The way it would work is pretty simple:
1) I send the agreed amount of BTC to the escrow to hold
2) You verify with escrow that they have funds
3) You ship me the item (obviously with tracking and signature confirm)
4) After the item shows up I tell escrow to release the funds.
Keeps everyone protected..and would help build some rep for you.
sounds good. anything high-value im selling here on forums can certainly use escrow.
I have not yet decided if I will sell all 3 bars (i may decide to keep 2 for myself/ future yeas), and if i will sell here or eBay. (1 recently went for $1900 there).
all 3 will be unopened in original plastic wrappers, and I will have a Casascius envelope that was once used to ship 5 such bars.
I also have a Casascius 2011 error and some 2013's; im looking to get them ANACS graded because that should increase value.
Im quite possibly looking to sell the 2011 also at some point in bearish future
sorry if i kinda hijacked your thread:P
You can't get the bars graded. I asked ANACS awhile back, and they said they were not conformant to their definition/shape of a coin.
Only 18 exist in total! (If memory serves there were 45 or 57 of them but most have been claimed.) I'm curious what your asking price is. If it's low enough, I might be interested in it for myself. Might as well try to form a monopoly :-P
At some point, the Casascius coins will either have a well-established market with predictable premiums, or they will move to zero-premium over spot.
Provided a market emerges, collectors will do what collectors do - make sets.
When they go to do that, it is the
key dates that will dictate exactly how many people get to make complete sets.
Only 1 person in all the world will be able to make a complete set with Active pieces. (Only 2 of the 500 BTC bars exist, and only 1 remains active.)
Only 1 additional person can make a complete set, using the redeemed 500 BTC bar. (This leaves room for 1000 BTC bars and coins.)
Next on the rarity totem pole are the 100 BTC S1 "Casacius", of which only 18 remain.
I sold 1 of the 100 BTC S1 bars months back for 340 BTC.
I've got another for sale, but haven't really been willing to drop the BTC asking price.
Because people valuate these things the way they do - in terms of a USD premium and not a BTC premium, the collectibles serve as a short against bitcoin. You sell them when BTC spot prices tank, and buy them when spot prices rise - if you want to gain your BTC balance.
So, right now seems an excellent time to be selling!
I wish you the best of luck in finding a buyer.
