Original 5 BTC Casacius market value

[Platzman]

OK I've done a bit of Newbie homework. Got my 5 BTC coin graded (see pics) and put in a nice protective case which took much longer than I thought. It's MS64. Now I realize that this coin also holds "forked" currencies BCG and BCH which at market price today (0.11 BCH/BTC) would put face value at around 5.55 BTC. Right ?

I've also found out that there is some mistrust with Newbie auctions as it seems they may chicken out of a deal. So kind of cath 22 here. How does a newbie gets sufficient buyer interest for an auction if no trust exist - just like in my case 


https://imgur.com/a/k2FKY

[1715200275]

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[1715200275]

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[1715200275]

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[killyou73]

Thanks Blazed, but I think it I shoud have it graded by ANACS or equiv as I have little knowledge of what constitutes a poor/mint condition. I do realize though that there is a premium attached to a loaded physical 5 BTC as your offer kindly demonstrates. This is also a challenge for me as I am located in Canada and don't feel good at all sending this through a little FedEx envelope to an organisation I dont know.

Do you guys know of any alternative grading services or DIY grading kits ?

ANACS is your only option for grading. Any Casascius coin will carry a premium due to who made them. Your coin has some smudges on the BTC and that will hurt the grade some, but overall it is not a bad looking coin. My guess is you would get MS64/65 on it.

Not only that, but I can't imagine sending a coin worth 5 btc right now in the mail, especially to ANACS who will only guarantee a $100 return insurance amount.

(I'd rather peel it or sell it in person, or to someone reputable such as Blazed here, especially if I lived in CA).

Just my opinion, ofc, cheers!

But blazed doesn't live in CA, unless he moved?!

[Vigens]

How much would you like for it? PM.

[wheelz1200]

OK I've done a bit of Newbie homework. Got my 5 BTC coin graded (see pics) and put in a nice protective case which took much longer than I thought. It's MS64. Now I realize that this coin also holds "forked" currencies BCG and BCH which at market price today (0.11 BCH/BTC) would put face value at around 5.55 BTC. Right ?

I've also found out that there is some mistrust with Newbie auctions as it seems they may chicken out of a deal. So kind of cath 22 here. How does a newbie gets sufficient buyer interest for an auction if no trust exist - just like in my case 


https://imgur.com/a/k2FKY

Auction it off here, so long as you can prove you own it, maybe the general paper with name and date next to it and offer the ability to the buyer to utilize a trusted escrow here you should get the same interest as a long time buyer here, especially since it's now graded.  Good luck