wheresmycoin (OP)
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May 17, 2015, 01:38:20 AM |
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Ill give you 27.5BTC + cover all the shipping costs for the 25btc coin
when i received this coin from fedex, there was a tax to pay the courier an additional $83. it was 27.5btc + $83 tax. 50 BTC premium for the rare translations from this coin.
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wheresmycoin (OP)
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May 17, 2015, 01:48:45 AM Last edit: May 17, 2015, 02:32:55 AM by wheresmycoin |
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I believe it was culexevilman who bought that coin from Charlie. But of cause, I do not know if wheresmycoin bought it later from culexevilman? Hey Took, long time no speak hows tricks my man . It still doesn't warrant that price tag does it? charlie has two 25 BTC coins. Each of us both bought one directly from charlie.
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Blazed
Casascius Addict
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May 17, 2015, 01:52:06 AM |
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Ill give you 27.5BTC + cover all the shipping costs for the 25btc coin
when i received this coin from fedex, there was a tax to pay the courier an additional $83. it was 27.5btc + $83 tax. 50 BTC premium for the rare translations from this coin. I will just assume you are trolling us with that statement...you can not be serious.
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David19
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May 17, 2015, 01:56:50 AM |
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Ill give you 27.5BTC + cover all the shipping costs for the 25btc coin
when i received this coin from fedex, there was a tax to pay the courier an additional $83. it was 27.5btc + $83 tax. 50 BTC premium for the rare translations from this coin. The translations are not worth 50 BTC, in fact they are not worth anything in my opinion
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wheresmycoin (OP)
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May 17, 2015, 02:08:40 AM Last edit: May 17, 2015, 02:23:59 AM by wheresmycoin |
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Ill give you 27.5BTC + cover all the shipping costs for the 25btc coin
when i received this coin from fedex, there was a tax to pay the courier an additional $83. it was 27.5btc + $83 tax. 50 BTC premium for the rare translations from this coin. I will just assume you are trolling us with that statement...you can not be serious. i've confirmed through the whole address list for all 25 BTC(ver 1 and ver 2) from uberbills. Only this coin has the rare translation. so you won't be paying for nothing on the premium.
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wheresmycoin (OP)
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May 17, 2015, 02:12:56 AM |
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Ill give you 27.5BTC + cover all the shipping costs for the 25btc coin
when i received this coin from fedex, there was a tax to pay the courier an additional $83. it was 27.5btc + $83 tax. 50 BTC premium for the rare translations from this coin. The translations are not worth 50 BTC, in fact they are not worth anything in my opinion dunno, i think someone might appreciate more about this particular coin.
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Quickseller
Copper Member
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May 17, 2015, 03:23:43 AM |
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Ill give you 27.5BTC + cover all the shipping costs for the 25btc coin
when i received this coin from fedex, there was a tax to pay the courier an additional $83. it was 27.5btc + $83 tax. 50 BTC premium for the rare translations from this coin. The translations are not worth 50 BTC, in fact they are not worth anything in my opinion dunno, i think someone might appreciate more about this particular coin. In theory, someone might be willing to pay a slightly higher premium for the translations, however I don't think it is going to be 50 BTC. Let me ask you this, if someone was selling a 1 BTC Casascius coin with similar translations would you be willing to pay 51 BTC for it? If not then why do you think your coin deserves such a premium? Remember that any premium for rarity is a flat value, not a percentage/multiple of the denomination of the coin
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bitmarket.io
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May 17, 2015, 05:26:31 AM |
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28btc + proof of chain of ownership
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Possum577
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May 17, 2015, 06:21:57 AM |
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Jesus 75btc for a 25btc coin that's unreal . Actually, given that BTC1 casascius coins go for 2-3 times the value of the bitcoin loaded on the coin, the BTC75 price tag isn't that far off for a BTC25 coin. I wish we had more information on what these coins have sold for in the past.
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digicoinuser
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May 17, 2015, 06:54:17 AM |
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Jesus 75btc for a 25btc coin that's unreal . Actually, given that BTC1 casascius coins go for 2-3 times the value of the bitcoin loaded on the coin, the BTC75 price tag isn't that far off for a BTC25 coin. I wish we had more information on what these coins have sold for in the past. Quickseller stated it above. Loaded 1 BTC casascius coins that sell for 3 BTC are receiving a premium of 2 BTC for the coin. The premium is the amount over the face value loaded and not a multiple of the face value. This coin has to be exceptionally rare, especially in the buyers eye to gain a price of 75 BTC with a premium of 50 BTC. I was just reading the casascius threads where the 1BTC coins were sold at 1.25BTC + 1BTC for shipping and 25BTC coins were sold at 28BTC + 1BTC for shipping. I'm not saying such a premium isn't warranted for this coin as I don't know the specifics of the backstory and previous ownership, but I'm guessing a 3 BTC premium back in the day was probably like $30-40? Right now a 2 BTC premium is around $475 which means there is quite a difference and we can just imagine what happens to a 50 BTC premium, eh? (approx. $12,000)How many of these coins were produced that make them this rare?
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hedgy73
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May 17, 2015, 09:48:43 AM |
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I believe it was culexevilman who bought that coin from Charlie. But of cause, I do not know if wheresmycoin bought it later from culexevilman? Hey Took, long time no speak hows tricks my man . It still doesn't warrant that price tag does it? I am doing good, and you? OT: Last recorded I remember was PsychoticBoy who sold his for 28, I remember he was trying for a long time to get 30 both here and on #bitcoinotc, but had to move on the price because he needed the money for personal stuff. I would be extremely surprised if this one will go for above 30 BTC. The coin are super nice, but very hard to move. Nevertheless I wish wheresmycoin goodluck with the sale I'm fine thanks for asking, glad you are too . I'll second that, good luck with your sale wheresmycoin .
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AT101ET
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May 17, 2015, 12:11:49 PM |
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I'm going to follow the view of most the people in the thread... The coin itself may be worth 2-3 BTC over face value. The fact that it's address/transactions can be translated into something are really a reason for anyone to pay more. I'm not going to pretend that it's not cool, but it's a bit far fetched, especially for a 50 BTC premium. Good luck with the sale though!
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Blazed
Casascius Addict
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May 17, 2015, 02:05:44 PM |
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I should make a price guide for these coins lol..
25's recently sold for 27.5 - I know of 4 @ that price - They do not come up for sale often
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wheresmycoin (OP)
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May 17, 2015, 02:54:10 PM Last edit: May 17, 2015, 03:11:02 PM by wheresmycoin |
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Currently, out of all cas coins, only the 25BTC has been way undervalued.
good chance to invest in this coin now before the premium price catches on later, which I think the chances are pretty high.
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David19
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May 17, 2015, 04:57:02 PM |
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Currently, out of all cas coins, only the 25BTC has been way undervalued.
good chance to invest in this coin now before the premium price catches on later, which I think the chances are pretty high.
I really doubt anyone is going to pay extra 50BTC premium for the coin man
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bitmarket.io
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May 17, 2015, 06:05:11 PM |
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did i win?
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monkeynuts
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MONKEYNUTS
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May 17, 2015, 07:12:52 PM Last edit: May 17, 2015, 08:10:05 PM by monkeynuts |
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Multiples of face value don't work comparing between different denoms
It's Mark ups over face values due to rarity, condition or desirability
It is exactly the face value of these particular coins that makes it harder to gain a significant mark up. Just not enough folks into physical crypto, with that kind of loose change
As for the translations. If you get 75 for that coin, I can only assume that somewhere in the address there is also 'MUG'. Translated into mandarin as sucker. I have had to check the calendar to make sure it's not April 1st. Thanks for the chuckles.
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wheresmycoin (OP)
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May 18, 2015, 01:13:13 AM |
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did i win?
Still sticking to the asking price in op.
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Possum577
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May 18, 2015, 04:58:05 AM |
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Jesus 75btc for a 25btc coin that's unreal . Actually, given that BTC1 casascius coins go for 2-3 times the value of the bitcoin loaded on the coin, the BTC75 price tag isn't that far off for a BTC25 coin. I wish we had more information on what these coins have sold for in the past. Quickseller stated it above. Loaded 1 BTC casascius coins that sell for 3 BTC are receiving a premium of 2 BTC for the coin. The premium is the amount over the face value loaded and not a multiple of the face value. This coin has to be exceptionally rare, especially in the buyers eye to gain a price of 75 BTC with a premium of 50 BTC. I was just reading the casascius threads where the 1BTC coins were sold at 1.25BTC + 1BTC for shipping and 25BTC coins were sold at 28BTC + 1BTC for shipping. I'm not saying such a premium isn't warranted for this coin as I don't know the specifics of the backstory and previous ownership, but I'm guessing a 3 BTC premium back in the day was probably like $30-40? Right now a 2 BTC premium is around $475 which means there is quite a difference and we can just imagine what happens to a 50 BTC premium, eh? (approx. $12,000)How many of these coins were produced that make them this rare? I disagree. A valuation multiple is how one arrives at the premium. You or Quicksilver or anyone can say - all casascius coins should be sold for the same nominal amount over face value - it could be BTC1, BTC2, BTC10, whatever. The relationship between that amount and face value is the valuation multiple. You're right that the premium isn't a valuation multiple (they're different things). But I disagree with how you guys are approaching this. I believe the premium paid over face shouldn't be the same. E.g., by your rationale every Casascius coin should be sold for BTC2 over face value, so a BTC1 coin should sell for BTC3 and a BTC0.10 coin should sell for BTC2.10. That doesn't make any sense! One thing I do agree on is getting the conversation and debate out there. Here's a link to the mintage -> http://www.spotcoins.com/bitcoin/casascius
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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May 18, 2015, 07:36:16 AM |
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a BTC0.10 coin should sell for BTC2.10.
I have one that I will sell for that price if anyone is interested.
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