1 BTC casascius coin sells for $150k

[rjefferson]

Holy fuck remember casascius coins?? There was one that sold recently for 3.5x the peel value lol.

Alright which one of you whales sold it 

Does anyone still have unredeemed ones? It looks like the platform it was sold (4K) on is now accepting and authenticating them too

[OgNasty]

Holy fuck remember casascius coins?? There was one that sold recently for 3.5x the peel value lol.

Alright which one of you whales sold it 

Does anyone still have unredeemed ones? It looks like the platform it was sold (4K) on is now accepting and authenticating them too

I was a bit hesitant when reading about this platform.  They seem to have come out of nowhere and are now being touted on this forum as a way to get a huge return on your collectibles.  I'm not sure why this one platform would justify a massive premium over the others, and I haven't looked into their escrow system enough to see how everything works.  I am hesitant to trust them and think that others should be as well.  Escrows with long reputations are trusted here because people like myself have had the opportunity to walk away with tens of millions of dollars in other people's money, free and clear with no legal repercussions, but chose not to because we are not thieves.  This is the sort of action I would need to be displayed by an entity before I could trust them.  I know I wouldn't risk any of my collectibles to a new operation that wants other people to trust them with tens or even hundreds of thousands of dollars.

I hope I'm wrong and I'd love to sell my Casascius coins for that price, but something smells fishy.

[DaveF]

It had the magic 3 letters attached to it....NFT People are still going stupid over them.
But I agree I would not ship any collectables out to an unknown place like that. I actually don't even ship funded coins out anywhere. Too much risk.
And I always have the fear that someone has gone out and made duplicated holograms and can peel, copy and replace without anyone knowing till it's too late.

-Dave

[Darker45]

You must be referring to Eodguy149's successful sale of a Casascius coin on 4K.com. Perhaps the high premium was partially due to the fact that the Casascius coin that was sold was a silver gilt 1 BTC coin. That was one of the rarer Casascius coins. Not to mention that the coin was also graded MS 70 by ANACS. That made everything rarer and more expensive. And, as Eodguy149 himself/herself mentioned, perhaps the buyer really wanted one. Hence the offer.