Hello all

[AgAuCH4]

I've been recommended this place by a frustrated eBay user! I last unloaded my stack around 2012, and eBay worked really well then, but it doesn't look so good now. Money on hold because you didn't send it special delivery?! Anyway hello and I look forward to chatting with some fellow stackers over the coming weeks. I'll be releasing some of my stack onto the market, so if there are interested buyers of silver kooks and koalas, keep an eye out! I'm also interested in buying gold sovereigns over a long period of time, so I hope to stick around. 

Question - how do sales work with a newbie with no trading feedback? Should I buy some stuff first?

Thanks in advance 🙂

[stefffana]

Hi, and welcome on forum!

About your question, what can I say? Try to sell at beginning small quantities at good prices, be open to send your silver first and receive payment after delivery (work very well this strategy on forum, absolutely risk free if dealing with forum members with trading history and active daily on forum) and your trading history will grow quick and healthy.

Good luck!🤗

[daca]

Welcome aboard and enjoy the ride!

[AgAuCH4]

42 minutes ago, stefffana said:

Hi, and welcome on forum!

About your question, what can I say? Try to sell at beginning small quantities at good prices, be open to send your silver first and receive payment after delivery (work very well this strategy on forum, absolutely risk free if dealing with forum members with trading history and active daily on forum) and your trading history will grow quick and healthy.

Good luck!🤗

Ah that'll work for me, great idea, thanks!

[HonestMoneyGoldSilver]

I do like a Kook (when priced cheap of course 😂)

This place is great for sovereigns, lots of sellers and competitive prices. If that's your thing you'll enjoy it here, especially with your Silver Membership 🥈

Welcome aboard, enjoy your purchases and GLWS! (Good Luck With Sales)

[AgAuCH4]

10 minutes ago, daca said:

Welcome aboard and enjoy the ride!

Muchas gracias 🙂

[AgAuCH4]

Just now, HonestMoneyGoldSilver said:

I do like a Kook (when priced cheap of course 😂)

This place is great for sovereigns, lots of sellers and competitive prices. If that's your thing you'll enjoy it here, especially with your Silver Membership 🥈

Welcome aboard, enjoy your purchases and GLWS! (Good Luck With Sales)

Thanks very much, quite the warm welcome here I must say. Is there enough traffic here for an auction do you think, or do most people sell at a specific price (and drop it down as necessary I noticed)?

I just dug out my Kook rolls to check the dates, they are 2019s, encapsulated, never opened. Think they'll go well?!

[AgAuCH4]

And here is a nice little poured bar from the Perth Mint, bought in person: 

[James32]

Welcome aboard 

[Fenlander1]

Welcome to the forum.

[AgAuCH4]

9 minutes ago, James32 said:

Welcome aboard 

Ta muchly

7 minutes ago, Fenlander1 said:

Welcome to the forum.

Thanks very much!

[HonestMoneyGoldSilver]

10 minutes ago, AgAuCH4 said:

Thanks very much, quite the warm welcome here I must say. Is there enough traffic here for an auction do you think, or do most people sell at a specific price (and drop it down as necessary I noticed)?

I just dug out my Kook rolls to check the dates, they are 2019s, encapsulated, never opened. Think they'll go well?!

You are most welcome my friend. It's great to see lots of new members 🏆

Those products - Perth Mint bars and Kookaburras - are popular, especially the bars, and they will definitely sell at the right price. One thing to keep in mind is TSF is not eBay or Amazon. There are 0% fees and lots of educated precious metals enthusiasts, flippers and merchants. I recently bought these with free shipping:

https://www.thesilverforum.com/topic/77705-silver-and-gold-bits-and-bobs/?do=findComment&comment=882064

That might give you an idea of price. That was a very competitive listing I don't want to scare you but you should know prices on TSF are significantly lower than eBay. Some on TSF sell at the lowest price for kudos rather than the highest price for kudos, basically the opposite of eBay. If common items are priced right on TSF they will sell within minutes

As for auction vs fixed price, I'm no expert but my impression is that fixed-price listings for bullion tend to do better than auctions. People tend to know the truth worth of items so unless it's a numismatic or two people are competing over an item to complete a set, it's unlikely auctions will balloon beyond the true value of the item. In auction houses or eBay it's a different story and people will overbid, not so much on TSF that I've seen. 

[HonestMoneyGoldSilver]

Here are a few more recent listings containing Kooks:

Silver Bars, coins, rounds & gold chain - United Kingdom (Ungraded) - The Silver Forum

Various 1oz Silver BU coins - Swan, Kookaburra, Panda, Brits, Dutch restrike dollar. - United Kingdom (Ungraded) - The Silver Forum

Silver Kookaburra collection. Spot is up price held - United Kingdom (Ungraded) - The Silver Forum

3 lots of 10 x 1oz Silver Coin Bundles - now £265 delivered SD (without the milky kangaroo!)) SOLD - United Kingdom (Ungraded) - The Silver Forum

x7 Silver 1oz coins - a nice mix! - United Kingdom (Ungraded) - The Silver Forum

and Perth Mint 10oz Bars

10 oz Perth Mint bar 999FS £270 - United Kingdom (Ungraded) - The Silver Forum

Mixed .999 Silver Bars - United Kingdom (Ungraded) - The Silver Forum

[AgAuCH4]

19 minutes ago, HonestMoneyGoldSilver said:

You are most welcome my friend. It's great to see lots of new members 🏆

Those products - Perth Mint bars and Kookaburras - are popular, especially the bars, and they will definitely sell at the right price. One thing to keep in mind is TSF is not eBay or Amazon. There are 0% fees and lots of educated precious metals enthusiasts, flippers and merchants. I recently bought these with free shipping:

https://www.thesilverforum.com/topic/77705-silver-and-gold-bits-and-bobs/?do=findComment&comment=882064

That might give you an idea of price. That was a very competitive listing I don't want to scare you but you should know prices on TSF are significantly lower than eBay. Some on TSF sell at the lowest price for kudos rather than the highest price for kudos, basically the opposite of eBay. If common items are priced right on TSF they will sell within minutes

As for auction vs fixed price, I'm no expert but my impression is that fixed-price listings for bullion tend to do better than auctions. People tend to know the truth worth of items so unless it's a numismatic or two people are competing over an item to complete a set, it's unlikely auctions will balloon beyond the true value of the item. In auction houses or eBay it's a different story and people will overbid, not so much on TSF that I've seen. 

That's very informative, thank you. Makes a lot of sense too.

[AgAuCH4]

16 minutes ago, HonestMoneyGoldSilver said:

Here are a few more recent listings containing Kooks:

Silver Bars, coins, rounds & gold chain - United Kingdom (Ungraded) - The Silver Forum

Various 1oz Silver BU coins - Swan, Kookaburra, Panda, Brits, Dutch restrike dollar. - United Kingdom (Ungraded) - The Silver Forum

Silver Kookaburra collection. Spot is up price held - United Kingdom (Ungraded) - The Silver Forum

3 lots of 10 x 1oz Silver Coin Bundles - now £265 delivered SD (without the milky kangaroo!)) SOLD - United Kingdom (Ungraded) - The Silver Forum

x7 Silver 1oz coins - a nice mix! - United Kingdom (Ungraded) - The Silver Forum

and Perth Mint 10oz Bars

10 oz Perth Mint bar 999FS £270 - United Kingdom (Ungraded) - The Silver Forum

Mixed .999 Silver Bars - United Kingdom (Ungraded) - The Silver Forum

Wow that is so helpful. Prices look fine to me, thanks again