Bitcoin Forum
May 02, 2024, 04:44:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Mint condition Casascius Bitcoin for sale  (Read 1483 times)
TheBestBTCdeals (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
June 05, 2014, 10:06:50 PM
Last edit: June 08, 2014, 10:50:00 PM by TheBestBTCdeals
 #1

I am selling a mint condition Casascius Bitcoin. This is a very rare piece, Casascius no longer sells them. The hologram on this Cascius Bitcoin has never been peeled off, and the 1 Bitcoin within it is still intact as can be seen on the blockchain https://blockchain.info/address/1CsDFTqAwvyBwgX4EQjoJeSsSq9cxH2KSe

Here are the images of the front and back:

https://i.imgur.com/EAR6QW4.jpg

https://i.imgur.com/ueC076c.jpg

The starting bid is 1.5 BTC.

I will accept Bitcoin, DarkCoin, and Dogecoin for this Casascius Bitcoin. Also I can accept western union and moneygram.

I look forward to doing business with you! Smiley
1714668273
Hero Member
*
Offline Offline

Posts: 1714668273

View Profile Personal Message (Offline)

Ignore
1714668273
Reply with quote  #2

1714668273
Report to moderator
1714668273
Hero Member
*
Offline Offline

Posts: 1714668273

View Profile Personal Message (Offline)

Ignore
1714668273
Reply with quote  #2

1714668273
Report to moderator
1714668273
Hero Member
*
Offline Offline

Posts: 1714668273

View Profile Personal Message (Offline)

Ignore
1714668273
Reply with quote  #2

1714668273
Report to moderator
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714668273
Hero Member
*
Offline Offline

Posts: 1714668273

View Profile Personal Message (Offline)

Ignore
1714668273
Reply with quote  #2

1714668273
Report to moderator
1714668273
Hero Member
*
Offline Offline

Posts: 1714668273

View Profile Personal Message (Offline)

Ignore
1714668273
Reply with quote  #2

1714668273
Report to moderator
1714668273
Hero Member
*
Offline Offline

Posts: 1714668273

View Profile Personal Message (Offline)

Ignore
1714668273
Reply with quote  #2

1714668273
Report to moderator
bithalo
Legendary
*
Offline Offline

Activity: 1470
Merit: 1017


Star Wars Ep. 9 is here


View Profile
June 06, 2014, 12:50:21 AM
Last edit: June 06, 2014, 02:45:23 AM by bithalo
 #2

You might want to have this moved to the Auction forum if you're requesting bids.

I'd ask for a lot less for this non-error, non-graded Casascius v2 1 BTC Brass.  The error ones are going for what you're asking.

Co-author to the Encyclopedia of Physical Bitcoins.  More details can be found at https://bitcointalk.org/index.php?topic=2767515.0
Wardrick
Legendary
*
Offline Offline

Activity: 1022
Merit: 1000


View Profile
June 06, 2014, 02:25:31 AM
 #3

Why are these so valuable? It's just a physical BTC made by a forum member. Is there a way to verify people don't just duplicate these and re-sell them as legitimate coins?
TookDk
Legendary
*
Offline Offline

Activity: 1960
Merit: 1062


One coin to rule them all


View Profile WWW
June 06, 2014, 12:36:39 PM
 #4

Why are these so valuable? It's just a physical BTC made by a forum member. Is there a way to verify people don't just duplicate these and re-sell them as legitimate coins?

All Casascius coins goes for a high premium these days, especially the first batch (the "error coin"), the reason for the high price is that it is a collectable.
You have to be a collector or a fan of Mike's work to appreciate the coins.

As for the duplicates  - they have already been spotted on ebay:
http://casascius.wordpress.com/2014/02/05/beware-of-fakes-on-ebay/

The possibility of a fake is definitely something you should be aware of as a collector. Nevertheless I have only seen one case for Casascius coins.

I followed the case about the fake 25 BTC here on the forum - there was basically two forum members with the same coin (same public key).
Mike helped verify which member who owned the right coin.

I have seen one case for Smoothies coins (the 25 LTC), but it is more a cheap knock off than a copy.

Cryptography is one of the few things you can truly trust.
Justin00
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
June 06, 2014, 12:59:20 PM
 #5

grrr I have always wanted one of them... but i don't just USPS or aust post lol Sad
maybe one day eeeh.

DRKLord
Member
**
Offline Offline

Activity: 84
Merit: 10

DRK Developer


View Profile
June 06, 2014, 05:01:41 PM
 #6

I would like to chime in here, if I may...

I am the original owner of this coin, and I have entrusted it to "TheBestBTCDeals" to sell for me for a % commission of the proceeds. I buy all my digital BTC from him for MoneyPaks and Vanilla Reloads and we regularly text each other directly and communicate outside of the forums. In fact, I owe him some trust/feedback for the smooth and successful transactions.

For the sake of being honest, I would like to correct something... the coin isn't in "true" mint condition. It has been handled before and was not kept in an air-tight case; it spent most of its life sitting in a little wooden box on a shelf out of sight. But with a little brass polish and a soft cloth you can make it shine as brightly as it did on the day of its minting... It's undamaged and has no visible defects.

When Mike Caldwell (aka Casascius) created his coins, he put the first chunk of the Bitcoin address on the back so users could verify that the coin still held its denominated face value in BTC. You can see this quite clearly on the back of the coin:

1CsDFTqA

Using this string, you can search the Casascius database to ensure the coin is still unredeemed:
http://casascius.uberbills.com/?address=1CsDFTqAwvyBwgX4EQjoJeSsSq9cxH2KSe

As you can see, the coin is still "Active" and unredeemed. The string "1CsDFTqA" is the abbreviation of the address:
1CsDFTqAwvyBwgX4EQjoJeSsSq9cxH2KSe

And as the OP demonstrated, this address can be verified by blockchain.info to hold a value of 1.00 BTC:
http://blockchain.info/address/1CsDFTqAwvyBwgX4EQjoJeSsSq9cxH2KSe

This should clearly demonstrate it is authentic, not a counterfeit or copy of Casascius' work. And that the coin is unredeemed and still holds its original 1.00 BTC value! This is also apparent in the picture of the back which shows the anti-tamper hologram. If these holograms are peeled it leaves behind a honeycomb-like pattern that is plain to see. But this coin's hologram has never been peeled and is still completely in tact.  Smiley

Thanks, and I hope the OP is successful in selling this coin for me!  Cheesy

The DRK Lord

Luficrem si drolkrd eht!

DRK Tips: XvWrvpERfUN8r1LB9JDMZS3Yu2rSfEYrHk
icey
Legendary
*
Offline Offline

Activity: 1578
Merit: 1000


May the coin be with you..


View Profile
June 06, 2014, 05:55:00 PM
 #7

I wouldn't class that as 'Mint' myself. Looks quite from from it to be honest. Have you kept it in a airtite since buying it?
bithalo
Legendary
*
Offline Offline

Activity: 1470
Merit: 1017


Star Wars Ep. 9 is here


View Profile
June 06, 2014, 09:20:33 PM
 #8

Based on condition, and the fact this is a v2 (non-error), I would guestimate this worth about 1.2 btc. 

I think asking 2.5 btc is much too high.  But of course, you are free to list it at the price you want.

Co-author to the Encyclopedia of Physical Bitcoins.  More details can be found at https://bitcointalk.org/index.php?topic=2767515.0
DRKLord
Member
**
Offline Offline

Activity: 84
Merit: 10

DRK Developer


View Profile
June 06, 2014, 09:36:40 PM
 #9

Based on condition, and the fact this is a v2 (non-error), I would guestimate this worth about 1.2 btc. 

I think asking 2.5 btc is much too high.  But of course, you are free to list it at the price you want.

Condition is actually great. Just needs a bit of cleaning/shining. 1.20 BTC seems a little low/harsh... but I'm no expert. I'm discussing lowering the price with the OP.

Luficrem si drolkrd eht!

DRK Tips: XvWrvpERfUN8r1LB9JDMZS3Yu2rSfEYrHk
bithalo
Legendary
*
Offline Offline

Activity: 1470
Merit: 1017


Star Wars Ep. 9 is here


View Profile
June 06, 2014, 09:46:28 PM
 #10

I wouldn't recommend cleaning/shining.  Its best not to alter a coin's condition.

Co-author to the Encyclopedia of Physical Bitcoins.  More details can be found at https://bitcointalk.org/index.php?topic=2767515.0
CryptoKilla
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
June 07, 2014, 03:48:22 AM
 #11

I wouldn't recommend cleaning/shining.  Its best not to alter a coin's condition.

This is very true. Especially if you are not familiar with the proper technique, and even then it's still not a great idea. Most of the time it will just make things worse.

Get Free Bitcoin on Crypto Account!   24/7 CryptoCurrency Trading   ▷ Check
TheBestBTCdeals (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
June 08, 2014, 11:02:28 PM
 #12

New price is 1.5 BTC, to bring it more in line with the current market.
Melbustus
Legendary
*
Offline Offline

Activity: 1722
Merit: 1003



View Profile
June 09, 2014, 04:58:28 AM
 #13

NEVER clean a collectible coin! That kills any numismatic value. That goes for gold coins, silver coins, copper pennies, Casascius coins, etc... If you clean a 1 BTC Casascius coin, you might as well just redeem it for the 1 BTC.

Anyways, while this coin indeed is not a 2011 error coin, it *is* a 2012 coin, which is a good deal rarer than the 2013 brass issues. Personally, I'd price it between the 2013s and 2011s, accounting for condition (which perspective buyers can do for themselves), of course.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Justin00
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
June 09, 2014, 10:41:24 AM
 #14

would you accept 1.2 ?
also how much is shippng to AU
would need to be insured if possible.. ??

TheBestBTCdeals (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
June 09, 2014, 03:37:11 PM
 #15

would you accept 1.2 ?
also how much is shippng to AU
would need to be insured if possible.. ??

1.2 BTC is too low, but thanks for the offer. I am planning on insuring it and it can be shipped anywhere, but obviously I would lose money if I did all that and accepted such a low offer. 1.5 BTC is pretty much the minimum.
TheBestBTCdeals (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
June 10, 2014, 08:00:42 AM
 #16

It's still for sale. C'mon guys, it's nice and shiny  Smiley
TheBestBTCdeals (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
June 11, 2014, 11:50:35 PM
 #17

It's still available.
DRKLord
Member
**
Offline Offline

Activity: 84
Merit: 10

DRK Developer


View Profile
June 12, 2014, 01:11:57 AM
 #18

It's still available.

Friend of mine from the Darkcoin community has agreed to take it for 140.00 DRK. We're just working out the escrow and shipping details to finalize everything tonight.

Provided everything goes smoothly, which I'm quite confident it will, I will still pay you a nice tip for all of your help.  Smiley

Luficrem si drolkrd eht!

DRK Tips: XvWrvpERfUN8r1LB9JDMZS3Yu2rSfEYrHk
DRKLord
Member
**
Offline Offline

Activity: 84
Merit: 10

DRK Developer


View Profile
June 20, 2014, 02:57:36 AM
 #19

This deal was finally concluded around noon today...

The coin has been sold for 140.00 DRK (Darkcoin), which is currently equivalent to ~2.50 BTC or $1,497.00 USD. It was a good bit less at the time the agreement was made (around 2.03 BTC), but the new masternode launch is mere hours away and DRK/BTC is on the rise.  Cool

Details of the sale can be seen here or at the DarkcoinTalk Forums, at the following URL:
https://darkcointalk.org/threads/wts-2012-casascius-physical-bitcoin.1152/

Left positive feedback for vertoe both here and at Darkcointalk.  Smiley

-----------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------

@ The OP; TheBestBTCdeals
I sincerely thank you for all your help and all your work in trying to find me the best possible deal on this coin! I'm totally confident you could have sold it for me, but I just kinda got lucky and found that "perfect deal". As I said, I was looking for either some DRK or some BTC to buy more DRK, and it just so happened that I got a very generous offer of 140.00 DRK from a highly trustworthy early adopter and major holder of DRK. But as I promised, I will still be giving you a tip not only for all your efforts at selling this coin, but also for the large amount of smooth MoneyPak/Vanilla Reload --> BTC transactions you have made for me.  Smiley

-----------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------

I would end my post with a good ol' fashioned "Dark to da mooooon!!!", except I don't think that would be entirely accurate... Darkcoin is going WAY beyond the moon!  Cheesy

Regards,

The DRK Lord

Luficrem si drolkrd eht!

DRK Tips: XvWrvpERfUN8r1LB9JDMZS3Yu2rSfEYrHk
Wardrick
Legendary
*
Offline Offline

Activity: 1022
Merit: 1000


View Profile
June 20, 2014, 04:04:46 AM
 #20

Dark coin? Where's the market for them and can you actually buy something with it?
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!