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Author Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic)  (Read 118994 times)
Blazed
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June 11, 2014, 01:45:33 PM
 #1041

https://bitcointalk.org/index.php?topic=635980.0

https://bitcointalk.org/index.php?topic=637567.0

https://bitcointalk.org/index.php?topic=628845.0


Pretty much shows the current prices.

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June 11, 2014, 01:46:33 PM
 #1042

The market on these has dropped off quite a bit price wise.  Within the last 2 weeks some of these have sold for as low as 2BTC

Cause?

Not sure  Huh

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June 11, 2014, 01:52:07 PM
 #1043

The market on these has dropped off quite a bit price wise.  Within the last 2 weeks some of these have sold for as low as 2BTC

Cause?

Not sure  Huh

Interesting links.

One comment is that Bitcointalk.org probably isn't the most traveled site for an auction like this but it is what it is.

Probably had to do with the overall lull in the price chart.  Just not an ideal time to sell these. 😴wait until we start moving up again.
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June 11, 2014, 01:56:29 PM
 #1044

Well I am scared to sell them on eBay  Tongue

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June 11, 2014, 01:58:47 PM
 #1045

Well I am scared to sell them on eBay  Tongue

I totally agree as I've never done that myself.

That's why I'd  only ever sell these for bitcoin.
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June 11, 2014, 02:01:24 PM
 #1046

I have sold off all my duplicates, but will always keep some Casascius stuff  Cool  I even have a really rare 1 of a kind item signed by Mike hanging on my wall.  Casascius is for sure a cool part of BTC

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June 11, 2014, 02:11:37 PM
 #1047

I have sold off all my duplicates, but will always keep some Casascius stuff  Cool  I even have a really rare 1 of a kind item signed by Mike hanging on my wall.  Casascius is for sure a cool part of BTC

I need to understand something.

Is it your contention that these coins will somehow degrade in quality over time and one needs to have them sealed in a container? Is the value also enhanced by getting a  grading from this ANACS organization even though it seems expensive?
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June 11, 2014, 02:30:48 PM
 #1048

Couple of reasons why grading is good imo
1) It does seal them from oxidation
2) You know how good of quality the coins is...some of the brass coins sold will grade much lower than others
3) If these were ever counter fitted...would be nice to show it was slabbed before it happened (not 100% sure it matters, but wouldn't hurt)

The grading costs are not really that high depending on how fast you want them back.

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June 11, 2014, 02:33:51 PM
 #1049

Also here is the rarest Casascius item I know of (only 1 in existence!!)

-All the articles about Mike getting shutdown showed this in the background
-It was pictured for the release of the 2013 Silver coins
-Signed by Mike and made by his wife (I have a pgp signed doc from Mike on it)









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June 11, 2014, 02:40:08 PM
 #1050

Indeed. I have some aluminium casascius coins and load them with a few mBTC for birthdays. Great gift!  Grin
I gave a friend 100 mBTC in july 2013. He is very happy with is "10$ gift" at the moment Wink

Have you found a good place to buy holograms for the blank cas-coins? (I am not talking about real casascious hologram, but "any" hologram that fits and look pretty).

I didn't use holograms. the private key is visible ... I used round stickers

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
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June 11, 2014, 03:48:47 PM
 #1051

Couple of reasons why grading is good imo
1) It does seal them from oxidation
2) You know how good of quality the coins is...some of the brass coins sold will grade much lower than others
3) If these were ever counter fitted...would be nice to show it was slabbed before it happened (not 100% sure it matters, but wouldn't hurt)

The grading costs are not really that high depending on how fast you want them back.


2) what's the reference point that ANACS works from?
3) i assume slabbing represents a permanent seal.  won't buyers prefer to be able to inspect coins more closely in an unsealed form?
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June 11, 2014, 04:03:24 PM
 #1052

The slab shows 100% of the coin...and if a buyer wants to handle the coin then they would have to break the slab.

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June 11, 2014, 04:04:04 PM
 #1053

http://www.numismedia.com/fmv/grades.shtml

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June 11, 2014, 04:42:38 PM
 #1054

The market on these has dropped off quite a bit price wise.  Within the last 2 weeks some of these have sold for as low as 2BTC

Cause?

Probably due the rise of bitcoin from 450 to 650 in terms of fiat.
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June 11, 2014, 10:56:54 PM
 #1055

Depends on condition, and if it has been graded.  Non graded these days are going for 2.5 - 3BTC.  Recently I auctioned off a graded 2011 error (MS-65) and it fetched 3.4BTC

Why do I recall 10x prices from just a year ago?

I recall BTC 6 about a year ago. Bitcoin was at $180 or so back then. So price in fiat has risen, in fact.

The "numismatic markup" doesn't scale with BTCUSD rate.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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June 11, 2014, 10:58:11 PM
 #1056

The market on these has dropped off quite a bit price wise.  Within the last 2 weeks some of these have sold for as low as 2BTC

Cause?

Not sure  Huh

I think price has only dropped in BTC terms, not USD terms. Correct?

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June 11, 2014, 10:59:42 PM
 #1057

Well I am scared to sell them on eBay  Tongue

I totally agree as I've never done that myself.

I've tried it... once. ebay and paypal suck for sellers. Got an ok price, but the fees and regulations ruined the fun.

That's why I'd  only ever sell these for bitcoin.

good idea Wink

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June 11, 2014, 11:46:31 PM
 #1058

The 2011 error coins have typically sold for between 3 and 5 BTC in auctions/goods here on the forum. On eBay, they've fetched a bit more (if you were to convert back to BTC), but only briefly during each hype/boom period.

In general, the premiums seem to go up a bit during the boom phases (yes, even as the price is rising rapidly) and fall during the bear markets.


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
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June 11, 2014, 11:50:48 PM
 #1059

I have sold off all my duplicates, but will always keep some Casascius stuff  Cool  I even have a really rare 1 of a kind item signed by Mike hanging on my wall.  Casascius is for sure a cool part of BTC

I need to understand something.

Is it your contention that these coins will somehow degrade in quality over time and one needs to have them sealed in a container? Is the value also enhanced by getting a  grading from this ANACS organization even though it seems expensive?


They will indeed degrade, both the brass and silver coins, without being in a container (unless, perhaps, they're in some temp/humidity controlled room). Specifically, if there are finger prints on the brass coins, the metal will tarnish (in the pattern of the finger print) after about 6 months... And if the silvers are exposed to humidity, they also tarnish.


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
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June 12, 2014, 12:42:17 AM
 #1060

I have sold off all my duplicates, but will always keep some Casascius stuff  Cool  I even have a really rare 1 of a kind item signed by Mike hanging on my wall.  Casascius is for sure a cool part of BTC

I need to understand something.

Is it your contention that these coins will somehow degrade in quality over time and one needs to have them sealed in a container? Is the value also enhanced by getting a  grading from this ANACS organization even though it seems expensive?


They will indeed degrade, both the brass and silver coins, without being in a container (unless, perhaps, they're in some temp/humidity controlled room). Specifically, if there are finger prints on the brass coins, the metal will tarnish (in the pattern of the finger print) after about 6 months... And if the silvers are exposed to humidity, they also tarnish.



So are you slabbing all yours? 
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