Bitcoin Forum

Economy => Collectibles => Topic started by: theymos on July 04, 2014, 12:37:21 AM



Title: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 12:37:21 AM
You've probably seen this coin in various Bitcoin articles:
https://i.imgur.com/yKbv4R7.jpg

It was created in 2010 by Bitcoin core developer Nils Schneider (tcatm). (https://bitcointalk.org/index.php?topic=2537.0) I bought it shortly afterward. I believe that it might be the first-ever physical Bitcoin coin. It doesn't have any sort of private key embedded in it or anything, though. It is one-of-a-kind (AFAIK).

I'm thinking about maybe selling it. Is anyone interested?


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Cryptolator on July 04, 2014, 12:54:32 AM
Nice ! :)

How much shipped to Canada ?



Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: ondratra on July 04, 2014, 01:09:24 AM
If it has no key it is just a token?


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 01:29:59 AM
If it has no key it is just a token?

Yes, just a piece of art.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 01:30:18 AM
Nice ! :)

How much shipped to Canada ?



Probably no cost.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bitmarket.io on July 04, 2014, 01:35:22 AM
I love to buy coins, but I don't think this carries much value. Defiantly less than a Casascius coin.

User tcatm doesn't have much of a reputation.  No media coverage.  Nothing.  His post, this forum, and your listing is the only thing that gives it credence and value.  That isn't enough for me.  But it might be for some other person.

Not to mention it could easily be faked.  Good luck.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: naypalm on July 04, 2014, 01:40:35 AM
Yes.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 01:55:49 AM
User tcatm doesn't have much of a reputation.  No media coverage.  Nothing.  His post, this forum, and your listing is the only thing that gives it credence and value.  That isn't enough for me.  But it might be for some other person.

He's a core developer (https://bitcoin.org/en/development).


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Michail1 on July 04, 2014, 01:57:56 AM
Interested


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bluefirecorp on July 04, 2014, 02:01:02 AM
I can offer BTC0.01 for it, just to get the ball rolling.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Michail1 on July 04, 2014, 02:05:01 AM
Is there any identifying marks, signatures, serial numbers.

Will he sign it, date it, anything of the sort.

Is this coin displayed (picture) anywhere else, etc etc?


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 02:55:54 AM
Is there any identifying marks, signatures, serial numbers.

No. This is the only one...

Will he sign it, date it, anything of the sort.

He'll probably confirm that he sold it to me if you ask him.

Is this coin displayed (picture) anywhere else, etc etc?

Here are some photos I took.

http://imgur.com/dfOSHCs
http://imgur.com/WS6ZeWc


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: monbux on July 04, 2014, 03:08:34 AM
I can offer BTC0.01 for it, just to get the ball rolling.

This is more of a sentimental value... Ill bid 0.02 BTC.
It could probably get you a lot more bragging rights if you had more proof and more media on the coin itself

Are the front and back identical?


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Blazed on July 04, 2014, 03:51:16 AM
.03BTC


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 03:56:47 AM
It could probably get you a lot more bragging rights if you had more proof and more media on the coin itself

Are the front and back identical?

The coin is pretty famous, even if there hasn't been much media on the coin itself. The image in the OP is seemingly used as a stock image in ~5% of all news stories about Bitcoin. Try doing a reverse image search on it.

The copper doesn't go all the way through the coin. The obverse is just the semi-clear plastic stuff.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bitmarket.io on July 04, 2014, 04:02:24 AM
.05BTC


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Blazed on July 04, 2014, 04:09:51 AM
.1BTC


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Blazed on July 04, 2014, 04:15:23 AM
I assume when someone wins this coin...you can toss together a PGP chain of custody for it?


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bitmarket.io on July 04, 2014, 04:16:12 AM
.1BTC
Unbelievable. That's overkill. Good luck.   :P


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Blazed on July 04, 2014, 04:19:39 AM
.1BTC
Unbelievable. That's overkill. Good luck.   :P

you know me..I like 1 of a kind BTC stuff...like that signed BTC from Casascius  :P


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bitmarket.io on July 04, 2014, 04:26:17 AM
.1BTC
Unbelievable. That's overkill. Good luck.   :P

you know me..I like 1 of a kind BTC stuff...like that signed BTC from Casascius  :P

Get tcatm to engrave or sign or somehow put his name/ID on that coin.  Then it'll be worth it.  Your wall sign is so much cooler though. That's been seen by a ton of folks.  That's a great  item for your collection.  Plus it's something you can wallmount and show off. I'm very interested to see how much this coin will sell for.

@Theymos why are you selling it? I don't understand. You just don't believe in these physical collectibles? Why did you buy it and decide to sell it now?


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: theymos on July 04, 2014, 04:42:20 AM
I assume when someone wins this coin...you can toss together a PGP chain of custody for it?

Yeah, I imagine so. I'll verify this before finalizing a deal with anyone.

@Theymos why are you selling it? I don't understand. You just don't believe in these physical collectibles? Why did you buy it and decide to sell it now?

I'm not entirely sure that I will sell it now, but I wanted to see what the interest and price level was like.

It is an interesting item. But no, I'm not much of a collector, and every time I see the image of this coin I think, "I should really do something with that thing..." It's just been sitting in my safe for 3.5 years. Maybe someone else will appreciate it more than I do. (If I needed quick money, I'd sell one of my 9 series-1-error Casascius coins ;).)


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: haploid23 on July 04, 2014, 05:06:05 AM
You don't need to sell something that has sentimental value. It's not like you need the terrible offers seen so far. The forum makes you plenty of revenue.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: allthingsluxury on July 04, 2014, 05:18:55 AM
Very cool as a simple piece of bitcoin history and collectors item.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Michail1 on July 04, 2014, 05:38:27 AM
Since this isn't really an auction, I can stop bidding now.
If signed and gpg chain and actually an auction, I would outbid prior bids.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: OgNasty on July 04, 2014, 06:33:25 AM
I'll bid 0.15 BTC as is.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: coinbroker on July 04, 2014, 07:10:05 AM
would be awesome if just take it as a souvenir.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: culexevilman on July 04, 2014, 07:45:50 AM
0.16


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: OgNasty on July 04, 2014, 07:55:43 AM
0.2 BTC


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: revilo on July 04, 2014, 07:58:38 AM
BTC0.21
And I'll pay for the shipping to UK :)


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: OgNasty on July 04, 2014, 07:59:07 AM
0.25


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: wheresmycoin on July 04, 2014, 08:06:04 AM
.26


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: monkeynuts on July 04, 2014, 08:52:13 AM
0.3 (with the chain of custody docs)

I would pay shipping to UK

How does this end ? When higher offers stop coming ? When the target price is met ?

Interested.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: elianite on July 04, 2014, 09:08:29 AM
also interested in this


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: SelbyTsang on July 04, 2014, 09:46:55 AM
How does this end ? When higher offers stop coming ? When the target price is met ?

theymos just want to know how high the price could go to. :D

@Theymos why are you selling it? I don't understand. You just don't believe in these physical collectibles? Why did you buy it and decide to sell it now?

I'm not entirely sure that I will sell it now, but I wanted to see what the interest and price level was like.

It is an interesting item. But no, I'm not much of a collector, and every time I see the image of this coin I think, "I should really do something with that thing..." It's just been sitting in my safe for 3.5 years. Maybe someone else will appreciate it more than I do. (If I needed quick money, I'd sell one of my 9 series-1-error Casascius coins ;).)


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Blazed on July 04, 2014, 12:21:14 PM
.35BTC


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: monbux on July 04, 2014, 03:11:47 PM
0.36 BTC if signed


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: iglasses on July 05, 2014, 01:24:13 AM
I can't find it now to link but there was a bitcoin story on yahoo today that had this coin as the graphic.  That's gotta be worth something...it's FAMOUS!!! Lol



Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: serp on July 05, 2014, 02:14:32 AM
Is this even an auction atm?

I'll go ahead and offer 1BTC

If you decide to sell it I'd like an opportunity to beat an offer.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: wheresmycoin on July 05, 2014, 02:31:12 AM
theres already a 1BTC offer some time ago, you need to bid higher.



Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: elianite on July 05, 2014, 03:57:59 AM
I would trade a casascius 1btc 2013 brass for it


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Michail1 on July 05, 2014, 02:43:13 PM
theres already a 1BTC offer some time ago, you need to bid higher.



I think that WAS .1BTC.

And, after your post was a 1btc casascius brass coin (not sure if redeemed or not).


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: elianite on July 05, 2014, 07:39:48 PM
theres already a 1BTC offer some time ago, you need to bid higher.



I think that WAS .1BTC.

And, after your post was a 1btc casascius brass coin (not sure if redeemed or not).

oh, lol.
im gonna retract that


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: monbux on July 05, 2014, 07:52:21 PM
theres already a 1BTC offer some time ago, you need to bid higher.



I think that WAS .1BTC.

And, after your post was a 1btc casascius brass coin (not sure if redeemed or not).

oh, lol.
im gonna retract that

What do you mean???  Was that your alt account? ::)


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bitmarket.io on July 05, 2014, 09:32:08 PM
Thanks for sharing coin on here.  I noticed the coin is being used in news: http://news.yahoo.com/bitcoin-may-finally-reached-tipping-point-214512731.html?soc_src=mediacontentstory article is just a few days old.

That article is bullshit. It was posted yesterday. This gives it no credence whatsoever.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: elianite on July 06, 2014, 12:58:52 AM

What do you mean???  Was that your alt account? ::)

No..
I just thought somebody bid 1btc. if thats not the case, I dont want to bid that high.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Blazed on July 06, 2014, 01:02:28 AM
Yes my bid was .1BTC..must have been the confusion  :P


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: wheresmycoin on July 06, 2014, 02:50:36 AM
theres already a 1BTC offer some time ago, you need to bid higher.



I think that WAS .1BTC.

And, after your post was a 1btc casascius brass coin (not sure if redeemed or not).

Because i had pm bid 1BTC  ;D


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: TECSHARE on July 06, 2014, 07:59:07 AM
I might also be interested in this if there is some kind of certificate of authenticity created with some way a 3rd party could verify.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Dannie on July 08, 2014, 01:49:32 PM
So, who is the new owner of that one-of-a-kind physical coin, or is it not over yet? :)


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Rigon on July 08, 2014, 09:58:59 PM
I would like to bid on it, shit is part of history, gonna be worth millions as long it made by satoshi yamakato himself


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: bitmarket.io on July 08, 2014, 10:06:30 PM
I might also be interested in this if there is some kind of certificate of authenticity created with some way a 3rd party could verify.

People are demanding too much evidence that's impossible to provide.  I have some people saying I may have gold plated a defect on one of my coins.  And to prove it to be a genuine defect from the mint is impossible.  I find it fucking ridiculous.   The only justification is a general consensus by the masses.  Rank and status means absolutely nothing.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: tspacepilot on July 08, 2014, 10:13:08 PM
I would like to bid on it, shit is part of history, gonna be worth millions as long it made by satoshi yamakato himself

Hillarious.  You *would* like to bid on it?  But only if it's made by Satoshi himself?  I guess that's why you didn't list a bid.  Theymos, I think .1BTC is a pretty good offer for token like this.


Title: Re: [Selling] The first physical Bitcoin coin(?)
Post by: Possum577 on July 08, 2014, 10:40:00 PM
I might also be interested in this if there is some kind of certificate of authenticity created with some way a 3rd party could verify.

People are demanding too much evidence that's impossible to provide.  I have some people saying I may have gold plated a defect on one of my coins.  And to prove it to be a genuine defect from the mint is impossible.  I find it fucking ridiculous.   The only justification is a general consensus by the masses.  Rank and status means absolutely nothing.

Welcome to the bitcoin age, where rank and status mean nothing!