Sales thread etiquette

[Kman]

What's the etiquette for a sales thread

For example if someone posts a coin for £1325 but the exact same thing just sold at auction on Ebay for £990, is it fair to point out there expectations might be a bit excessive currently?

Or is that just rude. 

[HyHy]

Just now, Kman said:

What's the etiquette for a sales thread

For example if someone posts a coin for £1325 but the exact same thing just sold at auction on Ebay for £990, is it fair to point out there expectations might be a bit excessive currently?

Or is that just rude. 

Did you mean the graded  Pistrucci's proof Sovereign? 

I mean to me it doesn't harm notifying the seller as long as it doesn't sounded rude 

[Kman]

Just now, HyHy said:

Did you mean the graded  Pistrucci's proof Sovereign? 

I mean to me it doesn't harm notifying the seller as long as it doesn't sounded rude 

Maybe lol

To be fair I wouldn't be surprised if in a few months that is the going price, but currently seems high. 

[ChrisSilver]

Better to send them a private message rather than bring it up in a topic. Otherwise just looks like you are sabotaging their sales thread. I don't think anyone would object to offers by PM either, as members can just decline the offer.

The listing might also state if they are willing to take offers or if it's a firm price.

Prices of some particular items vary considerably, even amongst sold items on eBay, some sell for higher prices and others lower.

There is also a forum rule somewhere that states no unsolicited comments in sales topics, if you aren't a genuine interested party to the trade don't comment and sabotage their sales thread.

This is just my opinions anyway, I am sure@Morezone and@HelpingHands will comment with their suggestions also

[Silvergun]

Just now, HyHy said:

Did you mean the graded  Pistrucci's proof Sovereign? 

I mean to me it doesn't harm notifying the seller as long as it doesn't sounded rude 

The seller would already know what they sell for on Ebay , so would most other people and most would ignore the post

[Xander]

12 minutes ago, Kman said:

What's the etiquette for a sales thread

For example if someone posts a coin for £1325 but the exact same thing just sold at auction on Ebay for £990, is it fair to point out there expectations might be a bit excessive currently?

Or is that just rude. 

I don't think it's rude at all...they would thank you if it were the other way round.

[daz]

I'm sure most members on here would check prices elsewhere before any purchase so no need to point it out really.

[morezone]

I believe that you should only post on someone's sales thread if you are expressing interest in either a buzz to buy now at the asking price or to make an offer.  Other than that, there should be no reason to post.

If you believe a price is over valued or under valued then you can PM the seller.

If someone offers something for sale which is believed to be under valued I don't think people will deliberately point it out and offer to pay more for it.

At the end of the day, people are free to sell something for whatever price they want.  It could be they bought high and want to get back what they paid.  It could be they want to make a few £ on it.  It could be they wan to sell cheap to get shot ASAP.  It could be any number of reasons for something to be priced at what it is.

Buyers also have different buying habits.  Some don't want to spend time looking for the best price.  Some only want to buy from the UK.  Some don't want to wait.  Some only want to pay using a certain payment method.  All these affect what they consider a reasonable price.  What's a reasonable/good price for one might not be such a good price for another.

 

 

[Kman]

1 hour ago, Silvergun said:

The seller would already know what they sell for on Ebay , so would most other people and most would ignore the post

then why would you add so much on top 

Lets be honest we're all looking for a deal here  

The nice thing about the forum is you can buy and sell without fees, so you can take something off the going Ebay price 

[Paul]

In my few years experience and many successful dealings on the forum here.  

Price gold/silver things fairly in line with a combination of spot price, eBay prices (minus 10-15% commissions) similar items the major trusted dealers have and you will get a sale

For gold if it between spot and 1-2% would item will sell here, since it is cheaper than any comparable dealer source, HGM typically being the yardstick of cheapness with their +3% on most items

Look how @arshimo2012 sells his items, never greedy, always priced fairly, a next day service.  I remember buying gold from him and spot majorly spiked that day and I ended buying for well under spot and he didn't welch on the deal, as some seller may have chose to do for more money. He was good to his word and his rep here.  Things like this have not only got my business, but he also has guaranteed my business ongoing in future

I needed to raise approx £5k last year for some works equipment and did it here via the forum, easily in under 24 hours.  So didnt need to arrange financing or loan through banks because I priced to sell and people trusted my reputation here folk could buy with full confidence

Also do no underestimate what posting of forum content does to elevate you as a seller, post things of value, post experiences and knowledge, go out out of your way to help people for free, It gets rewarded back to you many times in return.  

I have sent silver 1oz tubes to members for free, empty proof sovereign boxes, odd sized single capsules folk needed, offered my precious metals spreadsheet to all who wanted it for free

Come across as an arrogant so and so on or your are just looking to flip for a quick here and you wont be getting a penny of my business.  Sell it via eBay, their none personal in and out checkout policy is perfect to take your capital gains and you wont have the forum tattoo of being a greedy fecka

Lastly, I would say three quarters of folk here on the forum are switched onto values and know how to research what things have sold for via eBay  so if you appear greedy it simply doesn't result in a sale.

[Silvergun]

2 minutes ago, Kman said:

then why would you add so much on top 

Lets be honest we're all looking for a deal here  

The nice thing about the forum is you can buy and sell without fees, so you can take something off the going Ebay price 

then why would you add so much on top  . I have never as yet tried to sell any coins on the forum , but your other sentiments i totally agree with

[whitesands1]

44 minutes ago, Paul said:

In my few years experience and many successful dealings on the forum here.  

Hear, hear, well said @Paul I have bought from you @arshimo2012 and other trusted sellers on the forum.  The coins arrive immediately, they are always exactly as described and you feel that your business is most welcome.  Now contrast that with some of the recent experiences we've all had with "other" suppliers not associated with the forum - you can quite often get a disappointment.  Seems to be the way the world is going.

So I say the forum "For Sale" section works really well and it is a great credit to all the participants - you know who you are!

[Bullionbilly]

Ive listed a couple of items before and have had PM'S to "enlighten" my pricing, i saw it as useful to be honest and took another look at my pricing.

To mirror a few other comments on here, i have sold and bought plenty on here. I feel there is a real sence of community here and feel i Safe when buying or selling knowing its as safe as can be.

[Gav]

This is interesting, I wouldn't have thought of looking here to purchase PM. I don't think it is worth the risk as what recourse would a buyer or seller have. Ebay takes commissions but it is fair for it protects both parties.

Can anyone help me out and understand what gives this forum safety when buying and selling?

[Roy]

Easy. We're British.

[Jimmock]

Trust,with a capital T. 

[Xander]

2 hours ago, Gav said:

This is interesting, I wouldn't have thought of looking here to purchase PM. I don't think it is worth the risk as what recourse would a buyer or seller have. Ebay takes commissions but it is fair for it protects both parties.

Can anyone help me out and understand what gives this forum safety when buying and selling?

I'm new to the forum, however, I feel a sense of camaraderie amongst the guys, which are quite unique.

I wouldn't hesitate to buy something on the forum.

[Gav]

I'm new to the forum, however, I feel a sense of camaraderie amongst the guys, which are quite unique.
I wouldn't hesitate to buy something on the forum.

Thanks Xander, I'm sure that those that have been here for years sort of know each other, but if there aren't any options of recourse, I think I will stick to the platforms that have protection.

This community is a great community but the alias names and no option of recourse would make me feel slightly uncomfortable buying and selling.

[motorbikez]

@Gav Integrity, giving ones word, doing the right thing are all things you can associate with buyers & sellers on here. I have bought & sold many times on here & have never had any grief.

Like any buying or selling medium use your common sense, eg if someone who just joins the site is offering 1oz gold coins & has no feedback here ask them to send the coins 1st before payment, usually if they are genuine they do so.

Please have no fear buying from sellers with feedback they are decent bunch of people.

[Gav]

[mention=3717]Gav[/mention] Integrity, giving ones word, doing the right thing are all things you can associate with buyers & sellers on here. I have bought & sold many times on here & have never had any grief.
Like any buying or selling medium use your common sense, eg if someone who just joins the site is offering 1oz gold coins & has no feedback here ask them to send the coins 1st before payment, usually if they are genuine they do so.
Please have no fear buying from sellers with feedback they are decent bunch of people.

Thanks for that. I will keep that in mind. I see that there is a community here where the guys sort of know each other, my fear is that if a trade goes bad then you really have no action.

Maybe we can think of a method to verify deals. Is there a thread that can be searched for trades and how the buyers and sellers left feedback on their trades?

Also what is the process, does the buyer send the payment first and then wait on the seller to send the product?

Would it be possible to send a video of the boxing of the products with a tracking number and the payment is sent, which then the shipper has the courier ship the products after they have confirmation?

I generally buy from my local broker or APMEX. The only method I currently feel comfortable with for selling, is to my local broker.

[motorbikez]

@Gav If you click on someone's avatar there is a record of their trades both buying & selling, similar to ebay.

Re buying yes you usually send payment 1st.

Re videoing things that would be up to the buyer & seller.

 

[Gav]

[mention=3717]Gav[/mention] If you click on someone's avatar there is a record of their trades both buying & selling, similar to ebay.
Re buying yes you usually send payment 1st.
Re videoing things that would be up to the buyer & seller.
 

Thanks that is useful to know. I will consider this as an option in the future.

Just one last question, is it allowed to list a product on this forum while listing it with eBay and a broker. Then have the ability to pull the listing if the other option sells?

[Augustus1]

well,i hope this forum method of  sales based on trust/reputation  works, I have just bought a coin from the sales forum,  , sent payment by F&F paypal and am awaiting confirmation of item being sent and item arriving here , it was a lot of money for me so I have placed faith in the system, I have also used a similar system in the watch forum I am on in selling and buying and found its a better method of authenticity of the items than buying on e bay with all its protection as its still  possible to be swindled  !

deano

[whitesands1]

This is a particularly GREAT Forum,  We are all very privileged people to have found this Forum and joined.  All nice people - even the arguments are done in a (mostly!!!) gentlemanly way! 

I'd say the system on this Forum works very well.  I can really see no benefit in trying to overcomplicate or to fix something that is working perfectly. 

If you can't do your research and are starting out with a general mistrust of people then buying and selling is not for you.

[Xander]

5 hours ago, Gav said:

Thanks Xander, I'm sure that those that have been here for years sort of know each other, but if there aren't any options of recourse, I think I will stick to the platforms that have protection.

This community is a great community but the alias names and no option of recourse would make me feel slightly uncomfortable buying and selling.

You must do whatever you feel comfortable with, trust your own judgment.