BullionMan89

I don’t want to go in to too much detail regarding my supplier until I’ve had chance to check the coins again myself and spoken to them about it but they are a shop that buy from the public and test coins when purchasing. 
As I said I would prefer to deal with this once all of the relevant information is known and without damaging anyone’s reputation publicly. Having refunded the buyer I had hoped that would be the end of the matter and I could take it up with my supplier myself in private but as this thread was posted suggesting the coins had been sold incorrectly I felt I needed to at least comment to defend myself to a certain extent. 

As the seller of these coins I am happy to respond.
The coins were sold to me by a fairly big and very experienced gold dealer where they would have been XRF tested prior to my purchase. I am not willing to name the dealer until I have carried out further tests and spoken to them directly as I don't think that would be fair. That said I think many people on this forum would know the name.
Two of the coins came with certificates and while these don't really prove anything it does at least state what the coins are supposed to be and everything else matches up as expected. The buyer was not happy with the coins he received and asked to return them, as a gesture of goodwill I accepted the return but until I receive them back and can get them tested more thoroughly I am still of the opinion that they are 22ct. Whilst I understand the Sigma isn't completely fool proof, as stated earlier in the thread specific gravity tests can also be misread and that appears to be the only test that has been done on these coins. There is also mention of a pawnbroker looking at the coins but no testing procedures were carried out at all beyond looking at the coins with a magnifying glass.
So far we have three coins as follows:
Five Laurels (40g) - Passed both the Sigma and specific gravity tests, not sure what the pawnbroker made of it but assume all is well as nothing mentioned
Platinum Jubilee (16g) - Passed Sigma test, had COA stating details of the coin and came from the same lot as the Five Laurels so I have no reason to doubt it other than the buyer's own failed SG test. Also no comment from the pawnbroker
Brexit Coin (8g) - Passed Sigma test, buyer/pawnbroker claims 9ct inscription on the coin which if true both I and the very experienced dealer I bought from have missed. If that is the case then of course I apologise but I would like to see this for myself.
As I understood the workings of the Sigma machine there are different 22ct settings that will apply to the different alloys that may be used which is why they have different settings for Krugerrands, Britannias etc. Happy to be educated on this if I am wrong of course, I am quite new to the Sigma.
Regarding the postage costs, the buyer agreed that he would cover the return postage. I wasn't aware that he was unhappy with this arrangement but as he has now asked me to cover it I will do so. I had planned to refund postage anyway should any of the coins prove to be anything less that what I sold them as. My personal opinion is still that they are 22ct gold and I wouldn't sell any coin if I wasn't confident of the purity. I am of course willing to be proved wrong though and will update the thread if that proves to be the case.
Without meaning any offence at all, I don't think the buyer was ever 100% happy with the purchase even prior to receiving the coins and I thought I was being quite generous in accepting a return which many sellers/dealers wouldn't do.

I don’t want to go in to too much detail regarding my supplier until I’ve had chance to check the coins again myself and spoken to them about it but they are a shop that buy from the public and test coins when purchasing. 
As I said I would prefer to deal with this once all of the relevant information is known and without damaging anyone’s reputation publicly. Having refunded the buyer I had hoped that would be the end of the matter and I could take it up with my supplier myself in private but as this thread was posted suggesting the coins had been sold incorrectly I felt I needed to at least comment to defend myself to a certain extent. 

As the seller of these coins I am happy to respond.
The coins were sold to me by a fairly big and very experienced gold dealer where they would have been XRF tested prior to my purchase. I am not willing to name the dealer until I have carried out further tests and spoken to them directly as I don't think that would be fair. That said I think many people on this forum would know the name.
Two of the coins came with certificates and while these don't really prove anything it does at least state what the coins are supposed to be and everything else matches up as expected. The buyer was not happy with the coins he received and asked to return them, as a gesture of goodwill I accepted the return but until I receive them back and can get them tested more thoroughly I am still of the opinion that they are 22ct. Whilst I understand the Sigma isn't completely fool proof, as stated earlier in the thread specific gravity tests can also be misread and that appears to be the only test that has been done on these coins. There is also mention of a pawnbroker looking at the coins but no testing procedures were carried out at all beyond looking at the coins with a magnifying glass.
So far we have three coins as follows:
Five Laurels (40g) - Passed both the Sigma and specific gravity tests, not sure what the pawnbroker made of it but assume all is well as nothing mentioned
Platinum Jubilee (16g) - Passed Sigma test, had COA stating details of the coin and came from the same lot as the Five Laurels so I have no reason to doubt it other than the buyer's own failed SG test. Also no comment from the pawnbroker
Brexit Coin (8g) - Passed Sigma test, buyer/pawnbroker claims 9ct inscription on the coin which if true both I and the very experienced dealer I bought from have missed. If that is the case then of course I apologise but I would like to see this for myself.
As I understood the workings of the Sigma machine there are different 22ct settings that will apply to the different alloys that may be used which is why they have different settings for Krugerrands, Britannias etc. Happy to be educated on this if I am wrong of course, I am quite new to the Sigma.
Regarding the postage costs, the buyer agreed that he would cover the return postage. I wasn't aware that he was unhappy with this arrangement but as he has now asked me to cover it I will do so. I had planned to refund postage anyway should any of the coins prove to be anything less that what I sold them as. My personal opinion is still that they are 22ct gold and I wouldn't sell any coin if I wasn't confident of the purity. I am of course willing to be proved wrong though and will update the thread if that proves to be the case.
Without meaning any offence at all, I don't think the buyer was ever 100% happy with the purchase even prior to receiving the coins and I thought I was being quite generous in accepting a return which many sellers/dealers wouldn't do.

I am speaking generally on auctions rather than about this company specifically as I am not familiar with all of their fees and practices but having looked at auctions in some detail I am amazed anybody buys or sells in this manner, especially when it comes to gold and the fine margins often involved there. 
The final price of most items is often significantly suppressed by the buyer's premiums to begin with and then the seller gets charged fees as well. It seems quite difficult for a buyer to get a bargain once they've paid the (often) exorbitant fees and things are even worse for sellers as already discussed.
Maybe I'm missing something but I do wonder why anybody bothers most of the time.

I am speaking generally on auctions rather than about this company specifically as I am not familiar with all of their fees and practices but having looked at auctions in some detail I am amazed anybody buys or sells in this manner, especially when it comes to gold and the fine margins often involved there. 
The final price of most items is often significantly suppressed by the buyer's premiums to begin with and then the seller gets charged fees as well. It seems quite difficult for a buyer to get a bargain once they've paid the (often) exorbitant fees and things are even worse for sellers as already discussed.
Maybe I'm missing something but I do wonder why anybody bothers most of the time.

Perhaps the most powerful 1oz coin out there 💪
Thanks to @BullionMan89 my son was very happy to receive this. 
 

Thanks to @BullionMan89 for my first 2 Libertads, my new fav bullion coin! 

I am trying to convert my stack to more gold dominant I promise! 🤣
another 30 dimes for my local tubes and a lovely 1oz monarch precious metals bar, shame I couldn’t get a bigger version last week,
with thanks to the constitutional man @arphethean and @BullionMan89 for the poured bar.

Big thanks to @Mox @arphethean and @BullionMan89 for today's arrivals. 

new arrivals for me.... thanks to @StBeesSilver @Mox and @BullionMan89 

Big thanks to @BullionMan89 for today's arrivals 

Thanks to @BullionMan89 for my Ag Buffaloes in lieu of the real thing!! Very happy with them. Great price and service.👍
Got to dig the 80's stamps, I recognize most from Blue Peter Days!! 
Fyi, just Googled it, 1/2pence was taken out of circulation in 1984!!! Showing our age @BullionMan89 me thinks!🤣

Four Buffalo rounds landed on my doorstep.
Nice one @BullionMan89

Northern Ireland is part of the UK so there are no differences when posting there. I believe the Northern Ireland Protocol concerns the border between Northern Ireland and the Republic of Ireland so shouldn't affect posting from the UK.

I hassssss one now, it's mine. all MINE!!!
Absolutely love it!
Many thanks @BullionMan89

£1180+postage (preorder)  £1130+ postage (price may change based on the spot)
£130 deposit and the coin will be arrived in 10-15 working days.  

Any one who are interested in this coin could send me a private message  

I have some of these arriving next week that will be for sale

I have some of these arriving next week that will be for sale

Much appreciated, thank you

That's fair enough. I should probably look in to something similar, I'm aware of the games people may try to play and it's always a concern if I sell something of high value so something for me to consider in future.

My 2005 haul over the past week or so. My thanks to @Pete @BullionMan89 @Clockpuncher for the help in sourcing most of the items here. Top guys. 👍
No thanks to the useless Royal Mail who took 6 days to deliver 1st class post. 👎



 

I know what you mean, I'm glad you bought a whole box saved me the job of trying to get in to it! Glad you like them mate, thanks

Thanks @TringSilver and @Gordy I just checked and I can list again too now, guess something kicked in in the last couple of hours. 

Thanks all for the updates.