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Let the buyer beware.

(37 Posts)
biglouis Thu 04-Jul-24 12:36:34

Lets say you buy a mixed bag of apparently junk jewellery from Ebay, an auction or a car boot sale. You pick out a couple of decent looking rings, take them to a jeweller and ask if he would like to buy them.

The jeweller offers you £500 for what appears to be a mans gold signet ring. The only question he asks is are you legally entitled to sell this property. You tell him yes. You accept the offer.

A few days later he contacts you via text to tell you that the ring is only heavily plated, not gold, and he wants his money back.

I would tell him that he made me an offer based on his professional opinion and I accepted. I did not misrepresent the goods in any way or guarantee that it was gold. So it’s a done deal. Then I would block him.

What would you do?

hallgreenmiss Mon 08-Jul-24 06:41:19

HousePlantQueen

Let's turn this around: If the jeweller had told you the ring in question was only heavy gold plate, not gold, and he subsequently 'discovered' it was 24carat gold, what are the chances of him contacting you and offering to pay you more than he did?

There's your answer!

Quite!

Mojack26 Sun 07-Jul-24 16:51:32

He should have examined it before he made offer,in my opinion. He bought it. His mistake. As far as I can see he dies not have a leg to stand on.

Greciangirl Sun 07-Jul-24 16:26:33

I sold some gold Jewellery to a reputable jewellery shop some time ago.
They examined closely with a magnifying glass to ascertain the correct carats.

Why didn’t your dealer do that, I wonder.

It seems he is at fault here.

HousePlantQueen Sun 07-Jul-24 14:47:12

Tizliz

i was just writing this, almost exactly the same and it failed to send. is gransnet getting clever?

spooky!!

undines Sun 07-Jul-24 14:45:01

Definitely caveat emptor. And the jeweller is the 'expert', not you. He offered you that sum, how are you to know whether at this point he has decided he paid more than he can afford/funds running low this month so decides to try to claw some money back from someone who is less knowledgable - ie you, the original seller. One outcome could be that he ends up with a valuable ring for £50, instead of £500. He should not expect any of his valuations to be taken seriously if he's going to mess around like that!

Tizliz Sun 07-Jul-24 14:26:04

i was just writing this, almost exactly the same and it failed to send. is gransnet getting clever?

HousePlantQueen Sun 07-Jul-24 14:17:10

Let's turn this around: If the jeweller had told you the ring in question was only heavy gold plate, not gold, and he subsequently 'discovered' it was 24carat gold, what are the chances of him contacting you and offering to pay you more than he did?

There's your answer!

rocketstop Sun 07-Jul-24 14:05:17

I'd do the same and keep the money.Nobody had tried to defraud the jeweller, he shouldn't have given the money if he had yet to verify the authenticity of the object.

JadeOlivia Sun 07-Jul-24 13:57:25

If you had already spent the money on buying other items/ a plane ticket/paying your electricity bill ....how would/ could you give it back anyway? It was his mistake, not yours caveat emptor for me too.

4allweknow Sun 07-Jul-24 11:40:52

The person was no jeweller ic he paid a price for gold when it wasn't. Modern gold has stamping showing category and country of origin. If even older, there is a test to find if gold or not. He bought it and decided it was gold. Unless you led him to believe otherwise, his mistake.

Bumface Fri 05-Jul-24 14:28:47

Sorry biglouis I didn't mean to highjack your chat with all this spoon stuff.sad

mabon1 Fri 05-Jul-24 14:14:06

caveat emptor

Bumface Fri 05-Jul-24 14:09:05

I sold the spoon, at a small profit, at an antiques fair. The buyer was a collector and was allowed to handle and examine the spoon, apparently it was unusual. I do sell EPNS items occasionally but I always label items clearly giving details of any marks. I would advise buyers to be very sure, when buying online that they know what they are buying, don't rely on the seller's description. If they are buying 'live' the same thing applies and they have the added advantage of being able to handle the item. Don't let sellers bully you or prevent you examining items before you buy. I hope these comments are helpful.

Germanshepherdsmum Fri 05-Jul-24 13:25:27

None of us is, we all make mistakes. But you said the spoon was pretty so I hope it gives you pleasure. That’s more important than what it’s made of.

Bumface Fri 05-Jul-24 12:49:39

I know, I shoulda, coulda. This was some years ago, not only am I older and wiser (I hope) but back then I had only dealt online with reputable auction sites. As I said in a previous post, I should have known better. Some of us are not perfect.

Germanshepherdsmum Fri 05-Jul-24 12:34:43

People can ask a question of the seller on eBay, I’ve done it myself. The seller of the spoon could have been asked for a photo of the hallmark.

biglouis Fri 05-Jul-24 12:19:26

Ebay allow upto 24 pictures so there is no excuse for not showing all sides of the item. With a spoon I would include not only back and front (with close ups of any hallmarks or special features etc) but also a side on view to show if there were any dings or bending. Taking photos for online sales is an art form in itself. Most of the pictures on Ebay are dire. People take them with their phones and dont bother to even crop them, let alone edit them.

Bumface Fri 05-Jul-24 09:05:29

Germanshepherdsmum

EPNS is not a hallmark. I’m glad to hear that eBay have tightened up their rules. You should have been entitled to a refund as the spoon was not hallmarked silver.

I know EPNS is not a hallmark, I have been buying and selling silver flatware for years. I also know that I should have known better than to buy an item without making sure it bore a proper hallmark.
The fact that it was listed as hallmarked on e-bay threw me. I probably could have insisted on a refund but I felt a bit of a fool for not having checked properly.

Chestnut Thu 04-Jul-24 23:56:13

Georgesgran

Funnily enough I’ve just spoken to a lady who contacted Vintage Cash Cow, prior to a house move. She said they were very ‘picky’ over what they’d take and told her what to put in the box! It was one watch, one camera, one piece of silver etc. She was told that the boxes are then sold on, still sealed, a bit like storage hunters on tv.
She’s dropped her stuff off at a local auction house instead.

That's not how it works. There is no prior discussion about what goes in the box. They send you a label and you pack and send the box. They then unpack it, look through the items and make you an offer. You don't have to accept it. It's just an easy way to dispose of lots of random items instead of selling them on E-Bay or donating them.

It's all here:
www.vintagecashcow.co.uk/how-it-works

Germanshepherdsmum Thu 04-Jul-24 18:39:14

EPNS is not a hallmark. I’m glad to hear that eBay have tightened up their rules. You should have been entitled to a refund as the spoon was not hallmarked silver.

Bumface Thu 04-Jul-24 18:32:48

I bought a very pretty spoon on e-bay and it was described as hallmarked silver. When I received it I found that the only marks on it were the letters EPNS (Electroplated Nickel Silver).
I contacted the seller and he said that EPNS was a hallmark. I contacted e-bay and they said that, as the spoon was only pictured from one side and no details of the hallmark (place and year of manufacture) were given, the seller did not have
to offer a refund. They have since tightened up their policies in favour of the buyer thank goodness.

Germanshepherdsmum Thu 04-Jul-24 17:55:05

Look again at the Repair heading - items may be dismantled.

I don’t trust that wording. Take heed of what Georgesgran says.

Georgesgran Thu 04-Jul-24 17:48:06

Funnily enough I’ve just spoken to a lady who contacted Vintage Cash Cow, prior to a house move. She said they were very ‘picky’ over what they’d take and told her what to put in the box! It was one watch, one camera, one piece of silver etc. She was told that the boxes are then sold on, still sealed, a bit like storage hunters on tv.
She’s dropped her stuff off at a local auction house instead.

Chestnut Thu 04-Jul-24 17:36:58

Aha ha! I looked at their website and found this. So they don't just throw all the less valuable items out.

Chestnut Thu 04-Jul-24 17:09:07

biglouis I am about to send some items to Vintage Cash Cow as they take anything old. What puzzles me is what they do with all this stuff. They take old cameras and all sorts, I can't imagine they pick out a few valuables and take the rest to landfill, but what else can they do? Maybe I'll ask them