2011 S2 MS65 Casascius coin

[justbtcme]

I'll start things out with 1.25, depending on how those pictures look

Coin may be sold. I will update tonight.

[LouReed]

Still waiting for an answer from the guy. I honestly wouldn't take less than 2.5 Bitcoin though at today's rate.

[Blazed]

Ah well I cant go anywhere near that...next time you should state that in OP and save us all the hassle 

[nubbins]

Ah well I cant go anywhere near that...next time you should state that in OP and save us all the hassle 

+1

[Nightowlace]

Ah well I cant go anywhere near that...next time you should state that in OP and save us all the hassle 

+1

Agreed, that would be good info in the OP. The best I could do is 1.75 if you change your mind.

[Possum577]

This is an extremely rare series of coin - significantly more rare than the 2011 S1 error coin, which had over 10x more coins minted than the 2011 S2.

BTC1.25 would be an absolute steal...Mike probably charged more than that to sell it to the original owner!

Pending pictures, this could be a very sweet deal for someone!

Source on mintage: http://www.spotcoins.com/bitcoin/casascius

Doubtful, considering the price of BTC at the time. Good deal at that price, though. Should probably sell for a bit more than that.

Mike never sold his coins for fiat, only for BTC and I'm pretty sure his premium was around BTC0.30 or so. The conversion doesn't matter when the transaction is all in Bitcoin.

[Blazed]

This is an extremely rare series of coin - significantly more rare than the 2011 S1 error coin, which had over 10x more coins minted than the 2011 S2.

BTC1.25 would be an absolute steal...Mike probably charged more than that to sell it to the original owner!

Pending pictures, this could be a very sweet deal for someone!

Source on mintage: http://www.spotcoins.com/bitcoin/casascius

Doubtful, considering the price of BTC at the time. Good deal at that price, though. Should probably sell for a bit more than that.

Mike never sold his coins for fiat, only for BTC and I'm pretty sure his premium was around BTC0.30 or so. The conversion doesn't matter when the transaction is all in Bitcoin.

Mike based his prices on fiat value for his markup though...

[nubbins]

Mike based his prices on fiat value for his markup though...

All the resellers, however... 

fiat = fake bitcoin = irelevant

[Nightowlace]

Mike did base his markup on fiat because he still had to pay the mint, hologram company, and postage in fiat. So until the entire process is bitcoin it will always be based on fiat, which is why when bitcoin shot through the roof he reduced his prices heavily.

[Blazed]

Mike did base his markup on fiat because he still had to pay the mint, hologram company, and postage in fiat. So until the entire process is bitcoin it will always be based on fiat, which is why when bitcoin shot through the roof he reduced his prices heavily.

Indeed... We are far away from being able to ignore BTC/fiat values still 

[justbtcme]

If I recalled correctly, Mike's markup on the 2011 coins were around 1.2-1.5, can anyone confirm this?

[Nightowlace]

If I recalled correctly, Mike's markup on the 2011 coins were around 0.2-0.5, can anyone confirm this?

Im pretty sure it was much higher. Bitcoin was still around a couple dollars each, with the coin, cost of BTC on the coin, etc. I think they were a few bitcoin. Correct me if I'm wrong.

[justbtcme]

If I recalled correctly, Mike's markup on the 2011 coins were around 1.2-1.5, can anyone confirm this?

I meant to say 1.2-1.5 markup. I think there was a discount if you buy a roll or two.

[iCrypt]

I'll place a bid of 2 btc if this is still available.

[justbtcme]

I'll place a bid of 2 btc if this is still available.

I think he's asking for 2.5BTC, no less.

[Nightowlace]

Realistically the best market for coin resellers is off this forum. I've found I get an average of 33% higher premiums if sold in person, on eBay, etc. That's where you will get some money for this coin.

[djjacket]

If I recalled correctly, Mike's markup on the 2011 coins were around 0.2-0.5, can anyone confirm this?

Im pretty sure it was much higher. Bitcoin was still around a couple dollars each, with the coin, cost of BTC on the coin, etc. I think they were a few bitcoin. Correct me if I'm wrong.

From Mike's original sale thread - man those were shiny!!

Still building the web content to sell these online.  These turned out sweet!  Until then, supply shipping info and ask me in PM for a PGP signed bitcoin payment address.

These are a REAL BITCOIN each worth 1 BTC.  One side has a hologram.  Underneath the hologram layer is a private key.  The first 8 characters of the bitcoin address appears on each coin.

Current pricing: 1.25 BTC per coin for up to 10 coins.  1.20 BTC per coin for up to 100 coins.  Add 1.00 BTC for shipping (any quantity, and it will be sent USPS Priority Mail insured for our mutual protection).  Outside US, please let me do some research to find out the best way to ship these (as they are heavy in quantity and I prefer to ship them insured).

[nubbins]

From Mike's original sale thread - man those were shiny!!

2.25BTC for one, 1.75ea for two, 1.58ea for three... 1.28ea if you bought a dozen

[djjacket]

From Mike's original sale thread - man those were shiny!!

2.25BTC for one, 1.75ea for two, 1.58ea for three... 1.28ea if you bought a dozen

And those (1 BTC) were US shipping rates...

[ducatitalia]

If I recalled correctly, Mike's markup on the 2011 coins were around 0.2-0.5, can anyone confirm this?

Im pretty sure it was much higher. Bitcoin was still around a couple dollars each, with the coin, cost of BTC on the coin, etc. I think they were a few bitcoin. Correct me if I'm wrong.

From Mike's original sale thread - man those were shiny!!

Still building the web content to sell these online.  These turned out sweet!  Until then, supply shipping info and ask me in PM for a PGP signed bitcoin payment address.

These are a REAL BITCOIN each worth 1 BTC.  One side has a hologram.  Underneath the hologram layer is a private key.  The first 8 characters of the bitcoin address appears on each coin.

Current pricing: 1.25 BTC per coin for up to 10 coins.  1.20 BTC per coin for up to 100 coins.  Add 1.00 BTC for shipping (any quantity, and it will be sent USPS Priority Mail insured for our mutual protection).  Outside US, please let me do some research to find out the best way to ship these (as they are heavy in quantity and I prefer to ship them insured).

Just gotta be an MS68 in there somewhere...