Topic: [ANN][WTS] Brand new line of Physical Coins! SERIES 1, SOLD OUT!!! - page 9. (Read 13734 times)

I know this is the issue.  I wanted to make the bit, lite and doge a bonus on top of the other coins that would be available.  I myself am a bitcoin coin hoarder, but didn't want to compete with the other current manufacturers.  Once the market gets flooded, and it will, people will start getting tired of just buying the next companies coins (well I will keep buying any that come out..lol).  This distribution plan could change and this might be the only one of my series to have such a limited run and a very hard to attain bitcoin.  Dont know how this will all shake out but we will see.  I wanted to change things up a bit and maybe it will work and maybe not.

 As far as reselling the ones you dont want, I could actually see people (who are familkiar with each other here) possibly swapping coins they might have dups of, or yes selling them off to other people.  Thanks for your interest in my project either way.

wheelz1200

I think the concept is interesting.  Only problem is that its a big gamble hoping for a bitcoin and spending $15 per pop, and having roughly a 1 in 21 chance of getting a bitcoin variety.  I for one, would prefer that some be made at auction for those wanting a specific coin.

I would hate to have to buy a bunch of packs just to get the one bitcoin I really care for. 

Maybe I'll buy a few packs and resell the other coins not needed to others? 

Thanks for the information!

For series 1 the only difference between the coins is the coin name engraved at the bottom and obviously the address corresponding to that specific coin.  Its pretty generic as I wanted to keep costs to a minimum so I did not have to pass on a huge price to the consumer, the more custom each coin is, the cost goes up greatly.  I have a new found respect for all coin producers out there as its a lot of work and there are costs that you dont even think about that pop up.  There will be additional features to future coins if the market dictates for it.

Wheelz1200

Is the difference between the coins just the name or is there some type of engraved logo?

I understand your concern.  When I started this project it was started with the intention to bring more altcoins that are available in the physical market.  There are a long list of manufacturers of bitcoin, litecoins, and the other big coins.  I didnt want to add to that market but rather create a new one.  I dont support each and everyone of these altcoins but the are a part of crypto history and wanted a way to creatively document that.  Also if one of these altcoins grab hold and become bigger than they currently are you will have the opportunity to own one of the first "memorabilia" of that coin.  As far as distribution I wanted to add a bit more collectability.  It might not be perfect or even a good way of going about doing it.  That is why my first series was made with the intent to test the market and the response.  This may very well be the last time i distribute my couns this way, maybe not.  As far as the low mintage of the more popular coins i wanted to add them into packs to give the opportunity to grab a scarce coin and incentivize the buyer to go for the packs.  And then they could also directly buy what they might be missing.  I just know for series one if you wanted to make a complete set of coins it will be really hard and you might be the only one to have a complete set.  I just dont know if the market is there with me.  Sorry for the long posts.  I just want to make sure my ideas and intentions are clear so everyone can make the best possible choice if they like the idea or not.  As always thanks for your interest in my project.

Wheelz1200

I like the antique look but I am not sure I like the distribution.  I understand the gimmick behind the trading cards (not sure how many people still buy cards today that did when they were kids) but I wouldn't be willing to buy many coins in this way as I wouldn't want to receive an altcoin coin that I really did not want.  It won't be fair to people who wanted a specific altcoin and receive the bitcoin coin instead either.   

Essentially "a pack" is one random coin from the total so if I wanted to purchase 1 Bitcoin, 1 Doge, and 1 Litecoin coins, would I have to purchase 3 packs minimum and risk the chance of receiving 3 altcoins that I do not support or can I just pay $45?

One more question, what was the reason behind making the most popular coins the lowest mintage?

I 100% agree with you about a custom holo.  With this being a new kind of way to sell coins I wanted to guage the interest of the community before I went knee deep cost wise.  A custom security sticker costs thousands of dollars to make on top of actual coin, packaging, etc  I did not want to sink so far into costs that I would have to either do a presale or make the price too high.  For my first couple of series I wanted to keep cost low for the buyer.  I am solo on this project but if there turns out to be an interest in this model I plan on designing and buying custom holograms, using precious metals, etc for future series of genesis coins.  As far as auctioning off the lower serial number coins, I wanted to put a "lucky" aspect to the distribution of these coins.

BTW- the holos that are on these coins are semi-custom.  They do have a generic sticker but had my company printed on them that glows under UV lighting (design is similar to the sticker in the pack shown in the pictures)

Thanks for your interest in this thread.

Wheelz1200

This is an interesting distribution idea, although I don't see what's wrong with just auctioning off the lower coin numbers from each series.
The coins themselves look pretty nice, but I think that if they'd had a custom made hologram, it would have added that little extra spark adding to the appeal.

Payment recieved.  1st pack gone 209 left.  Pics will be up within 15 minutes (shoddy cell phone pics)  will get some better ones up as soon as I can.

wheelz1200 explained his concept to me a little more via PM and I decided to go ahead and try out one of the random packs! Payment sent for pack + shipping, I will let you guys know what I get.

Pm sent

I edited my post but yeah I'll go ahead and buy the first pack or physical Bitcoin you're selling for $15. I haven't even seen pictures yet but it sounds cool and the price is decent for sure. I can send first on this I don't feel like you would have come up with all of this plan to rip me off for $15-20 ha. Just shoot me a PM and let me know what's available.

Thanks

Lol...yeah lots of info.  My coins are fully minted, packaged and ready for sale.  No preorders.  I have been working on these the last 2 months and this is the very first post I mentioned them in.  Will hoppefully get a full line of pics up of the coins tonight.  If not it will have to be tomorrow.

That is a lot of info. that I'll have to read through in full again but it does sound interesting with the trading cards comparison of a lucky pack. I'm confused as to when you are selling these though- now, or working on them, or pre-orders? Sorry I'm sure you probably stated that like I said I need to read the full post.


EDIT: For $15 I'd be interested in buying the first pack (or individual coin?) and checking them out.

Here are some pictures of my coins.  These were taken from a cell phone and not with a high quality camera so they are not the best, and do the coins no justice.  I figured its better to at least have these up until I can get some better pictures posted.  Some of the pictures are upside down.  If you have additional questions, please feel free to PM me.

Side One (front):



Side One of another coin :



Side Two (back) of the coin:



Coin "pack":



Another picture of Side One of the coin:

I’m proud to announce the sale of my first series of physical coins…..Genesis Coin
-   The idea: I was looking for coins, other than the more well known coins (i.e. Bitcoin, Litecoin, etc.) and saw that there weren’t many choices out there if any at all. There are many companies minting physical Bitcoins and I did not want to add just another choice for people. So I went out and created a brand new line of coins to compliment the current market.  So what I am bringing to the market is a line of coins, which I call Genesis Coin, which in my first series of coins will represent 12 different coins with a total production run of 300.  
-   Coins and mintage:  As I’ve stated there are a total of 300 coins in Series 1 of my line spread across 12 different crypto coins, as follows (Coin and total amount minted):
Bitcoin - 10
Litecoin - 10
Dogecoin – 10
Coin2 – 30
Hyper – 30
Peercoin – 30
Namecoin – 30
ShadowCash – 30
DNotes – 30
Darkcoin – 30
Reddcoin – 30
Clams – 30
-   Coin Design: Because of the large cost to minting a short run of coins, each coin will have the same generic design.  The design on side one – will have the word Genesis right in the middle, with a circle surrounding the word.  On top of Genesis will be six dates and below will be six dates.  Each one of those dates corresponds to the genesis block creation date for each one of the 12 coins in series one.  On the outside rim will be the names of all 12 coins represented.  On the bottom right will be the date 2015 to correspond to the mint date.  Opposite on the left side will be a serialized engraving of the number coin it is.  And on the bottom center will be the coin’s name that it is engraved into the coin.  On side 2 will be a full address on the top rim that will be specific to the coin that is engraved on side one.  In the center will be a security sticker in a recessed area that will cover the printout of the full security key that pairs with the address engraved above it.  The security sticker has my companys name that lights up under UV lighting. The coin is 1.5” in diameter and is made from copper/brass alloy.  Each coin will be serialized 1-10 or 1-30 depending on which coin you get.  Every coin serialized 1-10 will be gold plated (for all 12 coins), and every coin serialized 11-30 will be silver plated (for the 9 coins excluding; Bitcoin, Litecoin, and Dogecoin as they only have 10 each produced).  There will be black accents throughout the coin for contrast from the silver or gold plating.  So yes there are only ‘10’ Genesis Series 1 Bitcoins that will be produced.  Again I’m looking to compliment the current market.
-   THE TWIST……
-   Distribution:  So as an avid collector of many things throughout my life, I wanted to change the current distribution method of attaining these coins.  As a kid I grew up collecting sports cards, buying many, many packs of cards to try to get the cards/players that I wanted.  So what I have chosen to do was to employ the same type of distribution method.  For every coin serialized 1-15 and 26-30 will be packaged up into “packs” and for the coins serialized 16-25 they will be available for direct sale.  Each coin headed into packs, has been put into a non-see through white package and a Genesis sticker placed on the front of the package,  everyone of them packaged the same.  So what that means is that the Bitcoin, Litecoin and Dogecoins are only attainable via buying a pack and landing the coin.  The other coins will each have 10 available for sale and the other 20 placed into packs as well.  So for Series one there will be 85 coins directly for sale and 210 “packs” available for sale.  That leaves 5 unaccounted for; 1 I will be shipping off a pack to a member here at BCT, Elianite, for his review.  It will be a non premium coin (coins serialized only to 10).  The other 4 I am keeping for my own collection, again none of them are premium coins (Bitcoin, Litecoin, etc.).  I will be keeping 1 of each- Coin2, Hyper, Darkcoin, and Reddcoin.  Every coin individually for sale and in the packs will be placed in a plastic coin capsule.
-   Sale method:  I will be selling these exclusively here on Bitcointalk.org for the first month and then, whatever coins are left for sale, I will open up to other sale avenues.
-   Payment:  I will ONLY accept Bitcoin as of this time.  I will not accept Paypal under any circumstance, (learned the hard way they don’t like anything to do with digital currencies).  Hopefully in the near future I will accept other coins, but not as of now.
-   Preorder: None.  Coins are minted, in hand, packaged and ready to ship.
-   Shipping:  I will be shipping from The United States in New Jersey.  I will be using USPS for all sales.  For shipping within the lower 48 states, tracked shipping will be $6, and most international shipping will be $16 using tracked registered USPS mail (please pm me with the country you would like them shipped to, to confirm).  Those quotes are for 1 coin or pack.  For multiple coins or packs please pm me for a quote.  I will be making shipments every Wednesday and Saturday.
-   Escrow: Of Course, We can discuss who will provide escrow services, but ultimately I will have to approve and will only utilize a reputable escrow service from a member here on bitcointalk who has provided multiple transactions without issues (i.e. OGNasty).
-   Terms of Service:  All sales are final and before purchasing understand this.  As with any coins that have been made, there is a possibility of counterfeits that pop up.  I cannot be responsible for anyone purchasing Genesis coins from anyone other than myself, unless I approve them as a reseller.  
-   Disclaimer: There are a couple of known manufacturing errors that were discovered after receipt and my verification process:
o   3 coins (Bitcoin ser #2, Coin2 ser #2 and Peercoin ser #9) have the serial number and their name engraved upside down
o   All Shadowcash coins ser# 1-30 have been engraved with the name Shadowcoin instead of ShadowCash

I told myself, for my series #1, if there are any discrepancies (other than address) that are minted wrong that I will be keeping them as is.  I wanted a true representation of the first set of my coins.  With my future series, these will be sent back for rework prior to release.  It was more than I thought would come out, but it is what it is, and I’m sticking with the true first mint as is.

****Please be vigilant against posts claiming to be me, wheelz1200, with different user names.  Don’t fall for the silly wheelz120O or whee1z1200.  Please pm me if you would like to verify before purchasing, do not reply to any of these fakes.  I cannot refund anyone who has sent payment to a fake account.  I would like to ask the community as well, to report any of these attempts to myself via this post as well as any administrator.



Please make payment to this address and this address only. I will never ask you via pm to pay to another address.  If I need to change address payments I will broadcast that here on this post, Bitcoin address for payment: 14tjZChqkvuufWZfUJTZndkrxwEB4f45QH

***Pictures to follow***

Edit:  price: $15 for each coin or pack.