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Author Topic: Interest check: Funded Cryptolator Merlin Gold #004 of 120 MS67  (Read 815 times)
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JD646 (OP)
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August 22, 2017, 09:08:00 PM
 #1

Just checking if there would be any interest in this? Considering auctioning it off. It is funded with virgin coin. Graded MS67

https://imgur.com/gallery/DiGpF

https://imgur.com/gallery/6tfKT

Thanks for looking!!
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August 22, 2017, 09:33:23 PM
 #2

Would be interested..what is it funded with?

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August 22, 2017, 10:43:56 PM
 #3

The funding will most likely make the premium worth less and the situation a little trickier.  I'll be bidding if the price is right when it goes to auction.   Smiley

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August 22, 2017, 11:18:54 PM
 #4

Would be interested..what is it funded with?

Funded with  .1 Bitcoin

http://blockr.io/address/info/15bEHZSPnZRunm6Et7gr7Yh5oVwdcrXdnM
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August 22, 2017, 11:28:06 PM
 #5

Thanks. Nice coin..I would bid for the right price

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August 23, 2017, 01:36:01 AM
 #6

The funding will most likely make the premium worth less and the situation a little trickier.  I'll be bidding if the price is right when it goes to auction.   Smiley

Why?
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August 23, 2017, 02:00:24 AM
 #7

The funding will most likely make the premium worth less and the situation a little trickier.  I'll be bidding if the price is right when it goes to auction.   Smiley

Why?


Probably because it will exclude people who want to buy it unfunded and have less people interested in the piece because anyone can fund it once you have it but you cant unfund the piece once its on.  And others like the piece as it was created.  I think thats where digi was going with it.

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August 23, 2017, 03:05:43 AM
 #8

The funding will most likely make the premium worth less and the situation a little trickier.  I'll be bidding if the price is right when it goes to auction.   Smiley

Why?


Probably because it will exclude people who want to buy it unfunded and have less people interested in the piece because anyone can fund it once you have it but you cant unfund the piece once its on.  And others like the piece as it was created.  I think thats where digi was going with it.

Pretty much what wheelz said and I'd like to add this point - you're hoping he didn't generate a vanity address with that prefix for which he controls the keys.  Unless the COA/case are provided as well for which the address can be checked against, the public funding address can't be verified to be the exact one on that coin without manufacturer/maker verification.  The risk is higher since the coin was initially unfunded by the maker and any responsibility for the funded value sits on the buyer in this case.

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August 23, 2017, 03:35:36 PM
 #9

Good to know, I fund all my coins. This rationale shouldn't affect the premium however, just the demand for the coin.
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August 23, 2017, 03:58:31 PM
 #10

Good to know, I fund all my coins. This rationale shouldn't affect the premium however, just the demand for the coin.

Depends.  So long as its the face value i would say you are good.  If face value and funded amount are different i would say that would decrease the premium.

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   $500,000   
MONTHLY
PRIZE POOL
      $10,000     
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GIVEAWAY
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August 23, 2017, 03:59:55 PM
 #11

The funding will most likely make the premium worth less and the situation a little trickier.  I'll be bidding if the price is right when it goes to auction.   Smiley

Why?


Probably because it will exclude people who want to buy it unfunded and have less people interested in the piece because anyone can fund it once you have it but you cant unfund the piece once its on.  And others like the piece as it was created.  I think thats where digi was going with it.

Pretty much what wheelz said and I'd like to add this point - you're hoping he didn't generate a vanity address with that prefix for which he controls the keys.  Unless the COA/case are provided as well for which the address can be checked against, the public funding address can't be verified to be the exact one on that coin without manufacturer/maker verification.  The risk is higher since the coin was initially unfunded by the maker and any responsibility for the funded value sits on the buyer in this case.

Unfortunately I can't find the certificate that came with the coin. I'm not really looking to sell right now, just curious of the possible value. If I were to sell, I could contact the maker and ask him if he possibly has a copy of the full address to prove that it's not a vanity address.
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August 23, 2017, 05:15:45 PM
 #12

Good to know, I fund all my coins. This rationale shouldn't affect the premium however, just the demand for the coin.

It affects the premium for me and creates a much higher barrier to entry for the coin.  It's fine to fund your own coins but when you fund (initially unfunded) and then try to sell them online it's a lot trickier especially when you expect the price to be increased by minimum X amount where X is the value of the funding.


Unfortunately I can't find the certificate that came with the coin. I'm not really looking to sell right now, just curious of the possible value. If I were to sell, I could contact the maker and ask him if he possibly has a copy of the full address to prove that it's not a vanity address.

That's a bummer, I know some people are comfortable gambling on that amount but without 100% certainty that coin is funded with the stated value I will not be bidding.

A good question at this point in time would be:  
How did you fund it without having the certificate?  I'm guessing the funding took place when you initially got it before misplacing the COA?

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August 23, 2017, 06:19:38 PM
 #13



JD646 has already provided us with the address that matches the firstbits of the coin, do you have confirmation that the full public key is the one associated with that coin?  A COA or official Cryptolator Merlin Gold address list would do.   Wink

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August 24, 2017, 04:15:53 AM
 #14

Good to know, I fund all my coins. This rationale shouldn't affect the premium however, just the demand for the coin.

It affects the premium for me and creates a much higher barrier to entry for the coin.  It's fine to fund your own coins but when you fund (initially unfunded) and then try to sell them online it's a lot trickier especially when you expect the price to be increased by minimum X amount where X is the value of the funding.


Unfortunately I can't find the certificate that came with the coin. I'm not really looking to sell right now, just curious of the possible value. If I were to sell, I could contact the maker and ask him if he possibly has a copy of the full address to prove that it's not a vanity address.

That's a bummer, I know some people are comfortable gambling on that amount but without 100% certainty that coin is funded with the stated value I will not be bidding.

A good question at this point in time would be:  
How did you fund it without having the certificate?  I'm guessing the funding took place when you initially got it before misplacing the COA?

I'm the original purchaser of the coin, I funded it shortly after receiving it with mined Bitcoin (why I said they are virgin coin). The first 5 coins were graded by the creator before being sold. I must've had the certificate, but if not I would have funded using the first bits. I recently moved across the country so it's possible the certificate is still packed away somewhere. Seems strange that I wouldn't have kept it with the coin if I had it, but anything's possible.
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August 24, 2017, 05:03:29 AM
 #15

I'm the original purchaser of the coin, I funded it shortly after receiving it with mined Bitcoin (why I said they are virgin coin). The first 5 coins were graded by the creator before being sold. I must've had the certificate, but if not I would have funded using the first bits. I recently moved across the country so it's possible the certificate is still packed away somewhere. Seems strange that I wouldn't have kept it with the coin if I had it, but anything's possible.

It does have a very cool backstory being funded like that and I don't discredit you being the original owner as I've misplaced some of these COA's myself when they get separated for grading like that.  Smiley  

These coins are very nice and I'd venture to say if it was graded back in the day, it could regrade better than MS67 now since the grades have been skewed higher in the past years.  That definitely helps the premium since the coin could be a MS68/69+ upon regrading today.

Best of luck if you decide to search for the COA and I'll be a bidder for sure if the address is verified!

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August 26, 2017, 12:30:42 AM
 #16

Found the COA

https://imgur.com/gallery/VFBHD
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August 26, 2017, 02:29:34 AM
 #17


EPIC and key validated!!!   Grin

The "g" on the public key for that print is commonly mistaken for a "q" when typed in and I can definitely see why.

Will it be going to auction now that you have the complete set?

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August 26, 2017, 05:34:55 AM
 #18


EPIC and key validated!!!   Grin

The "g" on the public key for that print is commonly mistaken for a "q" when typed in and I can definitely see why.

Will it be going to auction now that you have the complete set?

Honestly, I'm not sure yet if I can sell it or not. It's the only collectible coin I only have 1 of. If you want to pm me an offer though, feel free, ya never know!
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August 26, 2017, 11:37:46 PM
 #19

PM sent and if you decide to sell it I think an auction would be the best route.  Smiley

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September 03, 2017, 11:54:16 PM
 #20

really nice coin, I think the price and you have not, if you want to sell it to me, I think you can also have a problem with shipping. It would be better with insured shipping.

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10,000x
MULTIPLIER
NEARLY UP TO
.50%. REWARDS
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