Bitcoin Specie Project sponsored by the makers of New Liberty Dollar

[NewLiberty]

2

Going Twice...  With 2 hours left...

Thank you for that, though unless I misread the clock, dozerz has the winning bid with 2 BTC.  
The bid survived unchallenged for 24 hours which was the terms set for the auction.

Congratulations, and thank you to everyone for participating in our first auction here, its deeply appreciated!  

[NewLiberty]

As described and pictured:  #22 of 40 of the first strike pieces minted for the marketing and promotion.
Likely this will be the only auction of these pieces as these are generally reserved to be awarded for those contributors and supporters of the project that have distinguished themselves in some way, so this is your opportunity to join our team by participating in our first BitCoinTalk auction

Included is one Bitcoin Cold Hard Cash .999 fine silver 1 ounce piece, airtite container, display case, certificate of authenticity.  USPS Priority Shipping will be added to the winning bid, insured at the option of the winner.  May the best win, good luck!

   

The auction will start at 0.01 BTC and will end when 24 hours elapse after the last bid, at whatever price that may be.  Please bid by reply to this or another "Auction" subject post within this thread so as to be clear that the post is intended as a bid.

In looking at the auction text, the bold text looks ambiguously written and could either mean the shipping is included (added in the auction) or that it is added to the price of the winning bid.  Though the meaning was that it was to be added to the price, if your understanding was that we were adding it to the auction, we will consider that ambiguity our error and include it.

We will need a shipping address, a name you can use to sign for it, and payment of the winning bid (which can be done to the address listed in the profile of this account, or a new one if you like).

[bitwhizz]

not fair..... as i live in the UK, the time zones kind've screwed me over...... i wasn't going to be awake at 5 in the morning (uk time) when their was two hours to go

[NewLiberty]

not fair..... as i live in the UK, the time zones kind've screwed me over...... i wasn't going to be awake at 5 in the morning (uk time) when their was two hours to go

Apologies for that.  This was why we did a 24 hour bid cycle, so that there was at least one full day for everyone after each bid.  If there is a better method that is more fair, let me know.  This was our first so very much a learning exercise and looking for that sort of input.

[dozerz]

As described and pictured:  #22 of 40 of the first strike pieces minted for the marketing and promotion.
Likely this will be the only auction of these pieces as these are generally reserved to be awarded for those contributors and supporters of the project that have distinguished themselves in some way, so this is your opportunity to join our team by participating in our first BitCoinTalk auction

Included is one Bitcoin Cold Hard Cash .999 fine silver 1 ounce piece, airtite container, display case, certificate of authenticity.  USPS Priority Shipping will be added to the winning bid, insured at the option of the winner.  May the best win, good luck!

   

The auction will start at 0.01 BTC and will end when 24 hours elapse after the last bid, at whatever price that may be.  Please bid by reply to this or another "Auction" subject post within this thread so as to be clear that the post is intended as a bid.

In looking at the auction text, the bold text looks ambiguously written and could either mean the shipping is included (added in the auction) or that it is added to the price of the winning bid.  Though the meaning was that it was to be added to the price, if your understanding was that we were adding it to the auction, we will consider that ambiguity our error and include it.

We will need a shipping address, a name you can use to sign for it, and payment of the winning bid (which can be done to the address listed in the profile of this account, or a new one if you like).

thanks! payment and details incoming via private message.

[NewLiberty]

not fair..... as i live in the UK, the time zones kind've screwed me over...... i wasn't going to be awake at 5 in the morning (uk time) when their was two hours to go

Apologies for that.  This was why we did a 24 hour bid cycle, so that there was at least one full day for everyone after each bid.  If there is a better method that is more fair, let me know.  This was our first so very much a learning exercise and looking for that sort of input.

The last thing I want is for disappointment to result from this experiment with the auctioning here.

What I can do for you is to pass on this offer information to others who are receiving these due to their contribution to the project to see if any would part with one for you, if you like?

There are a few that have accounts here (but most do not).

[DobZombie]

Crap!

I didn't realise the Auction had started. 

I was really hoping to get one of these for the museum 

[randrace]

Crap!

I didn't realise the Auction had started. 

I was really hoping to get one of these for the museum 

They are still for sale, the auction was for first strike with certificate.

Condition	Glisteningly Brillient Uncirculated
Composition	.999 Fine Silver
Silver Weight	1 Ozt
Mint/Brand	New Liberty Dollar Presents: Cold Hard Cash

Pricing is based on the silver spot market price (Monex Ask rate) plus premium for minting based on order quantity.

PREMIUM RATE:

QTY	Spot+
1	.05BTC
10	.045
20	.04
60	.035 BTC
100	.03
200	.025
500	.0175 BTC
1000	.0150
2000	.0130
5000	.0115 BTC
10000	.01

If Bitcoin rises in value vis-a-vis silver sufficiently, these premiums may be reduced downward.

[NewLiberty]

Some good news, on the First Strike auction for those that missed out.

I have identified one (so far) recipient that is willing to part with theirs. 
He is still deciding how to arrange that, whether to put it on EBay or sell it directly.
I may get the opportunity to discuss it with him this evening.

I am also hoping for more good news on our repair effort for the minting equipment today.

[dwdoc]

I am interested in 10 of the uncirculated coins when available. Do they come with a plastic case?

[NewLiberty]

I am interested in 10 of the uncirculated coins when available. Do they come with a plastic case?

All sorts of cases are available, though we are more eager for these to circulate than sit in plastic.
Air-tite cases are available at .005 BTC each, so add .05 for 10.
Or the standard tube as depicted in the photo.
We also have tube holders sized for air-tites (will get a picture up for those).

[dwdoc]

How do we place an order?

[NewLiberty]

How do we place an order?

It will be a lot easier once coldhardca.sh is ready.  I'd wanted fennec (of Preev.com) to do the site but he is involved in other matters currently and my other folks are taking their sweet time.  

The pricing is fairly easily computed though.
At QTY 10 your premium is .045 BTC (rather than .05)
Silver spot at the moment is .1854 BTC    http://preev.com/btc/xag
So your price per is .2304 BTC for each 1 ozt quarter bitcoin piece so:
2.304  BTC  plus shipping from the USA

You can use the payment address in my profile:
1FyaQM8uuZpH9eaBFJGuZuGsFti1FTw4Ns

Or I can generate a specific one if you prefer.
Send your shipping location and signature name for the receiver.

[dwdoc]

PM sent.

[bitwhizz]

not fair..... as i live in the UK, the time zones kind've screwed me over...... i wasn't going to be awake at 5 in the morning (uk time) when their was two hours to go

Apologies for that.  This was why we did a 24 hour bid cycle, so that there was at least one full day for everyone after each bid.  If there is a better method that is more fair, let me know.  This was our first so very much a learning exercise and looking for that sort of input.

The last thing I want is for disappointment to result from this experiment with the auctioning here.

What I can do for you is to pass on this offer information to others who are receiving these due to their contribution to the project to see if any would part with one for you, if you like?

There are a few that have accounts here (but most do not).

Sounds good, or if another strike coin goes up on auction let us know on this thread telling us whether its on ebay or here,and i will be involved
Thanks

[Mitchell]

How much for one shipped to The Netherlands with a plastic casing?

[NewLiberty]

How much for one shipped to The Netherlands with a plastic casing?

For just one, you would pay more for the shipping than for the piece itself.

I expect to be in Amsterdam for European Bitcoin Convention at the end of next month and I should have some with me.
Further, I am hopeful for local distribution in Netherlands that can organize group buys, or buy and resell.  I will be looking for such special people in each region.
For the Liberty Dollar we had more than there were states.  California alone had seven regions.

[Mitchell]

How much for one shipped to The Netherlands with a plastic casing?

For just one, you would pay more for the shipping than for the piece itself.

I expect to be in Amsterdam for European Bitcoin Convention at the end of next month and I should have some with me.
Further, I am hopeful for local distribution in Netherlands that can organize group buys, or buy and resell.  I will be looking for such special people in each region.
For the Liberty Dollar we had more than there were states.  California alone had seven regions.

I will be at the convention, so that is just perfect! I will buy a coin then, so save one for me!

[NewLiberty]

I was asked a great question privately, and I would like to answer it publicly as well in case there are others with a similar inquiry.  For the price of these silver pieces, there are two price components, the current spot market price of the silver, and the premium (which covers repair and maintenance of the mint, the smelting of the ore, the design of the piece, the diemaking, and the rest).  Adding the two of these gives the price.  This price is displayed when the QR code is read.

With these COLD HARD CASH silver pieces, the premium component decreases with the quantity purchased.  This allows a discount to those that participate in fostering the bitcoin economy by purchasing and distributing these bitcoin specie in much the same way that bitcoin miners are rewarded for processing transactions and helping bitcoins find their proper homes.

So you may see a price of .045 bitcoin (at quantity 10), this would be the premium.
Add to that the current spot market price of the silver bullion and you get the price of the piece.
When the 30 and 90 day moving average are both over USD$150, we will drop the premiums to a lower level to adjust for the sustained price of bitcoin.

[NewLiberty]

The recent price move of Bitcoin is something I anticipated in the GOLD version of these which is a 1 ozt Gold with a nominal value of 10 Bitcoin. 

Of course the current value real time value will be via QR code, but the 10 bitcoin is looking to be closer than not.