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Author Topic: Price check on a Graded (M65) 2011 Casascius coin (picture inside)  (Read 420 times)
kodiak1120
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March 01, 2019, 02:56:37 AM
 #1

I need some cash and I was thinking about selling one of my Casascius coins...  Just wondering with the current BTC market is.  I've been MIA on here for a while.  Here's a picture:


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owlcatz
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March 01, 2019, 03:00:40 AM
 #2

Nice coin! it's an S2 as well.

https://casascius.uberbills.com/?address=1LLdNJWSZn9ca1WQrbEUtQDEjrLxdNPhPK

Edit... Auction? Tongue
minerjones
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March 01, 2019, 04:53:15 AM
 #3



This is the rarest of the the brass Casascius... definitely commands a premium.

and yes.... auction!! Cheesy

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kodiak1120
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March 01, 2019, 04:26:59 PM
 #4

Thanks for the responses...  Any idea what it would get at auction? I'm having trouble finding any recent examples to go from and with the wild price fluctuations, I don't want to look too far back because I don't think those would be indicative if the price is delineated in BTC.
ezeminer
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March 01, 2019, 10:01:02 PM
 #5

I would believe the auction would be anywhere between 1.25-1.55

anonymousminer
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March 01, 2019, 10:05:24 PM
 #6

Can we get a picture of the other side of the coin please?

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Lesbian Cow
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March 01, 2019, 10:42:18 PM
 #7

I would believe the auction would be anywhere between 1.25-1.55

For certain in this range.  Nice coin, auction please.

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wheelz1200
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March 01, 2019, 11:12:07 PM
 #8

I would believe the auction would be anywhere between 1.25-1.55

I agree with this range.  1.25 might be a little low since the s2's dont come up that often, I would narrow it to 1.4 to 1.55 probably.  But again not many sales lately, depends if people are hoarding digital or not.  Either way....auction start at face  Cheesy
iron77
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March 01, 2019, 11:35:50 PM
 #9

Market would verify obv, but I'd ask ~1.88 BTC for this coin. Could agree few bitcents down with firm buyer.
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March 01, 2019, 11:40:44 PM
Merited by anonymousminer (1)
 #10

Market would verify obv, but I'd ask ~1.88 BTC for this coin. Could agree few bitcents down with firm buyer.

You are off your fucking door.

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anonymousminer
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March 01, 2019, 11:41:11 PM
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Market would verify obv, but I'd ask ~1.88 BTC for this coin. Could agree few bitcents down with firm buyer.
You can buy a silver for close to that....  I respectfully disagree.

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bavicrypto
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March 01, 2019, 11:43:15 PM
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Market would verify obv, but I'd ask ~1.88 BTC for this coin. Could agree few bitcents down with firm buyer.
You can buy a silver for close to that....  I respectfully disagree.

I highly disagree as well. I think you’d get a good deal already at 1.4btc

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wheelz1200
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March 02, 2019, 12:16:49 AM
 #13

Market would verify obv, but I'd ask ~1.88 BTC for this coin. Could agree few bitcents down with firm buyer.
You can buy a silver for close to that....  I respectfully disagree.

I highly disagree as well. I think you’d get a good deal already at 1.4btc

That's the money spot for rarer brass singles right now with silvers going for 1.8-2.  The wildcard would be getting a bidding war between people collecting this since they dont come up all that often, but its definately a buyer's market right now
iron77
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March 02, 2019, 12:35:29 PM
 #14

Appreciate your comments guys. Still I can't wrap my head around how 1.4 for this is a good deal. Sounds to me like something maybe-OK if I were about to sell quickly. Is there really that many sellers (generally all Casascius seem to come up on forum only once in a while) or just lack of buyers?
Bitcoinwaist
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March 02, 2019, 12:43:19 PM
 #15

same type of coin sold on ebay about a month ago. he was desperate to sell and kept lowering his price. he probably took $5500 for it.

$5500/$3800= 1.44BTC  Grin

https://www.ebay.com/itm/2011-Casascius-Physical-Brass-BIT-COIN-2011-Version-2-FULLY-FUNDED-1CAaNfYs/323639368937?hash=item4b5a68dce9:g:JLwAAOSwHOZcJGtP

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March 02, 2019, 12:49:12 PM
 #16

same type of coin sold on ebay about a month ago. he was desperate to sell and kept lowering his price. he probably took $5500 for it.

$5500/$3800= 1.44BTC  Grin

https://www.ebay.com/itm/2011-Casascius-Physical-Brass-BIT-COIN-2011-Version-2-FULLY-FUNDED-1CAaNfYs/323639368937?hash=item4b5a68dce9:g:JLwAAOSwHOZcJGtP



Less ebay and paypal's combined 13%, so 1.25 btc to the seller.

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iron77
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March 02, 2019, 01:00:19 PM
 #17

same type of coin sold on ebay about a month ago. he was desperate to sell and kept lowering his price. he probably took $5500 for it.

$5500/$3800= 1.44BTC  Grin

https://www.ebay.com/itm/2011-Casascius-Physical-Brass-BIT-COIN-2011-Version-2-FULLY-FUNDED-1CAaNfYs/323639368937?hash=item4b5a68dce9:g:JLwAAOSwHOZcJGtP


Maybe not a dealbreaker, but that was MS62. Front of that coin seem to look bit rough, while OP's MS 65 sounds like standard/OK grade for a 2011 S2 brass.
anonymousminer
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March 02, 2019, 02:35:05 PM
 #18

Appreciate your comments guys. Still I can't wrap my head around how 1.4 for this is a good deal. Sounds to me like something maybe-OK if I were about to sell quickly. Is there really that many sellers (generally all Casascius seem to come up on forum only once in a while) or just lack of buyers?
It truly is not that difficult to spend a little time doing some research on this forum to see what they had been selling for.  The last two Cas 2011 “errors” went for 1.25BTC and 1.2BTC in this buyers market.  I understand it’s not an S2, so ~1.4BTC seems to be the money.  It’s unfortunate you can’t “wrap your head around it.”  If the research doesn’t help you, maybe you should put yours up for 1.88BTC and see for yourself? 

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wheelz1200
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March 02, 2019, 02:48:35 PM
 #19

Appreciate your comments guys. Still I can't wrap my head around how 1.4 for this is a good deal. Sounds to me like something maybe-OK if I were about to sell quickly. Is there really that many sellers (generally all Casascius seem to come up on forum only once in a while) or just lack of buyers?

It's easy really, btc premiums for cas coins lowered as btc usd value went up.  I am someone who expects that to change but that's the reality right now. 
iron77
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March 02, 2019, 04:23:59 PM
 #20

Well I guess I'll accept the reality.

Looking at the archival topics, I suppose BTC-denominated prices went down with rising bitcoin, but does it look like they stayed there since and haven't really went up with BTC price going down?
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