perhaps the most retarded idea I've ever had -

How many are you down for?

  • 0

    Votes: 131 11.8%
  • 1

    Votes: 577 52.1%
  • 2

    Votes: 240 21.7%
  • 3~5

    Votes: 98 8.9%
  • 6 or more

    Votes: 61 5.5%

  • Total voters
    1,107

CDWLTY

kiwifarms.net
~$15 over spot, not including shipping. Regular cash will be fine.

I won't have automated pay-by-crypto available to me, but if you want to buy a lot of coins with crypto let me know asap.
I'm actually surprised, that's pretty low, given the kookiness of the times. I got quoted $12+Spot in 2014 for the same.

For future runs, having a cheaper copper version is a nice bonus too. They're fun to fondle and they create a cool patino over time. I'm pumped for this!
 

Jump

k/i/w/i/f/a/r/m/e/r
kiwifarms.net
TBF, even the bullion sites right now are trading silver about $6-7 above spot for 1oz rounds because of the demand for silver. Given this is also a bit of a fundraiser the markup is expected and not so bad.
ASE's are now more then that. Spot vs coin price is now completely disconnected because of demand. If you disregard the $10 fund raiser part (which is the whole point of the run, to raise funds) then his 6.50 markup is totally normal premium now.
Capture.PNG
 

Null

Ooperator
kiwifarms.net
Featured on Mar 26, 2021 at 12:06 PM: Silver Rounds: Finalized plans and price point.
The Item
This will be similar to the final product. This is a 1toz(31.1g) 9999 silver, 40mm diameter, polished finish, in a coin capsule. Each order will be one of these with the following designs. The designs are completed but may change slightly when being converted to dies for the striking.

1616756762735.pngKFCoinReverse (1).pngKFCoinObverse (1).png

The Time
Silver demand is ridiculous right now. The wait will be up to 15 weeks. For that reason, there will probably be two runs of this. The first immediately to pay off debt related to materials, the second as we near production to make sure everyone wants it, gets it.


The Purpose
I am being sued by two people. The expenses are thousands of dollars. I also want to buy a new server for our Federated services (kiwifarms.cc / matrix.kiwifarms.net) which are laboring on an econ server I bought for like $800 two years ago. The profits from these sales will go towards those causes.


The Price
~$42.80 per coin, or $17.76 over spot.


Based off of an estimated 500 round sales, I have split the price of production by that number.

Spot Price (Locking in on ~Monday)
+ $4.30 for striking fees,
+ $0.60 for coin capsule,
+ $1.83 for die development (split),
+ $0.34 for artwork (split),
+ $0.72 for shipping (split),
+ $9.97 markup
= $17.76, or $42.80 at current spot.

If these 500 sell out, I will look at where we're at and open up again.

This does not include shipping. See below.


Payment Options
Credit / checking will be accepted.

Cryptocurrency will be accepted, but it will have to be processed manually. You will have to email/dm me your details and I will set the order for you after I receive the crypto.


Delivery
IF YOU WORK IN LOGISTICS OR MERCHANDISE READ PLEASE
I cannot start the run until I figure this out.


The cost of overseas shipping is ridiculous from the US and I want to do something different this time. I can probably ask the mint guys to split the order to two different continents. It is being produced by a group in Singapore and will be shipped from there. I have not a fucking clue how I am going to price for shipping.

As a measure of last resort I can just send the silver to a guy I know in the US who can do fulfillment. I can also ship to myself, but I'm wary of import fees. This will really eat into my margins and it will jack up the price of orders overseas. This seems kind of ridiculous too because the order is already starting out in the old world.

For the love of fucking god if you have a sensible idea for how to get these to people for less than the cost of the fucking silver I am begging you to tell me what your idea is.
 
Last edited:

REEEEEEEEEEEEEEEEEEEEEEE!

Transmisogynoir
kiwifarms.net
For the love of fucking god if you have a sensible idea for how to get these to people for less than the cost of the fucking silver I am begging you to tell me what your idea is.
Shipping across continents is expensive but the customer should be paying for it, not you. If it doubles the price, it doubles the price. How are you having them shipped to the USA? Is the supplier trying to send them by air and just not telling you?
 

Smug Cat

damn looks like ALLAH is with israel lol
True & Honest Fan
kiwifarms.net
The Price
~$42.80 per coin, or $17.76 over spot.
Absolutely based pricing. My wallet is ready.
Shipping across continents is expensive but the customer should be paying for it, not you. If it doubles the price, it doubles the price. How are you having them shipped to the USA? Is the supplier trying to send them by air and just not telling you?
The problem is that the number of people who will buy the coin at 80 dollars is much lower than the number of people who will buy it at 40. Either way it's eating into Null's profits. Finding the cheapest way to get this to the customer is in Null's self-interest.
 

REEEEEEEEEEEEEEEEEEEEEEE!

Transmisogynoir
kiwifarms.net
I would prefer to keep the fulfillment cheap so people actually want to go through with it. Barring that, I need to actually know what to plug into the commerce platform so they can calculate shipping.
I'm confused about what information you're lacking. If you do fulfillment yourself it will be cheaper but a lot of work. In that case you should be able to calculate shipping from the supplier to your office and then go from there. If you want to have a 3rd party do it then they should be able to tell you how much it will cost. I import a fair amount of heavy merchandise from Asia and the cost of shipping is has never really been an unknown. Specifically what do you need to know?
 
Top