Bitcoin Forum

Economy => Goods => Topic started by: Hamuki on August 13, 2014, 08:34:52 AM



Title: Where to buy Silver for Bitcoin?
Post by: Hamuki on August 13, 2014, 08:34:52 AM
Hey BitcoinTalk!

EUROPE ONLY PLEASE.
Shipping from outside EU is so expensive.. And a lot of tax.. lol

I am looking for place to buy some Silver with my Bitcoins :)
It does not have to be some kind of special coin. Just the cheapest and pures Silver :)

~Hamuki


Title: Re: Where to buy Silver/Bronze for Bitcoin?
Post by: byt411 on August 13, 2014, 08:36:43 AM
Try Amagi Metals (https://www.amagimetals.com/), they've been around for quite some time now, and they have an excellent reputation. I'm not sure if they have bronze though.


Title: Re: Where to buy Silver for Bitcoin?
Post by: Hamuki on August 13, 2014, 08:57:47 AM
Okay, thanks :)

Will take a look there and see if something is interesting :)


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 09:13:12 AM
Are you looking for anything special? (marble, eagles etc.?)
How many Oz are you looking for?

I am located in E.U. and is willing to sell out a small amount from my silver stack if the price is reasonable.


Title: Re: Where to buy Silver for Bitcoin?
Post by: geoffreyqp on August 13, 2014, 09:14:18 AM
pretty sure amagi is usa based. but i've ordered from them twice, and A+ service


Title: Re: Where to buy Silver for Bitcoin?
Post by: Hamuki on August 13, 2014, 09:16:53 AM
Are you looking for anything special? (marble, eagles etc.?)
How many Oz are you looking for?

I am located in E.U. and is willing to sell out a small amount from my silver stack if the price is reasonable.

Well, it depends on the price.. I might even buy Copper if I can find it..
But I am just looking for the best price for the silver.. I dont need any special coins or something like that..
A small 10 oz bar or 5 oz bar could be cool to have..

Just not that easy to find people in EU that sells it for Bitcoin :/


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 09:18:07 AM
There are good precious metal sellers both in U.K. and Estonia, and they ship in all E.U. - but they do not accept BTC unfortunately.

Estonia is really the cheapest place to buy silver in E.U. since they have 0% VAT on silver, however they have a slightly higher premium.
Denmark is a good place to buy Gold since there is 0% VAT on gold (and 25% VAT on silver, strange world we live in).



Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 09:19:56 AM
Are you looking for anything special? (marble, eagles etc.?)
How many Oz are you looking for?

I am located in E.U. and is willing to sell out a small amount from my silver stack if the price is reasonable.

Well, it depends on the price.. I might even buy Copper if I can find it..
But I am just looking for the best price for the silver.. I dont need any special coins or something like that..
A small 10 oz bar or 5 oz bar could be cool to have..

Just not that easy to find people in EU that sells it for Bitcoin :/

I have coins only  :D

A piece of advice, be very careful about the bars, only buy from trusted seller.
Bars look cool, but they are hard to resell.

Coins have a higher premium, but they are also easier to resell, with the same premium.


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 09:31:56 AM
OT:
I have 3 x American silver Eagles 1 Oz (older dates, circulated condition, but in plastic capsule, pictures can be provided), $75 for all three.
Registered shipping in E.U. is about $20, total $95.

In current BTC rate: 0.17 BTC

Escrow is always welcome.


Title: Re: Where to buy Silver for Bitcoin?
Post by: Hamuki on August 13, 2014, 09:44:26 AM
OT:
I have 3 x American silver Eagles 1 Oz (older dates, circulated condition, but in plastic capsule, pictures can be provided), $75 for all three.
Registered shipping in E.U. is about $20, total $95.

In current BTC rate: 0.17 BTC

Escrow is always welcome.

Good thing is that we both live in Denmark.. lol..

But im not completely sure of what I wanna buy yet..
I kind of want a small 5-10oz bar of silver, or copper. Just not easy to find a legit place.. And if I buy silver from somewhere in EU.. Do I then have to pay another 25% of the price to get it into Denmark? I dont really know the Taxation rules for importing silver, copper and other metals.


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 09:48:58 AM
OT:
I have 3 x American silver Eagles 1 Oz (older dates, circulated condition, but in plastic capsule, pictures can be provided), $75 for all three.
Registered shipping in E.U. is about $20, total $95.

In current BTC rate: 0.17 BTC

Escrow is always welcome.

Good thing is that we both live in Denmark.. lol..

But im not completely sure of what I wanna buy yet..
I kind of want a small 5-10oz bar of silver, or copper. Just not easy to find a legit place.. And if I buy silver from somewhere in EU.. Do I then have to pay another 25% of the price to get it into Denmark? I dont really know the Taxation rules for importing silver, copper and other metals.

There is no VAT or Custom on any goods traded inside E.U.  

If you live in DK, then is the shipping price lower for my offer, since I ship from DK.
Also the possibility to meet up if you live in Copenhagen area.


The cheapest place to order silver in E.U. is Estonia, because of the 0% VAT.
https://www.libertysilver.ee/en/

If you want gold, then just go to tavex on central train station, they are legit and have most coins in stock, wont find a better deal than there, since you will save on the insured shipping by local pick up.


Title: Re: Where to buy Silver for Bitcoin?
Post by: Hamuki on August 13, 2014, 09:52:57 AM
Odense.. So not possible.. And I am not sure yet if I am going to buy or not..


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 09:55:39 AM
Odense.. So not possible.. And I am not sure yet if I am going to buy or not..


I can shipped tracked to Odense for 60 DKK with GLS.

I can source most type of coins for you (but not bars, I keep long away from them).
Let me know what you need, and I will send you an offer.

Cheers :)


Title: Re: Where to buy Silver for Bitcoin?
Post by: Hamuki on August 13, 2014, 10:00:07 AM
Im trying just to get a little bit of Silver just to have it...

I have 1.8787 BTC so I should be able to buy some :)
Questions is just what to buy at cheapest price, but still a good quality of Silver.


Title: Re: Where to buy Silver for Bitcoin?
Post by: byt411 on August 13, 2014, 11:36:09 AM
Odense.. So not possible.. And I am not sure yet if I am going to buy or not..


I can shipped tracked to Odense for 60 DKK with GLS.

I can source most type of coins for you (but not bars, I keep long away from them).
Let me know what you need, and I will send you an offer.

Cheers :)

Umm... I don't really understand, but why aren't bars good? Just because coins have more value and are more generally expensive?


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 11:47:16 AM
Umm... I don't really understand, but why aren't bars good? Just because coins have more value and are more generally expensive?

Not that they are bad, they are just easier to fake and harder to verify that they are real.
So as long as you get them from a trusted seller, then is all good (silver is silver after all).

But when you want to sell them again, then will the buyer most likely question if the bar is real.

Of cause there a many fake silver coins as well, but they are relatively easy to detect.


*Edit: of cause coins can have numismatic value as well  - that is a whole different story.
But for silver stacking, then will I prefer government issued coins any day :)

*Edit2: maybe one exception, I like the concept of Valcambi Bar's, if the whole fiat monterey system collapses, then will those 1g be pretty handy to buy basic goods as fuel and food. But of cause a 1 oz coins will just buy you a lot of fuel and goods instead.


Title: Re: Where to buy Silver for Bitcoin?
Post by: byt411 on August 13, 2014, 11:55:57 AM
Umm... I don't really understand, but why aren't bars good? Just because coins have more value and are more generally expensive?

Not that they are bad, they are just easier to fake and harder to verify that they are real.
So as long as you get them from a trusted seller, then is all good (silver is silver after all).

But when you want to sell them again, then will the buyer most likely question if the bar is real.

Of cause there a many fake silver coins as well, but they are relatively easy to detect.


*Edit: of cause coins can have numismatic value as well  - that is a whole different story.
But for silver stacking, then will I prefer government issued coins any day :)

*Edit2: maybe one exception, I like the concept of Valcambi Bar's, if the whole fiat monterey system collapses, then will those 1g be pretty handy to buy basic goods as fuel and food. But of cause a 1 oz coins will just buy you a lot of fuel and goods instead.

Oh, so you mean that they may just be a rock covered with silver? I get it.
But then why do governments stock up gold with bars? I assume they don't check every single bar?


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 12:27:01 PM
Oh, so you mean that they may just be a rock covered with silver? I get it.
But then why do governments stock up gold with bars? I assume they don't check every single bar?

Why would governments stack up gold bars?


Title: Re: Where to buy Silver for Bitcoin?
Post by: byt411 on August 13, 2014, 01:26:26 PM
Oh, so you mean that they may just be a rock covered with silver? I get it.
But then why do governments stock up gold with bars? I assume they don't check every single bar?

Why would governments stack up gold bars?


As far as I know, some countries still need to depend on their gold storage to print money, and that gold is stored in bars.


Title: Re: Where to buy Silver for Bitcoin?
Post by: TookDk on August 13, 2014, 03:31:21 PM
Oh, so you mean that they may just be a rock covered with silver? I get it.
But then why do governments stock up gold with bars? I assume they don't check every single bar?

Why would governments stack up gold bars?


As far as I know, some countries still need to depend on their gold storage to print money, and that gold is stored in bars.

I know we learned that in the school, but is a lie.

The gold backed up money system was replaced after 2nd world war with fiat, and ultimately killed in the 70ties by Nixon (if I remember right).
It is possible that some countries has gold backup, not that they need to since there is no such "dependency" in world economic.
All the significant world currency use fiat not backed by gold, especially U.S.

What scares me is that most people have not realized this...



Title: Re: Where to buy Silver for Bitcoin?
Post by: wafdawg on August 13, 2014, 06:23:39 PM
Oh, so you mean that they may just be a rock covered with silver? I get it.
But then why do governments stock up gold with bars? I assume they don't check every single bar?

Why would governments stack up gold bars?


As far as I know, some countries still need to depend on their gold storage to print money, and that gold is stored in bars.

I know we learned that in the school, but is a lie.

The gold backed up money system was replaced after 2nd world war with fiat, and ultimately killed in the 70ties by Nixon (if I remember right).
It is possible that some countries has gold backup, not that they need to since there is no such "dependency" in world economic.
All the significant world currency use fiat not backed by gold, especially U.S.

What scares me is that most people have not realized this...



Toke is right. The US gold in all likelihood was leased out by the banks and is gone. However, any country retaining their gold reserves in US borders like at the Fed Reserve will never ever see their gold again. Look at Germany. Gold held by central banks do not represent even half of the worlds gold so why we give them so much power I have no idea.

Nixon closed the gold window august 15, 1971. During WWII, the US amassed more than half the gold reserves of the world. Countries can buy back at a fixed US dollar price. When Charles De Gaulle suspected the US was printing more dollars than they claimed (exorbitant privilege of having world reserve currency), he started to repatriate gold and Nixon had to close the gold window or the dollar would've defaulted. Luckily for the US, a new scheme emerged, the petro dollar system which is being challenged today.