Those are the wrong series coin, no?
correct; those are v1 2011 1btc brass coins
Topic: 2011 S2 MS65 Casascius coin (Read 2884 times)
Those are the wrong series coin, no?
correct; those are v1 2011 1btc brass coins
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...
Those are the wrong series coin, no?
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...
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...
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
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).
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.
I'll place a bid of 2 btc if this is still available.
I think he's asking for 2.5BTC, no less.
I'll place a bid of 2 btc if this is still available.
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.
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.
If I recalled correctly, Mike's markup on the 2011 coins were around 1.2-1.5, can anyone confirm this?
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
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.
Mike based his prices on fiat value for his markup though...
All the resellers, however...
fiat = fake bitcoin = irelevant
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.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
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...
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.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
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.
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.
Ah well I cant go anywhere near that...next time you should state that in OP and save us all the hassle
+1
Ah well I cant go anywhere near that...next time you should state that in OP and save us all the hassle
Still waiting for an answer from the guy. I honestly wouldn't take less than 2.5 Bitcoin though at today's rate.
I'll start things out with 1.25, depending on how those pictures look
Coin may be sold. I will update tonight.
YOLO 1.65BTC
Pictures would be nice for sure
Like the title says! Make me an offer. I don't need to sell it, but if the price is right, it can be yours! I'll post pics tomorrow. It's late, and it's in the safe and I don't feel like digging it out right now.
Escrow happily accepted, or you send first! DannyHamilton is the preferred escrow holder.
Escrow happily accepted, or you send first! DannyHamilton is the preferred escrow holder.
Graded by ANACS? If so , 1.6 pending picture.
Lou can you let us know if this is still available?
im actually a bit upset that its going for anything less then 2.5BTC.
This is rarer (and in excellant shape) then the 2011 V1!!
This is rarer (and in excellant shape) then the 2011 V1!!
The market for Casascius stuff is still very young. The future collectors of these coins will realize their full potential.
This is as good a time as any to remind people how numismatics are priced.
SALE PRICE = (FACE VALUE) + (NUMISMATIC VALUE) + (SELLER'S PREMIUM)
Notice the lack of multiplication symbols; statements such as "2x face" or "10x face" have no meaning and no place in numismatics.
The FACE VALUE for a Casascius coin would be the value of the BTC stored within, plus the spot value of any precious metals.
The NUMISMATIC VALUE is an absolute value based solely on the desirability of the coin. This generally correlates with mintage, age, and condition, but other factors can be at play here as well.
The SELLER'S PREMIUM varies from seller to seller, based on a number of factors including the seller's trustworthiness, care in packaging, supporting documentation or certifications, and other factors.
The biggest point to make here is that with all other things being equal, FACE VALUE and NUMISMATIC VALUE have no bearing on one another.
SALE PRICE = (FACE VALUE) + (NUMISMATIC VALUE) + (SELLER'S PREMIUM)
Notice the lack of multiplication symbols; statements such as "2x face" or "10x face" have no meaning and no place in numismatics.
The FACE VALUE for a Casascius coin would be the value of the BTC stored within, plus the spot value of any precious metals.
The NUMISMATIC VALUE is an absolute value based solely on the desirability of the coin. This generally correlates with mintage, age, and condition, but other factors can be at play here as well.
The SELLER'S PREMIUM varies from seller to seller, based on a number of factors including the seller's trustworthiness, care in packaging, supporting documentation or certifications, and other factors.
The biggest point to make here is that with all other things being equal, FACE VALUE and NUMISMATIC VALUE have no bearing on one another.
1.5
im actually a bit upset that its going for anything less then 2.5BTC.
This is rarer (and in excellant shape) then the 2011 V1!!
This is rarer (and in excellant shape) then the 2011 V1!!
Just because it is rare doesn't make it more desirable. Most people want an error coin over these just because.
im actually a bit upset that its going for anything less then 2.5BTC.
This is rarer (and in excellant shape) then the 2011 V1!!
This is rarer (and in excellant shape) then the 2011 V1!!
who are these guys... 
Some serious Casascius collectors
who are these guys...
My offer: 1.4BTC
1.35
I'd match nubbins offer if he didn't mind, I'd love to own an early graded coin as something I can keep and pass down through generations. If not it looks like you may have accepted his bid already and thanks for considering.
I don't mind if you match my offer. If you beat my offer, however..
I'd match nubbins offer if he didn't mind, I'd love to own an early graded coin as something I can keep and pass down through generations. If not it looks like you may have accepted his bid already and thanks for considering.
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. 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
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
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
I'll start things out with 1.25, depending on how those pictures look
Coin may be sold. I will update tonight.
I'll start things out with 1.25, depending on how those pictures look
Like the title says! Make me an offer. I don't need to sell it, but if the price is right, it can be yours! I'll post pics tomorrow. It's late, and it's in the safe and I don't feel like digging it out right now.
Escrow happily accepted, or you send first! DannyHamilton is the preferred escrow holder.
Escrow happily accepted, or you send first! DannyHamilton is the preferred escrow holder.
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