AUCTION - 30x 1BTC (Series1) Casascius coin

[coblee]

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I bought a bunch of Series 1 & 2 casascius coins from Mike Caldwell more than a year ago. And I'm interested in selling some of them for bitcoins.
I thought about selling them one at a time on ebay, but that seems like a lot of work. Plus I would have to give a huge cut to ebay and paypal.
So I'm trying to see if auctioning them would work well. Not sure if I will regret this as I've seen them go for >$2000 each on ebay:
http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79
If you win this auction, maybe you can turn around and sell them on ebay to make a profit.

This auction is for a tube of 30 series 1BTC casascius coins. They will come in a square coin tube.
I found that the half dollar coin tube fits 30 of these coins really well: http://www.amazon.com/Square-Half-Dollar-Coin-Tubes/dp/B004DB1K2E
I bought these from Mike and put them straight into the coin tube and kept it in my safe.
So the condition of the coins should be mint, but I have not opened the tube so I don't know if the coins have tarnished at all.

The starting price of the auction will be 30 BTC. Please bid in increments of at least 1 BTC.

The auction will end on May 1st 12:00 AM (right when April becomes May). Each valid bid will delay the end time by another hour.

When the auction is over, I will PM the winner an address (or post here publicly if that's what the winner prefers) and I expect payment promptly (2 days).
I will offer to the next highest bidder in case of non-payment. The tube of 30 coins will be shipped and insured (free of charge of course) to the winner within 3 business days.

I can have Mike Caldwell verify that he did indeed sell me a bunch of coins last year. My bitcoin-otc rating: http://bitcoin-otc.com/viewratingdetail.php?nick=coblee
If you know me, you know that my reputation is on the line. If you really want escrow, I might consider it, but the buyer would need to pay for all the fees.
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[1714979927]

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[1714979927]

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[1714979927]

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[1714979927]

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[1714979927]

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[maxmint]

Too bad that you're only selling them as batch, I would like to bid for 2 or 3 coins.
Would you maybe sell single coins apart from this auction too?

[nelisky]

Well, I can't pass on the possibility of getting 30 BTC coins for the BTC value alone AND with free shipping (I'm in EU, btw, are the shipping terms the same?)!

Of course that will never fly but it does bootstrap the auction bids

30 BTC

[qwk]

31

posting to put on watch list, real bid will come later 

[nelisky]

31

posting to put on watch list, real bid will come later 

You don't need to post to put on watch list! You mean the 'new replies to your posts list' and just for that

35 BTC

[nelisky]

Hehe, I actually meant to type 32 and clicked post too quickly, but I'll stand by my bid!

[2weiX]

40 BTC

[zebedee]

What is the time zone of this auction?

Are you willing to reveal the addresses?

45 BTC

[nelisky]

So because I was (post button) trigger happy the bid increment is suddenly 5 btc? sheesh, it's no fun like this! I give up.

[coblee]

What is the time zone of this auction?

Are you willing to reveal the addresses?

45 BTC

Oops sorry, timezone is GMT.
The address for the 30 coins? They are stored in the tube in my safe right now, so I'd rather not take it out right now and then type them in. But I will try to get Mike to confirm that he sold them to me.

Bid increment is still 1 BTC.

[casascius]

I confirm I sold coblee physical bitcoins at the approximate time he says I did, and believe that he is likely able to deliver the items he is selling.

[coblee]

I confirm I sold coblee physical bitcoins at the approximate time he says I did, and believe that he is likely able to deliver the items he is selling.

Thanks Mike

[coblee]

Here's a picture of my coins:


I know it doesn't show much. Sorry.

[biganth]

So I'm trying to see if auctioning them would work well. Not sure if I will regret this as I've seen them go for >$2000 each on ebay:

Do your coins have the misprint?

[coblee]

So I'm trying to see if auctioning them would work well. Not sure if I will regret this as I've seen them go for >$2000 each on ebay:

Do your coins have the misprint?

Someone correct me if I'm wrong.
All series 1 coins have the misprint (casacius) and the firstbits printed on the hologram.
Series 2 coins do not have the misprint and have the firstbits showing through the window in the hologram.

This auction is for one of the series 1 tubes in the top half of the image.
So it will have the misprint.

Depending on how well this auction goes, I might create another auction for a series 2 tube or another series 1 tube.

[coblee]

CONTEST! Whoever first figures out what's below the 8 tubes (in the picture) wins 0.1 btc.

[FTWbitcoinFTW]

CONTEST! Whoever first figures out what's below the 8 tubes (in the picture) wins 0.1 btc.

[coblee]

snip

Nope. Hint: it's related to bitcoins.

[shibaji]

snip

Nope. Hint: it's related to bitcoins.

More boxes of Casascius coins for later years.

[arij]

bitbills