Topic: Where can I buy physical gold for bitcoin? (Read 10403 times)

On eobot is an option to buy physical gold for bitcoin. But I didn't try yet. Would be interesting, to try. I can't because shipping to my country taxes are to expensive.

I bought a significant amount of silver and a decent amount of gold from SchiffGold. Because I lost a long time job back in 2008 when the economy crashed (I got caught in company layoffs) that meant that my 401k with that company could be converted to an IRA which could then be used to buy precious metals. I talked with Jonathan at SchiffGold about what I wanted to do and got his advice on what I should buy and how much of each type. I ended up with gold and silver Canadian Maple coins that are now held in a vault. I had no idea how to go about making this all happen and Jonathan stayed with me (CCed on communications with other people like my 401k holder Fidelity) and he guided me and my wife to ownership of gold and silver. I didn't hit the exact bottom for gold and silver (early 2017), but we came darn close. And since this is a converted 401k I can't touch it without penalty until I'm 65 (or maybe it's 67?) so I feel good that chances are the price of my gold and silver will be much higher by the time I'm ready to retire.

SchiffGold has a great page on how to buy gold with bitcoin (https://schiffgold.com/buy/buying-gold-silver-bitcoin/) as well as a comparison of the buying power of the US dollar vs Gold over the last 50 years in an infographic on that page. They also have a video at the top of the page about how the Fed started and the beginning of fiat currency. Very educational to watch. It will piss you off if you're not up to speed on The Fed.

https://www.amagimetals.com/

Little bot slow - but as alternative to mentioned above is quite a good service

...

I have bought directly from veldtgold.com and providentmetals.com paying with Bitcoin.  Both shipped pretty quickly, I got orders within a week.  Everything went smoothly with both.

I did pay by check once with veldtgold, they held the check until it cleared so it took longer.

Wise merchants of gold and silver (platinum sometimes available at provident) are smart to encourage buying with BTC directly.

Diversification of your savings is always good.

Bars are better in this case, low premium, well accepted etc

Ahah! That's a good internet relationships manager xD

Always on guard! If a thread wiith "gold" appears BIM! Coming right through to answer the maybe potentials customer ^^

Gonna check your link. I might transfer part of my btc into gold before the halving.

I honestly do not know where you can do that. You should have a look on the internet who can do that. What you can do yourself is that you are selling Bitcoins and then you can exchange it for money and then buy gold.

Kookaburras are more of a collectable numistic coin rather than a strictly intrinsic value.

Why their are so expensive?

I have some silver bullion coins I'd sell for btc. Mostly Canadian maples and Australian Kookaburras. Message me. I'd be at 0.065btc per ounce shipped. Have almost full set of kookaburras

You have to pay me - for promoting your biz (just pulling your leg)

Yes, we are a trusted merchant operating since 2014.
Not all of our customers leave feedback but you can check our feedback from below link:

CoinPayments: https://www.coinpayments.net/feedback-0a97c40eb46a1ff7ebc0c55b4fd151b2

All depends on bullish gold market - time to wait for a 2-3 weeks.

I do not really know to be honest.
But I think you can hold and wait for a better first.
Perhaps because bitcoin fact be worth more later.

Selling BTCs through coinbase will take 2-3 days. LCS sometimes (majority of the time actually) have quite a premium on bars and coins in contrast to online stores.

you just sell your bitcoin, and then convert it to the last dollar and buy gold at a gold store your favorite. that is easy .

On buying gold - gold is on rally now, bulls play hard

I would wait till price will stabilize

I think you can buy gold at the jeweler.
And you can get Bitcoin certain websites but it takes a long time I prefer gold next to me a computer where coins are stored.

I agree with it

I purchased from https://veldtgold.com - no problems

https://www.amagimetals.com - were extremely slow, but got all coins later

I can speak to provident metals, they are highly reputable, and usually have very competitive prices, I would recommend them

Thanks a lot , sir . That's link will very help us in advance. It's trusted ?

Oh, My...

1) https://www.amagimetals.com
2) https://veldtgold.com
3) http://www.providentmetals.com
4) https://www.coaex.com/

Enjoy

I am too but you can ask to senior people in this forum or your local thread and discuss about that .
If still don't receive an answer, perforce you should exchange your bitcoin into your currency and buy online freely

Provident Metals is respected name in gold dealing biz
Ordered gold Pandas from them - got it in time with no problems

It's bullshit

Just buy from the suppliers who are several years on market

I didn't find it pal. I know there is Gold ATM machine in dubai, In that If you insert fiat currency according to that gold bar will come out. But Not sure about gold for bitcoin. Is there any Shops which is accepting bitcoin as the payment for purchasing gold in stores.

I've ordered silver from Provident Metals in the past, and I found them to be reliable, and they sell gold as well.  Their selection kind of leaves a lot to be desired, but if you're looking for just bullion they've definitely got it.  I was going to order from them a few days ago but changed my mind and decided to hold onto my bitcoin--then btc tanked to <$400 and now I just want to hang onto it and wait for a rebound.

I told you, you can use bitstamp or https://www.moro.si

I also have not found either onlin store and online selling gold and using bitcoin payment .

You are wrong. Ship logistics are trust worthy. You can completely have trust over the seller an be in contact with him. everything works good. Now only I heard about buying physical gold with bitcoin. I think it will be less expensive to buy with bitcoin than using a local currency.

I don't know where you could buy gold for Bitcoin. It is definitely not safe to get it shipped though.

I didn't any jewellery stores or online jewelry shops not started to accept bitcoin to buy. May be any Jewellery maker and Gold business people adapt bitcoin in their business and establish means We have a chance to buy a gold for bitcoin in future atleast. Hope for the good.

you can also try this site http://www.bitgild.com/   the team is from netherlands and i read a lot of good rewiew

Yes they send home physical gold

Does bitgold even provide physical gold? I thought it was more like paper gold.

I would personally prefer to buy gold from local bank/stores which provide proof of authenticity and get it checked right away by gold testers.

Yes but is cheaper than bitstamp

Moro looks like heavily overpriced

Stay away from bitgold, they do not send the gold paid with bitcoin.

You can use bitstamp now, or https://www.moro.si, are the bitstamps providers and is cheaper

I personally bought from:

http://www.providentmetals.com/

and

https://veldtgold.com

All was smooth and fast

You can drop them an email and check availability of items you want to buy

Provident has a huge selection of coins and bars

Coming from you it means it's not a good option.

That's too bad. I wanted to diversify my investment and was hoping for some party's where i could buy gold with bitcoin.

Why are you buying gold rather than holding bitcoin for other price jump?..

I have used Provident Metals twice to buy silver with bitcoins (bitcoin faucet earnings) and it has been a smooth transaction for me.  

Why invest in physical gold just now? If it continues the downtrend, probably goes under 1000$ and then could return to 650-700$ too. I think gold is quite risky now. I'm on market since 1999 , when I was 20 years old!

So, if you would an advice, stay away from gold till it don't touch 1000 $ and rebound almost to 1200 and over. ( wait after wedding time in India.... )



** Actually in my shop I sell a lot of steel jewels and less gold thing. People appreciate brand steel jewels because they are cheaper than gold

Wow, very informative thread! Ive just spent almost 2 hours checking out all the sites listed here

The Marketplace Goods board on this forum...here's a listing for WTS Gold -> https://bitcointalksearch.org/topic/wts-27-of-gold-for-25-1171944

There are others, this is just one I found in a search.

Why you recommended on ebay ? What a special feature that ebay have ..

On ebay

How to they send me it.Is it safe for me?

Try https://www.bitgold.com

I have found a few older posts in the marketplace forum stating that they will sell gold and silver, but are there any escrow services that will hold my BTC until I receive the goods?  If so, please post them here or PM me.

You can buy those by using IEC, Iec is an alternate crypto currency that selling gold and silver for a cheap price, you can find the thread on altcoin section. Cheers 

Since its establishment in 2008, the online payment system known as Bitcoin has enabled millions of customers to make and receive payments without the involvement of any banks or credit/debit card companies. The popularity of this payment method stems not only from the convenience of its transaction process, but also from the currency it uses, the bitcoin. The bitcoin serves as the single uniform piece of currency within the system, and enables people from different nations to make their purchases without having to concern themselves with current exchange rates. Understandably, it has become a popular means of payment among businesses that deal internationally, including precious metals dealers.
you may check this one : http://www.jmbullion.com/investing-guide/buying-physical-metals/bitcoin/

I thoroughly checked out both the websites they don't really sell any gold as such .Pesobang doesn't deal with gold at all and the other site has affiliate sellers who sell gold coins and stuff which are hardly to he trusted .It would be better if we actually had a official approved gold trader .

Kind of a redundant post but if you haven't read the other very similar thread to this one, I have a few gold bars that I got from Amagi metals (with BTC) that I would like to now sell (for BTC) if anyone is interested just let me know I'll get some photos taken. 

I have used provident metals and paid with BTC before.  It was just as easy as dealing with cash or charge in any other store.  There is never an issue with their orders and if you ever need to contract their customer service, they are very friendly and like to help.

have you used provident metals?

They are a large and highly reputable online (but based in the us) pm dealer.  I have used them before, just havent paid with btc yet.  They give a 3% discount off the "list price" when paying with btc, but a 4% when paying with cash/check.

Hi! is this thread still open?

Hi guys im new in this forum, hoped this forum will increase my knowledge in BTCs, then i saw this thread.

i actually have real Gold nuggets here, will upload some photos if this thread is still open.

for interested buyers, you can contact me by sending me a message on my email [email protected]

PM me for a skype conversation. thx!

I agree with this statement on Amagi...  I have used them for nearly 5 years and have just recently stopped.  Communications with their employees have shown that even they are distancing themselves from Amagi.  There is no crypto accepting precious metals dealer I would recommend at the moment. 

I would advise you to use gyft.com to get an eBay gift card and then purchase your gold on eBay.  That is the only method I would trust currently.

Amagi Metals has gone AWOL so I would definitely not recommend them.  They aren't accepting bitcoins for payment anyway and haven't for months.  Their presence has been absent from the bitcointalk community for months as well.

www.providentmetals.com has been very reliable for me and ship out in-stock inventory pretty quick.  You can also reach a live human in customer service unlike most other metals dealers that take bitcoin.

I do not know about it but try to check here
https://autrading.co.uk/home.php

its had value for millennia actually.

With that said the price of gold has kind of plummeted from its high of $1900 a few years back, although that was probably a manipulated high in the first place...

comparing gold to btc, well I dont think there is any comparison.  btc is still in its infancy, and has a LONG road to go until it can be comparable to gold.

Yes, it has been considered valuable for centuries, so it is not likely that its price plummets. Bitcoin has potential, but also mucho more risks

gold is better than bitcoin

Do a search in internet, find all the sites which buy gold for bitcoin and then do separate search for every site about their reputation. Then try to buy a little amount at the most credible. If everything go good repeat the same thing increasing a little the amount every time you buy. It is most usable way to realize your aim.

snarlpill is spot on with all the above...

I've got two 1/10oz gold Kangaroos for sale here if you're interested! (shipping from US)

https://bitcointalksearch.org/topic/sold-1127742

Look here:
https://gold.all4btc.com/shop/

I would definitely listen to markj113's advice for gold dealers across the pond, as he's got a pretty badass gold stack himself & seems to be a pretty knowledgeable buyer. It sucks you guys can't order from a US dealer without paying a ton for shipping, and then VAT on top of that. Though I'm not sure, gold might be VAT-free, but silver and other PMs are still taxed? Correct me if I'm wrong.

My personal recommendations for buying Precious Metals with Bitcoin, that I have personally used and all are very reputable: Provident Metals, Silver Gold Bull, ShinyBars, and last but definitely not least- PMsForSale. Though my recommendations are mainly for US/Canada, check with them as I believe some ship internationally.

Though Amagi Metals was one of the first PM dealers to accept Bitcoin, and I have had a good experience with them in the past, I would strongly suggest Not buying from them until they get some recent problems taken care of. Sadly I've seen many reports in the past few months about people waiting months for orders to ship and poorly handled customer service.

https://autrading.co.uk/home.php

I had had jmbullion ship to Canada in the past and would certainly recommend it for buying gold.
You could also try out bitgild. I have heard people buying from that as well.

I entered a signature design contest of this company:
http://gcx.io

They seems legit and can ship gold to you. This is the main thread on bitcointalk:
https://bitcointalksearch.org/topic/ann-new-bitcoin-fiat-to-gold-exchange-gcxio-pay-with-gold-grams-1128279

I've used them before and there were no problems.   You can also look into http://www.jmbullion.com/ although I've never used it personally before so I can't really vouch for them.

You can buy Gold and some other metals from Amagimetals, they are trusted and people have posted good experiences with it before.
 
www.amagimetals.com

And is it safe to have it shipped?