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Author Topic: [Auction] ~<1 hr~ 1,000 BTC Cas | Sealed 2018 Moonbit Box | 0.1 BTCC Tenth  (Read 1680 times)
LitLitBit
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September 18, 2020, 06:14:00 AM
 #21

This item is much more a collectible than a physical Bitcoin. So no reason to know or even care what the address or passphrase is. It's not like someone is going to fund it or redeem the coins.

I agree with you sole heartedly. This 1,000 BTC CAS coin is one of the most sought after crypto coins ever. There are about 15 coins of 3 different kinds of this denomination including prototype I think but I may be wrong. I am so excited to see this coin on the auction and this is my first time seeing this coin on the auction.  This coin and the very first day issue of CAS coins are my most favorite of all. Even I cannot participate this action because it is outside of my range but I definitely enjoy watching the auction. Thanks, Rainbowsky.

The mintage is slightly higher. If I'm not mistaken Coblee bought 20 unfunded 1,000 BTC Casascius coins directly from Mike Caldwell. 5 loaded coins have been sold, of which 3 are still active, and there was 1 prototype coin.

Fun fact: These coins cost $5,000 (gold spot + $200 + 1000 BTC) during its launch.

I was curious what the original cost at launch was. Thanks for sharing. Why was gold spot included? I’m assuming you mean 1oz spot price.
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September 18, 2020, 06:19:29 AM
 #22

This item is much more a collectible than a physical Bitcoin. So no reason to know or even care what the address or passphrase is. It's not like someone is going to fund it or redeem the coins.

I agree with you sole heartedly. This 1,000 BTC CAS coin is one of the most sought after crypto coins ever. There are about 15 coins of 3 different kinds of this denomination including prototype I think but I may be wrong. I am so excited to see this coin on the auction and this is my first time seeing this coin on the auction.  This coin and the very first day issue of CAS coins are my most favorite of all. Even I cannot participate this action because it is outside of my range but I definitely enjoy watching the auction. Thanks, Rainbowsky.

The mintage is slightly higher. If I'm not mistaken Coblee bought 20 unfunded 1,000 BTC Casascius coins directly from Mike Caldwell. 5 loaded coins have been sold, of which 3 are still active, and there was 1 prototype coin.

Fun fact: These coins cost $5,000 (gold spot + $200 + 1000 BTC) during its launch.

I was curious what the original cost at launch was. Thanks for sharing. Why was gold spot included? I’m assuming you mean 1oz spot price.

Yeah, I meant 1 oz spot price. I've edited my post to clarify Grin.

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September 18, 2020, 08:11:32 AM
 #23


If I'm not mistaken Coblee bought 20 unfunded 1,000 BTC Casascius coins directly from Mike Caldwell. 5 loaded coins have been sold, of which 3 are still active, and there was 1 prototype coin.


Thanks for the info, now I understand.
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September 18, 2020, 02:31:41 PM
 #24

Thanks for all the support and information sharing guys.  Glad you've enjoyed seeing a rare part of history.  @coblee thanks for sharing your info as well.  No matter how things swing, I will be happy - even if I keep this bad boy! 

For clarity, here are the top bids atm:

lot 1: <none>    (goldlyre edit/deleted his bid)

lot 2: 0.04BTC sunnybwoy

lot 3: 0.115BTC Cygan
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September 18, 2020, 06:28:49 PM
 #25

...watching...

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     DASH, Digital Cash = www.dash.org     VIA, The future of crypto-currency = www.via.org 
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September 19, 2020, 11:20:24 AM
 #26

If ever it's a good boy, the ones with real transactional history, (redeemed is no problem) I would rather gladly take it with much more BTC.  Grin
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September 19, 2020, 03:42:16 PM
 #27

Little housekeeping as there’s 7 days remaining:

@goldlyre please create your own WTB thread and not spam on mine, especially after reneging on a bid without even discussing with me first.

And to everyone PMing me, I am never going to sell below my min bid listed here. Let’s be clear - I don’t *have* to sell, so if it doesn’t then it’s no big deal. I’ll likely keep forever as a family heirloom. I’m content no matter what happens.

To those of you bidding and playing “fair”, I thank you. Good luck to all participants.
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September 20, 2020, 03:21:33 AM
 #28

Lot 2 0.045

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September 21, 2020, 05:32:26 AM
 #29

Around 5 days remaining.

lot 1: <none>   

lot 2: 0.045BTC amotor

lot 3: 0.115BTC Cygan
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September 22, 2020, 08:40:37 PM
 #30

Lot 2 @ .05


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September 22, 2020, 09:09:44 PM
 #31

Would it be possible to get better pictures of the front and back of the 1000BTC Cas?

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September 22, 2020, 10:10:10 PM
 #32

In about 4 days + 50 mins (from time of this post) the auction will conclude.  Couple of updates


1) Update on Bids

lot 1: <none>  

lot 2: 0.05BTC Agrawas

lot 3: 0.115BTC Cygan


2) I've had several messages asking about better pictures of the coin, so I'll link 4 images below.  It was surprisingly difficult to get the lighting just right to highlight the patina pattern, but I think I've successfully done it.  Please let me know if you have any other questions/concerns.

 
 
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September 23, 2020, 03:08:20 AM
 #33

Lot 1: 2 BTC
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September 23, 2020, 08:22:31 PM
 #34

Did the coin have a patina pattern on it when you received it?  I ask because mine doesn't.  I am wondering if we're seeing the effects of the coin being removed from it's airtite and graded by ICG (or perhaps handled by you?).  Could be a good precautionary tale about the dangers of removing coins from their capsules or having your coins graded.


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September 23, 2020, 08:28:29 PM
 #35

Around 3 days remaining.

Update to bids:

lot 1: 2.0BTC Craghavsood

lot 2: 0.05BTC Agrawas

lot 3: 0.115BTC Cygan

----

@OgNasty - The pattern was there when I purchased form @Coblee a year+ ago.  He already had them slabbed and I bought as you see it.  I've never handled or re-slabbed/etc. The pattern does not appear to have changed at all during the time I've had it.  Question for you- Does yours have the error holo + the 2 factor like this one does?  Haven't seen that very often, and your pictures didn't show the back side.
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September 23, 2020, 08:52:48 PM
 #36

@OgNasty - The pattern was there when I purchased form @Coblee a year+ ago.  He already had them slabbed and I bought as you see it.  I've never handled or re-slabbed/etc. The pattern does not appear to have changed at all during the time I've had it.  Question for you- Does yours have the error holo + the 2 factor like this one does?  Haven't seen that very often, and your pictures didn't show the back side.

Ahh, I must have bought mine before he had them slabbed.   I'm guessing either coblee handled them with his bare hands at some point or the grading company did.  Would be cool if coblee could shed light on that mystery as if this happened during grading it would certainly effect user opinions on graded coins.  Mine is in a regular airtite capsule.  It has the 2 factor like yours but I'm not sure about an error holo.  What is the error on this hologram? 


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September 23, 2020, 08:58:50 PM
Last edit: September 23, 2020, 09:28:40 PM by jackbauercsgo
 #37

"What is the error on this hologram?"

The series 1 holo error - with the typo showing "Casacius" instead of "Casascius".  

(edit for clarity)
minerjones
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September 23, 2020, 09:28:49 PM
 #38

"What is the error on this hologram?"

Unless I'm mistaken, the multiple lines stacked in the hologram to the right and left are misspelled - they are all "Casacius" instead of "Casascius".  Again, I'm not referring to the large centered one, but the smaller font ones on both sides.

It's simply a Series 1 Casascius hologram. Like the one used on the 2011 Brass 1 btc coins.
These are know as the "error" hologram due to the spelling error

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September 23, 2020, 09:30:15 PM
 #39

"What is the error on this hologram?"

Unless I'm mistaken, the multiple lines stacked in the hologram to the right and left are misspelled - they are all "Casacius" instead of "Casascius".  Again, I'm not referring to the large centered one, but the smaller font ones on both sides.

Thanks for that.  I only looked at the big one.  It's been too long...  I'll check mine, but you'll probably have to be patient and give me some time.  I assume they all have the same hologram and coblee could confirm, but I'll check and get back to you eventually.


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September 23, 2020, 09:53:10 PM
 #40

@OgNasty - The pattern was there when I purchased form @Coblee a year+ ago.  He already had them slabbed and I bought as you see it.  I've never handled or re-slabbed/etc. The pattern does not appear to have changed at all during the time I've had it.  Question for you- Does yours have the error holo + the 2 factor like this one does?  Haven't seen that very often, and your pictures didn't show the back side.

Ahh, I must have bought mine before he had them slabbed.   I'm guessing either coblee handled them with his bare hands at some point or the grading company did.  Would be cool if coblee could shed light on that mystery as if this happened during grading it would certainly effect user opinions on graded coins.  Mine is in a regular airtite capsule.  It has the 2 factor like yours but I'm not sure about an error holo.  What is the error on this hologram? 

I've never handled the coins. They stayed in the capsule. Since the capsule is not 100% airtight, some oxidation might occur and react with the alloy in the gold. That's what you are seeing. This happened before the grading.

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