[FIRE SALE]: Casascius 1 BTC Coins - ENDED

[molecular]

This offer is closed.

Hey guys,

recently sales of my Casascius 1 BTC coins have declined and I really miss packaging and sending them to people.

Although I payed BTC 1.21 to acquire them and have average shipping/insurance cost of about BTC 0.14 (which makes my break-even sell price BTC 1.35) I decided to fire-sell the bulk of them.



Graduated Pricing

Price will be gradually increasing by number of coins ordered as follows:

Price BTC  |  coins offered | group_id
------------------------------------
1.00       |  1             | group0
1.05       |  2             | group0             
1.10       |  3             | group0
1.15       |  4             | group0
1.20       |  5             | group0
1.25       |  6             | group1
1.30       |  7             | group1
1.35       |  8             | group1
1.40       |  9             | group2
1.45       | 10             | group2

Limits

You can order up to 3 coins, but a maximum of 1 per group. Only 1 order per household.

How to order

Just post how many coins you want. I will go through the orders tonight (about 12 hours after this post)  chronologically and give everyone the best possible price quote and a payment addy. You can finalize the order by making the payment and PMing me a shipping address. You can cancel the order (if you don't like the price you got or for whatever other reason) by simply saying so here.

More Details / Rules:

• I will pay for tracked shipping (you will receive the tracking number on request)
• If postal service loses the letter we will wait until I receive my insurance money (this can take up to 5 months!!). So please don't buy if you can't afford to have the money in limbo for that long.
• If tracking service of Postal service says: "received" or "could not be delivered, needs to be picked up" or similar, it's on you: the coin is considered to be delivered at that point
• In case of trouble/dispute I am allowed to publicize the tracking number (this does not reveal the receiving address)
• On request, I will publicize the tracking number here in the thread
• Upon receiving the coin(s), it would be nice if you posted that fact here.

If you have suggestions for or problems with these rules, please let me know.

Orders

status workflow is: ordered -> payed -> shipped -> received

buyer

coins

price BTC

status

So, I'll be outside for the whole day. Looking forward to see how this goes...

--- EDIT ----

I'm tracking orders here: https://docs.google.com/spreadsheet/ccc?key=0Au-mVSBh0PA4dGlEQnVEbWI1NkhCb2MwOVMwdEp5anc

see row 6 to see how many coins are left at each price. See top for what post-# the list is updated to.

This means you can calculate what price you will get by looking at that sheet and the orders in this thread after the post-# from the sheet.

There's a new offer: https://bitcointalk.org/index.php?topic=154083.0. At this point it's better to use that.

[1715483476]

1715483476

[1715483476]

1715483476

[1715483476]

1715483476

[1715483476]

1715483476

[1715483476]

1715483476

[1715483476]

1715483476

[molecular]

reserved

[mb300sd]

So does this mean I can get 3 coins for 3.1 btc? If so, I'm in.

Edit: reread, 1 per group.. Will still buy 1 for 1.0 btc.

[Bowjob]

I'll buy one coin.

[molecular]

So does this mean I can get 3 coins for 3.1 btc? If so, I'm in.

No, if you buy 3 coins you will get one from each price group (notice the 3rd column "group_id").

Currently that would be: 1 x 1.05 + 1 x 1.25 + 1 x 1.40 = 3.70.

Therefore the condition for your order is not met and you have not ordered at this point.

[molecular]

So does this mean I can get 3 coins for 3.1 btc? If so, I'm in.

Edit: reread, 1 per group.. Will still buy 1 for 1.0 btc.

order accepted. pay BTC 1.0 to 188fKgKotMKgx8BZcB5M1dy1hHacxEcCDD to finalize and PM shipping info.

[molecular]

I'll buy one coin.

Order accepted, pay BTC 1.05 to 18HYom1knBv1VLGW3jv3GxhKxPYSWBYWMV to finalize order and PM shipping info.

[Namworld]

I'll take 3

[Bowjob]

http://blockchain.info/tx/7016f7683db72a2c6cf67fd3f4215f58a193ea67a551f08fc2bec98b157fe490

Done. Thanks. This will be an interesting tool when people wonder.. "But.. BTC isn't tangible."

[rpietila]

Binding buy on the condition that price is max. 1.15.

[molecular]

I'll take 3

Order for 3 Coins accepted, please pay BTC 3.70 to 19TShDXDCHRmpWkeymxaZEGPLVVvHaSjFC and PM shipping info.

EDIT: quoted wrong price, corrected

EDIT2: namworld changed order from 3 coins to 1 coin (see later in thread)

[molecular]

Binding buy on the condition that price is max. 1.15.

Accepted order for 1 Coin, pay BTC 1.1 to 1DhASHPKeZWRzTiv1rHHCLyJGkpkJwiFdE and PM shipping info.

[molecular]

I'm tracking orders here: https://docs.google.com/spreadsheet/ccc?key=0Au-mVSBh0PA4dGlEQnVEbWI1NkhCb2MwOVMwdEp5anc

see row 6 to see how many coins are left at each price. See top for what post-# the list is updated to.

[Namworld]

Oh, I didn't notice the group IDs, I thought each price was it's own group.

I'll just take the 1.05 one. Sorry about that.

[M0nKeY]

I'd like one.

[peterepeat]

Hi, I would like to buy 3 coins
edit: (I need shipping to Australia, so please PM if extra is required)

[randrace]

I'll take one! (thanks for posting in wall thread!)

[notserp]

ill take 1

[pinger]

Can you send it internationally? I want one for a present but I'm from Catalunya, Spain, Europe, Earth Planet.

What can be the price? Please contact me via pm when possible.

[psybits]

If shipping is international I'll take 1 at the cheapest price

[labestiol]

I'll take 1.

[Projects]

I also will take 1 if you will ship internationally

[rpietila]

Well, I assumed that shipping is international. After all it is a metal disc about 1mm thick. Shipping that is not rocket science

[thoughtfan]

Wow, that's astoundingly complicated for a 'fire sale' where I assume the primary objective is to sell off stock.

I was about to make a Casascius order then got excited by the possibility of cheap coins only to find your pricing is designed to discourage people from buying more than one and to reward those who happen to see the post first.  I don't get it!  You appear to be maximising the odds you'll have loads of tiny orders to pack in loads of little envelopes each of which needs to be sent to a different address. I'm intrigued by your reasoning - would you share?

For those who do want more than a few, Casascius is currently offering 10 physical 1BTC coins for 11BTC including international shipping.  Not that I'm intending to throw a wet cloth over your fire sale Molecular but I thought I should point out the obvious to those who want more than a couple, and/or who are late and/or may be struggling with your pricing algorithm!

[molecular]

Oh, I didn't notice the group IDs, I thought each price was it's own group.

I'll just take the 1.05 one. Sorry about that.

no problem. order reduced from 3 to 1 coin. Please pay BTC 1.05 to same address 19TShDXDCHRmpWkeymxaZEGPLVVvHaSjFC.

[molecular]

I'd like one.

order accepted, please pay BTC 1.1 to 18SnsDezqECQMD9rBsbzpYDVH3mKzrxU1e to finalize and PM shipping info.

[molecular]

Hi, I would like to buy 3 coins
edit: (I need shipping to Australia, so please PM if extra is required)

order accepted, please pay BTC 3.75 to 1AodT6h6uFCGAdXGTUKTpkCcsb9dGoLCjt to confirm and PM shipping info.

[molecular]

I'll take one! (thanks for posting in wall thread!)

order accepted, please pay BTC 1.15 to 1JWLmMaEj7kn6j9WUk8KE6UacM8j1y7Fe9 to confirm and PM shipping info.

[molecular]

ill take 1

order accepted, please pay BTC 1.15 to 17fncp4ifTHtRBNBkhrzHEa5poGYDokJJj to confirm and PM shipping info.

[molecular]

Can you send it internationally? I want one for a present but I'm from Catalunya, Spain, Europe, Earth Planet.

What can be the price? Please contact me via pm when possible.

Shipping is included to all countries the german postal service is able to deliver letters to. Catalunya is definitely included (aren't you separate from spain yet?).

order accepted, please pay BTC 1.15 to 114Mi2fsJZwXDiuwogk228HaXC7J8JQD1e to confirm and PM shipping info.

[molecular]

If shipping is international I'll take 1 at the cheapest price

In case you mean "cheapest available price" you got the last one from 1.15 category.

order accepted, please pay BTC 1.15 to 13wmDNCiEwpJL1X2Xfu2pabc4TKDiB31Kw to confirm and PM shipping info.

[molecular]

I'll take 1.

order accepted, please pay BTC 1.20 to 13Bs6BHpsVvpHwy4HK97XJdFWG5T4hcLdT to confirm and PM shipping info.

[molecular]

I also will take 1 if you will ship internationally

order accepted, please pay BTC 1.20 to 1EahhXr6534L1RKo53TytxbkLVpH85zwX6 to confirm and PM shipping info.

[bitcad]

I will take 3.

[lolwut]

I will take 2

[molecular]

Wow, that's astoundingly complicated for a 'fire sale' where I assume the primary objective is to sell off stock.

I was about to make a Casascius order then got excited by the possibility of cheap coins only to find your pricing is designed to discourage people from buying more than one and to reward those who happen to see the post first.  I don't get it!  You appear to be maximising the odds you'll have loads of tiny orders to pack in loads of little envelopes each of which needs to be sent to a different address. I'm intrigued by your reasoning - would you share?

For those who do want more than a few, Casascius is currently offering 10 physical 1BTC coins for 11BTC including international shipping.  Not that I'm intending to throw a wet cloth over your fire sale Molecular but I thought I should point out the obvious to those who want more than a couple, and/or who are late and/or may be struggling with your pricing algorithm!

This deserves an answer. Yes, it's a pretty complicated way to sell off stock, but I want to learn about different selling modes and just get some experience as to what works and what doesn't. Some psychology involved here, I guess.

As for shipping small quantities: That's the idea. Look as the pricing structure casascius has: 1 Coin: 1.50, 10+ coins 1.08 each. So I can only really compete below 10 coins for that reason alone. Add to that some shipping and insurance complications (shipping from germany) and I can't really compete below 5 or so (weight and contraints and insurance limit on postal service letter, UPS/DHL/... are prohibitively expensive sending packages).

Mike wanted to offload small order shipping and he did that by way of pricing. It clearly works and I'm taking some load off him. If you want 10+ coins you should probably order from him. For 3 to 10 coins we can always talk and I can work out a price for you if you tell me the destination, but it's probably more economical (assuming you're in the states) to have it shipped from a reseller on the right side of the pond.

[molecular]

when you guys PM me your shipping info, can you please include the country? My guessing might not be reliable.

[molecular]

I will take 3.

order accepted, please pay BTC 3.60 to 1JKAjXX4jUxv7aNHrFZj4QQDMToFiW9y8c to confirm and PM shipping info.

[molecular]

I will take 2

order accepted, please pay BTC 2.468 to 1HqdbukJmwwjWbCddZT6Y3x7ig2EictauE to confirm and PM shipping info including country.

EDIT: you need to pay only BTC 2.468 (because I'm offering at BTC 1.234 per coin). fixed post.

Alternatively pay LTC 216 to LStkdPrLXYhLQyq7rcyA3nny6CMizEFmx8

[molecular]

btw: in case someone cancels his order that spot in the price category will be free again and the next order I process will get it.

[molecular]

randrace, you overpayed by 5 millibits.

[thoughtfan]

Wow, that's astoundingly complicated for a 'fire sale' where I assume the primary objective is to sell off stock.

I was about to make a Casascius order then got excited by the possibility of cheap coins only to find your pricing is designed to discourage people from buying more than one and to reward those who happen to see the post first.  I don't get it!  You appear to be maximising the odds you'll have loads of tiny orders to pack in loads of little envelopes each of which needs to be sent to a different address. I'm intrigued by your reasoning - would you share?

For those who do want more than a few, Casascius is currently offering 10 physical 1BTC coins for 11BTC including international shipping.  Not that I'm intending to throw a wet cloth over your fire sale Molecular but I thought I should point out the obvious to those who want more than a couple, and/or who are late and/or may be struggling with your pricing algorithm!

This deserves an answer. Yes, it's a pretty complicated way to sell off stock, but I want to learn about different selling modes and just get some experience as to what works and what doesn't. Some psychology involved here, I guess.

As for shipping small quantities: That's the idea. Look as the pricing structure casascius has: 1 Coin: 1.50, 10+ coins 1.08 each. So I can only really compete below 10 coins for that reason alone. Add to that some shipping and insurance complications (shipping from germany) and I can't really compete below 5 or so (weight and contraints and insurance limit on postal service letter, UPS/DHL/... are prohibitively expensive sending packages).

Mike wanted to offload small order shipping and he did that by way of pricing. It clearly works and I'm taking some load off him. If you want 10+ coins you should probably order from him. For 3 to 10 coins we can always talk and I can work out a price for you if you tell me the destination, but it's probably more economical (assuming you're in the states) to have it shipped from a reseller on the right side of the pond.

Appreciate your going to the lengths of explaining to me thank you Molecular.  Sorry if I came over as critical - was more perplexed really.  Thanks for the offer but I went with Plan A - especially bearing in mind your purchase price was more than I'm currently needing to pay.  Good luck with your experiment.

[molecular]

Appreciate your going to the lengths of explaining to me thank you Molecular.  Sorry if I came over as critical - was more perplexed really.  Thanks for the offer but I went with Plan A - especially bearing in mind your purchase price was more than I'm currently needing to pay.  Good luck with your experiment.

Your criticism (doesn't have to be negative) is welcome. There are many other ways I could've done this. Also, the goals are not always as clear-cut as one thinks.

Sometimes I do things not only for the profit. Feels good to distribute these beautiful coins to many people

[lebing]

I will take 1 if you still have one left mol, thanks

[Otoh]

I'll take 3 with EU shipping please, also I would be happy to make an offer for any that may remain unsold after everyone has finished buying if there are any left overs.

[molecular]

I will take 1 if you still have one left mol, thanks

order accepted, please pay BTC 1.25 to 1Q21VNh5Tz1FSpC7EhHFvUsuPWU178DDai to confirm and PM shipping address

[molecular]

I'll take 3 with EU shipping please, also I would be happy to make an offer for any that may remain unsold after everyone has finished buying if there are any left overs.

order accepted, please pay BTC 3.8 to 1AHD5wmEv9w5csP8zCkYsekMF9F9UCN54g to confirm and PM shipping info.

let's PM, I'll delay your shipping for now.

[Coinapult]

How many are still available?

[molecular]

How many are still available?

32 left. We're in the BTC 1.30 category (6 left).

see here: https://docs.google.com/spreadsheet/ccc?key=0Au-mVSBh0PA4dGlEQnVEbWI1NkhCb2MwOVMwdEp5anc

[molecular]

just had some fun opening a new roll and putting the coins in bags:

[Otoh]

I'll take 3 with EU shipping please, also I would be happy to make an offer for any that may remain unsold after everyone has finished buying if there are any left overs.

order accepted, please pay BTC 3.8 to 1AHD5wmEv9w5csP8zCkYsekMF9F9UCN54g to confirm and PM shipping info.

let's PM, I'll delay your shipping for now.

I should have read the thread through fully before hand, I'm more interested in bulk & as you mentioned that's better direct from Casascius, please cancel my request, most impressed by what you're doing here btw with this!

[nethead]

Lemme get one of those then, pm me more info pls

[johnniewalker]

If I didn't miss the boat I'll take 3

edit**: no offense molecular, but after reading your terms I'm out (I'm sure you know what I'm referring to lol)

But everyone else: molecular is a stand up guy, buy your coins from him.

[randrace]

randrace, you overpayed by 5 millibits.

Put that in the mailing fund. 

[molecular]

Lemme get one of those then, pm me more info pls

in case this is to be considered an order, please pay BTC 1.234 to 18GdUP69ViTibtKZc2mLqFacgh6oEVKoLX and PM me shipping info.

(see below why the weird price)

[molecular]

If I didn't miss the boat I'll take 3

edit**: no offense molecular, but after reading your terms I'm out (I'm sure you know what I'm referring to lol)

But everyone else: molecular is a stand up guy, buy your coins from him.

No offense taken, thanks for your criticism.

I admit it was a really weird pricing/selling mode, encouraging to buy only one, preferring early customers and all that. I learned a lot. It's not a good way.
Maybe some spotted where I was going: I wanted to make things a little fun and cater to the little devil in you guys that tells us to "buy now, because it will be more expensive later". I also wanted to find what's an acceptable price for a coin including shipping and I think I found one.

Everyone got a good price so far I would say (noone payed more than BTC 1.25 per coin including shipping).

I suggest you don't buy from this thread any more coins since I will put up a new (and simple) offer shortly.

Whoever bought from this thread at a higher price than the new offer will be reimbursed the difference.


EDIT: here's the new offer: https://bitcointalk.org/index.php?topic=154083.0

[molecular]

I'll take 3 with EU shipping please, also I would be happy to make an offer for any that may remain unsold after everyone has finished buying if there are any left overs.

order accepted, please pay BTC 3.8 to 1AHD5wmEv9w5csP8zCkYsekMF9F9UCN54g to confirm and PM shipping info.

let's PM, I'll delay your shipping for now.

I should have read the thread through fully before hand, I'm more interested in bulk & as you mentioned that's better direct from Casascius, please cancel my request, most impressed by what you're doing here btw with this!

No problem at all. I was expecting you to do cancel .

When ordering >5 coins I suggest to order either from casascius directly or from another reseller, preferrably in your country. Import VAT tax risk is an issue here and Mike solved this problem in a way only he can (reseller can't do this) by no loading the coins until they are in the hands of the recipient.

[molecular]

You're better off using this offer from now on: https://bitcointalk.org/index.php?topic=154083.0

[molecular]

The following people payed BTC 1.25 per coin and are elligible for a reimbursement of the differnce to my new offer (BTC 1.234) of BTC 0.016 per coin:

• peterepeat (3*0.016 = 0.048)
• lolwut (0.016)
• lebing (0.016)

please give me addresses so I can send the coins.

EDIT: lolwut hasn't payed yet, so I crossed him from the list. He can confirm his order by paying BTC 2.468 to address given above.
EDIT2: lebing said I should consider it a tip, so I crossed him, too.

[molecular]

lol, I can't even execute my own rules. I undercharged Bitcad (he accidentally got all 3 coins from group1). Well, it's on me.

[lebing]

The following people payed BTC 1.25 per coin and are elligible for a reimbursement of the differnce to my new offer (BTC 1.234) of BTC 0.016 per coin:

• peterepeat (3*0.016 = 0.048)
• lolwut (0.016)
• lebing (0.016)

please give me addresses so I can send the coins.

Consider it a tip 

[molecular]

correct me if I'm wrong. according to my records, 3 people have not paid.

I will set a deadline so the coins can be free again: 24 48 hours from time of this post. If you haven't payed by then, the order is not confirmed and rejected.

to all others: I sent your coins today. If you haven't received a tracking-number via PM from me, please tell me.

(status: https://docs.google.com/spreadsheet/ccc?key=0Au-mVSBh0PA4dGlEQnVEbWI1NkhCb2MwOVMwdEp5anc)

EDIT: extended deadline by another 24 hours.

EDIT2: corrected typo

[deepceleron]

correct me if I'm wrong. according to my records, 3 people have not payed.

I'll correct you. The correct spelling is paid.

[molecular]

correct me if I'm wrong. according to my records, 3 people have not paid.

I will set a deadline so the coins can be free again: 24 48 hours from time of this post. If you haven't payed by then, the order is not confirmed and rejected.

deadline is over, orders of lolwut and Projects are cancelled.

You can still order from my other thread: [SALE]: Casascius 1 BTC Coin only BTC 1.26 incl. worldwide shipping

[notserp]

ill take 1

order accepted, please pay BTC 1.15 to 17fncp4ifTHtRBNBkhrzHEa5poGYDokJJj to confirm and PM shipping info.

got my coin in today thanks

[peterepeat]

Hi, I would like to buy 3 coins
edit: (I need shipping to Australia, so please PM if extra is required)

Thanks molecular, received today - they look amazing!

[molecular]

Hi, I would like to buy 3 coins
edit: (I need shipping to Australia, so please PM if extra is required)

Thanks molecular, received today - they look amazing!

pleasure doing business. happy your happy

[Bowjob]

I received my coin. She looks sexy! Thanks.

[molecular]

This offer has now ended.

[molecular]

offering 0.5 BTC coins with some goodies:

Casascius 0.5 BTC coin + certificate of age + coin capsule + shipping: BTC 0.89