Transaction problems

[MrMidas]

Hi all,..I’m new here heard of the site on a you tube video about gold and thought I’d check it out ,..seems like my kinda place just wondering how secure is it buying and selling on here ,..I been collecting gold a while now scrap then rings then pendants have a 1oz gold bar hoping to get a nice 1oz gold coin to add to the collection in a week or so if anyones thinking of selling while I’m writing like ,but are many people ripped off on here ?

[ChrisSilver]

Moved to the welcome new members section.

Welcome to The Silver Forum  

Please make sure you have read the applicable QuickStart guide (as linked to in the welcome message that you will have received) to trading as it contains useful and important information before trading on the forum, including information about the risk of trading. 

Please keep trade topics, including wanted topics/post exclusively in the trade sections of the forum. 

UK QuickStart Guide
EU QuickStart Guide
USA & Canada QuickStart Guide

[stefffana]

Hi, @MrMidas and welcome on forum!

The Silver Forum is in my opinion the best platform to buy and sell precious metals. You will find on here a nice community of good people who are interested in the same hobby of collecting and stacking gold and silver.

The administrator @ChrisSilver and the team of moderators are doing a great job, banning very quick suspect members and suspending their accounts. Of course, there are sometimes attempts of fraud, especially from new members who are trying to join only for this purpose, but it is a very efficient reporting system and all the active members are very vigilant.

 

On this forum, the main things are:

1. Upgrade your membership to premium. For only minimum £5.99/month you can see instantly the selling posts. Also, another members can see your long term intention to stay on this forum. People on here are usually reluctant to buy from non premium members.

2. Be active in conversations. People will know you better and you will start to know another members. Read from another topics. You will get to know quicker this community.

3. Build your trading history. Buy some stuffs, sell some gold and silver small products, be open at beginning to send first your goods to established members and to be paid after receiving. Because all the transactions on here are private, the trust is very important.

4. When buying from forum, read carefully the descriptions, look at the pictures, ask questions if you are not sure, check the profile of the seller and don't be afraid. The risk level on here is very low.

5. When selling on forum, describe accurately your products, add good pictures, answer honestly at any questions. Be open at beginning to send your items before being paid. It is a very good way to gain trust. All of us did this until we built some credit. I know, it is worrying to send your precious metals to unknown people before being paid, but this system works really well.

6. Use only Royal Mail Special Delivery fully insured at the real value for sending/receiving precious metals.

 

You are asking how many people been ripped off on here. Probably only very few. You can check the feedback trading history on here. 

There are 30 negative experiences (mostly unhappy customers who received items in lower condition than was described and the good sense didn't worked). I have spent before one day to read all the pages of feedbacks and I found only maximum five cases of people who didn't received their goods).

But 30 negatives and 39,242 positives in my opinion it is a very good score.

Again, welcome on forum and happy stacking!🤗

Stefan.

 

[motorbikez]

@MrMidas

Have a look at this thread which covers what you are asking. It will save going over the same ground again. This IMHO is the safest & best platform to buy & sell PMs. If you like a deal its best to pay for silver membership so you see the offers as soon as they are listed.

[Happypanda88]

The members above have very much answered your question.

So not much for me to add except to say welcome to the forum.

[Fenlander1]

Welcome to the forum. Happy collecting.

[LawrenceChard]

I have never had any problem buying or selling anything on TSF.

Mind you, I have never bought or sold anything on TSF, so my contribution doesn't exactly count for much!

😎

[James32]

Welcome aboard..

Bit of due diligence on your part and the forum is as safe as any secondary platform. 

Read feedback, don't be afraid to ask seller questions, carefully read the answers.

[Gordy]

14 hours ago, MrMidas said:

Hi all,..I’m new here heard of the site on a you tube video about gold and thought I’d check it out ,..seems like my kinda place just wondering how secure is it buying and selling on here ,..I been collecting gold a while now scrap then rings then pendants have a 1oz gold bar hoping to get a nice 1oz gold coin to add to the collection in a week or so if anyones thinking of selling while I’m writing like ,but are many people ripped off on here ?

What I would do if i was you and looking to buy a 1oz Gold Brit for example is put a wanted post up, any replies have a look at their profile and they can easily be vouched for by other established members, good members would never risk their reputation for a £1600.00 coin when they have probably moved on £1000.00's worth to build their rep

[MrMidas]

Thanks for reply’s I see it has the support of the room  ,.iv always used eBay as the buyer your kind of protected and I normally get put off if they ask me to do it through there bank ,and yeah I normally check out who I’m buying from as have got caught out once with a rolled gold item and not 9ct but a cheap way to learn a lesson maybe ,..that’s a good idea about a wanted notice for a coin il try that I have some money clearing in 2 weeks so before I gamble it away on the roulette I’d like to get at least a coin to fall back on one day 

[Fenlander1]

You will not go far wrong on here buddy.

Always do your own due diligence as you would buying anywhere but I can honestly say this is the safest place I have found to trade pm,s