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Topic: Coinabul - Gold Unbarred [Huge Sale] - page 2. (Read 5128 times)

hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
May 08, 2012, 04:08:20 PM
#25
This information may be available, but I can't find it...

What do the coins ship in? I don't see any specification on the coins about grade (I'd be fine with just UC), but I would like my coins to be in a plastic container of some kind... How are they sent to me?

v v v

Yeah all my coins have come in plastic flip cases.  The American Silver Eagle and the Candian Silver Maple.  The bars have all come sealed in plastic... I am assuming the way they come from the manufacturer.

This is correct. All our products arrive as they come from the manufacturer. If you have any specific questions about products, I'm sure I can find their packaging info for you!
legendary
Activity: 1008
Merit: 1000
May 08, 2012, 10:20:58 AM
#24
Yeah all my coins have come in plastic flip cases.  The American Silver Eagle and the Candian Silver Maple.  The bars have all come sealed in plastic... I am assuming the way they come from the manufacturer.

+1 this for me too
newbie
Activity: 57
Merit: 0
May 08, 2012, 10:03:47 AM
#23
Yeah all my coins have come in plastic flip cases.  The American Silver Eagle and the Candian Silver Maple.  The bars have all come sealed in plastic... I am assuming the way they come from the manufacturer.
full member
Activity: 151
Merit: 100
May 07, 2012, 11:15:40 PM
#22
My silver maples show up in a plastic sleeve... Not sure if it's still the case but you might get the whole tube should you order 20/25 buffaloes/maples.
hero member
Activity: 682
Merit: 500
May 07, 2012, 10:35:00 PM
#21
This information may be available, but I can't find it...

What do the coins ship in? I don't see any specification on the coins about grade (I'd be fine with just UC), but I would like my coins to be in a plastic container of some kind... How are they sent to me?
newbie
Activity: 57
Merit: 0
May 07, 2012, 10:16:14 PM
#20
In regards to pricing on american silver eagles...

If you were somehow able to meet the qualifications to purchase directly from the mint, including the 25000 ounce minimum order, you would still pay 2 dollars over spot.  Then those guys sell them again marking them up even more, so it really isn't possible to pay spot for an American Silver Eagle unless you purchase it from someone who doesn't know what is going on.

Also, paying with bitcoin makes it easy to purchase for those of this on this forum and demands a slight premium.

I will say the shipping is fairly slow at times... But are you guys trying to sell the coins as soon as you receive them.  I don't plan on doing anything with mine for decades anyhow, they are just a store of value that I can give away when I die.

I have had a few successful orders now and just placed 2 orders for 5 ounces each for the sale.  The savings basically made it free shipping.

The checkout is very smooth too.

Can you buy silver cheaper... Yeah, but not with bitcoins.  This is a great way to cash out bitcoins that you don't need the cash for right now.
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
May 07, 2012, 01:19:00 AM
#19
How does "uninsured" shipping work?  I'm willing to try this option but I'm a bit concerned about mail theft.  Would there still be tracking with the order?  Also, would you declare the actual value?  I think that would be a very bad idea.  The only time I ever declared a value higher than the insurance value was the only time I ever had a shipment disappear on me so I definitely wouldn't want to have gold coins declared at $1600 in that case......
You get tracking on all orders. Uninsured, I would not suggest it. We declare actual values on the invoice to get it through customs. Other than that, the packaging is very, very discreet.
vip
Activity: 103
Merit: 10
May 02, 2012, 06:16:46 PM
#18
How does "uninsured" shipping work?  I'm willing to try this option but I'm a bit concerned about mail theft.  Would there still be tracking with the order?  Also, would you declare the actual value?  I think that would be a very bad idea.  The only time I ever declared a value higher than the insurance value was the only time I ever had a shipment disappear on me so I definitely wouldn't want to have gold coins declared at $1600 in that case......
sr. member
Activity: 476
Merit: 500
May 01, 2012, 09:01:28 AM
#17
Why don't you use USPS Flat Rate shipping with tracking? AFAIK you can fill them with cement and they still have to ship it. The most it would be to Canada is about $45 USD insured. That's a 23"x11"x3" box, that's a lot of gold!
full member
Activity: 151
Merit: 100
April 30, 2012, 09:38:37 PM
#16
For what it's worth, in my silver orders shipped to Canada from coinabul I pay about 7.5btc insured for the equivalent of less then $1000us, one coin over and it doubles.... Try playing around with order size and you might get a smaller s+h.  Of course you may be ordering significantly more then I do.... Especially if you're buying gold.

I choose to do frequent smaller orders to spread btc value risk over many transactions.
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
April 30, 2012, 06:46:51 PM
#15
Would you please respond concerning shipping?  Does it really cost $150 to insure shipment to Canada?  No cheaper option??  Please don't just ignore and cut off your potential Canadian customers.  There are people sitting here with thousands of BTC burning a hole in their pocket if this can be addressed.
We offer the cheapest shipping possible. It's related to how much gold you order as well. We get way better rates than the public does.

We are still improving too! We're working on some new shipping processes that will enable us to send fully insured parcels worldwide for lower rates, which will be ideally completed in a month or so!
vip
Activity: 103
Merit: 10
April 30, 2012, 06:28:21 PM
#14
Would you please respond concerning shipping?  Does it really cost $150 to insure shipment to Canada?  No cheaper option??  Please don't just ignore and cut off your potential Canadian customers.  There are people sitting here with thousands of BTC burning a hole in their pocket if this can be addressed.
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
April 30, 2012, 02:07:25 AM
#13
We've been getting a lot of orders! The sale won't last long, get in before BTC dips anymore! Smiley
vip
Activity: 103
Merit: 10
April 29, 2012, 06:35:22 AM
#12
I wanted to try placing an order but can you do a better deal on shipping.  I don't want to send $5k worth of bullion uninsured.  But seriously, $150 for international shipping?  How are those costs calculated?  APMEX charges $35 for 2-day Fedex shipping to Canada insured for any amount.  Is there any reason you can't match that?  I don't mind paying a 1-2% extra to support the bitcoin community but the shipping totally kills the deal.
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
April 27, 2012, 02:37:34 AM
#11
Is this a whole month of May celebration? how long can we expect these coupon codes to work?
The coupons last until May 11th.

Oh, and we'll be doing some more sales during the month of May Smiley

Cheers!
-Jon
sr. member
Activity: 420
Merit: 250
April 26, 2012, 10:55:01 PM
#10
how else do they make money?

local coin shops that I go to sell above spot too, its not new.

I was just confused... Most dealers near me aren't charging 20% over spot on bullion. That's the range I see for UC and graded coins...

usually, junk sells at spot and they buy below, as they have to melt it, ship it, all that crap. However, chunks of silver are all ready and selling below spot makes them lose money as they have to buy it at spot. The dealers are sometimes the 4th or 5th person to handle the bullion, and as such there is say 4% per person it can add up.
full member
Activity: 151
Merit: 100
April 26, 2012, 08:05:15 PM
#9
Is this a whole month of May celebration? how long can we expect these coupon codes to work?
vip
Activity: 103
Merit: 10
April 26, 2012, 07:29:20 AM
#8
I've been checking out your listings since day 1 since I've got lots of bitcoin to spend but I can get a much better deal with APMEX.  I'd love to do business directly in bitcoin but not enough to lose $2-300 on every order plus uninsured shipping Huh.  I'm sure it's hard to start up a business but I just wish you could improve your prices just a little to be competitive.
hero member
Activity: 682
Merit: 500
April 26, 2012, 07:13:15 AM
#7
how else do they make money?

local coin shops that I go to sell above spot too, its not new.

I was just confused... Most dealers near me aren't charging 20% over spot on bullion. That's the range I see for UC and graded coins...

Do your prices ever change to reflect the BTC<->USD market, or have you already purchased these items and you have to sell at x price? I don't mean to call you out (I'm sure others have mentioned this), but your prices for bullion are > 20% over spot... What gives?
Our prices update every minute of every day to reflect both markets! Smiley

Also, the price over spot reflects both the manufacture cost of the coins/bars and our overhead.

We're still a small company, so our overhead is large, but we're still very competitive with USD dealers.

Thank you for the answer. It makes sense, I was just curious. Smiley
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
April 26, 2012, 04:06:30 AM
#6
Do your prices ever change to reflect the BTC<->USD market, or have you already purchased these items and you have to sell at x price? I don't mean to call you out (I'm sure others have mentioned this), but your prices for bullion are > 20% over spot... What gives?
Our prices update every minute of every day to reflect both markets! Smiley

Also, the price over spot reflects both the manufacture cost of the coins/bars and our overhead.

We're still a small company, so our overhead is large, but we're still very competitive with USD dealers.
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