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Author Topic: Silver Wallets a new kind of physical storage for your bitcoin  (Read 38740 times)
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Nightowlace (OP)
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July 28, 2014, 09:53:53 PM
 #201

I'm looking to gauge the interest on a 1oz Gold Wallet. Would anyone be interested in that?
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Nightowlace (OP)
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July 28, 2014, 09:55:06 PM
 #202

One thing i should have posted a while back but been busy.  Got to see some of these in Chicago during a bitcoin conference. They do look great, and everyone at their vendor area was very nice as well.  Was good to great to meet them there. Extremely nice company from talking to them, even spent time talking to me about grades of coins.

Thanks for the feedback! It was really nice to get out and meet so many faces. Thanks for stopping by.
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July 28, 2014, 11:07:47 PM
 #203

I'm looking to gauge the interest on a 1oz Gold Wallet. Would anyone be interested in that?

Due to the cost of one ounce of Gold, I would personally prefer a 1/2 ounce.

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July 28, 2014, 11:18:16 PM
 #204

I'm looking to gauge the interest on a 1oz Gold Wallet. Would anyone be interested in that?

Due to the cost of one ounce of Gold, I would personally prefer a 1/2 ounce.

I agree that this would likely do better in the market

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July 28, 2014, 11:31:17 PM
 #205

Like your idea on the 1 oz gold wallet, maybe even a short run of these unless you get your usual tsunami of orders Smiley
Nightowlace (OP)
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July 28, 2014, 11:49:08 PM
 #206

I'm looking to gauge the interest on a 1oz Gold Wallet. Would anyone be interested in that?

Due to the cost of one ounce of Gold, I would personally prefer a 1/2 ounce.

I thought of that as well but the our dies are already set for 1oz. If we did half ounces we would have to create all new dies and that just adds a huge cost for such a small run (presumably small I don't know the interest)
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July 28, 2014, 11:50:42 PM
 #207

Like your idea on the 1 oz gold wallet, maybe even a short run of these unless you get your usual tsunami of orders Smiley


We were thinking of doing a short run, the cost over spot is absurd though. To make it even worth while we would have to do at least 50.
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July 29, 2014, 12:04:34 AM
 #208

Like your idea on the 1 oz gold wallet, maybe even a short run of these unless you get your usual tsunami of orders Smiley


We were thinking of doing a short run, the cost over spot is absurd though. To make it even worth while we would have to do at least 50.

I believe Titan BTC is charging about $450 over spot for their gold coin.  I would have loved to get one of those gold coins, but with the cost of 1 oz of gold at around $1300, and the markup of $450, plus the funded BTC, the cost became too rich for me.  Hoping you can do something to make the cost of your coin more affordable. 

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July 29, 2014, 12:11:02 AM
 #209

Like your idea on the 1 oz gold wallet, maybe even a short run of these unless you get your usual tsunami of orders Smiley


We were thinking of doing a short run, the cost over spot is absurd though. To make it even worth while we would have to do at least 50.

I believe Titan BTC is charging about $450 over spot for their gold coin.  I would have loved to get one of those gold coins, but with the cost of 1 oz of gold at around $1300, and the markup of $450, plus the funded BTC, the cost became too rich for me.  Hoping you can do something to make the cost of your coin more affordable. 

I don't think it will be very 'affordable' any time soon. In order to take premiums down, there needs to be a very large number minted. This means a huge investment of capital (imagine buying 500oz of gold to mint 500 coins...which you will need to keep reasonable premiums). Only when the market exists for 500 1oz gold coins to sell fairly quickly, will they be very well priced. I believe the day will come, but not yet.

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Nightowlace (OP)
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July 29, 2014, 12:20:33 AM
 #210

Like your idea on the 1 oz gold wallet, maybe even a short run of these unless you get your usual tsunami of orders Smiley


We were thinking of doing a short run, the cost over spot is absurd though. To make it even worth while we would have to do at least 50.

I believe Titan BTC is charging about $450 over spot for their gold coin.  I would have loved to get one of those gold coins, but with the cost of 1 oz of gold at around $1300, and the markup of $450, plus the funded BTC, the cost became too rich for me.  Hoping you can do something to make the cost of your coin more affordable. 

I don't think it will be very 'affordable' any time soon. In order to take premiums down, there needs to be a very large number minted. This means a huge investment of capital (imagine buying 500oz of gold to mint 500 coins...which you will need to keep reasonable premiums). Only when the market exists for 500 1oz gold coins to sell fairly quickly, will they be very well priced. I believe the day will come, but not yet.

Actually the stamp fee plus spot price for individual coins is absurd, at 10 coins stamp fee goes down and at 50 coins it goes down again. Titans price of $450 over spot on 1oz gold is pretty spot on when you consider the stamp fee. We would be similarly priced if not slightly less. Trust me it's not us, it's the mint. As I said though to get it even that low would have to be an order of 50.
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July 29, 2014, 02:13:24 AM
 #211

I would be interested in a Gold wallet (NOT PLATING).
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My guess is you would be far cheaper than Titan since you don't include the 1BTC in private key/printing, etc.   Smiley

If you do a 1/2oz coin, I would be interested in that as well. 

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August 06, 2014, 12:56:17 PM
 #212

these coins still shipping out soon?
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August 08, 2014, 04:07:16 PM
 #213

I was told they were going to possibly ship Friday.  I think that is today.  Yeah!

Nightowlace (OP)
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August 08, 2014, 04:53:36 PM
 #214

these coins still shipping out soon?

Hey guys the Mint had a slight delay. They are shipping them to us via three day shipping and will go out today or Monday. We will have them on Wed/Thursday next week and I will be shipping them prior to heading to the Raleigh conference. I'll shoot everyone their tracking info as soon as I get them in the mail.
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August 08, 2014, 07:25:05 PM
 #215

Thanks for the update!

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August 09, 2014, 03:33:36 AM
 #216

One business day delay?  That's just unacceptable in Bitcoin.  Ha!   Way better than Two weeks.   Just kidding.
Thanks for the update.

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August 12, 2014, 01:58:34 AM
Last edit: August 14, 2014, 01:02:21 AM by Nightowlace
 #217

Hey everyone we are doing a VERY LIMITED run of 100 numbered coins from our first design with the GOLD PLATED B. The cost for these are $150 and they are numbered.

WE WILL ONLY DO A RUN OF 100 OF THESE COINS EVER. THEY WILL ALL BE NUMBERED. 1, 2, and 3 belong to us the owners of the company. Coins 4-100 are now available for order and will ship AUGUST 4, 2014

This is absolutely a first come first serve run. If you claim a number, you have 24 hours to make payment or we will release your hold.

I AM ALSO EMAILING OUR CLIENT LIST. So numbers may become unavailable due to email reservations. I will keep this thread updated.

Here is a rendering from the mint. The coin will have a gold plated B, and the edge will be gold plated.




14-15, 17-22, 24-33, 35-41, 43-65, 67, 77-74, 76-78, 80-85, 88-99 available

Updated with numbers available.
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August 12, 2014, 02:00:05 AM
Last edit: August 14, 2014, 06:09:00 PM by Nightowlace
 #218



Coins 18, 19, 30, 31, 35, 39, 49, 74, 74, 76, 80, 81, and 90 are available

I will keep this post updated as that changes.

Updated with current numbers available.
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August 12, 2014, 05:01:15 AM
 #219



Coins 18, 19, 30, 31, 35, 39, 49, 74, 74, 76, 80, 81, and 90 are available

I will keep this post updated as that changes.

Updated with current numbers available.

If these get gold plating, I will buy one right now














 

 

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Nightowlace (OP)
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August 12, 2014, 05:13:59 AM
Last edit: August 14, 2014, 06:08:17 PM by Nightowlace
 #220




Coins 18, 19, 30, 31, 35, 39, 49, 74, 74, 76, 80, 81, and 90 are available

I will keep this post updated as that changes.

Updated with current numbers available.

If these get gold plating, I will buy one right now

Of course they will, just not yet Wink
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