Anyone sold to Baird & Co before (3 weeks and still waiting for $)

Discussion in 'Gold' started by Parrots, May 28, 2013.

  1. 2003dve

    2003dve New Member

    Joined:
    Feb 4, 2011
    Messages:
    195
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    UK

    If you do get your metal back, just get up to Atkinsons and do the deal. Do not post them, if you dont drive get a good friend to drive you up there, cant cost more than 60 in petrol.

    Ring first and discuss with them the issues you've had and make sure they can do a cash deal there and then. Personally I'd sell enough to keep under the 10k limit transaction, but thats your choice.

    Again good luck, please keep the thread informed :cool:
     
  2. volrathy

    volrathy Active Member

    Joined:
    Oct 29, 2012
    Messages:
    1,004
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Blue Haven NSW
    imo they dont have the cash and they are trying to sell the bars before giving you the money
     
  3. Scorpion75

    Scorpion75 New Member

    Joined:
    Sep 8, 2011
    Messages:
    387
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Western Australia
    Speak to the police and your lawyer now.

    I can tell you now if that happend to me, lawyers and police would be the least of there problems.

    Do not wait for a week. Act now.


    Scorp
     
  4. Parrots

    Parrots New Member

    Joined:
    Feb 5, 2013
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    London UK
    Thanks for everyones help.

    I did call the police on Wednesday and they called me back yesterday/Friday to say that they have emailed the company and left them a message.

    Later in the afternoon the money was in my account.

    Thank you for everyones help and advice.
     
  5. Parrots

    Parrots New Member

    Joined:
    Feb 5, 2013
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    London UK
    All my metals are bought from dealers and i keep the receipts for anything of value and did offer to send them a copy of the receipts.
     
  6. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    I'm happy it worked out for you, next time remember big company's dont always play nice either
     
  7. scone

    scone Active Member Silver Stacker

    Joined:
    Mar 15, 2012
    Messages:
    1,569
    Likes Received:
    23
    Trophy Points:
    38
    Location:
    Tassie
    I was quite worried for you Parrots. Happy to see you got a good result
     
  8. Parrots

    Parrots New Member

    Joined:
    Feb 5, 2013
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    London UK
    Thank you everyone.

    Guess i was silly to have thought it would be problem free selling to a larger and more well known company but i was wrong. Never again.

    It did work out good for me though as i will actually be able to buy the exact same amount of gold that i sold in coins and another half ounce on top with the current dip. So they made me 1/2oz of free gold. :) So there is a bright side to it.
     
  9. Matthew 26:14

    Matthew 26:14 New Member

    Joined:
    Sep 3, 2010
    Messages:
    3,305
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Victoria
    Make sure you contact the Police to cancel the complaint and to thank them for their swift action. Always good to know the police will act pretty quickly in these things and their swift contact with the dealer probably was the catalyst for them to finally pay up.
     
  10. Bigfella

    Bigfella Well-Known Member Silver Stacker

    Joined:
    May 4, 2013
    Messages:
    2,480
    Likes Received:
    1,486
    Trophy Points:
    113
    Location:
    Australia
    In My opion and experiance the bigger the firm the more chance they will rip the little guy off as they have more Money and inturn power if it goes to a legal isue and you will allways loose out if goes legal.
    I lost $5M in a business deal with a huge firm but they had deeper pockets with the legal side and I just ended up walking away.

    Push them and keep on it while it is fresh, the longer it goes the more chance is you will never see your $14K again.
    Sorry.
     
  11. Photonaware

    Photonaware Active Member

    Joined:
    Nov 9, 2010
    Messages:
    1,125
    Likes Received:
    4
    Trophy Points:
    36
    Location:
    The Shires in England
    Glad you got your money in the end.
    If I was you I would be writing to the Managing Director requesting a full explanation for the delay in settling payment and also demanding compensation at least of interest say 5% p.a. AER for the period they held your money, not to mention stress, worry, inconvenience etc. and wasting police time. Give them a bit of shit to chew over for a change ! Assuming they provided no explanation for their delays you ought to make a claim of sorts.
     
  12. RT

    RT New Member

    Joined:
    May 20, 2013
    Messages:
    195
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    So there was no police involvement as they claimed to begin with?

    Did you ask the police if there was an outstanding matter as the company had advised you? Or it was all straight BS from the start?

    Would be interesting to know for sure if this company had pulled this on a customer.

    Do you know if they also offer storage of customers PM's? If so, Im sure customers would be very interested in your experiance with them and that they may default on delivery of stored PM in the future if their willing to pull this tricks just on a transaction.

    Glad it all worked out for the best this time but the price could have moved the other way in the delay and hurt you just as easy.

    Poor handeling for this company!
     
  13. dune

    dune New Member

    Joined:
    Jun 14, 2013
    Messages:
    25
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United Kingdom
    I've bought from bairds before but i will be buying elsewhere from now on
    Glad you got sorted in the end
    Good advice to sell under 10k's worth at a time
     
  14. dune

    dune New Member

    Joined:
    Jun 14, 2013
    Messages:
    25
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United Kingdom
    They do offer storage in the form of grains. They will also make these grains into bars for you at a price

    If you don't hold it you don't own it as far as i am concerned
     

Share This Page