Topic: [SOLD] 500 ounces of silver (Canadian Maple Leaf Monster Box) (Read 3853 times)
Are you only selling the whole lot, or can buyers purchase individually?
I will take a few rolls if the deal falls through. PM me.
Update: Have a potential buyer for full lot. Silver is unavailable unless the deal falls through.
Entire lot has been sold.
Entire lot has been sold.
Quote
NICE! But is this part of a sale due to Virginia law issues.
Not exactly. The company has decided to liquidate any bullion which could be considered legal tender. As a malicious prosecutor could make a case that payment in BTC even for physical silver is an exchange of BTC for CAD and thus unlicensed money transmission. Given the company current situation I have personally bought the silver from TC, LLC using a personal check. I am selling it personally (not as an employee or agent of TC, LLC) at cost for BTC. Even if the case could be made that this is an exchange of virtual currency for real currency this singular sale would fall under the MT exemption as an "infrequent or not for profit activity". TC, LLC will be selling bullion in the future, but it will only be bars & rounds from non-governmental mints and thus not legal tender.
Selling 500x 1oz Canadian Maple Leaf Rounds. Sold as 20x 25 oz tubes packed in original mint "Monster Box". Single bulk sale for Bitcoins only.
Stock photos (will upload actual photos):
Stats (per coin 500 total)
Year: 2013
Grade: Brilliant Uncirculated
Diameter: 38 mm
Thickness: 3.29 mm
Price $12,975 equivalent in Bitcoins @MtGox last
I reserve the right to adjust price if spot price of silver moves more than 1% from $22.68 per ounce.
Shipping:
Price excludes shipping costs.
USPS Priority Mail Medium Flatrate box:
USPS Express Mail Medium Flatrate box:
USPS Registered Priority Mail (with $13,000 insured value):
It can't be shipped first class due to the weight ~42 lbs and standard mail is slower and more expensive than Priority Flat rate. I can get a quote for FedEx or UPS but it is going to be more, probably a lot more given the weight.
The only way bullion can be insured is by Registered Mail or third party insurer. Standard USPS, UPS, and FedEX insurances specifically excludes bullion. Registered mail does not have a bullion exclusion. Express Mail can't be sent registered and Priority mail generally is ~ 2 days slower when sent registered. Registered Mail must be picked up at Post Office, you will need ID matching the name on shipment, and you will need to sign. Registered Mail doesn't require the contents of the shipment to be recorded only the value. For full discloure the registered price includes a $20 markup mainly because it is a complete pain in the ass. Entire package needs to be covered in brown paper tape, have to hand deliver to post office, wait in line, etc. If you have a third party insurer which insures bullion and wish to use them I am willing to consider it.
Escrow:
Honestly I don't think you need escrow given my trading history both (personally and running TC, LLC) but then again I guess that is what a scammer would say.
If one wants to escrow the terms are:
* Sale price is 1% higher due to my risk. You cover all escrow fees.
* Shipment must be sent by registered mail OR adult restricted signature (you will need ID to sign).
* Escrow agent must be someone I trust.
Other:
I have spare empty Monster box so if the buyer wishes I can ship this as two separate shipment of 250 oz each on separate days.
Please no low balls offers. I am not desperate to sell.
Stock photos (will upload actual photos):
Stats (per coin 500 total)
Year: 2013
Grade: Brilliant Uncirculated
Diameter: 38 mm
Thickness: 3.29 mm
Price $12,975 equivalent in Bitcoins @MtGox last
I reserve the right to adjust price if spot price of silver moves more than 1% from $22.68 per ounce.
Shipping:
Price excludes shipping costs.
USPS Priority Mail Medium Flatrate box:
USPS Express Mail Medium Flatrate box:
USPS Registered Priority Mail (with $13,000 insured value):
It can't be shipped first class due to the weight ~42 lbs and standard mail is slower and more expensive than Priority Flat rate. I can get a quote for FedEx or UPS but it is going to be more, probably a lot more given the weight.
The only way bullion can be insured is by Registered Mail or third party insurer. Standard USPS, UPS, and FedEX insurances specifically excludes bullion. Registered mail does not have a bullion exclusion. Express Mail can't be sent registered and Priority mail generally is ~ 2 days slower when sent registered. Registered Mail must be picked up at Post Office, you will need ID matching the name on shipment, and you will need to sign. Registered Mail doesn't require the contents of the shipment to be recorded only the value. For full discloure the registered price includes a $20 markup mainly because it is a complete pain in the ass. Entire package needs to be covered in brown paper tape, have to hand deliver to post office, wait in line, etc. If you have a third party insurer which insures bullion and wish to use them I am willing to consider it.
Escrow:
Honestly I don't think you need escrow given my trading history both (personally and running TC, LLC) but then again I guess that is what a scammer would say.
If one wants to escrow the terms are:
* Sale price is 1% higher due to my risk. You cover all escrow fees.
* Shipment must be sent by registered mail OR adult restricted signature (you will need ID to sign).
* Escrow agent must be someone I trust.
Other:
I have spare empty Monster box so if the buyer wishes I can ship this as two separate shipment of 250 oz each on separate days.
Please no low balls offers. I am not desperate to sell.
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