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Topic: Bitcoin Specie Project sponsored by the makers of New Liberty Dollar - page 15. (Read 88462 times)

hero member
Activity: 798
Merit: 1000
I just received my first mint commemoration coin, awarded only for an innocent quip about 'thinking ouside the box', that now appears on the reverse side of the coins thanks to your's truly! At the time Joseph said it had earnt me a 'first press' piece, and true to his word, I received it today, and it really is a work of art, a really beautiful piece. I strongly recommend anyone to purchase at least one, if only for the design itself, but hopefully they will make their way into much larger circulation.
I can't top the photo posted above, but I can give a big thankyou to you, Joseph, and wish you all the best for the future
 Smiley
legendary
Activity: 2242
Merit: 1057
Happy it arrived undamaged, thanks for letting us know.
Would also love to see a picture of it in its new home if you get a chance for that.



pride of place at dozerz manor
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
I have just learned that I have some competition!   Grin  It is flattering to have copiers.  Looks like he tried to hurry it out though.
Generally I relish competition, and this is no exception.  It is even more delightful that the competition is the notorious Rob Gray of the Mulligan Mint who is offering this piece:  

https://factorystore.mulliganmint.com/silver/1-oz/brilliant-uncirculated-quality/bit-coin.html

I have had no personal dealings with Rob Gray.  He has been one of the more prominent private minters, but I was not pleased with the treatment that he gave his mentor, Bernard von NotHaus (Architect of the Liberty Dollar) when Bernard was facing spurious charges from the US Feds for essentially being too successful with his alternate currency to the US dollar.  It was during this time that Mr Gray took the body of work of Bernard von NotHaus and claimed that he had originated it and called it the American Open Currency Standard, and then proceeded to claim that the Liberty Dollar model upon which the AOCS was based was not compliant with the standard.  This betrayal was at a time when Bernard was fighting for his freedom with the Feds (he still is).  AOCS may have done much good, but having been founded on what I saw as a fraudulent misrepresentation, I would not join with his efforts.

As it turns out this was not a bad decision on my part.  Some of those who did quite a bit of business with him are currently in lawsuits attempting to get some millions of dollars worth of precious metals back from him according to these guys:
http://mulliganmintexposed.com/

I have attempted to place an order for some of these on his site, but it seems that it is not currently processing orders.  I would like to evaluate his QR solution as it looks like the boarder is too narrow (it is a part of the QR which is often ignored).  Reputedly this QR links to his store.
It might be shut down because of this:
http://thetgbreport.com/2013/08/01/mulligan-mint-assets-being-seized-today-article-5/

The private minting world is a pretty small community, and I have been fairly open about what we are doing and our intentions with this offering.  It looks like the word is out so... Now I have this challenge, to put more of these pieces into circulation than Rob Gray's pieces. Smiley He may have ill gotten wealth to fund marketing programs, but no matter what may come, I have an 8 old promise to fulfill, made in NL, and so I will Smiley

Thank you for those of you who have placed orders already, we think you will be very happy with what you will get.   I welcome any questions on this or any other matter.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Happy it arrived undamaged, thanks for letting us know.
Would also love to see a picture of it in its new home if you get a chance for that.
legendary
Activity: 2242
Merit: 1057
confirming the coin arrived as expected, thanks joseph  Smiley
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
The project is fundamentally not about creating collectible items, the Casascious pieces are much better for that sort of thing.  We are working to make lasting, durable, trad-able, 100% fungible specie Bitcoin pieces that hold value in their own right and can help to bring more people into the Bitcoin economy with an easily exchanged pocket-friendly Bitcoin denominated silver and gold piece

That said, it has been our custom to award the FIRST STRIKE pieces to those that contribute to the effort, and there are more people involved than usual on this project.  Of the 40 that are awarded, so far we have had three (3) of our FIRST STRIKE pieces come back to us from those to whom they were allocated who have decided that they would rather support the project instead of receiving the award, and another may yet come up for auction from someone that contributed, but has some pressing financial needs.

So... for those of you who either missed out on the first auction, or were outbid, there is another opportunity to get one of these collectible FIRST STRIKE pieces.  The decision on how to allocate them came down to a few options and the one that was decided by these three was that they should go to the top three purchasers of the Initial order + pre-order.   So the top three buyers will have the opportunity to have one of the first strikes, with the presentation display, and certificate of authenticity, to count as one of the pieces of their order.

So far the top three are 100, 100, and 50 piece orders so unless we get larger orders than these, these will be the folks to receive these three (or unless these folks may decide to increase their purchases ahead of the SEPTEMBER 15th cutoff for initial orders).
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
This is a point we are raising with all my international buyers as well, as these would stand to gain the most from international shipping and customs being shared.  Anyone who would be interested in being contacted by others local to them in order to aggregate purchasing for better prices should let us know that.

I would rather have people get these for less, whenever possible.  
It is an easy way to spread the Bitcoin economy at points of sale anywhere.  This is our fundamental goal with this project and so we are keeping our prices as close to costs as possible (and keeping the costs as low as possible while still maintaining highest quality).

SO...If you would like to aggregate purchasing for your region, and you let me know what quantity tier you are at, I can list that on the OP for those close to you to buy through you.

It is looking like formal release will be around 3rd week of September.
legendary
Activity: 1974
Merit: 1010
is someone planning a group buy for this so we can get coins for a bit cheaper?

Considering this.

I'd be shipping from NYC.
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
is someone planning a group buy for this so we can get coins for a bit cheaper?
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
The recent price move of Bitcoin is something I anticipated in the GOLD version of these which is a 1 ozt Gold with a nominal value of 10 Bitcoin. 

Of course the current value real time value will be via QR code, but the 10 bitcoin is looking to be closer than not.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
I was asked a great question privately, and I would like to answer it publicly as well in case there are others with a similar inquiry.  For the price of these silver pieces, there are two price components, the current spot market price of the silver, and the premium (which covers repair and maintenance of the mint, the smelting of the ore, the design of the piece, the diemaking, and the rest).  Adding the two of these gives the price.  This price is displayed when the QR code is read.

With these COLD HARD CASH silver pieces, the premium component decreases with the quantity purchased.  This allows a discount to those that participate in fostering the bitcoin economy by purchasing and distributing these bitcoin specie in much the same way that bitcoin miners are rewarded for processing transactions and helping bitcoins find their proper homes.

So you may see a price of .045 bitcoin (at quantity 10), this would be the premium.
Add to that the current spot market price of the silver bullion and you get the price of the piece.
When the 30 and 90 day moving average are both over USD$150, we will drop the premiums to a lower level to adjust for the sustained price of bitcoin.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
How much for one shipped to The Netherlands with a plastic casing?

For just one, you would pay more for the shipping than for the piece itself.

I expect to be in Amsterdam for European Bitcoin Convention at the end of next month and I should have some with me.
Further, I am hopeful for local distribution in Netherlands that can organize group buys, or buy and resell.  I will be looking for such special people in each region.
For the Liberty Dollar we had more than there were states.  California alone had seven regions.

I will be at the convention, so that is just perfect! I will buy a coin then, so save one for me!
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
How much for one shipped to The Netherlands with a plastic casing?

For just one, you would pay more for the shipping than for the piece itself.

I expect to be in Amsterdam for European Bitcoin Convention at the end of next month and I should have some with me.
Further, I am hopeful for local distribution in Netherlands that can organize group buys, or buy and resell.  I will be looking for such special people in each region.
For the Liberty Dollar we had more than there were states.  California alone had seven regions.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
How much for one shipped to The Netherlands with a plastic casing?
legendary
Activity: 910
Merit: 1000
not fair..... as i live in the UK, the time zones kind've screwed me over...... i wasn't going to be awake at 5 in the morning (uk time) when their was two hours to go Sad

Apologies for that.  This was why we did a 24 hour bid cycle, so that there was at least one full day for everyone after each bid.  If there is a better method that is more fair, let me know.  This was our first so very much a learning exercise and looking for that sort of input.

The last thing I want is for disappointment to result from this experiment with the auctioning here.

What I can do for you is to pass on this offer information to others who are receiving these due to their contribution to the project to see if any would part with one for you, if you like?

There are a few that have accounts here (but most do not).

Sounds good, or if another strike coin goes up on auction let us know on this thread telling us whether its on ebay or here,and i will be involved
Thanks
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
How do we place an order?

It will be a lot easier once coldhardca.sh is ready.  I'd wanted fennec (of Preev.com) to do the site but he is involved in other matters currently and my other folks are taking their sweet time.  Smiley

The pricing is fairly easily computed though.
At QTY 10 your premium is .045 BTC (rather than .05)
Silver spot at the moment is .1854 BTC    http://preev.com/btc/xag
So your price per is .2304 BTC for each 1 ozt quarter bitcoin piece so:
2.304  BTC  plus shipping from the USA

You can use the payment address in my profile:
1FyaQM8uuZpH9eaBFJGuZuGsFti1FTw4Ns

Or I can generate a specific one if you prefer.
Send your shipping location and signature name for the receiver.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
How do we place an order?
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
I am interested in 10 of the uncirculated coins when available. Do they come with a plastic case?

All sorts of cases are available, though we are more eager for these to circulate than sit in plastic. Smiley
Air-tite cases are available at .005 BTC each, so add .05 for 10.
Or the standard tube as depicted in the photo.
We also have tube holders sized for air-tites (will get a picture up for those).
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
I am interested in 10 of the uncirculated coins when available. Do they come with a plastic case?
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