[AUCTION #2] 15x Denarium 1 BTC Physical Bitcoin

Description: Auction for 15x 1 BTC Physical Bitcoin
Starting bid: 0 BTC
End date and time: Wednesday 4th of November at 20:00 UTC and when there have been no new bids in 3 minutes
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 second of three auctions and there is a total of 15 coins on sale. The results of the 1st auction are here.

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 unique A series hologram (auction) and have it either as empty or loaded. Or a L series hologram (loaded) in which case you will have to 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 A & M series to the US, but E series and empty A & M series we can.

Shipping cost

Shipping is paid IN ADDITION to the auction price. Price can vary from 14-60 EUR depending on where we need to ship. Finland is cheapest at 14 €. For most European countries it will be 25 € and also for some Asian countries but for some it will be as high as 60 €. UK, Germany, US and Canada is 55-60 €. It is possible to combine shipping if you have other orders from Denarium.com or other Denarium auction wins, so keep that in mind. There is also a Group Buy option which you can use to get cheaper shipping.

Serial numbers

We are reserving 50 serials from each series for these auctioned 1 BTC coins. For the A series it will be 1-50. 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 L4002. Then if the 2nd largest bidder chooses E, that will be E1002. And then if 3rd bidder chooses L, that will be L4003. 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. Serials that have already been chosen based on the 1st auction:

A1-13
L4000-4001
E1000-1001
M1-3

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 15 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".

Each winner will pay exactly the amount that they bid. Meaning that if the highest bidder bid 1 bitcoin and the lowest winning bidder bid 0.4 bitcoin, then the highest bidder will pay 1 bitcoin for his coin and the lowest winning bidder will pay 0.4 bitcoin for his.

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 (A, 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 ask in the thread and I will answer.

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!

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Zouppen @ 0.15
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