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Author Topic: Casascius 2011 Double Error Coin  (Read 3453 times)
Eodguy149 (OP)
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November 26, 2015, 06:33:13 AM
 #1

Does anyone own one of these or know anyone who does? I'm talking about the 5 2011 error coins that have the first bits printed 3mm higher than normal making them a "double error."

I would be curious what they value it at, if they would be willing to sell one. Any information is appreciated  Smiley

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November 26, 2015, 08:08:52 AM
Last edit: October 18, 2016, 05:33:59 PM by mojolama
 #2

Does anyone own one of these or know anyone who does? I'm talking about the 5 2011 error coins that have the first bits printed 3mm higher than normal making them a "double error."

I would be curious what they value it at, if they would be willing to sell one. Any information is appreciated  Smiley

I have a 2011 1BTC with double error. Though I didnt even know that was the term till now. Anyway I have'nt a clue what it's worth or how rare they are as not been thinking of selling. Would be interested on what people here value it at, might change my mind.
.

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November 26, 2015, 02:20:51 PM
 #3

Dont see these available. Its something most would want as part of our collections. I would love one too.

I think Elianite had 1 pictured in his cas book. Unsure if that was a stock pic, or one from Mike, or if he got it from a holder of one. Might be worth an ask.

***Edit, yep its on Page 6 *** http://www.coinfirm.org/ no mention of source for the pic
Eodguy149 (OP)
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November 27, 2015, 07:22:09 AM
 #4

Glad to see an owner of one possibly pop up. I love this forum  Smiley

Anyone else have any info on additional owners or is an owner themselves who might be interested in selling?

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November 27, 2015, 11:45:22 AM
 #5

Is there any track on exactly which coins (addy) that is double error?

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Eodguy149 (OP)
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November 27, 2015, 08:35:49 PM
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Is there any track on exactly which coins (addy) that is double error?

Not that I can find. I'm sure Mike would know but I don't think the information has been made public.

Taken directly from Elianite's book:

Quote
The specific coins and even load year are unknown, but they are all 2011 v1 1btc ‘Error Coins’

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November 27, 2015, 09:07:55 PM
 #7

I'm quite intrigued. If it is known that there are 5 (ie a definate number of them), then surely it would be known which 5 .... I am assuming the same printing error was done with a single batch of coins, rather than the same mistake made at 5 different times for a single coin at a time. Perhaps they were made up toghether, but then 'thrown in the mix', and then randomly being funded and released. I cant yet make sense of it.
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November 28, 2015, 12:24:03 AM
 #8

Is there any track on exactly which coins (addy) that is double error?

Not that I can find. I'm sure Mike would know but I don't think the information has been made public.

Taken directly from Elianite's book:

Quote
The specific coins and even load year are unknown, but they are all 2011 v1 1btc ‘Error Coins’

I am slightly concerned about the potential of fake "double errors".
Replicating a Casascius coin would be hard, but to modify an normal error coin into a double error coin would properly not be so hard. Because of the nature of series-1 coins (addy is printed on top of the hologram).

Think it would be a good idea to ask potential sellers about the background of the coin.

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April 30, 2016, 08:10:45 PM
 #9

Found one.  Taking offers...  Grin



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April 30, 2016, 08:43:54 PM
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Eodguy149 (OP)
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April 30, 2016, 09:56:19 PM
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Wow... Do you have a ballpark of what you're looking to get for it? Also, do you mind giving some background on how you acquired it? I think that provenance and history will be very important to the sale of this coin. Great find!  Smiley

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April 30, 2016, 11:06:20 PM
 #12

Nice coin.  Also curious about asking price.

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April 30, 2016, 11:40:49 PM
 #13

Wow... Do you have a ballpark of what you're looking to get for it? Also, do you mind giving some background on how you acquired it? I think that provenance and history will be very important to the sale of this coin. Great find!  Smiley

I'll start the bidding at 100BTC Tongue
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May 01, 2016, 06:30:09 AM
 #14

Wow... Do you have a ballpark of what you're looking to get for it? Also, do you mind giving some background on how you acquired it? I think that provenance and history will be very important to the sale of this coin. Great find!  Smiley

I'll start the bidding at 100BTC Tongue



Sure, I'll start bidding at 100 mBTC!
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May 01, 2016, 02:44:56 PM
 #15

Wow... Do you have a ballpark of what you're looking to get for it? Also, do you mind giving some background on how you acquired it? I think that provenance and history will be very important to the sale of this coin. Great find!  Smiley

I'll start the bidding at 100BTC Tongue


dazed...I really hope you're joking.   

Not sure where you came up with this arbitrary amount.  There are possibly the same amount of 0.5B void coins and those command around 5B each.  There are 1000B 2FA Bars (1 made), 100B 2FA Bars (4 made) that are bars, but rarer, and those didn't command anywhere near such asking prices.

Co-author to the Encyclopedia of Physical Bitcoins.  More details can be found at https://bitcointalk.org/index.php?topic=2767515.0
Eodguy149 (OP)
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May 01, 2016, 05:39:27 PM
 #16

Wow... Do you have a ballpark of what you're looking to get for it? Also, do you mind giving some background on how you acquired it? I think that provenance and history will be very important to the sale of this coin. Great find!  Smiley

I'll start the bidding at 100BTC Tongue


dazed...I really hope you're joking.   

Not sure where you came up with this arbitrary amount.  There are possibly the same amount of 0.5B void coins and those command around 5B each.  There are 1000B 2FA Bars (1 made), 100B 2FA Bars (4 made) that are bars, but rarer, and those didn't command anywhere near such asking prices.


I kind of get the feeling that starting bid is implying he isn't looking to sell it  Wink

Congrats on a great pick up Dazed  Grin

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May 01, 2016, 06:54:11 PM
 #17

I think this kind of "trick" is used to boost the price.
I really can't understand the denomination "double error" ... Are we sure that all old casascius have printed correctly the holograms? (0.001 mm can be a "double error" too maybe?)

And why only 5, who can prove it ?
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May 01, 2016, 07:26:38 PM
 #18

I think this kind of "trick" is used to boost the price.
I really can't understand the denomination "double error" ... Are we sure that all old casascius have printed correctly the holograms? (0.001 mm can be a "double error" too maybe?)

And why only 5, who can prove it ?


My concern is that there isn't a list of the first bits for the 5 double errors. If the coin addresses are not known, then how can it be known that there were actually 5 ?

Elianite may have spoken with Mike about these coins, before they were added to his original casascius guide. He may have some additional detail not in the ebook perhaps ....
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May 01, 2016, 08:26:23 PM
 #19

I'll start the bidding at 100BTC Tongue
dazed...I really hope you're joking.   
I kind of get the feeling that starting bid is implying he isn't looking to sell it  Wink

Congrats on a great pick up Dazed  Grin

I pulled that number out of a hat, completely arbitrary. Correct that I am not actively looking to sell it... but for a ridiculous offer? Who knows.

I think this kind of "trick" is used to boost the price.
I really can't understand the denomination "double error" ... Are we sure that all old casascius have printed correctly the holograms? (0.001 mm can be a "double error" too maybe?)

And why only 5, who can prove it ?
My concern is that there isn't a list of the first bits for the 5 double errors. If the coin addresses are not known, then how can it be known that there were actually 5 ?

Elianite may have spoken with Mike about these coins, before they were added to his original casascius guide. He may have some additional detail not in the ebook perhaps ....

I have this same concern. Currently reaching out to Eliante to see if he knows where the "five" originated.

That said, I do consider the coin an interesting anomaly. How many have surfaced now? Just two?
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May 01, 2016, 09:08:28 PM
 #20

I have this same concern. Currently reaching out to Eliante to see if he knows where the "five" originated.

That said, I do consider the coin an interesting anomaly. How many have surfaced now? Just two?

I have been reached!

The information was posted on the Casascius blog, though I have been unable to relocate the information (It is still probably there, though).
Luckily, I do have a saved image that used to be in his blog (image search does not find it posted anywhere else, though..).
I believe that this image is sufficient evidence to declare that 5 of these coins exist.
We do not know the specific first-bits of the coins. at this point, I am aware of two.
Of the remaining three, it is entirely possible (indeed, likely due to the redemption rate) that at least one has been redeemed.


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