We are very happy to announce that we have finally gotten to a place where the European Mint Group Orders are able to move forward!
PLEASE READ THE FOLLOWING CAREFULLY AS THE WORKINGS OF THE "GROUP ORDER" HAVE CHANGED SIGNIFICANTLY
Big changes to the way group orders work
To comply with the new VAT responsibilities facing all things Backyard Bullion we have had to change the way that group orders run.
We hope that what we can offer is still a worthwhile service for some people. That said, we know that these changes will not suit all and we are sorry for that. Please respect our decisions to run things the way they need to run to protect ourselves as a business.
The biggest change is that you will no longer place orders with me (Backyard Bullion). Orders will be placed directly with The European Mint and then "Vaulted" with them. When certain thresholds (mainly weight) are met, parcels will be shipped - or, at the end of each month.
This change does take away one of the benefits of the old orders - having to pay the EU mint directly via IBAN transfer. Doing this is not as difficult as you might expect and we are happy to help and guide people through that process if needed.
Do these changes mean less savings on group orders?
Fundamentally the savings will be the same. The only issue is that of payment directly to the European Mint.
International shipping will still be 1.2% of your order. So for an order of 50 oz of silver you would have been paying €48 to EU Mint directly. With this order you would pay about €9 in international shipping and (with special delivery) £13 for onwards postage, meaning about a £20+ saving overall.
How do you pay the EU Mint directly!?
It is actually not that complicated. I use a transfer service called Transferwise and I would be more than happy to guide you through the process of payment. You can also pay the EU mint via PayPal - although there is a 4% charge for this. You can also pay using your own bank (but my advice would be to avoid this because of the charges and poor exchange rates).
If you want help getting payment to the EU Mint please feel free to get in touch.
The new order of play....
How the new group orders will work?
This is a general summary of how a group order will work:
1) You place an order with the European Mint directly.
2) During the checkout process you will need to apply the following code "BYBGROUPORDER" This code gives you a massive €0.01 discount on your order - but more importantly allows the EU mint to identify group order orders.
3) Select the "Add orders to storage" option on the shipping section.
4) Message me here on the forum (or via email to firstname.lastname@example.org) with your order summary (ideally a copy of your invoice).
5) We (Backyard Bullion) then will offer a free service of arranging delivery of your items. We will instruct the courier to pick up your order(s), deliver them to us and we will then distribute like we have with previous group orders.
6) This service is FREE. This means that I do not have to charge you VAT on the shipping costs. However we will, of course, still have to bill you for shipping. The courier costs from the EU Mint to us will be the same rate as before (1.2% of the order value) and will be passed on to you as a disbursement cost. The UK postage will be the same as previous group orders and I will cover those in more detail later in this thread.
So that is basically how these group orders will run!
NO MORE WEEKEND ONLY ORDERS!!
One of the perks of this new arrangement is that we are no longer bound by weekend only orders. You can place your orders any time with the EU mint directly.
What can I order and does it include Pre-order items?
You can order anything on the EU Mint website. However, you may notice that the European Mint have a significant number of items that seem "in stock" but are in fact pre-order. These items are usually sourced to order by the EU mint and as such take about 2-3 weeks to arrive with them. So, feel free to order these items but be aware that your entire order cannot be delivered to me and subsequently to you until those orders have been received by the EU Mint.
Monthly deliveries & weight thresholds
The way we envisage these orders working is that at the end of each month we will have a dispatch of all orders which can be fulfilled. So, if you place an order for pre-order items you may have to wait until the end of the following month for your orders. This could be as much as a 6 week wait. You have been warned.
However, we will also be shipping items that are ready to go if/when certain weight/value thresholds are met. This will allow us to get orders out sooner and not have 60kg+ parcels to process!
So there are no deadlines to order, you can order whenever you want. We (EU Mint) and I will keep you all as updated as possible about estimates for delivery of your order(s)
General Terms and Conditions
1) I (Backyard Bullion) cannot take financial responsibility for lost/damaged items that are part of this group order.
2) You agree that I (Backyard Bullion) will act as an agent on your behalf to arrange and pay for a courier to pick up your orders.
3) Backyard Bullion can only dispatch your order upon successful delivery from the European Mint and only upon payment of a separate postage invoice.
4) Any loss or damaged item claims will be initiated and managed by me (Backyard Bullion) and any payouts for claims can only be made upon the successful payout from said claim. Backyard Bullion cannot be held financially responsible for any unsuccessful claims.
5) You are liable for any and all taxes/import duties that may be applied to your order for your home country of delivery.
Delivery from me to you
This part is essentially identical to previous group orders.
How do I get my coins from Backyard Bullion?
We will send you an invoice which will include the cost of your share of international postage (1.2% of your orders value) and your options for postage from us to you.
Here is a quick guide as to what the onwards postage costs will be - this is subject to change where appropriate and is meant to give you a guide as to the costs of postage only.
Please note that the maximum that you can send via Royal Mail Special delivery for a decent price is 2kg (about 55 oz).
If you would like to order more than this please get in touch to discuss shipping options.
****Please also note that there is NO PRECIOUS METALS INSURANCE on any royal mail service other than Special Delivery****
What happens in the event of an issue with delivery?
We (Backyard Bullion) cannot be held financially responsible for the loss/damage of any items in this group order. The European Mint has insurance for their parcels but I have never had to put a claim in and I do not know how likely it might be that something is refunded should it go missing in transit. There is an intrinsic risk in ordering from any international company but I am confident that we will be able to resolve anything that might happen. Please bear this in mind before joining the order.
It is important to note the above terms and conditions and re-iterate that joining this order is at YOUR OWN RISK. I cannot be held responsible if items are lost/damaged when arriving from the European Mint.
Should there be any issues I will of course endeavour to work with the dealer to solve them, but I cannot guarantee a resolution.
Delivery from me to you is of a postage method of your choosing. As I have mentioned above there is no precious metals insurance for anything other than Royal Mail Special Delivery. In the event an order is missing or damaged any insurance claims will be made by me (Backyard Bullion) and refunds can only be paid upon successful completion and payout from Royal Mail. In the event that a claim by Royal Mail is denied I cannot be held financially responsible.
OUR SERVICE IS FREE - THIS MEANS NOT VAT!!!
It is important to re-iterate that the service that we (Backyard Bullion) are offering is completely free.
This means we will not have to charge you VAT on your shipping costs.
You are more than welcome to make a community donation at any time if you see fit - just let us know if you want to. Any community donations will go a long way to buying a slap up takeaway for Mrs BYB every month!
However, the best way you can support us would be via our Hand Poured Silver.
We still have 1 oz Silver Forum Bars available!
Have you got any questions?
If you have any questions or would like any more information then please don't hesitate to ask here or via PM.
Okay guys just joined the forum mad that i never knew about this before so im gonna go ahead and place an order but really need some help and clarification i you could please.I have my stuff in the basket already so i just go to pay for it (im guessing its best not to use paypal?) and i hope i can use a debit card not sure how to pay really, check add to group order add BYBGROUPORDER in the box and thats if for the website. i then send you the invoice with the postage i want you 1.2% shipping. Also the cut off date for this group order is 22 of september 2019 yes? just want to make sure i get this right as it looks this will be the last time you will be able to do this. Thanks again all the best.
Ps- what postage is the best that insures 45 oz of silver as im think the £12 one is the one i want i just want to make sure that they are insured.
This @BackyardBullion seems to keep being recommended/mentioned an AWFUL LOT!
MUST BE because he is such a damned "GOOD GUY" and MASSIVE representative of the ethos of THE SILVER FORUM!😉
BUT WOT DUZ AYE KNOW!~??
My latest addition to my World of Dragons rounds from @BackyardBullion, along with my first copper one (really nice!) and the 2 Oz version of the first Allegories round from @SilverStan (nice presentation to go with the chunkier round). Then an interesting take on Alice in Wonderland from a Kickstarter I'd got some non-PM rounds from in the past, happy with my decision to go for a silver one this time - some really great details on the white rabbit side in particular (camera's refusing to play nice today though!)