Casascius 2011 Double Error Coin

[dazedfool]

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.

Thank you sir! Now who wants a glorious 1of5 (or less) Casascius oddity?

[1715095480]

1715095480

[1715095480]

1715095480

[Blazed]

I really do not view these as a double error personally. An error to me is something obvious like a misspelled hologram, flaw in the coin, etc... To me he just printed them off center a tad not really seeing how that adds value?

[dazedfool]

I really do not view these as a double error personally. An error to me is something obvious like a misspelled hologram, flaw in the coin, etc... To me he just printed them off center a tad not really seeing how that adds value?

Error coins are just coins that have some sort of mistake or anomaly when compared to the rest of the lot. The definition is wildly vague and open to interpretation (reference Morgan VAM cataloging as one example of the extreme).

You might not consider a text offset an "error", but in this case it is a distinct/unusual characteristic that is recognized and found only on a very small subset of coins.

As for adding value, again very much open to interpretation. Depends entirely on the collector. Do you just want one variety of a coin? Or do you want ALL varieties? Appreciate the input. I think it's a double-error. 

[JackRilley]

i dont see the value in these coins. i agree with blazed, there is no error. even if its a distinction of uniqueness, its hardly a big change. definitely not something worth much money.
i do not believe the market will pay very much for this coin. not much more than the error coin market rate, plus maybe 5-10%, anything else is silly.

I would keep it for your collection.

[dazedfool]

i dont see the value in these coins. i agree with blazed, there is no error. even if its a distinction of uniqueness, its hardly a big change. definitely not something worth much money.
i do not believe the market will pay very much for this coin. not much more than the error coin market rate, plus maybe 5-10%, anything else is silly.

I would keep it for your collection.

Fair opinion. But why 5-10%? Why not 15-500%? Why is one collector's valuation "silly" when compared to another's? The "market" has provided a few very interesting offers thus far

[Fortify]

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.

0.123456888, do you accept my ridiculous offer

[gravitate]

This excites me a lot actually. I cant afford one of these but if I had one I wouldn't sell it for the world

[TookDk]

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.

0.123456888, do you accept my ridiculous offer

I actually found this comment/offer very amusing, Fortify's has a very dry humor

[mojolama]

Just spotted this post update on second double error to surface.
I've updated my first reply to this thread with a pick of the coin I have.
Useful for future reference etc. 

[Eodguy149]

Just spotted this post update on second double error to surface.
I've updated my first reply to this thread with a pick of the coin I have.
Useful for future reference etc. 

Very nice! 

Are you looking to sell it? If so for how much?

[mojolama]

Very nice!  

Are you looking to sell it? If so for how much?

Dont think I'll be selling now, prices for physicals are a bit subdued at the moment, waiting for the next wave of interest then I'll see.
But if someone offers me a price I cant refuse ...

[A-10]

And what would that end of the rainbow price be at current price if you were to sell now?

[dazedfool]

And what would that end of the rainbow price be at current price if you were to sell now?

I had an offer of 10BTC for mine...

[A-10]

Their offer is a little higher than mine would be. Thank you for priceing it.

[mojolama]

And what would that end of the rainbow price be at current price if you were to sell now?

Seriously...It's a good problem to have, considering Bitcoin will be stamped in world history as the first true digital money. Every collector I've spoken to has advised me to hold onto this one
Sure, A bird in the hand is better than 2 in the bush.
I really don't have a fixed price for selling it now, I was offered 17 BTC a while back.

[dazedfool]

elianite has an ad for one at 25BTC on his site   

https://coinfirm.org/rare-coins-for-sale

[Blazed]

elianite has an ad for one at 25BTC on his site   

https://coinfirm.org/rare-coins-for-sale

2013 called....they want their prices back 

[skibum]

Please forgive me if this is a noob question, which I think it is, but can anyone tell if the printing of the first bits on this coin I have is some sort of error?

https://i.imgur.com/FIQd6Jc.jpg
[not sure why this isn't showing up as an embedded image?]

The reason I ask is that "all" the other coins from 2011 I have seen have had the first bits printed like they are here: https://bitcointalk.org/index.php?topic=1664391.0 . Any helpful comments appreciated. Thank you!

[monkeynuts]

Image of the other side?

Are you selling?

[skibum]

Image of the other side?

Are you selling?

Here's the front of it:
https://i.imgur.com/v0GuETl.jpg

As far as selling goes, I am considering it, but:

1) Am still in the process of researching what I have and how I would go about selling it and transferring it safely and securely (i.e., protecting myself from getting ripped off, either by selling for too little or by have the buyer claim they never received it or claiming something else that negatively impacted me).

2) Believe that the premium on 2011 Casascius coins will rise (in BTC), so am not in a hurry.

I realize point #2 is subject to debate. What I'm most interested in is learning about at the moment is #1.

When I feel confident of that, I expect I will sell one or two 2011 Casascius coins (one of each Series 1 and Series 2).

Any comments and/or links regarding point #1 appreciated. Thank you