How do we find Cas coin redeemers before they redeem?

[iBitcoinHongKong8]

I have wanting to get into the entire buying physical bitcoin and cryptocurrency thing for a while now but still havent decided upon if I could resist peeling them if the value of what they hold ever drops to 50-70% of what they were worth when I bought them.
But this thread has got me doubting my first thoughts about it since the op said the more people peel them to redeem the more valuable they will become!

Why would you peel if the value went down?  I had the opposite concern.  Would I be able to resist peeling them when they go up 1,000 times what they were worth when I bought them?  You make a good comment about their value increasing alongside their rarity (at some point).

Even then — I’d probably just peel it, as the sale premium would likely not be worth the hassle.

Agreed.  With current premiums, it doesn't make a TON of sense to sell them online.  The risk/reward is clearly not worth it in most situations.  This means either the market is seriously undervaluing Casascius coins, or more people need to peel them until their rarity justifies a higher market premium. 

Another 3 got peeled yesterday including a 25btc coin. See here....https://casascius.ludvigart.com.
I think more need to be peeled and another bull run and we'll be off to the races. Could be a while but you're absolutely right OG in thinking the more that get peeled the better off the Casascius world will become.

iBHK8

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[gentlemand]

Another 3 got peeled yesterday including a 25btc coin. See here....https://casascius.ludvigart.com.
I think more need to be peeled and another bull run and we'll be off to the races. Could be a while but you're absolutely right OG in thinking the more that get peeled the better off the Casascius world will become.

There is another factor - the arrival of the indistinguishable fake. There's been one rather crappy attempt complete with an unconvincing sticker on the back but a properly convincing one is not that hard to achieve so I'm surprised it hasn't happened yet.

Once it does that's going to be a huuuge problem. Not many coins will have unimpeachable provenance but even those that do may have buyers doubting in that scenario.

[OgNasty]

Another 3 got peeled yesterday including a 25btc coin. See here....https://casascius.ludvigart.com.
I think more need to be peeled and another bull run and we'll be off to the races. Could be a while but you're absolutely right OG in thinking the more that get peeled the better off the Casascius world will become.

There is another factor - the arrival of the indistinguishable fake. There's been one rather crappy attempt complete with an unconvincing sticker on the back but a properly convincing one is not that hard to achieve so I'm surprised it hasn't happened yet.

Once it does that's going to be a huuuge problem. Not many coins will have unimpeachable provenance but even those that do may have buyers doubting in that scenario.

Indeed. Good collections held for a long time by reputable members will be extremely valuable to serious collectors in this scenario.

[Lauda]

There is another factor - the arrival of the indistinguishable fake. There's been one rather crappy attempt complete with an unconvincing sticker on the back but a properly convincing one is not that hard to achieve so I'm surprised it hasn't happened yet.

Once it does that's going to be a huuuge problem. Not many coins will have unimpeachable provenance but even those that do may have buyers doubting in that scenario.

Wrong. Buy from trusted buyers, sell to anyone. There is no such thing as an indistinguishable fake. If people really wanted to, this issue could be prevented before it even starts. However, I highly doubt anyone wants to maintain a database of anonymous ownership for free (I know how someone could make it: untraceable, unlinkable, private; don't waste your breath). In addition to, of course, people not wanting to cooperate/contribute for any reason (even if it is something idiotic such as laziness).

[Lesbian Cow]

Another 3 got peeled yesterday including a 25btc coin. See here....https://casascius.ludvigart.com.
I think more need to be peeled and another bull run and we'll be off to the races. Could be a while but you're absolutely right OG in thinking the more that get peeled the better off the Casascius world will become.

There is another factor - the arrival of the indistinguishable fake. There's been one rather crappy attempt complete with an unconvincing sticker on the back but a properly convincing one is not that hard to achieve so I'm surprised it hasn't happened yet.

Once it does that's going to be a huuuge problem. Not many coins will have unimpeachable provenance but even those that do may have buyers doubting in that scenario.

Fakes are harder than you think.  There are tells from the original dies used to mint Casascius coins that would be difficult to find and reproduce.  I would not detail them publicly but I am confident I could spot a fake as could several other users here based on die chips/marks.

[OgNasty]

Fakes are harder than you think.  There are tells from the original dies used to mint Casascius coins that would be difficult to find and reproduce.  I would not detail them publicly but I am confident I could spot a fake as could several other users here based on die chips/marks.

You might be able to distinguish a bad fake like we've seen on the market, but someone who has never seen a real one would have absolutely no idea.  Casascius originally used an extremely cheap manufacturing method, product material, and the designs are widely available.  He even shared the companies he used with several of us back in the day to where a good social engineer could potentially get their hands on the exact holograms.  It would be easier and cheaper than you think to make an indistinguishable fake.  It's quite possible they are already out there.  Maybe not being sold here on this forum, but in other less critical crypto communities.  

I mean, people have gone through the effort to counterfeit my 1g silver coins and I give those away for free...
https://www.dropbox.com/s/s2crm45mj55pa57/20190916_085913.mp4?dl=0

[anonymousminer]

Premiums aside, there’s a very large risk involved in letting a coin worth tens of thousands of dollars loose in the mail. Moreso for international transactions. Lots of things could go wrong!

Indeed. Shipping disasters are a bigger concern to me than escrows and so on. I can't imagine you'd be able to get enough insurance for almost any coin any more, let alone the big ticket ones.

I presume the willingness to sell will continue to wilt because of factors like that.

That's why you pay to have them hand delivered using someone such as myself!! (plenty of good references)   Happy to help!