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closed Saying hello as a seller ....


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All,


First off many thanks to @sixgun for suggesting this route to me.


As many of you are aware, I am new to this platform and I am trying to establish some seller feedback. I plan to try and offload some of my silver stack and to take things based on how matters progress. As a newbie bonus I am going to start by offering 1 oz silver rounds for atleast 5% below the prices quoted on Royalmint (excluding VAT and charges). At the time of writing the cost of a 1 Oz round on Royalmint is £27.06. I will be offering 10 coins/rounds for £25 each.


The catch
a) Each member can buy only 1 round/coin
b) Payment is by PayPal Friends and Family
c) Each coin/round would be random (Australian Kookaburra, Britannia, American Eagle, Austrian Philharmonic or Canadian Maple)
d) I can't guarantee the date/years or the coin/round that you receive. This will be completely random.
e) The coins won't be mint as they have been in storage for years and some might have been handled in the past. But, they are all one Oz fine silver
f) Postage at cost and buyers can choose their mode of postage or £2.50 for recorded post (not insured and at buyer's risk).
g) Available only to buyers with a UK address.


The process - if you are interested
a) First come - first served
b) Register your interest by replying to this thread
c) Drop me a pm with your postal address and contact number
d) I will then give you my PayPal payment ID
e) Make a £27.50 F and F payment
f) I will post the item within 5 working days of receiving payment (the post office is not close to where I am and I don't want to make multiple trips during Covid. I am travelling responsibly during Covid).


Thanks all.

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Hello mate.

Firstly welcome to the forum.

I do really like the proposal you have put forward and I'm sure it will attract alot of interest and will be great for any new stackers looking to buy well priced silver.

I do however think your only down fall is that you are only allowing 1 oz per person and sending via SD. Whilst I understand the reason behind it and I may be wrong in thinking this but for me it's now gone from a fantastic price at £25 an ounce of silver to £32.50 which is not really as appealing.

Perhaps if you offered 3 coins max say and made this offer for new premium members only it would be alot more successful for you and the buyers, would also give new members like yourself a chance to buy at good prices and you'd still get some great feedback for doing so.

It's just a thought mate it may or may not be what you want to do, it's completely up to you and I'm not trying to criticise what you are doing at all, I do think it's a really good idea and just trying to help make it better.

Best of luck with the sales bud 👍

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Postage has to be by special delivery at £7.50 as I can't risk any other postal means (they won't be fully insured otherwise).

It's better to let the buyer choose cheaper postage at their own risk especially for low value items as the expected loss on a £25 coin is only about 2.5p (one in a thousand shot for royal mail).

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2 minutes ago, Spence098 said:

Hello mate.

Firstly welcome to the forum.

I do really like the proposal you have put forward and I'm sure it will attract alot of interest and will be great for any new stackers looking to buy well priced silver.

I do however think your only down fall is that you are only allowing 1 oz per person and sending via SD. Whilst I understand the reason behind it and I may be wrong in thinking this but for me it's now gone from a fantastic price at £25 an ounce of silver to £32.50 which is not really as appealing.

Perhaps if you offered 3 coins max say and made this offer for new premium members only it would be alot more successful for you and the buyers, would also give new members like yourself a chance to buy at good prices and you'd still get some great feedback for doing so.

It's just a thought mate it may or may not be what you want to do, it's completely up to you and I'm not trying to criticise what you are doing at all, I do think it's a really good idea and just trying to help make it better.

Best of luck with the sales bud 👍

Many thanks for that, it is really useful feedback. Both you and Carrots!! Given what I have heard from you both I am going to take the hit on special delivery and offer the coins/rounds at £20. So that makes it £27.50 with special delivery for anyone interested. One coin per member with a UK address.

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g) People who trade with me a likely to get a preference over others when it comes to future lots that I sell.

So i message you to buy but as a first time customer you hold off on the offer to see if any of your past customers want it first. Thats the way i read it but that might not be what you intended.

Also seems you are over complicating things and even saying what you charge for an envelope.

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5 minutes ago, sellerstacker said:

Many thanks for that, it is really useful feedback. Both you and Carrots!! Given what I have heard from you both I am going to take the hit on special delivery and offer the coins/rounds at £20. So that makes it £27.50 with special delivery for anyone interested. One coin per member with a UK address.

Have you shares in Royal Mail?
 

Why not offer them at £20 plus the £7.50 but,  pay a couple of pounds for Royal Mail Signed for postage at the buyers risk and then put a fiver in the charity box- win, win and win 😃 

 

 

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17 minutes ago, sellerstacker said:

Many thanks for that, it is really useful feedback. Both you and Carrots!! Given what I have heard from you both I am going to take the hit on special delivery and offer the coins/rounds at £20. So that makes it £27.50 with special delivery for anyone interested. One coin per member with a UK address.

Don't do your self out of money mate ...like mentioned above let the buyer choose which postage they want and let them take the risk if it gets lost and you've started its at the buyers risk then you have no reason to be liable for it as long as you send a picture of the receipt showing proof of postage I don't think you can go to far wrong 👍

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Your coins though mate.

So you do what ever you feel comfortable with.

Might be worth starting a new one and stating the changes you've made mate, be less confusing for everyone that way.

I'm going to stop taking up space on your sales feed now mate and wish you all the best with it.

Joe 👍

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If it helps cool your nerves, I have probably sent 3000+ signed for packages over the last 5 years and had only 1 go missing domestically.

Visit my website for all my Hand Poured Silver: http://backyardbullion.com

And check out my YouTube channel 

https://www.youtube.com/backyardbullion

 

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3 minutes ago, BackyardBullion said:

If it helps cool your nerves, I have probably sent 3000+ signed for packages over the last 5 years and had only 1 go missing domestically.

re-iterating what BYB said, i send signed for for legal docs for my day job and sent loads of coins signed for and the only problem i have encountered was a click and collect employee refusing to sign for it and i had a bother retrieving it from Royal Mail.

It is a good idea in theory and a good way to build a reputation but for me, and this is only my personal view is i like to know what i am buying.. pictures of the coins you are selling would help too even if it is on a lucky dip type of sale as then the members can see the quality on all of them before making a decision, good luck though..

It does not matter how slowly you go so long as you do not stop.

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To jump on the dog-pile, in a hopefully constructive way;

How much were you thinking of selling the items for per ounce regularly? If £25 ish p/oz is near normal for your listings then provided you do the usual 'take some pictures of stuff with your name and the date showing' thang I'm sure most folks will take a punt on multiple items (thereby saving on post) even if your selling feedback is low. I've sold very few items as I'm more of a buy to keep kind of dude but each sale has been easy, reasonably quick and I've had good advice pm'd to me when members have spotted something or wanted to offer advice.

 

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2 hours ago, sellerstacker said:

Many thanks for that, it is really useful feedback. Both you and Carrots!! Given what I have heard from you both I am going to take the hit on special delivery and offer the coins/rounds at £20. So that makes it £27.50 with special delivery for anyone interested. One coin per member with a UK address.

Throwing money away there. I’d rather uou give me a coin for £20 with 88p charge on post. I’ll buy 500 at that price every day of the week... :) 

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3 minutes ago, Silverman2U said:

Throwing money away there. I’d rather uou give me a coin for £20 with 88p charge on post. I’ll buy 500 at that price every day of the week... :) 

I’d also add I look to write a review for everyone I make a deal with as a Curtesy, super check deal or normal price, I still write a review. :) 

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Hi, welcome to the forum.

Thank you for being open. I can understand the reluctance to go down the non-insured route, i'm the same but more experienced members say its okay.

I'd be interested in a coin for the original price of 25.  I'll go halves with you on the SD P&P.

for the packaging, you should look into buying some bulk jiffy bags off ebay, or in the poundland store.

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4 minutes ago, Spark268 said:

Hi, welcome to the forum.

Thank you for being open. I can understand the reluctance to go down the non-insured route, i'm the same but more experienced members say its okay.

I'd be interested in a coin for the original price of 25.  I'll go halves with you on the SD P&P.

for the packaging, you should look into buying some bulk jiffy bags off ebay, or in the poundland store.

150 size 000 jiffy bags on ebay for around 11p each

It does not matter how slowly you go so long as you do not stop.

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As per everyone else's comments don't throw away money... For one coin valued at £25 I would send via 1st class signed for.... one odds on one out of 5 getting lost would probably mean you would be better off. If someone wants 1 day SD then they can pay for it... personally I wold by a bullion coin at £25.00 + 1st class signed for :-).. Now if yo were sending a tube then that's different

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Agreed. I don't use SD on anything less than £100 and even more if it's something like a bar in assay.

RM signed for will do (even though it isn't signed for nowadays).

 

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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On 25/05/2021 at 21:03, Fadeingstar said:

Good idea here. I would rethink the postage as £7.50 is a bit steep for 1 coin. How about offer at your orginal £25 an oz and allow the buyer to pay for the postage they want? Spence hit the nail on the head.

That sounds like the best think to do and best advice I have received on the forum. As you can say, I am still finding my feet. 

I am going with that option. So 9 coins available (1 reserved for @rlingford) at £25 and the buyers can decide how they want to send the coins postal fees as below

a) Royal Mail Signed For £2.25

b) Special Delivery £6.75

c) Anything else that will need a signature at the buyer's end (at cost)

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No need for signed for even. Save another pound or so and send standard first or second class post.

SF isn't treated any differently to standard and is only useful so that the sender knows when it's been delivered. This is irrelevant when the buyer agrees to stand the risk, as long as the sender obtains a proof of posting of course.

You could argue SF gives slightly more insurance cover but the RM is unlikely to pay out for a lost silver coin unless sent by special

Profile picture with thanks to Carl Vernon

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