At what price level do you start peeling rather than selling? - page 2.

theta

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Quote from: Lesbian Cow on August 14, 2017, 10:02:33 AM

Quote from: gentlemand on August 14, 2017, 08:02:35 AM

Quote from: AT101ET on August 13, 2017, 11:16:16 PM

The only point in peeling would be to liquidate your BTC holdings for cash.

Not necessarily. I might want to spend it. I might not want something physically accessible lying around. I may want it all installed in a hardware wallet.

I really couldn'tbe arsed with face to face sales and showing up with a sawn off in my panties. I like the sound of a legit auction house but a long wait could be in order indeed.

For an alternative to the sawed off shotgun idea....US seller, European buyer....both fly to Heathrow arriving around the same time. Meet in the really fun Polish bar owned by the angry old Polish woman and do the exchange there. You know the other guy isn't armed because you are still in the terminal of an airport. Seller can fly with the coin in his pocket the entire trip. Both get on return flights never leaving the terminal.

Talk about high transaction costs

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: JUPITYR on August 14, 2017, 09:52:05 AM

For Cas coins, I could consider peeling them all in the next 5 years if the price continues to hold at these levels or increase. I can't imagine that the ink will not start to fade to the point of illegibility at some point. Especially for the raw examples that are sitting in a desk draw or other humid environments. Perhaps the Cas coins in ANACS holders could delay the fading by several years.

Some of the newer physical crypto makers put some more thought into the ink and substrate that they printed the private keys on. Those might last another 15-20 years, but at some point I would think they are all a risk for fading.

Don't worry about fading. When the coins are worth enough we may use advanced scanning techniques to read the keys (unless the collectible value of unpeeled coins makes the option moot).

http://eu.greekreporter.com/2015/01/22/scientists-read-greek-volcano-burnt-scrolls-found-in-italy/

Lesbian Cow

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Quote from: dazedfool on August 14, 2017, 06:07:13 PM

Quote from: Lesbian Cow on August 14, 2017, 05:47:32 PM

Quote from: digicoinuser on August 14, 2017, 05:44:35 PM

Quote from: Lesbian Cow on August 14, 2017, 05:22:40 PM

Quote from: dazedfool on August 14, 2017, 01:45:35 PM

If this rocketship crosses 5k usd, I might try to cash in and trade a few for a kilo brick of gold. Got one of those? Wink

325 ounces generic .999 silver, all stamped with mint, purity and weight, for 1 graded Cas Gilt silver.

Now that's a lotta silver! Grin

To add to the thread, I'd believe it depends on your financing and willingness to accept risk.

I would throw in an extra 10 ounces for the one with the gold heart on it.

325toz at 17/toz is only like 1.3btc @4250usd. Kinda low bro... Roll Eyes

And the golden heart from our AWOL pal bitmarket isn't for sale. Part of my oddity collection with a 2011 "double" error now

I could add a 1/10 oz 1985 gold panda and 6 twix bars (or candy bar of your choice).

dazedfool

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derp

Quote from: Lesbian Cow on August 14, 2017, 05:47:32 PM

Quote from: digicoinuser on August 14, 2017, 05:44:35 PM

Quote from: Lesbian Cow on August 14, 2017, 05:22:40 PM

Quote from: dazedfool on August 14, 2017, 01:45:35 PM

If this rocketship crosses 5k usd, I might try to cash in and trade a few for a kilo brick of gold. Got one of those? Wink

325 ounces generic .999 silver, all stamped with mint, purity and weight, for 1 graded Cas Gilt silver.

Now that's a lotta silver! Grin

To add to the thread, I'd believe it depends on your financing and willingness to accept risk.

I would throw in an extra 10 ounces for the one with the gold heart on it.

325toz at 17/toz is only like 1.3btc @4250usd. Kinda low bro... Roll Eyes

And the golden heart from our AWOL pal bitmarket isn't for sale. Part of my oddity collection with a 2011 "double" error now

Lesbian Cow

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Quote from: digicoinuser on August 14, 2017, 05:44:35 PM

Quote from: Lesbian Cow on August 14, 2017, 05:22:40 PM

Quote from: dazedfool on August 14, 2017, 01:45:35 PM

If this rocketship crosses 5k usd, I might try to cash in and trade a few for a kilo brick of gold. Got one of those? Wink

325 ounces generic .999 silver, all stamped with mint, purity and weight, for 1 graded Cas Gilt silver.

Now that's a lotta silver! Grin

To add to the thread, I'd believe it depends on your financing and willingness to accept risk.

I would throw in an extra 10 ounces for the one with the gold heart on it.

digicoinuser

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Quote from: Lesbian Cow on August 14, 2017, 05:22:40 PM

Quote from: dazedfool on August 14, 2017, 01:45:35 PM

If this rocketship crosses 5k usd, I might try to cash in and trade a few for a kilo brick of gold. Got one of those? Wink

325 ounces generic .999 silver, all stamped with mint, purity and weight, for 1 graded Cas Gilt silver.

Now that's a lotta silver! Grin

To add to the thread, I'd believe it depends on your financing and willingness to accept risk.

Lesbian Cow

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Activity: 3066

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Quote from: dazedfool on August 14, 2017, 01:45:35 PM

Quote from: Lesbian Cow on August 14, 2017, 12:49:51 PM

Quote from: dazedfool on August 14, 2017, 11:51:39 AM

Quote from: Lesbian Cow on August 14, 2017, 10:02:33 AM

Quote from: gentlemand on August 14, 2017, 08:02:35 AM

Quote from: AT101ET on August 13, 2017, 11:16:16 PM

The only point in peeling would be to liquidate your BTC holdings for cash.

Not necessarily. I might want to spend it. I might not want something physically accessible lying around. I may want it all installed in a hardware wallet.

I really couldn'tbe arsed with face to face sales and showing up with a sawn off in my panties. I like the sound of a legit auction house but a long wait could be in order indeed.

For an alternative to the sawed off shotgun idea....US seller, European buyer....both fly to Heathrow arriving around the same time. Meet in the really fun Polish bar owned by the angry old Polish woman and do the exchange there. You know the other guy isn't armed because you are still in the terminal of an airport. Seller can fly with the coin in his pocket the entire trip. Both get on return flights never leaving the terminal.

I've had individuals fly out to meet me on a few occasions. Always at a location of my choosing.

Never tried meeting halfway behind airport security, that's clever. Will have to give that a go sometime.

Sell me a couple goldies and silvers at the right price and we can do it!

If this rocketship crosses 5k usd, I might try to cash in and trade a few for a kilo brick of gold. Got one of those? Wink

325 ounces generic .999 silver, all stamped with mint, purity and weight, for 1 graded Cas Gilt silver.

Hellot

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I imagine various forensics methods could get the key if the ink fades. The ink is still there. The paper surface is different on a microscopic level. You might be able to re-dye the ink on the paper using a solution that binds to the old ink and shows up under UV light. The future value of these coins kind of insures we will figure this out if it becomes a problem.

JUPITYR

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Quote from: M++ on August 14, 2017, 02:18:11 PM

Quote from: JUPITYR on August 14, 2017, 09:52:05 AM

For Cas coins, I could consider peeling them all in the next 5 years if the price continues to hold at these levels or increase. I can't imagine that the ink will not start to fade to the point of illegibility at some point. Especially for the raw examples that are sitting in a desk draw or other humid environments. Perhaps the Cas coins in ANACS holders could delay the fading by several years.

Some of the newer physical crypto makers put some more thought into the ink and substrate that they printed the private keys on. Those might last another 15-20 years, but at some point I would think they are all a risk for fading.

This make no sense, you've the public key in the front no? I never see any front public key fading so far, could last forever IMO. If the public key in the front start to effectively fade it can be a problem, but for now no one have ever reported any problem.

(I'm not a pro, but I own some)

Exactly. For now most of them are likely just fine. My point is what their relative condition will be in 5 years time or more.

Yes, you would likely have some warning when the fading begins, but it's not a matter of if they fade, but when.

Denarium prints on plastic paper, which likely offers a longer shelf-life.

Of course no one knows for sure. But, if you have a 25 BTC Cas coin are you willing to let that peel value "fade" out of existence. At some point it would seem a risk.

gentlemand

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Welt Am Draht

Quote from: M++ on August 14, 2017, 02:18:11 PM

This make no sense, you've the public key in the front no? I never see any front public key fading so far, could last forever IMO. If the public key in the front start to effectively fade it can be a problem, but for now no one have ever reported any problem.

(I'm not a pro, but I own some)

Maybe it's worth considering the conditions at the time of their creation. They were purely created to shine a light on Bitcoin. The brass ones were manufactured by a car wash token company. They were selling for about $7 when first launched.

If he'd realised just how valuable they'd become he might have put more care into the printing. I assume everything'll be fine but it probably wasn't military grade stuff.

M++

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Quote from: JUPITYR on August 14, 2017, 09:52:05 AM

For Cas coins, I could consider peeling them all in the next 5 years if the price continues to hold at these levels or increase. I can't imagine that the ink will not start to fade to the point of illegibility at some point. Especially for the raw examples that are sitting in a desk draw or other humid environments. Perhaps the Cas coins in ANACS holders could delay the fading by several years.

Some of the newer physical crypto makers put some more thought into the ink and substrate that they printed the private keys on. Those might last another 15-20 years, but at some point I would think they are all a risk for fading.

This make no sense, you've the public key in the front no? I never see any front public key fading so far, could last forever IMO. If the public key in the front start to effectively fade it can be a problem, but for now no one have ever reported any problem.

(I'm not a pro, but I own some)

dazedfool

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derp

Quote from: Lesbian Cow on August 14, 2017, 12:49:51 PM

Quote from: dazedfool on August 14, 2017, 11:51:39 AM

Quote from: Lesbian Cow on August 14, 2017, 10:02:33 AM

Quote from: gentlemand on August 14, 2017, 08:02:35 AM

Quote from: AT101ET on August 13, 2017, 11:16:16 PM

The only point in peeling would be to liquidate your BTC holdings for cash.

Not necessarily. I might want to spend it. I might not want something physically accessible lying around. I may want it all installed in a hardware wallet.

I really couldn'tbe arsed with face to face sales and showing up with a sawn off in my panties. I like the sound of a legit auction house but a long wait could be in order indeed.

For an alternative to the sawed off shotgun idea....US seller, European buyer....both fly to Heathrow arriving around the same time. Meet in the really fun Polish bar owned by the angry old Polish woman and do the exchange there. You know the other guy isn't armed because you are still in the terminal of an airport. Seller can fly with the coin in his pocket the entire trip. Both get on return flights never leaving the terminal.

I've had individuals fly out to meet me on a few occasions. Always at a location of my choosing.

Never tried meeting halfway behind airport security, that's clever. Will have to give that a go sometime.

Sell me a couple goldies and silvers at the right price and we can do it!

If this rocketship crosses 5k usd, I might try to cash in and trade a few for a kilo brick of gold. Got one of those? Wink

Lesbian Cow

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Activity: 3066

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Quote from: dazedfool on August 14, 2017, 11:51:39 AM

Quote from: Lesbian Cow on August 14, 2017, 10:02:33 AM

Quote from: gentlemand on August 14, 2017, 08:02:35 AM

Quote from: AT101ET on August 13, 2017, 11:16:16 PM

The only point in peeling would be to liquidate your BTC holdings for cash.

Not necessarily. I might want to spend it. I might not want something physically accessible lying around. I may want it all installed in a hardware wallet.

I really couldn'tbe arsed with face to face sales and showing up with a sawn off in my panties. I like the sound of a legit auction house but a long wait could be in order indeed.

For an alternative to the sawed off shotgun idea....US seller, European buyer....both fly to Heathrow arriving around the same time. Meet in the really fun Polish bar owned by the angry old Polish woman and do the exchange there. You know the other guy isn't armed because you are still in the terminal of an airport. Seller can fly with the coin in his pocket the entire trip. Both get on return flights never leaving the terminal.

I've had individuals fly out to meet me on a few occasions. Always at a location of my choosing.

Never tried meeting halfway behind airport security, that's clever. Will have to give that a go sometime.

Sell me a couple goldies and silvers at the right price and we can do it!

dazedfool

legendary

Activity: 1534

Merit: 1133

derp

Quote from: Lesbian Cow on August 14, 2017, 10:02:33 AM

Quote from: gentlemand on August 14, 2017, 08:02:35 AM

Quote from: AT101ET on August 13, 2017, 11:16:16 PM

The only point in peeling would be to liquidate your BTC holdings for cash.

Not necessarily. I might want to spend it. I might not want something physically accessible lying around. I may want it all installed in a hardware wallet.

I really couldn'tbe arsed with face to face sales and showing up with a sawn off in my panties. I like the sound of a legit auction house but a long wait could be in order indeed.

For an alternative to the sawed off shotgun idea....US seller, European buyer....both fly to Heathrow arriving around the same time. Meet in the really fun Polish bar owned by the angry old Polish woman and do the exchange there. You know the other guy isn't armed because you are still in the terminal of an airport. Seller can fly with the coin in his pocket the entire trip. Both get on return flights never leaving the terminal.

I've had individuals fly out to meet me on a few occasions. Always at a location of my choosing.

Never tried meeting halfway behind airport security, that's clever. Will have to give that a go sometime.

Rmcdermott927

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Activity: 2254

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I don't think I'd peel unless it was a coin with very low premium. For example, it would just be silly to peel a casascius coin as it would essentially be throwing away money as they all command a worthy premium.

zanzibar

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Quote from: krogothmanhattan on August 13, 2017, 06:51:29 AM

Never..pass them on to my kids

Same.

Lesbian Cow

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Quote from: gentlemand on August 14, 2017, 08:02:35 AM

Quote from: AT101ET on August 13, 2017, 11:16:16 PM

The only point in peeling would be to liquidate your BTC holdings for cash.

Not necessarily. I might want to spend it. I might not want something physically accessible lying around. I may want it all installed in a hardware wallet.

I really couldn'tbe arsed with face to face sales and showing up with a sawn off in my panties. I like the sound of a legit auction house but a long wait could be in order indeed.

For an alternative to the sawed off shotgun idea....US seller, European buyer....both fly to Heathrow arriving around the same time. Meet in the really fun Polish bar owned by the angry old Polish woman and do the exchange there. You know the other guy isn't armed because you are still in the terminal of an airport. Seller can fly with the coin in his pocket the entire trip. Both get on return flights never leaving the terminal.

JUPITYR

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Activity: 466

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For Cas coins, I could consider peeling them all in the next 5 years if the price continues to hold at these levels or increase. I can't imagine that the ink will not start to fade to the point of illegibility at some point. Especially for the raw examples that are sitting in a desk draw or other humid environments. Perhaps the Cas coins in ANACS holders could delay the fading by several years.

Some of the newer physical crypto makers put some more thought into the ink and substrate that they printed the private keys on. Those might last another 15-20 years, but at some point I would think they are all a risk for fading.

digicoinuser

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Quote from: Blazed on August 14, 2017, 08:08:29 AM

It really depends on the particular coin you have. The higher face value coins are already getting to the point where I would be nervous to ship them... Cas 25 = $100k+. Something like a 2013 brass single or half I would continue shipping those until 10k+

Definitely reaching the upper limits of insurance and sanity for shipping a Cas 25.

TMAN

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Exchange Bitcoin quickly-https://blockchain.com.do

Quote from: Blazed on August 14, 2017, 08:08:29 AM

It really depends on the particular coin you have. The higher face value coins are already getting to the point where I would be nervous to ship them... Cas 25 = $100k+. Something like a 2013 brass single or half I would continue shipping those until 10k+

Cas 25's are worth a peel - 25 of the new shitcoin @ 0.072 each puts in the same ballpark as a sale, plus you have the empty coin to sell.

Topic: At what price level do you start peeling rather than selling? - page 2. (Read 1706 times)