Bitcoin Forum

Please excuse any naivety.  I have been building up courage to do this for a while, and am somewhat intimidated by the process.  If someone knows a better way of selling than on this forum, please do advise.

Anyhow, here are the pics:

https://imgur.com/a/y6mrH
https://imgur.com/a/ioj8q

I am happy to do escrow, buyer pays fees.  This thread https://bitcointalk.org/index.php?topic=1955202.0 references minerjones who may be willing to help.

I purchase direct from Mike Caldwell in 2012/13 (I no longer have the correspondence, or packaging), and it has sat in a drawer ever since.

Here is a link to the actual coin:

https://casascius.uberbills.com/?address=1F3tZPu8UpYxFSot6sLPEM4A36JkVMPArB

bidding starts at 1.1B, increments of 0.01B

Auction will close on Tuesday 12.12.2017 at 20.00 GMT or 10 minutes after last bid.

Do ask any question, and especially advise if I am making some mistakes.

please check your pm.

1.1

1.12

1.15

thank you.  current high bid

I have no PM from you. 

sorry

So,

perhaps someone can help with this.

as i understand this, my bitcoin (created pre-fork) is actually worth 1BTC and 1BCH. 

with 1BCH = 0.09BTC approx (today), my physical coin is actually worth 1.09BTC.

is this correct?

i'm thinking I would be better off peeling off the sticker.

thoughts?

You have a 1.15 BTC bid from realhummer.

1.15 > 1.09

 :)

yes, but with escrow and risk, that doesn't look like a great premium.

i also believe i have 1BTG worth another 0.015BTC

which makes my starting price lower than the face value.

umm.  it would have been nice if someone pointed this out, or is it obvious to you all?

My guess is that you will get some higher bids when the deadline approaches... and then it will be easier for you to sell rather than peel the coin. :)

OK,

I will keep the auction going, but, I reserve the right not to sell.

Apologies to those who already bid in good faith.

 ::) dood!

LOL

It would have been nice if you'd done the most basic level of research before starting the auction

Only thing obvious here is that you're in over your head

I see your ending time in in GMT, roughly where are you, I have some trusted people I can collect if your worried about shipping, you can pm me more info if you dont want anymore public, my bid 1.16, plus even if you post it, there is not export paperwork :-) I am in uk too

I learned my lesson on a newbie auction. If they don't like the auction price they just disappear or decide not to sell. I do not want discourage legit newbies out there, but been burned twice already. Best thing would be  to send it to Minerjones or another reputable member to sell the coin.

Nice auction is almost over and not happy so back out, that will get you some red IMO
I myself stuck my foot in my mouth a week ago on a large deal and put a price out there and sold but as much as I wanted to not honor it I did!

Im not sure how escrow affects you being a buyer is paying the fee and escrow is to alleviate the risk for the buyer and seller

Looks like high bid was me, we closing this deal or what??

Squall - you win at 1.16BTC

lets switch to PM for exchange

PM sent

my bid was valid, but op needs to clear this up as multiple claims to this coin is being made.

thanks for the PM.  As you state, this was won by Squall1066 at 1.16BTC.

I appreciate the interest, and am sorry it was not more clear who won.

just to inform you all, no deal was made, the user did not understand how an escrow works and was not able to trust either me or MJ, so I decided to pull out of the deal, there was good communication and user was just a bit over cautious, but who can blame him :-) not me, so no deal done for this at this time.

IMO the seller was looking for any excuse possible to not close the deal  :-\

The majority of problem auctions come from either newbie sellers or buyers should something be done about this?

the problem is what can be done, we run the risk of discriminating new users, it is a problem we have all ways faced here as the whole point of bitcoin is its true value is in its anonymity, so there has to be some trust, but to not trust two of the most trusted members on here is a little silly, but hey, its their choice, I struggle to believe that someone holding a 2011 cas coin with holo error (and knew what it was) did not know how an escrow worked, so I was ok to pull out.

If it were up to me I would prohibit newbies from bidding in auctions. Not my decision though. I can tell you for certain if I put up an auction I will disallow bidding from new accounts too great a chance of shilling or non-payment.