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ShineyMagpie

Member
  • Posts

    352
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    ShineyMagpie got a reaction from Zhorro in How many forum members as percentage have been scammed by new sellers   
    i Personally have only bought a few things from the forum and am a relative newbie myself. so to answer 2 of your questions; 1) i have not been scammed myself although only a small amount of transactions. 2) how can you build feedback, well trading feedback works for buying as well as selling so specifically if you wanted to build that you could make purchases. but as others have said i suppose you get a "feeling" from interactions and conversations with people. i think you ask a valid question just my thoughts.
     
    I'm not sure with regards to your sales, and there again could be a few factors, did you list near Christmas when not everyone has spare income, you mentioned you didn't bump so your listing are "hidden" to non premium members for 3 days during which they could be several pages deep in the listings & did anyone engage with you regarding your prices (or attempt too?)
  2. Like
    ShineyMagpie got a reaction from ZRPMs in Purchase limit of gold for private individuals?   
    An interesting discussion ongoing here, been good to hear people's thoughts and opinions.
  3. Like
    ShineyMagpie got a reaction from James32 in First gold purchase   
    Oww I actually find it interesting, would keep the coin myself. In this instance would keep it in the blister also (can keep the invoice if it makes you feel better) the coin quite clearly states what it is. I think it makes it a quirky error, I do understand it messing with your OCD though.
  4. Like
    ShineyMagpie got a reaction from LiquidMetalsUK in Today I Received.....   
    No worries, thought it worth a cheeky ask 
  5. Like
    ShineyMagpie got a reaction from Paul in How many forum members as percentage have been scammed by new sellers   
    i Personally have only bought a few things from the forum and am a relative newbie myself. so to answer 2 of your questions; 1) i have not been scammed myself although only a small amount of transactions. 2) how can you build feedback, well trading feedback works for buying as well as selling so specifically if you wanted to build that you could make purchases. but as others have said i suppose you get a "feeling" from interactions and conversations with people. i think you ask a valid question just my thoughts.
     
    I'm not sure with regards to your sales, and there again could be a few factors, did you list near Christmas when not everyone has spare income, you mentioned you didn't bump so your listing are "hidden" to non premium members for 3 days during which they could be several pages deep in the listings & did anyone engage with you regarding your prices (or attempt too?)
  6. Like
    ShineyMagpie got a reaction from Mrpound in How many forum members as percentage have been scammed by new sellers   
    i Personally have only bought a few things from the forum and am a relative newbie myself. so to answer 2 of your questions; 1) i have not been scammed myself although only a small amount of transactions. 2) how can you build feedback, well trading feedback works for buying as well as selling so specifically if you wanted to build that you could make purchases. but as others have said i suppose you get a "feeling" from interactions and conversations with people. i think you ask a valid question just my thoughts.
     
    I'm not sure with regards to your sales, and there again could be a few factors, did you list near Christmas when not everyone has spare income, you mentioned you didn't bump so your listing are "hidden" to non premium members for 3 days during which they could be several pages deep in the listings & did anyone engage with you regarding your prices (or attempt too?)
  7. Like
    ShineyMagpie got a reaction from Spyder in How many forum members as percentage have been scammed by new sellers   
    i Personally have only bought a few things from the forum and am a relative newbie myself. so to answer 2 of your questions; 1) i have not been scammed myself although only a small amount of transactions. 2) how can you build feedback, well trading feedback works for buying as well as selling so specifically if you wanted to build that you could make purchases. but as others have said i suppose you get a "feeling" from interactions and conversations with people. i think you ask a valid question just my thoughts.
     
    I'm not sure with regards to your sales, and there again could be a few factors, did you list near Christmas when not everyone has spare income, you mentioned you didn't bump so your listing are "hidden" to non premium members for 3 days during which they could be several pages deep in the listings & did anyone engage with you regarding your prices (or attempt too?)
  8. Like
    ShineyMagpie got a reaction from modofantasma in How many forum members as percentage have been scammed by new sellers   
    i Personally have only bought a few things from the forum and am a relative newbie myself. so to answer 2 of your questions; 1) i have not been scammed myself although only a small amount of transactions. 2) how can you build feedback, well trading feedback works for buying as well as selling so specifically if you wanted to build that you could make purchases. but as others have said i suppose you get a "feeling" from interactions and conversations with people. i think you ask a valid question just my thoughts.
     
    I'm not sure with regards to your sales, and there again could be a few factors, did you list near Christmas when not everyone has spare income, you mentioned you didn't bump so your listing are "hidden" to non premium members for 3 days during which they could be several pages deep in the listings & did anyone engage with you regarding your prices (or attempt too?)
  9. Like
    ShineyMagpie reacted to Paul in How many forum members as percentage have been scammed by new sellers   
    As a new member on the forum, it is natural to want to get your listings and offers noticed by other members. However, it is common for new sellers to find that their offerings may be overlooked in favor of those from more established sellers.
    There are a few reasons why this may happen. One reason is that established sellers may have built up a reputation on the forum, and other members may be more trusting of their offerings as a result. Established sellers may also have more experience navigating the forum and be able to craft more compelling listings and offers.
    Another reason is that there may simply be an abundance of deals and offers available on the forum at any given time, and new sellers may get lost in the mix. With so many options to choose from, it can be difficult for new sellers to stand out and get noticed.
    As a new seller on the forum, it is important to be patient and persistent. It may take some time to build up your reputation and get your listings and offers noticed. In the meantime, there are a few things you can do to increase your visibility:
    Be active on the forum. Participate in discussions, ask questions, and engage with other members. This can help you build relationships and establish yourself as a valuable member of the community.
    Make sure your listings and offers are well-written and easy to understand. Use clear, concise language and include all relevant information.
    Use tags and categories appropriately when posting your listings and offers. This can help them show up in relevant search results.
    Consider offering promotions or discounts to attract attention to your offerings.
    Remember, building a successful presence on the forum takes time and effort. Don't get discouraged if you don't see immediate results. Keep working at it, and eventually your listings and offers will get the attention they deserve.
  10. Like
    ShineyMagpie got a reaction from Charliemouse in Today I Received.....   
    So does this mean you will be selling your old Sigma tester 😅 i'm sure it will be out of my budget if you are, but no doubt there would be takers 
  11. Like
    ShineyMagpie got a reaction from Zhorro in Today I Received.....   
    Interesting to see that people started receiving there orders again. I agree about the "cluttered" look but still a nice coin in my opinion. To answer the previous question asked by @Zhorro do the sovereigns come with numbered certificates, thanks?
  12. Like
    ShineyMagpie reacted to SheepStacker in Today I Received.....   
    2 more Machins for the date run. Nearly completed it. Cheers @1stsovereign


  13. Super Like
    ShineyMagpie got a reaction from James32 in Hi guys, looking to buy silver and GOLD cheaply but good quality - can i have some tips? I am in greater london   
    Hello, and welcome to the forum. As others have stated be care as with anything of value people try to fake, so buying from a reputable source helps against this especially if your new to collecting. Not knowing your budget makes it more difficult to suggest. There is a 3 simple items that can help you verify your items:
    1)A pair of dial calipers to measure the size and thickness of coin (specifications avaliable online).
    2) A set of accurate scales (not kitchen scales) that can measure to 0.01 of a gram, to measure weight of coins against specified.
    3) A neodymium (rare earth) magnetic, great quick check for silver. 
    Be aware of what spot prices are for gold and silver and that will help, local coin shop can be a great resource. Have fun ask more questions as you need, it's what the forum is for 🙂
  14. Haha
    ShineyMagpie reacted to Paul in Gold Monitoring Thread £ GBP only   
  15. Haha
    ShineyMagpie got a reaction from James32 in Gold Monitoring Thread £ GBP only   
    Anyone would think your insinuating that @James32 is trying to suck up all the gold 😆
  16. Confused
    ShineyMagpie got a reaction from Paul in Gold Monitoring Thread £ GBP only   
    Anyone would think your insinuating that @James32 is trying to suck up all the gold 😆
  17. Haha
    ShineyMagpie reacted to AndrewSL76 in Gold Monitoring Thread £ GBP only   
    I have it on very, very good authority that no one actually knows what the price of gold will be in two years time, let alone tonight. 
    I cannot reveal my source.
  18. Like
    ShineyMagpie reacted to paulmerton in Today I Received.....   
    As they have edition limits, I would have thought they'd be numbered. Maybe someone who has just received theirs can confirm!
  19. Like
    ShineyMagpie reacted to Simmoleon in Today I Received.....   
  20. Like
    ShineyMagpie reacted to JamesH in Exit strategies?   
    No defined exit strategy other than to pass on as much as possible to my children when I no longer want/need the safety net that gold provides. My strategy will be far more about keeping them informed on their best next steps once I move it on to them (a couple of decent contacts that will help them and their best interests - something akin to the BYB service offered, that would allow them to get the best return for a small fee without feeling obliged to shift it all to a dealer etc)
    The above plan aside, intentionally sticking to sovereigns and quarter oz coins in the main, so that if gold does steadily increase over time, they remain highly liquid and ‘affordable’ to a wider audience than maybe their 1oz cousins that could be at 2/2.5k each in years to come. This way I can offload a few at a time as and when needed in later life
    I must say though, in my relatively short time collecting PM’s I feel incredibly fortunate to be having these types of discussions. Talk of an exit strategy simply means we’re in a very privileged (not in a bad/negative way) position to hold wealth in gold etc in the first place 👍🏼
  21. Haha
    ShineyMagpie got a reaction from AuricGoldfinger in Gold Monitoring Thread £ GBP only   
    share a link here and get  free bump for your sale
  22. Like
    ShineyMagpie got a reaction from James32 in Exit strategies?   
    It does seem more common these days both through posts on this forum and YouTube videos that people are using silver as a way of trading up to gold. This makes sense especially for lower disposable income, or people new to the hobby. I think VAT free plays a big attraction to gold these days also compared to other PM. Uk based Sovereign, britannia seem to be quite liquid for get out if/when needed. But hay I'm still learning 😆
  23. Like
    ShineyMagpie reacted to Anteater in Exit strategies?   
    In terms of gold I have some Sovereigns and am mostly focussing on 2021+ Brits (1/4 and full) now. I feel that the security features could help make them easier to sell/trade on the secondary market. (Even, if necessary, to someone who isn't familiar with them, if they can research them online first.)
    I do also have a couple of Krugs which I'm planning to sell/trade in favour of Brits at some point - though right now everyone seems to be selling Krugs
  24. Like
    ShineyMagpie reacted to James32 in Exit strategies?   
    Completely understand, all roads appear to lead to gold. 
    I had zero gold last December, so I traded/sold/transitioned from 1250+oz of silver, down to around 450ozs and put that money into gold. 
    I'm back at over 750ozs of silver so there's an obvious flaw in my plan 😆 I will always keep around 500ozs of silver though "why?" I genuinely believe it will at least double within the next 5 years. 
    Gold is now my focus, but silver got me here cheaply ( relatively speaking of course)
  25. Like
    ShineyMagpie reacted to Silverlocks in Exit strategies?   
    I'm buying mostly gold with a preference for items that can be resold easily on the secondary market - here and FB groups mainly.  That means building up a track record of some sales here and other forums.  Plan B is to sell back to a dealer, which means that one has to be careful about premiums over spot.  That makes my stack appetite look like:
    Sovereigns - because they have relatively low premiums and are very liquid on the secondary market.  My preference is for the better end of bullion sovs with a bit of nice visual appeal, but not worried too much about rarity.  I can afford to buy a small portion of items with some premium, working on the assumption that they will still be liquid as long as the premium isn't overpaid.  I'm not convinced that the premiums on high value items like slabbed proofs are all that stable in the face of a recession; stuff like that has significant downside risk unless you get it at a very attractive price.  Also, exempt from capital gains tax. 1oz gold Brits and suchlike - Relatively low premiums mean the dealer spreads are relatively modest if I have to go down that route.  However, 1oz coins are still somewhat liquid on the secondary market. Bars - maybe some gold in the 1oz-50g range.  These have fairly low premiums but are still small enough to be reasonably liquid on the secondary market.  I've seen 50g bars trade here a few times but I don't think I've ever seen a 100g bar make a sale, at least not one I could find in the history of the UK ungraded board.  I think these items give the best flexibility in exit strategy.  Small enough to be liquid on the secondary market but low enough premiums for the option of selling back to a dealer to be viable without losing too much on the spreads.  Conspicuous by its absence is physical silver.  Because of the VAT component, dealer sales are really inefficient, which means your market is limited to other stackers who are also likely to be short of cash in a recession, just the time you might want to offload a bunch of precious metals.  Buying some silver ETFs or a BullionVault account might work but isn't in my Q1-2 budget.
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