[SOLD OUT] Casascius Gold-Plated Silver 1 BTC Physical Bitcoins

[JohnGalt]

I have several only one remaining sold out of the new Casascius gold-plated Silver 1 BTC Physical Bitcoins for sale. Each coin contains 1 troy ounce of 0.999 fine silver and has the private key for 1 BTC behind the hologram on the back. Each coin also comes in an Airtite capsule. I used cotton gloves to handle the coins, so none of the coins were touched by me.

I have several brass 0.5 BTC coins for sale. Check out this thread: https://bitcointalk.org/index.php?topic=223033.0

Send me a PM or post in this thread if you are interested.

Past sales for reference:
0.5 BTC coins: https://bitcointalk.org/index.php?topic=223033.0
1 BTC and 5 BTC coins: https://bitcointalk.org/index.php?topic=176117.0
1 oz. gold coins: https://bitcointalk.org/index.php?topic=127500.0

[icey]

Do you also sell the coins, after they are unloaded? I am interested in the coin but not the 1 BTC.

I doubt anyone is going to redeem these for a long time, they'd lose too much value

[miffman]

You made over 700 btc by selling those gold coins 

[miffman]

You made over 700 btc by selling those gold coins 

You have it backwards. I bought 750 BTC with 5 oz of gold. At the time it was a good trade for both of us, but since then, gold has gone down and bitcoin has gone way up.

Right right, sorry. Yeah that's the thing about bitcoin, trades always work out at the time. Even like lazlo's pizza

[smoothie]

These coins are indeed very nice!

Glad I picked up a roll when I did. 

[miffman]

Do you also sell the coins, after they are unloaded? I am interested in the coin but not the 1 BTC.

Send a PM to Casascius. Maybe he'll sell you some bare coins.

Thanks for the tip, PMed him

Let me know how much he charged you? If he actually sold one?

[Blazed]

How much you asking for 1 of these shipped in the USA?

[Michail1]

2BTC for a 1BTC coin with $22 worth of silver.

Don't take this wrong, am I misreading something?  $350 seem quite the premium for the coin.
Super limited run or something?

[SgtSpike]

2BTC for a 1BTC coin with $22 worth of silver.

Don't take this wrong, am I misreading something?  $350 seem quite the premium for the coin.
Super limited run or something?

They've become quite collectible, and somewhat difficult to acquire.

[Michail1]

They've become quite collectible, and somewhat difficult to acquire.

Not sure how collectible something is if it is still available.  I could collect alum can, but if Coke is still producing the product, there is no sense.

Are there stats on production runs, etc.  Isn't this a relatively new coin?

I would hope to see some stat saying only 1000coins made or some such.

Again, not to be taken wrong.  I don't mind buying items, but would like to know more about it other than the premium.

[Blazed]

Cas is selling these for BTC1.47 Each.  I assume OP just has not updated this post in a while with a new price.

[SgtSpike]

Cas is selling these for BTC1.47 Each.  I assume OP just has not updated this post in a while with a new price.

He originally sold 20 coins at 35 BTC just a few weeks ago. Now, his single coins are priced far below that and I'll have to sell at a loss. If he wants resellers, he can't compete with them like that.

New price -- 1.50 BTC

It's probably largely because the value increase of BTC means he can maintain his margins on a lower BTC price per coin.

[Michail1]

A few weeks ago, bitcoin was only $200.   So, a $200 premium per coin
Since BTC has doubled in price against the dollar, this means you have to consider the premium should be half the number of bitcoin from 1 to .5 accordingly (plus loaded value of 1 BTC).

Sorry you are taking a loss, but against the dollar, you haven't lost.

Can't complain though, because you could have bought coin for half the price only weeks ago in order to get the physical coins.  Which means you are making a very nice profit.

[Blazed]

I will take 2 of them. 

[JohnGalt]

A few weeks ago, bitcoin was only $200.   So, a $200 premium per coin
Since BTC has doubled in price against the dollar, this means you have to consider the premium should be half the number of bitcoin from 1 to .5 accordingly (plus loaded value of 1 BTC).
Sorry you are taking a loss, but against the dollar, you haven't lost.
Can't complain though, because you could have bought coin for half the price only weeks ago in order to get the physical coins.  Which means you are making a very nice profit.

I don't think dollars are relevant because I'm selling bitcoins that were bought with bitcoins and are sold for bitcoins. But, if you want to think in dollars, then look at it this way: I am losing more than $100 (0.25 BTC plus costs) on each coin.

[Michail1]

John,

Understood.   Didn't want you to take offence.  It's all good.

I do agree that a manufacturer shouldn't compete with it's resellers.  Hope they (he) makes it up to you.

[Blazed]

Sent a message over to TomatoCage for escrow (I assume that works for you).

[Tomatocage]

I'm firing up my machine right now. I'll send you the escrow address in a couple minutes, Blazed.

[Tomatocage]

Ok, sorry for the delay. This is for the sale of two (2) 1 BTC Casascius coins @ 1.5 BTC each, for a total of 3.0 BTC.

Buyer: Blazedout419
Seller: JohnGalt

Escrow address: 1MkPtaQeAySnDZHDF8iraMzqSKV8nUK5Vq

Release of escrow within 24hrs of delivery to Blazedout419.

[Blazed]

https://blockchain.info/tx/6b8ac8b047651d52daabe32c0df89b03136021f55e6c2c8f6f928719b448392c

Sent Tomatocage a tip via LTC too!