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Topic: 10 BTC Casascius up for auction on Stacks Bowers - page 3. (Read 1301 times)

copper member
Activity: 449
Merit: 12
Is anyone else surprised by the prices of some of the lower denomination loaded coins? Seems like these sold for much higher this time than previous S&B auctions - for example the Satori chips

sr. member
Activity: 756
Merit: 255
So the 10BTC coin went for 260K on S&B tonight?  I mean, yeah it's higher than load but it started at 250K.... Only one bid I think?

Then the 1 BTC Cas coins went for soooo much more than face lol...  S&B FTW, fuck GreatCollections unless you wanna flip I guess? Tongue

Edit - strangely, it's not much different on the above auction, but then again, the timeframes I did not take into account Roll Eyes

It says 312k? Or is that with all costs included.
legendary
Activity: 3570
Merit: 1959
So the 10BTC coin went for 260K on S&B tonight?  I mean, yeah it's higher than load but it started at 250K.... Only one bid I think?

Then the 1 BTC Cas coins went for soooo much more than face lol...  S&B FTW, fuck GreatCollections unless you wanna flip I guess? Tongue

Edit - strangely, it's not much different on the above auction, but then again, the timeframes I did not take into account Roll Eyes
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.

I've been watching this site for quite a while, much longer than S&B, and I think most crypto stuff goes for much less of a premium there. No idea why, maybe those folks are not as educated, or what....  Just my observations based on past auctions I recall watching I guess, IDK.. 🤷‍♂️

   I gotta agree....Stacks and Bowers gets much better prices than greatcollections!

     
   Actually it went for less than load value unless you calculated the buyers fees from the auction.



donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Very interesting and exciting to see this hit the auction block. I wouldn’t be surprised to see this sold for over $400K, as that’s what it would take to get one of mine currently. Hoping it’ll set off a bidding war that will surpass my expectations but you never know. Maybe people won’t want to scale the premium and we’ll see it sold for just over 10 BTC. Either way, I’m curious.
legendary
Activity: 3570
Merit: 1959

I've been watching this site for quite a while, much longer than S&B, and I think most crypto stuff goes for much less of a premium there. No idea why, maybe those folks are not as educated, or what....  Just my observations based on past auctions I recall watching I guess, IDK.. 🤷‍♂️
hero member
Activity: 2422
Merit: 668
Community management 24/7 for hire
good catch- yes, the bid price is for the whole coin including load value, which makes the 250k technically uninteresting beyond being a milestone for an actual $ amount bid on a "Bitcoin" which will grab the attention of collectors unfamiliar with these. The "real" auction is this Friday, and the reserve price will ensure that it can't sell below the load value. Previously they've been doing 2-3x load for silvers, so popcorn's out.

You always have the risk the QR somehow can't claim the BTC. History has shown that you cannot set it to 0. Agree for Casascius close to 0 but still.
I will say 1 BTC on a coin not equal to 1 BTC in a wallet you control.
If you are very rich, you can better ignore that risk. But if I were to buy 10 BTC coin, it is not a risk I could ignore. So would not pay load.
legendary
Activity: 1401
Merit: 1143
The Cryptonumist
good catch- yes, the bid price is for the whole coin including load value, which makes the 250k technically uninteresting beyond being a milestone for an actual $ amount bid on a "Bitcoin" which will grab the attention of collectors unfamiliar with these. The "real" auction is this Friday, and the reserve price will ensure that it can't sell below the load value. Previously they've been doing 2-3x load for silvers, so popcorn's out.
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
now in these cases is the load value taken into consideration when looking at the value as the majority of the price may be directly linked to the loaded value instead of the numismatic value - I will be curious to see the amount over load that the coin gets and would almost consider that to be the coins "value" separate from the load value.
legendary
Activity: 1401
Merit: 1143
The Cryptonumist
Looks like a 10 BTC coin is already pre-bidding at 250k on Stacks, set to go into live bidding on Friday which should be exciting to watch over YouTube.

https://auctions.stacksbowers.com/lots/view/3-13WSZN/2012-casascius-gold-b-10-bitcoin-loaded-firstbits-1agrpnvg-series-2-silver-specimen-68-pcgs

My thinking is that if this sells successfully, it will create some waves in the mainstream numismatics world because anything in the 6-figure range is serious business by practically any measure of the hobby, and its hard to dismiss a barely decade-old coin going for that type of sum. Bullish  Cool
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