[WTS] Mega Ultra Rare 1BTC Silver-Gold Round /w "The Golden Heart" error!

[bitmarket.io]

Figured I would list my mega ultra rare, one-of-a-kind, 1BTC Silver-Gold Round with The Golden Heart error! - AKA - The Crown Jewel

It appears the mint gold plated the BTC and a tiny heart left to it.  Intentionally or not, it's a perfectly shaped mini heart. It's absolutely stunning.  It would make an amazing valentine's day gift and guaranteed to get you laid.  Absolutely gorgeous.  Blows my mind every time I whip it out.

Starting price: 10BTC.  Lookin' forward to your offers!  

If we strike a deal, we'll have Charlie handle escrow.

[1715697805]

1715697805

[1715697805]

1715697805

[yimfinity]

love it. this will surely given the 'virgin mary toast' a run for its money

[Blazed]

This is for sure a 1 of a kind coin you have.  I will offer you 10 Litecoins for it.

[bitmarket.io]

This is for sure a 1 of a kind coin you have.  I will offer you 10 Litecoins for it.

Throw in another 4.5k LTC and you got it for a steal!

[Bobsurplus]

I'll start the bidding @ 1.2 btc.

[Possum577]

What BTC back policy do you have if I don't receive the lay in your guarantee?

Why are you selling something you value so much? Have you lost faith in BTC?

[bitmarket.io]

Added some new pics to the first post.

I'll start the bidding @ 1.2 btc.

Is that ontop of the 50BTC? Great!  

What BTC back policy do you have if I don't receive the lay in your guarantee?

Why are you selling something you value so much? Have you lost faith in BTC?

It never failed me.  I can't hog the magic.  Must share with the world.  It's the satoshi way!

[Mitchell]

I would buy this in an instance, if I had the BTC required to do so. I sadly don't so I can only wish you the best with your auction

[Scott J]

50 BTC definitely no..... 10 BTC maybe.

I assume the 50 BTC isn't a real BIN and you are just trying to ascertain how much extra value the error gives this coin. 

[gravitate]

This is for sure a 1 of a kind coin you have.  I will offer you 10 Litecoins for it.

I will up the stakes to 11

[bitmarket.io]

50 BTC definitely no..... 10 BTC maybe.

I assume the 50 BTC isn't a real BIN and you are just trying to ascertain how much extra value the error gives this coin.  

Yep. Pretty much. Adjusted the starting price to 10BTC. That's more realistic.

[Bobsurplus]

2.2 btc??

[markj113]

2.2 btc??

2 posts up gravitate has already offered 11 btc 

[Bobsurplus]

2.2 btc??

2 posts up gravitate has already offered 11 btc 

No, you need to read again.

It's a bid for 11 LTC from what I understand.

[markj113]

confusing lol,

[Bobsurplus]

confusing lol,

Yeah I agree!

[bitmarket.io]

confusing lol,

Yeah I agree!

Yeah he offered LTC. Trolling around here. Thanks blazedout.

I feel 2.2 is waaayyyyy too low.  I gave it a realistic price of 10BTC starting. Not really sure how to price this thing as it's one-of-a-kind. It's a really cool coin though. When I first got this coin I was like WTF is this! Turned out when they gold plated the B they screwed something up and gold plated a speck that makes up a perfectly shaped heart.  Has been my favorite coin ever since.  The only other error coins out there are the S1 Brass coins, and that was a typo printed on the sticker.  This is an error by the mint.  On the face of the coin. Very distinguished.  When it comes to paper money, any type of defect by the mint (like a folded bill or a miss print) significantly boosts the value. Example: http://0.tqn.com/w/experts/Coin-Collecting-2297/2009/02/Dollar-bill-images.jpg


I ordered a Canon EOS camara.  When it arrives I'll take a very high res macro shot so you can see all the details.  Current photos were takes with an iPhone 5s.  Not the best tool in the shed.

[Bobsurplus]

confusing lol,

Yeah I agree!

Yeah he offered LTC. Trolling around here. Thanks blazedout.

I feel 2.2 is waaayyyyy too low.  I gave it a realistic price of 10BTC starting. Not really sure how to price this thing as it's one-of-a-kind. It's a really cool coin though. When I first got this coin I was like WTF is this! Turned out when they gold plated the B they screwed something up and gold plated a speck that makes up a perfectly shaped heart.  Has been my favorite coin ever since.  The only other error coins out there are the S1 Brass coins, and that was a typo printed on the sticker.  This is an error by the mint.  On the face of the coin. Very distinguished.  When it comes to paper money, any type of defect by the mint (like a folded bill or a miss print) significantly boosts the value. Example: http://0.tqn.com/w/experts/Coin-Collecting-2297/2009/02/Dollar-bill-images.jpg


I ordered a Canon EOS camara.  When it arrives I'll take a very high res macro shot so you can see all the details.  Current photos were takes with an iPhone 5s.  Not the best tool in the shed.

The only way that coin would be worth 10 btc is if it's face value was 5 btc.

I do agree that it's a cool error but its not worth anywhere near 10 btc.

I'll up my bid to 2.5 btc and I'll keep checking back to see how things go here.

Good luck.

[bitmarket.io]

Anything other than BTC is garbage and unacceptable.

[Jackblack90909]

Super cool , I do have a question, can you "put" a heart on a casascius coin without causing damage to the hologram?

[Bobsurplus]

Anything other than BTC is garbage and unacceptable.

other then BTC & LTC of course!

You forgot the LTC!

 

[OgNasty]

*Whips out 24kt gold pen and begins drawing heart shapes on his Casascius Coins*

[miffman]

You have so many 1btc coins    if you ever feel like you don't want them I'm open to take them 

[bitmarket.io]

*Whips out 24kt gold pen and begins drawing heart shapes on his Casascius Coins*

That's funny.  I've had people tell me on IRC that it looks like I used a sharpie. But nope, it's the real deal. That's how it shipped from Mike.  I don't think I have the guts to deface such a beautiful coin.

You have so many 1btc coins     if you ever feel like you don't want them I'm open to take them  

I have a couple listed. If interested, see: https://bitcointalk.org/index.php?topic=673819.0

[miffman]

You have so many 1btc coins     if you ever feel like you don't want them I'm open to take them  

I have a couple listed. If interested, see: https://bitcointalk.org/index.php?topic=673819.0

I meant for free

[Blazed]

Fine.. 25 LTC

[gravitate]

Fine.. 25 LTC

26

[bitmarket.io]

Fine.. 25 LTC

I'll sell you my $1 million dollar bill for 25LTC.

[OgNasty]

*Whips out 24kt gold pen and begins drawing heart shapes on his Casascius Coins*

That's funny.  I've had people tell me on IRC that it looks like I used a sharpie. But nope, it's the real deal. That's how it shipped from Mike.  I don't think I have the guts to deface such a beautiful coin.

If you got a signed statement from Mike saying that was the case, I'm sure the coin would bring out more serious offers... 

Adding real gold like that to a coin is about as cheap and easy as using a sharpie if you have the proper tools at your disposal.  That's why some coin collectors think of the gold added ones as being ruined silver coins. 

[bitmarket.io]

*Whips out 24kt gold pen and begins drawing heart shapes on his Casascius Coins*

That's funny.  I've had people tell me on IRC that it looks like I used a sharpie. But nope, it's the real deal. That's how it shipped from Mike.  I don't think I have the guts to deface such a beautiful coin.

If you got a signed statement from Mike saying that was the case, I'm sure the coin would bring out more serious offers...

I doubt Mike even noticed. This was in a roll of 20. If you held the coin and observed it first hand you'll see it's gold plated on there the exact way the B is gold plated.  It's not something one can dissolve with 91% isopropyl.  I posted this coin on the forum over half a year ago when Mike shipped his last batch of rolls.   The notion of defacing a coin with a golden sharpie is absolute insanity.

Edit: Assuming it does sell for the right price, I don't mind keeping the funds in escrow until you can sleep sound at night, resting assured your golden heart is the real deal.

[Bobsurplus]

Ok, I'll up my bid.. 3BTC

[Yankee (BitInstant)]

Wow this is absolutely stunning!

Can you take a close up shot of the heart?

Can you tell us more about it, are you the first owner?

Are you sure the previous owner has not just drawn this on?

Happy to do escrow!

Charlie

[OgNasty]

I doubt Mike even noticed.

As someone who regularly assembles coins with holograms, I can tell you that it would have been extremely hard to miss.  He did make thousands of these very quickly though.  I guess it's possible he was seeing golden spots everywhere on some late nights.  I'd be interested in hearing Casascius' take on this.

[bitmarket.io]

Wow this is absolutely stunning!

Can you take a close up shot of the heart?

Can you tell us more about it, are you the first owner?

Are you sure the previous owner has not just drawn this on?

Happy to do escrow!

Charlie

I'm having a hard time getting my iPhone 5s camera to focus on that little speck.  It keeps focusing on the mirror finish (the polished parts of the coin).  And when I zoom in it just gets noisy.   HOWEVER I have a Canon EOS camera heading my way and I'll be more than happy to take some macro shots and capture all the details.

Yes, first owner, directly shipped from Mike.  From a roll of 20. I even emailed Mike about it the day I received it and told him how awesome it was.

No previous owner.

Here is my post in december: https://bitcointalk.org/index.php?topic=315526.msg4162394#msg4162394


It's satoshi's kiss! 

[wheresmycoin]

cool piece. its worth more than 10btc.

but i would convert all my physicals into digital btc in this bull market.

[wafdawg]

confusing lol,

Yeah I agree!

Yeah he offered LTC. Trolling around here. Thanks blazedout.

I feel 2.2 is waaayyyyy too low.  I gave it a realistic price of 10BTC starting. Not really sure how to price this thing as it's one-of-a-kind. It's a really cool coin though. When I first got this coin I was like WTF is this! Turned out when they gold plated the B they screwed something up and gold plated a speck that makes up a perfectly shaped heart.  Has been my favorite coin ever since.  The only other error coins out there are the S1 Brass coins, and that was a typo printed on the sticker.  This is an error by the mint.  On the face of the coin. Very distinguished.  When it comes to paper money, any type of defect by the mint (like a folded bill or a miss print) significantly boosts the value. Example: http://0.tqn.com/w/experts/Coin-Collecting-2297/2009/02/Dollar-bill-images.jpg


I ordered a Canon EOS camara.  When it arrives I'll take a very high res macro shot so you can see all the details.  Current photos were takes with an iPhone 5s.  Not the best tool in the shed.

The only way that coin would be worth 10 btc is if it's face value was 5 btc.

I do agree that it's a cool error but its not worth anywhere near 10 btc.

I'll up my bid to 2.5 btc and I'll keep checking back to see how things go here.

Good luck.

10 BTC is lofty but can't say if it's reasonable or unreasonable. There are several factors to consider: coin rarity, variety rarity, and grade rarity. This coin definitely has two of the three attributes and if grades well would certainly be a "crown jewel".

[Yankee (BitInstant)]

If you can prove to me that heart is not like a marker or something, and its actually engraved or embossed onto the coin Ill bid 7 BTC

[bitmarket.io]

If you can prove to me that heart is not like a marker or something, and its actually engraved or embossed onto the coin Ill bid 7 BTC

I'll think about it. I value the coin more than that. If we do make the trade, I'll go ahead and send it to you first, and if you conclude it's legit, send me the BTC, if not, send it back.

[Yankee (BitInstant)]

If you can prove to me that heart is not like a marker or something, and its actually engraved or embossed onto the coin Ill bid 7 BTC

I'll think about it. I value the coin more than that. If we do make the trade, I'll go ahead and send it to you first, and if you conclude it's legit, send me the BTC, if not, send it back.

I just dont wanna touch it myself either lol, there has to be a way to see it close up..

[bitmarket.io]

Yep. There will be soon. Once I get a real camera. Either late this week or early next week. I'll post new pics. No worries.

What I really need is access to Duke's gigapixel camera (http://disp.duke.edu/projects/AWARE/)

Their shots are remarkable. http://www.replayphotos.com/fancam/duke-unc-basketball-110209.cfm

I mean if that doesn't capture the details, nothing else will...

[Bobsurplus]

If you can prove to me that heart is not like a marker or something, and its actually engraved or embossed onto the coin Ill bid 7 BTC

I'll think about it. I value the coin more than that. If we do make the trade, I'll go ahead and send it to you first, and if you conclude it's legit, send me the BTC, if not, send it back.

It is legit, is it not? You said you were the original buyer of the coin. So either you put it there or you did not.

If it can be proven to be legit then I'll up my bid to 7.1BTC

Shalom Charlie.

[justbtcme]

Only Mike Cladwell himself can confirm this.

My guess on how it got there:

1. original owner wanted to play a prank
2. a helper for Mike Cladwell slipped this heart picture through Mike's watchful eyes.

The second option is highly unlikely in my opinion.

[Yankee (BitInstant)]

Only Mike Cladwell himself can confirm this.

My guess on how it got there:

1. original owner wanted to play a prank
2. a helper for Mike Cladwell slipped this heart picture through Mike's watchful eyes.

The second option is highly unlikely in my opinion.

Ive sent this over to Mike for confirmation.

[bitmarket.io]

If you can prove to me that heart is not like a marker or something, and its actually engraved or embossed onto the coin Ill bid 7 BTC

I'll think about it. I value the coin more than that. If we do make the trade, I'll go ahead and send it to you first, and if you conclude it's legit, send me the BTC, if not, send it back.

It is legit, is it not? You said you were the original buyer of the coin. So either you put it there or you did not.

If it can be proven to be legit then I'll up my bid to 7.1BTC

Shalom Charlie.

I can understand the skepticism but now it's getting annoying.  I'm not trolling/pranking anyone.  And I don't like some of you discrediting my listing and devaluing my coin.

What you see pictured is what I received. After close examination I can say with conviction it's an error that occurred during the gold plating process.  It's electro plated and matches the tone and color of the BTC.  I would need to go to extreme lengths to fake something like this. The speck just happens to be heart shaped. I didn't notice it at first until placed my coins inside air-tights and went WTF?! When you purchase a roll they don't come in air-tights. Instead you receive them in some elongated pill shaped enclosure with 20 slots which splits open like a BBQ smoker.


I emailed Mike and asked him if there is something he can do to help me put your mind at ease. Perhaps I can send it off to him and he can examine it and sign off.  Anyway I will have some very high res shots soon.  Be patient. Don't be negative.

[Yankee (BitInstant)]

OK, the following is a conversation I just had with Mike tonight. Im not sure what my personal take-away is, but take from it what you will.

Cheers..

All images: http://imgur.com/hTo2Z23,eprAEOe,Q9S8wGT,E5FEBWM,24sgrJP#4

[justbtcme]

"someone could have electroplated it himself and it would look the same..."


Even Mike Cladwell cannot confirm or deny this as plausible. Would this not set a precedent where people can just electroplate some gold into these coins and claim it is legit? I am not saying OP would do that. I'm just saying if a heart shape can appear on these coins directly from the mint and the creator cannot confirm or deny it, what is stopping people from etching something on these coins and claim whatever?

Does anyone have a coin that has the "drops" as Mike stated?

[Blazed]

Better charge that phone ASAP! I trust Bitmarket and he wouldn't fake this sorta thing..he showed me this coin several months back.  I offered to buy it for 1.5BTC on the condition that I peel it when I get it...

[justbtcme]

Heres a thought.

Since it seems unlikely that one "drop" will make that heart and that two drops, as suggested by Casascius, seems a bit more plausible, would they not overlap each other under magnification?

[Yankee (BitInstant)]

"someone could have electroplated it himself and it would look the same..."


Even Mike Cladwell cannot confirm or deny this as plausible. Would this not set a precedent where people can just electroplate some gold into these coins and claim it is legit? I am not saying OP would do that. I'm just saying if a heart shape can appear on these coins directly from the mint and the creator cannot confirm or deny it, what is stopping people from etching something on these coins and claim whatever?

Does anyone have a coin that has the "drops" as Mike stated?

Yes I thought about this as well.

You are playing devils advocate and I agree with your point. Although someone would have to go through ALOT of trouble to do this. Especially getting almost identical coloring and layering.

If this were anyone else, I'd tend to agree with you, however I know bitmarket.io and he has an extensive collection, I doubt he'd want to ruin his repuation and jepordize future sales.

I think higher resolution photos will give us a better answer.

Heres a thought.

Since it seems unlikely that one "drop" will make that heart and that two drops, as suggested by Casascius, seems a bit more plausible, would they not overlap each other under magnification?

VERY interesting thought. Looking forward to higher resolution photos, hopefully from different perspectives.

Better charge that phone ASAP! I trust Bitmarket and he wouldn't fake this sorta thing..he showed me this coin several months back.  I offered to buy it for 1.5BTC on the condition that I peel it when I get it...

lol I know, its on the charger now. I agree the same about Bitmarket.io, I dont think he would fake this.

[bitmarket.io]

@Charlie Thanks for posting.  I'm in a tough spot proving this.  Just think, how would you go about it if you were in my position?  I'm more interested in having some proof for myself, not for the sale.

@justbtcme Honestly I am not desperate for money to go through the trouble of faking this and risking my reputation. I'm well off and working on a quality bit-project centered around trust.  My info is public domain.  Not to mention I would only have one shot at faking this correctly or ruin the coin.

@blazedout thx for the support, but you'll never get it that cheap!

super high res pics are on the way!

[Yankee (BitInstant)]

@Charlie Thanks for posting.  I'm in a tough spot proving this.  Just think, how would you go about it if you were in my position?  I'm more interested in having some proof for myself, not for the sale.

super high res pics are on the way!

I would be doing the same thing, peer review is the only way.

Whats interesting is that Mike did say that other coins have had gold dots end up on other parts of the coins sometimes.

The heart is very oddly shaped, its quite possible like justbtcme said that its two dots, a better side perspective and better colored picture will tell us this.

None the less, this is a rarity.

[OgNasty]

For the record, I wasn't implying that bitmarket.io was trying to pull a scam.  I was simply stating that it is very possible to add this after the fact and perhaps not as difficult as you might think.  Since that is the case, without Mike saying, "Oh ya, I remember seeing one of those and thinking it was odd." or something along those lines, it cannot be proven.  

I believe it is probably genuine, but this sort of speculation isn't my cup of tea.

[justbtcme]

For the record, I wasn't implying that bitmarket.io was trying to pull a scam.  I was simply stating that it is very possible to add this after the fact and perhaps not as difficult as you might think.  Since that is the case, without Mike saying, "Oh ya, I remember seeing one of those and thinking it was odd." or something along those lines, it cannot be proven.  

I believe it is probably genuine, but this sort of speculation isn't my cup of tea.

Completely agree. It is just too much money to not know for sure. Imagine if it was sold at 7 BTC and then the price of BTC goes to 10k a coin. How would the next guy pitch the sell? This is an extremely difficult situation for buyer and seller as I can imagine.

[Yankee (BitInstant)]

For the record, I wasn't implying that bitmarket.io was trying to pull a scam.  I was simply stating that it is very possible to add this after the fact and perhaps not as difficult as you might think.  Since that is the case, without Mike saying, "Oh ya, I remember seeing one of those and thinking it was odd." or something along those lines, it cannot be proven.  

I believe it is probably genuine, but this sort of speculation isn't my cup of tea.

Completely agree. It is just too much money to not know for sure. Imagine if it was sold at 7 BTC and then the price of BTC goes to 10k a coin. How would the next guy pitch the sell? This is an extremely difficult situation for buyer and seller as I can imagine.

Ya, I think Im in this camp as well.

Although this is VERY cool, I couldn't justify paying a high price for this.

[justbtcme]

I find it very interesting that out of all the possible shapes two drops can make, a perfect looking heart came out. 

[wheresmycoin]

important thing is, is this heart etched right in or will it come off easy like a loose chunk.

[justbtcme]

Why don't you just send it in to ANACS and see if they put the "Gold Heart Error" on it after doing, I'm sure, very rigorous research on such coin?

Once this occur, would be very indicative of authenticity in my very humble opinion.

[bitmarket.io]

I find it very interesting that out of all the possible shapes two drops can make, a perfect looking heart came out.  

I don't find it interesting. I find it incredibly fascinating and delightfully charming. If there's a keeper, this is it.

Also, wouldn't the pursuit of perfection be exponentially troublesome to attain?  Lets cut the bullshit, I'll offer a $2K bounty to anyone that can fake a defect like mine.  I'll put my money where my mouth is.  I'm curious to hear and see how difficult the process is, and if the colors and shape matches.  You can do it on a redeemed coin, and those don't come cheap either. You'll only have one shot to get it right. You'll quickly realize how much effort and risk is involved. Good luck.  


--


On another note I had no idea some liquid was involved in the gold plating process.  But it does explain why the heart looks like a watermark.  By that I mean the right side is a little darker and thicker.   Similar to a water spot where the stain is heavier in the region with more water and thinner where it tapers out. It's difficult to see this in the current photos, but when my new camera arrives it may reveal it.

[justbtcme]

I find it very interesting that out of all the possible shapes two drops can make, a perfect looking heart came out.  

Lets cut the bullshit....

I imagine myself in your shoes and I would have to ask myself the question - Would it not be best to have ANACS decide this? Surely they can tell if an error is justify.

If they indicate that the heart shape is a minting error, case closed.

[bitmarket.io]

I find it very interesting that out of all the possible shapes two drops can make, a perfect looking heart came out.  

Lets cut the bullshit....

I imagine myself in your shoes and I would have to ask myself the question - Would it better to have ANACS decide this?

If they indicate that the heart shape is a minting error, it would 100% prove everything.

I am planning on having all my coins sent in for grading.  Looking forward to that. I was waiting for blazedout419 to show me how to complete the forms.

But that won't prove anything. What justifies a defect such as this is the general consensus. Anyone out there with a similar defect will have an impossible time proving it unless mike directly confirms it for that particular coin.  Regardless of rank and status on this forum. My defect just happens to be shaped like a heart. Which makes it extremely special and desirable. And it's the real deal. If you think otherwise than get lost. This coin isn't for you. I don't have the time or inclination to deface my coins to artificially inflate their value. And if you think it's that easy and have the time and are willing to risk trashing your valuable coin then go ahead. I like to think most people are sane enough not to do such a thing.

Anyway the posted SMS messages make it clear that random specks of gold may have ended up on the face of some of these coins.  If you believe mine is one of those rare gems, post your bids. Previous bids are 7.1 and 7. But I value the coin more than that as I feel I hit the lottery with this gem. It truly is one of a kind.  Minimum bid for consideration is 10btc.  

I'll have some really neat macro shots in a few days.  I think you'll like them.  It'll be a spectacle! True marketing gold. The crown jewel of casascius error coins. And it ain't tarnished brass!

[OgNasty]

I am planning on having all my coins sent in for grading.  Looking forward to that. I was waiting for blazedout419 to show me how to complete the forms.

Someone should really post the ANACS form information.  When I sent mine in, I wasn't sure what the "standard" entries were and just named the coins to the best of my ability.

[wafdawg]

I am planning on having all my coins sent in for grading.  Looking forward to that. I was waiting for blazedout419 to show me how to complete the forms.

Someone should really post the ANACS form information.  When I sent mine in, I wasn't sure what the "standard" entries were and just named the coins to the best of my ability.

Sending grading to ANACs is a bit confusing.  That's why I waited until I was at the Long Beach Expo and saw their booth and dropped it off.  I wound up paying $65 to grade my 2011 Casascius Error.  You pay more for the error variety. But at least now I have a completed copy of the form so I can use for future submissions.

You can specifically ask for a mint error designation from ANACs and pay the variety charge.  With so much discussion surrounding it I think there's a strong case for a mint error designation. I don't think you will get "heart shaped error" on the slab though.

Its up to buyer to gage how much they think its worth.  I'd personally value the grade over the error but that's just me. Someone in the thread mentioned if a buyer purchased this, how would they be able to sell it later for the same price? Well if you pay a substantial premium for a coin you have to wait a long period for the market to digest it.  There's no quick flip on something you pay a substantial premium on, because the buyer of this coin is what we call in the industry, the whale. Collectors should buy what they like and collectors make the best investors because of that reason so if someone were to buy it just hold onto it for a while and you will be rewarded.

[Yankee (BitInstant)]

I am planning on having all my coins sent in for grading.  Looking forward to that. I was waiting for blazedout419 to show me how to complete the forms.

Someone should really post the ANACS form information.  When I sent mine in, I wasn't sure what the "standard" entries were and just named the coins to the best of my ability.

This is my form:

https://www.dropbox.com/s/eon7cpxs4zedvsh/anacs.pdf

[bitmarket.io]

Its up to buyer to gage how much they think its worth.  I'd personally value the grade over the error but that's just me. Someone in the thread mentioned if a buyer purchased this, how would they be able to sell it later for the same price? Well if you pay a substantial premium for a coin you have to wait a long period for the market to digest it.  There's no quick flip on something you pay a substantial premium on, because the buyer of this coin is what we call in the industry, the whale. Collectors should buy what they like and collectors make the best investors because of that reason so if someone were to buy it just hold onto it for a while and you will be rewarded.

Correct. The market determines the price. Ergo the listing. The grade is irrelevant with these coins. It may matter with the early brass coins but the newly minted silver rounds are pretty much all in superb condition. Most who bought them treated them like gems. I have plenty of the silver-gold rounds. All are pretty much the same. Cones on top of clones.  In mint condition. As they were shipped from mike. With the exception of the golden heart error coin. It's what makes that coin stand above all else.  I bought them to resell in a few years. Not anytime soon. I have patience. And when it does come down to my last silver-gold round, you can bet this one will go reluctantly. If it sells at all.

I think whoever buys this is a serious collector and isn't in it to resell for a margin. The Cas collector market will mature over time. More will get involved.  Money will come pouring in.  People will fight over a piece of history. This is priced rather reasonably. The 25btc+ coins will be much more difficult to sell as BTC appreciates. The scope of potential buyers will be very narrow.  There is a reason why I sunk some of my BTC into these silver rounds. I believe they are more desirable than the brass tokens. And marketing them shouldn't be an issue as they already speak for themselves. All I need are some sexy shots and market presence. And my scope of buyers is wide because its within reach for most entry and avid collectors/investors.

There has to be some level of trust here. Just as we trust mike to not have a copy of all private keys stashed away somewhere.  You can trust math. Humans, not so much.

You know I'm surprised I haven't heard from Chainsaw yet. I wonder what he's up to. He's done an excellent job maintaining a public record of Cas transactions for the market. He's a wise man. I think he was one of the first I showed my error coin to. If you are reading this, let me know what you think.

[wafdawg]

Its up to buyer to gage how much they think its worth.  I'd personally value the grade over the error but that's just me. Someone in the thread mentioned if a buyer purchased this, how would they be able to sell it later for the same price? Well if you pay a substantial premium for a coin you have to wait a long period for the market to digest it.  There's no quick flip on something you pay a substantial premium on, because the buyer of this coin is what we call in the industry, the whale. Collectors should buy what they like and collectors make the best investors because of that reason so if someone were to buy it just hold onto it for a while and you will be rewarded.

Correct. The market determines the price. Ergo the listing. The grade is irrelevant with these coins. It may matter with the early brass coins but the newly minted silver rounds are pretty much all in superb condition. Most who bought them treated them like gems. I have plenty of the silver-gold rounds. All are pretty much the same. Cones on top of clones.  In mint condition. As they were shipped from mike. With the exception of the golden heart error coin. It's what makes that coin stand above all else.  I bought them to resell in a few years. Not anytime soon. I have patience. And when it does come down to my last silver-gold round, you can bet this one will go reluctantly. If it sells at all.

I think whoever buys this is a serious collector and isn't in it to resell for a margin. The Cas collector market will mature over time. More will get involved.  Money will come pouring in.  People will fight over a piece of history. This is priced rather reasonably. The 25btc+ coins will be much more difficult to sell as BTC appreciates. The scope of potential buyers will be very narrow.  There is a reason why I sunk some of my BTC into these silver rounds. I believe they are more desirable than the brass tokens. And marketing them shouldn't be an issue as they already speak for themselves. All I need are some sexy shots and market presence. And my scope of buyers is wide because its within reach for most entry and avid collectors/investors.

Completely agree. The market is not fully matured and it's for the serious collector. I apply similar logic to the MCC market as well and we have also yet to see the price of PM explode.

[bitmarket.io]

^^^^BUMP^^^^

[coine]

Would ANACS be able to tell if it's legitimate or not? 

[justbtcme]

Would ANACS be able to tell if it's legitimate or not? 

I would definitely trust the authority of ANACS to some random forum members with an opinion.

[gravitate]

Well I hate to say but you can get this effect by a gold plating pen. These days you don't have to dip the whole piece in with a protective layer over where you don't want plating. If anyone is going to pay large amounts for this I would get the main man behind Casascius to give his opinion.

[Yankee (BitInstant)]

Well I hate to say but you can get this effect by a gold plating pen. These days you don't have to dip the whole piece in with a protective layer over where you don't want plating. If anyone is going to pay large amounts for this I would get the main man behind Casascius to give his opinion.

I already did, see above posts.

[coine]

That was a fairly inconclusive conversation though, I would want to see the high-res photos from the side/top/angle before offering.

[smoothie]

Do you have the signed scans from Mike for the gold heart coin?

[Possum577]

I think you'd be best sitting on this for a few years and then present it to the community not as a sale but as a very unique error. Let the community view it, consider it, critique it without the additional context of the sale. You might get a more honest set of opinions and eventually as people know that this coin exists the consensus will build.

If you take on a "road show" allowing people to see and comment on it in the forum you'll end up building up any error value that exists already.

[bitmarket.io]

^^^^BUMP^^^^

[Blazed]

1.25BTC and I will video me peeling it.

[smoothie]

^^^^BUMP^^^^

Perhaps you missed my post.

Do you have the signed scans from Mike for the gold heart coin?

The pdf files he offered to his customers.

[Blazed]

Yes Mike does PGP sign .pdf's if you ask him nicely. 

[smoothie]

Yes Mike does PGP sign .pdf's if you ask him nicely. 

I know that...but that wasn't what I asked.

I wanted to know if the OP has the scans in his possession already.

I've asked mike for scans of my coins and so far it has taken several weeks since I initially requested them (still have not gotten them, time to follow up once more). To Mike's credit he did forewarn me about a possible delay so no problems there.

[bitmarket.io]

Yes Mike does PGP sign .pdf's if you ask him nicely. 

I know that...but that wasn't what I asked.

I wanted to know if the OP has the scans in his possession already.

I've asked mike for scans of my coins and so far it has taken several weeks since I initially requested them (still have not gotten them, time to follow up once more). To Mike's credit he did forewarn me about a possible delay so no problems there.

No I do not. I'll send a request in to Mike as well. But he seems to rarely respond. Seems super busy.

[smoothie]

Yes Mike does PGP sign .pdf's if you ask him nicely. 

I know that...but that wasn't what I asked.

I wanted to know if the OP has the scans in his possession already.

I've asked mike for scans of my coins and so far it has taken several weeks since I initially requested them (still have not gotten them, time to follow up once more). To Mike's credit he did forewarn me about a possible delay so no problems there.

No I do not. I'll send a request in to Mike as well. But he seems to rarely respond. Seems super busy.

Agreed he does appear to be very busy.

Let us know once you have those scans. I may be apt to make an offer. But until then I will wait on the side lines.

[klondike_bar]

*lealana coin picture*

silver heart 1LTC error?
partially being overlapped by hologram.

unrelated, and IMO lealana 1LTC coins are all poorly stamped (I own several, and all have ugly stamping stress marks (but gorgeous holograms))

The Gilt heart-coin is probably worth 3-5 BTC depending on the buyer. A good condition gold/silver coin would fetch about 2.2-2.5BTC ungraded. (I sell for 2.3)

[bitmarket.io]

I'll have some super hi-res shots Tuesday night. 

Have this http://www.newegg.com/Product/Product.aspx?Item=N82E16830113533 camera heading my way.   Should produce 24 megapixel of goodness.

[nitehawk]

mega ultra rare...
i was looking for super uber mega ultra titan rare...

dang so close

[wheresmycoin]

*lealana coin picture*

silver heart 1LTC error?
partially being overlapped by hologram.

unrelated, and IMO lealana 1LTC coins are all poorly stamped (I own several, and all have ugly stamping stress marks (but gorgeous holograms))

The Gilt heart-coin is probably worth 3-5 BTC depending on the buyer. A good condition gold/silver coin would fetch about 2.2-2.5BTC ungraded. (I sell for 2.3)

This silver heart shape should be worth something?

[bitmarket.io]

*lealana coin picture*

silver heart 1LTC error?
partially being overlapped by hologram.

unrelated, and IMO lealana 1LTC coins are all poorly stamped (I own several, and all have ugly stamping stress marks (but gorgeous holograms))

The Gilt heart-coin is probably worth 3-5 BTC depending on the buyer. A good condition gold/silver coin would fetch about 2.2-2.5BTC ungraded. (I sell for 2.3)

This silver heart shape should be worth something?

It doesn't even look like a heart. That picture looks like crap. Take it out of the plastic bag.  I personally done value LTC or any other alts. Only believe In bitcoin.  It's funny. You can try to replicate my listing all you want, but it lacks originality, accuracy, and authenticity.  And your signature isn't so reassuring.

On another note my camera will arrive tomorrow and I'll post numerous hi-res shots.

@smoothie emailed mike. Waiting on a response. I'll write an email every week until he responds.

[klondike_bar]

*lealana coin picture*

silver heart 1LTC error?
partially being overlapped by hologram.

unrelated, and IMO lealana 1LTC coins are all poorly stamped (I own several, and all have ugly stamping stress marks (but gorgeous holograms))

The Gilt heart-coin is probably worth 3-5 BTC depending on the buyer. A good condition gold/silver coin would fetch about 2.2-2.5BTC ungraded. (I sell for 2.3)

This silver heart shape should be worth something?

its not a heart, its a dimple in the silver-tin-alloy metal of the coin. As i said already, lealana coins are stamped and the metal itself is often not very smooth. nowhere near the quality of a casacius silver coin by any means

[AT101ET]

Sorry to add to the off topic posts - but at this rate, we're soon going to have a titan coin either with a penis or something similar. The Lealana coin is not remotely similar to what the OP is selling. One could be a genuine error whilst the other isn't a minting error, rather just a knock to the coin.

Goo luck OP, all the coins look sweet

[wheresmycoin]

Just need reshoot and carriage for a magical transformation