WTS 2018 Bitcoin Penny™ PLATINUM Graded PR68 Reverse Auction

[DaveF]

No idea what the value of this is, and since were are so few of them made and even fewer graded I figure a reverse auction is the way to go.
Could be totally wrong, but why not give it a shot.

For those not familiar, a reverse auction is where I start the bidding at price "X" which may or may not be high for what the item is worth and then over time I slowly drop it until someone buys it.

And it also allows for more privacy, you can PM me that you want it and you get it. No, public info if you don't want it.

Check below the images for more information.





It originally sold for BTC0.07  https://bitcointalk.org/index.php?topic=4731555.0
So that is where I'll start this.

The payment address is: bc1qdufcfvlqtuhed84qrs4lfrhfla2ryw6jzljezu

Will drop it every few days until it sells.

So as of 28-May-2023 it's BTC0.07 shipped US
4-June-2023 Dropping to BTC0.0625
8-June-2023 Dropping to BTC0.0600
19-June-2023 Dropping to BTC0.0575
25-June-2023 Dropping to BTC0.0525
6-July-2023 Dropping to BTC0.05
31-July-2023 Dropping to BTC0.0475

I WILL NOT ship this out of the US. This not me being difficult. I cannot leave things that need customs forms at either my home or job to be picked up, and since I violated the no international rule the other day I have had something that sold on another unrelated forum in my car for over a week trying to get to the Post Office during business hours to drop it off. I know minerjones https://bitcointalk.org/index.php?action=profile;u=346731 has re-shipped internationally for other people here so he might be able to do it for this too. But, I am not volunteering his (or anyone) else's reship service.

If you have any other questions feel free to ask. (And yes, Dave are you out of your mind asking so much for this is a valid question, but the answer still is...don't know what it's worth so it's as good a place as any to start it...)

[1714691793]

1714691793

[1714691793]

1714691793

[1714691793]

1714691793

[1714691793]

1714691793

[1714691793]

1714691793

[av8rjeff]

Cool...will be fun to watch this one.  GLWRA

[MoparMiningLLC]

if it helps - I will volunteer to re-ship for any international buyers - DaveF, if ok with that can ship to me and I will reship. Again - only if both seller and buyer agree.

[owlcatz]

I have one of these as well in an ICG slab. You can see from the angle that the coin is sorta falling out of it's insert/rubber coin holder on one side.

FWIW, mine has the same issue. I guess they slabbed it a bit too loose in the size of the rubber insert.

I think PT was worth a bit more at the time these sold, but I can't recall exactly. GL, I like the format, it's interesting/different....

watching... 

[Kryptowerk]

Watching. How many of these are out there?
Are there ANY other platinum crypto collectibles along this wonderful rarity?

Good luck with the auction, reverse is a cool idea.

@owl: True, Platinum didn't appreciate in value like gold did, but still it's probably the only Bitcoin themed collectible made of platinum.

[DaveF]

Watching. How many of these are out there?

According to the link: https://bitcointalk.org/index.php?topic=4731555.0 there are 70 of them. No idea how many still exist, i'm assuming most but obviously can't prove anything.

Using the date from the ann thread BTC was between $7000 to $8000. So, using today's BTC price I am asking for about a 3.25 to 3.5x premium on it. BUT looking at what other things sell for it's not that out of line.

The 2019 was cancelled. https://bitcointalk.org/index.php?topic=5183424 So unless there is some other oddball one out there this is it for PT coins.

I have one of these as well in an ICG slab. You can see from the angle that the coin is sorta falling out of it's insert/rubber coin holder on one side.

FWIW, mine has the same issue. I guess they slabbed it a bit too loose in the size of the rubber insert.

I think PT was worth a bit more at the time these sold, but I can't recall exactly. GL, I like the format, it's interesting/different....

watching...  

Mind if I ask what yours was graded at?

And yeah, I think they used the gold insert and since platinum is 10% heavier then gold it's loose since it's 10% smaller

-Dave

[owlcatz]

Mind if I ask what yours was graded at?

And yeah, I think they used the gold insert and since platinum is 10% heavier then gold it's loose.

-Dave

Mine is a PR69 DCAM ... And yeah that would make sense about the loose insert, thanks.

[DaveF]

Bump and price drop to BTC0.0600

-Dave

[buckrogers]

Watching. How many of these are out there?

According to the link: https://bitcointalk.org/index.php?topic=4731555.0 there are 70 of them. No idea how many still exist, i'm assuming most but obviously can't prove anything.

Using the date from the ann thread BTC was between $7000 to $8000. So, using today's BTC price I am asking for about a 3.25 to 3.5x premium on it. BUT looking at what other things sell for it's not that out of line.

The 2019 was cancelled. https://bitcointalk.org/index.php?topic=5183424 So unless there is some other oddball one out there this is it for PT coins.

I have one of these as well in an ICG slab. You can see from the angle that the coin is sorta falling out of it's insert/rubber coin holder on one side.

FWIW, mine has the same issue. I guess they slabbed it a bit too loose in the size of the rubber insert.

I think PT was worth a bit more at the time these sold, but I can't recall exactly. GL, I like the format, it's interesting/different....

watching...  

Mind if I ask what yours was graded at?

And yeah, I think they used the gold insert and since platinum is 10% heavier then gold it's loose since it's 10% smaller

-Dave

Love these "Bitcoin Penny's" - I have 3 graded from ICG as well.

Good luck with the RA Dave, definitely a rare platinum piece for any collector to have in their chest


- Thanks!

[DaveF]

Bump and price drop to BTC0.0475
Figured by now someone would have grabbed it, yes .0475 is a fair amount of money, but for a rare collectable like this I figured it would been sold.

Kind of interesting, wonder what the true pain price is for collectables and people not wanting to spend more then a certain amount on them.
Or is it just people don't want to part with their BTC?

-Dave

[Kryptowerk]

Bump and price drop to BTC0.0475
Figured by now someone would have grabbed it, yes .0475 is a fair amount of money, but for a rare collectable like this I figured it would been sold.

Kind of interesting, wonder what the true pain price is for collectables and people not wanting to spend more then a certain amount on them.
Or is it just people don't want to part with their BTC?

-Dave

Ah, forum sales are dead for the most part. I noticed this a while ago, but thought it would have recovered by now. Not the case but it will happen eventually.
Have you tried putting it on scarce.city - not sure if they offer a normal sale option that's not an auction, though.
I already got one of these, otherwise I'd be pretty tempted with a first (and only one) platinum collectible.

[DaveF]

Bump and price drop to BTC0.045
Fall is here and the car shows where I was spending time to move that stuff is coming to an end, so time to move more crypto items.

Will keep moving things out bit more, depending on my free time.

-Dave