2019.06.07 Auction: 2012 Casascius 5 BTC BLANK - 3 DAY AUCTION

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Item:
1 x 2012 Casascius BLANK




Description:
This is an original 2012 Casascius coin, Casascius sold these coins in rolls of ~45 coins and listed them as "Roll your own coin".
The idea was that the buyer should make his own private key and put on his own hologram, also known as a DIY coin.
This is not a redeemed coin, it never had a private key nor a hologram.
There is no hologram included however the coin comes with a air-tite plastic case.
The pictures shows the actual coin the winner will receive.

Starting Bid: 0 BTC.

Bidding Increments: 0.001 BTC.

Shipping: Free shipping with standard registered mail.

No Sniping: Auction ends 15 minutes after the last bid.

Ending Date: June 10, 2019, 09:00:00 PM (Unix time: 1560200400)

Disclaimer: I reserve the right to refuse a bid from newly created accounts or shady users.

Payment address: 38Q3YJDcz7Y3ejThmnjEKozSv9VftnTChm


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To prevent phishing, I kindly ask you to NEVER send funds to any other address than:
38Q3YJDcz7Y3ejThmnjEKozSv9VftnTChm<-----------

If you at any point have doubt about my identity do not hesitate to ask me for a
signed message with the addy above.

If you are receiving a PM from me, check the user ID  (u=109430).
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Even thought it is so painful to see 0 listed after 9 in a hexadecimal system...

I'll take slot: 0 and E

Thanks

Tx id:
2c7836135217c793e35ccd1f8a50720ab8816b14c66abeb735e983ced6bc492f

Where are they shipped from?

TookDk's Crypto Stall
Next day shipping - All prices are in BTC and including free delivery.

Dear forum members,

I have a few Casascius coins for sale, there are graded by ANACS and have the old school yellow label.
Absolutely top grades for the Casascius brass coins - which rarely grade this high.

2012 Casascius 1 BTC MS69 SOLD
2013 Casascius 1 BTC MS69 SOLD





*) Late funded Casascius
There was a small batch of coins funded in 2016  - long after Casascius stopped all sales, I bought this coin from HardBTC.
Signed message from Mike


I reserve the right to change the prices for what reason i might have.

The coin will be shipped from E.U.

Escrow is always welcome.

Kind Regards,
TookDk

Darn i missed it  
LC get one more kilo coin out of the safe and roll again!  

Maybe I have what you are looking for.
All my coins are high graded by ANACS with yellow slap.

I am located in EU, which makes trading much easier.
I have send you a PM with details.

Cheers

I admit that I consider 0.05 BTC to be an significant amount.


If we fully play out this scene fully - You put up a Cas for sale and the premium is less than the value of the shit coin (either due to low premium or high value of shitcoins), then is not unrealistic that a buyer would purchase the coin solely to peel it right away.



When BTC rate goes up, some casascius owners will be tempted to peel the coins and redeem the BTC and the shit coins that comes alone.
It happened before and it will certainly happen again - especially around big bull runs.

Lets say you own a 25 BTC cas coin. BCH alone is worth 1.25 BTC.

It would make absolutely NO sense (from a financial point of view) to sell the coin for less than 26.25.
When you take the security challenges with delivery into consideration then would most buyers want an even higher price to make the sale and risk worthwhile regardless of peoples opinion of the shit coins.  

Don't get me wrong Lauda, I am no fan of the forks and all the shitcoins. I would love to see them ALL of them go to zero and flatline.
But they are loaded on the cas coins no matter if you like them or not.

Cheers  

You are right about the fork, i bow to your great knowledge.

Maybe you can edcuate me further on this then:
 

A private key with e.g. 1 BTC pre fork will hold 1 BCH. 1 BCH is ~0.05 BTC

0.05 /= 0 ?


Thank you 

I was suprised as well how much your signature is worth.
Such nice respect for the winners that you will limit these signed coins.

Great auction!

The major BTC forks took place in Q3-Q4 of 2018

1 BTC prefork has 0.053 BTC worth of BCH+BTG with current rates.
So for a half it would be 0.0265 BTC.

One can make his own evaluation if this is an negligible amount or not.

Cheers!

Spokanistan51 might not want to sell all 50 coins at this point.

Personally I would love to own an intact cas roll, when that is said; i think there is incredible few that would be willing to buy a high premium for an intact roll.

It is worth mentioning, that coins coming out of a fresh roll is in pristine condition.

Good luck with the sales.


As far as I remember last time was when Mike himself was auctioning rolls, 6 years ago.

#3 1.1

I am not a Kialara collector myself, however I am wondering which of the pieces that is most desirable for you collectors?
If I should guess then Thug Life or 1 BTC Gold (based on some crazy auctions in the past).

I would most likely have bought "Satoshi Summons the Bulls" - but I am way too slow, its already sold.

Please understand that words like "eBay" and "Paypal" is not too popular here (for obvious reasons) - so using some random coin on eBay as an argument for your buying range will not get your very far - and you can certainly expect an reaction. Especially when you start out saying you would be willing to pay a premium when buying from a reputable seller.

Instead of starting some pointless discussion - try to use this forum as a resource instead, you will not find any other place with greater combined knowledge of Casascius collectibles.

Cheers

I would like 3 copies if possible.

AT101ET, monkeynuts... maybe go buy a pallet of news papers?  

Thank you mr. MN.

I will take 29

Next batter up is philipma1957

The whole point of the trust system is that you appoint a group of people to DT1 - because they are trustworthy.
It will then be up to them to add people on DT2 to extend the default network.
It is not a perfect system - but it has worked well for many years.

But in order for the system to work - then must the DT1 user be free to add/remove anyone on their trust list - without having to constantly defend them self - they havde been appointed to DT1 because theymos trust their judgement.

I do not se how any DT1 users would be motivated to manipulate their trust score?
They are already been proven trustworthy and every veteran user here know exactly who is on DT1.
The trust score means nothing for these users.

Op basically imply that the DT1 user is not allowed to have feedback from someone on their trust list - this is nonsens, as the people ending up on DT2 most likely did some type of business or trade with the DT1 user in the past - which ultimately lead to being trustworthy and be on DT2.

Basically OP just point out how the trust system works, there is really nothing useful in the information listed - maybe there are some academic interest, but that's all.
Obviously Annon001 is a shill account - if you want to discuss this core matter, then plz use your primary account.

Nice collection 

My bid is 13k DOGE for the cat.

Is there discount if buying multiple cats?