[AUCTION] 20x Denarium 1 BTC Physical Bitcoin

[Technomage]

Description: Auction for 20x 1 BTC Physical Bitcoin
Starting bid: 0 BTC
End date and time: Wednesday 28th of October at 20:00 UTC
Payment methods accepted: Bitcoin
Additional information: Read below

We have launched our new product line and we are going to auction the first 50 coins from our 1 BTC Denarium Series of 2015. The total batch is 250 coins and the rest (200) will be on sale at Denarium.com later on based on the auction prices. This is the first of three auctions and there is a total of 20 coins on sale.


This is a concept picture. Actual coin may look slightly different.

General information

You are ONLY bidding for the coin itself, not the bitcoin value inside the coin. If you win a coin, you can choose a L series hologram (loaded) in which case you will pay 1 BTC extra on top of the auction price. Or you can choose an E series hologram (empty) in which case the auction price is what you pay for the coin. You can also choose a M series hologram (multisig) in which case you will need to send us a public key / address later on.  For multisig there is no extra cost for the auctioned coins. M series coin can be either empty or loaded, you choose.

It is important to note though that we can't ship L series or loaded M series to the US, but E series and empty M series we can.

Shipping cost

Shipping is paid IN ADDITION to the auction price. Price can vary from 11-64 EUR depending on where we need to ship. Finland is cheapest at 11 €. For most European countries it will be 25 € and also for some Asian countries but for some it will be as high as 60 € for shipping. US and Canada is 60 € for example. It is possible to combine shipping if you have other orders from Denarium.com or other Denarium auction wins, so keep that in mind.

Serial numbers

We are reserving 50 serials from each series for these auctioned 1 BTC coins. For the L series it will be 4000-4049. For the E series it will be 1000-1049. For the M series it will be 1-50. Highest bid gets the lowest serial. So if the best bid winner chooses a L series, that coin will be L4000. Then if the 2nd largest bidder chooses E, that will be E1000. And then if 3rd bidder chooses L, that will be L4001. And so on.

As the bidders do not need to state which series they are going to choose when bidding, it is impossible to bid for a specific serial unless you are the highest bidder of all in which case you will get the first serial of the series you choose.

Shipping date

The coins will be shipped in January 2016.

How to bid

You can bid for any amount of coins from 1 coin to 20 coins. The format is "2 @ 0.5" which means "I'm bidding for 2 coins, 0.5 bitcoins each". If you want to bid for one coin only, post "1 @ 0.5". If for all of them, post "20 @ 0.5". The auction is conducted by using 2 decimals only. So you can bid "2 @ 0.51" but DO NOT bid "2 @ 0.511".

Auction rules

- When you post a bid, the bids in your previous posts are considered to be automatically canceled. You can put multiple bids in one post, however.
- All bid prices must be evenly divisible by 0.01.
- If two people bid at the same price, the person who bid first will be first in line to win a coin.
- Bids are considered invalid and will be ignored if they do not specify both a price and a max quantity, or if they could not possibly win any slots
- Winning bidders must inform me within 24 hours after the end of the auction which Series (L, E or M) they are choosing and which country the coin will be shipped to. Then the winner has another 24 hours to pay the full auction price.

If these rules are confusing, please PM me for clarifications and I will explain and potentially update the OP.

I reserve the right to reject bids, even days after the bid is made. If bids are rejected for any reason, the next bids in line that didn't win originally, will come into play and will have a chance to buy a coin.

Important: Auction payments should ONLY be paid through this BitPay Checkout page: https://bitpay.com/m/750380/checkout. Do not, under any circumstances, make payment to a Bitcoin address sent by PM.

Good luck!

[1713496518]

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[1713496518]

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[1713496518]

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[miffman]

These look fantastic, I will definitely be watching this auction

I'll start at 20 @ 0.01

[wttbs]

2 @ 0.25

[minerjones]

So overall, this is a per coin auction?
So even if someone bids for all 20 at say $1 and I bid $1.10, I would win?

Well whatever it is,

1 @ 0.1BTC  or (20 @ 2BTC)

Thank you

[wttbs]

So overall, this is a per coin auction?
So even if someone bids for all 20 at say $1 and I bid $1.10, I would win?

Well whatever it is,

1 @ 0.1BTC  or (20 @ 2BTC)

Thank you

with 20 @ 2 BTC you will bid for 20 coins 2 BTC each = 40 BTC 

[minerjones]

So overall, this is a per coin auction?
So even if someone bids for all 20 at say $1 and I bid $1.10, I would win?

Well whatever it is,

1 @ 0.1BTC  or (20 @ 2BTC)

Thank you

with 20 @ 2 BTC you will bid for 20 coins 2 BTC each = 40 BTC 

Aww man.... I am just a bit "what what?"
I got confused on the wording.
Cancel that 20@2  and guess already outbid on the 0.1BTC..... oh well. next time

Thanks

[Mitchell]

1 @ 0.2

[wttbs]

So overall, this is a per coin auction?
So even if someone bids for all 20 at say $1 and I bid $1.10, I would win?

Well whatever it is,

1 @ 0.1BTC  or (20 @ 2BTC)

Thank you

with 20 @ 2 BTC you will bid for 20 coins 2 BTC each = 40 BTC 

Aww man.... I am just a bit "what what?"
I got confused on the wording.
Cancel that 20@2  and guess already outbid on the 0.1BTC..... oh well. next time

Thanks

You are still in the race with 1 @ 0.1 BTC

[wttbs]

[coin][member]@[price]
01 wttbs @ 0.25
02 wttbs @ 0.25
03 Mitchełł @ 0.2
04 minerjones @ 0.1
05 miffman @ 0.01
06 miffman @ 0.01
07 miffman @ 0.01
08 miffman @ 0.01
09 miffman @ 0.01
10 miffman @ 0.01
11 miffman @ 0.01
12 miffman @ 0.01
13 miffman @ 0.01
14 miffman @ 0.01
15 miffman @ 0.01
16 miffman @ 0.01
17 miffman @ 0.01
18 miffman @ 0.01
19 miffman @ 0.01
20 miffman @ 0.01

[Mitchell]

Thanks wttbs!

[Pistachio]

1 @ 0.1BTC
and
3 @ 0.07BTC
and
5 @ 0.05BTC

Watch out BTC price is on the rise .

[wttbs]

[coin][member]@[price]
01 wttbs @ 0.25
02 wttbs @ 0.25
03 Mitchełł @ 0.2
04 minerjones @ 0.1
05 Pistachio @ 0.01
06 Pistachio @ 0.07
07 Pistachio @ 0.07
08 Pistachio @ 0.07
09 Pistachio @ 0.05
10 Pistachio @ 0.05
11 Pistachio @ 0.05
12 Pistachio @ 0.05
13 Pistachio @ 0.05
14 miffman @ 0.01
15 miffman @ 0.01
16 miffman @ 0.01
17 miffman @ 0.01
18 miffman @ 0.01
19 miffman @ 0.01
20 miffman @ 0.01

[wttbs]

[coin][member]@[price]
01 wttbs @ 0.25
02 wttbs @ 0.25
03 Mitchełł @ 0.2
04 minerjones @ 0.1
05 Pistachio @ 0.01
06 Pistachio @ 0.07
07 Pistachio @ 0.07
08 Pistachio @ 0.07
09 Pistachio @ 0.05
10 Pistachio @ 0.05
11 Pistachio @ 0.05
12 Pistachio @ 0.05
13 Pistachio @ 0.05
14 miffman @ 0.01
15 miffman @ 0.01
16 miffman @ 0.01
17 miffman @ 0.01
18 miffman @ 0.01
19 miffman @ 0.01
20 miffman @ 0.01

oeps, small type-o

[coin][member]@[price]
01 wttbs @ 0.25
02 wttbs @ 0.25
03 Mitchełł @ 0.2
04 minerjones @ 0.1
05 Pistachio @ 0.1
06 Pistachio @ 0.07
07 Pistachio @ 0.07
08 Pistachio @ 0.07
09 Pistachio @ 0.05
10 Pistachio @ 0.05
11 Pistachio @ 0.05
12 Pistachio @ 0.05
13 Pistachio @ 0.05
14 miffman @ 0.01
15 miffman @ 0.01
16 miffman @ 0.01
17 miffman @ 0.01
18 miffman @ 0.01
19 miffman @ 0.01
20 miffman @ 0.01

[Chris_Sabian]

5 @ .06

[wttbs]

  maybe OP can update the bids from now on 

[Mitchell]

[coin][member]@[price]
01 wttbs @ 0.25
02 wttbs @ 0.25
03 Mitchełł @ 0.2
04 minerjones @ 0.1
05 Pistachio @ 0.1
06 Pistachio @ 0.07
07 Pistachio @ 0.07
08 Pistachio @ 0.07
09 Chris_Sabian @ 0.06
10 Chris_Sabian @ 0.06
11 Chris_Sabian @ 0.06
12 Chris_Sabian @ 0.06
13 Chris_Sabian @ 0.06
14 Pistachio @ 0.05
15 Pistachio @ 0.05
16 Pistachio @ 0.05
17 Pistachio @ 0.05
18 Pistachio @ 0.05
19 miffman @ 0.01
20 miffman @ 0.01

[i.o.]

1 @ .07

[Technomage]

Just a small note from me. For one, I can't update the OP any longer. Which means that all the updates about the current bid status are much appreciated!

The other thing is that I forgot to put the concept picture of the back of the coin to the OP. So here it is:

[Mitchell]

[coin][member]@[price]
01 wttbs @ 0.25
02 wttbs @ 0.25
03 Mitchełł @ 0.2
04 minerjones @ 0.1
05 Pistachio @ 0.1
06 Pistachio @ 0.07
07 Pistachio @ 0.07
08 Pistachio @ 0.07
09 i.o. @ 0.07
10 Chris_Sabian @ 0.06
11 Chris_Sabian @ 0.06
12 Chris_Sabian @ 0.06
13 Chris_Sabian @ 0.06
14 Chris_Sabian @ 0.06
15 Pistachio @ 0.05
16 Pistachio @ 0.05
17 Pistachio @ 0.05
18 Pistachio @ 0.05
19 Pistachio @ 0.05
20 miffman @ 0.01
I can vouch for i.o. by the way. He bought some silver wallets from me.

[ezeminer]

5 @ 0.07