Really need some help selling a 2013 1 BTC brass Casascius coin

[SecNetEng]

As the title states, I need to sell a physical coin ASAP, but I have no idea how to begin to do so safely.  I am wanting to get fiat/cash/USD for it.  Is it possible to sell via bank transfer?  Is that safe?  I have paypal, but I know how easy it is for scammers to reverse paypal payments.  Are bank transfers safer?  What about specific banks.  Does anyone know if Key bank is bitcoin friendly?  Would they even know the money was from a bitcoin sale?  Would the amount of the transfer cause any problems because it is so large?  Would it just be better to try to find someone local and trade case for it?  How do I know their cash is not counterfeit?  How would I even make an in person trade like that safely?  And how would I even go about finding someone local?  I tried signing up for localbitcoins, but is seems I cannot create an account because of my location(Ohio).  And even if I could, It seems like they don't have a way to list physical coins.  Sorry for all the questions, but I am getting desperate, and this just seems like it is impossible to do, and do safely without getting killed, or scammed.   I really don't want to peel this to redeem the BTC.  I think that would be a shame since the amount of these that are unpeel goes down every day.  It would make me feel like I was destroying a painting.  I also don't really want to sell it for BTC because I don't have a wallet of any kind.  Never have.  I am super intimidated after reading all the stories about people making a simple mistake, and then "POOF", all their money is gone.  I don't want that to be me, and I really need to make sure I have these funds, and soon.  Any and all help would be seriously appreciated!  Sorry again for rambling.

[MoparMiningLLC]

setting up a wallet is not hard - if its a cas, they are easy to redeem - also all the forks that will come with that as well.

That being said, I hope someone steps up and buys this, I would hate to see another cas peeled.

[SatsLife]

The fastest way to turn into cold hard cash would be to offer the coin at a discount for an in-person exchange. Considering the current price, I would think the discount would have to be significant for someone to travel to Ohio (maybe get lucky and find someone local) for an in person cash buy. You mentioned counterfeit...well if you want cash, that is certainly a risk (Bitcoin fixes this . Maybe meet at a bank and have it wired to your account while you are there together? Maybe someone else has a better suggestion?  I'll officially offer you $40k for it and be there in 1 day?

The second fastest way to turn into cash would be to peel the coin and send to your preferred crypto exchange and convert to dollars there. Then withdraw the dollars to your connected bank account. This will take 1-3 days at best if you are setup properly. It doesn't sound like you even have an exchange setup yet tho, so it could take longer. You will likely have some sort of withdrawal limits placed on a new account. If you decide to peel, here is a good write-up from Krogoth...https://bitcointalk.org/index.php?topic=5303860.0 

A less technical way to redeem is to use a Ballet wallet, but I'm assuming you would need to order one first and then wait for shipping (adding more time to the process). Don't forget about redeeming the forks. HK8 shows you how to do all that here... https://bitcointalk.org/index.php?topic=5274279.msg55152981#msg55152981

Another way would be to sell it at auction on here and using an escrow, for a fee. And you would still have BTC to convert to cash afterwards, so you might want to get that process started and open a crypto exchange account that you can link your bank account to. If you don't have one already that is.


Was no one interested when you posted before?...https://bitcointalk.org/index.php?topic=5315671.msg56301351#msg56301351
It would also help if you posted a pic with your username, the date, and the coin all in the same pic.

[SecNetEng]

The fastest way to turn into cold hard cash would be to offer the coin at a discount for an in-person exchange. Considering the current price, I would think the discount would have to be significant for someone to travel to Ohio (maybe get lucky and find someone local) for an in person cash buy. You mentioned counterfeit...well if you want cash, that is certainly a risk (Bitcoin fixes this . Maybe meet at a bank and have it wired to your account while you are there together? Maybe someone else has a better suggestion?  I'll officially offer you $40k for it and be there in 1 day?

The second fastest way to turn into cash would be to peel the coin and send to your preferred crypto exchange and convert to dollars there. Then withdraw the dollars to your connected bank account. This will take 1-3 days at best if you are setup properly. It doesn't sound like you even have an exchange setup yet tho, so it could take longer. You will likely have some sort of withdrawal limits placed on a new account. If you decide to peel, here is a good write-up from Krogoth...https://bitcointalk.org/index.php?topic=5303860.0 

A less technical way to redeem is to use a Ballet wallet, but I'm assuming you would need to order one first and then wait for shipping (adding more time to the process). Don't forget about redeeming the forks. HK8 shows you how to do all that here... https://bitcointalk.org/index.php?topic=5274279.msg55152981#msg55152981

Another way would be to sell it at auction on here and using an escrow, for a fee. And you would still have BTC to convert to cash afterwards, so you might want to get that process started and open a crypto exchange account that you can link your bank account to. If you don't have one already that is.


Was no one interested when you posted before?...https://bitcointalk.org/index.php?topic=5315671.msg56301351#msg56301351
It would also help if you posted a pic with your username, the date, and the coin all in the same pic.


https://i.imgur.com/cimgc76l.jpg

https://i.imgur.com/XvIVwsll.jpg

Thank you very much for your reply.  I will probably go ahead and get the process rolling for setting up an exchange account in case I cannot find a buyer.  Is there one that is better than others for liquidating BTC?  Last time I listed it for sale, I had a few people message me, one tried to scam me, and nobody ended up buying it.  I will grab a new pic with the date later today.

[ScarceCity]

We may be able to auction your coin on scarce.city

Email me if interested chris@scarce.city

[nubbins]

Peel it

[gpfrag]

As the title states, I need to sell a physical coin ASAP, but I have no idea how to begin to do so safely.  I am wanting to get fiat/cash/USD for it.  Is it possible to sell via bank transfer?  Is that safe?  I have paypal, but I know how easy it is for scammers to reverse paypal payments.  Are bank transfers safer?  What about specific banks.  Does anyone know if Key bank is bitcoin friendly?  Would they even know the money was from a bitcoin sale?  Would the amount of the transfer cause any problems because it is so large?  Would it just be better to try to find someone local and trade case for it?  How do I know their cash is not counterfeit?  How would I even make an in person trade like that safely?  And how would I even go about finding someone local?  I tried signing up for localbitcoins, but is seems I cannot create an account because of my location(Ohio).  And even if I could, It seems like they don't have a way to list physical coins.  Sorry for all the questions, but I am getting desperate, and this just seems like it is impossible to do, and do safely without getting killed, or scammed.   I really don't want to peel this to redeem the BTC.  I think that would be a shame since the amount of these that are unpeel goes down every day.  It would make me feel like I was destroying a painting.  I also don't really want to sell it for BTC because I don't have a wallet of any kind.  Never have.  I am super intimidated after reading all the stories about people making a simple mistake, and then "POOF", all their money is gone.  I don't want that to be me, and I really need to make sure I have these funds, and soon.  Any and all help would be seriously appreciated!  Sorry again for rambling.

Sounds archaic, but try Craigslist local.  And meet at a police station for transfer.  Get a cashiers check.  Good luck with your sale.

[RickDeckard]

I don't know if you would be willing to use this solution, but I've found a Safe Location in Ohio - http://www.safetradestations.com/safetrade-station-news/category/oh-safe-zones
Perhaps you could use it to make the trade in person while being safe at the same time? I guess that you would have to ask the buyer to make the transaction in front of you with his bank app or something like that ( I guess that bringing a case full of money into the police station wouldn't be a good idea it seems).
The only other option that I see would be for you to sell your coin right here in the forum (as many before you already did). A similar thread to yours appeared some time ago and I even gave the following examples (of successful trades):

• [WTS] Casascius brass coins 2012/2013 - ANACS yellow slap - high grades *CLOSED*
• SOLD - 2013 Casascius .5 MS-65
• [WTS] Funded 2012 Series 2 CASASCIUS 10 BTC Silver Coin - ICG Graded MS68 PL
• [SOLD] Casascius 2011 Series-2
• [WTS] Casascius gilt 1 BTC (Sold) | FBD gilt 10 PPC (Sold) | Kialara 1 BTC

This, of course, is basically tied to your financial situation, which seems to be urgent. If so the only option that I see where you'll be getting the money as fast as possible is basically peeling the coin and send the amount to an exchange... Would you be willing to sell the coin here?

[blucepheus]

From someone who holds a ton of Cas:

If it is this urgent, peel the damn thing. There are plenty of wallets that will allow you to do so. No offense, but the world won't be missing a 2013 brass Cas; sell the peeled coin here if it will make you feel a little better. Don't compromise your financial/life situation to preserve a piece of history, which in the case of this coin -- is abundant.

[kodiak1120]

As the title states, I need to sell a physical coin ASAP, but I have no idea how to begin to do so safely.  I am wanting to get fiat/cash/USD for it.  Is it possible to sell via bank transfer?  Is that safe?  I have paypal, but I know how easy it is for scammers to reverse paypal payments.  Are bank transfers safer?  What about specific banks.  Does anyone know if Key bank is bitcoin friendly?  Would they even know the money was from a bitcoin sale?  Would the amount of the transfer cause any problems because it is so large?  Would it just be better to try to find someone local and trade case for it?  How do I know their cash is not counterfeit?  How would I even make an in person trade like that safely?  And how would I even go about finding someone local?  I tried signing up for localbitcoins, but is seems I cannot create an account because of my location(Ohio).  And even if I could, It seems like they don't have a way to list physical coins.  Sorry for all the questions, but I am getting desperate, and this just seems like it is impossible to do, and do safely without getting killed, or scammed.   I really don't want to peel this to redeem the BTC.  I think that would be a shame since the amount of these that are unpeel goes down every day.  It would make me feel like I was destroying a painting.  I also don't really want to sell it for BTC because I don't have a wallet of any kind.  Never have.  I am super intimidated after reading all the stories about people making a simple mistake, and then "POOF", all their money is gone.  I don't want that to be me, and I really need to make sure I have these funds, and soon.  Any and all help would be seriously appreciated!  Sorry again for rambling.

Sounds archaic, but try Craigslist local.  And meet at a police station for transfer.  Get a cashiers check.  Good luck with your sale.

I would NEVER accept a cashier's check.  They are paper and can be counterfeited.  I sold a car back in 1998 and got two fake checks.  Looked 100 percent legit.  Watermark and everything.  Someone was able to steal legit paper and started printing checks. 

[1o57]

From someone who holds a ton of Cas:

If it is this urgent, peel the damn thing. There are plenty of wallets that will allow you to do so. No offense, but the world won't be missing a 2013 brass Cas; sell the peeled coin here if it will make you feel a little better. Don't compromise your financial/life situation to preserve a piece of history, which in the case of this coin -- is abundant.

I'm considering doing just that with my 2012 Cas.  Thoughts on that? 

[blucepheus]

From someone who holds a ton of Cas:

If it is this urgent, peel the damn thing. There are plenty of wallets that will allow you to do so. No offense, but the world won't be missing a 2013 brass Cas; sell the peeled coin here if it will make you feel a little better. Don't compromise your financial/life situation to preserve a piece of history, which in the case of this coin -- is abundant.

I'm considering doing just that with my 2012 Cas.  Thoughts on that? 

Wouldn’t fault you for it if you need the USD. But, if you were to peel it and let the BTC sit in a crypto wallet I’d be confused. If you peel, do it carefully and keep the hologram attached so you can auction the peeled coin here some time.