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Author Topic: [Auction | NO MINIMUM BID] The Times 03 Jan 2009 | 10% to FreeRoss.org  (Read 3016 times)
JDBound (OP)
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April 21, 2019, 02:59:46 PM
Last edit: May 19, 2019, 01:09:07 AM by JDBound
Merited by krogothmanhattan (1), Melnik (1)
 #1

BTC The Times 03 Jan 2009 BTC

Greetings Bitcointalkers and collectibles aficionados,

Today, I have the bitter sweet honor of offering you the highly sought after Genesis Block Newspaper, one (1) complete, authentic, original copy of The London Times from 03 Jan 2009 emblazoned w/ the infamous headline "Chancellor on brink of second bailout for banks".

Full paper w/ inserts is stored in archival grade polyester protective covering and comes with archival grade box for truly cold storage (but keep it @ room temp.) of this prized relic. Proof of purchase from UK Historic-Newspapers is provided and pictured below, I believe I obtained one of their last copies in mid-2013.

Content courtesy of Bittburger from https://www.thetimes03jan2009.com/:

Quote from: Bittburger
On January 3, 2009 the first event on the Bitcoin block chain occurred.  Its founder placed an important notation indicating the intent behind what he had just created.  The London Times ran a cover story entitled “Chancellor on Brink of Second Bailout for Banks”. This title was quoted and embedded into the very first transaction ever to be included in the new Bitcoin block chain, by Satoshi Nakamoto.  The block containing this transaction was called The Genesis Block.

View the Genesis Block Coinbase tx https://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b?show_adv=true

When Satoshi wrote his comment on the Genesis Block, he picked the title for a reason.  It implies the disruptive and revolutionary freedoms associated with financial block chain technologies.

See Wiki on Genesis Block with Newspaper Referenced https://en.bitcoin.it/wiki/Genesis_block

Never forget the true meaning of Bitcoin:
Ending the control of Banks and Governments over your Money

CONDITION & PHOTOS:

Two further remarks on the condition of the paper. There is a small diagonal tear less than 1/4 in. in length on the top of the right side of the back page, this is the back of the paper if the front page is folded. There are approximately ten (10) small pin-sized holes down the leftmost side of the back page, I believe these are a result of the way the papers are printed/distributed, see photos. Photos taken earlier today, see last 10 characters of the block hash for block #572620.











Small tear closeup




BONUS:

Sometime during the final week of the auction I will give details about the bonus item which will be included for the winning bidder of this auction. It will not substantially add to the value of the item up for auction, but bidders will agree that it makes for a welcome addition to this item. Photos forthcoming.

DONATION:

After obtaining the blessing of Mrs. Lyn Ulbricht, I am pleased to share that 10% of the proceeds of this auction will be donated to FreeRoss.org. Following the successful conclusion of the auction this donation will be made in order to further FreeRoss.org's efforts towards obtaining clemency and/or a presidential pardon for Ross Ulbricht who is currently serving two life sentences in the United States Penitentiary, Tucson, AZ. Ross's trial and subsequent sentencing were obscene miscarriages of justice and I am pleased to be able to help his cause in this small way.

Sign Ross's clemency petition: https://www.change.org/p/freerosspetition-we-seek-potus-s-clemency-for-ross-ulbricht-serving-double-life-without-parole-for-a-website-realdonaldtrump-free-ross

Visit FreeRoss.org to learn more.

TERMS:

Minimum Bid: 40.00 BTC 20.00 BTC 0.00 BTC
Bid Increment: 0.25 BTC

Auction Open: Sunday, April 21 @ 2300 EDT Monday, May 6 @ 2300 EDT
Auction Close: Sunday, May 5 @ 2300 EDT Monday, May 20 @ 2300 EDT https://www.timeanddate.com/countdown/generic?iso=20190520T23&p0=179&msg=Satoshi+Times+auction&font=cursive
No Sniping: Each bid in the final 60 minutes adds 60 minutes to the Auction Close time until no bid has been made for 60 minutes.

Valid bids will be accepted as replies to this post for the duration of the auction. Clearly indicate your bid in your reply.

I reserve the right to reject bids from any user for any reason. If you are a newbie or have zero/negative trust, please PM me PRIOR to placing a bid.

I encourage questions in this thread but also feel free to PM with any private questions or concerns. Other private channels can also be arranged.

Payment/Escrow/Shipping

Payment must be received by an agreed escrow within 48 hours of the conclusion of the auction. The escrow shall be a mutually agreeable, trustworthy member of these forums or a highly rated and trustworthy arbitrator from bitrated.com.

This item ships free anywhere in the world. I will ensure that the utmost care is taken in the handling and packaging of this delicate artifact to guarantee that the winning bidder expediently receives the entire genuine 03 Jan 2009 London Times in the expected condition as described above. Item ships from the Southern US, and if the winning bidder does not express a preference of carrier, item will ship via UPS/UPS International and will be insured to the fullest extent possible through the same.

Auction will commence approximately 12 hours from the time of this post and is scheduled to end two weeks from then. Happy Easter and good luck Smiley

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JDBound (OP)
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April 21, 2019, 03:00:06 PM
Last edit: May 13, 2019, 12:00:03 AM by JDBound
 #2

FAQ

Q: Price is very high, how can you justify the high minimum bid?

A: These are obviously rare papers and very few sales have taken place. https://www.thetimes03jan2009.com/ notes 8 "verified copies" of the paper ranging in asking price from $250k-$1.3M. BTC has been somewhat volatile since the auction began but at a ~$5200/BTC the minimum bid for this auction is priced 15-20% below the lowest priced paper on https://www.thetimes03jan2009.com/ and I am a highly accessible and public owner happy to answer questions to facilitate this deal; and I am donating 10% of the final sale price to a deserving charity.

If you are commenting to complain about the price please take precautions to avoid having your post look like a bid.

Q: Is this your only copy?

A: Yes.

Q: Are you willing to meet the buyer in person to consummate this deal?

A: Yes, I am willing to travel (reasonable distance w/in the ConUS) to meet the buyer at an agreed upon location to complete this deal via in-person delivery if the winning bidder so chooses.

Q: Will you entertain a trade that is not the minimum bid or higher?

A: No.

Q: What is the fastest way to check the status of this auction?

A: http://thetimes03jan2009.auction and click on the last page  Wink

Q: Where can I guess the final sale price without actually bidding?

A: You can hash your final sale price predictions by May 15 @ 20:00 PST on Sat0shisGhost's thread: https://bitcointalk.org/index.php?topic=5140169.0
vizique
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April 21, 2019, 03:02:44 PM
Merited by yogg (2), Corrosive (1)
 #3

$210,800 ? just for the MB?

Are you smoking crack?

Viz
frankbitcoin
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April 21, 2019, 03:05:58 PM
 #4

frankbitcoin
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April 21, 2019, 03:06:41 PM
Last edit: April 21, 2019, 04:52:07 PM by frankbitcoin
 #5

I was excited to see this but that starting price is a bit inflated.

Since it's reserved, though, looks like it has already sold anyway.
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April 21, 2019, 03:37:17 PM
Last edit: April 21, 2019, 04:08:25 PM by anonymousminer
 #6

40BTC.........  Roll Eyes

Edit:
Most certainly not a bid!  This is a wack-a-doodle price.
teeGUMES
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April 21, 2019, 03:45:14 PM
 #7

Very nice item. Might not see bids but definitely a very rare sought after newspaper. Once we get into the high end "in person" auctions once bitcoin and physical coins become more mainstream this will do really well.

40BTC.........  Roll Eyes
Careful :p that looks almost like a bid.
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April 21, 2019, 03:47:31 PM
Last edit: April 21, 2019, 05:58:37 PM by buckrogers
 #8

haha
40BTC

you probably are smoking crack Smiley

***edited to show only 2x haha*** Smiley

Well I'm dr. spock I'm here to rock y'all
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April 21, 2019, 04:23:53 PM
 #9

great item, got me exited at first lol


jackbauercsgo
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April 21, 2019, 04:27:38 PM
 #10

I've seen open offers of $25 to $50k and speculations of $100k.  To *start* an auction this high seems ridiculous, imho.
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April 21, 2019, 04:37:00 PM
 #11

Be careful when saying the starting bid in an auction.. It may not always be obvious if it's a bid or not.

40 BTC seems like a too high starting bid, as you can see you received an offer of 4 Casascius coins for it, so "bid/ask spread" is quite large.

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April 21, 2019, 05:29:55 PM
Merited by Steamtyme (1), anonymousminer (1)
 #12

I encourage everybody laughing at the price to provide some proof of previous sales/availability of The Times 03 Jan 2009.
There is no reason to ridicule somebody offering an extremely rare piece like this. Let's educate and he may realize that his expectations are too high.. he has one, many of us don't.. a large premium is expected but let's try and not scare people away.
krogothmanhattan
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April 21, 2019, 05:55:41 PM
 #13

Nice to see a piece of Bitcoin history offered.

A bit too high for me to reach..so will observe on the sidelines.

Goodluck on your sale. Wink

Btw..if you do get to sell at your price...delivery in person is the way to go. For something this expensive and rare...I would never trust anyone else to deliver it safely

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April 21, 2019, 08:02:04 PM
 #14

Even though they seem to be very rare, and considered to be one of the first collectible of the cryptocurrency world 40BTC is too expensive to start with in an auction. Though I have never seen a Times Genesis block paper coming up for sell/auction, it would be quite interesting to see how this sale/auction progresses over time. Probably a whale like OTOH or Canary or GP can complete this deal for you at a worthy price.

As krog said, if someone buys this at such a price both you and the buyer should meet in person and finalize the deal. Will you trust a Premium delivery service with such an expensive item?
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April 21, 2019, 08:55:06 PM
Last edit: April 21, 2019, 09:57:31 PM by gentlemand
 #15

40 BTC is barking mad but they ain't making any more and it's the type of thing an early adopter with coins pouring out of their botty would love to have. All the same I'd have to whack myself around the head with an anvil if I bought it just before a bull run. Glad I'm not really the collecting type.

Good luck with the auction. This is definitely going to be very informative and something that'll be referred to often in the years to come.
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April 21, 2019, 09:54:00 PM
 #16









XhomerX10 designed my nice avatar HATs!!!!!  Thanks Bro
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April 21, 2019, 09:58:35 PM
 #17

Is there another one that has sold publicly, like... ever?
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April 21, 2019, 10:09:23 PM
Merited by teeGUMES (1)
 #18

Is there another one that has sold publicly, like... ever?

There's a couple there which sort of ground to a halt. They're quite old threads and obviously as time goes on these items become ever more mythical.

https://bitcointalk.org/index.php?topic=833184.0

https://bitcointalk.org/index.php?topic=397557.0

Your only way of obtaining one would've been through the old newspaper sites. Certainly no one gave a shit on the day. It's not as if anyone would've realised their significance until at least a couple of years afterwards. I wonder what type of stock they had per newspaper. It can't be high.


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April 21, 2019, 10:21:55 PM
 #19

Is there another one that has sold publicly, like... ever?

Ask Worth Point perhaps.

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April 21, 2019, 10:33:37 PM
 #20

reserved
I was excited to see this but that starting price is a bit inflated.

Since it's reserved, though, looks like it has already sold anyway.

It is common to reserve the second post in these cases. I believe the second post will be edited to showcase the bonus item and have it at the top. Try not to spread fake statements.
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