Author

Topic: 9ct GOLD Bitcoin - Laser Hallmarked - Assay Certified (Read 1276 times)

member
Activity: 76
Merit: 10
Decided to sell just the one of the two I have Wink - http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=261462717804
member
Activity: 76
Merit: 10
Will send you a PM now Wink
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
Initially, I could move down to about £200 / $330.
I could move down further in bulk.

Obviously the price is above spot due to the cost involved in minting / assay.

However the more i sell the cheaper they can be produced.

So how much for 5 ?
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
Initially, I could move down to about £200 / $330.
I could move down further in bulk.

Obviously the price is above spot due to the cost involved in minting / assay.

However the more i sell the cheaper they can be produced.

Yep, getting coins struck in the UK through traditional channels is VERY expensive. I speak from experience.
member
Activity: 76
Merit: 10
Initially, I could move down to about £200 / $330.
I could move down further in bulk.

Obviously the price is above spot due to the cost involved in minting / assay.

However the more i sell the cheaper they can be produced.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
*ugh*

3.375 grams of fine gold content for 380$ ?!

Considering 1330$/oz (31.1 grams) spot price, that minted coin translates into roughly 3500$/oz o.0
Quite a premium for a very basic looking coin, even finest casascius coins (that also contain 1 BTC) effectively come cheaper than this - and are easier to trade due to high-grade gold purity.
375 fine (9ct) is more like an industrial alloy with some gold content, most people wouldn't even call these gold coins for that reason.

May want to reconsider that price IMHO

I like the idea, but the premiums over the gold price are just crazy.

I agree.

I'd buy 5-10 of these if it was like 5-10% over spot.
sr. member
Activity: 252
Merit: 250
Sentinel
*ugh*

3.375 grams of fine gold content for 380$ ?!

Considering 1330$/oz (31.1 grams) spot price, that minted coin translates into roughly 3500$/oz o.0
Quite a premium for a very basic looking coin, even finest casascius coins (that also contain 1 BTC) effectively come cheaper than this - and are easier to trade due to high-grade gold purity.
375 fine (9ct) is more like an industrial alloy with some gold content, most people wouldn't even call these gold coins for that reason.

May want to reconsider that price IMHO

I like the idea, but the premiums over the gold price are just crazy.
member
Activity: 76
Merit: 10
It is a UK Hallmark with the Makers mark: LW. Gold Value 375 9ct and the Sheffield Assay mark.
full member
Activity: 154
Merit: 100
Really tempting Cheesy
what does it say on the small mark?
member
Activity: 76
Merit: 10
I had put this project on the back burner for sometime due to other commitments & have actually had the physical gold coins created for sometime so I have decided to revisit this project to see if anyone would be interested in buying these gold coins.

See Development Thread: https://bitcointalksearch.org/topic/uk-eu-physical-gold-silver-bitcoins-assay-certified-203757


Carat: 9ct
Weight: 9.0 grams
Depth: 1.6mm
Diameter: 25mm

Assay Certified.
Laser Hallmarked.

Price: £230 /  €275 / $380 - 0.636BTC + Postage (BTC price correct as of 20/03/2014)


Sorry about the quality of the pictures, I will be uploading more shortly as these have my grubby finger marks on them!


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