Why Newbies Need to do their Research

[Pete]

To all newbies joining the addictive silver forum spend some time doing your research before diving in and assuming you get the best bargains on eBay.

Here is a screen shot of some bullion silver Kangaroos spotted today on eBay.
This seller is a real chancer praying on the ill-informed as all of these coins can be picked up elsewhere for about £20 or close.
I am a Roo collector so always looking out for decent priced coins but this is really taking the p*ss.

 

[AppleZippoandMetronome]

You get this with everything on eBay though...  not just coins. I sell for a living on eBay and even within what I sell (in no way related to coins, silver, etc) you get the chancers that list everything for 5 times its actual value.

I agree though that people do need to educate themselves before shopping on ebay because as much as there are over priced items there are also a lot of fakes. That being said once you know what you are looking for there are some bargains to be had on there. I've had a good week this week getting some under spot Canadian Voyageur dollars and some very cheap 1oz silver proofs.

[mr-dead]

and thats if your lucky and what turns up is actually silver or gold from ebay.

Newbies should stick to trusted dealers to get a feel for the real thing to start before bargain hunting.

[TonyS]

I have one guy I’ll deal with on E-Bay, to the point I’ve bought coins before he’s listed them. He’s honest with me and I am with him.

Otherwise I deal with Atkinson’s.

Caveat emptor.

[Wackattak924]

I gave up on buying silver on eBay after 3 purchases. People seem to use it to sell their tarnished and spotted coins. Had a Perth mint dragon bar that was just one big milk spot and a Germania that had a massive spot in the middle. Neither of these defects were shown in the photos or mentioned in the post. Its the risk you take 

[Bullionbilly]

8 minutes ago, Wackattak924 said:

I gave up on buying silver on eBay after 3 purchases. People seem to use it to sell their tarnished and spotted coins. Had a Perth mint dragon bar that was just one big milk spot and a Germania that had a massive spot in the middle. Neither of these defects were shown in the photos or mentioned in the post. Its the risk you take 

Did you send them back ? Not as per picture.

[AppleZippoandMetronome]

17 minutes ago, Bullionbilly said:

Did you send them back ? Not as per picture.

Yeah, this. If they are not as described send them back

[Wackattak924]

2 hours ago, Bullionbilly said:

Did you send them back ? Not as per picture.

No I negotiated partial refund on the dragon bar and didn't bother with the Germania. It has definitely put me off eBay for silver though. 

[Kookaburracollector]

Just got another newbie.. Joined 10 mins ago and wants to sell a £4K coin straight away.

Is there a template anywhere which we can copy paste into the sale item advising what to do...this happens soooo many times.

[bored]

1 minute ago, Kookaburracollector said:

Just got another newbie.. Joined 10 mins ago and wants to sell a £4K sov straight away.

Is there a template anywhere which we can copy paste into the sale item advising what to do...this happens soooo many times.

and a 6k coin I noticed

[h103efa]

2 minutes ago, Kookaburracollector said:

Just got another newbie.. Joined 10 mins ago and wants to sell a £4K sov straight away.

Is there a template anywhere which we can copy paste into the sale item advising what to do...this happens soooo many times.

I just saw this thinking the same. 

Not even an introduction or anything straight to the buy & sell. 

[blackadder]

Sometimes i feel like listing stuff at insane prices,after selling and posting and all the messing around to make £10 I've thought lots of times,would have been better to just bin the item 😂

[Kookaburracollector]

This was discussed on another thread last week..I suggested that newbies should earn the right to sell/buy by accumulating community reputation points first...Too tired tonight to expend any energy on this one...

[h103efa]

3 minutes ago, Kookaburracollector said:

This was discussed on another thread last week..I suggested that newbies should earn the right to sell/buy by accumulating community reputation points first...Too tired tonight to expend any energy on this one...

Agree. 

I remember just before Xmas there was an influx of new members, listing items. Comments about the issues of first time selling etc. No sign of some of these members now. It's like TSF was mentioned elsewhere as a good trading place and people thought they would have a go! 

Sorry for possible off thread title comments. 

[Kookaburracollector]

Looks like BYB  and Abyss sorting this one out...👍👍

 

[Alymac]

You see this on eBay and also Amazon Marketplace - people selling items at prices which are clearly highly excessive and sometimes at near stupid levels - I have wondered if it is for money laundering purposes.

[STONE]

On most of the other forums I am on there is a minimum post count you have to have before you can buy and sell there. 25-50 posts should be a minimum.

[Michal]

As long as there it demand there will be supply. You can't forbid someone form buying overpriced things. That reminds me story of chair sold on ebay like 100x more then its value and guy was still happy with purchasing it.

[ScroogeMcDuck]

I always remember someone buying a picture of a xbox console for double the price of an actual console.

But i digress. Yes im new. And thats why im trading a few 50p and £2 doubles at the mo to build trust between me and other members. 

I wouldnt wanna part with lots of silver and gold with people i dont know and have no reputation

[shortstack68]

8 hours ago, ScroogeMcDuck said:

 

I wouldnt wanna part with lots of silver and gold with people i dont know and have no reputation

But you wouldn’t be parting with anything until you were paid, no one sends anything out until the cash hits the bank account.

[Michal]

Well if you realy wonder about this matter it all about trust in any transaction not only here but in general. As I speak with sellers they always claim reputation is most important and they prefer to take lost than harm on their good name.

[orion]

It is their free choice to list for whatever they want on eBay....just don’t buy it

[Poweredbypies]

I'm a noob to it all, but tbh I'm not really bothered so much about marks and such as long as it is silver and it weighs what it should I'd be happy. 

[JinKesef]

You should see the sold and completed item list, horrifying