🚀 go-pugleaf

Hello All.
 
I've been left in an odd situation in my first net transaction (I hope it
won't always be like this).  Here's the story...
 
 - I make a deal with a fellow netter to trade a video card for some
   SIMMs.
 - The deal is finalized.  We agree to ship via first-class mail
   insured.
 - A few days later, the video card is returned to me.  The clerk at
   the post office neglected to inform me that a customs form was
   necessary.
 - I re-mail the package immediately, and inform the other party what 
   happened.
 - It is now November 30th.  The SIMMs were mailed to me on the 17th
   and there's no sign of them.
 - Ok, we jump to December 4th.  The other party initiates a trace
   on the package.  He faxes me a copy of the trace form.  From this, I
   get my first indication that the package was not insured.
 - Still no sign of the SIMMs.
 - December 8th.  I get a fax of the mailing receipt from the other
   party, I follow-up with a fax back of my info. (receipt and 
   insurance slip)
 - I have found out via E-Mail that the package shipped to me was
   not insured and was sent in a floppy-disk mailer with $1.04
   postage.  My item was sent well-packaged, insured, at a cost
   of $11.55.
 - It's now December 15th.  The other party has received my package.  I
   still have no sign of his.
 
The items involved:
   From me:  ATI Graphics Ultra, 1 Mb, Mouse
   To me (in exchange):  4 4Mbx9 SIMMs
 
In other words, 4 4Mbx9 SIMMs were shipped to me, in a floppy-disk mailer
uninsured (even though we had agreed to insure).
 
Can I get some comments, please?  How long does a trace take?  If they
don't find anything, what happens (am I out a video-card)?  Should I be
expected to bear the loss?
 
Ed.