Bitcoin Forum

Economy => Collectibles => Topic started by: JohnGalt on April 15, 2018, 02:28:52 AM



Title: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on April 15, 2018, 02:28:52 AM
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: owlcatz on April 15, 2018, 02:33:18 AM
Hold it unless you really need it. Otherwise, only do a face to face meeting with like 9 guys with uzi's. lol. just kidding but seriously , that's insane....  :o

https://blockchain.info/address/1Gop7ok6QWgsrG81M17m6E5x3HFcZ2VoTB



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: OgNasty on April 15, 2018, 02:48:46 AM
Last time I looked the peel value on something like this was around 125 BTC because of all the forks. It will be hard to find someone willing to take all the risks involved with paying that sort of premium. Amazing that youve held it this long. Congratulations! I hope you get a great outcome from it.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ezeminer on April 15, 2018, 02:49:59 AM
Your best bet is to reach out to Greenplastic or otoh. They are the only people I believe that can make a deal with you.

or I could do a payment plan over 100 years :P


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: xtyling on April 15, 2018, 05:02:15 AM
I can buy it at 10 btc


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: chronicsky on April 15, 2018, 05:37:41 AM
I can buy it at 10 btc

you mean 10 btc premium?



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: killyou73 on April 15, 2018, 06:52:32 AM
Your best bet is to reach out to Greenplastic or otoh. They are the only people I believe that can make a deal with you.

or I could do a payment plan over 100 years :P

What about theymos or blazed?!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Searing on April 15, 2018, 06:58:43 AM
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.


so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it :) Stick it in a safety deposit box...

(man, there are worse problems to have but yours...indeed!)




Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on April 15, 2018, 07:40:03 AM
so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it :) Stick it in a safety deposit box...
(man, there are worse problems to have but yours...indeed!)

I do keep it in a safe deposit box, but here's the real problem: It doesn't make sense for me to own such a valuable item that just sits in a safe deposit box. I would rather have the BTC in a wallet so that I can spend it if I need to.

This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: xtyling on April 15, 2018, 07:41:19 AM
I can buy it at 10 btc

you mean 10 btc premium?



10 btc life saving


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: krogothmanhattan on April 15, 2018, 12:00:46 PM
Sending you PM


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Fattcatt on April 15, 2018, 05:45:56 PM
I wanna seeee  I wanna seeeeeee phhhhhleeeeease?  ;D


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: BitcoinNewsMagazine on April 15, 2018, 05:48:03 PM
@Fattcatt it is in Ahonen's Encyclopedia if you don't have here are (https://steemit.com/bitcoin/@nathansenn/casascius-physical-bitcoins-part-2-bitcoin-bars) some photos.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Searing on April 15, 2018, 06:59:46 PM
so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it :) Stick it in a safety deposit box...
(man, there are worse problems to have but yours...indeed!)

I do keep it in a safe deposit box, but here's the real problem: It doesn't make sense for me to own such a valuable item that just sits in a safe deposit box. I would rather have the BTC in a wallet so that I can spend it if I need to.

This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.

Well, that is the catch, you move it to a wallet...I assume it has the private key on a wallet on the secret tab....thus it is a 'big paper wallet' with weight

If indeed you want to move coin..you would have to look at that address etc hidden on this brick as such (I assume) and just move the works that way

to a trezor or a paper wallet...you likely WOULD have to IMPORT it as a paper wallet first (maybe others on here can give better advice)

but again, I have btc in a paper wallet in a safety deposit box ..so I WON'T spend it

anyway, yeah you want to spend it you have to move it or if it acts like a paper wallet IMPORT it into something you can move coin in/out easy

(me, I'm in denial..I just HODL)

So PRETTY!


https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/DQmcWVhyhYiTJ9LVxnMf1q2ybwm6vuR5nYPpk1WWkbpYWom_1680x8400






Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: gentlemand on April 15, 2018, 07:05:18 PM
Last time I looked the peel value on something like this was around 125 BTC because of all the forks. It will be hard to find someone willing to take all the risks involved with paying that sort of premium. Amazing that youve held it this long. Congratulations! I hope you get a great outcome from it.

The fork thing still fascinates me with these. I've seen many a potential buyer refusing to include their value in any bids as if the seller will be delighted to throw money away to pander to their dislikes.

And I know they may well dwindle to nothing. Again, future speculation is not the seller's problem.

If it were me I'd peel this bitch, but it's a good job I don't have a great deal of Casascius products for the sake of their survival.




Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: BitcoinNewsMagazine on April 15, 2018, 07:55:42 PM
I defer to the Casascius experts here but I know early Casascius coins used the minikey private key format. You can't sweep minikeys into most bitcoin wallets, but I believe you can with latest Electrum. Minikeys are 30 characters whilst standard keys are 51 characters.

Get expert advice before proceeding but you could buy a Trezor and after initializing use it with latest Electrum instead of trezor.io and possibly successfully sweep your 100 bitcoin to a new Trezor address. This would give you a way to spend your bitcoin if you decide to peel. Handling the fork coins is more problematic. You could also reach out to Tim Draper or the Winklevoss twins at Gemini to try to arrange a sale.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Zeroxal on April 15, 2018, 09:37:17 PM
I would be ready to buy it for 110BTC before you peel this beautiful piece of art. All the post fork coins add up to about that face value.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on April 15, 2018, 11:20:02 PM
I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Zeroxal on April 15, 2018, 11:26:02 PM
I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6


It's resting on a Bitcoin Suisse AG 10Bitcoin note  ;D


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: chronicsky on April 16, 2018, 05:59:22 AM
I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6




wow that's a beauty  :o :o

funded on last day of February 2012 :D

the 110 btc offer seems fair to me as if counting the forks, the total value of forks is around 10 btc more or less

Good luck on the sale! really wish i could buy one :P


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: dolphriends on April 16, 2018, 09:35:29 AM
Way out of my price range, good luck :)


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Gatorelf on April 16, 2018, 12:04:11 PM
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

you could go into a partnership agreement with an investment group

example A the investment group purchases 66% agreeing the value of (BTC + numismatic) comes to 125 BTC and or $1,000,000 fiat. you get $660k and retain 34% ownership. The bar is retained in Wells Fargo vault ( or what ever group buys in) and is insured. IG pays all fees and the property cant be sold or peeled for five years at which time it would be voted on 1 btc = 1 vote

example B private investors purchase 10% at 12.5 btc a piece until you sell the % you want. Then placing the bar in escrow with a fee paid by all for by all depending on ownership you could have the same agreement and time frame.  Viewing of the bar would require at least two investors and one bank rep at any time during investment period. Any one selling their portion would have to pay all cost associated with transfer of ownership. 


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: killyou73 on April 16, 2018, 12:35:14 PM
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

you could go into a partnership agreement with an investment group

example A the investment group purchases 66% agreeing the value of (BTC + numismatic) comes to 125 BTC and or $1,000,000 fiat. you get $660k and retain 34% ownership. The bar is retained in Wells Fargo vault ( or what ever group buys in) and is insured. IG pays all fees and the property cant be sold or peeled for five years at which time it would be voted on 1 btc = 1 vote

example B private investors purchase 10% at 12.5 btc a piece until you sell the % you want. Then placing the bar in escrow with a fee paid by all for by all depending on ownership you could have the same agreement and time frame.  Viewing of the bar would require at least two investors and one bank rep at any time during investment period. Any one selling their portion would have to pay all cost associated with transfer of ownership.  

Who's gonna escrow this? Blazed doesn't beleive in using safety deposit boxes. This sounds like more hassle than it is worth.

AND then viewing the bar requires 2 investors, so 2 people can walk out with a 100 btc bar and scam everyone else


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on April 16, 2018, 01:00:22 PM
I hate to say it but if you want the funds i would just say peel it.  To find anyone willing to pay over bitcoin spot and the rest of the shitcoins on there will be close to impossible.  Also the logistics in arranging a proper secure transaction will be quite difficult as well.  I appreciate your not wanting to peel yet another bar is commendable but might be your only option.

What i would do is call all the bigtime auction houses and see if its something they want to touch.  Bitcoin is now know in financial circles and at least you wont get "huh?!?" as a response.  Id be interested in hearing auction house stance on 3rd party loaded bitcoin products.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: anonymousminer on April 16, 2018, 01:07:59 PM
I hate to say it but if you want the funds i would just say peel it.  To find anyone willing to pay over bitcoin spot and the rest of the shitcoins on there will be close to impossible.  Also the logistics in arranging a proper secure transaction will be quite difficult as well.  I appreciate your not wanting to peel yet another bar is commendable but might be your only option.

What i would do is call all the bigtime auction houses and see if its something they want to touch.  Bitcoin is now know in financial circles and at least you wont get "huh?!?" as a response.  Id be interested in hearing auction house stance on 3rd party loaded bitcoin products.


There is an offer of 110BTC currently on the table......  :o


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: killyou73 on April 16, 2018, 01:45:17 PM
I hate to say it but if you want the funds i would just say peel it.  To find anyone willing to pay over bitcoin spot and the rest of the shitcoins on there will be close to impossible.  Also the logistics in arranging a proper secure transaction will be quite difficult as well.  I appreciate your not wanting to peel yet another bar is commendable but might be your only option.

What i would do is call all the bigtime auction houses and see if its something they want to touch.  Bitcoin is now know in financial circles and at least you wont get "huh?!?" as a response.  Id be interested in hearing auction house stance on 3rd party loaded bitcoin products.

I would trust an escrow on here with the bar before I trusted an auction house. But I assume there are many secuirty protocols in place at heritage and all those other ones


I guess there isn't anyone here with big enough balls to buy this bar 🤷‍♀️


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on April 16, 2018, 02:21:16 PM
I hate to say it but if you want the funds i would just say peel it.  To find anyone willing to pay over bitcoin spot and the rest of the shitcoins on there will be close to impossible.  Also the logistics in arranging a proper secure transaction will be quite difficult as well.  I appreciate your not wanting to peel yet another bar is commendable but might be your only option.

What i would do is call all the bigtime auction houses and see if its something they want to touch.  Bitcoin is now know in financial circles and at least you wont get "huh?!?" as a response.  Id be interested in hearing auction house stance on 3rd party loaded bitcoin products.

I would trust an escrow on here with the bar before I trusted an auction house. But I assume there are many secuirty protocols in place at heritage and all those other ones


I guess there isn't anyone here with big enough balls to buy this bar 🤷‍♀️

Major auction houses i would trust, they handle things way more valuable than this 100btc bar.  Im not talking a local auction house..


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: yogg on April 16, 2018, 02:35:15 PM
This is a nice bearer bar. I'm really amazed to see there are still some around !

Major auction houses i would trust, they handle things way more valuable than this 100btc bar.  Im not talking a local auction house..

I'm curious to know what these folks would say about the Casascius Bearer bar :

https://i.imgur.com/9GK7BIA.jpg

:D



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: BitcoinNewsMagazine on April 16, 2018, 03:59:06 PM
If you do a search at Barnebys (https://www.barnebys.com/) which aggregates auctions from all major auction houses there have been no auctions for Casascius coins or bars. There is also the sellers commission to consider which is negotiable.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lesbian Cow on April 16, 2018, 05:52:10 PM
Throw it up on ebay starting at 0.99 and see where it lands?   ;D

In all serioussness, there are a few collectors here (less than 10) who could afford this bar and may want it.   I know one of them has already been made aware of this thread.

Best of luck OP, it is very noble you don't want to peel such a rare piece of history but at the end of the day, do what is best financially for you.  If that means you peel it, so be it.

Cheers!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: adaseb on April 16, 2018, 07:28:45 PM
It's really crazy that it only cost $500 to load that bar back in 2012.

My advice... just peel it and sweep all the BTC and forks and just sell the bar itself. You should get something for the bar itself... or does it automatically lose most of its value since it's peeled?

I don't think 110BTC is fair since right now all the forks are worth 11% or so of bitcoins value.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on April 16, 2018, 08:13:28 PM
It's really crazy that it only cost $500 to load that bar back in 2012.

My advice... just peel it and sweep all the BTC and forks and just sell the bar itself. You should get something for the bar itself... or does it automatically lose most of its value since it's peeled?

I don't think 110BTC is fair since right now all the forks are worth 11% or so of bitcoins value.

The bar although would recieve a premium i think if loaded will fetch maybe $1000 peeled.  With the amount of btc and shitcoins in there, negligable.  Id peel and keep the bar and put it in the collection


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: HabBear on April 16, 2018, 10:11:42 PM
This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.

An now it's something that JohnGalt does!



I can buy it at 10 btc over face
you mean 10 btc premium?

Yeah, that's what I'm reading too!   ;D ;D



To the OP, tough problem to have, for sure. You're probably always thinking about it! One can one $800,000 piece of property and be a lot less worried because property can't be lifted...at least not easily! Good luck to you.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: OneNattyLitecoin on April 16, 2018, 10:44:10 PM
Dat tax hit 😢


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: frankbitcoin on April 16, 2018, 10:53:30 PM
This is a nice bearer bar. I'm really amazed to see there are still some around !

Major auction houses i would trust, they handle things way more valuable than this 100btc bar.  Im not talking a local auction house..

I'm curious to know what these folks would say about the Casascius Bearer bar :

https://i.imgur.com/9GK7BIA.jpg

:D



"Look, I have to store the bar.  It takes up a lot of space.  And then I have to find a buyer for the bar.  It's not often that someone walks in looking for one of these.

Plus I'll have to spend a lot of time and resources getting it inspected. 

The best I can do is 3 BTC.  And that's a really fair offer."  ;)


Beautiful bar, OP! 


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: zanzibar on April 16, 2018, 11:06:01 PM
Agree with OP, just not worth holding. I only hold as many physicals as I'm willing to lose. Imagine if someone gets private keys, starts emptying Casascius coins (I know it's near impossible). Shit like that always makes me more nervous than a physical theft.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Gatorelf on April 17, 2018, 12:07:16 AM
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

you could go into a partnership agreement with an investment group

example A the investment group purchases 66% agreeing the value of (BTC + numismatic) comes to 125 BTC and or $1,000,000 fiat. you get $660k and retain 34% ownership. The bar is retained in Wells Fargo vault ( or what ever group buys in) and is insured. IG pays all fees and the property cant be sold or peeled for five years at which time it would be voted on 1 btc = 1 vote

example B private investors purchase 10% at 12.5 btc a piece until you sell the % you want. Then placing the bar in escrow with a fee paid by all for by all depending on ownership you could have the same agreement and time frame.  Viewing of the bar would require at least two investors and one bank rep at any time during investment period. Any one selling their portion would have to pay all cost associated with transfer of ownership.  

Who's gonna escrow this? Blazed doesn't beleive in using safety deposit boxes. This sounds like more hassle than it is worth.

AND then viewing the bar requires 2 investors, so 2 people can walk out with a 100 btc bar and scam everyone else

and one bank rep so thats three people plus its insured..  might as well be robing a bank.. fine details can be worked out there are no problems just people that dont know how to solve them


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: AT101ET on April 17, 2018, 08:55:13 AM
Id say that there are very few collectors out there who are after something like this.
The number of individuals here who can afford this is already down to a handful and of those youd have to assume that only a few would be in the market for a bar like that. Even so, dont expect such a high premium as selling it in the future would be equally if not more difficult and thus buyers would consider that when making an offer. To add to this, as others have pointed out, you also have to consider that some of the individuals who would be in a position to buy this wont actually be interested in the forked coins and will disregard it as part of the offer.
As such, youre best bet would be to peel the coin and get FV for the BTC and forks and then flip the bar on here. That way youd get the full FV with no hassle whatsoever and a little premium for the bar itself.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: monkeynuts on April 17, 2018, 09:33:03 AM
I would love to see the raffle to end all raffles


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: dolphriends on April 17, 2018, 10:40:48 AM
WOW, that would be nuts :)


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: monkeynuts on April 17, 2018, 10:54:32 AM
I think it could be done

But it still has a requirement to set a price, to then determine ticket costs

An agreed escrow to hold funds

And the logistics of transferring ownership

It would generate a lot of interest,  given the scale of the prize,  potentially outside of this place,  which would be great



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: TMAN on April 17, 2018, 10:56:58 AM
I think it could be done

But it still has a requirement to set a price, to then determine ticket costs

An agreed escrow to hold funds

And the logistics of transferring ownership

It would generate a lot of interest,  given the scale of the prize,  potentially outside of this place,  which would be great



0.5BTC per ticket - 256 slots.. Snowfucker to run raffleception after raffleception... I could get behind this type of shizzle


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: killyou73 on April 17, 2018, 02:12:44 PM
I think it could be done

But it still has a requirement to set a price, to then determine ticket costs

An agreed escrow to hold funds

And the logistics of transferring ownership

It would generate a lot of interest,  given the scale of the prize,  potentially outside of this place,  which would be great



0.5BTC per ticket - 256 slots.. Snowfucker to run raffleception after raffleception... I could get behind this type of shizzle

What about 256000 spots at 0.0005 BTC each? So everyone can afford to buy a ticket

That's something I could get behind

Raffle it!!!!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: yogg on April 17, 2018, 02:19:49 PM
What about 256000 spots at 0.0005 BTC each? So everyone can afford to buy a ticket

This isn't how it works.
It can be either 16, 256, 4096, 65536 or 1048576, etc ... (but the latter ones starts to get pretty annoying to manage :P)

I like the idea of a low entry raffle for this, but it'd take forever to fill, I imagine.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: TMAN on April 17, 2018, 02:28:39 PM
0.5BTC per ticket - 256 slots.. Snowfucker to run raffleception after raffleception... I could get behind this type of shizzle

What about 256000 spots at 0.0005 BTC each? So everyone can afford to buy a ticket

That's something I could get behind

Raffle it!!!!

0.5BTC per ticket with feeder raffles of 256 slots giving 2 tickets to the big one @ 0.004 per ticket, that gives you a chance to get 1 ticket to the big one!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: krogothmanhattan on April 17, 2018, 02:53:59 PM
0.5BTC per ticket - 256 slots.. Snowfucker to run raffleception after raffleception... I could get behind this type of shizzle

What about 256000 spots at 0.0005 BTC each? So everyone can afford to buy a ticket

That's something I could get behind

Raffle it!!!!

0.5BTC per ticket with feeder raffles of 256 slots giving 2 tickets to the big one @ 0.004 per ticket, that gives you a chance to get 1 ticket to the big one!

I like that idea too bro


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: chronicsky on April 17, 2018, 03:04:32 PM
0.5BTC per ticket - 256 slots.. Snowfucker to run raffleception after raffleception... I could get behind this type of shizzle

What about 256000 spots at 0.0005 BTC each? So everyone can afford to buy a ticket

That's something I could get behind

Raffle it!!!!

0.5BTC per ticket with feeder raffles of 256 slots giving 2 tickets to the big one @ 0.004 per ticket, that gives you a chance to get 1 ticket to the big one!


this would be crazy for the winner

imagine buying say 4 spots for 2 btc and winning the awesome huge(tiny) bar :O


Would certainly be fun and i would join to gamble :D


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on April 17, 2018, 03:07:17 PM
Would take a looooong time to fill for the op, this would be epic in theory but i dont know if we'd get $1m worth of spots filled for a raffle like this.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: gentlemand on April 17, 2018, 03:09:15 PM
Lots and lots of enthusiasm... apart from the person trying to sell it. I would not be bursting with keenosity to do that either.

How many raffles have there been on here previously and how successful were they?


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: chronicsky on April 17, 2018, 03:15:14 PM
Lots and lots of enthusiasm... apart from the person trying to sell it. I would not be bursting with keenosity to do that either.

How many raffles have there been on here previously and how successful were they?


Two big and successful ones so far

https://bitcointalk.org/index.php?topic=1749943.0


https://bitcointalk.org/index.php?topic=1764145.0


these 2 were so much fun

TMAN sweeped the first one lol


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lesbian Cow on April 17, 2018, 04:26:28 PM
I would love to see the raffle to end all raffles
]

256 tickets at 0.5 btc each?


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: gentlemand on April 17, 2018, 09:56:28 PM
I would love to see the raffle to end all raffles
]

256 tickets at 0.5 btc each?

Surely it's a 1000 BTC coin or go home.

And 0.5 as a punt is pretty hefty. I can't think of too many going for it. At the very minimum as a consolation for not winning I'd want to spend a month inside Mike Caldwell.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Ticked on April 17, 2018, 10:00:38 PM

And 0.5 as a punt is pretty hefty. I can't think of too many going for it. At the very minimum as a consolation for not winning I'd want to spend a month inside Mike Caldwell.

 ( ͡ ͜ʖ├┬┴┬


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ezeminer on April 18, 2018, 01:29:29 AM
I would love to see the raffle to end all raffles
]

256 tickets at 0.5 btc each?

Surely it's a 1000 BTC coin or go home.

And 0.5 as a punt is pretty hefty. I can't think of too many going for it. At the very minimum as a consolation for not winning I'd want to spend a month inside Mike Caldwell.
I would find 0.5 to spend on a raffle of this size :D


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: killyou73 on April 18, 2018, 02:27:27 AM
I would love to see the raffle to end all raffles
]

256 tickets at 0.5 btc each?

Surely it's a 1000 BTC coin or go home.

And 0.5 as a punt is pretty hefty. I can't think of too many going for it. At the very minimum as a consolation for not winning I'd want to spend a month inside Mike Caldwell.

So a 1000 btc bar with a 5 BTC entry I don't think that would ever fill up. 

I don't think there are that many people willing to bet half the average national salary of the USA on a raffle but what do I know


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Hatcher on April 18, 2018, 02:28:20 AM
I think first it would be good to know what John Galt wants for it and then divide that price by 256 to determine the raffle ticket price. If it's a reasonable ask, then perhaps those who are willing to buy it outright could buy the rest of the tickets and take a bit of a gamble if the value of a ticket is in line with what they were originally wanting to spend. I think it's important for the raffle to both get filled, and have the seller happy with the amount that it raises.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Gatorelf on April 18, 2018, 09:41:43 AM
I think first it would be good to know what John Galt wants for it and then divide that price by 256 to determine the raffle ticket price. If it's a reasonable ask, then perhaps those who are willing to buy it outright could buy the rest of the tickets and take a bit of a gamble if the value of a ticket is in line with what they were originally wanting to spend. I think it's important for the raffle to both get filled, and have the seller happy with the amount that it raises.

lol oh yeh the guy that owns it might have a say  ;D

well good luck with it John my final suggestion with something of this value would be have a chat with a Sothebys rep in rare coins   

http://www.sothebys.com/en.html


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on April 18, 2018, 12:16:54 PM
I think first it would be good to know what John Galt wants for it and then divide that price by 256 to determine the raffle ticket price. If it's a reasonable ask, then perhaps those who are willing to buy it outright could buy the rest of the tickets and take a bit of a gamble if the value of a ticket is in line with what they were originally wanting to spend. I think it's important for the raffle to both get filled, and have the seller happy with the amount that it raises.

lol oh yeh the guy that owns it might have a say  ;D

well good luck with it John my final suggestion with something of this value would be have a chat with a Sothebys rep in rare coins   

http://www.sothebys.com/en.html

If sothebys would accept auctioning this not only do i think you will get more from the exotic collectors now that bitcoin is known everywhere but it would put cas coins on a whole new level, would be a great coup for this community.  Worst they can say is no thanks.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Hhampuz on April 18, 2018, 01:17:46 PM
Speaking of raffles... I would not mind hosting it with minerjones escrowing the funds. I could probably make it work, get some news station in on it and people will come.. Raffleceptions have proven to work.

Raffles aside, great bar OP, I'm surprised you had the stomach to hold on to this for so long! Kudos to you.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Ticked on April 18, 2018, 06:29:15 PM
I'm surprised you had the stomach to hold on to this for so long!

Internal storage. Never thought of that. Explains that crafty 4-stomached cow and her never ending supply of chinese silver.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Vigens on May 04, 2018, 08:09:52 AM

Still for sale John? I can get you 115BTC


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Spazzer on May 04, 2018, 07:51:54 PM
I am speechless as it's such a nice bar and you've held it for so long. Props.

The raffle inceptions would be real.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: klondike_bar on May 10, 2018, 09:23:21 PM
If i had to assign a value, it would be 100BTC+100BCH+100BTG+100BTP+... = ~118 BTC

unpeeled 'storage' bars commonly go for about 1BTC, and i think peeled 100BTC bar would fetch a similar price.

so anything <119BTC is a pointless offer, and 125BTC seems like a fair asking price


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lesbian Cow on May 10, 2018, 09:25:42 PM
If i had to assign a value, it would be 100BTC+100BCH+100BTG+100BTP+... = ~118 BTC

unpeeled 'storage' bars commonly go for about 1BTC, and i think peeled 100BTC bar would fetch a similar price.

so anything <119BTC is a pointless offer, and 125BTC seems like a fair asking price

Well said you tasty ice cream treat!

125 btc seems like a reasonable price for both buyer and seller.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: DarkStar_ on May 10, 2018, 09:56:03 PM
If i had to assign a value, it would be 100BTC+100BCH+100BTG+100BTP+... = ~118 BTC

unpeeled 'storage' bars commonly go for about 1BTC, and i think peeled 100BTC bar would fetch a similar price.

so anything <119BTC is a pointless offer, and 125BTC seems like a fair asking price

Fork coins as of right now are worth ~22.41 BTC, if we ignore market depth. A bit higher than what you stated.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Flying Hellfish on May 11, 2018, 06:04:05 AM
@Fattcatt it is in Ahonen's Encyclopedia if you don't have here are (https://steemit.com/bitcoin/@nathansenn/casascius-physical-bitcoins-part-2-bitcoin-bars) some photos.

Thanks for the link to the photos.  I had never seen these before and pardon my french but they are fucking gorgeous!!

Smart investment at the time OP and like so many others have said props for trying to preserve it intact!!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: xtyling on May 11, 2018, 02:43:45 PM
I unload your stress of holding it for 0.5 BTC

Pls inform me back. Thx


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: klondike_bar on May 11, 2018, 02:53:48 PM
If i had to assign a value, it would be 100BTC+100BCH+100BTG+100BTP+... = ~118 BTC

unpeeled 'storage' bars commonly go for about 1BTC, and i think peeled 100BTC bar would fetch a similar price.

so anything <119BTC is a pointless offer, and 125BTC seems like a fair asking price

Fork coins as of right now are worth ~22.41 BTC, if we ignore market depth. A bit higher than what you stated.

are they? I saw BCH as ~0.17/BTC (which is fairly high compared to a 30day average), and BTCP+BTG totalled about 0.01/BTC.  If im missing out on another 5% gains let me in on the secret

in fact, https://btcdiv.com/ seems to back this up - if you search a casascius coin (any year is pre-forks), the total is ~1.1766


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: DarkStar_ on May 11, 2018, 10:33:34 PM
If i had to assign a value, it would be 100BTC+100BCH+100BTG+100BTP+... = ~118 BTC

unpeeled 'storage' bars commonly go for about 1BTC, and i think peeled 100BTC bar would fetch a similar price.

so anything <119BTC is a pointless offer, and 125BTC seems like a fair asking price

Fork coins as of right now are worth ~22.41 BTC, if we ignore market depth. A bit higher than what you stated.

are they? I saw BCH as ~0.17/BTC (which is fairly high compared to a 30day average), and BTCP+BTG totalled about 0.01/BTC.  If im missing out on another 5% gains let me in on the secret

in fact, https://btcdiv.com/ seems to back this up - if you search a casascius coin (any year is pre-forks), the total is ~1.1766

My bad, 22.41BTC was a bit high. You're missing BCX though, which forked 1000:1.

16.235BTC from BCH
2.26BTC from BCX
0.68BTC from BTG
0.288BTC from BTCP


~19BTC plus some misc fork coins that are worth a bit less.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on May 12, 2018, 07:53:17 AM

Still for sale John? I can get you 115BTC

Yes, it is still available but I am asking 125 BTC. I have no reason to sell it for less than I can get by peeling it. I'll send you a PM.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: pawnshop770 on May 12, 2018, 01:01:23 PM
lease it to a museum, You can make monthly checks, it will be insured, everyone gets to see it and you still own it


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: dolphriends on May 12, 2018, 01:41:53 PM
I think a raffle would work for the price you are looking for


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on May 12, 2018, 03:13:48 PM
I think a raffle would work for the price you are looking for

Although i would love to see the piece raffled i dont there there is anyway we can pull off a $1M raffle and raise the requisite funds to pull it off.  The logistics might not be worth it either.  John for the amount of trouble i would just peel it.  Safest way for you with little amount of trouble.  At your asking price you sacrifice 6btc but eliminate all the stress, well worth it


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ezeminer on May 12, 2018, 07:21:43 PM
I think a raffle would work for the price you are looking for

Although i would love to see the piece raffled i dont there there is anyway we can pull off a $1M raffle and raise the requisite funds to pull it off.  The logistics might not be worth it either.  John for the amount of trouble i would just peel it.  Safest way for you with little amount of trouble.  At your asking price you sacrifice 6btc but eliminate all the stress, well worth it
Could probably lease it out to the British museum or something and be like here's 100BTC loaded on a small sticker on this bar.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Zepher on May 12, 2018, 07:43:38 PM
As others have pointed out already, kudos to you for holding onto this for so long. As a few others have worked out, and as you have yourself stated, I wouldn't sell this for anything less than 125 BTC. At the level of money we are talking about, its safer just to peel it when bartering over 1 BTC.

Good luck in your sale bud.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on May 13, 2018, 12:26:18 AM
Pictures as promised:

https://drive.google.com/open?id=1robRMEihPRv21GGkIiUzqmv5duhDPi2e
https://drive.google.com/open?id=1eTgTbEXqY64SCdJLsPO-uGUmKjR-Zpcb


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: dolphriends on May 13, 2018, 05:26:52 AM
Beautiful, I have only seen one in pictures


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: xtyling on May 13, 2018, 09:32:10 AM
Pictures as promised:

https://drive.google.com/open?id=1robRMEihPRv21GGkIiUzqmv5duhDPi2e
https://drive.google.com/open?id=1eTgTbEXqY64SCdJLsPO-uGUmKjR-Zpcb


Wow, really nice!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Spazzer on May 13, 2018, 10:26:59 AM
Speaking of raffles... I would not mind hosting it with minerjones escrowing the funds. I could probably make it work, get some news station in on it and people will come.. Raffleceptions have proven to work.

Raffles aside, great bar OP, I'm surprised you had the stomach to hold on to this for so long! Kudos to you.

The sad thing is I could not even afford the Raffle :P

Excited to hear what happens with it!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Otoh on May 14, 2018, 08:27:19 AM
Your best bet is to reach out to Greenplastic or otoh. They are the only people I believe that can make a deal with you.

or I could do a payment plan over 100 years :P

Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4578705

https://johngaltwealthsolutions.com/



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on May 14, 2018, 09:11:41 PM
Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lesbian Cow on May 14, 2018, 10:22:34 PM
Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

I am confident Otoh can swing the purchase regardless of btc/USD rate if you can work out a btc price now with deal finalization whenever you two can meet.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Otoh on May 15, 2018, 02:15:39 AM
Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

Likely any buyer would already have the bitcoins, as in my case, so the USD rate doesn't really matter that much (so long as one doesn't mind making large amounts of value much less liquid in return for this cool collectable cold storage), I'm happy to offer you 120 BTC (regardless of what the USD/BTC value is when we complete) and exchange face to face at a mutually agreed lawyer's offices* in the States in January 2019 (I'm based in LA, but could fly in to NY np) or if you fancy a trip to Europe before then and don't mind bringing it over with you then I could do it in July - Aug - part Sept - Channel Islands (UK), part Sept - Greece, Oct - Madrid, Nov - Barcelona.

*A simple sales contract having being drawn up to show our details, the transfer of ownership and the relevant BTC addies, the lawyer effectively escrowing by holding the bar until the payment coins confirm at your given receiving addie, a couple of hours max or so depending on how many confirmations you'd like.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: elianite on September 09, 2018, 10:40:24 PM
@Fattcatt it is in Ahonen's Encyclopedia if you don't have here are (https://steemit.com/bitcoin/@nathansenn/casascius-physical-bitcoins-part-2-bitcoin-bars) some photos.

Just an FYI... the linked page is 70% word-for word plagiarism from my book. It is unauthorized, and was created by bitcointalk user nathansenn to whom I provided a PDF preview copy of my book. It is one of 4 plagiarized posts he made for his own personal gain, and he does not attribute me or my book in even one of them in any way. i have been in contact with nathansenn regarding the matter and he has failed to take any corrective action.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: moneyman12 on May 19, 2019, 05:07:22 PM
Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

Is this still for sale?


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: nofreecoins on May 21, 2019, 10:14:14 AM
You a "bearer" for as long as you have that bar, remember that you could sell the bar too damn cheap and get the respective altcoins left, it is hard to keep I imagine.
It can be easy to sell on different markets I imagine, but not safe at all, could try https://openbazaar.org/ but man please don't peel it, you'll regret enough the selling itself :P.
Remember that's probably an amazing history piece.
Edit: I see a sale is being aranged, hope new owner cares of it :).


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: s2 on May 21, 2019, 12:17:17 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: WhyFhy on May 21, 2019, 01:25:20 PM
Considering all factors I would auction it off at face value 100BTC + Forks +    $10000**+ for Cas collectible
at the time of writing this BTC @ 8000 usd , BCH @ 446 usd , BSV @ 64 usd
 your bar is almost 900K usd @ 5/21/2019 Maybe Im forgetting something


-edit got em with that bump shit.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: jazbec on May 21, 2019, 01:39:10 PM
hodl it 2 more years man


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: gentlemand on May 21, 2019, 01:44:01 PM
Chrysties may be a good starting place to reach out to...

It's going to be a long time before established auction houses want to touch stuff like this. If you turned up with one now they'd pat you on the head and tell you to leave. Too many unknowns for them and they wouldn't know how to market it either.

If I owned something like this I'd be pretty stumped. I'd probably only sell in person to someone VERY established on here and even then peeling would look like a lot less trouble. I'm more interested in my own well being than preserving Casascius heritage.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ChiBitCTy on May 21, 2019, 01:49:32 PM
Chrysties may be a good starting place to reach out to...

It's going to be a long time before established auction houses want to touch stuff like this. If you turned up with one now they'd pat you on the head and tell you to leave. Too many unknowns for them and they wouldn't know how to market it either.

If I owned something like this I'd be pretty stumped. I'd probably only sell in person to someone VERY established on here and even then peeling would look like a lot less trouble. I'm more interested in my own well being preserving than Casascius heritage.

Do you know this for sure? I'm not so certain EVERY auction house wouldn't touch it. This is what those businesses do, sell rare and unique items. They take a % cut, so if the value of the bar dropped, either way they're getting their cut. I'm not so sure they can be written off so easily.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: gentlemand on May 21, 2019, 01:53:59 PM
Do you know this for sure? I'm not so certain EVERY auction house wouldn't touch it. This is what those businesses do, sell rare and unique items. They take a % cut, so if the value of the bar dropped, either way they're getting their cut. I'm not so sure they can be written off so easily.

I've never seen anything like this for sale in such places. I would've thought something would've popped up somewhere by now. Perhaps it doesn't occur to owners.

Fees could turn out to be a beast too.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: FFrankie on May 21, 2019, 02:23:18 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: gentlemand on May 21, 2019, 02:31:54 PM
It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

What would be the deal with provenance and liability? I presume that would be their number one reason for turning something like this down. It's not as if they'll have a Casascius desk. The entire valuation hinges on what's behind the sticker so it looks a little too hot to handle for them.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ChiBitCTy on May 21, 2019, 02:41:50 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Sat0shisGhost on May 21, 2019, 06:10:06 PM

It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?
I'd like to think that nobody is going to drop 7-figures on a Cas coin and not inspect it for track marks...


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: FFrankie on May 21, 2019, 06:29:49 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ChiBitCTy on May 21, 2019, 06:39:46 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on May 21, 2019, 09:39:40 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

Chi Which ones do they not applied to?  The ones that were lasered around the edges or were different cas holos that are more subject to this kind of attack?


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: ChiBitCTy on May 21, 2019, 09:43:08 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

Chi Which ones do they not applied to?  The ones that were lasered around the edges or were different cas holos that are more subject to this kind of attack?

Excellent question...I just faintly remember reading something about Mike changing his holos after that DefCon conference where it was "hacked", so it couldn't be done going forward.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lauda on May 21, 2019, 09:47:05 PM
Excellent question...I just faintly remember reading something about Mike changing his holos after that DefCon conference where it was "hacked", so it couldn't be done going forward.
Doesn't really matter. Incentives prevent this from being widespread, and thus it will never be a real issue.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lesbian Cow on May 21, 2019, 11:08:17 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

Chi Which ones do they not applied to?  The ones that were lasered around the edges or were different cas holos that are more subject to this kind of attack?

The melt ring on the holos, like the silvers have, prevents this attack.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on May 21, 2019, 11:55:50 PM
If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

Chi Which ones do they not applied to?  The ones that were lasered around the edges or were different cas holos that are more subject to this kind of attack?

The melt ring on the holos, like the silvers have, prevents this attack.
I figured it was the melt rings that helped just didnt know if the series 3 holos had any different adhesive to further prevent this


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on December 04, 2020, 10:42:59 AM
Well, here we are nearly 3 years later and I still have the 100 BTC bar.

I got busy and I never got around to trading it. Anyway, the price was dropping so there was no hurry. Well, now that the bar is worth almost $2 million again, I thought I should establish some provenance in case I hold it for another few years. Unfortunately, I didn't take advantage of Mike's offer to sign a statement saying that I bought the bar from him, so this is the best I can do.

The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalk.org/index.php?topic=996318.msg55749015#msg55749015):

Quote
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

19mzFU4zFrZHkAkHSUta6LapJ6fTFJyhiH
H4F9vVJE0FfHJDnZw9LDOR7XywQUvowJJdYifufm74LDS5xuD1DzILTxkYQWQwyuYM7Nb2S/5FL0DZEU8F9v92I=

The following is a statement of ownership, signed using my account's signing address (https://bitcointalk.org/index.php?topic=996318.msg55749015#msg55749015):
Quote
Today is December 4, 2020. I own the 100 BTC Casascius Bearer Bar with first bits 1Gop7ok6. I bought it directly from Mike Caldwell in 2012, and it has remained in my possession since then.

19mzFU4zFrZHkAkHSUta6LapJ6fTFJyhiH
H64jsIbQ3pQ99eL4v+/s59UYslRvCtQY/dldFtRHCD/WM/zPXSDAzg4jE1YY/HrYzhzfacrv4ydjk3TcVcwXV9o=


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: M-BTC on December 04, 2020, 10:55:33 AM

The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalk.org/index.php?topic=996318.msg55749015#msg55749015):



You're linking to a signing address you posted today, which doesn't prove anything. Can you sign a message from an old address like this one: 1P1nsECBk5HoSJeQVNdsarpAybz1LHrs1X (linked to this post: https://bitcointalk.org/index.php?topic=1687999.msg17041076#msg17041076)



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: polymerbit on December 04, 2020, 11:47:28 AM
I have a feeling that this point your bar could probably be sold at Sotheby's.




Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Lesbian Cow on December 04, 2020, 12:07:27 PM
.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on December 04, 2020, 12:43:11 PM
The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalk.org/index.php?topic=996318.msg55749015#msg55749015):
You're linking to a signing address you posted today, which doesn't prove anything. Can you sign a message from an old address like this one: 1P1nsECBk5HoSJeQVNdsarpAybz1LHrs1X (linked to this post: https://bitcointalk.org/index.php?topic=1687999.msg17041076#msg17041076)

That's a good suggestion, but I can't find the wallet used to send the bitcoins in that specific transaction. However, I can sign a message using an address from an earlier transaction:

-----BEGIN BITCOIN SIGNED MESSAGE-----
On May 29, 2016, in the post https://bitcointalk.org/index.php?topic=1483586.msg15004658#msg15004658, I acknowledged sending 1.1 BTC to address  1FSeDLeN8Hr4UHBSeoNcNX5gy8oKFHx7pB in the transaction https://blockchain.info/tx/a5314766167ca46047297739924f091834d2e72362de61fd417c0c7126ba6333, from the address 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9, which is used to sign this message.
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9

IL1tHKcs00suqkSe6/Qn+EZv6r77luYv3/qPkkCxuUhNXpMD6n+rj611ZzlkC7cn/dY3X21dG+0QqhjzHtJ9N1Q=
-----END BITCOIN SIGNATURE-----


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: M-BTC on December 04, 2020, 12:47:59 PM
The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalk.org/index.php?topic=996318.msg55749015#msg55749015):
You're linking to a signing address you posted today, which doesn't prove anything. Can you sign a message from an old address like this one: 1P1nsECBk5HoSJeQVNdsarpAybz1LHrs1X (linked to this post: https://bitcointalk.org/index.php?topic=1687999.msg17041076#msg17041076)

That's a good suggestion, but I can't find the wallet used to send the bitcoins in that specific transaction. However, I can sign a message using an address from an earlier transaction:

-----BEGIN BITCOIN SIGNED MESSAGE-----
On May 29, 2016, in the post https://bitcointalk.org/index.php?topic=1483586.msg15004658#msg15004658, I acknowledged sending 1.1 BTC to address  1FSeDLeN8Hr4UHBSeoNcNX5gy8oKFHx7pB in the transaction https://blockchain.info/tx/a5314766167ca46047297739924f091834d2e72362de61fd417c0c7126ba6333, from the address 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9, which is used to sign this message.
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9

IL1tHKcs00suqkSe6/Qn+EZv6r77luYv3/qPkkCxuUhNXpMD6n+rj611ZzlkC7cn/dY3X21dG+0QqhjzHtJ9N1Q=
-----END BITCOIN SIGNATURE-----


Verified!



Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: MoparMiningLLC on December 04, 2020, 12:56:30 PM
that has got to be one of the best, if not the best, investments you made right there!


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: guigui371 on December 07, 2020, 03:00:02 AM
To be fair,
If you wanted to sell it, I would contact the likes of Changpeng Zhao (binance), winklevoss twins, Michael Saylor (Microstrategies), Robert Kiyosaki, @jack (twitter) ....

Any of those super heavy loaded VIP that have interest in crypto.

Going to Sotheby will incur you a 8-10% fee.  And probably a capital gain tax. And then you will have to buy again crypto with the dirty fiat from the sale ..... 

Selling it for 100BTC + xx premium  in BTC should just be a "barter" transaction and maybe no tax (to be checked).


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: OgNasty on December 07, 2020, 05:23:09 AM
I have a feeling that this point your bar could probably be sold at Sotheby's.

Im certain it would get peeled long before considering an auction house sale that would take a ~13% cut.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: philipma1957 on December 07, 2020, 05:35:51 AM
To be fair,
If you wanted to sell it, I would contact the likes of Changpeng Zhao (binance), winklevoss twins, Michael Saylor (Microstrategies), Robert Kiyosaki, @jack (twitter) ....

Any of those super heavy loaded VIP that have interest in crypto.

Going to Sotheby will incur you a 8-10% fee.  And probably a capital gain tax. And then you will have to buy again crypto with the dirty fiat from the sale .....  

Selling it for 100BTC + xx premium  in BTC should just be a "barter" transaction and maybe no tax (to be checked).


If he is USA based the answer is no.

Like kind transaction only works for real easte.

This is due to President Trumps 2018 Tax reform.

Personally I think its a burden to own it just peel it move 99.5  btc out of it then work on the forked money.

Once it is emptied sell it peeled and be done with it.


Cash some coins and pay some tax .  then enjoy the profits.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: wheelz1200 on December 07, 2020, 05:36:37 AM
I have a feeling that this point your bar could probably be sold at Sotheby's.

Im certain it would get peeled long before considering an auction house sale that would take a ~13% cut.

Well yeah not worth a 13% cut unless it made sense to.  

John, honest truth is it probably won't sell here nor anywhere really.  A piece this expensive is either peel or hodl that's your 2 choices with this piece.  Sotheby's wouldn't get a premium that would be worth it...yet.  probably soon (2023-2025) cas pieces will be as coveted as other coveted art pieces.  


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: SwissFrank on December 07, 2020, 08:32:27 AM
Hi!
You should reach Niklas Nikolajsen, founder of Bitcoin Suisse. He is a gold collector and the proud owner of a 25 BTC Casascius.
Check this video https://www.youtube.com/watch?v=-IF4TUt1D94 (14:00).


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Steamtyme on December 07, 2020, 08:45:28 AM
Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

Likely any buyer would already have the bitcoins, as in my case, so the USD rate doesn't really matter that much (so long as one doesn't mind making large amounts of value much less liquid in return for this cool collectable cold storage), I'm happy to offer you 120 BTC (regardless of what the USD/BTC value is when we complete) and exchange face to face at a mutually agreed lawyer's offices* in the States in January 2019 (I'm based in LA, but could fly in to NY np) or if you fancy a trip to Europe before then and don't mind bringing it over with you then I could do it in July - Aug - part Sept - Channel Islands (UK), part Sept - Greece, Oct - Madrid, Nov - Barcelona.

*A simple sales contract having being drawn up to show our details, the transfer of ownership and the relevant BTC addies, the lawyer effectively escrowing by holding the bar until the payment coins confirm at your given receiving addie, a couple of hours max or so depending on how many confirmations you'd like.

I remember watching this a bit back then, I always just assumed this deal had happened and never thought on it any further. Where you guys just unable to meet on a price or was it the timing of it all.

Either way good luck with the sale or peeling wherever this ends.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: msin on December 08, 2020, 10:35:29 PM
Personally I would just peel and store funds on a trezor. There are numerous risks with holding a Cas with this much value. Fire/Water damage, theft, degrading of private key under hologram, compromised Cas private keys (yes I know it's highly unlikely). It'll be difficult and not really worth the premium to find a buyer, so I'd just peel, redeem all the forks, buy a new car  :), and hold the 100btc on something that you know is more secure and password protected.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on December 09, 2020, 06:45:43 AM
Personally I would just peel and store funds on a trezor. There are numerous risks with holding a Cas with this much value. Fire/Water damage, theft, degrading of private key under hologram, compromised Cas private keys (yes I know it's highly unlikely). It'll be difficult and not really worth the premium to find a buyer, so I'd just peel, redeem all the forks, buy a new car  :), and hold the 100btc on something that you know is more secure and password protected.

I feel like peeling it would be wrong. There are only 48 unpeeled bars left, and the closer that number gets to 0, the more important it is to keep the bar whole.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: M-BTC on December 09, 2020, 07:02:20 AM
The chance of fire/water damage and theft can easily be mitigated by taking enough safety measures when storing it. Hopefully teeGUMES' Canary Thread (https://bitcointalk.org/index.php?topic=5290065.0) gives you peace of mind about the odds of degrading private keys but it appears that Mike has done his best to make sure the private keys are well preserved.

Regarding the importance of the bar, I totally think you're right on that one. Depending on Bitcoin's success in the coming years, these bars could turn into modern era artifacts.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Darklight1 on December 09, 2020, 02:14:46 PM
Any pictures of it?


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: JohnGalt on December 10, 2020, 05:18:42 PM
Any pictures of it?

I posted pictures a while back, but they somehow got deleted. Here is an image that I found lying around. It is difficult to access the bar (for security), so this is the best I have on short notice.
https://i.imgur.com/vZN4Pt1.jpeg


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Darklight1 on December 11, 2020, 01:13:54 PM
Any pictures of it?

I posted pictures a while back, but they somehow got deleted. Here is an image that I found lying around. It is difficult to access the bar (for security), so this is the best I have on short notice.
https://i.imgur.com/vZN4Pt1.jpeg

Thanks yeah I noticed the older pics aren't there anymore. This is insane to have. Truly a unicorn amongst unicorns. Good luck in whatever you decide to do. Personally I'd peel it. The hassle of trying to move something like that just seems overwhelming for me.


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: M-BTC on December 14, 2020, 08:33:22 AM
@OP, someone just peeled a 100 BTC bar, making your bar even more scarce: https://twitter.com/CasasciusBot/status/1338400854144024577?s=19


Title: Re: My loaded 100 BTC Casascius Bearer Bar
Post by: Vigens on February 09, 2021, 05:09:17 PM
This is an amazing piece of history right there. Props for HODL.