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Author Topic: [Auction] [LLCOINS] 2015 1,000 XMR 1oz Gold Coin  (Read 3953 times)
luigi1111 (OP)
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June 07, 2016, 11:10:36 PM
Last edit: June 17, 2016, 08:01:40 PM by luigi1111
 #1

Some backstory:
About 14 months ago, some acquaintances and I decided to make some pure gold physical XMR coins. I led the effort, and 9 others agreed to "pre-order" 1 each (10 total), which would cover most of the upfront costs. Depending on how things went, the plan was to offer an additional 5-10 (max 20 total) for public sales. Long story short, after many hardships and delays, all coins are in their owners hands and fully funded with 1,000 XMR, save one: a few months ago one of the guys backed out. Due to a variety of factors, I've decided not to make any more of this 2015 series (there may be something new for 2016/2017 in gold and/or platinum though!). This coin (#10) is all there will be for public sales of this series. All coins are vanity-generated to start with "4Au1", "4Au2", etc.

The buyers of coins 1-9 are:

1. luigi1111
2. fluffypony
3. dnaleor
4. binaryFate
5. Lloydimiller4
6. djjacket
7. wpalczynski
8. othe
9. saddambitcoin


This is a "buyer funded" coin, but the funding transaction must be created to my technical specifications. By doing this I can ship the coin unfunded to its final destination and store no private keys, yet still have its funding/spent status provable to a 3rd party. A certificate with all the details necessary to prove funding status is included.

This coin's address is (0/zero doesn't exist in base58):
Quote
4Au1oNBDiYCXRjvYUyPCmyWm5mshnZv1cWa6NSK8dxY9LMDT6ZNm4DnYWomuAS3NisZP1YGaYNuGr84KM4fB L9bHMdHT27r

Some pictures:




The coin is quite small, and the text, especially on the obverse didn't turn out as sharp as I wanted, both in pictures and on the coin itself. The date also has an error; it's slightly off its intended location (all 10 coins are like this).


Q&A

Who are you? Why should I trust you?
You shouldn't. The other buyers will vouch for me, however, you should still DYOR.

Do you accept escrow?
Sure, though it's safer to stay away altogether as only roughly 60-70% of the final value can be ensured by escrow.

What is the gold content?
1oz 0.9999 purity

What does it say? I can't read the text.
The obverse says "nenia libereco sen privateco", which is Esperanto for "no freedom without privacy". The reverse says "forto en nombroj", "strength in numbers", and "unu unco .9999 oro", "one ounce .9999 gold".

How does funding work?
The exact final details will be worked out with the buyer. The funding transaction must be constructed in a particular way to match the details at http://au10.llcoins.net/. 1,000 XMR for funding must be in escrow before the coin ships.

How does the coin store Monero?
There is a hexadecimal seed on a piece of paper under the hologram. The digital form was never saved to any disk; the only other paper copy was destroyed after the coins were assembled. To redeem, peel the hologram and enter the seed into the provided conversion utility on the coin's page: http://au10.llcoins.net/. The format of the seed is standard for Monero private keys, not proprietary, so any number of tools could offer conversion if the site were to go offline.

How is this being sold?
By auction, starting now and ending next Friday the 17th at 20:00 UTC (4PM EDT). Bids should be in XMR in minimum increments of 25 (1,000 funding amount not included). A 15-minute grace period applies at the end. I reserve the right to refuse your bid, cancel/move/extend/change the auction, etc.

What about shipping?
Shipping will be flat-rate: $25 in USA, $50 outside, payable in BTC or XMR.

Update: auction over. Lloydimiller4 has won for at 1,800 XMR bid.
dnaleor
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June 07, 2016, 11:13:14 PM
Last edit: June 07, 2016, 11:43:10 PM by dnaleor
 #2

just want to vouch for luigi here Smiley

Received my coin in excellent condition. Here are some pics (click to enlarge):


Monero, the gold to Bitcoins silver Wink

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June 07, 2016, 11:16:07 PM
 #3

Congrats, that's a really fine looking and well designed coin there! Smiley

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[/ce
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June 07, 2016, 11:25:24 PM
 #4

500 XMR
dnaleor
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June 07, 2016, 11:35:44 PM
 #5

Already got one, but this is below gold cost :p

I bid 525 XMR  Grin
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June 07, 2016, 11:44:23 PM
 #6

550 XMR Cheesy

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[/ce
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June 07, 2016, 11:48:49 PM
 #7

800 XMR
xnova
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June 08, 2016, 12:12:42 AM
 #8

900 XMR

Visit the official Counterparty forums: http://counterpartytalk.org
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June 08, 2016, 12:25:47 AM
 #9

Very interesting coin.  I must say I was never aware of this, and it didn't make it in the Encyclopedia. 

Co-author to the Encyclopedia of Physical Bitcoins.  More details can be found at https://bitcointalk.org/index.php?topic=2767515.0
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June 08, 2016, 12:51:42 AM
 #10

1000 XMR


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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June 08, 2016, 01:00:40 AM
Last edit: June 08, 2016, 01:22:20 AM by saddambitcoin
 #11

I also vouch for luigi...damn good coin!

edit: behold the Monero trifecta.






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June 08, 2016, 06:54:40 AM
 #12

1100 XMR
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June 08, 2016, 07:31:41 AM
 #13

Monero trifecta.

Need Lealana for trifecta!   Cool


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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Buy XMR with fiat
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June 08, 2016, 09:30:19 AM
Last edit: June 08, 2016, 09:49:19 AM by dnaleor
 #14

Monero trifecta.

Need Lealana for trifecta!   Cool

People could also go for this coin AND Lealana set #10
Then they have a 4 coin set with the same numbers Wink
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June 08, 2016, 09:38:02 AM
 #15

1200 XMR

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June 08, 2016, 10:42:24 AM
 #16

1250 XMR

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June 08, 2016, 01:54:41 PM
 #17

Damn. That looks amazing.

Do I understand correctly that the current bid is 1000 + 1250 = 2250 xmr?
 
luigi1111 (OP)
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June 08, 2016, 03:56:43 PM
 #18

Damn. That looks amazing.

Do I understand correctly that the current bid is 1000 + 1250 = 2250 xmr?
 

Correct.

The gold value is approximately $1,265 (current spot), so we are almost at par value.  Cheesy
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June 09, 2016, 04:57:41 AM
 #19

1500 xmr
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June 09, 2016, 12:44:46 PM
 #20

I confirm I have coin #4 and I can happily vouch for the seller Smiley

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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