Bitcoin Forum

This topic is coming up more and more with the recent rise in bitcoin and the rise in newbie accounts looking to sell their valued funded coins. I think this topic is always a fun and worthwhile discussion.  It should also be tracked with any verified sales to see what trends may be occurring.


I will attempt to make an easily digestible coin premium chart of Casascius/Lealana/BTCC/Titan coins & etc.


Where do you think the bitcoin premium for funded coins is going?

Unfunded coins

COIN         DATE SOLD         BTC price at time of sale             BTC PREMIUM            USD PREMIUM

Be worth scraping the existing threads that go back to 2016 or so if you can, get more historical data. Be interesting to track it changing over time.

This might help a bit

https://bitcointalk.org/index.php?topic=5130318.0

msin brings up an interesting point. Bitcoin demand has far outpaced demand for physical bitcoins, and basically any other investment for that matter over the life of bitcoin.  Trezor used to sell wallets for 3 BTC. Pizza sold for 10,000 BTC. Alpaca socks, etc etc.

Everything has lost basically 99% of its value vs BTC over the years. Everything EXCEPT Bitcoin collectibles.  Physical bitcoin collectibles have retained more bitcoin value than any other item over the last 11 years that you could have purchased with bitcoin. msin spent 17btc for a Cas 10, but it is still worth over 10 btc. If he had purchased anything else other than a physical bitcoin collectible it would likely be worth close to zero in BTC. Physical bitcoin collectibles are also a great way to force HODL.

Been slowly documenting and saw something interesting that sparked some thoughts/questions..

If the face amount of the coin does not exactly equal the load amount of the coin, does that effect the numismatic value? (I have some thoughts here but would like to see what people think first)

What if the load value equals the face amount but has more than 1 input?

   IMO....A coin must be loaded with exactly the face value...and also match the year issued...

example... Casascius 1 btc 2011 error should be loaded with exactly 1 btc in 2011...and not in 2012 or any other year for that matter

But anyone could potentially send random satoshis to anyone else's coin to ruin it. Heck, I could send 1,000 sats to every loaded casascius still out there. (not that I would) Then what?

 Yes you could...dusting.   Then you would have no choice if all were. But if i had a choice...then a clean 1btc is the way to go with the correct loading year

Exactly.


What about the 1Sochi and 1Enjoy dust on a bunch of Cas coins? I've heard others say they are more valuable with that dusting, as it's from the USSR World Olympics.

Here's a look back at our old legendary pal Zepher's poll on this very subject. https://bitcointalk.org/index.php?topic=1546441.0

He's been gone over 2 years now; RIP, yet still a f*ckin legend!  :)

  Others can say whatever they want....I never heard of this and never seen a Casascius coin auction selling with an extra premium just because they were dusted with anything or from anyone.

  I couldn't care less if Satoshi himself dusted it.

  Our bitcoin physicals are unique in the collectable world. Not only do some people want the physical purity, but also the digital bitcoin loading purity, with the correct year and amount.  Count me in for both.

  

Right, but you seem to miss the point - Everyone is different, and perceives value differently. :)

Personally, I'm a bit OCD and are more like you, but it's not like you can stop anybody from dusting or overfunding any address, so why bother fretting over it?

I just thought I'd post that link to the poll since it's been discussed before. Cheers! :)

I sold 1BTC Casascius coin with extra 0.001BTC on it few years ago and I still sold it with the same premium value to the same coin that sold here. In my opinion, that excess value is negligible to assess the premium value of the coin as long as the original BTC loaded on it is still intact since the coin itself is wallet and the address is exposed to the public.

It still has been tainted, no matter what.  Its a collector issue,  not the collectable....