Gauging demand for next line(s) of physical coins - please vote!

[unamis76]

Voting for the Bitcoin bar...

[bithalo]

Not sure if you guys realize but running a small batch of 50 pure silver bars would be pretty expensive. The end price point for each would be around $250 for a 5 oz bar or $500 each for a 10 oz bar.

If this revelation didn't kill 99% of the interest in such a product I would be shocked - but this is why you do not see such a product in the market at this time. I am as always willing to do this but would have to go the preorder route as I would not be willing to devote this much capital into such a project - plus my wife would kill me lol.

Well Ognasty is selling 5oz silver rounds for 400$ each. At 250$ for a 5oz bar, that still sounds like a reasonable deal.

Thats true.  There were 20 or so preorders for the 5oz from Ognasty.   These are priced at $400.  So you may get some interest in a 5 oz or less solid silver bar.   And if gilt plated for just the B as well....that would be great.

[FiniteByDesign]

Ok guys. I have dove a little deeper into this to determine more accurate pricing. I think 50 pieces will be too many and take too long to get commitments to proceed so am thinking more along the 25 piece range. This means it will be a bit more expensive per piece as there will be less minted to absorb the overhead cost but will allow for quicker project funding/progression and of course the pieces will be more rare.

As I crunch the numbers more, it looks like pricing for this smaller batch would be closer to $325 per piece + shipping and handling. Each would come with a custom stamped leatherette presentation case, plastic protective capsule and also a new hologram design. I am thinking of requiring $200 down per piece on pre-order with the balance of $125 plus shipping and handling due when product is ready to ship.

Also, before it comes up, I would reserve #1 for my son.

Let me know if there is interest and if it sounds like enough, I will get some designs put together and start a formal thread.

[bithalo]

Ok guys. I have dove a little deeper into this to determine more accurate pricing. I think 50 pieces will be too many and take too long to get commitments to proceed so am thinking more along the 25 piece range. This means it will be a bit more expensive per piece as there will be less minted to absorb the overhead cost but will allow for quicker project funding/progression and of course the pieces will be more rare.

As I crunch the numbers more, it looks like pricing for this smaller batch would be closer to $325 per piece + shipping and handling. Each would come with a custom stamped leatherette presentation case, plastic protective capsule and also a new hologram design. I am thinking of requiring $200 down per piece on pre-order with the balance of $125 plus shipping and handling due when product is ready to ship.

Also, before it comes up, I would reserve #1 for my son.

Let me know if there is interest and if it sounds like enough, I will get some designs put together and start a formal thread.

How about if I name my first born "GATOR"...can I have #1? 

Seriously though, I'm in for one of these.  Would it be a 5 oz solid silver Bitcoin bar?   Maybe with a Gold Plated B?   Hmmm?

[AT101ET]

What about a 2oz bar? That would be cheaper to make and would then allow you to create a slightly higher mintage. You could still ask for down payments but they'd not be anything near the $325 total as less silver is being used.

[FiniteByDesign]

How about if I name my first born "GATOR"...can I have #1? 

lol, no 

Seriously though, I'm in for one of these.  Would it be a 5 oz solid silver Bitcoin bar?   Maybe with a Gold Plated B?   Hmmm?

Solid silver Bitcoin bar, yes. Gold plated B is doable of course but would probably add about $25 to the cost. Perhaps worth it?

What about a 2oz bar? That would be cheaper to make and would then allow you to create a slightly higher mintage. You could still ask for down payments but they'd not be anything near the $325 total as less silver is being used.

Good point, however a higher number minted would require more customers in order to complete the project. I think 50 customers at a lower cost (2 oz bar) may still be more difficult than 25 customers at the higher price (5 oz bar). Something to consider and open to feedback...

[tampazeus]

More Bitcoin bars are needed if you ask me.. cassicius only made a few and not enoughg

[bithalo]

I'm fine either way.  I do like the limited runs of 25 and I would like the bar to look nice.  Not sure how many ounces are needed for that Casascius bar look.  I like Gold highlights on Silver personally.   This could be a very special and unique piece that could prove popular.

[Blazed]

Voted on Bitcoin bars...coins are all over the place, but bars are not.

[miffman]

5oz with gilt BTC and some other gilt bits might look really good depending on design.

[FiniteByDesign]

Okay, okay... 5 ounce Bitcoin Bar project is under funding stage!

https://bitcointalk.org/index.php?topic=1043188.0