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Author Topic: Ultra-Rare Gold Physical BTC #35 Surface After 12 Years— Seeking New Collector  (Read 379 times)
krogoth
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Today at 02:58:17 PM
Merited by Rymaster (1)
 #21


So essentially if I’m understanding this correctly, this coin was setup to utilized a wallet passkey? Hence why you can print the private key in plain sight without worry on the QR code, because the wallet that is holding the funds is only accessible using the passkey. But were wallet passkeys even a thing back in 2014??


 

If they used BIP38 then yes...it was created in 2012 https://en.bitcoin.it/wiki/BIP_0038

  I did same thing in 2017 with this stamp loaded with 0.02 BTC that has been online since 2017 and has never been breached

https://www.crypto-stamps.com/private3.html

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>CIPHER BILLS-CIPHER BONDS-CIPHER STAMPS * www.CYPHERHODL.com * COLD STORAGE BITCOIN CERTIFICATES <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
WhyFhy
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Today at 04:32:55 PM
 #22

Funding link: https://mempool.space/address/1HrT7P815aoj3DdsbhvKa2EEYPWNEMUn8o

Current gold price + load = 1.08BTC

I would imagine this sells for somewhere between 1.5-2BTC

Unlike most physical Bitcoins that were sold at face value + small markup, this series was never commercial. Each coin cost ~5 BTC to produce in 2014 (1 BTC loaded + 2BTC worth of gold + 2 BTC minting/overhead from a 500 BTC community fund). The Minters spent 5× face value per coin.

For context: Casascius 1 BTC brass coins (tens of thousands minted) trade at 1-4 BTC. This series has 100 total, struck in gold, each physically unique. How would you approach valuing something like this?

For context: Casascius coins are not trading at 1-4 btc... you would be lucky to get more than 1.2BTC for a brass one


Your 2014 vs 2026 evaluation at 1.5 - 2BTC is well nuts .... 40k-90k variable on novelty?
I'm pretty sure general consensus around here is ~10%-20% novelty hike.
Maybe 100% on smaller and cheaper items as an inconvenience tax.

i find your statement novelty offensive. These coins have transitioned away from novelty and straight into respected collector class. I suggest familiarizing yourself with the physical bitcoin auction scene before insulting our industry. The unfunded 1000 cas coin just sold at 93k. These coins we collect are some of the most valuable on the planet. This coin who knows what it will go for. Never seen one sell.



The risks are to great with this coin. To many unanswered questions with regards to funding. It should be peeled and swiped and the gold coin sold for gold value plus premium. Im sure it will be a highly sought after coin. The OP should not be on reddit trying to sell this to newbies. This is an advanced transaction for an OG collector to navigate.

[mod note: Merged consecutive posts]
No high confidence provenance means no provenance premium.

"Actually I did not initially work on games at APh.  My first year or so I was working on cash register software." -Hal Finney
https://www.ataricompendium.com/archives/interviews/hal_finney/interview_hal_finney.html
goldphysicalbitcoin (OP)
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Today at 05:50:42 PM
 #23

I see makerwatch.space shows a different BTC wallet address for this coin, #35, then what is listed above.
makerwatch.space has only 100 addresses, and there is no correspondence between the numbers and the addresses. Therefore, their numbers are automatically generated in alphabetical order of the addresses.

2014 Gold BTC relics: gold coins fused w/ BTC keys. https://goldphysicalbitcoin.com
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