if i wanted to buy quantities above $5000 USD or sell to you at those quantities for example ..
how would i get delivery if i was buying say, gold?
are you able to give some examples? i'm fascinated
also, what justifications do you operate out of? are transactions completely insured? ie if i buy $5k worth of gold in BTC and it doesn't show up and I purchased insurance, am I protected in
you mean jurisdiction?
it all depends.
I am in Europe - if you are buying from outside of Europe, I cannot insure precious metals with a value over 500€ (that is a rule that, sadly, all postal services have... Hermes, DHL, FedEx, UPS... all of them). So if you are in the US, Asia, Australia... we need to split shipments up into pieces of 500€ and send separately. If you were to buy a HUGELY INSANE amount of Gold (say, a couple of 10k worth) we could arrange vor international courier (costly!).
If you are in Europe, I can insure up to 25000€ via "Wertbrief" ("valuable letter").
Since beginning of last year, two shipments have gone lost (none above €600 so far) and I've always been able to recoup the loss and send again.
I always send registered and insured, if it is your express wish, I can require a signature upon receipt.
The process works as follows:
You log into bitcoincommodities.com, fill your cart with as much stuff as you want, click "checkout" and pay to the BTC adress in your sig.
As soon as the payment is verified, you'll be sure to receive your goods soon-ish (All my stuff is in a local bank's safe, which I only get to once a week, Thursday or Friday).
I hope this answers all your questions :-D
Cheers
2weiX
Yes sorry meant "jurisdiction" - spell checker gets a bit over zealous at times.
Thanks for all the information. I shall be in touch shortly.
Kind regards
PS when you say "soonish" - could you please mention an indicative time frame?
There have been orders to Canada and the US that took a week or two, and I had orders take five weeks due to customs (that is not something I can influence). As tracking is always supplied, you will always know where your metals are.
edit:
I can now ship to anywhere in the world for up to 25k€ (5400BTC atm).
Fees may be dependent on size, and weight.