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Topic: Are Physical Coins a good investment? - page 2. (Read 2022 times)

hero member
Activity: 504
Merit: 500
July 14, 2014, 10:45:50 AM
#5
An intact physical bitcoin should never be worth less than the underlying bitcoin.  

Yes again I realize 1BTC will always equal 1BTC. But say you buy a Casascius 1BTC which carries a $400 premium in addition to the 1BTC funded value, would you of been better off to just hold the $400 worth of BTC, rather than put it into the collectors value of the coin?  Cause if BTC goes up, then that $400 extra you paid for the coin would be worth less in BTC.  Same in $ value per say, but less in BTC.  See what I'm getting at?
legendary
Activity: 948
Merit: 1026
July 14, 2014, 10:41:38 AM
#4
An intact physical bitcoin should never be worth less than the underlying bitcoin. 
hero member
Activity: 504
Merit: 500
July 14, 2014, 10:38:01 AM
#3
A physical coin with an intact hologram will not only have the underlying bitcoin value, but also the collectable value of that physical bitcoin with an intact hologram.  Make sense? 

Yes I get that, I'm just wondering if they are as good of an investment as straight BTC.  Because if BTC were to rise, the "collectors value" would have to rise too to match the rise in BTC value.  If it didn't the coin would be worth less in BTC.
legendary
Activity: 948
Merit: 1026
July 14, 2014, 10:32:02 AM
#2
A physical coin with an intact hologram will not only have the underlying bitcoin value, but also the collectable value of that physical bitcoin with an intact hologram.  Make sense? 
hero member
Activity: 504
Merit: 500
July 14, 2014, 10:25:40 AM
#1
I've been looking at investing in physical BTC coins for a little while now, but I wondered if they are the best bet.  Heres what I was thinking:

For example : You buy a 1BTC physical coin for 1BTC (the funded value) + a premium, say $300.  So right now you'd pay about 1.48BTC.

Then if BTC value goes up to say $750, the coin would only be worth 1.4BTC, and less if BTC goes higher.

So my question is, is it better to just hold BTC rather than physical coins?  Assuming the coin gains some collectors value, it would have to gain a lot in my opinion to keep with with any rise in BTC.  Any thoughts?
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