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Author Topic: Finite by Design 5-Coin Set Review  (Read 552 times)
odolvlobo (OP)
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August 04, 2015, 03:26:26 PM
Last edit: August 04, 2015, 04:10:57 PM by odolvlobo
 #1

I bought the Finite by Design 5-coin set (BTC, LTC, NMC, PPC, and XPM) and I have to say it was an expensive mistake. If I had researched the coins more thoroughly, I would never have bought them.

None of the coins have the addresses printed on them. The addresses are on separate cards, so if something happens to the card, you can no longer verify the value of the coin. Although that's somewhat of a problem to me, it is acceptable to some people -- but it gets much worse.

Bitcoin
On one side of the card, it says "Batch 1: #27 of 50" and on the other side, it says "Batch 1: #2 of 50". That's F*D up, but the real problem is that there are two bitcoin addresses printed on the card! On one side it says the coin's address is "15MddU... and on the other side it says the coin's address is "19wmq...". The coin has 027 etched on the hologram and the card also has 027 stamped on it, so I maybe I can assume that the address on the side saying #27 of 50 is the correct address, but WTF! I'm not going to fund this coin because I'll never know for sure if I funded the correct address.

My recommendation: Don't buy the physical bitcoin.

Litecoin
The number on the coin is 073, and the number stamped on the card is 073, but the card says "Batch 1: #23 of 50", along with an address. I suppose I can assume that everything is ok because 50+23 is 73 and perhaps the "Batch 1" is a typo, but WTF! I'm not going to fund this coin because I'll never know for sure if I funded the correct address.

My recommendation: Don't buy the physical litecoin.

Namecoin
Similar to the physical litecoin, The number on the coin is 124, and the number stamped on the card is 124, but the card says "Batch 1: #22 of 50", along with an address. I suppose I can assume that the address goes with #124 and not #22, but WTF! I'm not going to fund this coin because I'll never know for sure if I funded the correct address.

My recommendation: Don't buy the physical namecoin.

Peercoin
The coin has no id on it at all. The card that came with it says "Batch 1: 34 of 50", along with an address, but I have no way of knowing if the card actually goes with the coin. WTF! I'm not going to fund this coin because I'll never know for sure if I funded the correct address.

My recommendation: Don't buy the physical peercoin.

Primecoin
Like the physical peercoin, This coin has no id on it at all. The card that came with it says "Batch 2: 19 of 50", along with an address, but I have no way of knowing if the card actually goes with the coin. WTF! I'm not going to fund this coin because I'll never know for sure if I funded the correct address.

My recommendation: Don't buy the physical primecoin.



In summary, the coins look very nice, but they cannot be funded safely. They are not functional as physical cryptocoins so they are not worth $70 each in my opinion.

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August 04, 2015, 03:36:55 PM
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August 04, 2015, 06:05:53 PM
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Chris can correct me if I'm wrong but I think he reused a lot of holos so the numbers on the holos may not correlate with the edition number. 

I personally like the coins and think they are a good value since they are solid silver and very limited.  They used to cost $200 ea initially

Co-author to the Encyclopedia of Physical Bitcoins.  More details can be found at https://bitcointalk.org/index.php?topic=2767515.0
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August 05, 2015, 09:37:03 AM
Last edit: August 05, 2015, 01:56:32 PM by FiniteByDesign
 #4

Quote
I bought the Finite by Design 5-coin set (BTC, LTC, NMC, PPC, and XPM) and I have to say it was an expensive mistake.

Sorry to hear you are displeased. Why wouldn’t you reach out to me directly though for a resolution?

Quote
If I had researched the coins more thoroughly, I would never have bought them.

I have tried to go the extra mile with my coin lines to include video review, high resolution images, coin descriptions and also ‘Distribution Tracker’ pages on my website so one can validate their received coin/address/hologram combination.

Quote
None of the coins have the addresses printed on them. The addresses are on separate cards, so if something happens to the card, you can no longer verify the value of the coin.

This is correct. The address of the proof is printed on the associated Certificate of Authenticity that comes with each proof. These C of A’s fit and are stored in the custom stamped leatherette presentation case that the proof comes with – they should be kept there. These proofs are collectibles and not intended to be used for spending. I would recommend leaving the proof assembled and with its C of A inside its protective display case so one does not encounter an issue of something happening to the card.

Quote
On one side of the card, it says "Batch 1: #27 of 50" and on the other side, it says "Batch 1: #2 of 50".

I can assure you that you received ‘Batch 1: #27 of 50’. The tamper resistant hologram attached to your proof is numbered ‘27’ to correspond to that number which is not only printed on your C of A, but is also stamped on it in ink. With regard to printing on the back of your C of A – I have not encountered this issue in the past but it is possible that the card stock used to print your C of A already had test print on the reverse. If this is indeed the case, I apologize for the error and will gladly replace your C of A with one that has a blank backside should you be looking for a solution and send the error C of A back to me. I would of course cover the shipping expenses as well.

Quote
Litecoin
The number on the coin is 073, and the number stamped on the card is 073, but the card says "Batch 1: #23 of 50", along with an address. I suppose I can assume that everything is ok because 50+23 is 73 and perhaps the "Batch 1" is a typo, but WTF! I'm not going to fund this coin because I'll never know for sure if I funded the correct address.

My .999 fine silver proof lines come in batches of 50 pieces. Primecoin is the only line that has had a second batch made (also 50 pieces). My hologram lines come in batches of 500 and are reused in some of my lines to avoid wasting them. For example, Bitcoin, Litecoin and Namecoin share the same hologram. Bitcoin Batch 1 used hologram numbers 1-50, Litecoin # 51 thru, etc… The stamping on the C of A is there to match the hologram number and again this association is shown on my website http://finitebydesign.net/series-3-btc-ltc-nmc-2014/

Quote
In summary, the coins look very nice, but they cannot be funded safely. They are not functional as physical cryptocoins so they are not worth $70 each in my opinion.

Thank you for your feedback and again, sorry that you are displeased with the product.

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