Amagi Metals News |
---|
From an actual purchase of 21st September 2014, a review is posted. |
Throughout the year we have seen a sharp increase in our overall Bitcoin-paid sales. As of now about 30-40% of our total business is through Bitcoin customers and we thank you all so much! We are currently working on ways to educate our fiat currency customers on Bitcoin as well as find ways to transfer dollars into bitcoin easily in the future (ie: Bitcoin ATM in our showroom, easy wallet set ups over the phone, etc.) We can't wait to show you more! -- Amagi Metals |
Amagi Metals has redesigned their website with many new features! “Our customers will be impressed by the simple design and won’t have to visit numerous sites to retrieve all the information they are looking for in the precious metals and cryptocurrency world. Amagi wants to truly simplify the experience of buying silver and gold with our new features.” - Stephen Macaskill, CEO |
Stephen Macaskill CEO of Amagi Metals can be heard on this YMB Podcast. |
I made a test purchase from Amagi Metals on Sunday night, September 22, 2013 at 10:34pm.
Results – Amagi Metals review – Sep 22nd 2013
Spot Price Silver | Store Price | Shipping (Denver to Tampa) | Add'l Fees | Total Cost Above Spot | Total Cost Delivered | Days to Ship | Total Days Order-to- Delivery |
---|---|---|---|---|---|---|---|
$21.56 22sep13 | $24.68 | Standard Shipping $2.50 | Bitcoin process fee $0.28 | $5.90 | $27.46 | 1 | 3 |
See how Amagi Metals compares to the competition.
Step-by-step review
Here is a walk-through of the purchasing experience on the Amagi Metals shopping cart. This will be a very detailed review of the buying experience at Amagi Metals, to include any quirks or weirdness I may have encountered during the process.
To make this purchase, I started from the Silver Selections tab in the footer area of the BuyGoldWithBitcoin homepage. It links to the page which includes all the Amagi Metals selections in silver.
Within the Amagi Metal’s silver selections array, I clicked on 1 Oz 2013 American Silver Eagle Coin which showed a price of $24.66. (Taking these screenshots delayed the process considerably, so that the price was actually $0.02 higher by the time I checked out.)
A new window opens at the Amagi Metals shopping cart page showing the American Silver Eagle coin. Availability: In stock $24.67
At the top right of the page, you can set the currency to display in bitcoin and it changes to say:
Availability: In stock B⃦0.1998
(That’s a bitcoin symbol. If you can’t see it well, it looks like the dollar’s capital “S” with vertical bars, but uses a capital “B” instead.)
At that point, the page looks like this, with everything displayed in bitcoin prices, including the bulk purchase rates.
Click the Add To Cart button after setting the quantity.
You are automatically taken to your shopping cart which says in the green area,
“The 1 Oz 2013 American Silver Eagle Coin was added to your shopping cart.”
You can still switch between currencies at this point. Here is how the page looked when displayed in dollars.
You’ll notice that when displayed in bitcoin, there is an additional fee of 0.0003 BTC (bitcoin) added to cover the Amagi Metals transaction fee. As the bitcoin price at the moment was around $123.00, this comes out in dollars to around a $0.036 transaction fee, or just under 4 cents.
In the Estimate Shipping and Tax box on the lower left of the page, you enter your Country, State/Province and Zip Code. Then I clicked the Get A Quote button. The choices for this order were, in bitcoin:
USPS (Insured) – First Class Mail Parcel B⃦0.0170
United State Postal Service – Standard Shipping B⃦0.0202
(There’s the bitcoin symbol again.)
I chose the shipping method with slightly less cost, the USPS (Insured) First Class Mail Parcel.
While switching the currency to dollars, the difference in shipping methods is 40 cents.
USPS (Insured) – First Class Mail Parcel $2.90
United State Postal Service – Standard Shipping $2.50
And then something unusual: Inexplicably, in dollars the less expensive option is not First Class, but Standard.
I switched back to Standard Shipping at this point, saving 40 cents. Then I clicked the Update Total button.
The total price with $2.50 Standard Shipping becomes $27.16 delivered. I then clicked the Proceed to Checkout button.
On the Billing Information page, with the currency set to bitcoin, I filled out the billing information.
To prepare for payment, I opened my bitcoin wallet ahead of time, which in this case meant opening a new tab or window for blockchain.info, logging in, and clicking on Wallet. With sufficient funds available, I switched back to the Amagi Metals page, made sure my billing information was filled out, and clicked the Continue button.
On the Shipping Method page, the option for Standard Shipping at $2.50 is selected automatically. On the right hand column the website displays your billing and shipping addresses, as you previously filled them out.
This is a good time to check for errors.
On the Payment Information page, I then selected Bitcoins. It says,
“Once you select Continue, you will be given a total with the bitcoin address to submit payment. Please have your wallet ready to send payment. It is not recommended that you send payment via Coinbase.”
With Bitcoin payment selected, I clicked the Continue button.
The Order Review page appears next, showing the order with Product Name, Price, Quantity, Shipping, Bitcoin Processing Fee, and Total.
Something unusual. The Bitcoin Processing Fee is now $0.28. It was earlier just under 4 cents, but here it is displayed as 28 cents. This brings the total to $27.45 including shipping and processing fees.
This page shows a “Pay with Bitcoin” graphic, provided by BitPay. Below that is the Amagi Metals Terms and Conditions. There is a box you must check to agree with the Terms.
The amount of 0.2223 BTC is displayed within the graphic. Just under that, in the center of the graphic, is an area to click labeled “Pay with Bitcoin.” I clicked that.
Oops. It turns out, that’s where you click only after installing a Bitcoin client or application on your computer, tablet or smartphone.
I hadn’t installed one, so I got this error. I had preferred at the time to use my Blockchain.info wallet manually, without the convenience of one-click purchasing. I used the back button to get to the previous page without trouble.
Now back on the page, I clicked on View Address, because I need the bitcoin address that receives the payment. The address appears just below the Pay with Bitcoin button. I selected and copied (Ctrl+C) that address to my clipboard, and went back to my wallet page.
I pasted the address into the To: box within my bitcoin wallet.
Returning to the Amagi Metals page, I copied the bitcoin amount.
Paste the bitcoin amount into the left side of the wallet Amount: box. On the right, the equivalent amount in dollars is shown as $24.71.
Double check for mistakes!
There is no way to go back after this.
Click the Send Payment button. A blue progress bar will appear immediately for a few seconds, and you’ll hear one beep.
The confirmation page says, “Your order has been received – Thank you for your purchase!”
Clicking this link will display an order confirmation that can be printed or saved.
The confirmation email arrived immediately.
Going to My Dashboard at Amagi Metals, the status column shows “payment review”.
By 2:00pm the next day, the status column changed to “Received Payment.”
The USPS tracking number arrived by email at 6:05pm the same day, just 4 hours after the payment was cleared.
It included a link for tracking the order through USPS First Class.
The USPS Tracking page provided updates until the order was delivered on Thursday, on the 3rd business day after the order was received.
Here is the coin as it arrived shipped in a clear plastic sleeve within the postal envelope.
Here is a better scan of the actual coin. You can enlarge it to see the closeup detail on the coin, showing just a few light bag marks on the reverse.
It is a nice example of the ASE, one of the world’s most beautiful coins, the 2013 American Silver Eagle.
The packing slip was professionally done. It did not indicate the cost of the sale, but only the contents shipped without a declaration of amount paid.
A printed advertisement for a John Galt Silver Rounds special “as low as $1.89 over spot price” was attached to the packing slip with a rubber band.
Three weeks later, the recent purchases review form arrived by mail with the question,
“You recently bought 1 OZ 2013 American Silver Eagle Coin, what do you think about it?”
In this way, the customer is encouraged to report their level of satisfaction with recent orders, which is a reassuring sign of good customer followup at Amagi Metals.
Spot Price Silver | Store Price | Shipping (Denver to Tampa) | Add'l Fees | Total Cost Above Spot | Total Cost Delivered | Days to Ship | Total Days Order-to- Delivery |
---|---|---|---|---|---|---|---|
$21.56 22sep13 | $24.68 | Standard Shipping $2.50 | Bitcoin process fee $0.28 | $5.90 | $27.46 | 1 | 3 |
See how Amagi Metals compares to the competition.
Support our reviews.
Leave a Reply