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Author Topic: [WTS] Lealana 10 LTC Error Coins (Graded MS65 + Ungraded) **Even Lower Prices**  (Read 2320 times)
Scott J (OP)
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June 01, 2015, 04:58:36 PM
Last edit: June 16, 2015, 10:18:53 AM by Scott J
 #1

I have some of these for sale. They are lovely coins. Need to raise some BTC, so reluctantly selling.

On offer:

2 x Lealana 10 LTC Error Coins (Graded MS 65) - 0.40 BTC each or 0.75 BTC for the pair

2 x Lealana 10 LTC Error Coins (Ungraded) - 0.35 BTC each or 0.65 BTC for the pair

Willing to ship worldwide at cost. Free shipping to the UK.

All coins come with COAs. Display cases as well if bought in pairs.






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dmatthewstewart
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June 01, 2015, 06:04:14 PM
 #2

How much are you asking for them? The graded and the ungraded

Basically you'll get the market price of LTC and silver at the time of sale. They are .5 ounce of silver per coin and since they are not a currency minted by a country they usually do not carry the same premium that those coins carry. Its similar to private assayer silver bars, they are usually a little over spot. (the ungraded). The graded ones may fetch just a little more. So, right now, silver is $16.70 per oz. So the lowest it could be is $8.35. Thats just for the silver. LTC is what? $1.76? So tack $17.60 onto the the $8.35 and you have a ballpark figure of $25.95, thats the lowest possible market value (in other words dont let anyone offer you lower than that). Usually with a product in this category you can squeeze 10-15% on top of that since its a unique physical product. So, $30 USD.


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June 01, 2015, 06:09:30 PM
 #3

How much are you asking for them? The graded and the ungraded

Basically you'll get the market price of LTC and silver at the time of sale. They are .5 ounce of silver per coin and since they are not a currency minted by a country they usually do not carry the same premium that those coins carry. Its similar to private assayer silver bars, they are usually a little over spot. (the ungraded). The graded ones may fetch just a little more. So, right now, silver is $16.70 per oz. So the lowest it could be is $8.35. Thats just for the silver. LTC is what? $1.76? So tack $17.60 onto the the $8.35 and you have a ballpark figure of $25.95, thats the lowest possible market value (in other words dont let anyone offer you lower than that). Usually with a product in this category you can squeeze 10-15% on top of that since its a unique physical product. So, $30 USD.




LOL
I don't think you know how the physical crypto coin market works...

I would not sell it for less than 0.70 BTC
Scott J (OP)
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June 01, 2015, 06:42:17 PM
 #4

How much are you asking for them? The graded and the ungraded

Basically you'll get the market price of LTC and silver at the time of sale. They are .5 ounce of silver per coin and since they are not a currency minted by a country they usually do not carry the same premium that those coins carry. Its similar to private assayer silver bars, they are usually a little over spot. (the ungraded). The graded ones may fetch just a little more. So, right now, silver is $16.70 per oz. So the lowest it could be is $8.35. Thats just for the silver. LTC is what? $1.76? So tack $17.60 onto the the $8.35 and you have a ballpark figure of $25.95, thats the lowest possible market value (in other words dont let anyone offer you lower than that). Usually with a product in this category you can squeeze 10-15% on top of that since its a unique physical product. So, $30 USD.

I'm not sure how much to ask for, so I'm looking for offers instead at the moment.

Thanks for the analysis and it looks pretty sound apart from the 10-15% premium you give for it being a unique product - this is way off.

These coins are from the first ever Lealana batch that Smoothie created, they contain an error on the hologram. You could compare them to the 2011 1BTC casascius coins. (though in the same way you would compare litecoin to bitcoin Grin).
 
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June 01, 2015, 07:05:27 PM
 #5

Why if it isn't the man who sold me my first Litecoin...  Grin
I'm interested in the ungraded one.
Are you only looking to sell or for trades as well?
Scott J (OP)
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June 01, 2015, 07:11:24 PM
 #6

Why if it isn't the man who sold me my first Litecoin...  Grin
I'm interested in the ungraded one.
Are you only looking to sell or for trades as well?

Hey! I remember you. Hope things are going well (sorry about the current price Wink)

There is a chance I could be interested in trades, but I do want to raise some BTC.

Just for clarity, I have:
 
2 x 10 LTC Graded MS-65
2 x 10 LTC Ungraded

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June 02, 2015, 06:24:01 AM
 #7

How much are you asking for them? The graded and the ungraded

Basically you'll get the market price of LTC and silver at the time of sale. They are .5 ounce of silver per coin and since they are not a currency minted by a country they usually do not carry the same premium that those coins carry. Its similar to private assayer silver bars, they are usually a little over spot. (the ungraded). The graded ones may fetch just a little more. So, right now, silver is $16.70 per oz. So the lowest it could be is $8.35. Thats just for the silver. LTC is what? $1.76? So tack $17.60 onto the the $8.35 and you have a ballpark figure of $25.95, thats the lowest possible market value (in other words dont let anyone offer you lower than that). Usually with a product in this category you can squeeze 10-15% on top of that since its a unique physical product. So, $30 USD.




LOL
I don't think you know how the physical crypto coin market works...

I would not sell it for less than 0.70 BTC

I want whatever crack that guy is smoking.

Or that price, whichever is easier.

Scott J (OP)
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June 02, 2015, 10:42:18 AM
 #8

I'm willing to sell these as singles or as a set  Cool


Scott J (OP)
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June 03, 2015, 02:21:36 PM
 #9

**bump**
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June 03, 2015, 07:30:21 PM
 #10

What is the asking price for these coins? I can pay 0.3 right away.
Scott J (OP)
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June 03, 2015, 08:32:07 PM
 #11

What is the asking price for these coins? I can pay 0.3 right away.
Thanks for your offer.

Was hoping for closer to 0.7 for the ungraded. Can do a deal on two.
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June 03, 2015, 08:43:32 PM
 #12

What is the asking price for these coins? I can pay 0.3 right away.
Thanks for your offer.

Was hoping for closer to 0.7 for the ungraded. Can do a deal on two.

I will buy this weekend when I get some more bitcoins. As of know, I just have 0.3 in hand.
Scott J (OP)
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June 09, 2015, 08:00:54 AM
 #13

I am now only asking for 0.6 BTC for the graded and 0.5  BTC for the ungraded.

OP updated.
Scott J (OP)
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June 11, 2015, 06:02:49 PM
 #14

*bump*

Will let these go cheaper if you buy 2+
Scott J (OP)
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June 13, 2015, 09:30:35 AM
 #15

Made the original post a lot clearer, added a new photo and reduced prices.
Scott J (OP)
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June 15, 2015, 12:25:15 PM
 #16

Lowered the prices yet again - want to get these sold Smiley
Scott J (OP)
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June 16, 2015, 10:19:30 AM
 #17

Reduced prices yet again!! Someone take these off my hands.
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June 16, 2015, 10:45:41 AM
 #18

Has my casascius silver coin been sent out yet? Paid full without escrow.

Have not heard from you since as you said will send out by yesterday.
Scott J (OP)
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June 16, 2015, 10:52:47 AM
 #19

Has my casascius silver coin been sent out yet? Paid full without escrow.

Have not heard from you since as you said will send out by yesterday.
Yep, will PM you now with tracking Smiley
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June 16, 2015, 11:22:14 AM
 #20

Has my casascius silver coin been sent out yet? Paid full without escrow.

Have not heard from you since as you said will send out by yesterday.
Yep, will PM you now with tracking Smiley

got the tracking, thanks alot. Smiley

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