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Title: Casascius coin price as collectible - theory Post by: coindragon on January 05, 2014, 06:45:28 PM Casascius coin (CSC) mint was recently under the zoom of US regulation authorities. As result the mint stopped to operate.
I thnik this can have significant impact on value of any Casascius coin regardless Casascius start to operate again or not. Casascius fund the coin to specific registered BTC address and this fact is stored in blockchain with timestamp. My theory is that CSC market value could strongly correlate with date of funding the coin multiplied by BTC amount funded. Similar to Bicoin days destroyed (http://blockchain.info/charts/bitcoin-days-destroyed-cumulative). Of course Brass coin will have lower value than silver playted or gold playted coin. But in long run for coins in the same material cathegory, ''how old the blockchain timestamp is'' could be the strongest collerator of CSC price. I assume here that coin is in mint condition. What do you think? Title: Re: Casascius coin price as collectible - theory Post by: gambitx on January 05, 2014, 06:52:36 PM is he still minting or not ? if he will mint soon i see no reason for value to go up
Title: Re: Casascius coin price as collectible - theory Post by: coindragon on January 05, 2014, 07:15:34 PM is he still minting or not ? if he will mint soon i see no reason for value to go up Currently not minting. To check go to casascius website - https://www.casascius.com/. Of course, taht doesnt mean CSC will not be minted in the near future. I just won auction of 1BTC brass CSC for 1400USD. Coin was funded in Dec 2011. I guess you do not share my opinion. But take into account I mean long run - 10 and more years. |