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arphethean

Business - Platinum
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Everything posted by arphethean

  1. Super delivery today from @Mox Thanks so much, they are superb.
  2. I have some tubes of Britannias at £595 posted if interested
  3. Just had a chat with them on the phone. The metals price feed has dropped so it's affected all the prices. They're getting it looked into. Sorry to spoil the party!
  4. Yes, should have said only if you haven't had confirmation of arrival you should keep it. I have had buyers come back to me months later, and in one case a seller did not provide me with a receipt and disappeared off Facebook. When I finally reestablished contact with him a year later asking where my item was he said he hasn't kept the receipt so couldn't prove he'd posted it. I lost that case anyway but a seller could protect themselves by keeping the proof in case the buyer came back later.
  5. Just to add as well, sellers should always be organised and take a photo of the parcel and keep every postage receipt for at least 6 months in case of an issue arising.
  6. Actually under UK distance selling laws it is the seller's responsibility to get the package to the buyer. The peer to peer PM community is at risk of becoming complacent on the issue and assume that it is a universal understanding that the buyer assumes responsibility by choosing whatever service they are comfortable with. In practice it rarely happens that the buyer explicitly states they are taking the risk. Just because it is a common approach in this community to take the unorthodox approach of buyer's risk, not all buyer's and sellers agree with it, and the specific terms are not often stated, so the risk of making assumptions during a transaction is that it anything goes wrong, resolving it will become fraught. Sellers need to be aware that if they choose to send an item uninsured which doesn't arrive or is damaged, they will legally be required to reimburse the buyer unless prior written agreement was made to the contrary. I doubt it would be sufficient simply to pop a lazy disclaimer in the listing saying "buyer's choice of post". The buyer would specifically have to say that they agree that there will be no compensation if the package were to go missing. Any sensible buyer would also be sensible to accept those terms only on condition that the seller provides proof of posting in the form of a photo of the receipt which shows the weight of the parcel, the address sent to, the tracking number and the date. The written contract between the buyer and seller then becomes quite protracted and this becomes impractical to do each time for a £30 package. I have personally got round this problem with three approaches. The first is due diligence. If a seller has a good reputation and I've dealt with them before I will trust they will provide me with their typical service. Without trust and care this whole business quickly crumbles. If an item is of high value and I want it sent 1st signed for I will make sure terms are clear. The second is a mathematical understanding that paying for special delivery is only worth for sending high value items. If one in 500 packages goes missing by 1st signed for (a conservative estimate based on my data going back two years), then by saving £4 per package in postage 500 times you are in theory saving against the loss of a £2000 item going missing. Obviously that's quite extreme an example and I would never entrust an item of that value to SF as that loss would be emotionally hard to take and that risk is not factored in mathematically. Each person can instead consider their own attitude to loss and risk and think how much would I be comfortable to lose? Under that value, go 1st signed for. Over, go SD. The third is through a business insurance which I have purchased, which covers all items I send up to £5k as long as I send at least signed for/tracked. I hope never to have to use it but it means i have that back up and can confidently post knowing i can reimburse the buyer and claim on insurance if tracking shows the item wasn't delivered after a certain time (i now set this as a month as one package i sent arrived a month after!) It is worth it for the number of items I post and I expect many people selling any moderate volume of bullion would be well advised to take out such insurance for peace of mind and the postage savings made which will offset the cost within a couple of months. The insurance also covers the bullion itself when in storage or on your person when out. I thought I would add some detail to the topic as it is a really important issue so that buyers and sellers can adequately inform and protect themselves. There are misunderstandings in the community and this can and does lead to big problems, losses and fall outs which nobody wants.
  7. Just in case there is any doubt, I have Sigma tested all of these and can guarantee they are all 000 fine silver.
  8. And no, that's not an invitation to retake the photos...
  9. Thank goodness your photography is lousy - saves me having to set eyes on it again!
  10. Been ages since I posted in this thread as so rare now that I buy something just for myself. As a maths teacher I couldn't resist this superb nerd trinket. I know Pressburg mint products are not everyone's cup of tea but I think they make a stunning item with some thought provoking and eye catching designs. This time I promise I'm going to keep them and finally start collecting all the designs! Thanks to @entsorfor these beauties.
  11. Wow Mark - great collection. MS70s get hard tot find the further back you go. In terms of your collection - you are missing the standard version of 2009. Should be an easy one to find in MS70 as a common year. 2002 seems to be fetching around the $200 mark in China 2008 looks to be around £100. 1987 is one I don't have in my collection so really interested in that one. Unfortunately only worth £20 in an MS69 grade Only kidding it's somewhere in the £400 to £450 region - hope for @DavePanda to correct me if I'm wrong on this. Interestingly the 5oz being less popular for collectors, much less demand - will be in the £350 to £400 region.
  12. There's been some excellent advice given in this thread. No problem to have a couple of 1oz coins in your stack but I would advise against going all 1oz as they are far more difficult to sell peer to peer. Especially if trying to sell a quantity. Sovereigns are far more liquid and you would not have much difficulty letting go of 20k worth of sovereigns quickly at over spot.
  13. arphethean

    Gold nuggets?

    They look a little odd. Do you have any idea where they came from? There are a few generous dealers with XRF machines who could test them for you which should give a good idea of Authenticity
  14. Wasn't me, @James32 ! I was almost tempted to make a bit but a little out of ammo right now. With eBay's buyer protection I wouldn't be that concerned aboutt bidding.
  15. There were no sovereigns between 69 and 73 inclusive
  16. https://www.bullionbypost.co.uk/proof-sets/proof-sovereigns/gold-proof-2019-sovereign-boxed/
  17. Congratulations! Wishing you every success. I remember distinctly that last day at my job and going full time into Haven, feeling like I'd just pushed my boat out into open water and clambering in, suddenly thinking that the water beneath me seemed pretty deep and the horizon vast. Scary, but liberating in equal measure. Haven't looked back since though. I love it!
  18. Fantastic price on silver Britannias at sharps pixley https://www.sharpspixley.com/buy-bullion/buy-silver/silver-coins/mixed-silver-britannia Was thinking of proposing a group order but the tiered pricing is too shallow after 5 coins to make it worthwhile. Unless anyone wanted to pay by Paypal? So fill your boots folks, and contact me if you want to take part in a group order.
  19. Who else watched the Coin Cabinet auction today? Some right bargains were had there... 5oz Three Graces for £1100 Some proof James Bond gold coins under spot. Did you spot any others? Bargains or a sign of the state of the market?
  20. I have been offered an 1862 shield sovereign with R over E and not sure what to offer for it? Would this be considered a F grade or could it be VF? Any advice appreciated @dicker @SovereignBishop @LawrenceChard
  21. By that logic aren't I double right?
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