Bitcoin Forum

MAY 3, 2020 AUCTION - 2013 LEALANA PHYSICAL 1 BTC COIN - CERTIFIED MS 66

***Carefully read this auction post in its entirety before bidding***

This auction ends Sunday May 10, 2020 at 3:00pm Mountain Daylight Time (UTC -6).

BIDDING AND PAYMENT

Minimum bid will start at 1 BTC. Bidding will be done in minimum increments of 0.005 BTC (all bids must be a multiple of 0.005). Bitcoin is the ONLY accepted form of payment for this auction. Please bid in the following format:

CORRECT FORMAT: "I bid 1.005 BTC"

INCORRECT FORMAT: "I bid 1.00123456 BTC"

Should bids come in within 5 minutes of the end of the auction, the auction will be extended by 1 minute increments between additional bids. This will be measured by the minute, not by the second. For example, if a bid comes in at 2:57 MDT (within 5 minutes of auction end), the auction will be extended by one minute to 3:01:00 MDT. If another bid comes in at 3:00:59, the auction will be extended to 3:02:00. If the next bid comes in at 3:01:01, the auction will be extended to 3:03:00. Official bid time records will be determined by the timestamp posted on your bid reply. Upon the auction end, I will announce the winner and declare the end of the auction.

THE COIN

One of 500 to be made, this is #12 in Lealana's series of 1 BTC physical coins, minted on a 1 oz silver coin with gold overlay.  The coin is still funded with the original 1 BTC.  This is a beautiful coin, the pictures while amazing don't do the coin justice.  The coin has been certified MS 66 by ANACS, and comes slabbed with the original certificate of authenticity. I am the original buyer, and had the coin slabbed after receiving directly from Smoothie.

Picture Gallery: https://postimg.cc/gallery/Qc5ZtM0

Coin address: 1BTCn3xp21AJCSAmNCeGWNjx1rU9Hpg3K6

ESCROW and SHIPPING

I have been in contact with both OgNasty and minerjones, and both have offered to provide escrow services for this auction for a 1% fee/gift. This 1% of the auction total will be split between myself and the winning bidder. This means that if you are the winning bidder, you will need to budget an additional 0.5% of the winning total for your share of the escrow. If you are the winner of the auction, please let me know your preferred escrow agent. If you would prefer a different escrow provider, please PM me before you bid so we can work out a mutually agreed upon third option. Other escrow providers can be found here: https://bitcointalk.org/index.php?topic=2439910.0

Shipping in the USA will be $30. This shipping cost will be added to the total of the winning bid after the auction ends. Shipping will be via USPS registered mail (which requires a signature upon delivery).

Shipping outside the USA will be managed by minerjones, who has offered to facilitate international shipping for this auction. The winning bidder can choose from USPS, Global Post, UPS, and Fedex. If you are the winning bidder and are outside the US, after the auction ends I will be in touch along with minerjones to coordinate shipping and cost. This cost will then be added to the total of the winning bid. I will ship the coin(s) to minerjones via USPS registered mail, after which he will send to you. Please be aware this method of shipping will take longer than conventional post, because of all these additional safeguards we are utilizing to ensure a successful delivery of your coin(s).

After working out shipping, upon successful payment to the escrow agent, your coin(s) will be shipped within 24 hours or as soon as reasonably possible.

Please do not send payment to any wallet address until shipping and escrow have been determined. Payment will be sent to the escrow agent's wallet; please refer to your selected escrow agent's escrow thread for their payment address.

Escrow arrangement, shipping arrangement, and payment are all due within 72 hours from the time the auction ends. Should the winner not honor their bid and not provide payment in that 72 period, the next highest bidder will be requested to honor their bid.

AUCTION WINNER INFORMATION:

If you win, please PM me immediately with all of the following information:

FIRST AND LAST NAME
STREET ADDRESS & BUILDING/SUITE #
CITY
STATE
COUNTRY
POSTAL CODE
PHONE NUMBER
EMAIL ADDRESS

~FINAL NOTE~

Please be aware, if you partake in this or any of my other auctions, please expect that you will receive fake PMs from impostors pretending to be me or anyone else involved in the auction, likely to try and get you to send coins to other addresses. Please be diligent and make sure you take all reasonable precautions to not get fooled by the inevitable scammers who will try and scam you, and me, and everyone else they can.

I bid 1 BTC

I bid 1.005

I bid 1.02 BTC

Hoping to get my old account back before I start bidding on things ( see: https://bitcointalk.org/index.php?topic=5245024.0 (https://bitcointalk.org/index.php?topic=5245024.0) ), but @minerjones, do you have any experience shipping from the USA to Australia? Obviously for things of this kind of value you want insurance, but I have heard it is hard to get for things of "digital" value.

I bid 1.03 BTC"

I bid 1.035

I will user minerjones for escrow and shipping

Watching

1.04

1.045

1.05

1.055

1.06

1.065

1.105

1.11

^^ This is the winning bid. ^^

PM me your shipping information and escrow preference, and we will be in touch with the details.  Thank you!

This auction is now closed.

Not to be a pain in the ass, because I am stupid and probably mis-understood something, but shouldn't this auction have ended at 9:01:00?

I see his point here.

https://i.imgur.com/kElkhZr.png

This bid should be invalid as it came in 49 seconds after the auction ended??

I agree, don't let the dude get the full set so he will sell me the silver dime

Crazy man, 1 minute late for the set

I'm sympathetic, because I wanted the full set! I forgot newbies could only post every 5 minutes though, and I'm still waiting for my old account to be returned to me :( I would have bought the copper membership even though I only have 3 more days to wait to get it back, but if wishes where horses and all that....

I bet he would probably pay a ton for the one coin he missed.


But who knows maybe this wtf guy has another lealana btc set  and will surprise us

Has OP contacted you yet r_a? Judging by his own specific rule set I would agree that the "winning bid" is invalid.

No, and I can't message OP due to this account being a newbie. Crossing my fingers!

EDIT: While also feeling bad for K-Paxian! And kind of guilty for bringing it up! But I really want it, lol

I'm sure K-Paxian or the selected escrow would be eyeing these threads so hopefully the proper bid is honored here.

OP could just claim newbie bid without verifying funds and K-Pax wins the set. I am biased because they did want the set and furiously bidding on all 4 lots.

True, and hard to argue if he does. For what it's worth before I bid I posted signed proof I am the owner of a 2013 account. But yeah, we are talking 49 seconds here, so although I really want it, I'm trying not to be too much of an ass about it, and will have no hard feelings whatever the outcome.

This is also class behavior for a newbie and definitely something that will fit in here long term :)

Hi, I figured I should chime in.  Per the rules in the auction post, "Should bids come in within 5 minutes of the end of the auction, the auction will be extended by 1 minute increments between additional bids."  There were four additional bids within the last five minutes, [two in the 2:57 minute, one in the 2:58 minute, and one in the 2:59 minute (mountain daylight time)], so by my math that extends the auction by four minutes, plus K-Paxian's bid extended it one more minute, so it really ended at 3:05.  Sorry if that confused anyone.

ahhh, OK that makes sense, sucks for me, but that's life. I'll keep an eye out for anything else you post, hopefully have my old account back so I can bid more than once every 5 minutes!

Thanks for explaining, I appreciate it :)

You should make it more clear..... the OP says nothing about multiple bids in the last 5 minutes.  Your example is for 1 minute extensions with only 1 extra bid per extension.


Your problem is the bold red word highlighted above.  

To make life easier on all involved.... I'd write it like this to avoid further confusion:

"Should bids come in within 5 minutes of the end of the auction, the auction will be extended by 1 minute increments for each and every additional bid in the last 5 minutes.  After the overtime period(the number of bids in the last 5 minutes) the auction will continue until there has not been a bid for 1 minute."

Then you need to give examples of both multiple bids in the last 5 minutes as well as what you have for just 1 bid in the last 5 minutes.  


Not sure why you just didn't follow the standard auction format used for the collectibles section.  When users try to do things different, it generally causes a sh**show.


Good luck with your sales, just hoping for a bit more clarity, especially if you are go to do things differently.

I think if you actually need to put up replies explaining the rules of your auction even after you have written them in black (and red and green) and white, then they simply weren't clear enough in the first place.

In future auctions, consider using the templates which we all use. That way we are all speaking the same language. If anything it just gets rid of any confusion.

You win some, you lose some, no hard feelings on my end. Hope you have some more good stuff to sell WTF! I need a gilt Casascius.....Although not going to lie, a bit terrified about posting something like that across the Pacific.