Official Auction For Our 2 Ounce Solid Gold (5 BTC) Coin #4

We are pleased to announce that today our 2 ounce gold (5 BTC) Limited edition coin has gone into production. You can read more information about the coin on our website - http://www.coinographic.com/5-btc-gold.

Coin #1 will be sent to Mr BAU (the winner of the design contest) as his prize for this fantastic design that you see before you.

The offical auction for Coin #2, the lowest number coin to be publically available can be found here - https://bitcointalk.org/index.php?topic=816077.0.

The rest of the coins are avilable to pre-order from our website - http://www.coinographic.com/5-btc-gold.

We are due to have the coins in stock before the end of November.

This auction will run from now until 22:00 (forum time) on the 19th October. Please be sure to read our Auction Procedure below before you place a bid.

To place a bid please use the following format;

I Bid 15 BTC

The above would mean you have bid 15 Bitcoins on the coin (Limited Edition #4) of our solid gold bitcoin - http://www.coinographic.com/5-btc-gold.

Auction Procedure

1) You are only permitted to bid once per post

2) The minimum bid is 15 BTC.

3) The Auction will close at the 22:00 (forum time) on the 19th October provided there are no new successful bids during the 5 minutes immediately preceding 22:00 on the 19th October.

4) Any successful bids within 5 minutes of the auction close time (21:55 – 22:00) will extend the auction by a further 5 minutes; the auction will continue to extend in 5 minute increments until there are no more bids within the 5 minute refresh period.

For example;

A bid placed at 21:58 will extend the auction for the coin until 22:03. If a further bid is placed before 22:03 it will extend by a further 5 minutes. This will continue until there are no more bids within the 5 minute refresh period. At that point the auction will end and the winner will be allocated.

5) If you are the Winning Bidder of this auction, you will be obliged to complete the transaction and purchase that item within 72 hours of the auction close.

Processing and Technical Errors

In the event of errors in processing and/or site downtime or any other errors or delays caused to the site and/ or Service as a result of unforeseen technological difficulties associated with servers, data hosting or any other reason, we hereby reserve the right to:

a) decide (prior to or after the original time set for conclusion of the online auction) to extend an online auction for a period of time (determined at our discretion); and/or,
b) void that entire online auction transaction and open the auction again at the original start prices

Thank you