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941  Other / Archival / Re: [WTS] CASASCIUS SILVER 1BTC COINS ►► MS68 ◄◄ on: July 24, 2015, 08:27:24 PM
Hi,

Thank you gentlemand & monkeynuts for your answers Wink

Just wondering: is the gilt/sliver 1 Btc really gold-plated?

Cheers Cool

The B and the coins rim are gold plated over the original silver coin
942  Other / Archival / Re: ► ► MS68 Casascius Silver 1.0 BTC - Ends 7/26 2200UTC ◄ ◄ on: July 24, 2015, 04:29:57 PM
If you try and post to a thread, and someone else is posting at the same time, and they beat you to send ... Then the forum tells you the page has changed, forces you back to the page, and you have to try and post a bid again, hoping no-one else beats you again, or the auction end time passes

At the end of an auction it's common. Especially if there is no sniping. Seem to recall some limitation of you only being able to post to the same thread once every 30 seconds ... But that might be litecointalk, or if you are a newbie .... Can't remember now

It's a forum rather than an auction site, so there are limits that you have to work around. Its a risk waiting to the last minute. Likely to see a bid made to scare off others, followed by a micro increase at the end just to nick it..... With lots of people frustrated at being locked out due to the thread having changed, and someone making a bid after the end time in the hope of still being allowed to make a bid .... Maybe !
943  Other / Archival / Re: ► ► MS68 Casascius Silver 1.0 BTC - Ends 7/26 2200UTC ◄ ◄ on: July 24, 2015, 03:30:35 PM
Ooh good. Entertainment. Game on.
944  Economy / Collectibles / Re: [WTS] VERY RARE: ANACS graded MS67 Casascius Coin 2011 Series 1 w Error on: July 23, 2015, 04:29:01 PM
This imgur album has images of the coin I took this morning.

http://imgur.com/a/DC49X

Very nice indeed
945  Other / Archival / Re: [WTS] CASASCIUS SILVER 1BTC COINS ►► MS69 ◄◄ on: July 23, 2015, 02:42:14 PM
Yep, there is generally a small premium of the silver / golds. Not because of the gold element, just because they are slightly rarer. Some folks also like the look of them better ... although opinion is split there.
946  Economy / Collectibles / Re: [WTB] Casascius Coins on: July 23, 2015, 01:38:44 PM
Looking for the following Casascius items. I am willing to buy them via BTC, Cash, or Trade (Other Cas Items)

I do not care about condition or grades - just has to have intact holograms

5BTC Casascius Coins (S1 or S2)
10BTC Casascius Coins (all silver or with gold BTC)
25BTC Casascius Coins (S1 or S2)
Casascius Bearer Bars - only private key not 2FA


Seller cflow01 on ebay is selling many Casascius items at the moment.
I know he has 2 of the bearer bars ( 1 is 2fa the other is not)
I think he goes by bitguy101 on here, but have been told that he is not here too often.
I have bought a couple in the past from him. No complaints. Smiley
Hope this helps

Yep its bitguy101. Last I knew he was locked out of the forum and pleading with the mods to sort it out.

If anyone needs to get hold of him, I can relay a message outside of the forum.

Blazed, not forgotten you need a couple of pics from me. Will try and do later. Just been busy with other bits.

947  Economy / Auctions / Re: [Auction] Casascius 2013 Silver 0.1 MS-68 [1 of 3 known to exist] 2 Day Auction on: July 23, 2015, 10:24:04 AM
I think you had misunderstood what I was saying via PM. I was saying that I have seen multiple people honor the original terms of the auction even though unforeseen events made it impossible for additional bidders to bid, resulting in unfavorable prices for sellers, and more favorable prices for the buyer (who placed their bid early)

If that is indeed the precedent in these sorts of situations, I will honour AnalogKid's bid. I apologise for the confusion


So you were swayed from extending the auction by the only other person selling a M68 0.10 casascius coin at the moment..

I hadnt made that connection ! Made me chuckle.  Cheesy

Auctions being affected by forum outages, or incomplete auction rules are always very tricky to handle. It is impossible to please everyone.

Auction bidding tactics ... get in early and see if you snag a bargain if noone else bids (or the forum goes down !). Get a fairly high bid in early and scare off the competition, but risk paying mnore than you should
Or
Wait till the end and snipe, hoping timezones mean you get a cheaper coin as your competition is asleep, or just plain forgets about the auction


I kind of miss the crazy days before the no snipe rules were common place, and people would auction multiple coins on the same auction without a sniping policy .... all added to the forum 'lockout' when a post had changed while you were writing your own post. Those were the days. Roll Eyes
948  Economy / Collectibles / Re: [WTB/WTS] Casascius Holo Error / Collectible Marketplace on: July 22, 2015, 10:50:48 PM
Figured you guys might like this.. Won it in an auction from Mike (It is pictured all over the place with the Silver's and the article talking about him being shutdown)
Signed by Mike and made by his wife..thought it was pretty cool myself  Cool






wow thats cool you got your hands on this, history right there

Unless there are 2 .... I believe it may have found a new home (not me by the way)
949  Economy / Collectibles / Re: Physical Crypto General Discussion on: July 21, 2015, 10:38:52 PM
All coins are removed from their holders (slabs, 2x2's, airtites, whatever) before they get to the graders.  This prevents any bias from a lower grade, or from a competing company.

Slab cracking and resubmitting is very common.  And you'd be surprised how effective it can be. 

Agreed it has worked well for me in the past. I still am a firm believer in cracking the slabs before I submit though.

So just to confirm ...

Thats cracking crypto coin slabs (with uniquely identifiable addresses), and resubmitting them ? (so ANACS dont keep a record of the addresses they have graded ?)

If so, very much worth knowing. I have a few that I feel have been harshly judged
950  Economy / Collectibles / Re: [SALE] Philosopher's Coin 20 for sale Limited Edition on: July 21, 2015, 12:41:15 PM
Can you put the prizes into some form of escrow, rather than into the coded wallet openly accessible

Then you can have a level of control to prevent someone who hasnt bought a coin from gaining access to the prize ?

Or a 'gated access to funds', ie some kind of shared key, so that buyer with a cracked code plus the trusted escrow need to both provide a part. Escrow only providing their part to someone who has cracked the code if they are one of the buyers. (or 3 parts with Gravitate / CI having 1, and only 2 of the 3 parts being needed .... )

Obviously ... if someone who isnt a buyer openly shares the cracked code, that presents a problem. Its a stampede between the buyers to get in first ... Probably better in that instance doing a 'push' and return the stakes back to the buyers ?
951  Economy / Collectibles / Re: [WTB] Casascius Coins on: July 21, 2015, 08:24:05 AM

Possum. As you can see from a large number of responses here, from many people, across numerous continents ..... it seems you are in a fairly lonely place using multipliers in this specific area. In my opinion, the fact that you have needed to go so far back as that thread from Chainsaw kind of emphasises their lack of usefullness, rather than actually validates their applicability here. But that is just my humble opinion ... but it is also the opinion shared by many others also well seasoned in this specific market.

The significant variation in the bitcoin price would significantly affect the multiplier (done against a bitcoin price, or FIAT price) and so makes time another variable that distorts the applicability of multipliers. Crypto coins are made up of different components, and over time the same multiplier isnt helpful when multiplying different assets whose values are changing at different rates realative to each other over time - ie coin metal price, crypto currency value, then 'mark up' from rarity, grade, popularity etc. Each component effectively requires its own multiplier, rather than 1 for all, and as such a single multiplier loses relevance. Only if all cryptocoins were all compared on the same day could I see a single multiplier having any relevance, and that relevance would only be for that day. Huh

You've tried to preach multipliers to the masses, and it would seem most arent looking to be converted. I can also see that this is your opinion, and you are happy with that opinion, and I admire your conviction to it in the face of strong argument. Others are happy with their differing opinion. If you enjoy using multipliers, then use multipliers. If thats how you personally compare value, then fill your boots, multiply away  Wink

But ... second or third time the same discussion has happened, on a thread meant for something else.  I keep getting thread updates for a post I am watching, that isnt about the post I am interested in. If you want to specifically talk more about it start a separate thread especially for it, its obviously something that will get debated, and wont get 100% consensus, but will have some lively banter. Post the link on here, then we can all let Blazed source his coins in peace ?
952  Economy / Auctions / Re: ►►► 2 x 2013 Lealana Silver Error coin *damaged hologram* - 2 DAY AUCTION on: July 19, 2015, 05:14:13 PM
I'm always after Lealana funded Litecoins but in this case I'm concerned because of the holograms. Do you know what caused the holograms to become daged over time? Seeing as they were in their capsules they weren't really exposed to the elements so what would the reason for the damage be?
It's a bit surprising too considering that the coins are only a couple of years old.

I am not the original owner but as far as I know have the coins been stored in the original capsules in room temperature.
I have inspected the coins with a magnifier there are no sign of mishandle.

I speculate that the damage is caused by tensile stress on the metal in the hologram since the private key creates a "bump" in the middle of the hologram.
If you inspect the pictures then will you see that the damage is located near the edge of the where the private key is located.
I am not a material scientist so I could be wrong.

Yep that's my thoughts as well. I have a few sets of 10s that have the same issue. It's just the first error batch that have the issue no others. These didn't have the recess, so extra stress has been placed on the hologram with just those coins.
 


953  Economy / Collectibles / Re: [WTB] Casascius Coins on: July 19, 2015, 03:33:57 PM
I can get a 10btc gold B locally

except it will cost a premium (without me making anything)

I will however still help get it if you need, think he wants 21BTC

Cheers

2.1x face is in line with valuations for (if not better than) BTC1 coins...and the BTC10 coin is significantly more rare. Is the coin all silver or silver with gold?

2 x 1 is very different than 2 x 10 though... I do not use a formula like that to value coins either.


When the 25BTC cas coins sell they sell at like 27(?). So there really is not a formula. More of what people want for their coins.
I know nubbins has some S2 5BTC I think for 25BTC...

Yea the whole X times face thing is a calculation used generally for junk silver to simplify the math (spot*0.715*face+premium). Dunno why people apply it to Cas coins. Should think of it simply as face plus premium, determined solely by rarity and demand.

Dazed, don't be a fool.

Valuation multipliers aren't reserved for some things people purchase and not for others. It's a mathematical way to compare the bid or offer price of two different things that cannot otherwise be easily compared. Here's an appropriate example for you: One cannot compare the sales price between a physical 1BTC coin and 10BTC coin because the stored value in one is ten times the other AND there's no generally accepted treatment of the premium that should be applied to each. The only way to equally, fairly compare the prices is by using a valuation multiplier.

The Casascius tenths have gone for 20x face, the 1BTC has gone for 2-4x face depending on the type of coin (i.e., brass or silver), and denominations above have rarely if ever been sold publicly so there's no real information the potential price range.

If you think that valuations are reserved for select items or aren't relevant, you're wrong. Now, you can choose not to agree with a valuation multiplier or think about the formula for price differently - that's completely fine, should be encouraged! But until someone buys these coins and the price is public we have no real way to assess what the price should be, hence my multiplier valuation comment.

If you are the only person using multipliers as a way of comparing coin values, does that make you right , and everyone else wrong ?
954  Economy / Auctions / Re: ►฿ ❎~ LEALANA-CASASCIUS (2011) BRASS HYBRID AUCTION on: July 17, 2015, 12:55:20 PM
http://www.ebay.co.uk/itm/Lealana-1-troy-ounce-silver-coin-1-Bitcoin-spent-/291516761875?

Saw this redeemed blank Lealana Silver / Gold for sale .... Any one fancy making the hybrid coin but in the other direction ?  Grin
(OgNasty ? Gravitate ? Cryptolator ? CryptoImperator ? FinitByDesign ? )



955  Economy / Auctions / Re: [WTS] CasasciusCoin(s).com Domain Names- Pair on: July 17, 2015, 10:55:59 AM
Great domains. Too rich for me though. Good luck. Interested to see these sold and put to good use.
956  Economy / Collectibles / Re: 40 Silver coins for sale. Microsoul. No specified weight on: July 17, 2015, 09:49:21 AM
I was only going to give 5 away to resellers as a gift as I was unsure about the silver content. These 5 I gave away will have a different Hologram on (the same as the 2013 0.01's). So the 5 I gave away will still be unique. These have the 2014 series 2 holo on with the bank, trees and sun.

You had me worried there !!  Shocked

I thought my 1 of 5 was suddenly gonna be less rare .... Pop me down for just a couple of these ones as well please
957  Economy / Collectibles / Re: [high grade].1 BTC casascius silver MS-68 on: July 15, 2015, 01:44:27 PM
Yes I traded with Miffman for his 68 tenth. Cant really put an exact price on it, as what I traded with him doesnt have a known price either. But it was a fair deal. Miffman made the most of it being the only 68 at the time. QS your detective work puts you in the right ballpark.

Yes it also seems that there are some higher grades coming through. Really difficult to quantify without the ANACS population database being available.

There are definately variances in the grading, it isnt an exact science. The same coin will get a different grade on a different day, I have no doubt. I have recently opened and split 3 rolls of cas silvers. Sent half of each between 2 different batches for grading, just 2 weeks apart. All coins handled the same prior to sending, law of averages would expect similar average grades between the 2 batches (wish they were my coins !!). 1 batch graded very highly. 1 batch not as well.

Also, part of it is that many more different people are grading higher and higher volumes of coins. Only a few folks previously sent to ANACS. More recently a lot of people are doing it, and seeing peoples success, even more are doing it (yes Nubbins, may not be accidental). With higher volumes, you would expect seeing more at the higher end ... but proportionately it would be the same .... if everything else was consistent

Personally, I do think there was a window at the start of June, where Mrs ANACS was giving Mr ANACS more for breakfast than just cornflakes, as a few grading batches have been looked at favorably - Blazed, Me, Bitmarket, and now QS. Be interesting to see if Mr ANACS goes back to just cornflakes or not. I have a batch to send in over the weekend, it has some more coins straight from a fresh roll. In my mind if they go back to 'previous levels', then it was a blip, and there were a few fortunate people, and we may never see the same grades again. If the same levels are seen again ... then perhaps the coins are getting graded more favorably across the board.
(and people will start cracking open old slabs, that they thought were treated unfairly, and getting them graded again .... Nubbins, maybe thats part of the ANACS masterplan as well ?)

Good luck with this. Watching !
958  Economy / Collectibles / Re: MS-69 Casascius 1BTC Silver Round /w Gold B on: July 14, 2015, 03:17:36 PM
Hey bitmarket.io look at your PMs !! Wink
959  Economy / Collectibles / Re: MS-69 Casascius 1BTC Silver Round /w Gold B on: July 13, 2015, 08:32:15 PM
I would think that the placement of the hologram on the coin and the condition its in would also come into play on the overall grade of the coin.

Nope. One of the reasons why ANACS is a piece of shit grading service and why I won't send them any of my coins.

You might as well get ANACS to grade a pizza if you're getting them to grade coins w/ hologram stickers.

That sucks! Are any of the other coin grading firms taking an interest in "token grading" of the crypto currency physical coins? I've never seen a non-ANACS graded crypto coin. I'm sure these companies would appreciate the revenue but I guess the volume isn't that great (just us mooks sending coins in!)

CGS they grade crypto coins as well, I have seen them grade Casascius.
There are some interesting details with cross grading between ANACS and CGS, but there are people here who know much more about that then me.

You mean me ?!

I hope to get a thread together this week showing how a sample of 4 CGS graded Casascius 0.1 silver coins then cross graded to ANACS. Pics before in CGS slabs, and after in ANACS slabs. Very interesting indeed ...
960  Economy / Auctions / Re: ►฿ ❎~ LEALANA-CASASCIUS (2011) BRASS HYBRID AUCTION on: July 13, 2015, 01:16:38 PM
It says its buyer funded. I would say no funds yet, and the Casascius 1 BTC long gone.

I read this as its a blank cas coin, with a new Lealana key and holo. You win the auction, you pay the auction price, you fund the 1BTC face value to the new coin address, coin gets on its way to you

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