Topic: At what price level do you start peeling rather than selling? - page 3. (Read 1706 times)
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+
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.
At what price level do you start peeling rather than selling?
I can't think of a scenario where I would ever peel a coin.
At what price level do you start peeling rather than selling?
I can't think of a scenario where I would ever peel a coin.
So you can't of a scenario where you would ever need/want to spend your money?
https://www.youtube.com/watch?v=U0Cky9b6mHY&feature=youtu.be&t=2m10s
The only point in peeling would be to liquidate your BTC holdings for cash.
That's kind of ironic as it shows that we still have uncertainty relating to BTC and a greater level of trust for FIAT. Having been said, for someone that's in it for the short term and looking to cash out is say that the time will be when the risk is too great to send abroad.
If BTC got to the $10k point then I could understand if someone would only be willing to sell a Cas coin face to face and if a buyer can't be found in person then peeling would be the next best option.
That's kind of ironic as it shows that we still have uncertainty relating to BTC and a greater level of trust for FIAT. Having been said, for someone that's in it for the short term and looking to cash out is say that the time will be when the risk is too great to send abroad.
If BTC got to the $10k point then I could understand if someone would only be willing to sell a Cas coin face to face and if a buyer can't be found in person then peeling would be the next best option.
As far as security goes, I've done some face to face transactions in the last couple of years, and I'd likely prefer those in the future. I go with a friend, he's armed and intimidating.
Anyway, we'll likely see the collectibles market move away from person to person sales and in to the realm of physical auctions as the price continues to move up. I doubt I'd ever sell off my collection, but if I did, I believe that is the route I'd go.
I'd recommend not peeling any Casascius coins. Even what you may think of as an ordinary Casascius is really very special.
Anyway, we'll likely see the collectibles market move away from person to person sales and in to the realm of physical auctions as the price continues to move up. I doubt I'd ever sell off my collection, but if I did, I believe that is the route I'd go.
I'd recommend not peeling any Casascius coins. Even what you may think of as an ordinary Casascius is really very special.
I will probably hold onto the ones I have left until I can auction them at Heritage. I expect this to still be quite some time in the future.
These ungraded coins you have, if any of them are Casascius please message me before you peel them.
These ungraded coins you have, if any of them are Casascius please message me before you peel them.
legendary
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The Stone the masons rejected was the cornerstone.
Never..pass them on to my kids
I think it's safe to say that the premiums will continue to go down as the price rises. Similarly the risks of selling become ever more alarming.
I have a few ungraded coins. There's no way I'm posting them off to ANACS now and the people flogging them on Ebay must have some type of death wish.
The addition of Bitcoin Cash also rather messes with things too.
At some point in the future what will your plans be if you need to liquidate your Casascius coins?
I have a few ungraded coins. There's no way I'm posting them off to ANACS now and the people flogging them on Ebay must have some type of death wish.
The addition of Bitcoin Cash also rather messes with things too.
At some point in the future what will your plans be if you need to liquidate your Casascius coins?
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