Bitcoin Forum

I'm a sucker for seller-loaded collectibles - Casascius, Denarium, Titan, you name it. I like how the loaded BTC increase an item's value even further, and I love the feeling of holding my BTC physically in my hand. Nothing beats the Titan Gold: 1oz gold + 1 BTC + a beautiful and well-crafted coin. Triple-Good  ;D ;D ;D

I wonder though what your opinion is on collectibles which are owner-funded to their face value? Let's say a Kialara: Would a loaded one increase its value for you beyond the loaded amount, keep its value and just add the BTC value, or even decrease its value (since it'd be "used" or "altered")?

Loading a 2014 original, gold or silver Kialara would be a mistake. Not so much with the Signature Series, since they were designed to be disassembled and the torx driver provided.

IMHO best handling of collectibles is: keep it in it's original state.
So funding a collectible is a no no for me.

Opening up a kialara may ruin it if not done properly, also make sure to wear archival gloves.
Loading up other DIY coins may be good but only for yourself because who's going to trust you with a private key that you created?

Not saying you are not trustworthy just that one thing is if BTCC or Denarium loads it one thing if a private third party does it.

I won't buy a funded cryptocoin. Titan e.g. has missed out on sales to me because they only sell funded. There are too many choice collectibles to choose from unloaded.

It depends. Loading it yourself won't give it a premium and it often makes it more difficult to sell (which would take away from the premium you could usually demand).
If you were going to load it then I'd say don't load it more than the denomination marked on the coin. In my eyes it just taints the coin  ;D

If you want to keep it as a "collectable" i would keep it as is.  I do have some cheaper diy coins i loaded but i know the resell on those is nothing really.  Just depends on your motives i think

I loaded my supreme BTC coins, they only have a face value of .05 BTC if I recall correctly

I think DIY coins should be loaded, where assembled non-funded should not be funded, expect those SHIBANU assembled DOGE coins

I usually don't load them, unless I plan from the start to (probably) never sell that particular coin. For instance, I bought a .999 Fine Silver Unobtanium Bar a year or two ago, and I immediately put a little UNO on it. Every so often, I remember that I have it, then I add a little more UNO. I'll keep it forever and never sell it. It's a fun savings account. (And I stress FUN over the SAVINGS ACCOUNT part.) I might also load one as a gift to someone, but never for resale. It's the trust issue with the private key.

Just my two pennies worth. ;)

Regards,
Chris

Guys, don't freak out, I funded my original Kialara and took the tab off of it.  ;D

No regrets, not looking back, never selling! Also, I'm funding my MOON one when it arrives.

P.S I'm known to crack slabs to free coins as well. You get to write your own rules of what you want your collection to be! (Now if your goal is to maximize returns etc then this doesn't apply)

I think funding an unfunded coin will probably not increase the value, and may even reduce the premium you will get. Simply because the more BTC that's loaded on it the less people who can afford it. You're also trusting keys someone else generated.

Funded coins, especially 1BTC+, are too risky for my tastes. There is so many opportunities for someone to intentionally or unintentionally mess up when generating keys. A new maker would have to prove themselves over a long period that they have a secure system, in my opinion Casascius is the only maker who has meet this requirement. I'm sure others will over time.


 

When the Core/Unlimited debate was at it's paroxysm, I figured out that if the BTC blockchain is forked, we should load as much collectibles as we can before the fork since the collectibles will contain the coins on several blockchains.
Would they be more valuable ? Maybe :)

Agreed!

Loading a unfunded will effect its value!

Funding a Kialara isn't recommended because if you ever need to withdraw, destroying that beauty wont be good

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yep thats true but will you then crack open the coin to get the privkeys and take out the two types of coins?
I dont see why its good! If you don't peel the holo and just think you have two coins and whenever you want , you can do it!
There's always a chance for one of them(BTU) to dissipate after people realize it sucks, so you will miss on the opportunity.
OR Maybe they stay split like ETH and ETC but no one knows.

Instead keep them on a written paper and redeem the keys when/if fork happens to find your two coins