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Author Topic: My loaded 100 BTC Casascius Bearer Bar  (Read 14137 times)
JohnGalt
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April 15, 2018, 02:28:52 AM
Merited by TMAN (1)
 #1

Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

Trade physical bitcoins: Economy > Marketplace > Goods > Collectibles
My signing address: 19mzFU4zFrZHkAkHSUta6LapJ6fTFJyhiH
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April 15, 2018, 02:33:18 AM
 #2

Hold it unless you really need it. Otherwise, only do a face to face meeting with like 9 guys with uzi's. lol. just kidding but seriously , that's insane....  Shocked

https://blockchain.info/address/1Gop7ok6QWgsrG81M17m6E5x3HFcZ2VoTB


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April 15, 2018, 02:48:46 AM
 #3

Last time I looked the peel value on something like this was around 125 BTC because of all the forks. It will be hard to find someone willing to take all the risks involved with paying that sort of premium. Amazing that you’ve held it this long. Congratulations! I hope you get a great outcome from it.


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April 15, 2018, 02:49:59 AM
 #4

Your best bet is to reach out to Greenplastic or otoh. They are the only people I believe that can make a deal with you.

or I could do a payment plan over 100 years Tongue

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April 15, 2018, 05:02:15 AM
 #5

I can buy it at 10 btc
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April 15, 2018, 05:37:41 AM
 #6

I can buy it at 10 btc

you mean 10 btc premium?

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April 15, 2018, 06:52:32 AM
 #7

Your best bet is to reach out to Greenplastic or otoh. They are the only people I believe that can make a deal with you.

or I could do a payment plan over 100 years Tongue

What about theymos or blazed?!
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April 15, 2018, 06:58:43 AM
 #8

Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.


so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it Smiley Stick it in a safety deposit box...

(man, there are worse problems to have but yours...indeed!)



Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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April 15, 2018, 07:40:03 AM
Last edit: April 15, 2018, 07:50:42 AM by JohnGalt
Merited by klondike_bar (5)
 #9

so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it Smiley Stick it in a safety deposit box...
(man, there are worse problems to have but yours...indeed!)

I do keep it in a safe deposit box, but here's the real problem: It doesn't make sense for me to own such a valuable item that just sits in a safe deposit box. I would rather have the BTC in a wallet so that I can spend it if I need to.

This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.

Trade physical bitcoins: Economy > Marketplace > Goods > Collectibles
My signing address: 19mzFU4zFrZHkAkHSUta6LapJ6fTFJyhiH
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April 15, 2018, 07:41:19 AM
 #10

I can buy it at 10 btc

you mean 10 btc premium?



10 btc life saving
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April 15, 2018, 12:00:46 PM
 #11

Sending you PM

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April 15, 2018, 05:45:56 PM
 #12

I wanna seeee  I wanna seeeeeee phhhhhleeeeease?  Grin
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April 15, 2018, 05:48:03 PM
Last edit: April 15, 2018, 06:03:53 PM by BitcoinNewsMagazine
 #13

@Fattcatt it is in Ahonen's Encyclopedia if you don't have here are some photos.

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April 15, 2018, 06:59:46 PM
 #14

so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it Smiley Stick it in a safety deposit box...
(man, there are worse problems to have but yours...indeed!)

I do keep it in a safe deposit box, but here's the real problem: It doesn't make sense for me to own such a valuable item that just sits in a safe deposit box. I would rather have the BTC in a wallet so that I can spend it if I need to.

This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.

Well, that is the catch, you move it to a wallet...I assume it has the private key on a wallet on the secret tab....thus it is a 'big paper wallet' with weight

If indeed you want to move coin..you would have to look at that address etc hidden on this brick as such (I assume) and just move the works that way

to a trezor or a paper wallet...you likely WOULD have to IMPORT it as a paper wallet first (maybe others on here can give better advice)

but again, I have btc in a paper wallet in a safety deposit box ..so I WON'T spend it

anyway, yeah you want to spend it you have to move it or if it acts like a paper wallet IMPORT it into something you can move coin in/out easy

(me, I'm in denial..I just HODL)

So PRETTY!








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April 15, 2018, 07:05:18 PM
Merited by OgNasty (1)
 #15

Last time I looked the peel value on something like this was around 125 BTC because of all the forks. It will be hard to find someone willing to take all the risks involved with paying that sort of premium. Amazing that you’ve held it this long. Congratulations! I hope you get a great outcome from it.

The fork thing still fascinates me with these. I've seen many a potential buyer refusing to include their value in any bids as if the seller will be delighted to throw money away to pander to their dislikes.

And I know they may well dwindle to nothing. Again, future speculation is not the seller's problem.

If it were me I'd peel this bitch, but it's a good job I don't have a great deal of Casascius products for the sake of their survival.


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April 15, 2018, 07:55:42 PM
 #16

I defer to the Casascius experts here but I know early Casascius coins used the minikey private key format. You can't sweep minikeys into most bitcoin wallets, but I believe you can with latest Electrum. Minikeys are 30 characters whilst standard keys are 51 characters.

Get expert advice before proceeding but you could buy a Trezor and after initializing use it with latest Electrum instead of trezor.io and possibly successfully sweep your 100 bitcoin to a new Trezor address. This would give you a way to spend your bitcoin if you decide to peel. Handling the fork coins is more problematic. You could also reach out to Tim Draper or the Winklevoss twins at Gemini to try to arrange a sale.

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April 15, 2018, 09:37:17 PM
 #17

I would be ready to buy it for 110BTC before you peel this beautiful piece of art. All the post fork coins add up to about that face value.
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April 15, 2018, 11:20:02 PM
 #18

I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6


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April 15, 2018, 11:26:02 PM
 #19

I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6


It's resting on a Bitcoin Suisse AG 10Bitcoin note  Grin
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April 16, 2018, 05:59:22 AM
 #20

I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6




wow that's a beauty  Shocked Shocked

funded on last day of February 2012 Cheesy

the 110 btc offer seems fair to me as if counting the forks, the total value of forks is around 10 btc more or less

Good luck on the sale! really wish i could buy one Tongue
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