Topic: [ANN]Crypto Imperator "Anniversary" coin 2 Troy Oz. .999 Fine silver (Read 2055 times)

that's one beautiful coin 

auction han!

Auction is up: https://bitcointalksearch.org/topic/auctioncrypto-imperator-anniversary-coin-2-troy-oz-999-fine-silver-10-made-1661502

Very nice coin. My initial reaction to the coin is that the premium would be lower then $450, although I am clearly wrong based on the fact that 90% of the inventory of the coin was sold at that price without even listing the coin for sale publicly. 

The OP is not running a charity, and at the end of the day, his goal is to turn a profit for his business dealings. The OP will try to set the price for his coin so that he will maximize his profit -- if his price is too high then not many people will want to buy his coin, if his price is too low, then he is giving up potential profits when his coins sell very quickly.

Thanks @SaltySpitoon for cleaning the thread, please, lets avoid fighting about personal issues here.

We hope than the main issue is now settled and resolved (to a certain point), if you have any concern please don't hesitate to PM/email us or post here.

@minerjones, your reaction is perfectly understandable, no hard feelings towards you or anyone else who posted his thoughts

Regarding the coin auction, it will be posted, per popular request, during this week.

Also curious about when the auction for the last remaining coin will be.

Interesting to see how that goes. 

All personal vs personal comments have been removed. Please keep conversation to topics related to the OP. I didn't touch anything that referenced CI, their product, or their decisions. Nor did I touch anything that responded to those replies either. Personal attacks aren't really necessary. If you have opinions on someone else's opinion about something thread related, thats fine.

Its unfair to clutter CI's thread with personal stuff. Fight it out via PM or in a thread you own if you would like.

thenewanon's post is wayyyyy too appropriate to delete. Its a little spammy, but it poses no risk of dragging the topic offtopic, so I'm leaving it.

I like how the coin looks, I'm not as happy about the price though, but as it is exclusive I can understand production costs increasing. I would have liked to see perhaps closed auctions for previous customers as a better way to distribute this one but each to their own.

Can't we all just be friends?

No need to bash each other, but voicing opinions should always be fine, especially on this forum. As there is a lot of talks about free markets etc. It should go both ways, not only for the sellers.

Now, you might have stated this already CI but when will the auction for the 10th coin be held?

I found your comment to be positive and correct... I don't think it's a negative comment at all.  My knowledge of dies and their costs is from Morgan dollars and  modern coins from US Mint.  I don't know what CI paid, but your point is valid:  dies are very expensive!  it depends how he has them made and where etc...

I dont think that my post was all that negative, short of saying that it probably wasn't a wise business decision, mainly because I don't care. I'm just curious as to how you are getting dollar figures for custom dies since you have both made a point of correcting my figure to further your point. Its about $300 to have a single steel die made. If they were having more made, the price would go down, not up. I've only been in contact with a handful of die makers, probably five or so, and my approximation was just that. (note that all of my figures had ~)

My point was that it is expensive to have limited batches of coins done, the premium is absurd (in my opinion), but thats for the customers to decide. Obviously, if they are priced "too high" people won't buy them, the fact that 9 of 10 of them have sold seems to mean that people are willing to pay $450 for the CI 2 Oz Anniversary coin.

I was just mildly interested in seeing how people would react to CI's decision, but it just looks like personal stuff going on now. Thats pretty lame, leave the thread for people who actually want to comment in one way or another.



*edit* In the time I spent writing this post, more fights between members has broken out. If you don't want your spam deleted, I'd recommend deleting it yourself. I'll happily clean this thread up for CI in a few minutes, but I figured I'd give you guys a chance to fix it yourself.

yeah @canaryinthemine : i totally 100% agree with you.
about minerjone too ....  cool to recognise and to apologise...

and about the die for a so limited run : minimum 750 $ ...

I know what I talking about..  not as few trolls here who are just here to try spreading hate all over this forum, just to increase their "power position" .

and about the "coincouncil" members ...   I have few interesting logs ..

This temper tantrum being thrown at CI is ridiculous.  He is free to create what he wants and to offer/sell in any manner he chooses.

How many of you, throwing stones from your glass houses here, declined ANY non-CI offers and access to early releases, low serials, or ANY other special access/offer and instead told the maker to do it in a way you now claim it should have been done?  None!  So stop with this hypocrisy!

I understand that you are upset that you were not contacted and offered this coin.  So, please keep your words and don't bid on the 10th.  I'll be happy to bid on it so that I can buy it.  Please don't use your second accounts either to bid with, nor should you make any new accounts.  Keep your word please

To those 9 who got this offered from CI, please show your support and contact CI privately if you don't wish to post here.  CI doesn't deserve this terrible treatment.  CI should be able to make his products and offer them as he chooses freely.  The potential buyers can choose to buy or not.

To the kids who didn't get the candy: grow up and get over it.

Why does the current group that feels special and privileged think that manufacturers should only think of you when offering limited products?  The world does not revolve around you forever.  Don't be so stingy.  CI or any other manufacturer is free to offer their limited releases to anyone they want to.



The story is verified now obviously, since people just posted that they received it or declined it.  
I do understand that there may be concern about a potentially hacked account and maybe a possible scam to be pulled off, but now that it is verified, you should really reconsider your negative ding.  It is inappropriate and an absolute abuse of your position.  May be your feedback should be corrected to specifically state that YOU can't afford the premium and YOU were not offered one and therefore YOU are upset.  Be honest instead of being presumptuous and pretend to know what is appropriate to do and how CI should run his business.

It is not up to you nor is it your business to decide what a "correct" premium should be.  Maybe CI want's to make some money, so what? it's a free market.  but more likely than not, he needs to get the gold coin right and needs to use this silver run as a test and maybe even to spread the costs.  He probably tied up his life savings or a Yuge portion of capital in producing the gold coin.  If anything goes wrong, he will lose his shirt.  The risk on a small production to be minted is insane!  and things do go wrong often.   Or maybe he just wants to do it to just offer it to 10 people because he wants to.  He doesn't need your approval on how to do it and how much to charge.  He's a smart business man to rewards his customers.  I do, totally understand, that it sucks to feel left out, but please, grow up and act like an adult.   Many of us here have felt left out from other non-CI offerings, but we do not ding the maker with a negative feedback in retaliation.  This is disgraceful on your part.


Absurd because YOU think it is.  Obviously it sold, so the premium lines up with what people are willing to pay.  the problem is that you feel left out and/or maybe you can't afford this premium.  This does not give you the right to do what you did.  Blackmailing is not cool.
You recently joined the slack group for coin collectors and now you claim to be THE council?  You personally do not speak for everyone.

Understandable because it sucks to be excluded.  But such as life.  It's better to support a coin maker than to throw entitled fits of rage when you don't get the piece of candy.  Most collectors here, yourself included, do not throw ridiculous fits of rage.

Now, here is someone who is an adult.  

I suspect that the dies are more expensive than that because there's probably 1 or 2 sets at most.  Limited number of dies will cost an arm and a leg wrt a limited strike.  The blanks ordered in small quantities are also super expensive etc... etc...   Bottom line is that low production runs for precious metal coins are insanely expensive.

CryptoImperator,  Please ignore these ridiculous temper tantrums and keep doing what you are doing.  I hope you have gotten some PMs from others who don't want to post here but support you 100%.

-edited grammar/spelling

at least,  here's a polite and normal way to tell it... much appreciated..
Thanx for this .....       .....       digicoinuser........

I was offered one and it looks like a nice coin, but I decided against it due to price / funding requirements.  Crypto Imperator can create/sell their coins any way they would like and I was appreciative that I received an offer for one via PM.

why a bad move ? cause  you were not ( and few others) counted  in these  "premium or much valuables " customers ?


once again... this is only based on your false opinion. why dont you talk only about you what know ( or even be sure about.. )

Something to consider is that since only 10 coins were made, the cost of having the dies made and design fees are only split between 10 coins rather than that of a larger batch.

20 Oz of silver + Minting charge ~ $450
Dies ~ $500
Paying whoever designed the coin ~ ?$
Shipping
Premium added

Total cost/10 makes them expensive to begin with. The market being exactly what it is, its not a huge deal that you were willing to find someone uhh... gullible enough to pay $450. But the stealth sale to premium customers, as you have seen from others comments was probably not the greatest move. Perhaps next time, if you want to give premium customers a perk without getting the masses up in arms with their pitch forks, maybe tell them about the coins before they come out or maybe offer them priority pick of which they want, but saying "Hey look at what I made, you can't have any" is kind of meh.

Not that I don't understand, if I had to take a guess, I'd say this limited batch of premium coins was your way of covering the expenses of having the new holograms made. I just got quoted $5k for the ones I'm trying to design.

this is NOT your problem Lauda..  you're NOT btctlk god.

+ 1

I agree with Blazed.  You really can't hold someones feet to the fire for things they didn't say or haven't promised.  
  
For the record I bought a gold doge and I was not offered one of these coins nor am I offended.   

“Years of love have been forgot, In the hatred of a minute.”
Edgar Allan Poe

- More than two years since the first coin was released
- 1.170 Coins minted (10 more on the way)
- 7 series, four in Silver and one in gold (another on the way)
- 2 different holograms
- 150+ customers

Very sad to see that after all that, there is such an aggressive feeling towards Crypto Imperator, we try our best to make customers happy. We admit our error, but reading some of the messages on the thread kills our illusion to continue to deliver coins to the community.

We were not expecting such amount of grief to occur from this incident.

@minerjones

Sad to see that our good relationship has been broken this way, it was a pleasure collaborating with you as coin receptor and raffles.
As you know, this is not the first, but third time we've privately offered coins to previous customers, the variables we use to determine the offerings are different every time, and take a lot of data into account. Not the first 10 customers as you say.
Would your reaction had been the same if we had offered you a coin?

Quick money grab, why? Our interest is to maintain a long relationship with customers  Making more coins is always much more profitable when running the numbers.

Buying back the 9 coins is not a feasible option, as current buyers would be on their right not to accept it, it would end up making everyone unhappy.


@Lauda
Why doubting 9 of the coins have been sold? We can't publish the list of buyers for privacy reasons, if a buyer wants to say he has bought the coin (as it already happened, its up to him). What we would do, is publish the public BTC address of the 10 coins.
We are on a free market, if you feel that our price is excessively high, you are completely free not to buy from us.


As said on our previous message, we are sorry, and measures will be taken for any future coin launch we make.

"Experience is simply the name we give our mistakes."
Oscar Wilde

Regarding "The Coin Council", we have no idea what that is about, so any info would be much appreciated.

Kind regards,

The Crypto Imperator Team

This is ridiculous, to say the least. If CI wants to release 10 coins then what is the issue? Since when do buyers dictate what the sellers do? I agree it was a pretty silly move and pissed off his future buyers...

edit: I just feel like people are overreacting here

Lol ... I was meaning we are still in a free market .. Bitcoin was never intended for this kind of attitude...
this will become communism, or what ?
apparently, few users think to have the right to judge... pathetic...

Lauda want a list .. LOL why ? would you feel better once you have names ? LOL  even if you has a chance to buy one , I 'm pretty sure you won't do it...  in what are you concerned by "the list of people who got the chance to get one ? )

I really hate this "Burn the witch" feeling .

Asking an absurd premium ($450 for 2 oz), and making only a single coin available to the collectors is "well intention"?

Update: Okay, I'm out of this thread completely. There have been so many fallacies, such as classic ad hominem (to specialized forms such as poisoning the well), false assumptions, hasty generalizations, straw man arguments and so on (not to mention the false knowledge regarding the trust system). This is really intelligence damaging. That said, I'm looking forward to see how CI will make up for this *misjudgment*.

I am one, it landed here last week. Story is as described. Individual PMs sent, so I dont have a list of any other buyers.

I dont know the criteria used to select the lucky few. I feel Halo may be on the right lines with the gold coin. I am assuming those that have got at least one of each coin that has come before (including the goldie) were asked. But I dont know (I just know my own purchase history with CI).

Please dont be down on CI. This was well intentioned. But I know there are many not seeing it that way. This was just a misjudgement, nothing more.

Where is the list of the 9 people that *got* offered and *bought* these coins? I'm pretty sure that not all of them want to remain private, so might as well let us know (otherwise the story can't be verified at all).

Sorry for locking the thread, I burnt my hands and could not write (for real, don't play with liquid nitrogen, its same as fire on skin), so best option was to lock it and explain later.

First of all, from Crypto Imperator, we would like to apologize to all customers who have felt offended, disrespected or betrayed by how the sale of these coins has been managed on our end.

We feel that having a good and close relationship with customers is the basis for us to be able to deliver top quality products, and we would hate to have that relationship broken by an error on our part, so we accept the responsibility, and if you feel that not participating on the auction is the right thing to do its perfectly fair. Having seen the overall reaction, we can assure that this will be handled different in the future.

Thanks for understanding, we are looking forward to deliver more awesome coins on this forum

Kind regards,

The Crypto Imperator Team

So, "we" have been together but no one here got one.        No one here is notable enough from the looks of it.  Not bidding.  Thanks for sharing something I couldn't even buy... I guess.   

Guess I wasn't notable either.  Feels like a slap in the face that only the elite gold-owners need apply.

I'm fine with a gold coin limited to 10, since not everyone will be able to afford the markup and spot price of Gold, but it would have been nice to be given a chance to preorder this, especially for those others who supported CI from the beginning.

waw !    this coin is just beautiful !  i really love the design ..

congratulations   

I have to agree with Minerjones. Many of us have supported your brand since the beginning. I have bought pretty much every coin (including error coins). The Super BTC was offered to 25 regular customers (before making them available for the public). Why not thank all of those customers by offering them this coin? With the Super BTC we paid for the coin without even seeing a design. That shows quite a bit of trust from your customers. I am  pretty disappointed that you are ignoring a fair share of your 'regulars' by offering only 10 of these. For that reason I'll pass on this auction.

Love the clean and elegant design!

Crypto Imperator is pleased to present its latest creation, a coin that has been kept as a secret since its inception, minted to commemorate 2 years together; here is the:

2 Oz. Silver 0.5 BTC Crypto Imperator Anniversary coin




Specs:

- 50mm diameter
- Limited to 10 coins
- Using our new hologram
- 0.5 BTC Denomination
- 2 Troy Oz .999 Fine silver
- Really limited distribution

The coin is not numbered, why? All of our limited edition coins have been numbered, and the first numbers have sold really really quickly, so in this case there is not a coin more valuable than another due to its serial number.

We are celebrating 2 years together, and this being a not numbered series makes it even more special.

Why not a picture of the back?

It showcases our new hologram, and it won't be shown publicly until the Gold coin is released (later this year)



9/10 of the coins are already sold and shipped. There is one left that will be auctioned in the following days, so stay tuned!

Original price was 450$ + 0.5 BTC for funding (shipping included).