Received my Titan Coin today. Very nice.

The coin is about 3.3 cm in diameter so it looks a bit smaller then in the photo.

(The Casascius silver bitcoin is about 3.8mc in diameter)

Came in a small priority mail box with a "Certificate of Authenticity" and Instructions on how to "activate" the coin.

I was able to scan the qr code on the back of the coin with my mobile.

On the web-form I had to enter:
Delivery Confirmation Code received on the letter with the coin.
Email confirmation Number received in the email they sent with shipping notification
Entered My Email
Entered My password

When I submitted the form I received an email to a link to verify the registration and fund the coin.

The coin also came in a little black pouch.
Nice Job Titain.

How about Bitcoin stickers?

Also, what does the hologram for the PK ones look like?  Is it the same?

Very interesting - thanks for the link!  Perhaps this has already been addressed, but do the Titan coins not have these issues, or is 2-factor their main solution to this?

Couple of questions, forgive me if they are answered but I can't see it:

2. Can the ownership of the physical bitcoins be transferred from owner to owner without needing to redeem the coin? I.e. can I sell my Titan Bitcoins on in a few years time to another owner?

3. Is there a list of which coins from the current batch(es) are in circulation? You've sold some on eBay but I was curious about how many have now sold...

I just bought as well.  The price is far less than an hour of Lawyer time. 

If you are really worried about it.  There are a number of (very small) countries that will authorize it as a currency of their country for a small fee.  Then you are authorized to be making a national currency.  I've contemplated this route.  Many others have taken it, but I prefer to remain producing non-governmental private pieces at this time.

I am delighted when more folks enter "the business".  Especially folks with good ethics, and attention to quality.  I am happy to help where I can

AND, since you asked nicely....this advice cost quite a lot of legal time, so feel welcome to tip if you like.  It will go into my legal defense fund.  If "they" are going to be going after anyone, it will likely be me first and winning with a well funded defense will set a good precedent.

:

The origin of the prohibition against coin “of original design” is explained in the Annual
Report of the Director of the Mint for 1871, reprinted in the Annual Report of the Secretary of
the Treasury for 1871, Report on Finances #9 (p205-214). It provides (in brief) for the
punishment of any who make or pass counterfeit coins in any metal or alloy, in the resemblance
of those of the United States or of foreign countries; or who make or pass coins of "original
design" for the purpose of money. ... [G]reat quantities of original design were issued more than
thirty years ago... small pieces designated as “half dollars” and “quarter dollars,” with some
claim to be considered gold coins, as they really contain as much of that metal as is to be found
in common jewelry. The pieces which began to be issued in San Francisco, in 1859, and perhaps
have been coined more recently, may not have been ... pushed into circulation, but may rather
have served as playpieces or curiosities. However, they were sold at their pretended value, while
in fact the half dollar, weighing six grains on an average, and about 423-thousandths fine, was
worth eleven cents; the quarter dollar nearly in the same proportion, some pieces being actually
worth six cents. No doubt they have been imposed upon ignorant persons as real money. Their
shapes were various, some octagonal, some circular.

Case law more than a century old sustains this view:

In U.S. v Bogart, 9 Ben. 314, 24 F.Cas. 1185, 24 Int.Rev.Rec. 46, No. 14,617 (N.D.N.Y.
1878), the Court explained, “One of the Rules applicable to the offence of counterfeiting is, that
the resemblance of the spurious to the genuine coin must be such as that it might deceive a
person using ordinary caution, and a conviction cannot be had for uttering pieces of metal which
are not in the likeness or similitude of genuine coins.” (California gold).1
(These pieces deceive no one).

Another case, U.S. v Hopkins, 26 Fed. 443 (D.C. 1885), supplemented this by saying
“counterfeit coin is one made in imitation of some genuine coin. It is not necessary that the
resemblance should be exact in all respects. The resemblance is sufficient if the coins are so far
alike that the counterfeit coin is calculated to deceive a person exercising ordinary caution and
observation in the usual transactions of business, though the counterfeit would not deceive a
person who was expert or has particular experience in such matters. This rule has been more fully
applied in cases of written or printed instruments which are used in ordinary business
transactions, as prudent men are presumed to exercise reasonable caution in accepting
instruments which are evidences of contracts and obligations.” Id., at 443-444. (Emphasis
added).
(They don’t look like an American coin; don’t have the feel of an American coin and
don’t act as a coin does either on first use, or subsequent use).

And in yet another case, U.S. v Hargrave, 26 F.Cas. 164 (D.C. N.D. Ohio 1872), the
indictment contained seven counts, four of which were framed under the act of March 3, 1825 (4
Stat. 121), and three under the act of June 8, 1864 (13 Stat. 120). The main question was whether
the spurious coin in question came under either act. “It was claimed by the prosecution that it
came under both, that is: First, that it was in the similitude of the genuine coin; second, that if
considered of ‘original design,’ it was within the later act above cited; and, third, that the
question was, not whether it would deceive a person of ordinary skill and caution, but whether it was capable of, and designed to be used for deceiving the incautious and unskillful”. These (a) deceived no one; (b) would not deceive the incautious or unskillful, and (c) would not deceive a person of ordinary skill and caution.

well with that response i'll just close this at the same point where we started:

you suck beyond belief

How much per coin price?

who test this coins in practic?
any feedbacks please

i interest this

yes he is an excellent cat. Smelling strongly of tuna is fine, however the other coin might also smell of tuna from last years unrelated tuna salad incident

don't forget to destroy the drum roller

if you send me one of these i will make a video to determine if my cat prefers these over cass coins

Not good enough. Many people (like me) got into bitcoin precisely because they want to eliminate counter party risk. A coin like this is something I might give to my children some day. Assuming TitanBTC will still be around in 25+ years from now would be foolish.


That sounds good. But how do I know a copy of the private key is not stored at TitanBTC where it was created? Or if it was securely generated using a true random number generator?

I'm not sure if this is possible but what I would like to see is some kind of kit. E.g. a coin where I can inject my own private key and seal it with a secure hologram. (Similar to a paper wallet kit). But I guess it wouldn't be a TitanBTC anymore at that point. It would be a coin wallet.