[Group Buy] Casascius Silver 1 or 1/2 Oz Physical Bitcoins (UK/EU/WW) (ORDERED)

[piit79]

Do you know how much shipping to USA might be?

Worldwide shipping will be around £10 for up to 100 grams, £12 with additional compensation.

This is a Small Packet rate - if I manage to squeeze the smaller orders into letter format it might be slightly cheaper.

[1715054103]

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[1715054103]

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[1715054103]

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[piit79]

How will you handle VAT and customs?

Oops. How could I forget about that? I didn't really think about that, probably because I received the 1000 aluminium Casascius coins without any customs interference...

Not sure how "helpful" will Casascius be with silver - if he's declaring the true contents/value I would have to add 20% VAT on top of the price I will contact him to find out.

Sorry for the lame mistake!

OP updated with correct prices including 20% VAT.

[dnaleor]

still want 1 1BTC coin for that price

Government are asses for taxing imports :/

[BigBitz]

Confirm with Ca re; VAT/Import as 2.35 is more than I'd like to pay.

[dnaleor]

Maybe it's possible to arrange a deal with Casascius and let him put the silver value on the coin.
He also offers a service to fund the coin when received, so maybe you could lower the value to the silver value, i.e. 1oz Ag

=> Tax on silver + premium, let's say 30$ for 1 Oz and 15$ for 0.5 Oz
=> VAT is much lower:
+0.10 BTC for 1BTC coin (total 2 BTC)
+0.05 BTC for 0.5BTC coin (total 1.40 BTC)

[BigBitz]

I'm pretty sure we would avoid VAT on this. It'll not be a huge package etc.

[piit79]

Maybe it's possible to arrange a deal with Casascius and let him put the silver value on the coin.
He also offers a service to fund the coin when received, so maybe you could lower the value to the silver value, i.e. 1oz Ag

=> Tax on silver + premium, let's say 30$ for 1 Oz and 15$ for 0.5 Oz
=> VAT is much lower:
+0.10 BTC for 1BTC coin (total 2 BTC)
+0.05 BTC for 0.5BTC coin (total 1.40 BTC)

Very true, didn't realize that! It was quite late yesterday night

If Casascius declared the value at spot price of silver, the mark-up due to VAT would very reasonable - my calculations show even less, but let's say
0.1BTC for 1BTC coin and 0.05BTC for 0.5BTC coin.

I will confirm with Casascius as soon as possible.

In any case I will only charge whatever I've paid. I'm not looking to make any profit.

[dnaleor]

Maybe it's possible to arrange a deal with Casascius and let him put the silver value on the coin.
He also offers a service to fund the coin when received, so maybe you could lower the value to the silver value, i.e. 1oz Ag

=> Tax on silver + premium, let's say 30$ for 1 Oz and 15$ for 0.5 Oz
=> VAT is much lower:
+0.10 BTC for 1BTC coin (total 2 BTC)
+0.05 BTC for 0.5BTC coin (total 1.40 BTC)

Very true, didn't realize that! It was quite late yesterday night

If Casascius declared the value at spot price of silver, the mark-up due to VAT would very reasonable - my calculations show even less, but let's say 0.1BTC for 1BTC coin and 0.05BTC for 0.5BTC coin.

I will confirm with Casascius as soon as possible.

In any case I will only charge whatever I've paid. I'm not looking to make any profit.

To make it not suspicious for the GVT we should let him charge a premium.

And in essence, he does that:

f.e. the 1 BTC coin:

The coin unfunded = 0.9 BTC
Let's say he charges 0.4 BTC for the funding service
=> The silver round costs 0.5 BTC

0.5*0.2 = 0.1 BTC VAT  

[dnaleor]

And maybe, to make sure you will get enough orders, you should ask for a pre order payment (with or without escrow) of 2 BTC for a 1BTC coin and 1.4BTC for a 0.5BTC coin.

[piit79]

And maybe, to make sure you will get enough orders, you should ask for a pre order payment (with or without escrow) of 2 BTC for a 1BTC coin and 1.4BTC for a 0.5BTC coin.

Since there seems to be enough interest for me to place an order I will be asking for payment as soon as Casascius confirms what value is he likely to declare on the package.

If there are any overpayments over the actual cost I will refund them.

[coco23]

Are you planning to get the 1/2 with the new or the old hologram sticker?

Anyway I might be interested in 1 each as well.

[dnaleor]

I don't mind paying you 0.05 extra for the time and effort :-)

[piit79]

Are you planning to get the 1/2 with the new or the old hologram sticker?

Anyway I might be interested in 1 each as well.

I wasn't aware there is a choice of holograms... I don't think there is as these silver coins are brand new designs.

Any more info/reference?

[piit79]

I don't mind paying you 0.05 extra for the time and effort :-)

Thanks, appreciate it. However, I'm only going to add some rounding adjustment in the order of 0.007BTC or so (basically up to the nearest 0.05BTC).

I'm in this for the coins and for the rep in the community, not for profit

[BigBitz]

Have we ordered yet? I am in.

[coco23]

Are you planning to get the 1/2 with the new or the old hologram sticker?

Anyway I might be interested in 1 each as well.

I wasn't aware there is a choice of holograms... I don't think there is as these silver coins are brand new designs.

Any more info/reference?

It seems there is limited availability of the old stickers:

https://bitcointalk.org/index.php?topic=244967.msg2599530#msg2599530

[dnaleor]

I already have a brass 1 BTC coin, hope I get the (more matching) Silver sticker

edit: nevermind. This is concerning the 0.5 BTC coins

[dnaleor]

Are there people who want to buy also the 0.1 BTC silver coins (7.5 grams) ?
They will be availible soon...

Depending on the price I want a few.

If we order before they are availible, I'll do a group buy myself for those coins

[piit79]

Have we ordered yet? I am in.

Not yet. I'm in London today for the Rolling Stones gig in Hyde Park, I'll place the order tomorrow.

[piit79]

I have updated the OP with payment address and shipping costs. If you are in please pay now to secure your coins I also need to find out if I should order 2 0.5BTC rolls instead of just 1.

By the way, I'm going to include a few complimentary Casascius aluminium coins with every order as a thank you

Cheers!