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Pete

Silver Premium Member
  • Posts

    5,024
  • Joined

  • Last visited

  • Days Won

    2
  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    Pete got a reaction from dicker in Holidaying in Spain - an opportunity to buy Silver?   
    Never found a source of cheap coins in this part of the world, including Gibraltar.
    Odd shop selling bric-a-brac with some silver coins but grossly overpriced.
    I don't bother looking now.
    As for VAT, one you have exceeded your free personal allowance, UK Border force want their 20% on everything over your allowance and should be declared.
  2. Like
    Pete got a reaction from dicker in Gold under weight ( advice please )   
    I corrected my earlier comment as I had mistakenly entered 0.2g instead of 0.02g
    This devalues the bar by perhaps 80 pence only.
    Most inexpensive digital scales that we stackers and collectors use struggle with 0.01 g accuracy.
    If you weigh a full sovereign for example you might read 8.00 or 8.01 g and making repeat measurements you will flip from one to the other.
    This usually means the actual weight is 8.005 but the resolution cannot show the 3rd decimal point.
    A reading of 0.98g could mean the bar is really 0.99g and bars that weigh 1.00g might actually be 1.01g
    It is still underweight but is it worth the hassle of a first class postage stamp ?

     
  3. Like
    Pete got a reaction from Griffo in Gold under weight ( advice please )   
    Having read all the comments I am inclined to believe that your scales are correct so your bar is 2% below weight.
    As mentioned earlier I cannot imagine that breaking up a larger bar would guarantee a better tolerance so your bar is 2% under weight and its neighbour maybe 2% over weight.
    Just the luck of the draw buying a section from a larger piece.
    I also cannot believe that a dealer bothers to weigh each item before dispatch but I am sure it is weighed on receipt, when they are paying out, but would not necessarily be recorded.

    At spot 0.2 of a gram is worth £8-9 so roughy the return cost of insured postage.
    If your seller is advertising a 1 gram bar and not mentioning a tolerance then under trading standards you should receive a 1 g bar so either ask for a partial refund or insist your bar is replaced if you are prepared to engage with the hassle for the sake of this difference.
    However if you don't have it replaced then you could be facing a reverse argument should you sell at a later date if you forget to mention its weight.
    How would that look on a feedback score when a buyer says he / she was short changed ?
     
    Correction - my apologies to anyone who has taken interest in this topic
    I misread the decimal point and for some reason thought the shortage was 0.2g when it is actually one tenth of a gram 0.02g
    This negates most of what I wrote above.
    The value lost is therefore less than £1 so not worth arguing over with the seller.
     
  4. Like
    Pete got a reaction from Arganto in Gold under weight ( advice please )   
    Having read all the comments I am inclined to believe that your scales are correct so your bar is 2% below weight.
    As mentioned earlier I cannot imagine that breaking up a larger bar would guarantee a better tolerance so your bar is 2% under weight and its neighbour maybe 2% over weight.
    Just the luck of the draw buying a section from a larger piece.
    I also cannot believe that a dealer bothers to weigh each item before dispatch but I am sure it is weighed on receipt, when they are paying out, but would not necessarily be recorded.

    At spot 0.2 of a gram is worth £8-9 so roughy the return cost of insured postage.
    If your seller is advertising a 1 gram bar and not mentioning a tolerance then under trading standards you should receive a 1 g bar so either ask for a partial refund or insist your bar is replaced if you are prepared to engage with the hassle for the sake of this difference.
    However if you don't have it replaced then you could be facing a reverse argument should you sell at a later date if you forget to mention its weight.
    How would that look on a feedback score when a buyer says he / she was short changed ?
     
    Correction - my apologies to anyone who has taken interest in this topic
    I misread the decimal point and for some reason thought the shortage was 0.2g when it is actually one tenth of a gram 0.02g
    This negates most of what I wrote above.
    The value lost is therefore less than £1 so not worth arguing over with the seller.
     
  5. Like
    Pete got a reaction from James32 in Gold under weight ( advice please )   
    Having read all the comments I am inclined to believe that your scales are correct so your bar is 2% below weight.
    As mentioned earlier I cannot imagine that breaking up a larger bar would guarantee a better tolerance so your bar is 2% under weight and its neighbour maybe 2% over weight.
    Just the luck of the draw buying a section from a larger piece.
    I also cannot believe that a dealer bothers to weigh each item before dispatch but I am sure it is weighed on receipt, when they are paying out, but would not necessarily be recorded.

    At spot 0.2 of a gram is worth £8-9 so roughy the return cost of insured postage.
    If your seller is advertising a 1 gram bar and not mentioning a tolerance then under trading standards you should receive a 1 g bar so either ask for a partial refund or insist your bar is replaced if you are prepared to engage with the hassle for the sake of this difference.
    However if you don't have it replaced then you could be facing a reverse argument should you sell at a later date if you forget to mention its weight.
    How would that look on a feedback score when a buyer says he / she was short changed ?
     
    Correction - my apologies to anyone who has taken interest in this topic
    I misread the decimal point and for some reason thought the shortage was 0.2g when it is actually one tenth of a gram 0.02g
    This negates most of what I wrote above.
    The value lost is therefore less than £1 so not worth arguing over with the seller.
     
  6. Like
    Pete got a reaction from Johnboysilver in Platinum Queen's Beasts completer!   
    Platinum arrived this morning with the 10 oz silver completer just released.


     
     
     
  7. Like
    Pete got a reaction from Solly in Platinum Queen's Beasts completer!   
    Platinum arrived this morning with the 10 oz silver completer just released.


     
     
     
  8. Super Like
    Pete got a reaction from HonestMoneyGoldSilver in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  9. Like
    Pete got a reaction from Richiesilver in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  10. Like
    Pete got a reaction from Tortoise in Oh no not another !!!   
    Driving us all to be like Royalty - Asset Rich and Cash Poor - only I don't believe the bit about Royals being cash poor it's just they don't know about money as everything is free.
  11. Like
    Pete got a reaction from StackemHigh in Platinum Queen's Beasts completer!   
    Platinum arrived this morning with the 10 oz silver completer just released.


     
     
     
  12. Like
    Pete got a reaction from Foster88 in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  13. Like
    Pete got a reaction from AaaGee in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  14. Like
    Pete got a reaction from Midasfrog in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  15. Like
    Pete got a reaction from Johnboysilver in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  16. Like
    Pete got a reaction from ArgentSmith in Platinum Queen's Beasts completer!   
    Platinum arrived this morning with the 10 oz silver completer just released.


     
     
     
  17. Like
    Pete got a reaction from sixfour in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  18. Like
    Pete got a reaction from GoldStatue in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  19. Like
    Pete got a reaction from Smiler999 in Queen's Beasts (Gold & Silver) Photo Thread   
    Latest 2 beauties fresh from the Royal Mint.
    The 1 oz Platinum Completer and its 10 oz silver cousin.

     

     
     
     
  20. Like
    Pete got a reaction from Ashes in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  21. Like
    Pete got a reaction from whitesands1 in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  22. Like
    Pete got a reaction from Chrisplym in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  23. Like
    Pete got a reaction from MickB in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  24. Like
    Pete got a reaction from Tn21 in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  25. Like
    Pete got a reaction from MJCOIN in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

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