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Topic: "Primecoin" - Commemorative, Collectible Proofs! - page 4. (Read 8329 times)

legendary
Activity: 1397
Merit: 1022
Updated OP to compensate for new BTC price.
legendary
Activity: 1397
Merit: 1022
#11 just shipped and tracking sent to customer. Only 39 remaining.
legendary
Activity: 1397
Merit: 1022
First 10 coins have shipped and tracking information has been provided. I just got an order in for #11 of 50 so only 39 left after this one.

Also, I made an edit to international shipping options. Apparently Express 3-5 day mail must be used for tracking and insurance.
legendary
Activity: 1397
Merit: 1022
Couple more verbal orders placed overnight, so it looks like number 10 and 11 are gone now. 39 remain!

Also, when ordering, please specify your shipping option so that I can generate a private payment address for the specific amount of your order.
Shipping and handling (all pricing listed in BTC but I will accept payment via CGB, XPM or LTC):
-   Continental US:
o   1 Day Express Mail = 0.3 BTC
o   2 Day Priority Mail = 0.1 BTC
-   International:
o   3-5 Day Express Mail = 0.5 BTC
legendary
Activity: 1397
Merit: 1022
First 9 set to ship tomorrow, August 30th, 2013. Only 41 left! Original customers will have their tracking info sent by Friday evening, EST.
donator
Activity: 1890
Merit: 1010
Parental Advisory Explicit Content
Bought one  Grin

Can`t wait to add it to the collection of Physical Bitcoins and Litecoins.
legendary
Activity: 1397
Merit: 1022
Batch 1: #8 of 50 is sold. 42 remaining pieces.
legendary
Activity: 1397
Merit: 1022
#7 of 50 sold. 43 remain in the inaugural batch.
hero member
Activity: 798
Merit: 531
Crypto is King.
Those are purrrtay.
legendary
Activity: 1397
Merit: 1022
tried to order via your site but says not available at this time?

Sorry about the inconvenience. The physical XPM are only available for purchase via crypto: btc, CGB, ltc or xpm. The service I went thru to build my site does not allow external payment plugins so I have to handle this via email at this time. I have the new site built as of this morning, just need some time to get the payment processor linked up and transfer the domain. This is high on my priority list, but I do not have an eta at this time as I have to manage my efforts around my family and full time job. I will get it running soon though.
legendary
Activity: 2242
Merit: 1057
tried to order via your site but says not available at this time?
legendary
Activity: 1397
Merit: 1022
Batch 1: 50 Physical Primecoins

1-6 of 50 are taken and paid for.

Only 44 left in Batch 1.
hero member
Activity: 1974
Merit: 856
Overpriced? This is the first physical primecoin. He/she could've put the price up to 2 BTC's. If you don't want it, don't buy it.
Of course he can ask whatever he wants. And there are probably even people who'd buy it for 2 BTC...
Also I like the design of the coin, but wouldn't spend more than silver+embedded coins+a reasonable markup.

This not only regards this thread/coin, there are many first physical $somethings these days. Buyers should just be aware that they get an item which is worth the material + the coins on it (in any doubt the coins only if they can trust the producer/seller).
It seems everybody wants to get the next potential "Casascius Series 1 coin", but I doubt that any of these newly released coins ever will be worth more than what the initial price was for them.
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
11 XPM = ca 0.08 BTC

1.5 BTC for this item is so overpriced. If we assume the silver is 0.25 BTC then you ask for more than 400% of what this coin is actually worth...

And I thought more physical coin competition would actually lower the price...

Overpriced? This is the first physical primecoin. He/she could've put the price up to 2 BTC's. If you don't want it, don't buy it.
legendary
Activity: 1397
Merit: 1022
11 XPM = ca 0.08 BTC

1.5 BTC for this item is so overpriced. If we assume the silver is 0.25 BTC then you ask for more than 400% of what this coin is actually worth...

And I thought more physical coin competition would actually lower the price...


The silver is just one piece of the equation unfortunately. The custom die costs a lot of money and time to create, there is the proof stamping process which also adds an incremental charge per coin, the cost for the custom leatherettes is another add on, the tamper resistant hologram stickers are yet another incremental and then you have the generation and manual insertion of the actual XPM. Once all is said and done, considering this is a batch of only 50, the profit margin really isn't anywhere near what you have calculated. My hope is to offer these for a long time and if I end up purchasing additional batches, I will be able to bring the price down as at that time the overhead would have been paid for.

I set the price based off of what other physical coin manufacturers are charging. As a matter of fact, their supply lines are much larger so they should be able to be far cheaper than they are. Like I said, this is the first batch and it is a small quantity so the overhead is far larger than if I had made 1,000 pieces.


All this having been said, I think there is a little wiggle room where I can try to make this first batch a little more affordable, but unfortunately not much on this initial batch. I will adjust the price to BTC1.25 with the 11 XPM included or for BTC1 if only purchasing the coin without the physical XPM attached.
hero member
Activity: 1974
Merit: 856
11 XPM = ca 0.08 BTC

1.5 BTC for this item is so overpriced. If we assume the silver is 0.25 BTC then you ask for more than 400% of what this coin is actually worth...

And I thought more physical coin competition would actually lower the price...
hero member
Activity: 756
Merit: 1000
How much are 11 Primecoins actually worth?
sr. member
Activity: 308
Merit: 250
onore dikeido
awesome  Cool
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
those look so great! if only i had the BTC now  Cry
legendary
Activity: 1397
Merit: 1022
Pics added
 Grin
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