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Author Topic: My loaded 100 BTC Casascius Bearer Bar  (Read 14257 times)
JohnGalt (OP)
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May 14, 2018, 09:11:41 PM
 #81

Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

Trade physical bitcoins: Economy > Marketplace > Goods > Collectibles
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Lesbian Cow
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May 14, 2018, 10:22:34 PM
 #82

Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

I am confident Otoh can swing the purchase regardless of btc/USD rate if you can work out a btc price now with deal finalization whenever you two can meet.

To err is human, to moo is bovine

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Otoh
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May 15, 2018, 02:15:39 AM
Merited by TMAN (2), Lesbian Cow (1)
 #83

Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

Likely any buyer would already have the bitcoins, as in my case, so the USD rate doesn't really matter that much (so long as one doesn't mind making large amounts of value much less liquid in return for this cool collectable cold storage), I'm happy to offer you 120 BTC (regardless of what the USD/BTC value is when we complete) and exchange face to face at a mutually agreed lawyer's offices* in the States in January 2019 (I'm based in LA, but could fly in to NY np) or if you fancy a trip to Europe before then and don't mind bringing it over with you then I could do it in July - Aug - part Sept - Channel Islands (UK), part Sept - Greece, Oct - Madrid, Nov - Barcelona.

*A simple sales contract having being drawn up to show our details, the transfer of ownership and the relevant BTC addies, the lawyer effectively escrowing by holding the bar until the payment coins confirm at your given receiving addie, a couple of hours max or so depending on how many confirmations you'd like.

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc 
Bitstamp Exchange: Referal Code
CHARITY | MY REP | PREDICTION 1 | PREDICTION 2 | PREDICTION 3
elianite
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September 09, 2018, 10:40:24 PM
 #84

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

Just an FYI... the linked page is 70% word-for word plagiarism from my book. It is unauthorized, and was created by bitcointalk user nathansenn to whom I provided a PDF preview copy of my book. It is one of 4 plagiarized posts he made for his own personal gain, and he does not attribute me or my book in even one of them in any way. i have been in contact with nathansenn regarding the matter and he has failed to take any corrective action.

New book: BLOCKLAND: 21 Stories of Bitcoin, Blockchain, and Cryptocurrency www.cryptonumist.com/blockland
Author of Encyclopedia of Physical Bitcoins and Crypto-Currencies. View a free sample and Buy the book at https://cryptonumist.com
To prevent hacks, DO NOT send me BTC above $300 value before first emailing coins@cryptonumist.com to confirm. Beware of scammers on Telegram/Instagram etc.
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May 19, 2019, 05:07:22 PM
 #85

Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?

I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.

I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.

Is this still for sale?
nofreecoins
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May 21, 2019, 10:14:14 AM
 #86

You a "bearer" for as long as you have that bar, remember that you could sell the bar too damn cheap and get the respective altcoins left, it is hard to keep I imagine.
It can be easy to sell on different markets I imagine, but not safe at all, could try https://openbazaar.org/ but man please don't peel it, you'll regret enough the selling itself Tongue.
Remember that's probably an amazing history piece.
Edit: I see a sale is being aranged, hope new owner cares of it Smiley.
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May 21, 2019, 12:17:17 PM
 #87

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/
WhyFhy
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May 21, 2019, 01:25:20 PM
 #88

Considering all factors I would auction it off at face value 100BTC + Forks +    $10000**+ for Cas collectible
at the time of writing this BTC @ 8000 usd , BCH @ 446 usd , BSV @ 64 usd
 your bar is almost 900K usd @ 5/21/2019 Maybe Im forgetting something


-edit got em with that bump shit.

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jazbec
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May 21, 2019, 01:39:10 PM
 #89

hodl it 2 more years man
gentlemand
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May 21, 2019, 01:44:01 PM
 #90

Chrysties may be a good starting place to reach out to...

It's going to be a long time before established auction houses want to touch stuff like this. If you turned up with one now they'd pat you on the head and tell you to leave. Too many unknowns for them and they wouldn't know how to market it either.

If I owned something like this I'd be pretty stumped. I'd probably only sell in person to someone VERY established on here and even then peeling would look like a lot less trouble. I'm more interested in my own well being than preserving Casascius heritage.
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May 21, 2019, 01:49:32 PM
 #91

Chrysties may be a good starting place to reach out to...

It's going to be a long time before established auction houses want to touch stuff like this. If you turned up with one now they'd pat you on the head and tell you to leave. Too many unknowns for them and they wouldn't know how to market it either.

If I owned something like this I'd be pretty stumped. I'd probably only sell in person to someone VERY established on here and even then peeling would look like a lot less trouble. I'm more interested in my own well being preserving than Casascius heritage.

Do you know this for sure? I'm not so certain EVERY auction house wouldn't touch it. This is what those businesses do, sell rare and unique items. They take a % cut, so if the value of the bar dropped, either way they're getting their cut. I'm not so sure they can be written off so easily.

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gentlemand
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May 21, 2019, 01:53:59 PM
 #92

Do you know this for sure? I'm not so certain EVERY auction house wouldn't touch it. This is what those businesses do, sell rare and unique items. They take a % cut, so if the value of the bar dropped, either way they're getting their cut. I'm not so sure they can be written off so easily.

I've never seen anything like this for sale in such places. I would've thought something would've popped up somewhere by now. Perhaps it doesn't occur to owners.

Fees could turn out to be a beast too.
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May 21, 2019, 02:23:18 PM
 #93

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.
gentlemand
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May 21, 2019, 02:31:54 PM
 #94

It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

What would be the deal with provenance and liability? I presume that would be their number one reason for turning something like this down. It's not as if they'll have a Casascius desk. The entire valuation hinges on what's behind the sticker so it looks a little too hot to handle for them.
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May 21, 2019, 02:41:50 PM
 #95

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?

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Sat0shisGhost
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May 21, 2019, 06:10:06 PM
 #96


It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?
I'd like to think that nobody is going to drop 7-figures on a Cas coin and not inspect it for track marks...
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May 21, 2019, 06:29:49 PM
 #97

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.
ChiBitCTy
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May 21, 2019, 06:39:46 PM
 #98

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

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wheelz1200
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May 21, 2019, 09:39:40 PM
 #99

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

Chi Which ones do they not applied to?  The ones that were lasered around the edges or were different cas holos that are more subject to this kind of attack?

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ChiBitCTy
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May 21, 2019, 09:43:08 PM
 #100

If I were you I'd be speaking with a high end auction house here... I mean you're talking minimum of $1m valuation. Given the rarity it's probably more in the region of $3-4m and perhaps as high as $10m if done through the right channels.
I.e. the buyer will want legal assurances you have not somehow got the private key from the thing, perhaps independent inspection. 

Chrysties may be a good starting place to reach out to...

https://www.christies.com/locations/salerooms/king-street/



It's already been proven you can take the hologram off of a casaius coin and reattach it with only a pin prick on it being able to tell.

KY Jelly, where has this been proven? And...is it the older holograms he used, the ones I believe they hacked at DefCon?


If you already knew why did you Ask? :p

https://www.coindesk.com/defcon-hackers-crack-physical-bitcoin-casascius-coins

There is the link incase anyone is interested in the read.

I didn't know for sure that's what you were referring too. I also wanted to point out that if that was indeed what you were referring to, that it doesn't apply to all Casascius coins.

Chi Which ones do they not applied to?  The ones that were lasered around the edges or were different cas holos that are more subject to this kind of attack?

Excellent question...I just faintly remember reading something about Mike changing his holos after that DefCon conference where it was "hacked", so it couldn't be done going forward.

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