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MoparMiningLLC
aka Stryfe
Legendary
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Activity: 2240
Merit: 2403
EIN: 82-3893490
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August 14, 2023, 06:33:33 PM |
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now in these cases is the load value taken into consideration when looking at the value as the majority of the price may be directly linked to the loaded value instead of the numismatic value - I will be curious to see the amount over load that the coin gets and would almost consider that to be the coins "value" separate from the load value.
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elianite (OP)
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The Cryptonumist
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August 15, 2023, 08:59:36 AM |
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good catch- yes, the bid price is for the whole coin including load value, which makes the 250k technically uninteresting beyond being a milestone for an actual $ amount bid on a "Bitcoin" which will grab the attention of collectors unfamiliar with these. The "real" auction is this Friday, and the reserve price will ensure that it can't sell below the load value. Previously they've been doing 2-3x load for silvers, so popcorn's out.
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New book: BLOCKLAND: 21 Stories of Bitcoin, Blockchain, and Cryptocurrency www.cryptonumist.com/blocklandAuthor of Encyclopedia of Physical Bitcoins and Crypto-Currencies. View a free sample and Buy the book at https://cryptonumist.comTo prevent hacks, DO NOT send me BTC above $300 value before first emailing coins@cryptonumist.com to confirm. Beware of scammers on Telegram/Instagram etc.
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stillherehodling
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August 15, 2023, 10:03:41 AM |
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JanEmil
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August 15, 2023, 10:38:14 AM |
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good catch- yes, the bid price is for the whole coin including load value, which makes the 250k technically uninteresting beyond being a milestone for an actual $ amount bid on a "Bitcoin" which will grab the attention of collectors unfamiliar with these. The "real" auction is this Friday, and the reserve price will ensure that it can't sell below the load value. Previously they've been doing 2-3x load for silvers, so popcorn's out.
You always have the risk the QR somehow can't claim the BTC. History has shown that you cannot set it to 0. Agree for Casascius close to 0 but still. I will say 1 BTC on a coin not equal to 1 BTC in a wallet you control. If you are very rich, you can better ignore that risk. But if I were to buy 10 BTC coin, it is not a risk I could ignore. So would not pay load.
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owlcatz
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August 15, 2023, 10:51:45 PM |
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I've been watching this site for quite a while, much longer than S&B, and I think most crypto stuff goes for much less of a premium there. No idea why, maybe those folks are not as educated, or what.... Just my observations based on past auctions I recall watching I guess, IDK.. 🤷♂️
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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August 16, 2023, 10:35:26 PM |
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Very interesting and exciting to see this hit the auction block. I wouldn’t be surprised to see this sold for over $400K, as that’s what it would take to get one of mine currently. Hoping it’ll set off a bidding war that will surpass my expectations but you never know. Maybe people won’t want to scale the premium and we’ll see it sold for just over 10 BTC. Either way, I’m curious.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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krogothmanhattan
Cypher Hodl LLC
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The Stone the masons rejected was the cornerstone.
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August 17, 2023, 07:53:02 PM |
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I've been watching this site for quite a while, much longer than S&B, and I think most crypto stuff goes for much less of a premium there. No idea why, maybe those folks are not as educated, or what.... Just my observations based on past auctions I recall watching I guess, IDK.. 🤷♂️ I gotta agree....Stacks and Bowers gets much better prices than greatcollections! Actually it went for less than load value unless you calculated the buyers fees from the auction.
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owlcatz
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August 19, 2023, 01:59:00 AM |
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So the 10BTC coin went for 260K on S&B tonight? I mean, yeah it's higher than load but it started at 250K.... Only one bid I think? Then the 1 BTC Cas coins went for soooo much more than face lol... S&B FTW, fuck GreatCollections unless you wanna flip I guess? Edit - strangely, it's not much different on the above auction, but then again, the timeframes I did not take into account
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henkcryptotank
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August 19, 2023, 07:49:37 AM |
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So the 10BTC coin went for 260K on S&B tonight? I mean, yeah it's higher than load but it started at 250K.... Only one bid I think? Then the 1 BTC Cas coins went for soooo much more than face lol... S&B FTW, fuck GreatCollections unless you wanna flip I guess? Edit - strangely, it's not much different on the above auction, but then again, the timeframes I did not take into account It says 312k? Or is that with all costs included.
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SurfinPanda
Copper Member
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August 19, 2023, 01:03:51 PM |
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Is anyone else surprised by the prices of some of the lower denomination loaded coins? Seems like these sold for much higher this time than previous S&B auctions - for example the Satori chips
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owlcatz
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August 19, 2023, 01:16:14 PM |
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Is anyone else surprised by the prices of some of the lower denomination loaded coins? Seems like these sold for much higher this time than previous S&B auctions - for example the Satori chips
Yeah that was cool to see. Even the alpen coin went for like 400 bucks I think.
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BookofNick
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August 19, 2023, 02:13:07 PM |
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Sold price of $312k, seems decent, except when you consider we're likely one good bull run away from this being a $ million coin.
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iBitcoinHongKong8
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August 19, 2023, 04:13:30 PM |
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Sold price of $312k, seems decent, except when you consider we're likely one good bull run away from this being a $ million coin.
It sold for 260k then add the 20% SB takes. So for everything you see on the sales page minus 20% for the actual sale price. Lower denominations did quite well. iBHK8
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elianite (OP)
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The Cryptonumist
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August 19, 2023, 07:36:54 PM |
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Lower denominations did quite well.
iBHK8
I think that's most notable with this auction- more people coming in with interest toward the "collector" category which is the sub-1k coins, with 1-3k being a notch higher. If anyone is interested in selling there, PM me.
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New book: BLOCKLAND: 21 Stories of Bitcoin, Blockchain, and Cryptocurrency www.cryptonumist.com/blocklandAuthor of Encyclopedia of Physical Bitcoins and Crypto-Currencies. View a free sample and Buy the book at https://cryptonumist.comTo prevent hacks, DO NOT send me BTC above $300 value before first emailing coins@cryptonumist.com to confirm. Beware of scammers on Telegram/Instagram etc.
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blucepheus
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August 20, 2023, 05:18:17 AM |
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Disappointing to see the 10 BTC go for the loaded value. Probably not the best timing given the sentiment around BTC and the broader financial markets.
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Lesbian Cow
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Disappointing to see the 10 BTC go for the loaded value. Probably not the best timing given the sentiment around BTC and the broader financial markets.
A long held, but controversial, opinion of mine is that we will see the high load value coins (like the Cas 25 or even 10) trade at less than face value at some point. There are risks such as a private key being illegible over time, the hologram has been tampered with, etc which will be priced in as the USD value of the coins increase.
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Gatorelf
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August 20, 2023, 04:36:38 PM |
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$32k buyers fee Think I would just find a private buyer
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2stout
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August 20, 2023, 05:36:15 PM |
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$32k buyers fee Think I would just find a private buyer I hear you, but most likely it would have been more expensive from a private buyer, assuming seller is looking for a 20% premium (IMHO, not unreasonable for such a rare coin) and private buyer is charging 3% commission. In addition, shipping and risks haven't been taken into account in this scenario for which Stacks and Bowers would be on the hook.
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