[FOR SALE] Series 1, 1 BTC Casascius Coins

[Scott J]

In light of this: http://www.ebay.com/itm/190818189201

I am potentially willing to sell three of these.

I'd like to gauge people's interest, so feel free to make offers  

[1713930680]

1713930680

[1713930680]

1713930680

[1713930680]

1713930680

[SgtSpike]

I'd give you 3 BTC for each of them (qty 1-3), no questions asked.

Questions asked, maybe more.

- What kind of condition are these in?
- Did you ever touch them with your bare hands?
- Where/how have they been stored?
- Are you the original owner?
- Do they have any visible tarnish on the backside?

[randrace]

Holy cow, 3BTC each?!? Sell! Sell!

[BurtW]

yowza, I have a boatload of these things I bought on a whim when they first came out.  3 BTC each?  Hmmmm....

[SgtSpike]

yowza, I have a boatload of these things I bought on a whim when they first came out.  3 BTC each?  Hmmmm....

Hit me up!

[Scott J]

I'd give you 3 BTC for each of them (qty 1-3), no questions asked.

Questions asked, maybe more.

- What kind of condition are these in?
- Did you ever touch them with your bare hands?
- Where/how have they been stored?
- Are you the original owner?
- Do they have any visible tarnish on the backside?

- I would say they are in very good condition.
- I have touched them on occasion.
- They have been stored in the original package they came in, in a drawer in my room.
- I am the original owner of two - the other I won in a competition on this forum.
- I cannot see any visible tarnish.

[SgtSpike]

I'd give you 3 BTC for each of them (qty 1-3), no questions asked.

Questions asked, maybe more.

- What kind of condition are these in?
- Did you ever touch them with your bare hands?
- Where/how have they been stored?
- Are you the original owner?
- Do they have any visible tarnish on the backside?

- I would say they are in very good condition.
- I have touched them on occasion.
- They have been stored in the original package they came in, in a drawer in my room.
- I am the original owner of two - the other I won in a competition on this forum.
- I cannot see any visible tarnish.

Thanks!

My offer stands at 3 BTC ea for now.  I know that is well below the eBay price, but it's what I'm willing to spend right now. 

[Scott J]

I'd give you 3 BTC for each of them (qty 1-3), no questions asked.

Questions asked, maybe more.

- What kind of condition are these in?
- Did you ever touch them with your bare hands?
- Where/how have they been stored?
- Are you the original owner?
- Do they have any visible tarnish on the backside?

- I would say they are in very good condition.
- I have touched them on occasion.
- They have been stored in the original package they came in, in a drawer in my room.
- I am the original owner of two - the other I won in a competition on this forum.
- I cannot see any visible tarnish.

Thanks!

My offer stands at 3 BTC ea for now.  I know that is well below the eBay price, but it's what I'm willing to spend right now. 

Thanks for your offer 

[Littleshop]

yowza, I have a boatload of these things I bought on a whim when they first came out.  3 BTC each?  Hmmmm....

There really are not that many of the original 2011 ones .  Many have been redeemed.  
I think 5 BTC is reasonable for average condition, 6+ for great.   I also have some for sale.  I am considering ebay for one of them though prefer to sell here for btc.

Still bidding over $1400
http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79

Sold at $850:
http://www.ebay.com/itm/Original-Casascius-Physical-Bitcoin-Series-1-Minted-in-December-2011-/181115773817?pt=US_World_Coins&hash=item2a2b576379

Sold at $1075
http://www.ebay.com/itm/Version-1-Casascius-Bitcoin-Minted-in-Dec-2011-/190818189201?pt=US_World_Coins&hash=item2c6da67f91

[SgtSpike]

yowza, I have a boatload of these things I bought on a whim when they first came out.  3 BTC each?  Hmmmm....

There really are not that many of the original 2011 ones .  Many have been redeemed.  
I think 5 BTC is reasonable for average condition, 6+ for great.   I also have some for sale.  I am considering ebay for one of them though prefer to sell here for btc.

Still bidding over $1400
http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79

Sold at $850:
http://www.ebay.com/itm/Original-Casascius-Physical-Bitcoin-Series-1-Minted-in-December-2011-/181115773817?pt=US_World_Coins&hash=item2a2b576379

Sold at $1075
http://www.ebay.com/itm/Version-1-Casascius-Bitcoin-Minted-in-Dec-2011-/190818189201?pt=US_World_Coins&hash=item2c6da67f91

What is still unknown about the eBay auctions is who Paypal will side on when the buyer submits an "empty box" or "item not as described" dispute.  It could be that scammers are raising the price, knowing that they will probably get away with a paypal chargeback if they return the item (even with a redeemed holo).

It's hard to know whether $1,400 is a legitimate price for these!

[Littleshop]

yowza, I have a boatload of these things I bought on a whim when they first came out.  3 BTC each?  Hmmmm....

There really are not that many of the original 2011 ones .  Many have been redeemed.  
I think 5 BTC is reasonable for average condition, 6+ for great.   I also have some for sale.  I am considering ebay for one of them though prefer to sell here for btc.

Still bidding over $1400
http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79

Sold at $850:
http://www.ebay.com/itm/Original-Casascius-Physical-Bitcoin-Series-1-Minted-in-December-2011-/181115773817?pt=US_World_Coins&hash=item2a2b576379

Sold at $1075
http://www.ebay.com/itm/Version-1-Casascius-Bitcoin-Minted-in-Dec-2011-/190818189201?pt=US_World_Coins&hash=item2c6da67f91

What is still unknown about the eBay auctions is who Paypal will side on when the buyer submits an "empty box" or "item not as described" dispute.  It could be that scammers are raising the price, knowing that they will probably get away with a paypal chargeback if they return the item (even with a redeemed holo).

It's hard to know whether $1,400 is a legitimate price for these!

That could happen but it is not going to be anywhere near the majority of sales.  The chance is lower for a physical coin then a virtual one as most of the virtual ones are hacked accounts.  If someone does this, you (usually) know exactly who did it.  Certainly not selling to new eBay users (setting terms), only ones in the country you live in, using signature confirmation and canceling suspicious buyers will reduce this chance. 

[SgtSpike]

yowza, I have a boatload of these things I bought on a whim when they first came out.  3 BTC each?  Hmmmm....

There really are not that many of the original 2011 ones .  Many have been redeemed.  
I think 5 BTC is reasonable for average condition, 6+ for great.   I also have some for sale.  I am considering ebay for one of them though prefer to sell here for btc.

Still bidding over $1400
http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79

Sold at $850:
http://www.ebay.com/itm/Original-Casascius-Physical-Bitcoin-Series-1-Minted-in-December-2011-/181115773817?pt=US_World_Coins&hash=item2a2b576379

Sold at $1075
http://www.ebay.com/itm/Version-1-Casascius-Bitcoin-Minted-in-Dec-2011-/190818189201?pt=US_World_Coins&hash=item2c6da67f91

What is still unknown about the eBay auctions is who Paypal will side on when the buyer submits an "empty box" or "item not as described" dispute.  It could be that scammers are raising the price, knowing that they will probably get away with a paypal chargeback if they return the item (even with a redeemed holo).

It's hard to know whether $1,400 is a legitimate price for these!

That could happen but it is not going to be anywhere near the majority of sales.  The chance is lower for a physical coin then a virtual one as most of the virtual ones are hacked accounts.  If someone does this, you (usually) know exactly who did it.  Certainly not selling to new eBay users (setting terms), only ones in the country you live in, using signature confirmation and canceling suspicious buyers will reduce this chance. 

Yep, good points!  I think only shipping to paypal-verified addresses helps as well.

[SgtSpike]

I've decided to up my offer to 4 BTC per coin.  Let me know if you're interested Scott J.

[willphase]

If it helps - I paid 3 BTC for mine, but that was a few weeks ago

Will

[casascius]

I am blown away to see my earliest coins going for that much.  It's crazy.  Had I ever known...

With very few exceptions I gave away most of my early coins to people at work, I was giving them out like candy, what iwth BTC being $2 and all.  So, those lucky ducks, if they still have them, have a prize.

I suppose if people are taking collecting my coins seriously, I might as well point out that the series 1 coins were made and distributed in prefix order, with 11xxxxxx being the first, 12xxxxxxx being next, etc.  The lower the number, the earlier the coin.

There are two specific coins I can think of that might garner peculiar interest for rarity, if any of my coins could be described that way.

I only kept one coin from the earliest batches.  I kept one whose prefix was "13kpu33y".  I funded it in 2011, but decided not to give away becuase when I looked at it, and the way the font looks, it appeared to me like the coin said "13k pussy".  Since these were coins I was giving away to promote bitcoin, I subconsciously set it aside because I wanted to foster discussion of bitcoin, not middle school locker room jokes.  Had I not funded, I probably would have just ripped it open and thrown it in my "rejects" pile.  So, that said, that's the only genuine original untouched funded-in-2011 coin I managed to keep.  Even though it would be sweet to see four figures for it, I doubt I'll sell it.

There were two prototype coins I made out of the pre-production coin samples before I got the Casascius holograms.  The prototype coins had a generic hologram, had a greenish solidified lacquer layer covering that hologram (since I was experimenting with spray coatings I ultimately decided not to do).  Inside the lacquer layer I embedded a second outer paper circle with 8 character prefix, split on two lines of four.  Of those four prototype coins, I funded only one of them so I could give it away.  I don't know who I gave it to, but I know who of several people who possibly might have it.  I suppose that's the only one that can be proven to have existed at the time having timely funding on the block chain.  The coin is fully functional.  I have the other one, but I don't think I ever funded it.  Matters little, cause I'm not about to sell it either.

I have had people contact me to find out when their coin was minted, as though to evaluate its value.  Just look it up on the block chain.  I always fund the address after creating the coin (it would be stupid to do otherwise in case the coin ends up being a reject for whatever reason) so it is easy to establish a coin was minted prior to the date the block chain shows it was funded.

[PachucoBro]

Can you say Beanie Babies?  

EDIT: No insult intended to the creator... they are cool coins. Wish I could afford to get one for my teenage son as a B-Day gift.

[willphase]

I am blown away to see my earliest coins going for that much.  It's crazy.  Had I ever known...

Mike - I bought a 1BTC casascius series 2 coin from someone at a stall at Defcon XX (2012) - was that from you, or from a reseller?

Will

[Littleshop]

I suppose if people are taking collecting my coins seriously, I might as well point out that the series 1 coins were made and distributed in prefix order, with 11xxxxxx being the first, 12xxxxxxx being next, etc.  The lower the number, the earlier the coin.

And interestingly all of the higher priced coins are 13xxxxxxx 14 and 15.  I have not seen (though some numbers are obscured) a 11xxxxxx or a 12xxxxxx yet go on ebay.

[casascius]

Can you say Beanie Babies?  

EDIT: No insult intended to the creator... they are cool coins. Wish I could afford to get one for my teenage son as a B-Day gift.

No offense taken.  Casascius Coins weren't made as a marketing gimmick to prop up their own value, if anything they were a teaching gimmick to teach people about bitcoin.  It's very flattering to have accidentally created something that's even comparable to Beanie Babies in terms of attention and people wanting it.  Now I feel like I better glue my Bitcoin license plate to my car before it disappears.

[casascius]

I am blown away to see my earliest coins going for that much.  It's crazy.  Had I ever known...

Mike - I bought a 1BTC casascius series 2 coin from someone at a stall at Defcon XX (2012) - was that from you, or from a reseller?

Will

I talked one of the vendors into reselling them right on the spot.  I was there.  If you bought from me, I was wearing a custom made T-shirt that says "I SELL PHYSICAL BITCOINS" (made by the shirt press next door to the vendor you saw my coins at).

For being one guy, I sold quite a few coins in the hallways, and made a healthy convenience premium over spot price doing so.  It was like $9 BTC at the time, and I was asking $20 for one coin or $30 for two coins.  NOwadays buyers are willing to pay more than that just to order them online, so I can only imagine how well somebody would do selling them in person at a booth at DefCon this year.