Lot 2:  10 @ 0.001

Great price.  Just hoping something pops off a 2014 tenth one of these days.   

There are ISO standards for just about every product, including precious metals, gems, jewellery, etc.

At a minimum your bars would likely not be eligible for any gold-backed IRA accounts as they bar itself does not contain both weight and purity stamps.

There could also be issues with respect to importation into various countries where a customs official or broker cannot properly determine a tariff value without both pieces of information being evident.  Yes, it has other documentation with it now, but assume 10 years from now when the paperwork is lost or no longer with the bar.  In theory these little beauties will outlast us all, so it should not have to rely on a degradable piece of paper always accompanying it to speak to its weight in gold.

Some countries may also have laws against importing bullion products without the proper stamping.  You'd probably just need to research to make sure you are in compliance with the laws of the countries you are shipping to.

Those are just some quick thoughts and reasons as to why it's an issue, besides simply not adhering to collector's expectations.  Also, if there was no room in the obverse or reverse for the weight, you could consider using the edges of the bar.

@technomage

If Denarium is not a profitable business, then you should honestly consider closing it down.  There is no reason to keep a company going that isn't profitable, or expected to be profitable at some point in the future, unless that business serves some greater humanitarian or societal need AND can at least be self-sustaining.  Minting physical cryptos is certainly not a humanitarian need and by your account it does not appear to be self-sustaining business model.  So why keep something going that is basically a losing proposition?  

Crypto fans will get along just fine with or without a Denarium.  Nice to have it as an option, but certainly not the end of the world for anyone if not.  To answer your question though, I have looked into it and decided not to mint physical crypto coins precisely because it is not profitable to do so.

So look, I buy Denarium's stuff.  There products are far from perfect (and rarely grade above an MS67) but I appreciate that there is a current option to purchase trusted physical tokens since Cas and Lealana are out of the game.  (By trusted I mean that everything they do seems to be in the light of day and you can always cross reference coins on their website)

That said, producing a 1oz .999 gold bar should have both weight and purity stamped on it.  Not having the weight is a huge miss in my opinion.

@technomage....you reference several times just getting "shit" from everyone.  I've seen a number of auctions that seemed to go OK.  So perhaps you are being a bit sensitive here?  Maybe best just to own up to some mistakes and say that you guys will work to improve things in the future.  If people pile on after that, then best to ignore and focus on making those improvements.

Also, with respect to pricing....I do think it is shameful to charge the crypto community such high premiums for items.  Yes, I understand that items are limited and time consuming to produce, but that's just how it goes.  I manufacture products (not crypto related) and I can tell you that time investment and limited quantities rarely have anything to do with price or sell through.  The market and consumers dictate the value of things based on utility, adoption, awareness, etc.   A modern 1 oz gold bar carrying a $1000 premium is truly beyond the pale.  So I would strongly urge you guys to reconsider that one.  Especially in light on not having the weight stamped into the bar itself.

So that was a long way of saying you are arbitrarily overpricing these.  Thank you for confirming.

It's also interesting to learn that you only give discounts to whales who can afford a "major order".  For the record I have ordered often (very recently in fact), not just once, and never received a code.  Guess I know why.

So you are pricing these bars on your website based upon auction prices realized here for the low edition number examples?  Shouldn't it just be cost plus a reasonable margin?  

Spot gold is around $1550 USD.  A $1000 USD premium is really excessive.  I could understand $400-$500, but $1000 for non 1-5 numbered bars feels excessive.  

Note that when you auction the 1/2 BTC gold coins, they typically go for something close to spot, but you still have them marked at a heavier premium on your site.

And for what it's worth, I have bought several items from Denarium over the past few years.  Happy to provide you the details privately to corroborate.  I've never been offered a discount code or coupon.  So not sure how that works.

The premiums that Denarium charges on gold products is crazy.  $2646 USD for a 1 oz bar??

And here I thought the US Mint's premiums were bad.

ICG has a specific grader assigned to crypto now, so we should see more consistency going forward with respect to the either MS or PR designations. Also, some crypto releases that are not specifically minted to be a proof coins may classify as "Proof Like", or PL, which is just to indicate that while they are not intentionally minted to be proofs they share some of the reflective surface qualities that proof coins do.

3 @ 1 LTC

Not even MJ as an escrow?  No offense OP, but I hardly think MJ would take the occasion of your 25 LTC to pull an exit scam from the board. 

Not blowing sunshine, but you could trust MJ with your private keys for the weekend.  Either way you should reconsider the escrow thing if you want any serious interest.

Request has been filled!  Locking the thread.

Looking for some 0.5 LTC Genesis coins.  Preferably the antique finish, graded or ungraded.  PM with pics and prices.

J

Nicely done!

1.60

1.40

Avast12 and I entered into an agreement where they were going to sell me a Lealana and Cas peeled coin.  I sent the deposit to their account, as agreed, and I was to pay the balance upon received.  PM's continued for a few days, but a tracking number was never provided and they have gone silent.  No tracking, no sign of the coins, no communication.

I will remove this thread if Avast12 provides a verifiable tracking number and/or I receive the coins, or I receive a refund of the BTC deposit.

JUPITYR

2 x CI BTC @ 0.017

1 x CI BTC @ 0.0150

2 x CI BTC @ 0.0150BTC