1G SILVER AMERICAN EAGLE - ends 3/4/12 @ 3:00pm EST

jcpham

full member

Activity: 165

Merit: 100

Your Argument is Irrelephant

Quote from: BitcoinMint.US on February 29, 2012, 06:52:35 PM

Quote from: jcpham on February 29, 2012, 06:04:07 PM

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

Spot/melt price on the computer you're reading this on is probably less than $10. Since I'm feeling generous, I will offer 3 BTC for your computer. Let me know if we have a deal.

Now that the auction has ended, I'd like to apologise:

1. for interrupting the auction with nonsense that wasn't a bid.
2. questioning the auction's value in fiat, not bitcoin.

I should've known better on both accounts. I feel ashamed of myself. Everyone should look at what I did as an example of what not to do in an auction thread. Just saying... Grin

Congrats to the winner!

crosby

sr. member

Activity: 366

Merit: 250

#RIP freemoney

Quote from: the joint on March 04, 2012, 03:24:32 PM

Quote from: crosby on March 04, 2012, 03:22:13 PM

Quote from: the joint on March 04, 2012, 02:58:54 PM

.43 btc

sneaky

I'm sorry.

Its all good, worked out best this time. I'll get the next one perhaps.

the joint

legendary

Activity: 1834

Merit: 1020

Quote from: crosby on March 04, 2012, 03:22:13 PM

Quote from: the joint on March 04, 2012, 02:58:54 PM

.43 btc

sneaky

I'm sorry.

crosby

sr. member

Activity: 366

Merit: 250

#RIP freemoney

Quote from: the joint on March 04, 2012, 02:58:54 PM

.43 btc

sneaky

BitcoinMint.US

sr. member

Activity: 284

Merit: 251

Quote from: the joint on March 04, 2012, 02:58:54 PM

.43 btc

WINNER!

the joint

legendary

Activity: 1834

Merit: 1020

.43 btc

BitcoinMint.US

sr. member

Activity: 284

Merit: 251

* AUCTION ENDING SOON *

likuidxd

sr. member

Activity: 476

Merit: 500

Etching a solid value on two highly volatile markets does not work.

1 BTC ≠ $4.85

1g Silver ≠ $1.30

BitcoinMint.US

sr. member

Activity: 284

Merit: 251

Quote from: jcpham on February 29, 2012, 06:04:07 PM

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

Spot/melt price on the computer you're reading this on is probably less than $10. Since I'm feeling generous, I will offer 3 BTC for your computer. Let me know if we have a deal.

the joint

legendary

Activity: 1834

Merit: 1020

Quote from: crosby on February 29, 2012, 06:36:10 PM

Quote from: jcpham on February 29, 2012, 06:17:51 PM

Quote from: crosby on February 29, 2012, 06:14:17 PM

Quote from: jcpham on February 29, 2012, 06:04:07 PM

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

Hydro included in rent = FREE
Hacking neighbourhood Wireless = FREE
Clicking a few clicks, typing 4.20 = FREE

Having silver actually arrive from hundreds of miles away to my door and NOT having to pay with VISA = Priceless

I get it. I was just pointing out where we were in the auction already. Comparing the cost of one item in one currency to its value in another doesn't prove or disprove its value, either.

Local shipping was included with bids. I figured 0.2 for the coin, 0.2 for shipping.. good deal, throw in 0.02 cause im high and excited to win my first silver gram.. sweeet

@ thejoint, 300-400% resale value nice, but im looking to collect for awhile

I say 300-400% because of the minting costs of producing such a small coin. Check ebay out and see what 1g pieces are going for (I'm seeing between $2-$5 depending on the shipping).

And good luck, if I don't outbid you Grin

crosby

sr. member

Activity: 366

Merit: 250

#RIP freemoney

Quote from: jcpham on February 29, 2012, 06:17:51 PM

Quote from: crosby on February 29, 2012, 06:14:17 PM

Quote from: jcpham on February 29, 2012, 06:04:07 PM

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

Hydro included in rent = FREE
Hacking neighbourhood Wireless = FREE
Clicking a few clicks, typing 4.20 = FREE

Having silver actually arrive from hundreds of miles away to my door and NOT having to pay with VISA = Priceless

I get it. I was just pointing out where we were in the auction already. Comparing the cost of one item in one currency to its value in another doesn't prove or disprove its value, either.

Local shipping was included with bids. I figured 0.2 for the coin, 0.2 for shipping.. good deal, throw in 0.02 cause im high and excited to win my first silver gram.. sweeet

@ thejoint, 300-400% resale value nice, but im looking to collect for awhile

the joint

legendary

Activity: 1834

Merit: 1020

You could probably resell a 1g silver round (especially in mint condition) for 300-400%

jcpham

full member

Activity: 165

Merit: 100

Your Argument is Irrelephant

Quote from: crosby on February 29, 2012, 06:14:17 PM

Quote from: jcpham on February 29, 2012, 06:04:07 PM

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

Hydro included in rent = FREE
Hacking neighbourhood Wireless = FREE
Clicking a few clicks, typing 4.20 = FREE

Having silver actually arrive from hundreds of miles away to my door and NOT having to pay with VISA = Priceless

I get it. I was just pointing out where we were in the auction already. Comparing the cost of one item in one currency to its value in another doesn't prove or disprove its value, either.

crosby

sr. member

Activity: 366

Merit: 250

#RIP freemoney

Quote from: jcpham on February 29, 2012, 06:04:07 PM

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

Hydro included in rent = FREE
Hacking neighbourhood Wireless = FREE
Clicking a few clicks, typing 4.20 = FREE

Having silver actually arrive from hundreds of miles away to my door and NOT having to pay with VISA = Priceless

jcpham

full member

Activity: 165

Merit: 100

Your Argument is Irrelephant

Quote from: crosby on February 28, 2012, 10:22:51 PM

0.420

spot/melt price on 1 gram of silver is about $1 US - a little more.

.420 x 4.85 (current market) = $2.037

The last bid was ~200% market value. Huh

crosby

sr. member

Activity: 366

Merit: 250

#RIP freemoney

0.420

grue

legendary

Activity: 2058

Merit: 1452

0.4

danieldaniel

hero member

Activity: 854

Merit: 1000

.3 BTC!

koin

legendary

Activity: 873

Merit: 1000

0.2 btc

Eveofwar

sr. member

Activity: 406

Merit: 250

0.05 BTC, why not.

Topic: 1G SILVER AMERICAN EAGLE - ends 3/4/12 @ 3:00pm EST (Read 2176 times)