[Leica] PayPal and Postal Insurance question

[cummer at netvigator.com (H&ECummer)]

Akhil,
DON'T DO IT!!!!!
I sold a mint Nikon F4 with full packing via Ebay to a buyer in Greece  
who requested the cheapest shipping and no insurance.
Needless to say he claimed the camera never arrived and complained to  
EBay and I had to refund him his money and then he gave me a bad rating.
Don't do it.
Howard

> Date: Sun, 11 Jan 2009 01:05:34 -0500
> From: "A. Lal" <alal@duke.poly.edu>
> Subject: [Leica] Paypal and Postal Insurance Question
> To: "Leica Users Group" <lug@leica-users.org>
>
> Hello Everyone,
>
> What is paypal's policy on refunds for shipments damaged or lost in  
> transit
> for which proof of mailing exists?
>
> Just to clarify, a prospective buyer of one of the lenses I  
> advertised, not
> a lugger, thought that 16 odd dollars was too much money to ship a  
> lens
> across the country, even if it included signature confirmation,   
> insurance,
> and first-class postage with plenty of padding in the box.  He wants  
> to save
> a few pennies (no, I don't know why)  and wants the lens shipped  
> without
> insurance. I have no problem with this as long as paypal does not  
> debit my
> account for a lens that goes missing through no fault of my own.
>
> If this were an old fashioned transaction via cheque  or money order  
> I would
> go ahead, but with paypal involved, I believe it is best to be  
> cautious and
> seek advice from this group.
>
> Comments are appreciated.
>
> BTW, in many years of buying and selling on the web, this is the  
> first time
> a buyer has actually requested a no-insurance shipment in order to  
> save a
> few dollars. Perhaps this should raise a red flag? Of course, I can  
> just
> cover the cost of insurance myself, but the whole thing sounded a bit
> strange.
>
> Regards,
> Akhil
>