Author

Topic: auction for a 20CHF gold coin on biddingpond (Read 2849 times)

legendary
Activity: 1288
Merit: 1076
This post actually changed my mind and made me want a gold coin. Whens the next auction?

I prefer wait until my current buyer receives the coin.  It can be a week or so.
legendary
Activity: 882
Merit: 1001

Yes, I'm talking to you guys!

You probably have a huge amount of bitcoins, and that must feel good, I guess.

Maybe you convert it into cash, maybe you just hoard your bitcoins until you can buy really great stuffs with them.  I don't know and that is none of my business.

But wouldn't it be nice to diversify a bit and put some of your bitcoins into an other non-inflating currency?  Wouldn't you like to put some of wealth in a nice, classic gold coin?

You can do so, and it can even be fun, since you will be taking part in an on-line auction (believe me: auctions can be fun).

So here you go:  http://www.biddingpond.com/item.php?id=312

happy bidding!

This post actually changed my mind and made me want a gold coin. Whens the next auction?
legendary
Activity: 1288
Merit: 1076
It got sold out a slight bargain vs market rate for the coin....
http://www.bcv.ch/fr/cours_et_analyses/metaux_et_pieces

269Swiss Francs makes 290USD and around 323BTC

13% discount Wink I was too slow on this one,

Well, it's not as if I hadn't let you guys a lot of time.  I guess it's the reward for people bidding early.

I'll sell an other one once this one has been received by the buyer.  You'll get an other chance Smiley
hero member
Activity: 609
Merit: 501
peace
It got sold out a slight bargain vs market rate for the coin....
http://www.bcv.ch/fr/cours_et_analyses/metaux_et_pieces

269Swiss Francs makes 290USD and around 323BTC

13% discount Wink I was too slow on this one,
legendary
Activity: 1288
Merit: 1076

Only a few hours left.
riX
sr. member
Activity: 326
Merit: 252
I suck at maths, but I'm pretty sure that 205 BTC is not a very high bid!

Gold price = 1430 USD/oz
Gold content of coin = 0.1866 oz
BTCUSD = 0.9

Value of gold coin = 1430 * 0.1866 / 0.9 = 296 BTC

Freight might be something like 25 BTC.


Current bid is 280 BTC.
legendary
Activity: 1288
Merit: 1076
Gold is getting closer to its record high guys!




I suck at maths, but I'm pretty sure that 205 BTC is not a very high bid!
legendary
Activity: 1288
Merit: 1076

Agreed.  A big advantage on small coins is that they are much more liquid than big ones.
hero member
Activity: 504
Merit: 500
PGP OTC WOT: EB7FCE3D
Will you be selling any 1 ounce gold coins? The smaller ones just have too much overhead to be used as an investment. I don't own any gold (except for my wedding ring), but I would like to buy an ounce sometime.

if you're lucky @bidding than the price might be right. auction includes shipping fees, if you have old btc around, this might be a nice way of spending and keeping your purchase price low.
and when you need to sell gold, it's nice to have also a small coins to sell if you don't need to sell the big one. depends on how you want to store your gold.

increments of 20 franc are nice and they have an interesting lesson built in - the latin monetary union, where the 20 swiss francs were equal by its gold content to 20 francs in france, belgium, (in other names but still equal to 20) greece, italy, spain, romania, bulgaria, etc. i missed the french 20 francs already (not really miss but was outbid ..)
legendary
Activity: 1288
Merit: 1076
Will you be selling any 1 ounce gold coins? The smaller ones just have too much overhead to be used as an investment. I don't own any gold (except for my wedding ring), but I would like to buy an ounce sometime.

Yes I will!  But right now I prefer experiment both biddingpond and the bitcoin community purchase power with small coins.

donator
Activity: 826
Merit: 1039
Will you be selling any 1 ounce gold coins? The smaller ones just have too much overhead to be used as an investment. I don't own any gold (except for my wedding ring), but I would like to buy an ounce sometime.
legendary
Activity: 1288
Merit: 1076

Yes, I'm talking to you guys!

You probably have a huge amount of bitcoins, and that must feel good, I guess.

Maybe you convert it into cash, maybe you just hoard your bitcoins until you can buy really great stuffs with them.  I don't know and that is none of my business.

But wouldn't it be nice to diversify a bit and put some of your bitcoins into an other non-inflating currency?  Wouldn't you like to put some of wealth in a nice, classic gold coin?

You can do so, and it can even be fun, since you will be taking part in an on-line auction (believe me: auctions can be fun).

So here you go:  http://www.biddingpond.com/item.php?id=312

happy bidding!
legendary
Activity: 1288
Merit: 1076
February 27, 2011, 02:29:19 AM
#7
Less than a week left!
legendary
Activity: 1288
Merit: 1076
February 21, 2011, 06:56:26 AM
#6

Notice that gold is reaching back the 1400$/once:


legendary
Activity: 1288
Merit: 1076
February 21, 2011, 03:12:12 AM
#5

It seems that putting the mp4 file on the freeshell messes with file rights somehow.

So I put the video on dailymotion instead:

http://www.dailymotion.com/video/xh4on0_20chf-gold-coin_lifestyle
hero member
Activity: 504
Merit: 500
PGP OTC WOT: EB7FCE3D
February 20, 2011, 08:36:05 PM
#4
looks like your freeshell account is having tech. problems
neither the link to video nor the your exchange script are working.
(bitcoin effect? : ))

edit: link works now

i wait till the end (as last time)
hero member
Activity: 609
Merit: 501
peace
February 20, 2011, 08:33:36 AM
#3
I will be bidding soon;
once I can log back in to my bidding pond...

Does it come in a little box too?

I have one already but yours looks a few years older;)
legendary
Activity: 1288
Merit: 1076
February 20, 2011, 02:42:27 AM
#2

No bid yet?  I'm kind of disappointed.

I'm afraid it's because of these pictures that I've made without the flash under artificial ligthning.  The colors are not very good.

Here is a short video of me playing around with the coin:


http://grondilu.freeshell.org/20110220_013.mp4
legendary
Activity: 1288
Merit: 1076
February 19, 2011, 09:31:56 PM
#1

2 weeks auction.
Starting price is 0.99 BTC.
I'll pay shipping fees to wherever in the world.
I'll use a tracked UPS letter.

Have fun bidding Smiley  !


http://www.biddingpond.com/item.php?id=312

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