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WiseOldOwl (OP)
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September 28, 2011, 02:21:36 PM
Last edit: October 08, 2011, 12:56:30 AM by WiseOldOwl |
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I see that there are a few sites that sell gold and silver for bitcoins, but they are at near or more than 100% markup!!! I have Gold and Silver at reasonable prices. It is all .999 pure at least (if it isn't it will be noted and obvious like sterling) If anyone is interested. I can buy it too in BTC  Some common forms we deal in are: Gold Bars/Rounds-1 gram 5 gram 10 gram 1 oz. 10 oz. Silver Bars/Rounds-1/4 oz. 1/2 oz. 1 oz. 10 oz 100 oz. All prices are obviously subject to change and are not automatically updated. If the price looks confusing it is most likely wrong due to some type of fluctuation, dont be afraid to ask for a certain price or try to work out a deal -At the moment, and this changes often, Silver is about $31/oz Dealer Price -They charge a small markup to me (like a buck or two at the most). and I charge between 5-15% which is fair for fronting out the cash and driving etc financial risk etc. Although usually the price reflects what you normally pay in a store even including my small fee In the end its only like a few bucks more than spot for an ounce of silver which is pretty good compared to one of the sites has it btc equivalent of $65. Especially since we are usually referring to minted rounds which almost always command at least $3 above spot!!Having BTC and Gold/Silver is a great way to store value, and both are accepted in lots of different places
So Here is the store:- 1 oz. .999 Silver "Golden State Mint" Indian Round - 8.75 BTC or about $37
-1 oz. "Silver Trade Unit" Generic Round - There is a pic below* - 8.35 BTC or about $35.50
-(2) 40% Silver Kennedy Half Dollar's - These need no pic - 1 BTC or $4.25-(Supplies very limited) Mexican Libertad 1/20 oz. .999 Silver Coin - 2003/2004 RARE* - These are a little more than 1.5 grams of silver each and are government issue from Mexico. - 3 BTC each or about $13 , these go on APMEX for $15 each!!!. Ask me if you are interested. They are limited mint rare coins. |
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WiseOldOwl (OP)
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September 29, 2011, 01:49:06 PM |
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No they cant its not public
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Bitcoin Oz
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September 29, 2011, 11:48:11 PM |
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No they cant its not public
They can sign up for the beta. How come you dont list any prices ? |
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WiseOldOwl (OP)
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September 29, 2011, 11:50:54 PM |
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At the moment, and this changes often, Silver is about $31/oz Dealer Price They charge a small markup to me (like a buck or two at the most). and I want to make between 5-15% which is fair for fronting out the cash and driving etc. In the end its only like 35-37.50 for an ounce of silver which is pretty good compared to one of the sites has it btc equivalent of $65.Having BTC and Gold/Silver is a great way to store value, and both are accepted in lots of different places Why dont you start your own thread about that service? It's kind of funny that neither of the services you advertise in your signature, or all of your posts, are easily or readily available. |
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acostanza
Newbie
 Offline
Activity: 21
Merit: 0
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September 30, 2011, 12:07:38 AM |
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Can you give details on the silver? Is is bullion or coins? Which types/brands/etc are you trading?
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WiseOldOwl (OP)
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September 30, 2011, 12:18:58 AM |
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It is always changing, I have a friend with a shop that buys and sells gold/silver Today I got a generic round for myself like the one below, and he had a cool 1oz. JM bar and things of this type.  But there are a lot of different things. He has unlabeled .999 silver from processing silver in kilo slabs, he has sterling silver, he has minted rounds and bars. Whatever you want really. Obviously the better the name and refiner the higher the premium. But Im trying to keep the prices low as possible. Do you want me to make a list of minted rounds and bars available by company name? |
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WiseOldOwl (OP)
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September 30, 2011, 02:48:24 AM |
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I will sell a -1 oz. Common Round similar to the one above for 7.75 BTC to get things started -1 oz. JM Bar in sleeve for 8.15 BTC Price subject to change obviously* BTC was about $4.8 and silver about $31 spot (dealer) when writing this. Shipping should be $1 or less, or about .2 btc plus roughly 0.1 BTC for each additional round/bar. |
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Anonymous
Guest
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September 30, 2011, 05:25:53 PM |
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I have a good condition 1 ounce .999 silver round with the Buffalo and Indian design. I'll sell it on spot for BTC. Email me if you're interested, WiseOwl.
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WiseOldOwl (OP)
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September 30, 2011, 05:45:59 PM |
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PM Sent*
Also, Should I make a rudimentary site for this?
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Anonymous
Guest
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September 30, 2011, 05:55:08 PM |
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I can make a great-looking but simple site for you, for a Bitcoin. I've been working on my web development so I guess this is a good opportunity to apply the skill. Just PM me your requirements.
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WiseOldOwl (OP)
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September 30, 2011, 05:57:23 PM |
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Sounds Good, I will think about what I want Also, to anyone interested, we worked out a deal on the above mentioned Indian Silver 0z. and we will post when shipment/payment is complete Plenty more Gold and Silver to be bought and sold !! |
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hmongotaku
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October 04, 2011, 06:10:53 AM |
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still waiting on your canadian maples & 1 oz quotes.
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c0ffer
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October 04, 2011, 11:20:22 PM |
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It's good to see someone offering value for BTC purchases.  Looking forward to seeing a site for this. Would love to see pics and price lists. |
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WiseOldOwl (OP)
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October 05, 2011, 02:57:28 PM |
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still waiting on your canadian maples & 1 oz quotes.
Neither of our shops deals with canadians very often, We are US Based. They do do eagles though. 1oz and 10 oz bullion are plentiful. The quotes change with the prices so just let me know what you are interested in. Generics are mostly what I deal with because I think nobody will care what mint the silver is, in the end... Again Spot + ($2 and 10-15%) = ATM $29 + ($2 and $2.90-$4.45) There is a loose algorithm. The best I can do is be fair as possible. In precious metals acquisition, there are always some extra fees over the spot price of the metal, always. Here in California, if you buy less than 1500 dollars at a time, they charge you sales tax. We are making a large purchase to avoid that or you would have to slap 10% on top of the price again!!! I dont see anyone getting a better deal on metals unless they are selling their profitable collection. The other thing is it doesnt seem like to many people are interested, no one has bought the above pictured Round?!?!? |
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mikeo
Full Member
Offline
Activity: 196
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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October 05, 2011, 09:02:26 PM |
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Very interested in this! Where are you located? Any shipping info yet?
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WiseOldOwl (OP)
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October 05, 2011, 09:46:32 PM |
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Very interested in this! Where are you located? Any shipping info yet?
Located in Sunny (its raining right now) Southern California |
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slush
Legendary
Offline
Activity: 1386
Merit: 1097
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October 06, 2011, 05:24:36 AM |
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What about delivery to EU?
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WiseOldOwl (OP)
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October 06, 2011, 02:03:44 PM |
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What about delivery to EU?
Dont see why not Just costs more and takes longer that's all. |
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slush
Legendary
Offline
Activity: 1386
Merit: 1097
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October 06, 2011, 02:37:48 PM |
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Trading gold bullions in EU is tax-free (well, at least in my country), but I don't have an idea if there are some extra taxes while importing bullions from outside EU. Do you know what taxes and restrictions are on "importing" gold to EU? I'm curious if they'll ask for 20% of price on borders...
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