Topic: 1 gram .999 fine silver "bitcoin" rounds *********type 2*********** - page 14. (Read 56167 times)

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See top of thread for current availability

Loving in the images <3

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looking forward to these being avail... Just so I can own a silver bitcoin round or 10 even if its just 1g in size

Please insert wallet.dat.

Cheers,
Kermee

pic is photoshopped, yes?   Or is that a real bitcoin atm?

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See top of thread for availability , pricing , ordering..

I think its fantastic another Bit coin service. Esb being in the uk.

are you planning to offer other silver coins as well. eagles and stuff ?

Hi there .... Good points , yes the pics here do no more really than drum up a little interest. There is a Market for the 1 gram silver rounds here in the uk.

1 gram .999 silver round size = 15mm by 0.75

Keeping in mind silver bullion in the uk is taxed 20% , the premium on a 1oz .999 silver round here is around 40% over spot. The premium on a 1 gram round is roughly 105%. this premium you pay when you buy and get back when you sell.

Is it a silly idea to buy 1 gram of silver? The buyer decides. Similar to buying 100 1oz rounds rather than a 100oz bar . Paying the premium And having 31 1 gram rounds rather than a 1oz round allows a person to sell a small portion off at a time. Which may be of use if the price reaches the heady hights investors expect/hope.

Why 1 gram? , simply comes down to cost , I can have 1000 of these produced for a relatively small amount of money , in comparison to a minimum order of say 500 1oz rounds which would cost in the region of £15.000 .

 I heard about bitcoin via the silver u-tube community, where it caused quite a stir with both positive and negative reactions . I myself quite like bitcoin , I'm still looking at ways to implement a bitcoin cart into my site. (struggling with that at the moment-zero programming knowledge:-)

1 gram silver bitcoin? It's a take it or leave it art round , simply a vehicle to carry the value of the silver , a bit of fun , talking point , it may help promote bitcoin within the silver bullion community , it will not change the world I'm afraid. you could by one and drill a tiny hole in it and hang it on a chain . You could buy 500 of them with your bitcoins and save them for a rainy day.

If it's not for you I quite understand , I have broad shoulders and won't be offended , the price when I offer them will be the price ,the premium the premium ,it will include the silver , the die fees , the transportation costs the labour costs to produce them , my profit (I need to make a small one) .

Mick

If it was half as think, probably not half as round.

People do buy smaller amounts of silver.  5 grain bars.  Not that I would.  But there's apparently some market.

Would you buy a coin less than half the size of a dime?

I imagine its probably the difference between investing $150 bucks of silver for 100 1 gram coins, and $4000 buck of silver for 100 1 oz coins.

I am hoping that if these sell out and the OP sees there's a valid market, he will consider making bigger coins.

Out of curiousity, why bother making 1 gram rounds?  The markup on those has got to be unbelievable, relative to the amount of metal you're actually getting.  Do these have any special qualities, or any tie to bitcoin besides you've used the branding?  Also a to-scale picture might help, as its likely not everyone understands quite how small this item will be....

 *baffled by the premium/size thing*

So a US dime is 2.5 grams and 90% silver, which means that by the silver content alone (2.25 grams), the coins you're offering here will be 44% the size of a US dime....

See top of thread for availability / pricing / ordering ,reservation details

I'm hoping to price these somewhere between £1.45 - £1.60 , please keep in mind that this includes uk vat of 20%.

nice!

I'd like to know what will the premium be for such a small coin