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Author Topic: Casascius Silver 1BTC FIRST-OWNER PGP DOCS -- RESERVE AUCTION -- ADVANCE NOTICE  (Read 288 times)
nubbins
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October 17, 2017, 01:14:07 PM
 #1

Hi folks

I am planning to offload a coin via reserve auction. The auction will likely run for the entire month of November.

Why am I telling you about it now? Because I want to give everyone *plenty* of warning, and make sure nobody misses out.

WHY A RESERVE AUCTION?

Because I'd like to reserve the right to keep the coin if I'm not happy with the top bid. THIS DOES NOT MEAN THAT BIDS LOWER THAN RESERVE WILL BE REJECTED. IT MEANS THEY WILL BE ACCEPTED OR DECLINED AT MY DISCRETION.

More details and stuff to come in a couple weeks. Not many first-owner coins with PGP docs floating around, so this might be a once-in-a-lifetime opportunity for the collector who has it all!

No longer buying/selling Casascius coins. Beware scammers.
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October 17, 2017, 01:19:43 PM
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I assume it's ungraded (to preserve proper chain of possession.) Interesting.

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October 17, 2017, 01:23:35 PM
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When will this auction happen? Any set date?

“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.” Satoshi Nakamoto
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October 17, 2017, 01:27:42 PM
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I assume it's ungraded (to preserve proper chain of possession.) Interesting.

Yes, I have never graded a coin. ANACS grades cannot be trusted anyway. Serious purchasers know how to grade a coin by eye.

When will this auction happen? Any set date?

00:00 UTC, November 1, 2017.

No longer buying/selling Casascius coins. Beware scammers.
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October 17, 2017, 01:30:50 PM
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[WTS]**
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October 17, 2017, 01:32:32 PM
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[WTS]**

There is nothing for sale in this thread Smiley

No longer buying/selling Casascius coins. Beware scammers.
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minerjones
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October 17, 2017, 01:33:18 PM
 #7

I assume it's ungraded (to preserve proper chain of possession.) Interesting.

Yes, I have never graded a coin. ANACS grades cannot be trusted anyway. Serious purchasers know how to grade a coin by eye.

When will this auction happen? Any set date?

00:00 UTC, November 1, 2017.

Can you please clarify the start time, as UTC is not a time zone.......

"Although GMT and UTC share the same current time in practice, there is a basic difference between the two:

GMT is a time zone officially used in some European and African countries. The time can be displayed using both the 24-hour format (0 - 24) or the 12-hour format (1 - 12 am/pm).
"UTC is not a time zone, but a time standard that is the basis for civil time and time zones worldwide. This means that no country or territory officially uses UTC as a local time."

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October 17, 2017, 01:37:10 PM
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Can you please clarify the start time, as UTC is not a time zone.......

"Although GMT and UTC share the same current time in practice, there is a basic difference between the two:

GMT is a time zone officially used in some European and African countries. The time can be displayed using both the 24-hour format (0 - 24) or the 12-hour format (1 - 12 am/pm).
"UTC is not a time zone, but a time standard that is the basis for civil time and time zones worldwide. This means that no country or territory officially uses UTC as a local time."

Huh. TIL. 00:00 GMT, UTC±00:00   Cheesy

No longer buying/selling Casascius coins. Beware scammers.
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November 06, 2017, 11:26:25 AM
 #9

Nov 1 came and went. I may just sit on the coin. Not very fussy on sticking something so valuable in the mail. If anyone is interested in making a trip to the beautiful island of Newfoundland, you might be able to convince me to sell it to you in person  Kiss

No longer buying/selling Casascius coins. Beware scammers.
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