Bitcoin Forum

Cancelled due to lack of interest. Refunds issued.


Due to popular demand, I have decided to start the process of organizing a pre-order of Bitcoin Bars! Please read through all details before committing to a purchase. All 25 pieces have to be purchased via down-payment prior to moving into production. Production estimated at 6-8 weeks.

(2015) Limited Edition of 25 Bitcoin Bars each made out of 5 Troy Ounces of .999 Fine Silver:

EDIT: Numbers 1-12 will have gold highlights, numbers 13-25 will be silver without highlights.
 
These bars will each come unfunded with a brand new edition numbered hologram for customer placement on the bar. The customer can add a private key if they desire to add funds to the physical piece.

PRE-ORDER ONLY - Cost for 1 bar is $350 plus shipping. To reserve your bar by number, a down-payment of $200 is required with the remaining $150 plus shipping balance due prior to shipment once minting is complete (estimated 6-8 weeks after completion of pre-orders). Down-payment is refundable until orders are filled. NOTE: Once project moves into production, down-payments are no longer refundable.

Mockups are in the design stage but below are 3 different general layout options - Brain, Sun and Mining (please excuse poor quality but these are just rough drafts).


Payed reservations:

With Gold Highlights
1. My son
2. bithalo  
3. miffman
4.
5.
6.
7.
8.
9.
10.
11.
12.

Without Gold Highlights
13. My son
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.  

Hmm gold bars.....very tempting indeed :) 400$...hmm.... :)

Actually they are 5 troy ounces of .999 fine silver but will have gold highlights.

Can you post the mockup when finished.

Yes, of course!

Also, per suggestion by bithalo, I have edited the price point to $350 per bar and am not including insured shipping out of the gate. Shipping expense will have to be paid by the customer prior to shipment on the back end and will be no more than $50 - probably closer to the $25-$35 range depending on US versus International.

Added general mock-up layout to OP. Will have more refined images as I finish working with the mint.

A very nice idea, but I don't like unfunded stuff.  :(
 If you make a funded bar, l'll buy it.

Unfortunately, being in the US, it is illegal for me to create a funded bar without getting a money transmitters license - very expensive and time consuming process.

Personally I think its best to buy unfunded coins/bars, etc.  Its cheaper to buy them since you're not paying for the cost of the bitcoin, and you can always fund them yourself.  If they're DIY, as appears in this case, you can also trust that the private keys are safe.  All of F*D have been unfunded up to this point I believe.  

I will say that if DIY, then its harder to resell to anyone else if there's bitcoin loaded, since someone else has to trust that the individual didn't compromise the private key as opposed to the coin maker, so it can affect the resale market, if loaded.


So far, I like #2 better. 

Any rough idea what the dimensions will be?  I believe the Casascius bar was 80 mm x 40mm x 6mm.   

In that general ballpark. I am in discussion with a couple of mints to insure the best quality product for the best price and size is not 100% standard. Response from one mint is:

Once again I will say it, preorder model where the project will not ever get completed unless all preorders fund the project is in my opinion, immoral.

Expecting your customers to fund your project and then pay you a cut to me isn't right.

No offense, in my opinion either you need to find another source of funding or you need to fund it yourself.

A few words: Coinographic, BFL...

Wow very nice looking designs and cool designs.  Commenting to keep tabs on this thread and potentially interested.

OK Thanks.  Doing the math, if thats inches, then 66mm x 35mm x 7 mm.  

Personally, I'd prefer the Length and Width to be larger at the expense of the Depth.  In the end I realize it depends on what the mints can do and what plastic cases and leatherette box they can fit in.

So your saying you don't want one?  :P

No offense taken and I understand your opinion and can't say I completely disagree. I do think 'immoral' may be a bit strong though but that's my opinion. Either way, not going to argue semantics. The bottom line is that this is a big project that I could (and will be finding a substantial portion of) fund on my own but am only willing to proceed with if the demand is present for the finished product. The only way I know of to insure this is to have people commit via pre-order.

Thanks! Curious which design people prefer...

Noted, thank you.

Your C of A will state if the pieces you have are funded. Initially they were all funded until FinCEN cracked down on Cassassius at which point f*D followed suit and changed the business model to unfunded.

Yes, unfunded. Sorry for the confusion but I always notate that pieces are 'unfunded' - extremely cautious to clarify this.

About the design. Can I suggest like 2 pickaxes like in an X shape with a BTC logo on top between the cross.

I'm also for making it a little thinner and a bit bigger.

I'll PM you again about payment shortly.

Ah, that is a very cool sounding design. Let me put something together :)

OK, I'm in.  Preordered and paid for #2 via your website.   Lets get this project started.

Payment confirmed, and so it begins :)

Godspeed!

Slight edit guys and gals. Will be running two versions of the bar in this batch. Numbers 1-12 will come with the gold highlights and numbers 13-25 will come without gold highlights. I will be charging the same to keep things simple.

Thank you for the idea bithalo! Now I have to buy 2 lol

Good idea.  Now these bars are even more limited in each version.  May have to consider getting one of each.  Decisions...

serious fucking ripoff.
you could buy over 20 oz's of silver right now for that price and be ahead of the game.

Lol

http://www.bbc.com/news/world-europe-31183733

$300 million??? You know how much paint and how many canvases you could buy for that and be ahead of the game?!

4 bars sold, only 21 left

9 available with gold highlights
12 available without gold highlights

Will both the silver and the gold highlight bars use the same design?   Of course, it adds cost to another die, so I'm assuming not.  If they are different, I might lean to getting one of each.

Does the mining picture show what the plating might be for the gold highlight version?

All of the bars will be the same design.

All of the text and art will be gold plated - will have the real mock-ups asap.

Edit: 3rd mock-up rough draft posted to OP btw.

What will be the purity of the gold plating and how many grains do you expect to plate on each piece?

My guess is that it week be 24k gold but it would be an insignificant amount of gold. Gold plating uses very little gold.

I want this to move forward as swiftly as possible, so..


bump?

Mock-ups updated on OP.

Refund received.

Thank you for trying to do this project.

Sorry to hear it didn't take off as planned :(

That's quite alright, thank you. Just trying to meet market demand and it just is't there for this particular product and price point at this time. I am putting together a 5" bullion bar alternative now that will be a plated piece like the Ether and DRK coins. Will be bigger and less expensive but a larger batch. Will see if we can hit the nerve of interest with more community members :)

New thread coming soon...

Looking forward to that.  Lets hope this works out.

cancelled due to an oz of silver not costing more than 20$ and you were ripping everyone off.

Please keep the trolling to yourself. If you have ever minted anything and know the costs of production, then you'd know that having custom minted items are expensive.

Who's trolling, I'm calling it like I see it. Stupidly overpriced for fools and their money

That's a shame. I posted in the original thread showing interest but I thought that a 5oz bar would be too expensive.
I'm still pro the idea of a 1oz/2oz bar/billion if the price is right.
Perhaps you could try a new thread and gauge interest on certain coins/bars which have a basic price guide.