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Topic: 1G SILVER AMERICAN EAGLE - ends 3/4/12 @ 3:00pm EST (Read 2135 times)

full member
Activity: 165
Merit: 100
Your Argument is Irrelephant
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!
sr. member
Activity: 366
Merit: 250
#RIP freemoney
sr. member
Activity: 366
Merit: 250
#RIP freemoney
sr. member
Activity: 284
Merit: 251
legendary
Activity: 1834
Merit: 1020
.43 btc
sr. member
Activity: 284
Merit: 251
* AUCTION ENDING SOON *
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
sr. member
Activity: 284
Merit: 251
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.
legendary
Activity: 1834
Merit: 1020
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
sr. member
Activity: 366
Merit: 250
#RIP freemoney
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
legendary
Activity: 1834
Merit: 1020
You could probably resell a 1g silver round (especially in mint condition) for 300-400%
full member
Activity: 165
Merit: 100
Your Argument is Irrelephant
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.
sr. member
Activity: 366
Merit: 250
#RIP freemoney
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
full member
Activity: 165
Merit: 100
Your Argument is Irrelephant
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
sr. member
Activity: 366
Merit: 250
#RIP freemoney
0.420
legendary
Activity: 2058
Merit: 1431
0.4
hero member
Activity: 854
Merit: 1000
.3 BTC!
legendary
Activity: 873
Merit: 1000
0.2 btc
sr. member
Activity: 406
Merit: 250
0.05 BTC, why not.
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