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Author Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic)  (Read 130257 times)
icey
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May 14, 2014, 07:42:59 PM
 #1001

I didn't manage to get an answer to my question above. I'm just trying to find out if anyone from outside the US has managed to get these graded? If so did you encounter any problems? I really want to get mine slabbed just worried about sending them half way round the world and getting them sent back in perfect condition.
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djjacket
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May 14, 2014, 08:18:40 PM
 #1002

I didn't manage to get an answer to my question above. I'm just trying to find out if anyone from outside the US has managed to get these graded? If so did you encounter any problems? I really want to get mine slabbed just worried about sending them half way round the world and getting them sent back in perfect condition.

Although I did not submit mine from outside the US, I looked at the order form that they provided me and they quote $45  + $1.25 per $100 of Insurance for return shipping.  Depending on how many coins you send, the insurance could add up if you value your coins on the high end to cover the risk.

I would not expect any problems from ANACS since the regularly deal with very high end coins.  The real risk comes from shipping issues.  The key is paying for the right amount of insurance should the package be damaged or lost.
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May 14, 2014, 08:47:35 PM
 #1003

They will ship it back via the best and safest method possible for sure.  I have sent in a lot of coins without issue (from within the USA).  Just spend the extra money on good shipping and it should be fine.
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May 17, 2014, 09:25:42 AM
 #1004

Thank you both for the info, I might take the risk and send them next week. I'd love to see them slabbed and graded but insurance of $45 per 100$ is sure off-putting!
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May 17, 2014, 02:31:07 PM
 #1005

Thank you both for the info, I might take the risk and send them next week. I'd love to see them slabbed and graded but insurance of $45 per 100$ is sure off-putting!

It is cheaper to drop them off at a coin show if there is one in your area.
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May 18, 2014, 12:45:28 PM
 #1006

I didn't manage to get an answer to my question above. I'm just trying to find out if anyone from outside the US has managed to get these graded? If so did you encounter any problems? I really want to get mine slabbed just worried about sending them half way round the world and getting them sent back in perfect condition.

Hey Icey,

I just got my order of 5 coins back from ANACS after grading. I live in Australia. I sent them using Aus post with 5k of insurance (I sent 5x1btc 2011 series 1 with error). I asked ANACS to send back with 5k of insurance. Received the return parcel without any problem though the package seemed to indicate only $100 insured value - luckily it made it to me without a hitch. I have followed up with ANACs to see whether it was insured for the requested amount or not.

Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
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May 18, 2014, 12:53:49 PM
 #1007

Hey Icey,

I just got my order of 5 coins back from ANACS after grading. I live in Australia. I sent them using Aus post with 5k of insurance (I sent 5x1btc 2011 series 1 with error). I asked ANACS to send back with 5k of insurance. Received the return parcel without any problem though the package seemed to indicate only $100 insured value - luckily it made it to me without a hitch. I have followed up with ANACs to see whether it was insured for the requested amount or not.

How much was the total cost shipping, insurance + ANACS fee ?

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icey
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May 18, 2014, 04:58:22 PM
 #1008

I didn't manage to get an answer to my question above. I'm just trying to find out if anyone from outside the US has managed to get these graded? If so did you encounter any problems? I really want to get mine slabbed just worried about sending them half way round the world and getting them sent back in perfect condition.

Hey Icey,

I just got my order of 5 coins back from ANACS after grading. I live in Australia. I sent them using Aus post with 5k of insurance (I sent 5x1btc 2011 series 1 with error). I asked ANACS to send back with 5k of insurance. Received the return parcel without any problem though the package seemed to indicate only $100 insured value - luckily it made it to me without a hitch. I have followed up with ANACs to see whether it was insured for the requested amount or not.

Thank you for this info, much appreciated. How much did it cost you in total if you don't mind me asking? I'm looking to only grade 4 coins so shouldn't cost a fortune I'm hoping.
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May 18, 2014, 05:09:29 PM
 #1009

Just some pricing info for you:
I recently sent in a single 2011 error to be graded with the priority service... 7 day turn around and declared value of $1500.00 and it cost me $84.00 shipped back to me. (Got MS-65 too!)
The last batch I had sent in March (5 x Silver/Gold) I used the discount service due to 5 coins and it was $190 shipped back... That service took 3-4 weeks though.
icey
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May 18, 2014, 05:29:16 PM
 #1010

Thanks for the info Blazed, much appreciated. Might get these bad boys sent later this week. Fingers crossed for a MS-67 Tongue
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May 19, 2014, 01:02:49 PM
 #1011

Make sure you post some post graded pics for us  Grin
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May 20, 2014, 02:19:58 AM
 #1012

Thank you for this info, much appreciated. How much did it cost you in total if you don't mind me asking? I'm looking to only grade 4 coins so shouldn't cost a fortune I'm hoping.

I only valued the coins at face value or just over, so $500 a pop. This enabled me to have them graded in the discount bracket, so I think it cost ~$19 per coin so $95, plus $107.50 shipping (inc insurance). I also paid the $3 each to have photos taken of each coin, $7 each for the variety verification service, and $19 flat for the conservation service. So $199 in services plus $107.50 in shipping & insurance. You need at least 5 coins to qualify for the discount rate.

I highly recommend the conservation service if your coins have spent any time outside of capsules.

Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
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June 10, 2014, 10:17:45 PM
 #1013

Hmm... Did the website go down?

https://www.casascius.com/

casascius (OP)
Mike Caldwell
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June 10, 2014, 10:38:27 PM
 #1014

Hmm... Did the website go down?

https://www.casascius.com/

Based on the amateur way I am hosting it, it's subject to be down once in a while. It is not taking orders so I have not prioritized uptime.  But I have not taken it down.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
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June 10, 2014, 11:29:49 PM
 #1015

Based on the amateur way I am hosting it, it's subject to be down once in a while. It is not taking orders so I have not prioritized uptime.  But I have not taken it down.

Glad to hear it, had me a bit worried. Cool

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June 10, 2014, 11:40:38 PM
 #1016

Mike do you plan on ever making these again?  Roll Eyes

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June 11, 2014, 12:52:52 AM
 #1017

Mike do you plan on ever making these again?  Roll Eyes

Just so Mike doesn't have to go and find his post...

Reasons I'm likely to not sell more coins:

1. Don't want compliance hassle of being a money transmitter (this was a hobby project meant to promote awareness - moving money was never an objective)
2. Don't want security risk (the more valuable bitcoins get, the more professional the security must be and the more sophisticated attacks I must anticipate)
3. Don't want to make a mistake and become a bitcoin poster child (like Charlie Shrem, I feel like I'd be a high value prosecution target if I were to make some sort of legal mistake, just for my visibility alone)
4. Mission already accomplished (original mission was to help people become aware of bitcoin and to help people start conversations about it)
5. An appropriate mission nowadays would be to encourage people to store their own bitcoin safely on self-produced paper wallets instead of trusting others without recourse.  Continuing to produce other people's private keys is perverse toward that objective.
6. I feel like the more coins I sell, the more I accumulate a presumed liability in the form of people who must trust me not to scam them.  What happens if someone calls my trustworthiness into question, even without cause?  Then people might think I lied and kept the keys, and then someone might want to harm me.  Not what I signed up for.
7. I don't want to be in over my head.  Look at Mark Karpeles, his life is probably now ruined.  He could and should have quit while he was ahead.
8. It's honestly fun to see my past coins skyrocket in value.  That was never anticipated in the beginning, but I will be honest, I enjoy seeing them fetch ever higher prices on the secondary market.

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June 11, 2014, 02:39:18 AM
 #1018

Mike do you plan on ever making these again?  Roll Eyes

Just so Mike doesn't have to go and find his post...

Reasons I'm likely to not sell more coins:

1. Don't want compliance hassle of being a money transmitter (this was a hobby project meant to promote awareness - moving money was never an objective)
2. Don't want security risk (the more valuable bitcoins get, the more professional the security must be and the more sophisticated attacks I must anticipate)
3. Don't want to make a mistake and become a bitcoin poster child (like Charlie Shrem, I feel like I'd be a high value prosecution target if I were to make some sort of legal mistake, just for my visibility alone)
4. Mission already accomplished (original mission was to help people become aware of bitcoin and to help people start conversations about it)
5. An appropriate mission nowadays would be to encourage people to store their own bitcoin safely on self-produced paper wallets instead of trusting others without recourse.  Continuing to produce other people's private keys is perverse toward that objective.
6. I feel like the more coins I sell, the more I accumulate a presumed liability in the form of people who must trust me not to scam them.  What happens if someone calls my trustworthiness into question, even without cause?  Then people might think I lied and kept the keys, and then someone might want to harm me.  Not what I signed up for.
7. I don't want to be in over my head.  Look at Mark Karpeles, his life is probably now ruined.  He could and should have quit while he was ahead.
8. It's honestly fun to see my past coins skyrocket in value.  That was never anticipated in the beginning, but I will be honest, I enjoy seeing them fetch ever higher prices on the secondary market.


Thank you for this.. I was just being hopeful Smiley

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June 11, 2014, 03:09:40 AM
 #1019

Thank you for this info, much appreciated. How much did it cost you in total if you don't mind me asking? I'm looking to only grade 4 coins so shouldn't cost a fortune I'm hoping.

I only valued the coins at face value or just over, so $500 a pop. This enabled me to have them graded in the discount bracket, so I think it cost ~$19 per coin so $95, plus $107.50 shipping (inc insurance). I also paid the $3 each to have photos taken of each coin, $7 each for the variety verification service, and $19 flat for the conservation service. So $199 in services plus $107.50 in shipping & insurance. You need at least 5 coins to qualify for the discount rate.

I highly recommend the conservation service if your coins have spent any time outside of capsules.

Can you fill me in on what you're talking about here?

Haven't visited this thread for over a year.
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June 11, 2014, 03:39:21 AM
 #1020

Bummer, it's a shame to see you stop producing these coins. I remember I was one of the first ones to see this very thread launch, when it was just posted in 2011 and no one had posted in it yet. The idea was still very new back then, and I regretfully didn't buy any thinking it was all a gimmick. Oh how wrong I was...

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