Questions on the process for selling

Discussion in 'Questions & Comments' started by Stedlar, May 11, 2020.

  1. Stedlar

    Stedlar Active Member

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    Hi All

    Been a long time since I posted. I have a quantity of silver to sell in a variety of shapes and sizes. I bought it all a long time ago. I figure selling it slowly here will get the best return and would like some advice.

    How does this sound as an approach?

    I don't want to send anything until I have payment. I have no credibility of course so I figure to start with some small sales and work up from there.
    Buyer pays postage, but not sure what type of postage I should insist on.

    Don't like auctions so will just set prices between dealer buy price and dealer sell price.

    Anything else I should consider?
     
  2. shinymetal

    shinymetal Well-Known Member

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    You'll have trouble getting payment before post as someone with zero selling history.
    I would recommend doing some small payment on delivery sales to well established members, or f2f with local members to build up your rep to start with.
     
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  3. Silverling

    Silverling Well-Known Member Silver Stacker

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    Hi Stedlar, you are the seller so you set the approach so it is up to you as to how much you want to sell at anytime.

    About payment, state in your ad what you stated here. "I have little history but I feel uncomfortable about sending first so I prefer to have payment before sending." But to be honest nearly everyone had to send first in the beginning. When I joined here, I myself had to send 5 x $200 gold coins before payment to a long time trusted member with lots of trades first so it is not an unusual request.

    If you don't like doing auctions, don't do them. It is your goods and you set the terms. Your pricing seems fair.

    About postage, I find simply stating, Postage is your choice and risk. That way you have made it clear that the buyer chooses exactly what they want and the risk they wish to take.

    Sounds like you got it worked out, all the best with your sales.
     
    Last edited: May 11, 2020
    Silverbandit007 likes this.
  4. Jason1

    Jason1 Well-Known Member

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    Do you have any 1kg silver bars maybe 10 ounce? if so I might give you a chance, obviously as long as the price isn't outrageous, if you want send me a PM with your price
     
  5. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    Hi Stedlar,

    Welcome back to the forum! As mentioned above, it is considered etiquette on the forum for a new seller/member with little trade history, to send the items first before payment is received. It’s not a reflection on you, it’s just the tried and tested method for you to have your selling trader history start up and to make further transactions much more simple. Once your history is established and you are of good character, you will then be able to insist on payment first. To start out with, it’s my recommendation that you only sell to members with a 100% buying history. The more recent, the better.

    Regarding selling price, I personally have found that when I price my items between spot price and what dealers are selling a similar item for, they sell fast. Of course, you’re the seller and it’s your right to set whatever price you please. Just my humble opinion.

    If you happen to be located in SE Qld, I would be happy to do a face to face cash transaction in order to get your trader history started.
     
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  6. Silverling

    Silverling Well-Known Member Silver Stacker

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    Just thought I'd mention that a decent photo of your items help too. Then everyone can see clearly what they are buying, cheers.
     
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  7. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    I don't know where you are from Stedlar but I can go escrow for you in Perth for free if you make any sales here. I'm sure ozcopper and ftf members in the past can vouch for me. It's an option if it makes you feel safer with a deal. Good luck with your sales
     
  8. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I’d start with some face to face transactions first.
     
  9. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Im leaning towards facemask to facemask.
     
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  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    I'd happily buy and pay first. Around this time next week I'd put a toe in for anything in the $100 range. Perth address btw.
    I recognize your username as one of good standing and you have over 1000 posts.
     
  11. Stedlar

    Stedlar Active Member

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    Lucky likes this.
  12. Lucky

    Lucky Active Member

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    where abouts are you located for f2f ?
     
  13. Stedlar

    Stedlar Active Member

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    Melbourne, Eastern suburbs
     
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  14. screwedon

    screwedon Member

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    I'm in exactly the same situation wanting to offload a whole lot but pretty nervous about sending stuff. And us poor chaps in melbs no f2f. Or did you just go for it?
     
  15. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Do it at a woolies, if you're pulled up just say you're shopping for essentials.
     
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  16. screwedon

    screwedon Member

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    At what point do you say that its too risky for f2f? 1k 5k
    10k?
     
  17. 66rounds

    66rounds Well-Known Member Silver Stacker

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    I mean in a public place with a friend I wouldn't be worried about <10k
     
  18. screwedon

    screwedon Member

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    Yep I guess its not such a big deal.
     

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