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StackerBritt

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Posts posted by StackerBritt

  1. 2 hours ago, JTerry3 said:

    I'm kind of in the same boat but in reverse so maybe we could come to an arrangement hehe? I'm not sure I can carry on collecting these in 2oz so thinking of swapping my 2oz Henry for a 1oz. I don't have any of the James' but now have (pending successful delivery) both a 1oz & 2oz George!

    I have a spare James I 1oz silver proof if your still looking?

  2. 26 minutes ago, jultorsk said:

    ECB raises rates for first time in over a decade

    The European Central Bank has raised interest rates by a half percentage point — its first increase for more than a decade — while pledging to prevent rising borrowing costs from sparking a eurozone debt crisis amid political turmoil in Italy.

    🤔

    ECB raising interest rates… the Greeks are knackered

  3. 13 hours ago, Expat said:

    For the benefit of anybody ordering from eBay (in my case eBay US), I'd like to share my story and the resolution:

    I order regularly on eBay, mostly 1oz Gold coins (preferably Eagles and Krugerrands). I started mainly because if use my credit card, it basically refunds me 5.75% of the first $2,500 every quarter, so that's how I gained my first experiences with buying on eBay. Over the last couple of years, I increased my buying on eBay successively and arrived at 100+ coins in deliveries ranging from $2k to $15k in value. Most were shipped USPS or FedEx with no problems ever, and since I purchased exclusively from the big sellers (Liberty, BullionExchange, DBS, etc.) all coins turned out to be real, at least that's what my Metalyzer Pro said. I grew confident that this way works for me.

    Fast forward to May 2022, when I placed an order for 5 American Gold Eagles for just short of $10k through eBay with one of the previously mentioned large sellers. The seller was apparently changing around logistics, so the package did not leave their HQ in California, but was dispatched from a warehouse in Dallas TX and handed to FedEx. I followed the package to FedEx's Memphis sorting facility, when it suddenly went MIA for a day over the weekend. I didn't think much of that, and 24 hours later, the package re-arrived at the Memphis hub and was dispatched to my local sorting facility and out for delivery two days later.

    When FedEx home delivered the package, it was "half-handed" to me by the driver, we both held on to a side each, while I was signing on his little gizmo, using the package as support. Once I had the package fully in had and turned it around, I saw that the other side of the package had been cut open at the filament sealing tape, and had been taped back shut with simple clear tape. I already knew what must have happened, so I took some photos and opened the package, which turned out empty. The FedEx truck was already gone by that time. Please note, I am not accusing anybody in particular, but either the seller's warehouse tampered with the package before shipping, or someone else did, while the package was in the carrier's possession. I am not judging which one is more likely, I am merely stating the two possibilities.

    I called the seller who did not pick up the phone. So I immediately called eBay and opened a case with them. They were helpful and tried to calm me down, reiterating that I was protected by the eBay-Guarantee. The seller ultimately answered to my case in the eBay messaging system, requesting photos and eventually telling me to wait for one to two weeks until they get feedback from FedEx on an inquiry that they launched. I contacted eBay again and they told me I had to wait four days to give the seller time to find a resolution for me. I also asked if I should file a police report, and eBay support told me that this would not be necessary. I did not follow those instructions and reported the theft to our local Sheriff's office. Two detectives came out to collect the box and fingerprint it, and they also gave me a police report number and contact details. Of course, nothing happened from the sellers side, and I called eBay back after four (business) days. I was then told that they (eBay) would now escalate the case to their High Value Claims Group, a special group for these kind of cases. Their inquiry was going to take another four business days, they would have to investigate the buyer and seller for previous claims and the circumstances surrounding the claim.

    I kept in touch with the High Value Claims Group every day, asking if they had found out anything, offering any help I could provide. One day before their deadline, a Supervisor in that group asked me if I had filed a police report. I told her that I did, even though the lower level eBay support told me previously that I did not have to. She said that the report was extremely helpful and took down the number and the contact details for the local Sheriff's Office and told me that she would call them and verify my claims. I waited for the four days to pass exactly, then I called eBay. Within half an hour, I had the woman from the High Value Claims Group calling me back, saying that she just hung up with the Sheriff's Office and she verified everything that had happened exactly as I had told her. They decided the case that very same day in my favor. I received a full refund from eBay to my credit card about 24 hours later. I never heard anything from the seller. My assumption is, that eBay "ate" the loss in the end, and I am probably blacklisted by the seller for future purchases (I haven't tried again since then).

    What do we learn from this?

    1) Inspect EVERY package on ALL sides BEFORE signing. Be religious about this. If it looks in any way suspicious, refuse to accept it, let it go back. Your risk BEGINS when you take possession of it (i.e. sign for it).

    2) Take photos of high-value packages as they arrive, or even better a video of receiving and unpacking. eBay advised me to do so in the future.

    3) The seller on eBay is not necessarily your friend. They may try and hang you out to dry over their investigation with the carrier. eBay is your advocate, they can make (and force) a decision in a case.

    4) Immediately file a claim with eBay, not Paypal, not your Credit Card Company, not your bank. You can do so in a second step.

    5) Right after, file a police report, no matter what eBay says. You are the victim of a crime, it's in your best interest.

    6) Be proactive, be in eBay's face daily in a constructive way, offer any help you can provide, make sure they know you are the victim. Get to know the person that is handling your claim.

    7) Try not to have a second loss (I am speculating here), they keep records of all this happening.

    Final thought: The all-in-all 14 days it took to resolve this issue were no fun. While the end result is good, you may have a sleepless night on the way. I did not enjoy that. But eBay's Money-Back-Guarantee worked as promised and they did the right thing. Kudos and thanks for that to eBay. I luckily got my money back and have started to buy stuff on eBay again, although less valuable to begin with. My LCS is happy about that. But eBay knows that this buyer's trust is at the core of their business model, so I think that's why they in the end decided for the innocent buyer. Lastly, I still feel strange about someone "taking/stealing my stuff" somewhere, and it bugs me that some lowlife thief somewhere is running around with 5 Eagles of mine, probably feeling as cool as Clooney in Ocean's 11. I hate the feeling of being victimized. I am now completely OCD about getting packages directly from my mailman, and about checking anything from any carrier for signs of tampering.

    I hope none of you ever has to go through this, but if you do, maybe my experience can help.

    Martin

     

     

     

    Thank you for the detailed and informative narrative of your unfortunate experience.  

    I have often wondered how the EBay money back guarantee worked and it is good to see a real life example of it in action albeit sorry it was at your expense.  


    Should this ever happen to me then I will ensure I use this as a step by step guide, although I doubt that my purchases would register in the ‘High Value’ category.  I wonder if that makes money back more or less likely?  They won’t have their A Team looking at it but it may just mean that it gets resolved quicker.

    thanks again

  4. 19 minutes ago, jackflash123 said:

    Some excellent advice from @modofantasma

    Keep personal and sensitive info such as address, tracking numbers etc within PM's.

    Not saying anyone on the forum is dodgy but anyone could create an account and see your private information, from there all they have to do is decide to pay you a visit in the middle of the night and burglarise your property if you get my meaning?

    I would recommend going on holiday with TSF Cruises and take all your precious metals with you.  100% chance of a boating accident 😂

  5. 10 minutes ago, RDHC said:

    I seem to recall that my source stated that a good target for a productive mine would be 8 grams per metric tonne of unrefined ore, less if the mine were not so productive. So, 31 million metric tonnes of ore might yield 248 million grams, which is 248 tonnes, if I have the maths correct. That's a useful amount of gold but it does not square with 300 thousand tonnes.  However, I would advise anybody to check my figures.

    This is my source- no idea how reliable it is but 8g per tonne doesn’t sound a lot.

    https://energycapitalpower.com/uganda-discovers-31m-tons-of-gold-ore/

  6. 4 minutes ago, Zhorro said:

     

    It was discussed at the weekend in the Gold Monitoring $ US Only thread.

    If the discovery was true it would double the amount of gold in existence.  However @RDHC considered it was gold ore not refined gold (see above quote).

    Yeah I read somewhere that it was ore and that it works out about 300,000 tonnes when refined

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