Bitcoin Forum

I'm a bit ashamed to upload a pic of these here as they were not stored in airtight containers since purchase; had no idea they would devalue if not but hey ho...
 
Can someone give me an idea of what the floor is on these? Obv. they are funded and intact (i.e. hologram sticker untampered) but .. as I said.. there has been some oxidation over time.

I am considering taking them to a coin collector in order to have them cleaned - an anathema in the world of numismatics I know - but people like shiny stuff....

One is silver and other other silver with bronze (?) highlights.

Will upload pics in a day or two if there as interest. Would prefer to sell both together but would be ok to sell one at a time.

Am London (UK) based. Also I have no idea how escrow would work if I do sell these so please give me some pointers in public replies.

I would advise against cleaning the coin.
Better to post pictures on here so that people can see the condition for themselves.
I’m London based too so don’t mind helping with escrow/reship if required.

Pics here. Please don't lynch me.

Low res:

https://imgur.com/a/UMy6jeR

https://imgur.com/a/t4Ca4UX


High res:

https://photos.app.goo.gl/3muYo6c3PX5ia4bi9

https://photos.app.goo.gl/6BK5mRWCZaYQXsSq7

I think they look cool ! love the patina !

How were they stored exactly?
Exposure to air wouldn’t cause patina to develop that quickly (these coins are only a few years old).
The holograms show signs of wear on the outer areas, so I question if the storage could have affected the private keys in some way.

Predominantly just in a drawer with other stuff.  Bought them in 2013 / 2014 from david at hardbtc. I'm hoping too that the private keys are not tarnished in anyway (but even if a few characters are illegible then it wouldn't take too much effort to crunch through the possibilities). Obviously I'm not going to try "peeking" at them unless they are unsold in which case I'll just get the funds out and use them as trinkets.

I am 99% certain your keys are fine. As long as they where stored dry at room temperature. I opened a cas coin for a client this year, the private key was in perfect condition.
You can expect the priv key to be in same condition as the short public key, which looks fine on your pictures.

Are these supposed to be both gilted Cas's?  Looks like the "gold" rubbed off in some weird way?  I thought the gilt part of the coin was supposed to be like a chemical change in the silver done to it. 

Could that chemical change be reversed by storing it in some type of overly humid environment?

I would start an auction at face 1.0 for each with minimum bid increments of .001 or even .0001.
You won’t get much more than face, maybe $50-100 worth in BTC. You could create a “lot” with both coins if you want to ensure it goes to same person. Escrow is highly recommended, and your best choice is Minerjones. Essentially the buyer would send funds to MJ. You send coins to the buyer (or to MJ). The funds are released to you when either the buyer or MJ has the coins.

Good luck with sale! As far as oxidation goes, I think these coins still look nice and interesting...

Remember that face value of the coins includes all the forks along the way  ;)

Personally I don't include forks as part of face value for a variety of reasons, but that is definitely a fair point.

That only applies if you intend to peel a cass, which I would say 99% of the collectors here aren't doing.

Thanks!

I think they will fetch more than 50-100 USD plus face.
I would love to see an auction  :D

The total value of the forks that was discussed in one of the earlier discussions was about 6.5% of the loaded value if all the forks are present.

I am thinking of putting a reserve on the coins - is that acceptable in this forum ? If they sell for 1 btc  + 6.5% (or even less!) I would rather keep them, cash in via priv key with any forks as well and have them as shiny conversation makers.

Why not just start your auction at what you will take instead of doing a reserve

If you start the auction at 1.1 btc I think you would have bidders and that is plus 10%

I was not considering the forks.

The coin alone, redeemed and cleaned up will fetch more than 100 usd in a public auction for sure
Therefor do I think the it’s worth more than 100 usd plus face

You can even make a hidden reserve making a sha256 of a string with your reserve (and some salt)
Then just publish the hash in the auction OP.
When  reserve is reached or auction is over then can you just publish the string for verification  

just start them at the reserve, makes it easier for everyone.

What of the more casual sellers?

Speaking for myself if I had a brass one going for 1.1 BTC or less, considering the risk and hassle of selling I may well be more inclined to peel it.

I don't care if a buyer tells me the forks aren't worth it to them. I can get perfectly valid BTC for them.

That's exactly what I was thinking of doing.

Appreciate all the comments (from all) so far btw.

ok you are the 1%

thanks!

Face value of a silver one would be
(as of 7/2/19)


BTC 1.0     =10730 (swinging really wide today)
BCH 1.0    =404
Gold 1.0    =25
SV 1.0      =192
Silver Spot= 15
------------------------
                 $11367
thats about 1.06 BTC face value (so %6 checks out :) )

I would bid 1.1 each

Would one of those james avery polishing rags ruin this?. its abrasive but might be helpful in this case? Just thinking out loud

I am 100% against any type of abrasive cleaning.  I would accept the toning/patina as is as any attempt to improve the coin will almost certainly result in making it worse.

I would also throw in a bid if you make a public auction. I would personally not hesitate too long, the since all the fork/shit coins are bleeding badly.

DAYUM those coins are almost nastyfans nasty.... almost  ;)