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Author Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic)  (Read 118777 times)
Blazed
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June 12, 2014, 01:13:39 AM
 #1061

I slab every Casascius and Lealana I buy / trade.  The only time I do not slab them is if I can tell they will grade low... sub MS-63

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June 12, 2014, 01:24:31 AM
 #1062

I slab every Casascius and Lealana I buy / trade.  The only time I do not slab them is if I can tell they will grade low... sub MS-63

What do you include on the ANACS submission form? Do you include a copy of the COA for Lealana coins? I am planning to send a few in to be graded.
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June 12, 2014, 01:31:43 AM
 #1063

I slab every Casascius and Lealana I buy / trade.  The only time I do not slab them is if I can tell they will grade low... sub MS-63

What do you include on the ANACS submission form? Do you include a copy of the COA for Lealana coins? I am planning to send a few in to be graded.

Here is a copy of my recent ANACS form:

https://www.dropbox.com/s/eon7cpxs4zedvsh/anacs.pdf


Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
cypherdoc
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June 12, 2014, 03:09:29 AM
 #1064

I slab every Casascius and Lealana I buy / trade.  The only time I do not slab them is if I can tell they will grade low... sub MS-63

What do you include on the ANACS submission form? Do you include a copy of the COA for Lealana coins? I am planning to send a few in to be graded.

Here is a copy of my recent ANACS form:

https://www.dropbox.com/s/eon7cpxs4zedvsh/anacs.pdf



Thanks Charlie, that was helpful.

Man, that would be expensive. Could you really trust them with more than a few of these? 
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June 12, 2014, 03:39:00 AM
 #1065

Yes ANACS grades coins worth over 100k a piece all the time.

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June 12, 2014, 03:39:29 AM
 #1066

I slab every Casascius and Lealana I buy / trade.  The only time I do not slab them is if I can tell they will grade low... sub MS-63

What do you include on the ANACS submission form? Do you include a copy of the COA for Lealana coins? I am planning to send a few in to be graded.

No do not include your CoA with the coins

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June 12, 2014, 09:34:24 AM
 #1067

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.



what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

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
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
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June 12, 2014, 09:58:04 AM
 #1068

If one wanted to avoid the expense and risk of ANACS, could one shrink rap a pile of these and successfully prevent oxidation that way?  Or even a simple zip lock bag?
molecular
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June 12, 2014, 09:59:42 AM
 #1069

If one wanted to avoid the expense and risk of ANACS, could one shrink rap a pile of these and successfully prevent oxidation that way?  Or even a simple zip lock bag?

Or just keep them in the vaccuumed roll of 50 they received them in, for those who have been that smart Wink (not me, unfortunately, but I know of someone who has 2 rolls of 50 in original packaging)

Edit: I keep mine in ziploc-bags. Not sure wether that will prevent oxidation, though. More important is not to touch them (without gloves), I think.

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June 12, 2014, 10:01:48 AM
 #1070

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

Interesting question, I would not be surprised if the code is unreadable when your great grand kids try to redeem the funds next century.
But on the other hand, maybe we will never find out - who want to redeem a year 2013 Casacius in year 2100 just for the experiment, the coin could be worth millions (not talking about bitcoin price, but as an artifact).
(On the other hands "milions" of what? - also possible that dollars will not exist at that time...)

Personally I am a great fan of the silver Casacius, because not only do they carry a bitcoin value but also the value of silver.





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molecular
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June 12, 2014, 10:04:27 AM
 #1071

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

There's a little circular piece of paper (there's a fitting sink in the brass coin for it to make the surface remain even). The private key is inkjetted on that piece of paper, afaik.

I have not the slightest fear it will degrade for the next 50 years, but cannot support this opinion with any facts.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
dnaleor
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June 12, 2014, 10:19:57 AM
 #1072

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

Interesting question, I would not be surprised if the code is unreadable when your great grand kids try to redeem the funds next century.
But on the other hand, maybe we will never find out - who want to redeem a year 2013 Casacius in year 2100 just for the experiment, the coin could be worth millions (not talking about bitcoin price, but as an artifact).
(On the other hands "milions" of what? - also possible that dollars will not exist at that time...)

Personally I am a great fan of the silver Casacius, because not only do they carry a bitcoin value but also the value of silver.


millions of BTC?  Grin Grin Grin

I have a silver one that I would probably never sell or redeem (unless 1 BTC is 100000 USD and they offer me 10 BTC for the coin Tongue )

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
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
molecular
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June 12, 2014, 10:23:46 AM
 #1073

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

Interesting question, I would not be surprised if the code is unreadable when your great grand kids try to redeem the funds next century.
But on the other hand, maybe we will never find out - who want to redeem a year 2013 Casacius in year 2100 just for the experiment, the coin could be worth millions (not talking about bitcoin price, but as an artifact).
(On the other hands "milions" of what? - also possible that dollars will not exist at that time...)

Personally I am a great fan of the silver Casacius, because not only do they carry a bitcoin value but also the value of silver.


millions of BTC?  Grin Grin Grin

I have a silver one that I would probably never sell or redeem (unless 1 BTC is 100000 USD and they offer me 10 BTC for the coin Tongue )


I have a silver one that will always be worth 10BTC+, because 10 is it's denomination Wink. It would hurt to have to redeem it, though, and I doubt it will be necessary.

At the time I acquired it, the silver and BTC values were roughly equal, btw.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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June 12, 2014, 10:26:45 AM
 #1074

Looks like I'll have to run these by my local coin dealer to see if he has any suggestions.
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June 12, 2014, 10:35:13 AM
 #1075

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

Interesting question, I would not be surprised if the code is unreadable when your great grand kids try to redeem the funds next century.
But on the other hand, maybe we will never find out - who want to redeem a year 2013 Casacius in year 2100 just for the experiment, the coin could be worth millions (not talking about bitcoin price, but as an artifact).
(On the other hands "milions" of what? - also possible that dollars will not exist at that time...)

Personally I am a great fan of the silver Casacius, because not only do they carry a bitcoin value but also the value of silver.


millions of BTC?  Grin Grin Grin

I have a silver one that I would probably never sell or redeem (unless 1 BTC is 100000 USD and they offer me 10 BTC for the coin Tongue )


I have a silver one that will always be worth 10BTC+, because 10 is it's denomination Wink. It would hurt to have to redeem it, though, and I doubt it will be necessary.

At the time I acquired it, the silver and BTC values were roughly equal, btw.


When I first started investigating BTC (when BTC was around 12 USD, december 2012) I landed on the casascius website. I was a silver bug so no surprises there... I saw the 1oz 10 BTC coin and calculated that it had 50 USD premium (or something like that). Decided not buy one LOL. I didn't own BTC (only faucet dust) so this possible purchase could have me incentivised me to buy some actual BTC, but it didn't happen.
Then my exams came, and when I checked the price of 1 BTC again after the exams, it was >35 USD  Undecided

Still very happy I managed to buy some BTC below 100 USD. And I am happy I have a silver casascius 1 BTC now Smiley But I will never forget my strupid decision to NOT buy the 10 BTC coin...

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
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
molecular
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June 12, 2014, 10:39:11 AM
 #1076

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

Interesting question, I would not be surprised if the code is unreadable when your great grand kids try to redeem the funds next century.
But on the other hand, maybe we will never find out - who want to redeem a year 2013 Casacius in year 2100 just for the experiment, the coin could be worth millions (not talking about bitcoin price, but as an artifact).
(On the other hands "milions" of what? - also possible that dollars will not exist at that time...)

Personally I am a great fan of the silver Casacius, because not only do they carry a bitcoin value but also the value of silver.


millions of BTC?  Grin Grin Grin

I have a silver one that I would probably never sell or redeem (unless 1 BTC is 100000 USD and they offer me 10 BTC for the coin Tongue )


I have a silver one that will always be worth 10BTC+, because 10 is it's denomination Wink. It would hurt to have to redeem it, though, and I doubt it will be necessary.

At the time I acquired it, the silver and BTC values were roughly equal, btw.


When I first started investigating BTC (when BTC was around 12 USD, december 2012) I landed on the casascius website. I was a silver bug so no surprises there... I saw the 1oz 10 BTC coin and calculated that it had 50 USD premium (or something like that). Decided not buy buy one LOL. I didn't own BTC (only faucet dust) so this possible purchase could have me incentivised me to buy some actual BTC, but it didn't happen.
Then my exams came, and when I checked the price of 1 BTC again after the exams, it was >35 USD  Undecided

Still very happy I managed to buy some BTC below 100 USD. And I am happy I have a silver casascius 1 BTC now Smiley But I will never forget my strupid decision to NOT buy the 10 BTC coin...

Well, I think most people have these stories of not getting into Bitcoin on first sight... I actually mined for 2 days in Mai 2010 with my laptop. It just got hot and not even BTC 0.01 would show up in my wallet... so I figured Bitcoin was crap and let it be. Damn.

On the other hand: had I gotten into it back then, I might've sold everying on the crazy bubble to $0.4 ;-).

Probably it was all good the way it went.

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June 12, 2014, 11:25:52 AM
 #1077

what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

Interesting question, I would not be surprised if the code is unreadable when your great grand kids try to redeem the funds next century.
But on the other hand, maybe we will never find out - who want to redeem a year 2013 Casacius in year 2100 just for the experiment, the coin could be worth millions (not talking about bitcoin price, but as an artifact).
(On the other hands "milions" of what? - also possible that dollars will not exist at that time...)

Personally I am a great fan of the silver Casacius, because not only do they carry a bitcoin value but also the value of silver.


millions of BTC?  Grin Grin Grin

I have a silver one that I would probably never sell or redeem (unless 1 BTC is 100000 USD and they offer me 10 BTC for the coin Tongue )


I have a silver one that will always be worth 10BTC+, because 10 is it's denomination Wink. It would hurt to have to redeem it, though, and I doubt it will be necessary.

At the time I acquired it, the silver and BTC values were roughly equal, btw.


When I first started investigating BTC (when BTC was around 12 USD, december 2012) I landed on the casascius website. I was a silver bug so no surprises there... I saw the 1oz 10 BTC coin and calculated that it had 50 USD premium (or something like that). Decided not buy one LOL. I didn't own BTC (only faucet dust) so this possible purchase could have me incentivised me to buy some actual BTC, but it didn't happen.
Then my exams came, and when I checked the price of 1 BTC again after the exams, it was >35 USD  Undecided

Still very happy I managed to buy some BTC below 100 USD. And I am happy I have a silver casascius 1 BTC now Smiley But I will never forget my strupid decision to NOT buy the 10 BTC coin...

Should've been subbed to my newsletter,  Wink

Seems like yesterday. My last major buy was just over10  as i wasn't fast enough to grab the final dip to single  digits just under10.
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June 12, 2014, 12:42:08 PM
 #1078

If one wanted to avoid the expense and risk of ANACS, could one shrink rap a pile of these and successfully prevent oxidation that way?  Or even a simple zip lock bag?

I would imagine you could most definitely seal them with a food saver and they'd be good to go.
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June 12, 2014, 12:49:35 PM
 #1079

If one wanted to avoid the expense and risk of ANACS, could one shrink rap a pile of these and successfully prevent oxidation that way?  Or even a simple zip lock bag?

I would imagine you could most definitely seal them with a food saver and they'd be good to go.

I'm pretty sure this is what I'll end up doing as the ANACS process seems expensive to me and quite frankly I wouldn't trust them. I realize there doesn't seem to be a fool  proof way to get at the private key but you never know. In this way I see it as a  different risk to sending in a gold  coin for instance.
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June 12, 2014, 01:00:33 PM
 #1080

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.



what I'm interested in... Does the private key also degrade?
I never opened a casascius coin, and all the coins I own are from 2013, so I'm not panicking. BUt I can imagine the private key could become unreadable. Does anybody know how it is actually stored?

It holds up pretty well. I opened a few of them about two years ago and they were perfectly legible. Since it's an airtight seal, I don't see how it would be a problem. Maybe it would need to be opened in a controlled environment if we are talking hundreds or thousands of years from now.  Wink
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