Dank Metal - Silver for BTC @ $30/oz - Updated 12/12/12

[dank]

Gold:
1x 1/4 oz 2012 Liberty coin

Silver:
12x 1 oz .999% American Eagle silver proof dollar - $42.0
1x 1 oz .999% 1882 Morgan dollar - 4 BTC
1x 2 oz .999% Buffalo round - 5 BTC
1x 1 oz .999% 2001 Tooth fairy - 2.5 BTC
6x 1 oz .90% 1964 Kennedy half dollar - 1 BTC
4x 1 oz .90% 1953-63 Benjamin half dollar - 1 BTC
2x 1 oz .90% 1941-43 walking liberty half dollar - 1 BTC
1x 1 oz .999% A-Mark domino - 2.5 BTC
1x Proof Silver Dollar US Mint - 3 BTC
1x 8 oz .999% 1995 Silver Eagle coin - 19 BTC
20x 1 oz 90% 1964 Kennedy half dollar
2x 1 oz .999% 2012 Liberty dollar

New & final stock 12/12/12:



10 ounce 2012 bullion in airtight case.





Have sold a half ounce of gold before, can provide references.

[danieldaniel]

I thought it was 4 bitcoins.  XD

[WhitePhantom]

I thought it was 4 bitcoins.  XD

That's what the title of the thread indicated to me. Say "for" to remove the ambiguity.

[SkRRJyTC]

What is the weight, in grams, of the half pound round?

[dank]

I thought it was 4 bitcoins.  XD

That's what the title of the thread indicated to me. Say "for" to remove the ambiguity.

Marketing tactics.

What is the weight, in grams, of the half pound round?

I guess 8 oz x 28.35 grams would be 226.8 grams.

[SkRRJyTC]

I thought it was 4 bitcoins.  XD

That's what the title of the thread indicated to me. Say "for" to remove the ambiguity.

Marketing tactics.

What is the weight, in grams, of the half pound round?

I guess 8 oz x 28.35 grams would be 226.8 grams.

I only ask because there is a difference between a pound and a troy pound.  Thanks

Will you accept the use of escrow?  Who pays shipping?

[SaltySpitoon]

I know the Silver Eagle is 6 Oz Troy (1/2 Troy lb) so 6 x 31.1 = 186.6 grams

Either way, the price is where it should be I believe.

[DobZombie]

Shipping to Australia for either one?

[dank]

I can ship international, will have to add the shipping cost to the price (not sure how much it costs).

[dank]

I know the Silver Eagle is 6 Oz Troy (1/2 Troy lb) so 6 x 31.1 = 186.6 grams

Either way, the price is where it should be I believe.

You're right, thanks. Edit: Just looked at the certificate, it's 8 troy ounces.

Offers will be considered.

[SaltySpitoon]

I know the Silver Eagle is 6 Oz Troy (1/2 Troy lb) so 6 x 31.1 = 186.6 grams

Either way, the price is where it should be I believe.

You're right, thanks. Edit: Just looked at the certificate, it's 8 troy ounces.

Offers will be considered.

Sorry about that, I had one a while back, and it was 6 troy oz I believe, after doing a bit of looking into it, It looks like some are 6 troy oz and some are 8 troy oz?

http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Number=4542108

either way, I'm tempted 

[dank]

No worries.

[dank]

[repentance]

Hope you realise that dealers in silver and gold - including coins - are required to report transactions over $600 to the IRS as of 1 January this year and that if you're selling them as an individual you're required to report any profit you make on the sale as a capital gain.

[MrTeal]

Hope you realise that dealers in silver and gold - including coins - are required to report transactions over $600 to the IRS as of 1 January this year and that if you're selling them as an individual you're required to report any profit you make on the sale as a capital gain.

Didn't you know, the IRS is accepting love instead of money for tax purposes.

[SaltySpitoon]

Hope you realise that dealers in silver and gold - including coins - are required to report transactions over $600 to the IRS as of 1 January this year and that if you're selling them as an individual required to report any profit you make on the sale as a capital gain.

Sorry to be fueling conversation in this sort of thread, but I'm curious. What law is this? I've worked pretty closely with my local silver dealer, and in the U.S, depending on what state you are in, there is either no tax on Silver/Gold, no tax if you purchase more than $500 worth, or no tax if you purchase more than $1000 worth.

[repentance]

Hope you realise that dealers in silver and gold - including coins - are required to report transactions over $600 to the IRS as of 1 January this year and that if you're selling them as an individual you're required to report any profit you make on the sale as a capital gain.

Didn't you know, the IRS is accepting love instead of money for tax purposes.

Funny how dank isn't accepting love instead of money for his coins or paying his rent with love.

Sorry to be fueling conversation in this sort of thread, but I'm curious. What law is this? I've worked pretty closely with my local silver dealer, and in the U.S, depending on what state you are in, there is either no tax on Silver/Gold, no tax if you purchase more than $500 worth, or no tax if you purchase more than $1000 worth.

It looks like it's an amendment to the Patient Protection and Affordable Care Act (I've never understood why US laws contain clauses that are totally unrelated to the purpose of a particular legislation).

The act now also requires dealers to report transactions of goods and services that exceed $600 by using Form 1099. The requirement goes into effect as of January 1, 2012. Gold, considered a precious metal, falls under this category. The Joint Committee on Taxation, as reported by ABC News, estimates the new reporting requirements will allow the government to collect $17 billion in previously uncollected taxes over 10 years.

Gold coins are considered a capital asset -- something that cannot be converted quickly into cash. Any gain or loss gold sustained during a sale is considered to be a capital gain or loss. The taxpayer must report the proceeds noted on the 1099-B as a capital gain on his annual tax filing.

http://www.ehow.com/info_7917671_government-buying-selling-gold-coins.html

The dealer doesn't need to collect tax on the sale from what I can see, they only need to report the sale to the IRS and the onus is on the buyer to include any capital gains in their tax return.

[SimpleMan]

Just sent payment to Dank for :

2x 1 oz .999% 2012 Liberty dollar

Seller said he will ship out tomorrow.

Thank you

[SaltySpitoon]

Just sent payment for the half pound Silver Eagle

set to ship tomorrow  

thanks Dank

edit* Figured I'd at least be a customer if I was going to accidentally threadcrap.

[Qoheleth]

What are the dimensions of the dragon bar? Also, are you amenable to escrow?

I'm not committing to anything - just putting feelers out.