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Ente
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April 22, 2014, 09:25:43 AM
 #1

Edit 2:
Current bid: 3.5 BTC.
Deadline: 23:59 2014-05-20 CET


I have a special 1 BTC 2011 S1 Casascius coin for sale.
Of all my coins, it is the one in the best condition.

I bought it in 2011, only ten days after it was minted:
http://casascius.uberbills.com/?address=15YZZSp4JE1wZ8w52NFf4TSe635cP74Hei

It was a birthday present for my brother-in-law, a mathematician and numismatic.
Now he wants to exchange it for 'real bitcoins' (which bears some irony..).

The coin was in its protective case all the time, today was the only time since 2011 the case was opened for the photos.





The coin is in mint state. You can see mirror-like reflections here.



A good view of the surface. It was never cleaned, wiped, dusted or anything.



It is completely scratch free.



Hologram and printing in perfect condition. I must admit there's a spelling error, though.



I planned to have it ANACS graded, as it would score one of the top grades.
They never replied to my inquiry, and I won't risk several coins without confirmation of full-value insured shipping internationally.


I sell it for my brother-in-law, all is handled and decided by me bare the decision if the offered price is acceptable.
Depending on who the buyer is, I will ship first or insist on payment first or an escrow.
I can provide the exact date and name of who received the shipping from Mike, I got this coin the same day it arrived here.


This might turn out as an incredible investment. The until-now highest graded coin, a first-day with MS-67 grade, sold for 50 bitcoins.
Buy this one here, send it to ANACS, and it's market value might go up anywhere from two to ten times.


Starting bid is 4.6  lowered to 3.9 bitcoins.

edit 1:
The winning bid turned out to probably be a scamming attempt:
https://bitcointalk.org/index.php?topic=600223.0
This coin is again up for sale.

Ente
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Ente
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April 24, 2014, 12:41:07 PM
 #2

Bump.
I'd prefer to sell it here, in the community, than on ebay or elsewhere..

Ente
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April 25, 2014, 10:05:15 AM
 #3

The currently highest bid is 5.0 BTC via PM.
This meets the owners minimum price, so the coin will be sold here in this thread.
Insured shipping&handling is included.

The deadline for bidding is Monday 11:59pm UTC.
Current winning bid: 5.0 BTC.


Ente
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April 27, 2014, 10:02:51 PM
 #4

24h left. Make your bids, gentlemen!

Ente
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April 27, 2014, 11:50:45 PM
 #5

Very beautiful! I will be watching  Roll Eyes

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April 29, 2014, 06:49:53 AM
 #6

..and the winning bid is 5.0 BTC over PM.
Congratulations!

Thank you everyone for watching.

Ente
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May 08, 2014, 07:34:10 AM
 #7


The winning bid turned out to probably be a scamming attempt:
https://bitcointalk.org/index.php?topic=600223.0
This coin is again up for sale.

Starting bid, again, is at 4.6 BTC.

Ente
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May 08, 2014, 09:28:20 AM
 #8

might be interested - is there a new deadline?
Ente
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May 08, 2014, 11:46:00 AM
 #9

might be interested - is there a new deadline?

No deadline yet, I'll leave this open for a few days.
Would you prefer to have or not to have a deadline?
After bids come in, I'll set a reasonable deadline, which should be in everyones interest too I guess.

Ente
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May 10, 2014, 06:56:25 AM
 #10

Bump!
Don't miss out on this opportunity!

Ente
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May 13, 2014, 08:12:00 AM
 #11

Bid price lowered to 3.9 bitcoin, before throwing this casascius coin at ebay.

Ente
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May 13, 2014, 02:07:58 PM
 #12

Probably best to eBay it..ungraded for 3.9BTC is not going to happen.

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May 14, 2014, 08:57:02 AM
 #13

What's the spelling mistake?
Ente
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May 15, 2014, 06:53:43 AM
 #14

What's the spelling mistake?

The very first coin Casascius produced, the 2011 "1 Bitcoin", first series, had a spelling error in the hologram. It says "casacius" instead of "casascius". The second series and all other coins have the correct spelling.
Some people say this makes the first series more valuable, comparable to stamps with printing errors. Fact is, all first edition have that error, and those are special and rare by themselves already.

Ente
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May 15, 2014, 02:39:46 PM
 #15

Probably best to eBay it..ungraded for 3.9BTC is not going to happen.

Kind of a shame that the market is not here and it is on eBay.  The 2011 series 1 ungraded go for about $1500 there so minus fees that is about $1350. 

Graded coins go for more, and series 2 which are worth LESS then a series 1 tend to go for $1900 in good condition.   I would estimate that if you got it graded as something ms-63 or greater you could get $2500 for it. 

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May 15, 2014, 02:44:50 PM
 #16

Probably best to eBay it..ungraded for 3.9BTC is not going to happen.

Kind of a shame that the market is not here and it is on eBay.  The 2011 series 1 ungraded go for about $1500 there so minus fees that is about $1350. 

Graded coins go for more, and series 2 which are worth LESS then a series 1 tend to go for $1900 in good condition.   I would estimate that if you got it graded as something ms-63 or greater you could get $2500 for it. 

It seems like I really should have that coin graded, as it's in such good condition.
I just don't trust ANACS that much, shipping internationally uninsured, they didn't even answer my mail..

I would need some trusted user in the US who does the ANACS stuff for me, and would -after selling it- send it to the buyer as well.

Ente
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May 15, 2014, 03:37:21 PM
 #17

Probably best to eBay it..ungraded for 3.9BTC is not going to happen.

Kind of a shame that the market is not here and it is on eBay.  The 2011 series 1 ungraded go for about $1500 there so minus fees that is about $1350. 

Graded coins go for more, and series 2 which are worth LESS then a series 1 tend to go for $1900 in good condition.   I would estimate that if you got it graded as something ms-63 or greater you could get $2500 for it. 

It seems like I really should have that coin graded, as it's in such good condition.
I just don't trust ANACS that much, shipping internationally uninsured, they didn't even answer my mail..

I would need some trusted user in the US who does the ANACS stuff for me, and would -after selling it- send it to the buyer as well.

Ente

I would give them a call and ask your questions over the phone.  Getting it graded is definitely the way to go if you believe it will get a high grade.
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May 15, 2014, 03:39:30 PM
 #18

I would be willing to help you out on the grading part...I have a 2011 error just done grading as we speak.


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May 15, 2014, 03:41:02 PM
 #19

I would love to have one of those, but I just don't have the money to buy it. Good luck with your auction Wink


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May 16, 2014, 11:55:22 AM
 #20

I bid 3.3 for it. Escrow by SebastianJu on me.
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