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I'm asking a premium around 10BTC. I will consider all offers received before Thursday. Collectors should appreciate the original purchase price for the 5BTC was 6.43 BTC. In this sense, it is worth 1.43BTC for the coin alone. I believe an unloaded coin has collectable value >2x, but the numismatic value is just being realized by collectors—we will see.
Here is a timestamped twitter post I made for historical confidence: https://twitter.com/hovden/status/405861216276324354?s=20
There are few coins this well documented.
Why open: If what I feel is a fair value is not realized, I want to develop educational content. For the mainstream, it will be an opportunity to talk about intrinsic and extrinsic value placed on objects and currency, and a brief discussion of new monetary technology offered by cryptocurrency. For the crypto community, it will be the only high-denomination and high-quality video content of a Casascius coin being redeemed (to date). I'm open to hear your ideas.
If sold I will roll resources into some other offbeat educational effort, possibly hire summer students to produce interesting videos. The COVID situation has shifted part of my focus toward experience in digital educational content.
Regards.
Here is a timestamped twitter post I made for historical confidence: https://twitter.com/hovden/status/405861216276324354?s=20
There are few coins this well documented.
Why open: If what I feel is a fair value is not realized, I want to develop educational content. For the mainstream, it will be an opportunity to talk about intrinsic and extrinsic value placed on objects and currency, and a brief discussion of new monetary technology offered by cryptocurrency. For the crypto community, it will be the only high-denomination and high-quality video content of a Casascius coin being redeemed (to date). I'm open to hear your ideas.
If sold I will roll resources into some other offbeat educational effort, possibly hire summer students to produce interesting videos. The COVID situation has shifted part of my focus toward experience in digital educational content.
Regards.
Good luck with your sale, however, you may want to do a bit of research first. That coin would sell for around 6BTC today. Sorry for the bad news. On the plus side, there will be a video of of bitnickel getting peeled out there.
