[AUCTION] 10x Denarium 1 BTC Special Patinated Silver Coin

[Technomage]

Description: Auction for 10x Denarium 1 BTC Special Patinated Silver Coin
Starting bid: 0.1 BTC
End date and time: Monday 13th of June 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 a new patinated special edition of our 2016 silver coin and we are going to auction the first 20 coins from our limited edition 1 BTC Denarium Patinated Silver Coin of 2015. The total batch is 100 coins and the rest (80) will be on sale at Denarium.com when the auctions are finished. This is the first of two auctions and there is a total of 10 coins on sale.

All coins sold are pre-assembled and ready to ship right after the auction. The coins sold in this auction have special serial numbers A101, A102, A104, A105, A106, A107, A108, A109, A110, A111.

Pictures of the coin



Videos of the coins

As a very special feature we actually have unique videos of all the 20 coins to be auctioned in these two auctions.

A121 http://ytrepeat.com/watch/?v=aq_TMHuejtM
A120 http://ytrepeat.com/watch/?v=r3bVAKB5b5I
A119 http://ytrepeat.com/watch/?v=IOb6hMAHK5c
A118 http://ytrepeat.com/watch/?v=9lzWU9KB3fU
A117 http://ytrepeat.com/watch/?v=NZNs8iO2bCc
A116 http://ytrepeat.com/watch/?v=CfXlxRi_Zqw
A115 http://ytrepeat.com/watch/?v=8v1zqj5u2Js
A114 http://ytrepeat.com/watch/?v=LEd80MtPo3o
A113 http://ytrepeat.com/watch/?v=razrmcttauI
A112 http://ytrepeat.com/watch/?v=3fJkDBThrgQ
A111 http://ytrepeat.com/watch/?v=9z50c0cw8GI
A110 http://ytrepeat.com/watch/?v=vrX0_1N66XE
A109 http://ytrepeat.com/watch/?v=PzNxmRidDSY
A108 http://ytrepeat.com/watch/?v=FQ_jf_FXLjQ
A107 http://ytrepeat.com/watch/?v=U3QD8ljLoMU
A106 http://ytrepeat.com/watch/?v=F0v8OEewCXQ
A105 http://ytrepeat.com/watch/?v=XywBG5brpwQ
A104 http://ytrepeat.com/watch/?v=9eXK0vN9r1Q
A102 http://ytrepeat.com/watch/?v=d2nd_wesb5g
A101 http://ytrepeat.com/watch/?v=7L9IvgYDIgY

Quality of the coin

The coins have a special patinated finish which makes them look very different from a regular silver coin. The surface quality of the coin is good and everyone in our team agrees it is better in that regard than our regular silver coins.

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 to buy it loaded which will add 1 BTC to the auction price. Or you can choose to buy it empty. To the US we can only sell coins that are not loaded by us. The "empty" coins can easily be loaded with bitcoin value by the customer himself/herself, however.

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 potentially also a Group Buy option which you can use to get cheaper shipping.

Serial numbers

All the coins have special auction serials (A). The coins in this auction are A101, A102, A104, A105, A106, A107, A108, A109, A110, A111. The serial A103 does not exist since the hologram had defects and was discarded during assembly. These are very special since all the coins sold at the website will have either L (loaded) or E (empty) serials.

The winners of the auction can (in succession starting from the highest bidder) choose which serial they want. It can be the lowest available but also one of the others.

Shipping date

The coins will be shipped right after the auction and payments have been finished.

How to bid

You can bid for any amount of coins from 1 coin to 15 coins. The bidding format is "Nickname 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 "Nickname 1 @ 0.5". If for all of them, post "Nickname 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".

So if I were bidding for 2 coins and 0.5 BTC each, I would post "Technomage 2 @ 0.5". If you forget to add your nickname, the bid will not count. So don't forget. It is much easier for us to record the bids when the nickname is also posted.

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 the nickname of the bidder, the price of the bid and the amount of coins the bidder is bidding for, or if they could not possibly win any slots.
- Winning bidders must inform me within 24 hours after the end of the auction which serial number 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!

[1715448568]

1715448568

[1715448568]

1715448568

[1715448568]

1715448568

[Technomage]

There is a small typo in the description: the coins are of course 2016 editions, not 2015. We actually have never produced 2015 editions of the silver coins.

[wttbs]

wttbs 2 @ 0.1

[AT101ET]

1 @ 0.1

[AT101ET]

1 @ 0.1

AT101ET 1 @ 0.1

[Lutpin]

1 @ 0.1

meh, don't know why we are supposed to include our nickname, but alright.


Lutpin 1 @ 0.1

[Technomage]

The reason for the nickname is that it is easier to parse the bids and post regular updates of the situation. Much easier. Thanks for co-operating

[vizique]

Vizique  1 @ 0.1

[vizique]

Vizique  1 @ 0.1

Change that to...
 
Vizique 2 @ 0.1
(each)

[vizique]

note to self... read the bloody text before reacting ... apologies to the thread...

[Fortify]

Fortify 1 @ 0.1

[Mitchell]

As with the previous auctions, I'll be keeping a list. This time I'll use a bot to help me out. It still has some quirks so I'll post again in a bit.

[PsychoticBoy]

Sorry my previous post seems to be not legit.

PsychoticBoy 1@0.15

[M4cca]

M4cca 1@ 0.11BTC

[bithalo]

Bithalo 1@ .11

[coin@coin]

coin@coin 1 @ 0.12

[coin@coin]

What does this exactly mean?

End date and time: Monday 13th of June at 20:00 UTC and when there have been no new bids in *3 minutes*

The end of the bidding for the 10 coins is Monday 13th of June at 20:00 UTC.
But there's a new bid session (I presume for one of the 10 coins) each time there have been no new bids in *3 minutes*?

confused.com 

[Lutpin]

What does this exactly mean?

End date and time: Monday 13th of June at 20:00 UTC and when there have been no new bids in *3 minutes*

It's a "no sniping" rule.
Basically, a bid close to the ending time extendes the auction until 3 minutes after the bid.
If now another bid is placed, the auction will end 3 minutes after that new bid, and so on with every bid placed, up until there are no new bids placed in a 3 minute window.
At that point, the auction will be over.

[Mitchell]

Current bids:

Code:

wttbs 2 @ 0.1
at101et 1 @ 0.1
lutpin 1 @ 0.1
vizique 2 @ 0.1
fortify 1 @ 0.1
psychoticboy 1 @ 0.15
m4cca 1 @ 0.11
bithalo 1 @ .11
coin@coin 1 @ 0.12

Current winners:

Code:

psychoticboy @ 0.15
coin@coin @ 0.12
m4cca @ 0.11
at101et @ 0.1
vizique @ 0.1
vizique @ 0.1
lutpin @ 0.1
fortify @ 0.1
wttbs @ 0.1
wttbs @ 0.1
bithalo @ .11

[coin@coin]

It's a "no sniping" rule.
Basically, a bid close to the ending time extendes the auction until 3 minutes after the bid.
If now another bid is placed, the auction will end 3 minutes after that new bid, and so on with every bid placed, up until there are no new bids placed in a 3 minute window.
At that point, the auction will be over.

Thanks for that, got it now!