Group buy 500+: 1oz snake silver

Discussion in 'General Precious Metals Discussion' started by Lunardragon, Sep 7, 2012.

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  1. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Greetings All,

    I wonder if anyone has a group buy of over 500 coins for the 1oz snake? if so, I would like to join in.

    Currently over 500 qty, PM sells for $38.37ea

    If not, anyone interested to participate?


    LD
     
    Lunardragon, Sep 7, 2012
    #1
  2. FullMetalFever

    FullMetalFever Member

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    I'd be interested in a couple of rolls at that price ...
     
    FullMetalFever, Sep 7, 2012
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  3. dollars

    dollars Active Member Silver Stacker

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    .
     
    dollars, Sep 7, 2012
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  4. Boomstix

    Boomstix Member

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    The limit has been lifted mate
     
    Boomstix, Sep 7, 2012
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  5. 1for1

    1for1 Well-Known Member

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    I am keen... i say we wait for the price to further slump though.. i think around $35 is a sold price but i may go $37 each for a roll + postage..

    The Perth Mint operates like a central bank emplying monetary and fiscal policites..

    Impose rational through limits, then once sweet F/A demand is noted, they react with a swift round of price correcting.. in this case a solid price drop!

    1for1
     
    1for1, Sep 7, 2012
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  6. ilikecoins

    ilikecoins Active Member Silver Stacker

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    Im interested for 1 roll
     
    ilikecoins, Sep 7, 2012
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  7. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    @1for1
    I think $37+ is quite possible. The AUD is rebound and the PM spot is dropping... however the problem is that we need more people to join in the buy.

    so far we have eoi for 5 rolls including myself.

    I will keep bumping this up for getting more interest.

    Anyone? 400 coins needed to break this price level.

    btw EOI to accomodate in "a roll or rolls", not individual coins.
     
    Lunardragon, Sep 7, 2012
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  8. possum

    possum Member Silver Stacker

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    I could go 10 if the price is right.

    Possum
     
    possum, Sep 7, 2012
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  9. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    I received another eoi via PM for potentially 100 coins... so now down to 300 coins

    Hi Possum,
    at this stage, the current eoi to accomodate a roll or rolls but I will keep you posted.
     
    Lunardragon, Sep 7, 2012
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  10. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    ok ... I just checked the delivery cost.

    PM price for 500 coins at $38ea , the postage from Perth to Sydney is $420 + $213.62 insurance (total $633.62).

    so it works out an extra $1.27 per coin, thus total cost per coin is $39.27ea just to get them to Sydney.


    Just keep checking this thread ready. Once the numbers are fillin and the price is right (hopefully seeing $37+), we pull the trigger together.
     
    Lunardragon, Sep 7, 2012
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  11. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    So far, EOIs tally to 8 rolls.


    * edited


    This is a group buy.
    The shipping cost (postage and insurance) to sydney be split among us based on x of coins you ordered, even though you are in perth base.
     
    Lunardragon, Sep 7, 2012
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  12. geobar

    geobar Member

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    Hi

    I'm in for a roll as long as the price is under $40 a coin :)

    Thanks for taking the time to organise.

    George
     
    geobar, Sep 7, 2012
    #12
  13. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Morning, folks.
     
    Lunardragon, Sep 7, 2012
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  14. Longtermstacker

    Longtermstacker Member

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    I'm with George, buzz me a roll under $40 per coin.
    Thanks for this LD.
    LTS
     
    Longtermstacker, Sep 8, 2012
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  15. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    We have now 11rolls on eoi.

    Another half to go
     
    Lunardragon, Sep 8, 2012
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  16. veryugly

    veryugly Member

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    I'm with George & Longtermstacker, I'm in for a roll if under $40 per coin.
     
    veryugly, Sep 8, 2012
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  17. ilikecoins

    ilikecoins Active Member Silver Stacker

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    Update?
     
    ilikecoins, Sep 9, 2012
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  18. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    As of 10/09 09.44am Syd time, only have 13rolls on eoi.

    All,
    we keep monitor the price whilst waiting more eois to come in.

    This group buy does not guarantee your placement. it will subject to the availability of coins at later date and the agreed PM price among us.
     
    Lunardragon, Sep 10, 2012
    #18
  19. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    join the club ?
     
    Lunardragon, Sep 11, 2012
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  20. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    I am withdrawing this group buy.

    not enough numbers and plus I have one member who placed the biggest order as to date, has to act quickly.

    sorry guys :|
     
    Lunardragon, Sep 12, 2012
    #20
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