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Author Topic: [AUCTION] Lowest Serials, BTCC Mint Half Bitcoin in Titanium  (Read 2375 times)
BTCC_Official (OP)
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October 17, 2016, 08:29:57 AM
Last edit: October 28, 2016, 04:45:37 AM by BTCC_Official
 #1

You've been waiting for this!

We are holding auctions for our lowest serial number Half Bitcoins.  These are the first 85 of the recent new Half Bitcoins ever made, mined on September 27, 2016.

Serial number range: T00001 to T00099
Total coins being auctioned: 85 (Out of the first 100 serial numbers, 15 coins were damaged during the manufacturing process.)

Half Bitcoin details:
  • Bitcoin value: 0.50 BTC
  • Diameter: 39 mm
  • Thickness 3.25 mm
  • Weight: 16 grams
  • Material: Titanium

For more information, please see:

Auction terms:

- The auctions start now and end at 3:00 PM (UTC) on Thursday, October 27, 2016.

- The starting bid is 0.65 BTC.

- The bid increment is 0.05 BTC.

- For your bid, please specify BOTH: (1) the serial number you want, and (2) your bid amount.

- Any unsold coins will go back to the store inventory for sale to the general public.

- The coins come in a premium oyster wove envelope.

- Payment is in bitcoin only. Payment details will be posted here in the OP after the auction finishes.

- No sniping! Every bid (on any coin) within 15 minutes of the end of the auctions, will exetend the full auction (of all 85 coins) for another 15 minutes.

- Winners will have 3 days (72 hours) to make payment.

- Shipping will take place once payment has been received.

- Free economy shipping is included. We will ship to you via China Post (Air), which takes up to two weeks to reach most destinations worldwide.

- Optional: Winners can choose to upgrade to FedEx Priority shipping, by paying an extra 0.06 BTC per coin.  This FedEx Priority shipping will reach most destinations within two days.


Good luck bidding!  Hope you win the coin # you want!

==========

End of Auction Update: Information for winners

For the winning bids by users Otoh, FakeAccount and CanaryInTheMine please send your payment to this address:
1Nhd5a2knhzY1qVmKi3kDYVdiR2cgqJPdG

Otoh and FakeAccount, make  one lump-sum payment, so that we can differentiate your payments.

Private message us your addresses and phone numbers so we can courier the coins to you, and inform us if you would like expedited shipping through FedEx. Default shipping is through China Post Air, which takes up to two weeks to reach most destinations worldwide.

==========



Latest bids, to be updated around once every 8 hours.

Last Updated: 1:29 AM (UTC) on Thursday, October 27, 2016

SerialHighest Bid, Bidder
T00001- 0.75, Otoh
T00003- 0.70, Otoh
T00004- 0.70, Otoh
T00005- 0.70, Otoh
T00006- 0.70, Otoh
T00007- 0.75, Otoh
T00008- 0.70, Otoh
T00009- 0.70, Otoh
T00010- 0.70, Otoh
T00011- 0.65, FakeAccount
T00012- 0.65, FakeAccount
T00013- 0.65, FakeAccount
T00014- 0.65, FakeAccount
T00015- 0.65, FakeAccount
T00017- 0.65, FakeAccount
T00021- 0.65, FakeAccount
T00023- 0.65, FakeAccount
T00024- 0.65, FakeAccount
T00025
T00026
T00027
T00028
T00029
T00030
T00031
T00032
T00033
T00034
T00035
T00036
T00037
T00038
T00039
T00040
T00041
T00042
T00043
T00044
T00045
T00046
T00047
T00048
T00050
T00051
T00052
T00053
T00054
T00056
T00057
T00058
T00059
T00061
T00063
T00065
T00066
T00067
T00068
T00069
T00070
T00071
T00072
T00073
T00074
T00075
T00076
T00077
T00078
T00080
T00081
T00082
T00084
T00086
T00087
T00088- 0.65, CanaryInTheMine
T00089
T00090
T00091
T00092
T00093
T00094
T00095
T00096
T00097
T00098
T00099


The above latest bids were updated through post number: 42
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October 17, 2016, 09:13:59 AM
 #2

I like these very much and will keep my eye on the bids coming in.

It will be interesting to see how much T1 goes for. 

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October 17, 2016, 10:47:34 AM
 #3

T1  0.65

Viz
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October 17, 2016, 11:01:34 AM
 #4

How is shipping to US winners being handled??

thanks


Auction winners will receive their coins at their designated shipping address.   Smiley
CanaryInTheMine
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October 17, 2016, 12:15:15 PM
 #5

.65for#8,#88
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October 17, 2016, 01:27:25 PM
 #6

some official photos:

(re-post more of your own Half Bitcoins!)








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October 17, 2016, 01:31:12 PM
 #7

I love the look of your coins.  I wish I had known you were auctioning lower numbers off...just ordered a bunch of these last week!
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October 18, 2016, 12:17:02 AM
 #8

T1-  .7btc

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October 18, 2016, 12:39:42 AM
 #9

Sorry if I missed this, but are the serial numbers actually engraved onto the coin?
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October 18, 2016, 01:05:28 AM
 #10

T7 - .7
Candsno8
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October 18, 2016, 01:40:57 AM
 #11

Sorry if I missed this, but are the serial numbers actually engraved onto the coin?


I'd like to know this as well.

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October 18, 2016, 01:41:14 AM
 #12

How is shipping to US winners being handled??

thanks


Auction winners will receive their coins at their designated shipping address.   Smiley

If you are able to send coins directly to US winners, I would imagine you need to be sending refunds to any US customer who has ordered a coin from you via a group buy, thus having to pay higher fees and shipping costs.

I agree.

Hellot
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October 18, 2016, 01:58:49 AM
 #13

How is shipping to US winners being handled??

thanks


Auction winners will receive their coins at their designated shipping address.   Smiley

If you are able to send coins directly to US winners, I would imagine you need to be sending refunds to any US customer who has ordered a coin from you via a group buy, thus having to pay higher fees and shipping costs.

I agree.

I don't agree.  We are all adults who assessed the situation an made the decision to proceed and pay more, there were no hidden costs.  Take responsibility for your decisions.
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October 18, 2016, 02:05:46 AM
 #14

#6 .65BTC


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BTCC_Official (OP)
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October 18, 2016, 02:20:55 AM
 #15

Sorry if I missed this, but are the serial numbers actually engraved onto the coin?


Hi, the serial numbers are printed on a polyester slip that is attached to the back of the coin using a tamper-evident hologram sticker. Please look at the pictures above to see what the coins look like. The serial numbers above are for X00* coins, which are coins that we specially made for marketing purposes. Half Bitcoins for sale start with T***.
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October 18, 2016, 05:05:47 AM
 #16

Would've loved to pick one of these lower numbered coins up...  If it was known BEFORE the group buy.   Roll Eyes Undecided Angry
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October 18, 2016, 06:52:23 AM
Last edit: October 18, 2016, 07:38:04 AM by coin@coin
 #17

I have to say this is a little cheeky as many people rushed to order from the website (including me) expecting coin numbers will be filled on a first come first served basis starting from the lower and instead they were kept (without mention) for a later Auction. The way I see it is: tell people we got a new coin released. Get people to buy as soon as they launch on the website/group buy orders (because you knew that would happen).
Then when sales slow down get their interest back with 85 low numbered coins.

Not ideal, and in terms of trust toward a company... Not good either.

Sad to see this, feel like I was taken for a ride. And the price of lower numbered coins is higher at 0.65 or 0.71 with FedEx, at least make the starting price the same as the website?

What should we do next time you release a new coin? Hold on until you guys decide to make an auction? Check with fellow collectors which numbers they got ordering from the website and wait accordingly if no low numbers are released?

May attract a few extra sales now but you may have lost the trust of many collectors on here for future releases.

I do like your coins, don't get me wrong, just you guys don't do yourselves any favours by selling this way.
Hope you manage to sell all your coins. I suggest in the future let people know when you release a new coin that lower numbers will be reserved for an auction.

Denarium does that, and many other coin manufacturers do too. First 10 coins are reserved for an auction, everyone knows they'll attract more interest. Just say it.
It's just fair and transparent and people knows beforehand what they are getting.




 
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October 18, 2016, 11:35:45 AM
 #18

I have to say this is a little cheeky as many people rushed to order from the website (including me) expecting coin numbers will be filled on a first come first served basis starting from the lower and instead they were kept (without mention) for a later Auction. The way I see it is: tell people we got a new coin released. Get people to buy as soon as they launch on the website/group buy orders (because you knew that would happen).
Then when sales slow down get their interest back with 85 low numbered coins.

Not ideal, and in terms of trust toward a company... Not good either.

Sad to see this, feel like I was taken for a ride. And the price of lower numbered coins is higher at 0.65 or 0.71 with FedEx, at least make the starting price the same as the website?

What should we do next time you release a new coin? Hold on until you guys decide to make an auction? Check with fellow collectors which numbers they got ordering from the website and wait accordingly if no low numbers are released?

May attract a few extra sales now but you may have lost the trust of many collectors on here for future releases.

I do like your coins, don't get me wrong, just you guys don't do yourselves any favours by selling this way.
Hope you manage to sell all your coins. I suggest in the future let people know when you release a new coin that lower numbers will be reserved for an auction.

Denarium does that, and many other coin manufacturers do too. First 10 coins are reserved for an auction, everyone knows they'll attract more interest. Just say it.
It's just fair and transparent and people knows beforehand what they are getting.
 

Thank you for the feedback.  You have outlined your point very well, and I understand.

Sorry this didn't work out the way you wanted.  There was no intent to mislead anyone on purpose, but you're right that we could have done a better job in transparency.  We will work on improving that in the future.  (Please remember that on our sales, we didn't promise that early orders will get the lowest serial numbers.)

We will release more coins in the future, and we will have to balance in when we sell and fulfill orders, versus purposely taking inventory out to sell at auction, for collectors to get the coin number they want.

In fact, we see this as a service to this audience, to sell all of the lowest coins in auction.
If you're willing, you can order and pay for the coin number you like.

Alternately, we could have just not auctioned anything, and even kept inventory for ourselves.

Hope you understand that this is a balance, and though doing very well, we are still new to this business.
Thanks for your understanding, and thanks for writing up the good feedback.

thanks,
Bobby


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October 18, 2016, 01:31:07 PM
 #19


Thank you for the feedback.  You have outlined your point very well, and I understand.

Sorry this didn't work out the way you wanted.  There was no intent to mislead anyone on purpose, but you're right that we could have done a better job in transparency.  We will work on improving that in the future.  (Please remember that on our sales, we didn't promise that early orders will get the lowest serial numbers.)

We will release more coins in the future, and we will have to balance in when we sell and fulfill orders, versus purposely taking inventory out to sell at auction, for collectors to get the coin number they want.

In fact, we see this as a service to this audience, to sell all of the lowest coins in auction.
If you're willing, you can order and pay for the coin number you like.

Alternately, we could have just not auctioned anything, and even kept inventory for ourselves.

Hope you understand that this is a balance, and though doing very well, we are still new to this business.
Thanks for your understanding, and thanks for writing up the good feedback.

thanks,
Bobby


I'm willing... can I get T00003?  Grin
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October 18, 2016, 02:56:29 PM
 #20

T00003   .65
T00004   .65
T00005   .65
T00009   .65
T00010   .65
T00011   .65
T00012   .65
T00013   .65
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