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Author Topic: [SOLD] 1 oz gold coins for sale  (Read 2781 times)
Litecoin Gold Trust (OP)
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November 24, 2012, 02:32:38 AM
Last edit: December 01, 2012, 09:07:58 PM by Litecoin Gold Trust
 #1

https://i.imgur.com/kxxWW.jpg

I am selling the gold coins pictured above for the following prices plus shipping. All coins are 1 troy ounce. Send me a PM if you are interested in any or all of them. Prices are subject to change depending on exchange rates.

Updated (prices lowered) on 11/27/12

Panda: 153 BTC
Krugerrrand: 150 BTC
Buffalo: 151.5 BTC
Eagle: 151.5 BTC
Maple Leaf: 149 BTC

All 5 for 749 BTC.

Coins are shipped by Registered Priority Mail, which costs 2.09 BTC.

I also have fractional Eagles and Maple Leafs available: 1/2, 1/4, and 1/10 oz. Let me know if you are interested. I will be listing them soon.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Litecoin Gold Trust (OP)
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November 25, 2012, 04:45:40 AM
 #2

Is nobody interested? I'm surprised.
J-Norm
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November 25, 2012, 11:27:18 PM
 #3

It is hard to sell valuable items when you are new. I have had some luck by sending first to well established members. Once you have some feedback you may have more luck.
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November 25, 2012, 11:50:25 PM
 #4

Gold is often a tricky sell online unless it is assayed or serialized like how PAMP ships.  It is much more cost effective to counterfeit gold then it is to counterfeit silver (not implying yours are fakes).  Right now my local coin shop is selling 1 oz rounds for about 1 bitcoin over your asking price and in my opinion I would rather buy local from a known source at that price difference.  Just my two pennies worth.
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November 26, 2012, 02:50:53 AM
 #5

Gold is often a tricky sell online unless it is assayed or serialized like how PAMP ships.  It is much more cost effective to counterfeit gold then it is to counterfeit silver (not implying yours are fakes).  Right now my local coin shop is selling 1 oz rounds for about 1 bitcoin over your asking price and in my opinion I would rather buy local from a known source at that price difference.  Just my two pennies worth.

I have found that after handling gold for even a short time that fakes are very obvious, I have most of the coins this guy is showing and I can tell you that the color and definition is all right. Just from the photo I can tell those are the real deal.

The fakes generally are not very good, they lack definition and are not even close to heavy enough. Silver is more often faked with success than gold is.

I agree with buying locally, but selling locally sucks around here. The only folks around want to give me 60%, ya right.
coinrolls2
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November 26, 2012, 10:00:11 PM
 #6

I'm interested in all 5 coins

I'd like to pay a little bit closer to spot, if you're are willing to give a price break for buying all 5.


I'd of course also like to use escrow, last time I was scammed was because of a fairly reputable member who sold gold supposedly getting his account hacked.

so if that sounds like something you could work with let me know.

CR 
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November 27, 2012, 09:55:40 AM
 #7

Gold is often a tricky sell online unless it is assayed or serialized like how PAMP ships.  It is much more cost effective to counterfeit gold then it is to counterfeit silver (not implying yours are fakes).  Right now my local coin shop is selling 1 oz rounds for about 1 bitcoin over your asking price and in my opinion I would rather buy local from a known source at that price difference.  Just my two pennies worth.

I have found that after handling gold for even a short time that fakes are very obvious, I have most of the coins this guy is showing and I can tell you that the color and definition is all right. Just from the photo I can tell those are the real deal.

The fakes generally are not very good, they lack definition and are not even close to heavy enough. Silver is more often faked with success than gold is.

I agree with buying locally, but selling locally sucks around here. The only folks around want to give me 60%, ya right.

As metal prices go up fakes get more and more advanced. If the coin was filled it would have the exact same luster and not be worth nearly as much. Even 1oz silver rounds are starting to be faked now.
Litecoin Gold Trust (OP)
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November 27, 2012, 08:18:11 PM
 #8

Updated (prices lowered)

Panda: 153 BTC
Krugerrrand: 150 BTC
Buffalo: 151.5 BTC
Eagle: 151.5 BTC
Maple Leaf: 149 BTC

All 5 for 749 BTC.
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November 27, 2012, 11:17:26 PM
 #9

As metal prices go up fakes get more and more advanced. If the coin was filled it would have the exact same luster and not be worth nearly as much. Even 1oz silver rounds are starting to be faked now.

I agree about outer apearances. But no fake gold coin will pass a set of calipers and scales. In theory tungsten could be used as a filler but so far there have been zero credible reports of anything as small as a 1oz coin being filled with tungsten mostly due to how hard it is to work the stuff.

With large bars, like 100oz and up tungsten is a concern. People are using ultrasound to see if the bars are consistent throughout.

Silver 1oz have been faked and faked very well for a long time. Unlike gold they can get the density just right by the right mix of base metals.
Litecoin Gold Trust (OP)
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November 29, 2012, 04:18:36 AM
 #10

As metal prices go up fakes get more and more advanced. If the coin was filled it would have the exact same luster and not be worth nearly as much. Even 1oz silver rounds are starting to be faked now.

I agree about outer apearances. But no fake gold coin will pass a set of calipers and scales. In theory tungsten could be used as a filler but so far there have been zero credible reports of anything as small as a 1oz coin being filled with tungsten mostly due to how hard it is to work the stuff.

With large bars, like 100oz and up tungsten is a concern. People are using ultrasound to see if the bars are consistent throughout.

Silver 1oz have been faked and faked very well for a long time. Unlike gold they can get the density just right by the right mix of base metals.

The Fisch kits are pretty good for detecting fake coins.
Litecoin Gold Trust (OP)
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December 01, 2012, 09:07:38 PM
 #11

Thank you  everyone for your interest. All 5 coins have been sold.
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December 02, 2012, 02:10:14 AM
 #12

The Fisch kits are pretty good for detecting fake coins.

They are a great way to spend a lot of money. They work very well but a $20 set of scales and a $15 set of calipers and a table of known coins sizes and weights would do the exact same job for much cheaper. Plus they work on any type of coin.
coinrolls2
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December 06, 2012, 07:54:13 AM
 #13

Thanks for a smooth transaction LGT, all the coins arrived in a prompt fashion as described.

Escrow was used and everything about the transaction from beginning to end went very well Smiley

CR
Litecoin Gold Trust (OP)
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December 10, 2012, 04:44:20 PM
 #14

Thanks for a smooth transaction LGT, all the coins arrived in a prompt fashion as described.

Escrow was used and everything about the transaction from beginning to end went very well Smiley

CR

Payment was received promptly from coinrolls2 via Tangible Cryptography acting as escrow.
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December 10, 2012, 10:25:28 PM
 #15

I'm selling some gold 1 oz as well. Check out my list. I can do escrow too Smiley
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