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Author Topic: [WTS] Unfunded Casascius 1000BTC 1oz gold coin to celebrate gold parity!  (Read 3832 times)
HabBear
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March 05, 2017, 05:00:27 AM
 #21


He offered these unfunded.  There were only 5 coins sold funded in which you are talking about.  Gotta question though how many unfunded coins were sold

This is why using spotcoins as a reference does not work......

Why? Spotcoins is accurate with the number of coins minted that were funded, which is consistent with all the other coin types the post numbers on.

They don't post any numbers on the blanks, slugs, or that St. Petersburg coin.

As long as Spotcoins links to Mike's Uberbills tracking site, the counts are accurate and reliable. If you wanted to test it, though, redeem one of your coins and let's see if the number redeemed goes up!  Wink
HabBear
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March 05, 2017, 05:06:08 AM
 #22

I am waiting for HabBear to show up and offer escrow services...

Well played. Haha.

In honor of the gold parity I recuse myself from the selection of aspiring escrow proprietors available on this forum. I must insist that I not get involved. Don't even think about asking me.

Psych. If the OP was offering a transaction here, I probably would have.


coblee (OP)
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March 05, 2017, 08:51:01 AM
 #23

FYI, these coins have BIP38 encryption on the keys where Mike Caldwell doesn't know the password. So the funding address will not be in the list of pre-generated addresses Mike created. So none of the trackers will be able to track these coins.

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March 05, 2017, 03:47:14 PM
 #24

Nice coins you got there, 1000 BTC Casascius Goldies!  Shocked Smiley

Original cost 100 BTC each... Ouch!

If I could afford I'd get one, nice pieces.
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March 05, 2017, 09:29:21 PM
 #25

If we consider 1oz gold = ~1BTC atm, were you able to buy 280oz of gold for the BTC value spent back when you purchased them?

Yes, but I used BTC at the time to buy these coins. If I had kept the BTC, I would have been 10 times better off.

Dang I would have thought the opposite.   Shocked

In any event, they are extremely unique and good luck recouping value from the coins.

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March 06, 2017, 08:22:11 AM
 #26

Sold.  PM sent.

..Stake.com..   ▄████████████████████████████████████▄
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alphahacktivist
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March 06, 2017, 10:38:15 AM
 #27

how much is it going for? i need at least 5
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March 06, 2017, 10:42:09 AM
Last edit: March 06, 2017, 10:57:54 AM by Gatorelf
 #28

how much is it going for? i need at least 5

14 BTC
coblee (OP)
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March 07, 2017, 11:11:17 PM
 #29

how much is it going for? i need at least 5

Why would you need 5?  Smiley

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March 08, 2017, 03:26:36 AM
 #30

how much is it going for? i need at least 5

Why would you need 5?  Smiley

Haha, "I need 5" of the 5 that were originally funded and available? Hahaha.

(I realize that Coblee's set and others were created on special order)
alphahacktivist
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March 08, 2017, 09:40:23 AM
 #31

how much is it going for? i need at least 5

Why would you need 5?  Smiley

Haha, "I need 5" of the 5 that were originally funded and available? Hahaha.

(I realize that Coblee's set and others were created on special order)

LOL 5 funded would be over 5mil

was expecting less than the price op asked for. but its still a good piece
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March 08, 2017, 03:26:08 PM
 #32

What's the price you would consider selling it for, including shipping? Is anything lower than 14BTC acceptable?
coblee (OP)
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March 08, 2017, 03:28:52 PM
 #33

What's the price you would consider selling it for, including shipping? Is anything lower than 14BTC acceptable?

I've already sold a few coins at this price. So I know it's reasonable. But I will entertain offers over PM.

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March 08, 2017, 03:37:33 PM
 #34

Can you explain a little more about the 2factor arrangement.
  
Do you know both the private key and the password or just the password to the private key underneath?  Who generated the private key?  If it wasn't Mike, how was the information communicated?
coblee (OP)
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March 08, 2017, 03:55:36 PM
 #35

Can you explain a little more about the 2factor arrangement.
 
Do you know both the private key and the password or just the password to the private key underneath?  Who generated the private key?  If it wasn't Mike, how was the information communicated?

How it works is that I have a passphrase in mind and I generated an intermediate code and gave that code to Mike. Mike cannot figure out the passphrase with that code, but he can generate private/public key pairs that can only be decrypted with my passphrase. He also gave me confirmation codes that I can use to verify that the passphrase matches the public key address on each coin. I will give that confirmation code to whoever buys the coin. This website is useful for generating and confirming BIP38 encrypted keys: https://bit2factor.com/

Although Mike doesn't know the passphrase, I used the same passphrase for all the 20 coins, so I have told the people that I sold the coins to. If Mike finds out what this passphrase is AND he kept the encrypted private key underneath the hologram for the coin, he would be able to derive the actual private key and steal any coins in there. I trust that Mike didn't do that. And if he did, there are a few 1000 BTC coins for him to steal.  Smiley

That said, I wouldn't put any BTC in these coins myself. The BTC in it will be locked and can only be removed by peeling the hologram, which will destroy most of the premium of this coin. And if it makes the coin harder to resell.

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March 20, 2017, 02:42:03 PM
 #36

Plans to offer X-mas Layaway?  Grin

coblee (OP)
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March 20, 2017, 05:50:38 PM
 #37

Plans to offer X-mas Layaway?  Grin

Sure, a 20% deposit, and I will hold it for you.  Smiley

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March 20, 2017, 10:16:29 PM
 #38

14 btc for 1 oz of gold?

Sounds like a sweet deal for the seller!


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April 26, 2017, 01:49:22 AM
 #39

Hi, stopping by on a random visit to the forum.

Coblee's gold 1000 BTC Casascius coins are legit.  They are 2factor.  I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)?  Without looking at my records, my eyeball's recollection was 20 to 30 coins.  He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs).  I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith.  So that's why I made them available that way to Coblee.  I am pretty sure I made no more than 50 of the gold coins.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
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April 26, 2017, 03:05:24 AM
 #40

Hi, stopping by on a random visit to the forum.

Coblee's gold 1000 BTC Casascius coins are legit.  They are 2factor.  I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)?  Without looking at my records, my eyeball's recollection was 20 to 30 coins.  He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs).  I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith.  So that's why I made them available that way to Coblee.  I am pretty sure I made no more than 50 of the gold coins.

Very cool, Thanks for verifying such a cool and unique collection. Are you still selling in-person?

Thanks!

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