[AUCTION] one 2011 fully loaded casascius "error" bitcoin

[mcmasterp]

Bare with me as I am new here.

I bought a physical bitcoin back in 2011 or 2012 when bitcoin looked "dead" and I wanted a piece of history. Boy I wish I had just purchased digital bitcoins then I'd be rich lol but as it happens the coin I bought was from casascuis 1st run the ones with the misspelled name in the hologram. it has code printed on it not the window like later versions. This is a real deal, no bs scammer bs and I expect bidders to be the same.

This coin has all the forks on it so as I understand it you get also get a bitcoin cash and all the lesser ones

Starting bid is 1.15btc. Buy it now is 1.25 bitcoin. auction is is over when a day has gone by after last acceptable bid or at my discretion to shorten or extend.

[Evilish]

Hey there, welcome to the forum. At least you kept the Casascius and now it's worth exponentially more than your original investment.

Can you please post a picture of the front/back of the coin with today's date and your forum username?

Perhaps also update your original post with more details like auction end date/time. You can look at the auction guidelines and tips here: Auctions - Guidelines and Tips!

Good luck with the auction!

[cptdome1]

Good luck, starting bid too high for me to be interested

[owlcatz]

Good luck, starting bid too high for me to be interested

Yeah it's just unrealistic in the current market times, unfortunately. Some coins going for under peel lately...

[mcmasterp]

Yeah it's just unrealistic in the current market times, unfortunately. Some coins going for under peel lately...

wait why would someone sell a collectible version of a coin worth 1 bitcoin for less than 1 bitcoin? They would essentially be paying someone to take the coin? If you peel it and redeem it digitally you get the whole thing. Is there something I'm missing?

[owlcatz]

wait why would someone sell a collectible version of a coin worth 1 bitcoin for less than 1 bitcoin? They would essentially be paying someone to take the coin? If you peel it and redeem it digitally you get the whole thing. Is there something I'm missing?

Stupidity and/or greed maybe?

Premiums have decreased with the increase in the price of BTC, & selling in a bullrun doesn't command the premium they once did.

[tothemoonsands]

"Under peel" typically does not refer to selling 1 BTC physical under 1 BTC. As you said, that doesn't make sense. But what happens is sometimes when you consider all of BTC forks on the coin, the premium will be less than that. So it's really:
1 BTC + Premium < Premium + 1 BTC + 1 BCH, etc. This is because the forks on the coin are often not truly considered or desired by those collecting physical Bitcoins. In a low premium environment, this means "under peel" is a possibility.

[Gatorelf]

Good luck, starting bid too high for me to be interested

Yeah it's just unrealistic in the current market times, unfortunately. Some coins going for under peel lately...

I noticed that too, there is a volatility index to consider as BTC is bouncing around from 30k to 40k and back. Pretty significant percentage swings.

[mcmasterp]

"Under peel" typically does not refer to selling 1 BTC physical under 1 BTC. As you said, that doesn't make sense. But what happens is sometimes when you consider all of BTC forks on the coin, the premium will be less than that. So it's really:
1 BTC + Premium < Premium + 1 BTC + 1 BCH, etc. This is because the forks on the coin are often not truly considered or desired by those collecting physical Bitcoins. In a low premium environment, this means "under peel" is a possibility.

Thank you for the explanation but I'm actually a bit confused.  Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

[andulolika]

I'm confused as hell.

I think forks should be ignored
1 btc funded = 1 btc plus coin value plus a prime because it hasn't been peeled.
If you had just the coin it'd be less than the coin funded excluding the 1 btc because it has it's original old untouched btc verifiable in the site and you could safely deposit more.

You could count the forks if you wish.

But i don't think youll be getting more than 1.2 even 1.15 seems a bit up but i might be wrong, if what you want is more btc wait for cheaper prices, or hope! lol.

[owlcatz]

Thank you for the explanation but I'm actually a bit confused.  Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is  ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm.

[mcmasterp]

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is  ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm.

neat thank you. I'll take an extra $430 any day!

[nubbins]

Thank you for the explanation but I'm actually a bit confused.  Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is  ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm.

I think “Bitcoin sv” and “Bitcoin gold” might be the only other ones worth taking the time to redeem.

[Gatorelf]

Thank you for the explanation but I'm actually a bit confused.  Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is  ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm.

shit fork  hilarious   

I wonder how many people ( percentage) sell their BTC on spikes like when it hits $40k then buying it back when it dipped to $30k or so. Also known as position trading.
When a loaded coin is in transition from one owner to the next it leaves you open for the swing. However Im sure there are still a lot of people that have BTC they bought five years ago and just waiting for retirement     

[crypto333]

question:

so you are saying casascius is misspelled? i was a little confused on what the error is exactly

how's the condition of the coin? (hard to see through the plastic to see). any scratches?
it doesn't seem to be graded right?

thanks !!

[mcmasterp]

question:

so you are saying casascius is misspelled? i was a little confused on what the error is exactly

how's the condition of the coin? (hard to see through the plastic to see). any scratches?
it doesn't seem to be graded right?

thanks !!

On the back in the hologram it is misspelled as casacius missing an s you can Google casascius error coin for details. It is not a graded coin and it spent years just in a drawer so I'm sure it's not prime new looking but it also hasn't been subjected to a ton of movement or contact with object so no major scratches or dents etc

[crypto333]

oh i think i see it! the hologram picture part came out blurry
so in the hologram casacius is spelled over and over in the hologram background right?


im new to bitcointalk.org and have been trying to get a cas coin. are you open to using an escrow service or an escrow person that is recommended on here. i heard minerjones is the guy for that

let me know

thanks

[mcmasterp]

oh i think i see it! the hologram picture part came out blurry
so in the hologram casacius is spelled over and over in the hologram background right?


im new to bitcointalk.org and have been trying to get a cas coin. are you open to using an escrow service or an escrow person that is recommended on here. i heard minerjones is the guy for that

let me know

thanks

you got it the over and over ones.

I am certainly open to escrow if we can't do it in person. As long as the escrow is safe I see no problem. I'm not familiar with minerjones or anyone else but there must be a secure way to do these things

[krogoth]

oh i think i see it! the hologram picture part came out blurry
so in the hologram casacius is spelled over and over in the hologram background right?


im new to bitcointalk.org and have been trying to get a cas coin. are you open to using an escrow service or an escrow person that is recommended on here. i heard minerjones is the guy for that

let me know

thanks

here ya go

[crypto333]

thanks! appreciate that