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Author Topic: auction for a 20CHF gold coin on biddingpond  (Read 2653 times)
grondilu
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February 20, 2011, 01:31:56 AM
 #1


2 weeks auction.
Starting price is 0.99 BTC.
I'll pay shipping fees to wherever in the world.
I'll use a tracked UPS letter.

Have fun bidding Smiley  !


http://www.biddingpond.com/item.php?id=312

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grondilu
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February 20, 2011, 06:42:27 AM
 #2


No bid yet?  I'm kind of disappointed.

I'm afraid it's because of these pictures that I've made without the flash under artificial ligthning.  The colors are not very good.

Here is a short video of me playing around with the coin:


http://grondilu.freeshell.org/20110220_013.mp4
bitdragon
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February 20, 2011, 12:33:36 PM
 #3

I will be bidding soon;
once I can log back in to my bidding pond...

Does it come in a little box too?

I have one already but yours looks a few years older;)

Binford 6100
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February 21, 2011, 12:36:05 AM
 #4

looks like your freeshell account is having tech. problems
neither the link to video nor the your exchange script are working.
(bitcoin effect? : ))

edit: link works now

i wait till the end (as last time)

You can't build a reputation on what you are going to do.
grondilu
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February 21, 2011, 07:12:12 AM
 #5


It seems that putting the mp4 file on the freeshell messes with file rights somehow.

So I put the video on dailymotion instead:

http://www.dailymotion.com/video/xh4on0_20chf-gold-coin_lifestyle
grondilu
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February 21, 2011, 10:56:26 AM
 #6


Notice that gold is reaching back the 1400$/once:


grondilu
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February 27, 2011, 06:29:19 AM
 #7

Less than a week left!
grondilu
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March 01, 2011, 08:22:38 AM
 #8


Yes, I'm talking to you guys!

You probably have a huge amount of bitcoins, and that must feel good, I guess.

Maybe you convert it into cash, maybe you just hoard your bitcoins until you can buy really great stuffs with them.  I don't know and that is none of my business.

But wouldn't it be nice to diversify a bit and put some of your bitcoins into an other non-inflating currency?  Wouldn't you like to put some of wealth in a nice, classic gold coin?

You can do so, and it can even be fun, since you will be taking part in an on-line auction (believe me: auctions can be fun).

So here you go:  http://www.biddingpond.com/item.php?id=312

happy bidding!
ribuck
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March 01, 2011, 10:57:02 AM
 #9

Will you be selling any 1 ounce gold coins? The smaller ones just have too much overhead to be used as an investment. I don't own any gold (except for my wedding ring), but I would like to buy an ounce sometime.
grondilu
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March 01, 2011, 11:25:01 AM
 #10

Will you be selling any 1 ounce gold coins? The smaller ones just have too much overhead to be used as an investment. I don't own any gold (except for my wedding ring), but I would like to buy an ounce sometime.

Yes I will!  But right now I prefer experiment both biddingpond and the bitcoin community purchase power with small coins.

Binford 6100
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March 01, 2011, 03:33:44 PM
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Will you be selling any 1 ounce gold coins? The smaller ones just have too much overhead to be used as an investment. I don't own any gold (except for my wedding ring), but I would like to buy an ounce sometime.

if you're lucky @bidding than the price might be right. auction includes shipping fees, if you have old btc around, this might be a nice way of spending and keeping your purchase price low.
and when you need to sell gold, it's nice to have also a small coins to sell if you don't need to sell the big one. depends on how you want to store your gold.

increments of 20 franc are nice and they have an interesting lesson built in - the latin monetary union, where the 20 swiss francs were equal by its gold content to 20 francs in france, belgium, (in other names but still equal to 20) greece, italy, spain, romania, bulgaria, etc. i missed the french 20 francs already (not really miss but was outbid ..)

You can't build a reputation on what you are going to do.
grondilu
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March 01, 2011, 03:41:17 PM
 #12


Agreed.  A big advantage on small coins is that they are much more liquid than big ones.
grondilu
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March 01, 2011, 08:26:56 PM
 #13

Gold is getting closer to its record high guys!




I suck at maths, but I'm pretty sure that 205 BTC is not a very high bid!
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March 01, 2011, 09:39:31 PM
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I suck at maths, but I'm pretty sure that 205 BTC is not a very high bid!

Gold price = 1430 USD/oz
Gold content of coin = 0.1866 oz
BTCUSD = 0.9

Value of gold coin = 1430 * 0.1866 / 0.9 = 296 BTC

Freight might be something like 25 BTC.


Current bid is 280 BTC.

grondilu
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March 05, 2011, 07:36:05 PM
 #15


Only a few hours left.
bitdragon
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March 06, 2011, 07:32:19 AM
 #16

It got sold out a slight bargain vs market rate for the coin....
http://www.bcv.ch/fr/cours_et_analyses/metaux_et_pieces

269Swiss Francs makes 290USD and around 323BTC

13% discount Wink I was too slow on this one,

grondilu
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March 06, 2011, 09:11:35 AM
 #17

It got sold out a slight bargain vs market rate for the coin....
http://www.bcv.ch/fr/cours_et_analyses/metaux_et_pieces

269Swiss Francs makes 290USD and around 323BTC

13% discount Wink I was too slow on this one,

Well, it's not as if I hadn't let you guys a lot of time.  I guess it's the reward for people bidding early.

I'll sell an other one once this one has been received by the buyer.  You'll get an other chance Smiley
Ryland R. Taylor-Almanza
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March 06, 2011, 05:55:03 PM
 #18


Yes, I'm talking to you guys!

You probably have a huge amount of bitcoins, and that must feel good, I guess.

Maybe you convert it into cash, maybe you just hoard your bitcoins until you can buy really great stuffs with them.  I don't know and that is none of my business.

But wouldn't it be nice to diversify a bit and put some of your bitcoins into an other non-inflating currency?  Wouldn't you like to put some of wealth in a nice, classic gold coin?

You can do so, and it can even be fun, since you will be taking part in an on-line auction (believe me: auctions can be fun).

So here you go:  http://www.biddingpond.com/item.php?id=312

happy bidding!

This post actually changed my mind and made me want a gold coin. Whens the next auction?
grondilu
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March 06, 2011, 07:48:12 PM
 #19

This post actually changed my mind and made me want a gold coin. Whens the next auction?

I prefer wait until my current buyer receives the coin.  It can be a week or so.
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