Bitcoin Forum

Economy => Auctions => Topic started by: Scott J on May 13, 2013, 10:35:58 PM



Title: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 13, 2013, 10:35:58 PM
Up for auction is a 1 BTC, series one casascius coin, in good condition.

The coins public key is: 1AUYE382H7emgigA5nDjkK86uUptN6zBYQ

Now, this may seem like an ordinary public key, but it's not! It is one of only 22 Series one coins that have a namespace collision with casascius gold coins.

Just thought I might point out something that jumps out at me:

These coins cause me a small amount of "OCD anxiety" (if you can call it that) for being namespace collisions with my gold coins (that also start with 1Au).  For what that's worth.  Had I the foresight to know I wanted to do gold coins that way, these particular coins would never have existed, the stickers would have been trashed.  So, they're special in a way! =)  I have a small itch to bid on them just to take them and trash them for that reason, but...I don't think it's my place to.  Good luck!

So the coins very own creator would like to see it destroyed! This must be an evil coin!

Please, do your part for the Bitcoin community and make sure it finds it way to safe hands - so you can destroy it or encase it safely in carbonite so it's evil intent can never be fulfilled. Otherwise, who knows what I might do with it?  ;D

Rules:
  • The auction will end at 11:00pm GMT (10:00pm UTC) Wednesday 13th May 2013.
  • Starting bid 3 BTC.
  • Bid increments of at least 0.1 BTC.
  • Any valid bid from 10:51pm GMT onwards extends the finish time by 10 minutes.
  • I will include free postage (signed for on delivery).

https://i.imgur.com/Voicb9g.jpg


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 13, 2013, 11:12:12 PM
Sorry, I made a small mistake! Please could a mod amend the OP so it reads:

The auction will end at 11:00pm GMT (10:00pm UTC) Wednesday 15th May 2013.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 13, 2013, 11:32:21 PM
Escrow via JohnK acceptable?


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: mc_lovin on May 14, 2013, 04:07:37 AM
3 btc


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 14, 2013, 12:29:24 PM
Escrow via JohnK acceptable?
I would prefer not to do escrow on this auction as need the BTC asap.

However, I have a lot of positive feedback and I would like to think there are a few respected members here who would vouch for me.

Feedback:

https://bitcointalk.org/index.php?topic=198318
https://bitcointalk.org/index.php?topic=149699
https://bitcointalk.org/index.php?topic=115892
https://bitcointalk.org/index.php?topic=75898.0
https://bitcointalk.org/index.php?topic=78592.0
https://bitcointalk.org/index.php?topic=96545
https://bitcointalk.org/index.php?topic=134712.0


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 14, 2013, 12:44:50 PM
Incidentally it was funded 2011 12 04 (https://blockchain.info/address/1AUYE382H7emgigA5nDjkK86uUptN6zBYQ)

I can vouch for Scott J & I bid 3.33 btc for it :P


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: BadBear on May 14, 2013, 12:46:57 PM
Sorry, I made a small mistake! Please could a mod amend the OP so it reads:

The auction will end at 11:00pm GMT (10:00pm UTC) Wednesday 15th May 2013.

No I can't. Should be fine, you posted the correction pretty quickly, before any bids.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 14, 2013, 12:47:16 PM
btw I thought that GMT = UTC always


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 14, 2013, 06:26:07 PM
Incidentally it was funded 2011 12 04 (https://blockchain.info/address/1AUYE382H7emgigA5nDjkK86uUptN6zBYQ)

I can vouch for Scott J & I bid 3.33 btc for it :P
Thanks, Otoh for both the vouch and the bid.

Much appreciated.  :)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: mc_lovin on May 14, 2013, 09:05:55 PM
3.43 BTC


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 11:14:42 AM
Rules:
  • The auction will end at 11:00pm GMT (10:00pm UTC) Wednesday 13th May 2013.
  • Starting bid 3 BTC.
  • Bid increments of at least 0.1 BTC.
  • Any valid bid from 10:51pm GMT onwards extends the finish time by 10 minutes.
  • I will include free postage (signed for on delivery).
In the rules I put the bid increments at 0.1 BTC. In retrospect this is too high, but I have to keep it to avoid any possible complaints.

Unless either of you object, I will treat Otoh's bid as 3.3 BTC and mc_lovin's as 3.4 BTC.

Thanks  :)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: tkone on May 15, 2013, 01:36:52 PM
hmm am i missing something why is ppl bidding 3+ btc for a coin worth 1 btc?
just collection item? 200+$ usd for a collection?


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 01:42:46 PM
hmm am i missing something why is ppl bidding 3+ btc for a coin worth 1 btc?
just collection item? 200+$ usd for a collection?
Casascius coins have become collectors items - especially the Series 1 coin with the spelling error on the hologram.

They can sell for over $1,000 on ebay.

http://www.ebay.com/itm/190818189201

http://www.ebay.com/itm/1-Physical-Casascius-Bitcoin-2011-Unredeemed-W-Error-/130905099585?pt=US_World_Coins&hash=item1e7a8d4d41

http://www.ebay.com/itm/1-Physical-Casascius-Bitcoin-2011-MINT-condition-Unredeemed-W-Error-/130904246854?pt=US_World_Coins&hash=item1e7a804a46http://www.ebay.com/itm/Casascius-Bitcoin-Version-1-With-Error-With-value-Minted-in-Nov-2011-/181128840484?pt=US_World_Coins&hash=item2a2c1ec524
[/size]


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: bitcl1234oinfever on May 15, 2013, 02:16:59 PM
hmm am i missing something why is ppl bidding 3+ btc for a coin worth 1 btc?
just collection item? 200+$ usd for a collection?
Casascius coins have become collectors items - especially the Series 1 coin with the spelling error on the hologram.

They can sell for over $1,000 on ebay.

http://www.ebay.com/itm/190818189201

http://www.ebay.com/itm/1-Physical-Casascius-Bitcoin-2011-Unredeemed-W-Error-/130905099585?pt=US_World_Coins&hash=item1e7a8d4d41

http://www.ebay.com/itm/1-Physical-Casascius-Bitcoin-2011-MINT-condition-Unredeemed-W-Error-/130904246854?pt=US_World_Coins&hash=item1e7a804a46http://www.ebay.com/itm/Casascius-Bitcoin-Version-1-With-Error-With-value-Minted-in-Nov-2011-/181128840484?pt=US_World_Coins&hash=item2a2c1ec524
[/size]

Recent auctions have been between 700-800, they have slowly went down from the 1000 marl. You wont get 1000 now a days.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 02:25:43 PM
Rules:
  • The auction will end at 11:00pm GMT (10:00pm UTC) Wednesday 13th May 2013.
  • Starting bid 3 BTC.
  • Bid increments of at least 0.1 BTC.
  • Any valid bid from 10:51pm GMT onwards extends the finish time by 10 minutes.
  • I will include free postage (signed for on delivery).
In the rules I put the bid increments at 0.1 BTC. In retrospect this is too high, but I have to keep it to avoid any possible complaints.

Unless either of you object, I will treat Otoh's bid as 3.3 BTC and mc_lovin's as 3.4 BTC.

Thanks  :)

Both bids were valid as being of at least 0.1 btc more than the last, but if you prefer bids to be of only 1 decimal place it doesn't bother me, did you look in to the GMT - UTC issue from your OP?


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 02:27:03 PM
Recent auctions have been between 700-800, they have slowly went down from the 1000 marl. You wont get 1000 now a days.
True, they have been going for slightly less recently.

Anything close to $700-$800 would be amazing, though I'm not expecting that much.

I considered putting it on ebay, but I really can't stand them  :D


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 02:29:40 PM
Rules:
  • The auction will end at 11:00pm GMT (10:00pm UTC) Wednesday 13th May 2013.
  • Starting bid 3 BTC.
  • Bid increments of at least 0.1 BTC.
  • Any valid bid from 10:51pm GMT onwards extends the finish time by 10 minutes.
  • I will include free postage (signed for on delivery).
In the rules I put the bid increments at 0.1 BTC. In retrospect this is too high, but I have to keep it to avoid any possible complaints.

Unless either of you object, I will treat Otoh's bid as 3.3 BTC and mc_lovin's as 3.4 BTC.

Thanks  :)

Both bids were valid as being of at least 0.1 btc more than the last, but if you prefer bids to be of only 1 decimal place it doesn't bother me, did you look in to the GMT - UTC issue from your OP?
Quite right, so both are valid bids!

This is why I lost my job as a professional auctioneer  ;)

I'm in the UK and it's 15:30pm here.

According to http://time.is/UTC, UTC is 14:30pm - which is almost the same as forum time.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 02:32:53 PM
For clarification:

The auction will end at 10:00pm UTC Wednesday 15th May 2013 (Today!)

We will take forum time to be UTC and will use the timestamps of posts to determine if bids are valid.

Any valid bid from 09:51pm UTC onwards extends the finish time by 10 minutes.



Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 02:41:08 PM
Re speculation about the price, 30 series 1 sold on coblee's auction of May 1st for a total of 90 btc, so 3 btc a piece (1 btc = between $125 & $95 at the time): https://bitcointalk.org/index.php?topic=186198.0;all


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 03:09:50 PM
I'm not sure if the forum time is universal or relates to where your IP comes from, as for me atm it's 410 pm whereas GMT/UTC is actually 3.10 pm now


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 03:10:54 PM
Forum time: (for me) 4.10 pm, GMT/UTC (for everyone) 3.10 pm (well 3.11 now)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 03:12:19 PM
Log out and then look at the forum times.  I'm pretty sure that's the time he means.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 03:18:06 PM
Sorry, I have caused this confusion.

I am currently in BST not GMT, hence the OP not making any sense. Doh!

We will stick to what I've said below, so the auction will end in approx 6 hours 45 minutes.


Quote
The auction will end at 10:00pm UTC Wednesday 15th May 2013 (Today!)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 03:18:55 PM
I logged out & it showed 3.15pm forum time then back in & it now shows 4.15pm. UTC is 3.15pm, seems confusing compared to just using UTC but maybe that's just me.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 03:20:19 PM
I logged out & it showed 3.15pm forum time then back in & it now shows 4.15pm. UTC is 3.15pm, seems confusing compared to just using UTC but maybe that's just me.
That's odd.

It shows the same time for me whether I'm logged in or not.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 03:22:00 PM
btw I would recommend the Firefox add-on https://addons.mozilla.org/En-us/firefox/addon/foxclocks/ which shows world times including GMT/UTC in your status bar, very useful & doesn't rob your wallets also.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 03:29:22 PM
see status bar:

https://i.imgur.com/1ffwXV5.png


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 03:33:14 PM
The only thing I can think is that you have a Time Offset in your board settings.

If you go to your profile then click 'look and layout preferences' you'll be able to see there.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 03:37:12 PM
The only thing I can think is that you have a Time Offset in your board settings.

If you go to your profile then click 'look and layout preferences' you'll be able to see there.

Ah yes ty, I had it offset by 1 hr which probably worked at some time, now I've put it to auto detect & that's much better - it shows 5.30 pm which is my current time, 2 hours ahead of UTC. (& 1 hr ahead of UK).


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: SgtSpike on May 15, 2013, 03:49:00 PM
btw I would recommend the Firefox add-on https://addons.mozilla.org/En-us/firefox/addon/foxclocks/ which shows world times including GMT/UTC in your status bar, very useful & doesn't rob your wallets also.
I appreciate add-ons that don't rob my wallets also.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: coco23 on May 15, 2013, 04:30:22 PM
3.5 BTC


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 08:00:33 PM
Roughly 2 hours to go.

Winning bid so far: 3.5 BTC

 :)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 09:42:08 PM
3.6


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 09:47:43 PM
3.7


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 09:50:16 PM
3.8


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 09:51:02 PM
3.9

How high do you want to go? :)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 09:52:33 PM
Just a reminder:

Auction finish is now extended by 10 minutes from the previous bid time.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 09:52:41 PM
4.0 lets find out  ;)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 09:54:56 PM
4.1


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 09:55:44 PM
4.2


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 09:56:17 PM
4.3


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 09:57:58 PM
4.4


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 09:58:26 PM
4.5

My wife has authorized me to go as high as 10 BTC.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: coco23 on May 15, 2013, 09:58:51 PM
4.6


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 09:59:08 PM
4.7


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 09:59:55 PM
4.8


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:00:18 PM
4.9


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Hannah on May 15, 2013, 10:01:29 PM
5


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:01:48 PM
5.1


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 10:02:36 PM
5.2


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:03:48 PM
5.3


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 10:06:15 PM
5.4


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Otoh on May 15, 2013, 10:06:40 PM
5.5


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:06:53 PM
5.6


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: dozerz on May 15, 2013, 10:09:37 PM
5.7 feels only right to push it to 10..... 8)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:10:10 PM
5.8

It certainly looks like we're headed there.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 10:21:30 PM
5.8

It certainly looks like we're headed there.
Congrats! This is the winning bid.

Thanks to everyone who took part :)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:23:10 PM
dozerz: Thanks for not pushing me to 10. :)

Scott J: What's the address you'd like me to send payment to?


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 15, 2013, 10:25:30 PM
dozerz: Thanks for not pushing me to 10. :)

Scott J: What's the address you'd like me to send payment to?
I have sent you a PM  :)


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 15, 2013, 10:30:14 PM
PM replied to and funds sent.

Sweet.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 28, 2013, 07:35:33 PM
I received the coin today.  Excellent condition.

Thanks!


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Scott J on May 28, 2013, 07:40:48 PM
PM replied to and funds sent.

Sweet.
Brilliant, thanks for letting me know it arrived :)

If you can work out the new trust system on here (I haven't yet!) then some feedback would be great.


Title: Re: * AUCTION - SERIES 1 Casascius coin *
Post by: Jere.Jones on May 28, 2013, 11:39:00 PM
If you can work out the new trust system on here (I haven't yet!) then some feedback would be great.
Done.