closed Counter-auction game - 2 x 1kg Metalor silver bar + 1kg Umicore silver bar - Read the rules, please.

[stefffana]

Surprisingly, the cheapest silver bullion on the market did not sell, although they were put up for sale on the most famous forum of lovers of precious metals in the UK. 

Each of you knows exactly how much a kg of silver is sold at dealers or on ebay, but each of you plays the spot plus premium game very well and you want to buy cheaper than the reference price of the day if possible. Very well, if it's a game, let's play it, and the stakes of the game are my silver bullion bars.  I have added another 1kg Umicore bar to my original post, to have three winners, not only two, and to have an hypothetically longer game.

I want to play with you a game about silver, money, time and competition. It's going to be a kind of counter-auction. In this game we have three known objects (1kg Metalor x 2 and 1kg Umicore) and several unknowns: the love for silver, the level of avarice, the power of purchasing, the fear of losing an opportunity, the time to make a decision. 

This game will be for us as an analysis of the real price of silver but also a sociological experiment of the profile of the authentic stacker.

Rules of this counter-auction:

Today, at 08.00am, one bar is £675 with SD included.

Starting from today at 09.00am, the price will drop with £1/bar every hour until one of you will decide to buy. So, if one of you will decide to buy at 18.40pm, the price per bar to pay will be £675 - £10 (numbers of playing hours) = £665, SD included. 

Any bidder should bid on here his intention to buy, not on private.

One bidder can buy only one bar, on his choice. 

The winners will be congratulated on here and will be contacted by me after the end of this game via PM for bank details and delivery addresses.

Happy bidding, my friends!😊

Stefan.

 

From here is my original post/advert:

Good evening,

I have for sale today 2 x 1kg Silver bars Metalor, at £675 each, SD included (only £20.99/oz delivered!) 

********I have added to my original post another 1 x 1kg Silver bar Umicore, at the same price (today, 30th of November, 08.00am).*******

The parcel will be sent next working day after payment.

I have not certificates, but are 100% genuine, part as a very fair trade from a reputable forum member, sold as bullion.

Because I am at work during the nights, I can't answer immediately at messages, so please, comment on here your interest and I will message you in private for bank details and delivery address. First come is first served.

Thank you for looking!

Kindest regards, 

Stefan.

[gji25]

nice 🙂

[stefffana]

3 hours ago, gji25 said:

nice 🙂

Thank you, mate!

[stefffana]

Bump.😊

[stefffana]

Let's start the auction game!

The clock is timing!🤗

[Paul616]

The magic of silver in your hand

[MetalsMan]

[stefffana]

Aren't you worried that another one will be faster than you?

Already the price per kilo bar has dropped to £670!

The clock is ticking, the price is falling and others are already salivating.

[James32]

29 minutes ago, stefffana said:

Aren't you worried that another one will be faster than you?

Already the price per kilo bar has dropped to £670!

The clock is ticking, the price is falling and others are already salivating.

But if I wait to Friday 🤔😅😅

[stefffana]

3 minutes ago, James32 said:

But if I wait to Friday 🤔😅😅

These bars will go today, are not special and with "character and personality and most certainly a piece unique" like another unsold bar on forum.😁😇

If I will see that is going too low and will burn my pocket, I will buy myself one, and my daughters another two. 😊

[James32]

1 minute ago, stefffana said:

These bars will go today, are not special and with "character and personality and most certainly a piece unique" like another unsold bar on forum.😁😇

If I will see that is going too low and will burn my pocket, I will buy myself one, and my daughters another two. 😊

Always read the small print😅😅

[stefffana]

2 minutes ago, James32 said:

Always read the small print😅😅

It is an open auction. Any TSF member can buy one silver bar. Myself and my daughters are not excluded. There are not small prints on this game. 

[James32]

Just now, stefffana said:

It is an open auction. Any TSF member can buy one silver bar. Myself and my daughters are not excluded. There are not small prints on this game. 

😁👍

[ArgentSmith]

Umicore £669 inc SD, ill take

I did some math and worked out they will be free in 28 days for those with enough patience 🤓

[stefffana]

3 minutes ago, ArgentSmith said:

Umicore £669 inc SD, ill take

I did some math and worked out they will be free in 28 days for those with enough patience 🤓

Thank you, Sir for the first bid on this counter-auction.

You have the right to choose  which one you want.😊

[ArgentSmith]

Umicore 🙄😂

[Gruff]

Stakes just increased with 33% less available

 

[stefffana]

Umicore sold to Mr. @ArgentSmith for £699. 

[James32]

1 minute ago, Gruff said:

Stakes just increased with 33% less available 

1 minute ago, stefffana said:

Umicore sold to Mr. @ArgentSmith for £699. 

£699 😅😅😅😅😅😅😅

[ArgentSmith]

£669 🤪

was there a buyers fee? 😂

[James32]

Gotta love the craic on here😁

[stefffana]

5 minutes ago, ArgentSmith said:

£669 🤪

was there a buyers fee? 😂

I am sorry, my terrible mistake! 

£669, not £699!!!

[James32]

Just now, stefffana said:

I am sorry, my terrible mistake! 

£669, not £669!!!

Is it or isn't it??😅

[stefffana]

7 minutes ago, stefffana said:

Umicore sold to Mr. @ArgentSmith for £699. 

My terrible mistake!

Umicore sold to Mr. @ArgentSmith for £669!🤗

[James32]

Just now, James32 said:

Is it or isn't it??😅

I like how you edited that, now I look like a twat😁