Gold Coin

[bobsbits123]

I recently listed a Gold Coin, value approximately £1500, I would have sent it Royal Mail Special Delivery

so far so good, but it crossed my mind, what if the guy said I sent a 2p piece and he wants a refund, sends back a 2p piece and demands a 

[plpmr]

it could happen and there's very little you can do about it.

[lucy_farmer]

The old saying   'don't put anything on ebay that you can't afford to lose' still holds true......

[kyanyama]

No ways I would try and sell a gold coin on here!  You are much braver than me!

Easy for a dishonest buyer to do exactly what you are worried about.  Better to find a bullion dealer in your area and take it personally.  They will do a test to check quality and give you the money into your bank a/c.  Might not be as much as as selling on here - but much safer.

Don't sell anything on this platform you can't afford to lose.  Even collection is fraught with problems as the only safe way to sell such an item is cash on collection once inspected but this platform has removed that possibility so you are still stuck with a buyer stating NAD even after inspecting and collecting as eBay can access your funds.

Every day is a school day!

[dancewithadingo]

Good Evening Bob

It's a tad late now as you sold the coin on saturday. If you haven't sent it yet then you have to decide if you wish to proceed or choose to refund the buyer and explain and face the consequences.

If you have sent it then there is nothing to stop your buyer sending back anything other than the gold coin. Selling high value items you are exposing yourself to scammers, You may have let the sight of pound notes cloud your judgement.  

Selling anything is fraught with dangers and possible problems. Stick to low value items, that should anything go wrong with the sale you will not be vastly out of pocket.

Sell your gold locally to a bullion dealer. Keep it for a few years until the gold price rises and you show a handsome return. Alternatively wait until Dickinson's Real Deal comes to your area and take it to the show and sell it risk and commission free to a dealer. I did. A worthwhile and rewarding experience.