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Author Topic: Casascius hologram issue  (Read 2724 times)
Hellot
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July 12, 2016, 09:07:55 PM
 #61

Just to put this in the public.  I offered to buy this coin for 2BTC but am fine if he decides to try and get more from an auction.  I guaranteed 2BTC for the coin no matter how that auction plays out. 

Yep, live and learn.  I'm content selling it for 2BTC so it looks like we are both happy.

Thanks for the good deal and for sending first.  Everyone else pay attention for this thread.  I will be imaging that hologram using a high power microscope on campus so we can see if the marks are on the hologram surface or subsurface.
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July 12, 2016, 09:08:14 PM
 #62

How do you know these coins are not going to turn into the very rare "Spotty coins".
Only few have been found so far.  Smiley
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July 12, 2016, 09:14:31 PM
 #63

Just to put this in the public.  I offered to buy this coin for 2BTC but am fine if he decides to try and get more from an auction.  I guaranteed 2BTC for the coin no matter how that auction plays out.  

Yep, live and learn.  I'm content selling it for 2BTC so it looks like we are both happy.

2BTC is fair if both sides are happy. Price is also close to market listings for type and grade. Ref ErikvanBreen's 2 @ 2.2BTC/ea... "spotless" tho

Any takers on a MS69 "spotted" goldie for 3BTC?  Cheesy
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July 12, 2016, 09:20:42 PM
 #64

Just to put this in the public.  I offered to buy this coin for 2BTC but am fine if he decides to try and get more from an auction.  I guaranteed 2BTC for the coin no matter how that auction plays out.  

Yep, live and learn.  I'm content selling it for 2BTC so it looks like we are both happy.

2BTC is fair if both sides are happy. Price is also close to market listings for type and grade. Ref ErikvanBreen's 2 @ 2.2BTC/ea... "spotless" tho

Any takers on a MS69 "spotted" goldie for 3BTC?  Cheesy

I'll offer 2BTC  Grin
Hehehe.

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July 16, 2016, 01:02:28 PM
 #65

Anyone want to do some testing on what caused this?  It's a different issue than the casascius spotting but a hologram integrity issue nonetheless.  This a pic prior to redemption.  I peeled halfway and the private key was unaffected.

Pre-redemption:



Post-redemption:

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July 16, 2016, 01:08:42 PM
 #66

Anyone want to do some testing on what caused this?  It's a different issue than the casascius spotting but a hologram integrity issue nonetheless.  This a pic prior to redemption.  I peeled halfway and the private key was unaffected.

Pre-redemption:



Post-redemption:



Damn, you're having some awfully bad luck with your coins Huh Is that a CryptoImperator hologram?

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July 16, 2016, 01:12:17 PM
 #67

No, it's a mircosoul.  I only took one pic (to show Gravitas) before I redeemed it....wish I took a better one.  At the time I didn't think too much about....but now it gives me concern for the rest of my physical coins...

Here is one on ebay...not mine.  The last pic is a good one of what the hologram should look like  Cheesy

http://www.ebay.com/itm/Only-28-MicroSoul-Loaded-05-Silver-Bit-coin-654-Casascius-Physical-Rare-Coin-/122045527165?hash=item1c6a7af47d:g:NPgAAOSwM4xXcYJn
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July 16, 2016, 08:37:17 PM
 #68

I've had seen this with coins I had that I sold.

Nothing alarming to me about it. I got mine directly from Mike so perhaps it is an aging process?

Can't say I've seen anything like that with my holograms though.

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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
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July 16, 2016, 08:38:18 PM
 #69

To be clear there were "dots" but not as many as you have here nor as obviously viewable as in the images you shared.


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╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
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July 16, 2016, 08:40:49 PM
 #70

If you look at the pics, you can see a similar dot pattern on the actual slab in the clear spots...  I'm wondering if this is some sort of reaction, or possibly residue from the slab getting on the coin hologram over time.  Maybe another downside to having coins graded?

The coins I had were never graded and these dots were on there.

I still think it is an aging process that causes them.

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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
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July 16, 2016, 08:59:53 PM
 #71

I wonder if it is somehow related to the ring melting process.  I've only seen this on coins with ring melts.

Good point, I suppose that could be possible if the ring melting involves any significant/nonuniform heat transfer..

I have coins I ring melted from my own collection safely stored and there is no spots despite melting the ring of the hologram.

Then again my holograms aren't 100% identical so not sure if it has to do with any number of factors.

Is it possible that the surface of the coin under the hologram is slightly different and would allow such a thing to happen to some coins and not others? That is a possibility.

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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
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                   ²²²                 
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July 16, 2016, 09:00:32 PM
 #72

I wonder if it is somehow related to the ring melting process.  I've only seen this on coins with ring melts.

Good point, I suppose that could be possible if the ring melting involves any significant/nonuniform heat transfer..

I could see it being heat related or maybe how Mike held the coins in position during the melting process.  We'd need more info on that process and the equipment used.

So about your coin...  I expect the price will be marked down dramatically because of all the imperfections in the hologram, right dazed? Tongue

He used an epilog mini, which I too have to laser coins/etc.

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
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                   ²²²                 
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July 16, 2016, 09:02:52 PM
 #73

PVC contamination could be a possibility, here's an NGC discussion on the topic: https://www.ngccoin.com/news/article/1445/coin-holders-contain-PVC/

This is likely not the case as the CASASCIUS coins I had resided in the plastic rolls Mike sent to me and were never stored in any other container and some still had those dots.

Pretty sure it aint PVC.

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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

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July 16, 2016, 10:10:36 PM
Last edit: July 16, 2016, 10:29:15 PM by vizique
 #74

When watching a video of Mike making the coins once, I saw bare hands/fingers being used to place the Holo

https://www.youtube.com/watch?v=-NyzDY7NUOo
^^
your answer?

Seems the manufacturing process was NOT sterile - Note the upload date. Use this as a reference for coins where the holo is at issue. Coins around this period included ?


QUOTE
A short clip of applying holograms to Casascius physical bitcoins. Helpers are placing private keys from a jar onto the coins and also peeling the holograms onto transfer tape. Another helper puts the coins on a flatbed scanner for later identification and funding."

Thats a LOT of handling....

People have been so focussed on the Slabs and capsules yet it seems sensible to wind back to the very start of the creation process and look for early issues.
To the point that a coin has even yet to be struck. How were the blanks handled? How were they moved around? How many hands/fingers touched them throughout the lifecycle of creation? etc etc. Think like that and I believe you will find you answers far faster

No disrespect to Mike in any way, but he wasn't the Royal Mint. I would describe the process of his creating coins as semi pro hobby craft in the early days. Issues would easily creep in as appears to be the case with the early coins and their holos.


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July 16, 2016, 10:32:52 PM
 #75

When watching a video of Mike making the coins once, I saw bare hands/fingers being used to place the Holo

https://www.youtube.com/watch?v=-NyzDY7NUOo
^^
your answer?

Seems the manufacturing process was NOT sterile - Note the upload date. Use this as a reference for coins where the holo is at issue. Coins around this period included ?


QUOTE
A short clip of applying holograms to Casascius physical bitcoins. Helpers are placing private keys from a jar onto the coins and also peeling the holograms onto transfer tape. Another helper puts the coins on a flatbed scanner for later identification and funding."

Thats a LOT of handling....

People have been so focussed on the Slabs and capsules yet it seems sensible to wind back to the very start of the creation process and look for early issues.
To the point that a coin has even yet to be struck. How were the blanks handled? How were they moved around? How many hands/fingers touched them throughout the lifecycle of creation? etc etc. Think like that and I believe you will find you answers far faster

No disrespect to Mike in any way, but he wasn't the Royal Mint. I would describe the process of his creating coins as semi pro hobby craft in the early days. Issues would easily creep in as appears to be the case with the early coins and their holos.




I like your thinking viz. The amount of times coins must have been handled back then whilst going through the assembly process must be high. These were not that valuable back then, so I can see why this happened. This occurrence of spots may very well be because of oils and residue left behind after assembling.

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July 16, 2016, 10:47:36 PM
 #76

The manufacture of Silver coins appears to mark a change in some of the processes as Mike clearly didn't want blemishes on the nice shiny silver coins. As such, manufacturing appears to have had a more thoughtful sequence where handling is concerned and the related issues would have been mitigated by gloves and better processes. Maybe Mike could qualify the above?

Just my 2 cents
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July 17, 2016, 12:36:19 AM
 #77

When watching a video of Mike making the coins once, I saw bare hands/fingers being used to place the Holo

https://www.youtube.com/watch?v=-NyzDY7NUOo
^^
your answer?

Seems the manufacturing process was NOT sterile - Note the upload date. Use this as a reference for coins where the holo is at issue. Coins around this period included ?


QUOTE
A short clip of applying holograms to Casascius physical bitcoins. Helpers are placing private keys from a jar onto the coins and also peeling the holograms onto transfer tape. Another helper puts the coins on a flatbed scanner for later identification and funding."

Thats a LOT of handling....

People have been so focussed on the Slabs and capsules yet it seems sensible to wind back to the very start of the creation process and look for early issues.
To the point that a coin has even yet to be struck. How were the blanks handled? How were they moved around? How many hands/fingers touched them throughout the lifecycle of creation? etc etc. Think like that and I believe you will find you answers far faster

No disrespect to Mike in any way, but he wasn't the Royal Mint. I would describe the process of his creating coins as semi pro hobby craft in the early days. Issues would easily creep in as appears to be the case with the early coins and their holos.




If this was the case for his 2013 silver coins then there would be noticeable finger prints on the coins which there werent.

When dealing with silver coins it is difficult to apply the entire process without adding finger prints to the silver coins without using gloves.

Brass not so much (even though I tend to use gloves for those as well).

It would seem the finger print issue is not the cause of it as it would be obviously visible on the surface of his silver coins from 2013.

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July 17, 2016, 08:43:57 AM
Last edit: July 17, 2016, 09:38:01 AM by vizique
 #78

When watching a video of Mike making the coins once, I saw bare hands/fingers being used to place the Holo

https://www.youtube.com/watch?v=-NyzDY7NUOo
^^
your answer?

Seems the manufacturing process was NOT sterile - Note the upload date. Use this as a reference for coins where the holo is at issue. Coins around this period included ?


QUOTE
A short clip of applying holograms to Casascius physical bitcoins. Helpers are placing private keys from a jar onto the coins and also peeling the holograms onto transfer tape. Another helper puts the coins on a flatbed scanner for later identification and funding."

Thats a LOT of handling....

People have been so focussed on the Slabs and capsules yet it seems sensible to wind back to the very start of the creation process and look for early issues.
To the point that a coin has even yet to be struck. How were the blanks handled? How were they moved around? How many hands/fingers touched them throughout the lifecycle of creation? etc etc. Think like that and I believe you will find you answers far faster

No disrespect to Mike in any way, but he wasn't the Royal Mint. I would describe the process of his creating coins as semi pro hobby craft in the early days. Issues would easily creep in as appears to be the case with the early coins and their holos.



If this was the case for his 2013 silver coins then there would be noticeable finger prints on the coins which there werent.

When dealing with silver coins it is difficult to apply the entire process without adding finger prints to the silver coins without using gloves.

Brass not so much (even though I tend to use gloves for those as well).

It would seem the finger print issue is not the cause of it as it would be obviously visible on the surface of his silver coins from 2013.

I covered the Silvers above by acknowledging that they appear to have marked a change in process of manufacture. However, manual handling of the Priv key AND the holo,  by multiple persons, appears NOT to have changed (Mike can clarify?). So even if the Silver coins are treated and handled with utmost care AND with gloves, the keys and holos were not, ergo the perfect entry point for chemicals.
If two persons body grease/sweat mix it can create additional chemicals which can have a noticeable impact. This is well known.

In light of the video itself, I believe there's now compelling evidence indicating that the manual elements of production are a very likely contender for being the cause of the issues currently being faced by Coin owners.

Again, I think Mike is probably the one best placed to highlight production issues of the time.

What  was the humidity in the room like?
Room Temperature?
Were people hot/warm/cold while working?
Had the room been recently decorated?
Had anyone had pizza that day, afternoon, evening? (you get the idea)


There are so many variables possible during production that, if you have satisfied yourselves that the slabs absolutely cannot be the issue, then by axiom the creation process MUST play a more significant part in the investigation.

Currently, all evidence points to production as the weak point and most likely cause of dots and spotting. It may be the Holos themselves at the point of THEIR manufacture.
Am I correct in thinking that the paper used for priv keys was removed from the list of culprits?
Viz
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July 17, 2016, 09:58:09 AM
 #79

When watching a video of Mike making the coins once, I saw bare hands/fingers being used to place the Holo

https://www.youtube.com/watch?v=-NyzDY7NUOo
^^
your answer?

Seems the manufacturing process was NOT sterile - Note the upload date. Use this as a reference for coins where the holo is at issue. Coins around this period included ?


QUOTE
A short clip of applying holograms to Casascius physical bitcoins. Helpers are placing private keys from a jar onto the coins and also peeling the holograms onto transfer tape. Another helper puts the coins on a flatbed scanner for later identification and funding."

Thats a LOT of handling....

People have been so focussed on the Slabs and capsules yet it seems sensible to wind back to the very start of the creation process and look for early issues.
To the point that a coin has even yet to be struck. How were the blanks handled? How were they moved around? How many hands/fingers touched them throughout the lifecycle of creation? etc etc. Think like that and I believe you will find you answers far faster

No disrespect to Mike in any way, but he wasn't the Royal Mint. I would describe the process of his creating coins as semi pro hobby craft in the early days. Issues would easily creep in as appears to be the case with the early coins and their holos.



If this was the case for his 2013 silver coins then there would be noticeable finger prints on the coins which there werent.

When dealing with silver coins it is difficult to apply the entire process without adding finger prints to the silver coins without using gloves.

Brass not so much (even though I tend to use gloves for those as well).

It would seem the finger print issue is not the cause of it as it would be obviously visible on the surface of his silver coins from 2013.

I covered the Silvers above by acknowledging that they appear to have marked a change in process of manufacture. However, manual handling of the Priv key AND the holo,  by multiple persons, appears NOT to have changed (Mike can clarify?). So even if the Silver coins are treated and handled with utmost care AND with gloves, the keys and holos were not, ergo the perfect entry point for chemicals.
If two persons body grease/sweat mix it can create additional chemicals which can have a noticeable impact. This is well known.

In light of the video itself, I believe there's now compelling evidence indicating that the manual elements of production are a very likely contender for being the cause of the issues currently being faced by Coin owners.

Again, I think Mike is probably the one best placed to highlight production issues of the time.

What  was the humidity in the room like?
Room Temperature?
Were people hot/warm/cold while working?
Had the room been recently decorated?
Had anyone had pizza that day, afternoon, evening? (you get the idea)


There are so many variables possible during production that, if you have satisfied yourselves that the slabs absolutely cannot be the issue, then by axiom the creation process MUST play a more significant part in the investigation.

Currently, all evidence points to production as the weak point and most likely cause of dots and spotting. It may be the Holos themselves at the point of THEIR manufacture.
Am I correct in thinking that the paper used for priv keys was removed from the list of culprits?
Viz

I agree it boils down to two categories of factors (with numerous variables):

1. The assembly process

2. the holograms themselves were slightly made different in production in terms of quality consistency etc.

If I had to guess it sounds more like an aging process of the coins as I remember opening up my roll when I initially got them and never saw one of those dots until many months later.

This is my own personal experience with the coins I am sharing and am in no way claiming to be an expert at all. All I can do is speak from my experience with Mike's coins as well as my experience with dealing with holograms on my own coins that are months and years old which have not had that issue.

Obviously something is different, what that is to me is a mystery thus far.

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
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    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
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July 17, 2016, 10:55:44 AM
 #80

..snip (WoT)

I agree it boils down to two categories of factors (with numerous variables):

1. The assembly process

2. the holograms themselves were slightly made different in production in terms of quality consistency etc.

If I had to guess it sounds more like an aging process of the coins as I remember opening up my roll when I initially got them and never saw one of those dots until many months later.

This is my own personal experience with the coins I am sharing and am in no way claiming to be an expert at all. All I can do is speak from my experience with Mike's coins as well as my experience with dealing with holograms on my own coins that are months and years old which have not had that issue.

Obviously something is different, what that is to me is a mystery thus far.

It will be interesting to see then, in the coming months and years ahead, how Holo's generally fair across the range of physical coins that were subsequently made after Mike made the process public.

The variables are indeed many and hopefully, as time moves on, there will be a or some common factors arising that may enable a clearer idea of what is causing these issues Smiley

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