To each their own, I personally like that they have much better security than I could justify personally + can ship fully insured globally.
I call bullshit on this!!! I'd love to know who 4k got to insure the shipping globally??  |
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Going to assume you're trolling lol some interesting easter eggs in the API docs, thanks for the laugh  I can vault my own coins... thank you. I shake my head at this every time I see it.
"Here's an NFT for your 650k Cas 10." - HARD PASS
I wonder what a nightmare this would be for family members to reclaim what's theirs if the owner dies.
Everything about this is awful.
To each their own, I personally like that they have much better security than I could justify personally + can ship fully insured globally. I have sold a few larger denomination Cas coins before 4K and flying to meet up with someone to transfer them was always pretty stressful. Re reclaiming, same way that the rest of someone's crypto is recovered in such an event. Vaulted coins are owned by a wallet just like anything else. Totally willing to withdraw from the vault to a trusted forum escrow and accept payment in BTC if preferred. |
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Put a few of my Casascius coins up for sale. They have been vaulted and tokenized by 4k.com. They can be purchased via OpenSea and then shipped to you anywhere in the world fully insured. Happy to answer any questions or entertain offers. https://app.4k.com/?categories=CasasciusRegardless of what you are selling, unless you are accepting BTC for payment, this sales post should be moved to the Alt-coin section Why would you not tokenize a bitcoin coin on the bitcoin blockchain? show me a service that does this and I would be happy to.  |
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Put a few of my Casascius coins up for sale. They have been vaulted and tokenized by 4k.com. They can be purchased via OpenSea and then shipped to you anywhere in the world fully insured. I can also unvault them and ship to a trusted forum escrow and accept payment in BTC, whatever a potential buyer would prefer. Happy to answer any questions or entertain offers. https://app.4k.com/?categories=Casascius |
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I'm quite surprised about the lack of discussion around this sale. This is great news for owners and the highest premium I've seen one of these coins fetch in years (in BTC terms at least)  I'll be keeping a close eye on 4K going forward Congrats on the sale Eodguy That’s because we haven’t seen proof the sale was 100% legitimate and those who have been around longer with a bit more knowledge know that price if legitimate was a fluke (like what happens on eBay once in a while), which happens ( I've never seen a premium this high however ), but should not remotely be expected going forward. The coin prices listed on 4k aren’t going to drive this hobby anywhere as they likely aren’t going to sell. 4k kind of reminds me of Elias (Encyclopedia author) and his team at “CryptoVice”. Not as knowledgeable as the community here (speaking of their sales service, not encyclopedia,), and actively trying to steer sales away for their own profit that’s not really going to help the hobby grow.. like Scare City has done. The website is not well established. Unless I’m missing something I don’t see 4ks fees, insurance protection proof, terms of service etc. All red flags. NFTs are a cute idea but in theory are just that. The only true safety would come in the form of a legally drawn up agreement that could hold up in a court of law. It’s great that we can see the team members, but that’s not really anything that’s going to make me sleep better using this service. You state in your video AnonymousMiner is an anonymous escrow. Many collectors here have met him or know his name, and he’s helped facilitate sales, but he’s not a technical forum escrow service. OGNasty. MinerJones, Krogo, HHampuz who are, have been trusted with millions of dollars worth of collectibles for years, which is a proven track record (much of which viewable via the blockchain ). OGNasty and MinerJones were BitcoinTalk treasurers for several years who were entrusted with millions of dollars in btc by Theymos (of course who Satoshi left the site to). I’d say that’s a pretty impressive track record that is easily proven. Site misinformation claiming Casascius/Mike Caldwell created the physical bitcoin concept is false. Gavin Andresen, Satoshis former lead dev did. BitBills were first to create one, in card form, and Mike followed suit shortly after. Also stating that bitcoin maxi’s see owning a Casascius coin as a must to be a who’s who is completely false. Most of the bitcoin maximalists HATE physical bitcoins (not your keys, not your coins). So those two false statements feel like misinformation used for artificial hype/sales tactics. I just came across your video today and realized I had forgotten this thread was made. Truth is I’m stating here what was briefly echoed to me by long time collectors in “passing”. I just never looked in to the site. Some of my concerns can hopefully be addressed, as sites like this are helpful in expanding the hobby, but this site in current form truthfully just really isn’t. These concerns are partially why business is going to Scarce and not 4k and will continue to until things are addressed /changed. -My 2 Satoshis Note: your future staking proposal brings up a whole other set of questions/concerns but I’ll save that for another day. 4K video - https://youtu.be/2Q3PjFTf7eoRealized I must have missed this and wanted to respond to it since it's definitely valid. In regard to it being a fluke, hard to say. I've had three coins sell there so far, WBTC is in my wallet, can't speak for the buyers experience or motivation. Re insurance: https://4k.com/insuranceFor terms of service not sure, there's an FAQ and some docs to sign that were sent over to me when I deposited my coins. Since it was such a large deal I signed a contract directly with 4K but not sure what the process is like if you do smaller valued item(s). Fees, I don't think they are currently charging fees as they are venture backed and looking to scale up the platform. Re coin prices I listed them for not "going to drive this hobby anywhere as they likely aren’t going to sell," I guess my only response is that coins selling on this forum for under peel value because there's less than a handful of interested buyers and they're all looking to scoop up coins at or below peel value is pretty disheartening from my hobbyist perspective. A few of mine have sold at the listed price, and that gives me hope that some kind of reasonable premium can come back to these collectibles. It's great that you personally know a lot of these individuals on the forum, and their credibility speaks for itself given their history and background but it's hard to pitch that outside of this community. I've personally arranged for Casascius sales with many of the members you stated and never once had concerns, but it took a massive amount of convincing for both counterparties to trust them. Hope you can see how the current forum process of buying and selling isn't ideal to someone who hasn't grown up on the forum. I hear you about not stating the concept for physical crypto came from Gavin, definitely my mistake. Also yes, there is certainly disagreement within the BTC community about wanting to own one (although most of the BTC whales I know own quite a few). Appreciate the detailed feedback, hopefully the options for this hobby continue to improve! |
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being in a country where they broadcast the very early seasons of pawn stars only now (fun fact: on a sports channel  ), it's interesting to see how rick&co and their shop have changed in the last years  just curious: - how many shots did it take to record these 3mins? - was the script dictated or was it a "free speech"? - does Rick really know the stuff by heart or was it like "tomorrow we record an episode with a cas-coin, so inform yourself in advance"? - what was your calculation to come up with your asking price? (besides error coin) So the filming took like 45 minutes. Had to answer the same questions like 5 different times, same with the intro and outro. Also they made me come up with a joke for the end hence the "Bit too much coin" haha The conversation was pretty free, although they cut out pretty much everything I said which is kinda lame. Re Rick, they have a research team that deep dives each item so pretty sure he just reads the notes before the show then references stuff during the conversation. He mentioned the "call a spade a spade" and some other historical stuff so it was pretty well researched, wish they included the narrative about it being easier to explain Bitcoin with a physical coin rather than going the security route but oh well. He didn't really have any context on the difference in sale prices for these coins depending on rarity and grade, wish they had called in an expert! haha That being said he is pretty familiar with crypto as a whole, fairly certain he's been keeping up with things independently of the show. Asking price for me was based on ~10x face value. Hard to really come up with a price. Not that many of the series 2 silver halves (45) and not that many yellow slabbed. Don't even want to talk about how much BTC I paid for it back in ~2015 so wasn't motivated to sell anywhere near spot. Pretty neat. But be honest did you want to punch Rick right in the face when he offered you crypto and silver face value lol. Did you talk with Rick about it off camera. I know these are all scripted but generally wondering if he had any idea about these to begin with. Probably not, physical crypto is still niche and in its infancy. Either way a good watch always good to see physicals getting their due time in the spotlight!
Nah, kinda expected a low ball offer, I mean it's a pawn shop. Didn't expect him to give zero premium for rarity though! We didn't talk at all off camera. Been watching the show for quite some time so was a cool experience, and always good to get a spotlight on these amazing coins regardless of the offer |
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transitions failing every time I put a WETH offer in. gg 4k Oh really? Super weird. Can you DM a screenshot of the error you get? I can contact the team directly to try and resolve. Sometimes you have to refresh the page/reconnect your wallet and that fixes things. |
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https://www.ebay.com/itm/143931769644?the one above is also being sold as "pure 999 silver" I asked the seller to add images of the edge what about the 2018 ones? were they numbered? were they split between solid silver/silver plated? I see lots of those often going between 250-300 ea as well. The first edition are all 999 silver. There were 300 made and they have edge marks numbered 1-300. They both say "Est. 2018" since that's what SFBW was established, but the first edition was minted in 2018, the second edition minted in 2019 to clarify. |
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Hey everyone, blast from the past! Never imagined these would be resold on Ebay. Was simply an idea we had to incentivize ticket sales for our conference and offer a momento to the speakers who attended the event.
We made 50 that were pure silver, they are numbered 1-50 on the edge of the coin. I can't see the edge from any of these pictures on Ebay but that's what you would want to look for. The other 160 were simply silver plated and do not have anything on the edge. Really hope you're able to resolve with the seller!
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Sent them a few emails asking over the last several months and they haven't been able to give any specifics. It will be on the next season of Pawn Stars so sometime in 2022! Appreciate anyone updating here if you see the premier date announced |
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I don't get it. So people are to trust this 3rd party with what could amount to a 6, 7 or even 8 figure amount of physical coins they own. I don't know if I'd be able to sleep at night not knowing if they were safe. Don't get me wrong I'm not implying anything I just don't know about 3rd parties holding my stuff and for me to get an nft in return. What if I lost access to my nft thingy who gets the coin? Edit: fysa if any of those coins sell on that marketplace let me know I'm down for those prices Edit 2: always a good thing to get more visibility on physical crypto coins for sure. Definitely a valid concern and I've thought about this a lot. I think the issue is that 1) Very few people currently use bitcointalk relative to the current size of the crypto community 2) Anyone who comes here is going to have a hard time trusting MJ or other forum based escrows since they don't have any context of the forum history or how valid the trust system is (I think they're fantastic don't get me wrong, it's just hard for someone new to process) 3) the current structure of having a 3rd party escrow hold funds then having to mail the item (and trust the receiver will confirm receipt) or fly and meet the person (which for certain values there are serious security concerns) requires coordination/trust between three parties and is quite a challenge. I've helped a few people source Cas coins in the past and it basically amounted to me hard vouching for both parties and was quite a challenge. If something goes wrong, the package gets lost, or the anon escrow stops responding what do you do? People don't want to deal with all of these concerns and it's obvious when seeing things like that recent MS65 5 BTC auction go for under peel value. Crypto solves the trust problem in the digital domain but the physical world still unfortunately requires trust assumptions. This team is all US based, identities are all known, the items are insured, and for larger amounts there are signed contracts with known people and legal entities. This allows legal recourse if something were to go wrong. The safest choice is to keep these in a safe but when it comes to selling them, I think this is a step in the right direction. All ears if there are ways to improve it or if you think the current forum system works better for 7-8 figure transactions I'd love to hear why. Also, some cool stuff in the works now that these can be NFT'd, this allows them to be fractionalized (can sell/own a fraction of a coin) as well as used as collateral for loans or DeFi (access liquidity without realizing capital gains). 4K will also be launching yield farming for items listed on their exchange so even just sitting they will earn an ROI. But yeah tl;dr do your own research and 4K will need to continually build up its trust with the community as they expand. I personally am trusting them but work within your own risk tolerance. |
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Hey everyone! So I've been working on getting something like this launched for quite some time and am excited to announce that 4K.com now supports Casascius coins! As BTC price has increased, buying and selling Cas coins has become increasingly difficult, and this friction has led to, what I believe, a significant gap between sale price and what these should actually be valued at. I've known the 4K founder Richard for quite some time, he got into crypto in 2011 and even though he only owns one Casascius coin, he has been a fantastic supporter of this endeavor and really understands the important historical value of these coins. I have put my money where my mouth is and provided a significant portion of my collection to seed the marketplace. One other member of the forum has also sent in several coins, and a few others have helped significantly with getting this launched. I'll let them chime in if they would like to reveal themselves but I am continually impressed by the amazing support from this community! If you would like to get involved in any way, have suggestions, questions, or want to learn more about the listing process feel free to DM me. Between Pawn Stars, this, and the marketing cycle we have planned hopefully we can bring Cas coins and other crypto collectibles the attention they deserve! Marketplace: https://4k.com/brand/casasciusYahoo Finance article: https://finance.yahoo.com/news/4k-platform-offer-over-18-160200705.htmlTweet thread: https://twitter.com/jonathantallen1/status/1451226408345227284?s=20 |
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Pretty awesome. This is going to probably be the first real mainstream showing of our beloved collectibles. I imagine there might be a couple coin collectors out there that see it and decide they must have it. Glad you didn’t sell. Hope you laughed at the offer. I was a fan of the show once upon a time and hope I find myself viewing this episode at some point.
Thank you! Hopefully I represented the community well. Really interested in how it gets cut together since some things I phrased well and some I could have done better but overall I think it will be a huge net positive. I've yet to meet someone who is into crypto who didn't immediately want a Cas coin as soon as they found out about them. I didn't even counter offer when he offered spot, just too far apart for it to work. |
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Wow - awesome! I’ve been waiting and hoping for a cas to turn up on the show. Well done mate Any idea when you and your coin will appear ? Let us know when the episode is due Were they generally interested in crypto ? You may well be brought in at a later date as a “buddy of mine “ to validate future crypto collectibles Thank you! No idea when/if it will air. Likely spring but there's always the chance they don't use the footage. I think it went well/is quite relevant so fairly confident it will make the cut, but I'll def update if I get confirmation either way. Rick seemed to know a bit about crypto, but not very much about Cas coins, would love to get called in on the next one to add more info he told me to get my yellow slab ANACS regraded because there are better grading companies and that he saw coins like mine going for just over spot etc. (please DM me if you see any s2 silver 0.5's selling for anywhere close to spot! haha) Very cool! Cant wait to see it. Sooooo... what are we asking for the coin?  Probably going to hold onto it for the time being! Realized after coming up with a price for the show and thinking about selling it that I would miss it a lot tbh.  This is fn awesome! I used to be a huge fan of this show. I'm curious about a few things, what did you guys talk about exactly, do you know how to properly say Casascius, did you guys talk about other physical bitcoins at all? Are you allowed to discuss what was discussed or did you have to sign something saying you wouldn't discuss it in detail until the show comes out? Great job !
Yeah, can't go into too much of the behind the scenes but I think it was a pretty good conversation about the history of the coins. Didn't go into other physicals specifically. Only thing I didn't love is he positioned it as a cold storage coin made for security, which it technically is but like Krogoth posted above, it was originally made as an educational device to help take an abstract concept and make it something tangible that could be more easily discussed. He actually brought up the "call a spade a spade" and the origin of the saying so that was pretty cool! And yes, I definitely know how to pronounce it correctly haha I'm curious about how you were invited onto the show, specifically were you told anything about how many of the items that are offered for sale are actually walk ins? Or, are they more like yourself where choice items are sourced then appear on the show as sellers genuinely wanting to do a deal?
Can't go into that unfortunately. Just finished shooting an episode of Pawn Stars for my Casascius coin (S2 0.5 silver "error") after being invited on the show. Rick offered me face value and I obviously declined. Hopefully helps get a bit more notoriety around these fantastic collectibles! Should air sometime spring 2022. Very cool! Got a pic of the coin you used? Did they get in contact with Mike to validate authenticity? I wish they were able to get in touch with Mike! Was secretly hoping he got brought in as an expert, would have fan-boyed hard haha Pic of the coin: https://ibb.co/bmmmbnS
Wonder if somehow the first bits get some air time, otherwise I don't know how that would be authenticated, other than eodguy selling it direct on here. Is there a date and time that was given that this will air.
Yeah not sure, no promises of it ever getting aired or if it does what will make the cut so we'll have to wait and see! They did take quite a few close ups so will likely show the first bits if it airs |
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