[AUCTION #2] Bitcoin Penny™ MANHOLE COVER Physical Bitcoin No.6

[BitcoinPenny]

(Stock images only. The last image is a side-by-side comparison with our standard "penny.")


Introducing the NEW Bitcoin Penny™ MANHOLE COVER Physical Bitcoin!

This MONSTER record-breaking physical bitcoin was this year's TOP SECRET summer project, and after many long months of development and production, it's finally completed!

ABOUT THE PROJECT

Our Bitcoin Penny™ MANHOLE COVER Physical Bitcoin is a special limited edition art piece that was originally conceived to be the world's largest, solid metal, physical bitcoin. Abandoning all sanity in search of the perfect medium, we finally decided to create this spectacular beauty from a genuine, custom-designed, bitcoin-themed manhole cover, made of the strongest traditional cast iron, poured at a real municipal cast iron foundry, and top-rated for all US roadway structural and safety requirements. (In other words, you could totally use this manhole cover on your neighborhood street, if it weren't illegal to drop it there without city permission.)

We created 10 of these magnificent limited edition art pieces. The first four (Nos.1-4) were pre-sold to help fund this amazing project. The remaining six (Nos. 5-10) will be sold on auction to the highest bidders.

This auction is for No.6 / TEN.

SPECIFICATIONS

Title of Artwork: Bitcoin Penny™ The MANHOLE COVER Physical Bitcoin
Limited Edition: No.6 / TEN
Material: 100% Recycled Cast Iron + .999 Fine Copper Disc (5" Diameter)
Finish: Professional Powder Coat in Antiqued "Oil-Rubbed Bronze" Finish
Size: 23.75" Diameter
Weight: 49 lbs
Security: Anti-reverse steel bolts conceal the private key.
Funds: This art piece is funded with exactly .01 BTC.
Public Address (Prefix): 1EPiC...
Private Key: Hand-scribed on underside of secured copper disc. (IMPORTANT: Please do not lose this particular coin in your couch cushions, under your car seat, or in your washing machine, because I will not keep copies of the private keys.)

HOW TO DISPLAY

This spectacular limited edition art piece comes with a complimentary display stand, professionally handcrafted of solid hardwood (Maple or Cherry) for proud exhibition in the corner of your family room, home office, or private bitcoin museum.

SHIPPING

We are happy to offer FREE WORLDWIDE SHIPPING! (Some countries may be excluded depending on the size/weight shipping restrictions for those particular countries. Please inquire before bidding.) Please allow 2-3 weeks for delivery.

RULES

No-Sniping Rule / Grace Period: There will be a grace period of ten (10) minutes following the last bid. When ten (10) minutes pass without a new bid, the auction will be officially ended. For example, if someone places a bid on Sunday, November 12 at 2:55PM, then the auction will extend until 3:05PM. If another bid is placed at 3:03PM, then the auction extends until 3:13PM, and so forth.

CLICK HERE for COUNTDOWN TIMER

Start Time: Immediately
End Time: Sunday, November 12, 2017 @ 3PM EST (UTC -5:00).

Starting Bid: 1.00 BTC
Bid Increments: 0.01 BTC

PAYMENTS

Winning bids should be sent to the following address: 1TBPCoEc2MYiQtjT4xduZjAqCBjPhTNDh.


Please feel free to ask questions.

Good luck, everyone!

Regards,
Chris @ The Bitcoin Penny Co.

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[Mitchell]

This is way outside my league, however, I wonder for how much this puppy is worth. Good luck everyone!

[owlcatz]

This is way outside my league, however, I wonder for how much this puppy is worth. Good luck everyone!

I love it, but I Have to be honest - if I spent 1 btc on a manhole cover, I'm pretty sure my wife would literally kill me with it. 

Of course, that doesn't mean I don't love it though, great job CJB!

[killyou73]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

[BitcoinPenny]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

Yes, we've traditionally adjusted the prices of our standard products to reflect increases/decreases in BTC-USD value. However, this is a special project, and not one of our standard products. We promised our pre-order customers that we would auction the final six manhole covers at a minimum opening bid of 1 BTC, and we plan to keep our word on that 1 BTC minimum opening bid. Even if it means keeping some of these in stock a while longer.

Personally, I do, whole-heartedly, believe that these physical bitcoin art pieces are worth at least 1 BTC each. In the near future, these will be a very memorable part of crypto-collectibles history, and the resale/flip value will be much greater than the mere 1 BTC, in my opinion.

Please feel free to refrain from bidding if you feel otherwise.

Regards,
Chris

[Ticked]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

Maybe MJ needs 5 manhole covers. Who knows

[Zepher]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

Maybe MJ needs 5 manhole covers. Who knows

For all we know he could be building his own private road. He'll certainly need a few manhole covers then

@killyou - Even if BitcoinPenny wanted to lower the price to make it more "affordable", it would not be fair at all to anyone else who has gone and pre-ordered one and paid the full price of 1 BTC.

The price is the price, and in this case the fiat value has nothing to do with it. I tend to agree that something like this is worth the BTC. Its a total one off, and for someone wanting one of these in their collection badly enough, they will be prepared to pay the asking price.

[killyou73]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

Yes, we've traditionally adjusted the prices of our standard products to reflect increases/decreases in BTC-USD value. However, this is a special project, and not one of our standard products. We promised our pre-order customers that we would auction the final six manhole covers at a minimum opening bid of 1 BTC, and we plan to keep our word on that 1 BTC minimum opening bid. Even if it means keeping some of these in stock a while longer.

Personally, I do, whole-heartedly, believe that these physical bitcoin art pieces are worth at least 1 BTC each. In the near future, these will be a very memorable part of crypto-collectibles history, and the resale/flip value will be much greater than the mere 1 BTC, in my opinion.

Please feel free to refrain from bidding if you feel otherwise.

Regards,
Chris

I wouldn't have bid (and won)on the DIY pennies that where supposed to be not produced/limited edition but I believe to do "demand" you started mass producing them even know you started the auction for them you stated they would not be for sale again

[BitcoinPenny]

I wouldn't have bid (and won)on the DIY pennies that where supposed to be not produced/limited edition but I believe to do "demand" you started mass producing them even know you started the auction for them you stated they would not be for sale again

I understand that you're frustrated, KY. However, I hope that you'll remember a few things.

First, you never bid on them. You never won them. They were never on auction. You simply bought them on sale like everyone else.

Second, these were never stated by any means to be a limited edition product. We only had a limited supply in stock. This was even explained to you by another customer of ours when you complained at the time...

These are not "Limited Edition" or "Special Edition" they are simply limited stock which means they can make more, at the time stock was limited like any other pace you buy stuff on planet earth.

However, as I said before, please feel free to refrain from bidding or buying from us, now and in the future. I won't hold it against you. If you believe that you were somehow wronged, and you wish to boycott any BP product from now on, then that is your right, and I respect it. I am sure that you'll find plenty of attractive crypto-collectibles to buy for fun and/or investment. There are many wonderful makers and products on this forum.

Regards,
Chris

[Lutpin]

Killyou might be talking about the ones assembled, loaded and resold by OgNasty, which have been (and still are IIRC) limited in supply and might have been advertised as such.

Edit: https://bitcointalk.org/index.php?topic=1710379.0 thread for reference.

[OgNasty]

Killyou might be talking about the ones resold by OgNasty, which have been (and still are IIRC) limited in supply and might have been advertised as such.

No, he's talking about the year after that.

[wheelz1200]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

What kind of question is this especially coming from you.  While I see you are back (who let you out i need their phone number for re-adjustment)what the f do you have in questioning a masterpiece that has been made.  You obviously won't be buying one so why do you even care

[owlcatz]

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

What kind of question is this especially coming from you.  While I see you are back (who let you out i need their phone number for re-adjustment)what the f do you have in questioning a masterpiece that has been made.  You obviously won't be buying one so why do you even care

This guy is just mentally challenged. Sorry, but it's true, otherwise it's two people on the 2 accounts (killyou72/killyou73), which both seem to be scamming the same sig campaign.

[FFrankie]

I wouldn't have bid (and won)on the DIY pennies that where supposed to be not produced/limited edition but I believe to do "demand" you started mass producing them even know you started the auction for them you stated they would not be for sale again

I understand that you're frustrated, KY. However, I hope that you'll remember a few things.

First, you never bid on them. You never won them. They were never on auction. You simply bought them on sale like everyone else.

Second, these were never stated by any means to be a limited edition product. We only had a limited supply in stock. This was even explained to you by another customer of ours when you complained at the time...

These are not "Limited Edition" or "Special Edition" they are simply limited stock which means they can make more, at the time stock was limited like any other pace you buy stuff on planet earth.

However, as I said before, please feel free to refrain from bidding or buying from us, now and in the future. I won't hold it against you. If you believe that you were somehow wronged, and you wish to boycott any BP product from now on, then that is your right, and I respect it. I am sure that you'll find plenty of attractive crypto-collectibles to buy for fun and/or investment. There are many wonderful makers and products on this forum.

Regards,
Chris

https://bitcointalk.org/index.php?topic=1864306.0

^

IMPORTANT: Please understand that we only minted one hundred (100) of these prototype DIY coins, and some of the coins were used for experiments, so we can only fill the first eight orders. CORRECTION: After packaging the first eight orders, we discovered that we used fewer coins than thought for our experiments, and the mint sent a few extra to replace any "factory seconds" coins. Therefore, these prototype coins are limited to a few more than 100, and we are able to fill a few more orders than originally advertised. Thank you.

You stated they where limited to around 100 and they where in fact where not


Until I sell all of the bitcoin penny products I own, I will continue to buy the SN, classic, and short rolls to match the ones I already have.

Killyou might be talking about the ones assembled, loaded and resold by OgNasty, which have been (and still are IIRC) limited in supply and might have been advertised as such.

Edit: https://bitcointalk.org/index.php?topic=1710379.0 thread for reference.

I am not talking about those, (The bitcoin OG pennies) I was actually going to donate one of the rolls I won in an auction for OG to create another bitcoin penny but he refrained from doing so, because he does not "agree with their business practices"  

Have you always not adjusted your items prices in BTC when BTC inflates/deflates. Because when you first took reservations for these BTC was way cheaper and the results of the first auction, with only one bid I think these are priced too high

What kind of question is this especially coming from you.  While I see you are back (who let you out i need their phone number for re-adjustment)what the f do you have in questioning a masterpiece that has been made.  You obviously won't be buying one so why do you even care

This guy is just mentally challenged. Sorry, but it's true, otherwise it's two people on the 2 accounts (killyou72/killyou73), which both seem to be scamming the same sig campaign.

I dont think its takes a gensis, or a quickseller to determine that I am obliviously involved in two accounts on the same signature campaign, but I obviously got permission to be enrolled on two accounts... Do you really think a campaign manager such as lutpin would un-knowingly allow two linked accounts to be in the same signature campaign?!

[BitcoinPenny]

TODAY is International Guinness World Records Day! Celebrate by bidding for the largest F-ing physical bitcoin on the planet!



Regards,
Chris

[BitcoinPenny]

A little more than 48 hours left in the auction! Bid today for one of these tiny bits of physical bitcoin history.

Opening bid is 1.00 BTC. (Save $$$ while BTC is dropping!)

Regards,
Chris

[OgNasty]

Just a thought, it would probably be fairly cheap to have this object gold plated if you could find someone able to do a good job. I think it would take this product to the next level and make it more attractive to potential buyers. Something to consider if you haven’t already.

[BitcoinPenny]

Just a thought, it would probably be fairly cheap to have this object gold plated if you could find someone able to do a good job. I think it would take this product to the next level and make it more attractive to potential buyers. Something to consider if you haven’t already.

Thanks for the feedback, Og. While we won’t be gold plating these, we have kicked around the idea of letting the auction winners choose their own color of professional powder coat. The spectrum of colors is endless! In fact, we’ll be experimenting on our prototype next week — Metallic Copper! (The metallic colors cost 2x more, but we believe the coolness is worth it!) That’s right...a giant copper penny!

Regards,
Chris

[BitcoinPenny]

This auction ends tomorrow.

Regards,
Me

[BitcoinPenny]

Fewer than 3 hours left to play in our auction! Bid now and SAVE $$$! BTC is down to almost $6K USD! That's nearly a 20% SAVINGS in USD since this auction began! Don't let this unique opportunity slip away! (Free worldwide shipping too!)

CLICK HERE for COUNTDOWN TIMER

Regards,
Chris

[BitcoinPenny]

No opening bid, so this auction is void. For what it's worth, I'll be holding onto the last five (Nos. 6-10) for a while, with no immediate plans to start a new auction. (I'm very happy keeping them in my private collection!)

In the meantime, I'd like to offer a big, manhole cover-sized THANK YOU to everyone who supported this EPIC project, regardless of whether you purchased one or not. Your enthusiastic appreciation made it all worth while!

THANK YOU AGAIN, EVERYONE!

Regards,
Chris @ The Bitcoin Penny Co.