How would you safely sale a Casascius coin

[LN-noob]

What would be the safest and recommended way to sell an unpeeled 1 BTC Casacius coin ?
I assume face to face meeting is a must as the value is too high for it to be posted.

Any idea how much these coins (2013 brass coin) should fetch on average ? 
I'm wondering if this is even worth the risk / effort than just peeling it and move the BTC

[minerjones]

Premiums are pretty much non-existent due to current pricing of bitcoin.

Best move is to peel/redeem the coin and then if you don't want the carcass, can auction off/sell on here.
Current market value is around $1000 per coin (per Ebay sales)

Happy to help with any logistics/escrow needed

[LN-noob]

Thanks. I've assumed as much.

Just curious if those ever going to fetch 2-3 BTC again how would one go about selling / buying such asset ?
Any physical items on similar value (200-500K USD) that were sold here ?

[minerjones]

Thanks. I've assumed as much.

Just curious if those ever going to fetch 2-3 BTC again how would one go about selling / buying such asset ?
Any physical items on similar value (200-500K USD) that were sold here ?

No, never... current premiums on brass Cas coins is 0.05BTC or less.
If this reward is worth the risk for you, you would still need to figure out logistics of transferring the coin and costs incurred by doing so.

Many items used to be sold for larger premiums, mostly back in the 2016-2018 period.

[BookofNick]

The only way Cas coins are going back to even a 0.5 premium is if BTC price goes back below $10,000. If you think that is going to happen, you can hodl your coin until then.

If a trusted community member gave you an offer of 0.05 over peel value, and you were in a position to safely make the trade, then go for it. But for many, those stars don't always line up perfectly. Peeling is certainly the safest and most convenient way to "cash in" on the value on the coin.

Another option is to keep it intact. It's a good way to give a "diamond hands" effect to "paper hand" people.

Not saying you're paper hand, but you know what I mean...

[blucepheus]

Another option is to keep it intact. It's a good way to give a "diamond hands" effect to "paper hand" people.

That is precisely why I still have a few of these coins (despite finding them to be a really incredible part of Bitcoin history). If it wasn’t for the coins, doubt I’d have had the discipline to HODL 

[alandelon]

sure, it's the same as what minerjones says. I have a 0.1 bhcoin, I wanted to sell it, but he explained the risks that one can run, so I decided to peel the coin and keep the 0.1. In my case, it's not a Casascius coin, but a bhcoin. What’s certain is that I'll sell it in the future because I cut it with precision to keep the hologram intact, and that way the coin has even more value. I recommend that when you go to redeem it, you cut it in a circular shape around the private key, so you can keep the hologram intact and it will have even more value. Best of luck.

[MarketNeutral]

sure, it's the same as what minerjones says. I have a 0.1 bhcoin, I wanted to sell it, but he explained the risks that one can run, so I decided to peel the coin and keep the 0.1. In my case, it's not a Casascius coin, but a bhcoin. What’s certain is that I'll sell it in the future because I cut it with precision to keep the hologram intact, and that way the coin has even more value. I recommend that when you go to redeem it, you cut it in a circular shape around the private key, so you can keep the hologram intact and it will have even more value. Best of luck.

This.

Do all you can to keep the hologram intact.

[SimpleThings]

If the price is right and you're willing to use minerjones as escrow i may take it.
Dm me

[LN-noob]

The only way Cas coins are going back to even a 0.5 premium is if BTC price goes back below $10,000. If you think that is going to happen, you can hodl your coin until then.

I'm not sure I agree. If "owning" a monkey pictures can be priced at 21M USD so can a real rare piece of bitcoin history.
also unpeeled coins will become rarer as BTC price increases. How much do you think this coin will fetch if there are only 10 left ? what about 1 ?

For me this is not about paper hands I want to keep the BTC but these coins are essentially glorified paper wallets. The risk of it being stolen / burn / lost are much greater than more modern ways to keep your keys,

As stated above I'm pretty sure this coins will fetch 2-3 BTC and up as BTC price increases, but at some point it will a major liability to keep them in this form without taking some serious security measures

If the price is right and you're willing to use minerjones as escrow i may take it.
Dm me

What price are you offering ? LOL

When I wrote my post my assumption was that anything below 2.5 BTC won't be worth the risk / hassle.
I can consider lower price if we can mitigate my risk to 0 & buyer takes all shipping or delivery costs but I think my min price will still be much higher than what you have in mind
  

[aoluain]

The only way Cas coins are going back to even a 0.5 premium is if BTC price goes back below $10,000. If you think that is going to happen, you can hodl your coin until then.

I'm not sure I agree. If "owning" a monkey pictures can be priced at 21M USD so can a real rare piece of bitcoin history.
also unpeeled coins will become rarer as BTC price increases. How much do you think this coin will fetch if there are only 10 left ? what about 1 ?

For me this is not about paper hands I want to keep the BTC but these coins are essentially glorified paper wallets. The risk of it being stolen / burn / lost are much greater than more modern ways to keep your keys,

As stated above I'm pretty sure this coins will fetch 2-3 BTC and up as BTC price increases, but at some point it will a major liability to keep them in this form without taking some serious security measures
  

Couple of things to pick through on this, Just like the market for $21m for a Monkey
pic is over so too have the chances of someone willing to pay you or anyone up to
BTC2 premium on a loaded Brass coin, as I posted in a similar thread to this here on the
collectibles board - the Bitcoin market is eroding your chance of your desired premium.

Maybe if yours is the only one loaded in the future you can command such a premium,
but yea if my aunt had a c∅ck.....

IMO you are applying a premium of yesteryear to todays Bitcoin record breaking market
and believing it normal that someone would give you $160,000 over load value - apologies
I cant see it happen but more power to you if it does.

[PreciousMetapsICT]

my only advice is to not peel... never peel!

cut around the key with a razor blade like I've seen others do... cough couch otoh cas coins (please correct me if i'm wrong!)

preserve the holo and value but still don't risk delivering almost 90k worth of fiat for maybe 4k premium (really doubt thats an offer cuz transportation and risk)

[SimpleThings]

The only way Cas coins are going back to even a 0.5 premium is if BTC price goes back below $10,000. If you think that is going to happen, you can hodl your coin until then.

I'm not sure I agree. If "owning" a monkey pictures can be priced at 21M USD so can a real rare piece of bitcoin history.
also unpeeled coins will become rarer as BTC price increases. How much do you think this coin will fetch if there are only 10 left ? what about 1 ?

For me this is not about paper hands I want to keep the BTC but these coins are essentially glorified paper wallets. The risk of it being stolen / burn / lost are much greater than more modern ways to keep your keys,

As stated above I'm pretty sure this coins will fetch 2-3 BTC and up as BTC price increases, but at some point it will a major liability to keep them in this form without taking some serious security measures

If the price is right and you're willing to use minerjones as escrow i may take it.
Dm me

What price are you offering ? LOL

When I wrote my post my assumption was that anything below 2.5 BTC won't be worth the risk / hassle.
I can consider lower price if we can mitigate my risk to 0 & buyer takes all shipping or delivery costs but I think my min price will still be much higher than what you have in mind
  

I truly hope you don't believe someone will pay you extra 1btc for the brass coin itself. That's not happening.
And using minerjones as escrow is already 0 risk. But i don't blame you for being newbie and looking for unrealistic prices and ignoring the minerjones escrow request. Thanks for pointing out that's a time waste before we go to conversation about it.
With your price request looks like you're looking more for a scammer that will say anything you want to hear instead of legitimate buyer.
Good luck with your sale

[LN-noob]

I truly hope you don't believe someone will pay you extra 1btc for the brass coin itself. That's not happening.

I think I made it clear what I believe this can fetch, If you can or don't want to pay it it's up to you.
I think it's pretty clear you understand the value otherwise you wouldn't just jumped in to try and get it unpeeled

And using minerjones as escrow is already 0 risk. But i don't blame you for being newbie and looking for unrealistic prices and ignoring the minerjones escrow request.

Maybe low risk but just having a trusted escrow is not a guarantee here, maybe if he picks the coin in person, which doesn't make sense with the price mark you suggesting

With your price request looks like you're looking more for a scammer that will say anything you want to hear instead of legitimate buyer.
Good luck with your sale

The best way to get scammed is to DM someone who doesn't provide any meaningful details instead communicating in an open thread.
Also I wasn't looking for a seller just trying to understand how one would go about selling property with such high value which I would still love to get an answer for if anyone here got to do any trades for such value before

[krogothmanhattan]

I truly hope you don't believe someone will pay you extra 1btc for the brass coin itself. That's not happening.

I think I made it clear what I believe this can fetch, If you can or don't want to pay it it's up to you.
I think it's pretty clear you understand the value otherwise you wouldn't just jumped in to try and get it unpeeled

And using minerjones as escrow is already 0 risk. But i don't blame you for being newbie and looking for unrealistic prices and ignoring the minerjones escrow request.

Maybe low risk but just having a trusted escrow is not a guarantee here, maybe if he picks the coin in person, which doesn't make sense with the price mark you suggesting

With your price request looks like you're looking more for a scammer that will say anything you want to hear instead of legitimate buyer.
Good luck with your sale

The best way to get scammed is to DM someone who doesn't provide any meaningful details instead communicating in an open thread.
Also I wasn't looking for a seller just trying to understand how one would go about selling property with such high value which I would still love to get an answer for if anyone here got to do any trades for such value before

  The best way to sell such an item of such value? That can get complicated unless you know the person is trustworthy.

   If its a trusted person such as MinerJones, then an in person meet and swap coin for BTC would be the way I would do it.

   At these prices that BTC is at, caution is of the utmost importance as one can easily get robbed.

   Again I would follow what Minerjones has to say as he has been around for years and I have met in person  many times.

   SO good luck on your sales.

[owlcatz]

The only way Cas coins are going back to even a 0.5 premium is if BTC price goes back below $10,000. If you think that is going to happen, you can hodl your coin until then.

If a trusted community member gave you an offer of 0.05 over peel value, and you were in a position to safely make the trade, then go for it. But for many, those stars don't always line up perfectly. Peeling is certainly the safest and most convenient way to "cash in" on the value on the coin.

Another option is to keep it intact. It's a good way to give a "diamond hands" effect to "paper hand" people.

Not saying you're paper hand, but you know what I mean...

Too bad there's not a remind me feature here. I'd really like to at least live long enough (20 years hopefully lol)? to see what these fetch someday on auction sites.

Many have told me how bitcoin this year/cycle is not "Mania" like last time, but I attribute it to FTX and the rest of the scams that basically made the word crypto==scam to normal people. :\

[Not in Town]

I would assume that only the 1000 BTC gold ones would get a large premium since they are so rare. Only 3 coins and 2 bars are active. If you had one of these godly items, I'm sure you could charge whatever you want. A 50% (500 BTC) premium would not be out of the question.

And hey, we could see premiums come back to the lesser Casascius coins if people keep peeling!

[Ya man]

I am brand new on here and this info is very useful.
I have an unredeemed 2013 1BTC Brass Casascius (Ungraded) and would be willing to sell to a genuine collector using Escrow.

As with everybody else, I'm also trying to figure out a value. BTC Value + Forked Coin Value is the easy bit. The Collectible/Rarity premium is the price that needs negotiation.

Please contact me if you are interested.
More than happy to do this on the forum so future Casascius buyers and sellers can reference it for info.

[PreciousMetapsICT]

I am brand new on here and this info is very useful.
I have an unredeemed 2013 1BTC Brass Casascius (Ungraded) and would be willing to sell to a genuine collector using Escrow.

As with everybody else, I'm also trying to figure out a value. BTC Value + Forked Coin Value is the easy bit. The Collectible/Rarity premium is the price that needs negotiation.

Please contact me if you are interested.
More than happy to do this on the forum so future Casascius buyers and sellers can reference it for info.

Peel - Redeem - sell the carcass

I am not buying 90k+ worth of bitcoin from a coin without verifiable history. Too much risk! The holos are GREAT but its not impossible to exploit.

Good luck, but peel and redeeming is your best bet

[Bigdaddyaz]

The only way Cas coins are going back to even a 0.5 premium is if BTC price goes back below $10,000. If you think that is going to happen, you can hodl your coin until then.

If a trusted community member gave you an offer of 0.05 over peel value, and you were in a position to safely make the trade, then go for it. But for many, those stars don't always line up perfectly. Peeling is certainly the safest and most convenient way to "cash in" on the value on the coin.

Another option is to keep it intact. It's a good way to give a "diamond hands" effect to "paper hand" people.

Not saying you're paper hand, but you know what I mean...

I agree with what everyone’s posted about disappearing premiums, but I couldn’t resist pointing out that if Justin Sun will pay $6.2 million for a banana taped to a wall, it’s plausible that another extremely wealthy person out there would buy a 1BTC Casascius for 2BTC. Just keeping the hope alive