2011 25 btc Casascius

[MoparMiningLLC]

Looks like this coin was just peeled. Can't say I blame anyone, a lot of money to trust when you can just peel and take your money.

I believe  you are correct -

[1713566778]

1713566778

[1713566778]

1713566778

[1713566778]

1713566778

[1713566778]

1713566778

[BookofNick]

RIP 1Pv1qfdU

Would love to own one, wish this one had been in my league 

[iBitcoinHongKong8]

Peel baby Peel.....Peeling Inferno!

Not sure about you fellas but nothing makes my day like waking up to see massive amounts of peelings taking place.




iBHK8

[nubbins]

OP made the right choice, v impressive sight to see, almost a million bucks in my local currency (CAD). What a time to be alive 

[davidgdg]

OP made the right choice, v impressive sight to see, almost a million bucks in my local currency (CAD). What a time to be alive 

I think we are rapidly approaching (if we haven’t already reached) the time when the 25 BTC is simply unsaleable. The risks for everybody concerned are just too high. And I think it won’t be that long before the same will be true of the lower denominations. Hell, if BTC reaches 100 K I’m not even sure that the one BTC coins will be saleable  anymore.

[Gatorelf]

Crypto collectables and traditional numismatic collectors are completely different markets (just like stamps and coins). There are a few that overlap (like me) but I think we are pretty few and far between. I don’t expect the traditional numismatic market to show any interest in crypto collectables for many years if at all. On the other hand the crypto collectable enthusiasts are getting more and more and so I suspect the casascius premium will continue to rise (at least in dollar equivalent terms)

Have to disagree. Many people who collect here were numismatists/traditional coin collectors first. There are traditional coin collectors entering this space all the time. I get messages often on my Instagram “physicalcryptocurrency”account from traditional coin collectors inquiring about these types of coins/wanting to enter the space. This will only increase as time goes on.

OP- heck of a coin. Great job not peeling it over the years. If you’re looking to sell this sooner than later Id post it all over every social media account letting people know  ( Facebook, Reddit, Twitter, youtube, etc ). 

correct like me    some here know of my buys and sells of these gems however many don't know my past is of over 40 years of coin and comic collecting.  I also wrote articles for investors like ( Investing in The New Year) for over 15 years who were subscribed to my IR business (Equity Research IR and or Equity Movers both of which I sold years ago) . Since just before BTC broke $700 I had been introducing coins like these to investor friends for their numismatic potential as well as the BTC potential. Its still a matter demand into an emerging market. The risk increased dramatically when BTC crossed $2,000.  So its still a delicate balance of gaining Numismatic value in a highly volatile market place.

Once stability has been established for a longer period of time numismatic values should increase. 

 

[ChiBitCTy]

Crypto collectables and traditional numismatic collectors are completely different markets (just like stamps and coins). There are a few that overlap (like me) but I think we are pretty few and far between. I don’t expect the traditional numismatic market to show any interest in crypto collectables for many years if at all. On the other hand the crypto collectable enthusiasts are getting more and more and so I suspect the casascius premium will continue to rise (at least in dollar equivalent terms)

Have to disagree. Many people who collect here were numismatists/traditional coin collectors first. There are traditional coin collectors entering this space all the time. I get messages often on my Instagram “physicalcryptocurrency”account from traditional coin collectors inquiring about these types of coins/wanting to enter the space. This will only increase as time goes on.

OP- heck of a coin. Great job not peeling it over the years. If you’re looking to sell this sooner than later Id post it all over every social media account letting people know  ( Facebook, Reddit, Twitter, youtube, etc ). 

correct like me    some here know of my buys and sells of these gems however many don't know my past is of over 40 years of coin and comic collecting.  I also wrote articles for investors like ( Investing in The New Year) for over 15 years who were subscribed to my IR business (Equity Research IR and or Equity Movers both of which I sold years ago) . Since just before BTC broke $700 I had been introducing coins like these to investor friends for their numismatic potential as well as the BTC potential. Its still a matter demand into an emerging market. The risk increased dramatically when BTC crossed $2,000.  So its still a delicate balance of gaining Numismatic value in a highly volatile market place.

Once stability has been established for a longer period of time numismatic values should increase. 

 

I’m a similar tale. Collected coins and cards since I was a kid. Picked it up more so as an adult. I’m an investment advisor so I’m always looking for new finance products. Found btc and shortly after bought some of those copper anonymous mint Coins. Then I came across kialara Casascius and bitcoin Penny and I was hooked. Many others w similar story.

[shadallion]

Every peeled coin drives up the remaining value.  In 10/20/50 years they’ll all be worth 5x BTC price. Leave for the next generation.

If you disagree I’m not sure why you wouldn’t sell all your coins right now.

[davidgdg]

Every peeled coin drives up the remaining value.  In 10/20/50 years they’ll all be worth 5x BTC price. Leave for the next generation.

If you disagree I’m not sure why you wouldn’t sell all your coins right now.

Damn. Logic versus emotion. I love them so how could I sell them ?

Actually thinking about it you might be right. As crypto get bigger and bigger and the number of peeled coins get smaller and smaller, it will only take a small number of serious buyers to keep premiums up.

It is kind of weird though but there doesn’t seem to be any commercial retail/broking source for buyers. This place is of course wonderful but ...

[BitProdigy]

I've got a fully loaded one if anyone knows somebody that wants it.

[Gatorelf]

Crypto collectables and traditional numismatic collectors are completely different markets (just like stamps and coins). There are a few that overlap (like me) but I think we are pretty few and far between. I don’t expect the traditional numismatic market to show any interest in crypto collectables for many years if at all. On the other hand the crypto collectable enthusiasts are getting more and more and so I suspect the casascius premium will continue to rise (at least in dollar equivalent terms)

Have to disagree. Many people who collect here were numismatists/traditional coin collectors first. There are traditional coin collectors entering this space all the time. I get messages often on my Instagram “physicalcryptocurrency”account from traditional coin collectors inquiring about these types of coins/wanting to enter the space. This will only increase as time goes on.

OP- heck of a coin. Great job not peeling it over the years. If you’re looking to sell this sooner than later Id post it all over every social media account letting people know  ( Facebook, Reddit, Twitter, youtube, etc ). 

correct like me    some here know of my buys and sells of these gems however many don't know my past is of over 40 years of coin and comic collecting.  I also wrote articles for investors like ( Investing in The New Year) for over 15 years who were subscribed to my IR business (Equity Research IR and or Equity Movers both of which I sold years ago) . Since just before BTC broke $700 I had been introducing coins like these to investor friends for their numismatic potential as well as the BTC potential. Its still a matter demand into an emerging market. The risk increased dramatically when BTC crossed $2,000.  So its still a delicate balance of gaining Numismatic value in a highly volatile market place.

Once stability has been established for a longer period of time numismatic values should increase. 

 

I’m a similar tale. Collected coins and cards since I was a kid. Picked it up more so as an adult. I’m an investment advisor so I’m always looking for new finance products. Found btc and shortly after bought some of those copper anonymous mint Coins. Then I came across kialara Casascius and bitcoin Penny and I was hooked. Many others w similar story.

cool ChiBit nice to meet you, I think all the original non loaded collectibles will continue to gain in numismatic values over the years. A lot of these guys like wheelz had some great collectible idea's as this market emerged.  I really liked his limited supply of Geneses coins, Fun stuff. Took a while to get my son interested in crypto's but I found a slick way to do it.  I had him open a coinbase account a few years back and I gave him some LTC... he is pretty happy now and interested lol...  on a side note I am hoping this sustained increase in the price of silver will spark an interest back in MS slabbed coins again like Morgans.   

good luck all in the new year with your investments !

[JUPITYR]

@OP:  If you want to sell the peeled coin, shoot me a PM.

[davidgdg]

I've got a fully loaded one if anyone knows somebody that wants it.

With say a 10% premium and the forks, must be looking at $1 million for the 25 BTC. Incredible

[Coin_trader]

I recently peeled too 1 of my Casascius collection and having good profit on scalping daily, it’s profitable form me to just peel rather than risk on mailing it overseas so I understand the decision of OP to just peel considering the current price of BTC. The premium and the fork value decrease overtime in terms of BTC value. OP can just simply re buy any 25Cas coin available in case BTC price dump soon for less $.

Btw I have 2 peeled cas brass coin with holo. Just PM me your offer. 

[Grogu_Eats_Eggs]

Yes, I hate to report, the deed was done.
As was said, it's a lot of money to be risking out there in the world when you can just peel it at home and be done with it.
Life changing amounts.
Thanks for the good discussion everyone, I look forward to what the future holds in the btc space.

[iBitcoinHongKong8]

Yes, I hate to report, the deed was done.
As was said, it's a lot of money to be risking out there in the world when you can just peel it at home and be done with it.
Life changing amounts.
Thanks for the good discussion everyone, I look forward to what the future holds in the btc space.

It's completely understandable and congrats on holding on as long as you did! Happy New Year to you!

iBHK8

[shadallion]

Every peeled coin drives up the remaining value.  In 10/20/50 years they’ll all be worth 5x BTC price. Leave for the next generation.

If you disagree I’m not sure why you wouldn’t sell all your coins right now.

5x btc price or 5x $$ price?

I believe there will come a day in the fullness of time where it will cost 5 bitcoins/the equivalent value in whatever currency to acquire a funded Casascius 1-bitcoin graded 69, 70. 

This seems laughable now but eventually they will come to be seen as royal treasures, Crown Jewels of private and museum collections.  It might be 50 years or 100, but these will be wonders to behold someday.  The supply will steadily dwindle until there are just a few hundred scattered across the earth

[iBitcoinHongKong8]

I believe there will come a day in the fullness of time where it will cost 5 bitcoins/the equivalent value in whatever currency to acquire a funded Casascius 1-bitcoin graded 69, 70. 

This seems laughable now but eventually they will come to be seen as royal treasures, Crown Jewels of private and museum collections.  It might be 50 years or 100, but these will be wonders to behold someday.  The supply will steadily dwindle until there are just a few hundred scattered across the earth

I agree with this premise wholeheartedly. The exacts of course nobody knows for sure but I 100000% agree with the basic premise of your meaning here. I have been saying recently just as a recent example that we're now beginning to see the big larger hedge fund money come in. Well just as a small example often times in those circle those guys are collectors(watches, exotic cars, fine art, homes, baseball/basketball cards, wine, cigars, coins, stamps, yadda yadda,  etc...) Once those guys get their BTC access and then begin to understand and discover oh wow wait a minute you mean to tell me that BTC has a collectibles side/section to it as well? And that's when we will likely begin the process of premiums picking back up all the way to getting somewhere where you're pricing it at. Regardless of where it actually lands I believe we all agree that once we get more exposure and that exposure is on it's way then these beauties will absolutely be treasured and appreciated like never before! Cheers!

iBHK8

[davidgdg]

I believe there will come a day in the fullness of time where it will cost 5 bitcoins/the equivalent value in whatever currency to acquire a funded Casascius 1-bitcoin graded 69, 70. 

This seems laughable now but eventually they will come to be seen as royal treasures, Crown Jewels of private and museum collections.  It might be 50 years or 100, but these will be wonders to behold someday.  The supply will steadily dwindle until there are just a few hundred scattered across the earth

I agree with this premise wholeheartedly. The exacts of course nobody knows for sure but I 100000% agree with the basic premise of your meaning here. I have been saying recently just as a recent example that we're now beginning to see the big larger hedge fund money come in. Well just as a small example often times in those circle those guys are collectors(watches, exotic cars, fine art, homes, baseball/basketball cards, wine, cigars, coins, stamps, yadda yadda,  etc...) Once those guys get their BTC access and then begin to understand and discover oh wow wait a minute you mean to tell me that BTC has a collectibles side/section to it as well? And that's when we will likely begin the process of premiums picking back up all the way to getting somewhere where you're pricing it at. Regardless of where it actually lands I believe we all agree that once we get more exposure and that exposure is on it's way then these beauties will absolutely be treasured and appreciated like never before! Cheers!

iBHK8

Even a year ago I’d have laughed. Today just took proud delivery of Bitcoin Magazine Issue 16

[davidgdg]

Another one bites the dust this morning

https://www.blockstream.info/address/1GLW4TByqGhHQsq4vMJVGWZh9aC9HZiRNi