These physical LTC look awesome!

[moltenmich]

Damn, every time I see a reply in this thread I hope it's an update on how to get these things! This is a 'shut up and take my money!' if I've ever seen one. 

[Exoskeleton]

I think these coins need to be 100ltc each minimum to properly offset the cost of the metal. Having a physical coin with a material cost of $10 and a ltc value of $25 makes for a bad ratio. Judging by the markup on cassius coins I bet they will want around a $10-$20 markup to cover costs and shipping, so that puts the total cost at $50. For something that has a value of only $25 in alt currency.

If this coin was worth 100ltc then it would be worth $250+ in ltc and probably cost about $300. I don't buy ltc and I doubt I will ever buy anything other than btc. But if I feel like getting a little alt currency in the future I think a 100ltc coin would be tempting if I could buy each one for 3btc. These do look nice and I have a feeling that a 100ltc+ coin would collect well. I doubt a 10ltc coin that cost $50 would go up in value very much.

The one thing I think will be the biggest problem by far is trust. It would be too easy to sell thousands of coins and one day...poof. All the unredeemed coins are empty. I still don't even trust physical bitcoins enough to buy one. I doubt I ever will.

[temor]

I for one am excited for these coins! Can't wait to get my hands on a few

[coblee]

It's announced: https://bitcointalk.org/index.php?topic=243341.0

[casascius4thewin]

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.

Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.

Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.

Keep on preaching it, no one believes you aquaman, we have seen this all before and the early adopters made out like bandits.

lol, preaching what? I said they looked cool, I would like to have one, im just stating facts based on experience.    Amateur...

Name:   AquaMan
Posts:   73
Position:   Jr. Member
Date Registered:   June 10, 2013, 01:57:40 AM

You are so experienced and trusted on this forum, I will defer to your great wisdom.

lol, keep making yourself look like an idiot. What does that mean, the date someone joined an obscure forum is the deciding factor on their intelligence and experience. Did you make a quarter million on BTC? Do you trade $10k worth of gold and silver on a weekly basis?  Well, I will check out some other post's rather than waste my time here... lol

Did you make a quarter million on Gold / Silver? 
Your salty comments are taxidermized here.

Good luck with your $1,800 / oz Gold investment..
While a single BTC is surpassing $9,400 now lol

[niisarearning]

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.

Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

It completely make sense yes anybody can write or design anything on silver it doesn't increase the value . If somebody real fan of Litecoin then buy one and keep it for them-self as we buy fan t short , Mugs similar kind of apart from no use for litecoin value or blockchain . Its clearly some marketing gimick or the guy who has done this having good marketing strategy.

[giammangiato]

Oh yes, this physical crypto coin is one of the best that I have ever seen. Better than BTC coin, the effect is amazing. I don't know if it is real or only a photoshopped pic. If you find where to buy it please poste the link that I wanna it in my collection

[mithun303]

Yes these physical LTC look awesome. But yes when i go to sell this LTC no one will pay for the plane that i almost had. So i will have someone else's money on hand. It also shows the awesome impact of air power at the tactical level of the war.