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Author Topic: Ultra Rare 1BTC Silver-Gold Round /w "The Golden Heart" error!  (Read 15417 times)
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bitmarket.io
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July 21, 2014, 06:04:28 PM
Last edit: March 13, 2015, 11:56:37 PM by bitmarket.io
 #1

Recently received a brand new camera (Nikon D5200) with a macro lens (AF-S Micro Nikkor 60mm f/2.8G ED) and speedlight (SB-700 AF) and snapped some gorgeous shots of the crown jewel in Casascius error coins: The Golden Heart Silver Round /w Gold Rim & BTC

This gem was received directly from Mike (Casascius) from one of the last batches shipped around December, 2013.  It was the only defective 'error' coin in the roll of twenty.  It appears something went wrong during the electro-plating process and a spot, very much resembling a heart, was gold plated to the left of the BTC symbol, and it's absolutely stunning.

I sent a request in to Mike for a PGP signed PDF and am still waiting on a response.  In the process of gathering as much documentation possible to proof the legitimacy of this coin.  Under the photos listed below is a conversation between Charlie and Mike regarding this coin which adds some credence to these type of defects.

Asking 10BTC or better. I feel it's worth much more as it's absolutely one-of-a-kind, but feel comfortable starting at 10.

----























----

Here's a quote from a previous post of a conversation between Charlie Sherm and Mike Caldwell adding some credence to such type of defects.

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






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July 21, 2014, 09:01:52 PM
 #2

Great photos!

If Mike sends you the confirmation you should work with Elianite and Melbustus to get their respective Casascius coin inventories to archive this version as the Golden Heart error...

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July 21, 2014, 09:46:50 PM
 #3

Nice, those photos look amazing, not just for the heart part, but the coin itself...  Why didn't you get it graded?  Shocked
I remember you already received a 10 BTC offer on the other thread, correct?  It'll be a legend if Mike himself verifies, lol
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July 21, 2014, 09:49:37 PM
 #4

Nice, those photos look amazing, not just for the heart part, but the coin itself...  Why didn't you get it graded?  Shocked
I remember you already received a 10 BTC offer on the other thread, correct?  It'll be a legend if Mike himself verifies, lol

Received 7 and 7.1 BTC on my last thread.   Will get it graded soon.  Going to take numerous clean photos of my coins before I send them in.
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July 25, 2014, 09:34:23 PM
 #5

If you get this verified by Mike you could take to auction through Southeby's or something.

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July 26, 2014, 12:37:46 AM
 #6

If you get this verified by Mike you could take to auction through Southeby's or something.

It's technically impossible for Mike to give a 100% confirmation without having seen it before shipping it out.  He stated that these type of spot-like defects did indeed occur, and mine happens to resemble a heart shape. 
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July 26, 2014, 02:55:17 AM
 #7

If you get this verified by Mike you could take to auction through Southeby's or something.

As far as the text conversation goes and Mike not calling it an obvious fake, I think it is enough for the community to accept this as a legitimate error. Granted, if after this sells another one magically appears on the market, that second coin would be under much, much greater scepticism and scrutiny.

As a self-proclaimed expert of this field, I fully endorse this particular coin and error as legitimate. While there is of course the small possibility of Bitmarket.io having made the mark intentionally, I see that as unlikely as being found out would destroy his reputation and he is well invested in these coins. Even if the mark was somehow proven to be fraudulent, I am confident that the coin would remain valued  significantly higher then its counterparts due to the specific history behind it.

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July 26, 2014, 04:06:21 AM
 #8

If you get this verified by Mike you could take to auction through Southeby's or something.

As far as the text conversation goes and Mike not calling it an obvious fake, I think it is enough for the community to accept this as a legitimate error. Granted, if after this sells another one magically appears on the market, that second coin would be under much, much greater scepticism and scrutiny.

As a self-proclaimed expert of this field, I fully endorse this particular coin and error as legitimate. While there is of course the small possibility of Bitmarket.io having made the mark intentionally, I see that as unlikely as being found out would destroy his reputation and he is well invested in these coins. Even if the mark was somehow proven to be fraudulent, I am confident that the coin would remain valued  significantly higher then its counterparts due to the specific history behind it.


+1.

I'll be happy to add a specific note for this coin on http://www.spotcoins.com/bitcoin/casascius

I think this is bringing up another dimension to these coins; ie, non-variety-differentiating errors/oddities/rarities. By that I mean that the error/oddity does not classify the coin as a new "variety", but it is nonetheless a noteworthy and interesting distinction. I'll likely catalog such instances under a new "known oddities" or "known rarities" sub-listing for each Casascius variety.


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July 26, 2014, 06:20:50 AM
 #9

If you get this verified by Mike you could take to auction through Southeby's or something.

As far as the text conversation goes and Mike not calling it an obvious fake, I think it is enough for the community to accept this as a legitimate error. Granted, if after this sells another one magically appears on the market, that second coin would be under much, much greater scepticism and scrutiny.

As a self-proclaimed expert of this field, I fully endorse this particular coin and error as legitimate. While there is of course the small possibility of Bitmarket.io having made the mark intentionally, I see that as unlikely as being found out would destroy his reputation and he is well invested in these coins. Even if the mark was somehow proven to be fraudulent, I am confident that the coin would remain valued  significantly higher then its counterparts due to the specific history behind it.


+1.

I'll be happy to add a specific note for this coin on http://www.spotcoins.com/bitcoin/casascius

I think this is bringing up another dimension to these coins; ie, non-variety-differentiating errors/oddities/rarities. By that I mean that the error/oddity does not classify the coin as a new "variety", but it is nonetheless a noteworthy and interesting distinction. I'll likely catalog such instances under a new "known oddities" or "known rarities" sub-listing for each Casascius variety.



Very good point. A 1-off error such as this would not get its own page in my eBook (or future database) as a 'type' of coin produced by Casascius. I think an interesting comparison are the 5 1btc 2011 coins with first-bits printed higher then normal. I categorized them as their own type of coin because they were acknowledged by Mike in his blog, but something like this heart error I would not. I very much support your idea of creating a database of these on spotcoins.

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July 26, 2014, 05:53:59 PM
Last edit: July 26, 2014, 06:17:14 PM by Possum577
 #10

Two steps closer to legitimizing your error coin and layering on some collector value with each step, good work!

Those pictures should be included in the examples of the "errors and oddities" variety...they're just too good to go unused.

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July 28, 2014, 03:08:30 AM
 #11

51.73 LTC...you pay shipping.
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July 28, 2014, 08:12:58 AM
 #12

60 ltc!
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July 28, 2014, 08:42:57 AM
 #13

61.1 LTC Smiley














 

 

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July 28, 2014, 09:18:23 AM
 #14

Not btc?
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July 28, 2014, 11:11:13 AM
 #15

BTC only. And the current bid is 7.
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August 02, 2014, 02:07:20 PM
 #16

Looks pretty cool. I hope you'll get your signed confirmation.
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August 06, 2014, 06:47:04 PM
 #17

Are you still selling this thing? Why?! It's a museum piece!!! And it's value would instantly increase once you have it solidly listed/identified in the Melbustus and Elianite Casascius catalogs as an official error coin.

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August 06, 2014, 07:35:35 PM
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Are you still selling this thing? Why?! It's a museum piece!!! And it's value would instantly increase once you have it solidly listed/identified in the Melbustus and Elianite Casascius catalogs as an official error coin.

You should definitely get this then  Cool
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August 06, 2014, 08:50:13 PM
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I can't come close to affording it, unfortunately. I'm not like you guys/gals that have a mint of BTC lying around from the good old days when Bitcoin could be mined with a laptop and an AOL internet account or bought for less than $10 a piece! Haha.

I'm doing the next best thigh, though, which is share my praise of the coin. This is truly one of a kind. I bet you see more interest in this thing (if it's even still on the auction block) as we approach Valentine's day next year.

Are you still selling this thing? Why?! It's a museum piece!!! And it's value would instantly increase once you have it solidly listed/identified in the Melbustus and Elianite Casascius catalogs as an official error coin.

You should definitely get this then  Cool

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August 06, 2014, 09:28:06 PM
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I can't come close to affording it, unfortunately. I'm not like you guys/gals that have a mint of BTC lying around from the good old days when Bitcoin could be mined with a laptop and an AOL internet account or bought for less than $10 a piece! Haha.

I'm doing the next best thigh, though, which is share my praise of the coin. This is truly one of a kind. I bet you see more interest in this thing (if it's even still on the auction block) as we approach Valentine's day next year.

Are you still selling this thing? Why?! It's a museum piece!!! And it's value would instantly increase once you have it solidly listed/identified in the Melbustus and Elianite Casascius catalogs as an official error coin.

You should definitely get this then  Cool

I used to fix peoples' cars for bitcoins. During the good old days when there were bitcoiners willing to pay a mechanic for repairs  Cool
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