Bitcoins <---> Gold/Silver Bullion

[WiseOldOwl]

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.

[1715111544]

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[1715111544]

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[1715111544]

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[Bitcoin Oz]

Or people could use http://coinabul.com 

[WiseOldOwl]

No they cant its not public

[Bitcoin Oz]

No they cant its not public

They can sign up for the beta. How come you dont list any prices ?

[WiseOldOwl]

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.

[acostanza]

Can you give details on the silver? Is is bullion or coins? Which types/brands/etc are you trading?

[WiseOldOwl]

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?

[WiseOldOwl]

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.

[Anonymous]

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.

[WiseOldOwl]

PM Sent*

Also, Should I make a rudimentary site for this?

[Anonymous]

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.

[WiseOldOwl]

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 !!

[hmongotaku]

still waiting on your canadian maples & 1 oz quotes.

[c0ffer]

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.

[WiseOldOwl]

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?!?!?

[mikeo]

Very interested in this! Where are you located? Any shipping info yet?

[WiseOldOwl]

Very interested in this! Where are you located? Any shipping info yet?

Located in Sunny (its raining right now) Southern California

[slush]

What about delivery to EU?

[WiseOldOwl]

What about delivery to EU?

Dont see why not
Just costs more and takes longer that's all.

[slush]

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...

[BitcoinMint.US]

I'm curious if they'll ask for 20% of price on borders...

Yes, they do collect VAT tax.

[WiseOldOwl]

20% ?
You have to be kidding me.
You guys aren't mad???
I will mislabel the shit out of it if you want.
That is ridiculous.

[WiseOldOwl]

Also, arent you buying it in bitcoins???
What is a 20% tax on fake money?
Say I sold it to you for a $1.

[mikeo]

Very interested in this! Where are you located? Any shipping info yet?

Located in Sunny (its raining right now) Southern California

Great, I'm just two states east of you in New Mexico.

[WiseOldOwl]

here are some people brainstorming about the VAT

http://www.tfmetalsreport.com/forum/avoiding-vat-silver-europe/225

It looks like in small amounts you can avoid it or something. Haven't read it all yet.
Also if we use 90% silver American issued coins would it count as bullion? I dont think so.

[WiseOldOwl]

Very interested in this! Where are you located? Any shipping info yet?

Located in Sunny (its raining right now) Southern California

Great, I'm just two states east of you in New Mexico.

Wow a buddy of mine moved there last week.
That would be pretty fast shipping form here to there

[slush]

Gold and silver is different from view of taxes. Only gold have some exceptions, but I'm not sure if this exception is also for import from USA.

And no, I'm not mad. I bought GPU from some american guy for bitcoins and I still paid taxes, which was around 20% of card price. If they see lower price on box than it's "common", they will use "common" price for calculating VAT. So that trick with "selling 1oz gold for 1$" won't work .

[WiseOldOwl]

It is what it is I guess.
If you guys are used to it and ok with it, then the VAT is no big deal I guess.
I just feel bad I cant get you some deal that is better than you are used too.
Watch, if anyone can figure out how to avoid the unjust VAT, it's me.
Is the VAT so that you have to produce and acquire everything locally? If so then I respect that as a way to strengthen Europe.

[slush]

If so then I respect that as a way to strengthen Europe.

No, that don't strenghten Europe. It only give more money to government for spending bilions for stupid things.

[slush]

If you find something how to *not* pay VAT for gold, send me PM...

[WiseOldOwl]

If so then I respect that as a way to strengthen Europe.

No, that don't strenghten Europe. It only give more money to government for spending bilions for stupid things.

Same as here.

If you find something how to *not* pay VAT for gold, send me PM...

I will

And of course if you want some bullion, I would be willing to send it to you. I should state that the customer pays all extra fees if we are including worldwide shipping now.


So just to bring it back on topic:

Silver/Gold for sale, PM me anytime.
Currently have access to plenty of generics and eagles.
To get things rolling I am selling a 1 oz. silver round in great condition for 7.5 BTC !

[WiseOldOwl]

Ok here is a Item list of things I personally have for sale:

-1 oz. .999 Silver "Golden State Mint" Indian Round -



-1 oz. "Silver Trade Unit" Generic Round - Pic in above posts closely resembles it*

-(2) 40% Silver Kennedy Half Dollar's - These need no pic -

-(>3) Mexican Libertad 1/20 oz. .999 Silver Coin - RARE* - These are a little more than 1.5 grams of silver each and are government issue from Mexico.


GSM Indian Round - 8 BTC
Other Generic Round silver trade unit - 7.75 BTC
Kennedy Half Dollars - 1 BTC each
Mexican Libertad 1/20 oz. Silver Coin - At the moment these are about 1 BTC each, I just saw one go on ebay for about $11. Ask me if you are interested.

[WiseOldOwl]

Just shipped out some of the 1/20 oz. silver Libertad's.
There are more but it is limited.

[WiseOldOwl]

Ok,
No more on the 1.5 Gram mexican coins.
They are worth about 3 BTC each for the year I have so those who got a few at 1 btc each today, CONGRATS

If anyone wants some of these low mintage rare silver coins PM me, they will be full price + Free Shipping.
( http://www.apmex.com/Product/61239/2003_1_20_oz_Silver_Libertad_.aspx )

[WiseOldOwl]

1/20 oz. .999 Silver Mexican Libertad's (RARE) 2003/2004~~~1/20 oz. .999 Silver Mexican Libertad's (RARE) 2003/2004

-3 BTC each includes shipping

http://www.apmex.com/Product/61239/2003_1_20_oz_Silver_Libertad_.aspx

Silver is going up again, up about 10% over just a couple days!
Generic Rounds of 1 oz. .999 Silver~~~Generic Rounds of 1 oz. .999 Silver~~~Generic Rounds of 1 oz. .999 Silver

- 8.1 - 8.75 BTC each + Shipping costs for more than 1
http://www.apmex.com/Category/1197/APMEX_Silver_Rounds.aspx

Silver is Going up, And BTC is going Down...

[BitcoinMint.US]

20% ?
You have to be kidding me.
You guys aren't mad???
I will mislabel the shit out of it if you want.
That is ridiculous.

Probably not the best idea to mention in a public forum but from my understanding the liability falls on the buyer.  I've had a few requests to sell silver without declaring it and decided it wasn't in my customer's best interests. 

[WiseOldOwl]

20% ?
You have to be kidding me.
You guys aren't mad???
I will mislabel the shit out of it if you want.
That is ridiculous.

Probably not the best idea to mention in a public forum but from my understanding the liability falls on the buyer.  I've had a few requests to sell silver without declaring it and decided it wasn't in my customer's best interests.  

Well, I am not afraid to stand by my convictions, it is an unjust tax and we all know it.

[WiseOldOwl]

Just to be clear:
I have not, nor has anyone asked me too mislabel a package.

Also,
Is there interest in a-
1,000 gram .999 Silver Commemorative Panda Round, yes that is 1 kilo of pure silver. (about 32.15 troy ounces)
It would be around 240 BTC -
I will put up some pics soon.

I will keep an updated list of items in the first post now too

[WiseOldOwl]

Buying Gold and Silver ~
Let me know.

[xxxcoin]

Just received my first round of Mexican Libertad coins.
Arrived very quickly and in great condition.

+1 excellent seller

[WiseOldOwl]

Just received my first round of Mexican Libertad coins.
Arrived very quickly and in great condition.

+1 excellent seller

Thank You!!
There are a few more available

[xxxcoin]

Another +1 for my second shipment

[shakaru]

This is the official exchange of Shades Minoco. Wiseolowl has been a key part of our buissness and I stand behind them 100%.

Has been handling us personal with exceptional service.

[Aureum_Coffee]

Hi Owl,

Any taxes or fees shipped to Oregon or Washington state?

I am interested in 1 oz Austrian, Canadian Maple, or Eagles.

thanks.