[AUCTION] 2012 CASASCIUS 1 BITCOIN UNREDEEMED

[OakDust11]

Up for grabs is a 2012 Casascius 1 BTC brass, unredeemed.

Selling from USA

Bidding to be in BTC and begin at 1 BTC with minimum bid increases being in 0.001 BTC

Sellers escrow will be used on the transaction. (Verified escrow here)

Buyer is responsible for escrow fee AND shipping to escrow. Shipping method of buyers choice will be used to ship to escrow from seller.

Please reduce all comments to only bids or questions about the auction to alleviate clutter

SNIPE: any bid within the last 10 minutes of the auction will extend the auction 10 minutes.

**Edited to 6pm** Auction end time will be January 10th, 2021. 6pm Pacific Time (PT)

Payment due to escrow within 24hrs of auction close.

Pictures:  https://imgur.com/gallery/SvZ5s9D?s=sms


Thanks all! Happy bidding.

[1714693426]

1714693426

[1714693426]

1714693426

[1714693426]

1714693426

[Agrawas]

I bid 1BTC. Payment once it's successfully received and confirmed by Minerjones.

[Gatorelf]

no one wants this ?  or am I missing something lol

[OakDust11]

no one wants this ?  or am I missing something lol

Right?! Was hoping for more interest than this!

[anonymousminer]

1.001BTC

What state is this coin located in? 

Is there a large airport near the coin's location?

[Agrawas]

1.002BTC

[OakDust11]

1.001BTC

What state is this coin located in? 

Is there a large airport near the coin's location?

Texas. Yes 20 minutes from location of coin.

[OakDust11]

1.002BTC

High bid currently 1.002 BTC

[OakDust11]

1.002BTC

High bid currently 1.002 BTC

Bump

[OakDust11]

Bump. Let’s gets some bids rolling. Roughly five and a half hours remaining.

[StackItUp]

1.003BTC

[Agrawas]

1.004BTC

[OakDust11]

1.004BTC

Current high bit 1.004 BTC

[OakDust11]

Auction over

[Agrawas]

Auction over

Woohooo.. thank so much. Will reach out to u for escrow details..

Let me know if u need any details.

[cellar_door]

Am I missing something? Aren't these coins normally worth more?

Have an unredeemed 2012 1BTC I was thinking of selling, but I'm not sure if it's worth the hassle vs. just redeeming it myself.

[StackItUp]

omg... this what we were talking... that the funniest part is to buy it under load value. and here we are. i was sleeping, damn..
Sweet, Agrawas, you did it

[OgNasty]

first auction i’ve seen with negative premium after converting forks into btc.

Same.  This has got to be a case of the market not trusting the seller is legitimate.  I would have been willing to buy the coin at that price and let him peel it and send me just the coin with deducting 1 BTC from the auction price...  I'm curious what the outcome of this will be and if everything is legitimate.

[msin]

Do most collectors here find Cas coins to have more value if they are slabbed (graded)? Also, on a side note, does anyone have recommendations for grading 1BTC and higher Cas coins? Would it be better to just do it in person at the grading company HQ? I would not feel comfortable sending a 10btc Cas anywhere at the current price. Thanks.

[Lesbian Cow]

Do most collectors here find Cas coins to have more value if they are slabbed (graded)? Also, on a side note, does anyone have recommendations for grading 1BTC and higher Cas coins? Would it be better to just do it in person at the grading company HQ? I would not feel comfortable sending a 10btc Cas anywhere at the current price. Thanks.

Graded is definitely helpful when selling, more so with a lesser known seller.   Besides giving an indication as to the condition of the coin when slabbed, It also shows that at least since the coin was slabbed it has most likely not been handled or exposed to contaminants.

For grading 1 btc and above I would just fly to St. Pete, Florida and have them graded by ICG in person. 

[xenodata]

Happy to hear these are still being circulated and auctioned.  Sorry you didn't get a little bit more for it though.

[msin]

Do most collectors here find Cas coins to have more value if they are slabbed (graded)? Also, on a side note, does anyone have recommendations for grading 1BTC and higher Cas coins? Would it be better to just do it in person at the grading company HQ? I would not feel comfortable sending a 10btc Cas anywhere at the current price. Thanks.

Graded is definitely helpful when selling, more so with a lesser known seller.   Besides giving an indication as to the condition of the coin when slabbed, It also shows that at least since the coin was slabbed it has most likely not been handled or exposed to contaminants.

For grading 1 btc and above I would just fly to St. Pete, Florida and have them graded by ICG in person. 

Would you recommend ICG over ANACS?

[StackItUp]

did Agrawas got the coin? is OP honorring the trade?

[Agrawas]

did Agrawas got the coin? is OP honorring the trade?

No response from OP and highly doubt he will respond..

[Evilish]

did Agrawas got the coin? is OP honorring the trade?

No response from OP and highly doubt he will respond..

Yup.. looks like they have been active on the forum though.
Last Active:   Today at 04:04:11 AM


OP can you not leave Agrawas hanging here? If you plan on not honoring the deal just say so..

[fancynancy]

he is not coming back

[mindtrip]

If he won’t take it I’ll take it for his bid price escrow by ognasty or minerjones

he is not coming back

[fancynancy]

If he won’t take it I’ll take it for his bid price escrow by ognasty or minerjones

he is not coming back

you quoting my message like i know him ..
i don't think he will come back and sell the coin under valued that's all

[Agrawas]

If he won’t take it I’ll take it for his bid price escrow by ognasty or minerjones

he is not coming back

you quoting my message like i know him ..
i don't think he will come back and sell the coin under valued that's all

He is thinking Buyer never responded..

[opusdigitus]

Wow, crazy to see these things sell for so little nowadays. Better off peeling them!

[Mbitr]

Wow, crazy to see these things sell for so little nowadays. Better off peeling them!

The sale never went through - the seller disappeared

[OgNasty]

Wow, crazy to see these things sell for so little nowadays. Better off peeling them!

The sale never went through - the seller disappeared

It smelled fishy from the start.  Should be of no surprise that deals that appear as though they are too good to be true often are.  As for the seller, if he was legitimate, I guess he valued the additional BTC from peeling and then selling the peeled coin more than he valued his account.  Also not much of a surprise.

[pinky1234]

Totally agree with previous message, He might found out how much btc on the coin >Decide not to sell.

[Gatorelf]

first auction i’ve seen with negative premium after converting forks into btc.

Same.  This has got to be a case of the market not trusting the seller is legitimate.  I would have been willing to buy the coin at that price and let him peel it and send me just the coin with deducting 1 BTC from the auction price...  I'm curious what the outcome of this will be and if everything is legitimate.

That's pretty interesting, I suppose he should have of just said he had a reserve price in mind before people get their hopes up and waist their time to boot.

These loaded collectables have moved into the serious money realm especially the 10btc and up. Just a reminder that Brinks provides armed transportation services.

https://us.brinks.com/services

Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

[Agrawas]

Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

That is what needs to be done in future, otherwise it's a waste of time and internet space for no reason..

[OgNasty]

Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

That is what needs to be done in future, otherwise it's a waste of time and internet space for no reason..

The problem with that is the buyer is still having the trust sending massive amounts of value through the mail.  Face to face trades might further suppress the market value of these types of coins, but I don't see any other way to get it done.  Maybe someone should start a service where they fly around to pick up and hand deliver items like this...

For example, there's no way I'd sell extremely high value items without a lawyer present and me handing the coin directly to the buyer.

[Gatorelf]

Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

That is what needs to be done in future, otherwise it's a waste of time and internet space for no reason..

The problem with that is the buyer is still having the trust sending massive amounts of value through the mail.  Face to face trades might further suppress the market value of these types of coins, but I don't see any other way to get it done.  Maybe someone should start a service where they fly around to pick up and hand deliver items like this...

For example, there's no way I'd sell extremely high value items without a lawyer present and me handing the coin directly to the buyer.

Right, kind of why I had Brinks in mind for transportation needs. They work with millions some times. I agree if its me I just go meet person to person when we are talking over $40k I just cant imagian not doing that with a 10btc + coin.