Bitcoin Forum

What say the collectible community?

Purchased some great stuff on here recently. Can I get some of your opinions on self funding? Pros or Cons......

Thanks-

Sure.. Pros. You control it. Cons you can mess it up! :D

Resale after self-funding - Don't bother. :P

Your main problem your going to run into is credibility.  Most of the people that sell funded coins here are either trusted,  or they are selling funded coins from a previously trusted source.  

I think everyone here is missing the question, you should NEVER fund an empty lealana, cas, or titan or anycoin because someone else probably has the private key

I prefer to keep unfunded coins unfunded in case I decide to resell them some day.  Just my 2 Satoshi.  

Correct.  Unless you got it from that coins maker.  Such as Lealana (smoothie's coins) I think that would be ok to fund.  But you won't get any resale value on it, no one would trust it.  Well anyone with any sense wouldn't trust it. 

Appreciate all the feedback. While I'm not planning on selling any of the coins anytime soon if ever, self funding seems like a sure fire way to limit the option. I suppose it was a way mentally to lock up the funds on something tangible and store it for awhile. Also, some of the coins that are .01 denominations seems like it would be cool to load so the face value matches real world value.

Can I recommend a nice paper wallet to fund..

For recreational purposes I think funding is not a problem but don't fund something you plan on re selling.  I personally don't but that's cause I buy coins for collection purposes and don't like messing with the original product as is.

I would agree,  I funded a nasty fans seat and it took forever to sell because it was funded

I don't see how the Lealana Buyer Funded coins are any less secure or riskier than the pre-funded. They both have private keys and holograms placed on the coin by smoothie. What am I missing?

If you are going to fund lealanas, do them upfront so you don't have buyer dundee laser marker ked holos, they generally sell for less than the nonarked.  But as far as security goes with lealana, they are both the same...

Exactly how i feel on the matter.   I just used Lealanas as an example of a coin you could fund after, and might be able to still get a premium on it.  But I completely agree you stand to make far more if the coin was loaded by Smoothie himself, rather than buyer funded after. 

Im working on it. Patiently waiting for your next auction!

I have no problem buying self funded coins at all. If they are from a reputable coin maker like Lealana and the hologram is intact, no problem at all.

I had a thought.  What if a well known coin maker offered a service to fund peeled coins / DIY coins for customers.   This person would have to be an established coin maker and trusted by the community already, but I think it would be neat seeing some peeled coins get restored another another coin makers banner.   

Thoughts? 

Personally I hate having such cool holo’s just sitting dormant when they’d look so much better on the coin. 

So we got OGnasty, who would say the service isn't worth his time unless you paid an enormous fee, smoothie who seems to be MIA?(I think), Mike, which would be really cool if he did but I think I have a better chance of winning the Powerball, denarium, (or however you spell it) based not in USA so shipping charges I don't think it would be worth it with the risk of losing it

I'd only recommend funding a coin for which you created the key pair.  If you are unaware how to create the key pair, there are great resources available explaining how to create a public-private key pair securely.