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Author Topic: 1oz silver round for litecoins!  (Read 1412 times)
illpoet
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February 18, 2012, 11:50:18 PM
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5000 litecoins gets you 1 oz of 999 Silver. This is a 1985 engelhard "american prospector" round.  its not in pristine shape, a little scratched and tarnished. but at the end of the day it is 1oz 999 fine silver and therefore a valid currency or investment anywhere in the world. shipping is included for the US and canada.  If you are interested and from a country other than those two, pm me and i'll go to the post office and work out how much/if its legal to import and give you a quote. Ships on Tuesday feb 21 because of holiday on monday. 

Tym's Get Rich Slow scheme: plse send .00001 to
btc: 1DKRaNUnMQkeby6Dk1d8e6fRczSrTEhd8p ltc: LV4Udu7x9aLs28MoMCzsvVGKJbSmrHESnt
thank you.
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DILLIGAF
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February 18, 2012, 11:58:17 PM
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5000 litecoins gets you 1 oz of 999 Silver.

So only 11-12btc at current rates not bad money if you can get it.
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February 19, 2012, 12:13:00 AM
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some more info on coin http://www.silvercoinguide.com/SilverRounds/silver-rounds-engelhard-1-oz-prospectors.php

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http://wallet.it.cx/ Instant LTC Wallet service
StewartJ
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February 21, 2012, 02:08:28 AM
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Litecoins for Silver... very cool.  Smiley
illpoet
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February 23, 2012, 07:11:18 AM
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sold

Tym's Get Rich Slow scheme: plse send .00001 to
btc: 1DKRaNUnMQkeby6Dk1d8e6fRczSrTEhd8p ltc: LV4Udu7x9aLs28MoMCzsvVGKJbSmrHESnt
thank you.
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February 24, 2012, 06:22:39 PM
 #6

Damn.. missed this.. very interesting i must say

Mining Both Bitcoin and Litecoin.
JBDive
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February 24, 2012, 10:14:08 PM
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I don't understand at all, why are people willing to pay such premiums for silver. Now I'm going just by the prior post of 11-12 BTC @ a silver spot of $35 (splitting the price from Wed-Friday for an avg). If BTC are at $4.5, 11 BTC would be $49.50 for $35 in silver. Most any coin store will sell Morgans at spot plus putting Morgans at $27-$30 this week depending on silver price that day.

Is this just a BTC markup, people really seeing silver doubling, having that pure silver round vs. a Morgan or what is making people pay that much over spot?

Don't get me wrong more power to the seller. I am just wondering what the buyers thinking is. I seem Morgans on eBay going for prices that would put silver at near $70, a doubling from today's prices when you can go to any local store and get a Morgan for less than half that.
illpoet
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February 25, 2012, 01:52:58 AM
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lol this round went for 4500 litecoins which at the time of sale equaled 33.50 usd or 7.5 btc shipped if you can find an ounce of silver anywhere for that price let me know.  I took the hit bc i have faith that if i hang on to them the exchange will come up to where i won't lose money.  With the volatility of crypto currencies what is a markup one day is a steal the next.

Tym's Get Rich Slow scheme: plse send .00001 to
btc: 1DKRaNUnMQkeby6Dk1d8e6fRczSrTEhd8p ltc: LV4Udu7x9aLs28MoMCzsvVGKJbSmrHESnt
thank you.
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