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Author Topic: PCGS now grading Casascius coins?  (Read 498 times)
minerjones
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June 29, 2022, 02:38:32 PM
 #21

Apparently PCGS is now grading Casascius bearer bars!!  Cool

https://www.pcgs.com/valueview/bitcoin/2011-100-btc-casascius-gold-bar/203114?sn=903564&h=pop

https://www.pcgs.com/pop/detail/category/203114?l=bitcoin&ccid=203114&sn=903564&pn=1&ps=100

It doesn't state the grade, but looks like from the drop down, that it at least got an "MS" designation:


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Steeley
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June 29, 2022, 06:42:47 PM
 #22

Apparently PCGS is now grading Casascius bearer bars!!  Cool

https://www.pcgs.com/valueview/bitcoin/2011-100-btc-casascius-gold-bar/203114?sn=903564&h=pop

https://www.pcgs.com/pop/detail/category/203114?l=bitcoin&ccid=203114&sn=903564&pn=1&ps=100

It doesn't state the grade, but looks like from the drop down, that it at least got an "MS" designation:



I would love to see the holder


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June 29, 2022, 07:01:19 PM
 #23

Im going to the Summer FUN Expo in Orlando later next week. I have a coin I’d love to get graded there.  I’m hoping they will grade it on the spot. I was planning on using ICG, but I’d go with PCGS if they will be there.
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June 29, 2022, 10:03:24 PM
 #24

Right now only ICG is grading coins, and they are pretty strict about requiring provenance for crypto-tokens dating back to 2014 or earlier.
minerjones
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June 29, 2022, 10:07:51 PM
 #25

Right now only ICG is grading coins, and they are pretty strict about requiring provenance for crypto-tokens dating back to 2014 or earlier.

Can you expand on this?
This would apply to all the Cas coins, and I have had no problem getting them graded nor any other early token
These were graded just 2 weeks ago with zero problem or asking of anything:
https://bitcointalk.org/index.php?topic=5403909.0

Also, PCGS is grading crypto coins right now....and Cas bars!!

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BobbyCoins
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July 01, 2022, 12:56:49 AM
Last edit: July 01, 2022, 11:58:26 AM by BobbyCoins
Merited by cygan (2)
 #26

i would like to store all my anacs graded coins in one of these boxes but i cant find anything suitable here in germany... Tongue
Especially for DE & EU you'll find all you need for slabs at Safe, Lindner (both high product quality) and Leuchtturm (bigger product range) => I like the Leuchtturm ENCAP system for storing slabs in plastic covers combined with Leuchtturm GRANDE Metallic ring binders and the huge variety of GRANDE plastic sleeves (for coins, cards, letters, magazines,...) to have everything that belongs together in one place. But they all have boxes, too.

Interesting findings of recent Stack's Bowers auctions for comparing grading services:
While ICG graded a BTCC poker chip with an honest "Genuine" https://auctions.stacksbowers.com/lots/view/3-WWE17/2016-btcc-5k-bits-poker-chip-0005-bitcoin-btc-loaded-firstbits-1dizuzqv-serial-no-e00639-series-c-clay-composite-39-mm-genu
ANACS gifts a Satori poker chip an unrealistic MS-69 (plastic chips tend to be produced by injection molding or compression molding... no minting => no Mint State^^) https://auctions.stacksbowers.com/lots/view/3-WWE1K/2017-satori-poker-chip-0001-bitcoin-btc-loaded-serial-no-34337-plastic-40-mm-ms-69-anacs
I mean, good news to anybody monetizing on collectibles because even PCGS grades pretty much any crypto coin above 63... and again: is a MS-68 grading for a brass Cas coin that came in rolls of 50 realistic when the Sheldon Scale just goes to 70? https://auctions.stacksbowers.com/lots/view/3-WWE0L/2013-casascius-1-bitcoin-btc-loaded-firstbits-13enrubt-series-2-brass-285-mm-ms-68-pcgs

edit: ANACS Satori link
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July 01, 2022, 10:41:51 AM
Last edit: May 15, 2023, 04:33:22 PM by cygan
 #27

i would like to store all my anacs graded coins in one of these boxes but i cant find anything suitable here in germany... Tongue
Especially for DE & EU you'll find all you need for slabs at Safe, Lindner (both high product quality) and Leuchtturm (bigger product range) => I like the Leuchtturm ENCAP system for storing slabs in albums but they all have boxes, too.


thanks for the tip, actually i could have thought of it myself Cheesy
have now taken me 2 boxes in the shortlist and will order one of them soon at Leuchtturm



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minerjones
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July 01, 2022, 11:23:42 AM
 #28


I mean, good news to anybody monetizing on collectibles because even PCGS grades pretty much any crypto coin above 63... and again: is a MS-68 grading for a brass Cas coin that came in rolls of 50 realistic when the Sheldon Scale just goes to 70? https://auctions.stacksbowers.com/lots/view/3-WWE0L/2013-casascius-1-bitcoin-btc-loaded-firstbits-13enrubt-series-2-brass-285-mm-ms-68-pcgs


Yes it is realistic.
Many "rolls" of Cas have been graded and it has been shown that many of the inner coins receive higher grades.
There have been plenty of MS68 and MS69 brass Casascius coin graded.

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BobbyCoins
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July 01, 2022, 01:43:01 PM
Last edit: July 01, 2022, 03:15:42 PM by BobbyCoins
 #29

I get that. But on a scale of 1-70 where 70 should be reserved for flawless coins that got treated carefully/special from begin on in the mint compared to the MS-68 Cas (that is as good as it can be and therefore earns a relatively high grade, yes, but not in absolute numbers I'd say) and the MS-69 Satori poker chip... and than looking at my own while thinking: mine looks better than the auctioned one but is definitively no 70.

Just a few coins I have are graded: all from this section => THX to those who already are undergoing the hazzle of letting crypto collectibles grade!
Besides conservation of coins it obviously adds the most monetary worth to collectibles when auctioned to FIAT-numismatics on serious platforms.

Which brings me to the very interesting point of having 'bridges' from this section to such platforms (like stacksbowers.com) where trusted/well respected users here (who already sell a substantial part of collectibles graded) not only know which grading service is in best interest for the coin holder and/or the community (that's where the ethics kicks in) but also can organize whole lots of auctions with such an auction-platform for 'wholesales' in behalf of users here, e.g.: 4 times a year => to get best conditions from the auction house while reaching high premiums in the FIAT-world but also raising awareness for the whole crypto-collectibles-sphere on all ends... leading to a better understanding of the crypto-sphere at grading services (and thus in better/more correct results in grading itself) while also having more exposure to interested numismatics... some of you might already be working in this direction deliberately or unconsciously but I believe such 'bridges' could be a pure Win-Win-Win... with just relatively small trade-offs for the community.
But only if done by really well-trusted people because that amount of BTC involved every 3-6 months... some call it opportunity for developing trusted businesses or expanding already established trust from the community to somewhat of a brand while others just see honeypots.

edit: if I remind correctly, instead of 20% in fees to the auction house (stacksbowers.com) the seller got this discounted immediately to 10% just because selling some funded BTC-collectibles in bulk creates the volume justifiying the discount. Splitt this surplus 50/50 to coin holder and 'bridge' (basically an escrow who also gets the coins graded and deals with the auction house) and I'll take it.
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