[SPECIAL AUCTION] Special Auction for 3x Denarium Gold Bar 2018

[comit]

Is the retail price for #4 - 100 already known?

Our initial estimate is 3990 € for the store price but this is not locked in. We're still surveying the general interest and will try to price it correctly.

Edit: Our company sees gold also as an investment, meaning we are not in a terrible hurry to sell any gold products especially with low margins. Thus we will avoid any underpricing perhaps more than with the other products we have.

Clear, thanks!

1 @ 0.82

[lebnor]

1 @ 0.82 BTC

[bavicrypto]

1 @ 0.84btc
So the ones that will be listed on the website will be free of vat as well?
And what’s the btc denomination for this bar, if any?

[Technomage]

So the ones that will be listed on the website will be free of vat as well?
And what’s the btc denomination for this bar, if any?

Yes, it'll be free of VAT at the store as well. This is simply a legal issue, gold bars count as investment gold which we can sell VAT free. Coins do not, unless they are an official payment method in some country. Our coins obviously aren't, so thus the VAT. This is a bit silly but it's the law that we have to work with in Finland.

[Technomage]

Current top 3:

bavicrypto 0.84
comit 0.82
lebnor 0.82

[OgNasty]

Nice bars!  Is that coloring enameled on?

[Clashicly]

Tempting

Edit bid 0.84 x 1

[Hhampuz]

Stunning bars! Extremely well made.

May I make a suggestion for the auction?

It's always easier if you were to "name" the bars. So say they are "A", "B", "C". This helps with any confusion regarding who has the highest bid and it also makes it easier on you.

Good luck with the auction, will be interesting to see what these go for

[Agrawas]

So just to be clear, each bar has 2 oz of pure gold in it?

Thanks

[Agrawas]

Stunning bars! Extremely well made.

May I make a suggestion for the auction?

It's always easier if you were to "name" the bars. So say they are "A", "B", "C". This helps with any confusion regarding who has the highest bid and it also makes it easier on you.

Good luck with the auction, will be interesting to see what these go for

great suggestion..

[Denarium]

So just to be clear, each bar has 2 oz of pure gold in it?

Thanks

Yes, it contains 2 Troy ounces pure 99,99 % gold.

[Technomage]

Nice bars!  Is that coloring enameled on?

No, it's not. There is a very thin layer of color printed using an UV printer. We've requested further detail from the mint and I'll update this post once I have something more.

Edit: We asked for further detail from the mint and they said the following: "The paint should be removed before melting (with e.g. spirit or petrol). The ink doesn’t decrease the gold value."

This was regarding another question we received from elsewhere, meaning if one wants to simply liquidate the bar and sell to a broker that melts it, is the ink a problem. It's not as long as you remove it first which is easy.

Stunning bars! Extremely well made.

May I make a suggestion for the auction?

It's always easier if you were to "name" the bars. So say they are "A", "B", "C". This helps with any confusion regarding who has the highest bid and it also makes it easier on you.

Good luck with the auction, will be interesting to see what these go for

great suggestion..

Interesting suggestion. We will not change anything regarding this particular auction, but we'll take this into consideration regarding future auctions of other products.


Current top 3:

#1 bavicrypto 0.84
#2 Clashicly 0.84
#3 comit 0.82

Clashicly, try to use the instructed format from now on. Your bid was clear enough though so I will accept it for now.

[comit]

1 @ 0.9 BTC

[Technomage]

Current top 3:

#1 comit 0.9
#2 bavicrypto 0.84
#3 Clashicly 0.84

[Technomage]

4 days left until the end of the auction.

[Cene]

Can I bid on specific bar or this will be randomly selected once bid is finished?

[Technomage]

Can I bid on specific bar or this will be randomly selected once bid is finished?

Top bidder will choose first. #2 bidder will choose next. And the #3 bidder after that. Most likely the top bidder will choose bar #1 and the second bar #2, but they can choose otherwise as well.

So the answer is no, you can't bid for a specific bar. You are bidding for a bar and the order of choosing a bar. Nothing is randomly selected.

[Technomage]

Approximately 2 days left until the end of the auction.

Current top 3:

#1 comit 0.9
#2 bavicrypto 0.84
#3 Clashicly 0.84

[Technomage]

Less than 24 hours left until the end of the auction!

[greenplastic]

2 @ 0.92BTC