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Topic: [AUCTION] 2012 CASASCIUS 1 BITCOIN UNREDEEMED (Read 1357 times)

sr. member
Activity: 845
Merit: 267
February 10, 2021, 01:33:50 PM
#37
Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

That is what needs to be done in future, otherwise it's a waste of time and internet space for no reason..

The problem with that is the buyer is still having the trust sending massive amounts of value through the mail.  Face to face trades might further suppress the market value of these types of coins, but I don't see any other way to get it done.  Maybe someone should start a service where they fly around to pick up and hand deliver items like this...

For example, there's no way I'd sell extremely high value items without a lawyer present and me handing the coin directly to the buyer.

Right, kind of why I had Brinks in mind for transportation needs. They work with millions some times. I agree if its me I just go meet person to person when we are talking over $40k I just cant imagian not doing that with a 10btc + coin.   
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

That is what needs to be done in future, otherwise it's a waste of time and internet space for no reason..

The problem with that is the buyer is still having the trust sending massive amounts of value through the mail.  Face to face trades might further suppress the market value of these types of coins, but I don't see any other way to get it done.  Maybe someone should start a service where they fly around to pick up and hand deliver items like this...

For example, there's no way I'd sell extremely high value items without a lawyer present and me handing the coin directly to the buyer.
hero member
Activity: 1792
Merit: 551
https://rollbit.com/referral/Agrawas
Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 

That is what needs to be done in future, otherwise it's a waste of time and internet space for no reason..
sr. member
Activity: 845
Merit: 267
first auction i’ve seen with negative premium after converting forks into btc.

Same.  This has got to be a case of the market not trusting the seller is legitimate.  I would have been willing to buy the coin at that price and let him peel it and send me just the coin with deducting 1 BTC from the auction price...  I'm curious what the outcome of this will be and if everything is legitimate.

That's pretty interesting, I suppose he should have of just said he had a reserve price in mind before people get their hopes up and waist their time to boot.

These loaded collectables have moved into the serious money realm especially the 10btc and up. Just a reminder that Brinks provides armed transportation services.

https://us.brinks.com/services

Possibly in the not to distant future new accounts would have to send coin to a third party like MJ first for a no reserve auction. 
full member
Activity: 375
Merit: 124
Totally agree with previous message, He might found out how much btc on the coin >Decide not to sell.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Wow, crazy to see these things sell for so little nowadays. Better off peeling them!
The sale never went through - the seller disappeared

It smelled fishy from the start.  Should be of no surprise that deals that appear as though they are too good to be true often are.  As for the seller, if he was legitimate, I guess he valued the additional BTC from peeling and then selling the peeled coin more than he valued his account.  Also not much of a surprise.
legendary
Activity: 2086
Merit: 1321
Bitcoin needs you!
Wow, crazy to see these things sell for so little nowadays. Better off peeling them!
The sale never went through - the seller disappeared
full member
Activity: 127
Merit: 100
Wow, crazy to see these things sell for so little nowadays. Better off peeling them!
hero member
Activity: 1792
Merit: 551
https://rollbit.com/referral/Agrawas
If he won’t take it I’ll take it for his bid price escrow by ognasty or minerjones
he is not coming back
you quoting my message like i know him ..
i don't think he will come back and sell the coin under valued that's all

He is thinking Buyer never responded..
jr. member
Activity: 59
Merit: 2
If he won’t take it I’ll take it for his bid price escrow by ognasty or minerjones
he is not coming back
you quoting my message like i know him ..
i don't think he will come back and sell the coin under valued that's all
legendary
Activity: 1167
Merit: 1009
If he won’t take it I’ll take it for his bid price escrow by ognasty or minerjones
he is not coming back
jr. member
Activity: 59
Merit: 2
he is not coming back
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
did Agrawas got the coin? is OP honorring the trade?

No response from OP and highly doubt he will respond..

Yup.. looks like they have been active on the forum though.
Last Active:   Today at 04:04:11 AM


OP can you not leave Agrawas hanging here? If you plan on not honoring the deal just say so..
hero member
Activity: 1792
Merit: 551
https://rollbit.com/referral/Agrawas
did Agrawas got the coin? is OP honorring the trade?

No response from OP and highly doubt he will respond..
copper member
Activity: 563
Merit: 41
Stack BTC
did Agrawas got the coin? is OP honorring the trade?
legendary
Activity: 1470
Merit: 1004
Do most collectors here find Cas coins to have more value if they are slabbed (graded)? Also, on a side note, does anyone have recommendations for grading 1BTC and higher Cas coins? Would it be better to just do it in person at the grading company HQ? I would not feel comfortable sending a 10btc Cas anywhere at the current price. Thanks.

Graded is definitely helpful when selling, more so with a lesser known seller.   Besides giving an indication as to the condition of the coin when slabbed, It also shows that at least since the coin was slabbed it has most likely not been handled or exposed to contaminants.

For grading 1 btc and above I would just fly to St. Pete, Florida and have them graded by ICG in person. 

Would you recommend ICG over ANACS?
newbie
Activity: 20
Merit: 0
Happy to hear these are still being circulated and auctioned.  Sorry you didn't get a little bit more for it though.
legendary
Activity: 3066
Merit: 1757
Do most collectors here find Cas coins to have more value if they are slabbed (graded)? Also, on a side note, does anyone have recommendations for grading 1BTC and higher Cas coins? Would it be better to just do it in person at the grading company HQ? I would not feel comfortable sending a 10btc Cas anywhere at the current price. Thanks.

Graded is definitely helpful when selling, more so with a lesser known seller.   Besides giving an indication as to the condition of the coin when slabbed, It also shows that at least since the coin was slabbed it has most likely not been handled or exposed to contaminants.

For grading 1 btc and above I would just fly to St. Pete, Florida and have them graded by ICG in person. 
legendary
Activity: 1470
Merit: 1004
Do most collectors here find Cas coins to have more value if they are slabbed (graded)? Also, on a side note, does anyone have recommendations for grading 1BTC and higher Cas coins? Would it be better to just do it in person at the grading company HQ? I would not feel comfortable sending a 10btc Cas anywhere at the current price. Thanks.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
first auction i’ve seen with negative premium after converting forks into btc.

Same.  This has got to be a case of the market not trusting the seller is legitimate.  I would have been willing to buy the coin at that price and let him peel it and send me just the coin with deducting 1 BTC from the auction price...  I'm curious what the outcome of this will be and if everything is legitimate.
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