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Author Topic: [Auction ENDED] Cas 1 brass S2 2013 loaded - on Scarce City  (Read 271 times)
thoughtfan (OP)
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December 08, 2021, 08:15:14 PM
Last edit: December 12, 2021, 09:17:43 PM by thoughtfan
 #1

Hi all,

Scarce City is auctioning a brass Casascius coin of mine, 1 Bitcoin, Series 2 2013, loaded - good condition.

For pics and further details, see the auction link from which bids may also be placed.

Thank you for your interest  Smiley
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thoughtfan (OP)
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December 12, 2021, 05:43:40 PM
Last edit: December 12, 2021, 07:49:06 PM by thoughtfan
 #2

Here is a glimpse of the quality of this one for anyone who may be tempted without needing to click over to the auction page Wink


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December 12, 2021, 09:16:51 PM
 #3

Thank you to all who took an interest  Smiley I'll let you know when the next one (or the first of the tens) are going on whatever platform that may be.
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December 13, 2021, 12:09:04 AM
 #4

Not a terrible ending price.  Congrats on your sale.  I was thinking about starting an auction for one of these at 1.15 BTC, and it looks like that's pretty in line with expectations.  I look forward to seeing what the rest of your collection goes for on there and how you felt about the experience of selling through scarcecity.  I'm also curious about withdrawing funds from the site and if you're required to use the Lightning Network in order to use the site or if they allow withdrawals of BTC on chain.

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December 15, 2021, 01:13:12 AM
 #5

I'm also curious about withdrawing funds from the site and if you're required to use the Lightning Network in order to use the site or if they allow withdrawals of BTC on chain.

I dont believe you are required to withdraw using lightning. They will email you after the auction has ended to refund your bid deposits. Their team is easily reachable if you have more questions.

You are not required to use lightning network to use the site, however if you are not a verified user and only using on-chain deposits as collateral then the experience could be sub-par...specifically in the closing minutes of an auction.  You risk not getting the required deposit amount on-chain before the auction is over. (on second thought I think they changed this to show as "pending bid" for on-chain deposits). I've jumped the gun a couple times and bid on top of a pending bid which subsequently disappeared...I had back to back bids at that point. Not a huge deal tho.

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