Best place to buy gold with BTC

[NY11giants]

looking to buy considerable amount just to diversify.  Other than Amagi, where would be my best bet??

10K+ per transaction.

[1714030253]

1714030253

[1714030253]

1714030253

[1714030253]

1714030253

[CanaryInTheMine]

Whatever you do , DO NOT use coinabul

[jp]

Whatever you do , DO NOT use coinabul

What's wrong with Coinabul?

[desired_username]

Check the price carefully, CoinAbul had +40% on the market price last time I have checked.

http://www.xe.com/currencyconverter/convert/?Amount=1&From=XAU&To=USD

[trance1999]

Check the price carefully, CoinAbul had +40% on the market price last time I have checked.

http://www.xe.com/currencyconverter/convert/?Amount=1&From=XAU&To=USD

I guess that depends on what conversion price you're looking at between gold, BTC, and USD.  Right now the above link shows gold at 1414.64, on MtGox the value of BTC is 128. but that's the last sale.  The 24 hr weighted average is only 108.  And the price of a 1 oz gold bar at coinabul is BTC12.0447.  So that's actually not a bad price at all.  It's giving you $1414 UDS worth of gold for BTC12.0447, or a BTC to USD exchange rate of 117.4.  That's fairly between the current market price and the 24 hour average.

My bigger question is: Has anyone ever dealt with coinabul?  I'm really curious how they deliver and keep the gold safe and insured?  If I were to spend my BTC on gold what does that transaction look like?  Anyone ever done it?

[kgo]

What's wrong with Coinabul?

And while we're at it, what's wrong with Amagi?

[2weiX]

I'm pretty good to buy gold at, some say ;-D

[NY11giants]

Ill go with Amagi... was just curious if there were other viable options. 

[NY11giants]

just placed an order with Amagi....cant wait, first gold purchase.

would LOVE to swing by Denver and pick up in person.

[Viceroy]

just placed an order with Amagi....cant wait, first gold purchase.

would LOVE to swing by Denver and pick up in person.

I am in Denver.  come on out and I'll twist you a phatty.