Bitcoin Forum

Economy => Goods => Topic started by: johnniewalker on February 09, 2013, 04:19:22 AM



Title: [CLOSED] 5.6 Grams of Silver: 0.13 BTC
Post by: johnniewalker on February 09, 2013, 04:19:22 AM
Mods: Please Close
Hi,
I just stumbled upon these. I have three Canadian dimes, the latest being from 1961. If you look, they are 80% Silver and weigh 2.33 grams. So,
2.33x3=6.99x0.8=5.592 grams (rounded up :)
Shipping is free. I'd just like to complete this small transaction so I can make up the difference and make an even number BTC bill :)


Title: Re: 5.6 Grams of Silver: 0.13 BTC
Post by: EricTyle on February 09, 2013, 03:01:56 PM
A little bit of math for anyone who may want to start collecting silver:

1g Ag = ~1$ USD
5.6g AG * 1$ = 5,60$
.13 BTC * 22.5$ = 2,925$ and he's including shipping


Title: Re: 5.6 Grams of Silver: 0.13 BTC
Post by: RandomQ on February 10, 2013, 12:03:47 AM
I'll Buy them....


Is this the address you want payment sent?
1GGsgMnBKrEs2oApLH7cargdeFkYNahgG8


Title: Re: 5.6 Grams of Silver: 0.13 BTC
Post by: str4wm4n on February 10, 2013, 12:57:49 AM
dang too late


Title: Re: 5.6 Grams of Silver: 0.13 BTC
Post by: johnniewalker on February 10, 2013, 05:43:19 AM
A little bit of math for anyone who may want to start collecting silver:

1g Ag = ~1$ USD
5.6g AG * 1$ = 5,60$
.13 BTC * 22.5$ = 2,925$ and he's including shipping
Right you are. I couldn't believe it took so long to get a response from anyone. If you can get Silver at $1/gram you're doing really well. And sorry, but someone got to me first via PM : (
I have more old Canadian/foreign coins to dig through, Ill post if I find any silver ones (likely), so look out for that!
Thanks


Title: Re: [CLOSED] 5.6 Grams of Silver: 0.13 BTC
Post by: EricTyle on February 10, 2013, 08:57:56 AM
I would have bought it because I am interested in making custom rounds soon; however, I am saving them up for a little something something for myself. ;)


Title: Re: [CLOSED] 5.6 Grams of Silver: 0.13 BTC
Post by: johnniewalker on February 10, 2013, 08:10:38 PM
I would have bought it because I am interested in making custom rounds soon; however, I am saving them up for a little something something for myself. ;)
If you're making custom rounds I highly recommend buying some scrap silver. I make my own bars/ingots, too. These coins were 80% Silver, which means 20% of them is not silver. Its an alloy of copper, and possibly nickel or zinc. What's easiest and most profitable I have found is 925 silver. Jewelry is made of 925 silver (Sterling Silver), and so there are tons of lots on eBay with broken jewelry, etc. Since its higher in silver content, it melts at a more reasonable temperature. Most silver rounds though are made of .999 silver. You can buy silver shot (tiny beads of .999 silver). Although, I have made some custom bars for people (they like the hand-poured look), and believe it or not the best way to obtain your silver for that is to go to your local coin store and ask to buy just one of the junk rounds they have for sale. At my shop these are priced 75cents over spot. It may seem weird/stupid to people to melt down already minted silver, but if you have a plan for it, why not. I would much rather have a hand-poured 3oz bar than 3 crappy old silver rounds. Although, you have to realize if you do that you are holding onto silver for the longterm, for investment-because people are hesitant to buy something that a professional mint hasn't made.
Anyways, good luck in your pursuit of creating custom rounds. I'd be interested in seeing what you come up with. Last piece of advice: use PLENTY of Borax. .999 silver especially likes to remain stagnant in the crucible. Borax is like PAM for your crucible. And buy it at the grocery store (detergent aisle) and not online as a "silver flux" ;) Good luck.


Title: Re: [CLOSED] 5.6 Grams of Silver: 0.13 BTC
Post by: EricTyle on February 10, 2013, 08:16:43 PM
Wow, thank you for all that information, I really appreciate it! :)

I would like to make a custom round mold of a bitcoin symbol, etc. Of course I'm not actually loading the coins with any bitcoins as that's been done already; however, it's the principle of having a dragon on a coin vs a baseball or something if that makes sense.


Title: Re: [CLOSED] 5.6 Grams of Silver: 0.13 BTC
Post by: johnniewalker on February 11, 2013, 04:58:12 AM
Wow, thank you for all that information, I really appreciate it! :)

I would like to make a custom round mold of a bitcoin symbol, etc. Of course I'm not actually loading the coins with any bitcoins as that's been done already; however, it's the principle of having a dragon on a coin vs a baseball or something if that makes sense.
Your best bet is a wax mold or green sand mold (check youtube). Basically you would have to create the BTC symbol out of cardboard or something similar and impress it inside a round cavity of the appropriate size. Or you can order a custom metal stamp, BTC would be pretty easy to have made. Or you could be super ghetto and get a regular metal stamp set, stamp a B and stamp 2 I's inside it lol.