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Author Topic: 2011 Error bitcoin  (Read 1428 times)
krogothmanhattan
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May 11, 2017, 02:00:31 PM
 #1

Hi...I am relatively new in this forum but not new to Bitcoin and its concept.

A few years back I bought a Casascius bitcoin 2011 error 2011-09-08 02:35:15 . According to the site this is the second day loading of such coins.
The guy who sold it to me said he was given this coin for free at a convention on bitcoin when they were still novelty items. Not in mint condition but
good.

     My question is..    a) what is something like this worth above the value of the loaded bitcoin market value?
                               b)  Does the value matter that this was one of the very first 100 coins made by Mike Caldwell?

     I also have a silver gold plated 1BTC loaded 2013-12-14 04:13:04 ....meaning this is one of the very last if not the last loaded by Mike before he said it would shut down on the 27th November. I bought this one directly from Mike and was afraid that I would not get it since he was shutting down operations. So I was lucky he came thru! Tongue

     Any feedback would help. Thanks

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1532118590
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May 11, 2017, 03:00:36 PM
 #2

You should ask these questions in the Collectibles sub-forum. Pictures of said coins will help. I assume by what you wrote that they're not graded, nor protected. That will decrease its price considerably. Can't really tell you about a), I've been away from the collectibles section for quite some time. As for b), yes, but don't expect to get a huge premium for that.
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May 11, 2017, 03:24:59 PM
 #3

Hi...I am relatively new in this forum but not new to Bitcoin and its concept.

A few years back I bought a Casascius bitcoin 2011 error 2011-09-08 02:35:15 . According to the site this is the second day loading of such coins.
The guy who sold it to me said he was given this coin for free at a convention on bitcoin when they were still novelty items. Not in mint condition but
good.

     My question is..    a) what is something like this worth above the value of the loaded bitcoin market value?
                               b)  Does the value matter that this was one of the very first 100 coins made by Mike Caldwell?

     I also have a silver gold plated 1BTC loaded 2013-12-14 04:13:04 ....meaning this is one of the very last if not the last loaded by Mike before he said it would shut down on the 27th November. I bought this one directly from Mike and was afraid that I would not get it since he was shutting down operations. So I was lucky he came thru! Tongue

     Any feedback would help. Thanks

Hi there, and welcome to the forum! Smiley

That Casascius Error Coin will depend entirely on value. As you are a new member, you cannot yet post pictures, but please take photo's of both sides of the coin and upload them to a site such as Imgur, and post the links here - we will be able to give you more accurate information then.

To answer:
a) Currently, around 1 BTC extra. Depends entirely on condition.
b) Yes, I would say that it being one of the first 100 would make it slightly more desirable to collectors - again, this depends entirely on condition, so pictures are needed.

That 1 BTC Casascius Silver Gilt is also worth around the 2 BTC mark ungraded. Again, pictures will be required here please.

Please come back with that info, and we will be happy to help further!

My only payment address: 1ZephertJThxkHih7XcaUHBkMSnvkTt5u
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May 11, 2017, 03:26:52 PM
 #4

It would vary on the condition of the item.
Do you possibly have pictures?
Ones with your user name and date would as well.

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May 11, 2017, 03:30:30 PM
 #5

Personally i would like one of the first 100 coins produced by mike.  I think that is an added bonus, although first day funding would fetch higher.  I think there are collectors that do like the first run added bonus to a coin.  But like everyone else said, based on condition and if these things were just handed around then i imagine it has some wear to it.

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May 11, 2017, 05:53:44 PM
 #6

The value? 2BTC+. The series 2 from 2011 is far more rare and is starting to command a higher premium (as it should). But the error is cool and since it was first produced there are lot of original owners that have probably disregarded/lost these coins or didn't treat them as collectible and they're in worse condition.

The premium for an first 100 made? Absolutely...and obviously you can prove the sequence within which it was funded.

Pictures would help.

Congratulations to you!

krogothmanhattan
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May 11, 2017, 06:05:53 PM
 #7

Hi guys ..thankyou for your responses! I WILL GET PICTURES ONCE I GO TO MY SAFETY BANK BOX..I promise. But these are what I have and proof of their inception loaded days!

               https://casascius.uberbills.com/?page=owners&name=Krogoth%20Manhattan

       I have also three 2011 loaded in December 2011   are those the series 2 you pointed out?

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May 11, 2017, 06:17:44 PM
 #8

      I have also three 2011 loaded in December 2011   are those the series 2 you pointed out?

We'd need to see pictures to be certain. But for you, the series 2 have a different hologram and structure of the first bit letters (they aren't dotmatrix like the series 1). And most importantly the series 2 doesn't mis-spell Casascius as "Casacius".

In this great resource (https://coinfirm.org/wp-content/uploads/2016/07/Casascius-eBook-Plus-2.pdf) compare the image on page 82 (2011 series 1) with the image on page 85 (2011 series 2).

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May 11, 2017, 07:15:11 PM
 #9

No the December 2011 most definitly did not have any errors. Iwill get pics as promised Monday

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krogothmanhattan
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May 11, 2017, 10:14:02 PM
 #10

Hi again! I found some pics I had taken before I stashed them.

I think I have three 2011 series 2 !!!   I am not selling just want to know what I can expect in getting for them.

Any help is always appreciated!  And from the pics they look in good shape. Also thanks for the link on the coins.

I am trying to upload pic but cannot... It seems I cannot load image. How do I do that??

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Zepher
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May 11, 2017, 10:37:12 PM
 #11


I am trying to upload pic but cannot... It seems I cannot load image. How do I do that??


You can't upload pictures I'm afraid, its because your account is new. As your activity increases and you get to Junior Member (if memory serves) then you can post pics that have been uploaded to Imgur/etc.

For now, you just need to post the links for the coins, and someone will post the pictures for you Smiley

My only payment address: 1ZephertJThxkHih7XcaUHBkMSnvkTt5u
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May 11, 2017, 10:57:14 PM
 #12

Hi...can someone go here https://ibb.co/emryqk and get the picture and paste it in this forum? Thanks!

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May 11, 2017, 11:33:08 PM
 #13

Hi...can someone go here https://ibb.co/emryqk and get the picture and paste it in this forum? Thanks!

For the lot i would say anywhere from 11-16btc depending on some variables such as condition/timing/lot size of the sale/etc.  Nice coins

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May 11, 2017, 11:44:30 PM
 #14

Thankyou...that is nice to hear! Can you please post the picture here as I cannot do it since I am a newbie!

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May 11, 2017, 11:56:17 PM
 #15

Hi...can someone go here https://ibb.co/emryqk and get the picture and paste it in this forum? Thanks!


001100010010011110100001101101110011
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May 12, 2017, 12:03:55 AM
 #16

Thankyou Dazedfool!

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May 12, 2017, 01:07:53 AM
 #17

Are you interested in selling all the coins shown in that picture? or just the glit and the 2011 error?

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May 12, 2017, 01:17:24 AM
 #18

Thanks for asking..Not selling any..curious to find what they would go for.

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May 12, 2017, 01:18:56 AM
 #19

Thanks for asking..Not selling any..curious to find what they would go for.

Your best move is to have them graded by ANACS. Once you have grades it is easy to put prices on them.

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May 12, 2017, 01:23:47 AM
 #20

Thanks and you are probably right. But I am having a hard time trusting anyone with these. Perhaps some day I will.

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