Topic: [AUCTION] 2013 Lealana Bitcoin and Litecoin Sets [closed] open for discussion - page 2. (Read 1043 times)
April 05, 2022, 01:55:42 PM
2 hours until Session 3 rarities night starts.
April 04, 2022, 10:08:45 PM
Tomorrow, Tuesday 4/5 5pm ET, auction starts. Expect an hour or 2 before the crypto coins get close. Take a look and enjoy the wonderful coins.
April 02, 2022, 07:14:15 PM
Bump. Check em out peeps. Only 3 days left til they hit the block.
April 02, 2022, 01:22:40 AM
“The value of this piece was buyer-funded and remains unredeemed, further increasing the desirability.”
Yah the wording is a little weird. The BTC price was a bit higher at the time of that sale, but I’m hoping the rarity and desire for a set will yield a better hammer price than that coin did.
Yah the wording is a little weird. The BTC price was a bit higher at the time of that sale, but I’m hoping the rarity and desire for a set will yield a better hammer price than that coin did.
April 02, 2022, 12:38:20 AM
It was funded. But definitely not so rare a coin. Definitely not sets either.
That .1 Lealana on Stacks Bowers was a "Buyer funded" variant, I just saw that it was funded by the buyer. I guess that price would make a little more sense if there was actually some BTC on there. I researched it as much as I could when I initially heard about it, but I never saw any mention of it actually being funded, the description on the listing wasn't so clear. I can only imagine a funded, non "buyer-funded" variant would be much more desirable.
https://www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=lealana-physical-bitcoin-november-2021-showcase-auction
https://auctions.stacksbowers.com/lots/view/3-TYP2B/2013-silver-lealana-01-bitcoin-btc-no-3605-series-1-unredeemed-buyer-funded-black-address-troy-ounce-999-silver-25mm-sp-7?utm_source=coinweek
https://www.pcgs.com/valueview/bitcoin/2013-1-btc-lealana-bitcoin-4oz-999-fine-silver-dcam/203114?sn=891659&g=0&h=coinfacts
April 01, 2022, 02:08:18 PM
Only coin I don?t expect to break $5k is the 5 LTC coin. But someone trying to get the whole set may go over that.
April 01, 2022, 01:48:50 PM
Thanks for the additional info. Most countries don’t really require KYC until you hit around $10k so that makes sense.
April 01, 2022, 12:53:57 PM
Anybody can bid with no verification how is that a secure auction?
Bids under $5k you verify if you win. Over $5k you can’t bid without verification.
My IQ is going to get lower with every post,
If you call they up you to 10k, if you do an application than you can get approved for more.
If you make an account same day limit is not high enough to matter at all
April 01, 2022, 11:40:15 AM
Anybody can bid with no verification how is that a secure auction?
Bids under $5k you verify if you win. Over $5k you can’t bid without verification.
April 01, 2022, 11:19:59 AM
Anybody can bid with no verification how is that a secure auction?
April 01, 2022, 03:20:51 AM
It was funded. But definitely not so rare a coin. Definitely not sets either.
April 01, 2022, 02:55:49 AM
Awesome, thanks for the insight. Man, this is exciting to see what these will go for. Good luck!!!!
Well. There was a 0.1BTC Lealana also PR70 that sold in Nov for a 500% premium. I’d be ecstatic with a 6x face value sale like that, but not necessarily expecting it.
Yeah, I do remember that. But that wasn't even a funded coin!! And I think we all know its not as rare as the information claimed it to be, though it still may be a fairly rare variation. But these are funded coins which, at least in my opinion, are way more intriguing. I think we are going to see you get a very very nice premium.
April 01, 2022, 02:27:35 AM
Awesome, thanks for the insight. Man, this is exciting to see what these will go for. Good luck!!!!
Well. There was a 0.1BTC Lealana also PR70 that sold in Nov for a 500% premium. I’d be ecstatic with a 6x face value sale like that, but not necessarily expecting it.
April 01, 2022, 12:38:34 AM
So there is a buyer premium of ~20%. In my case they are actually splitting that buyer premium with me so I’ll end up with about 110% of that hammer price. The other 10 is their fee. I have a feeling on lower price coins they’d keep the whole 20%.
I’m not sure on sales tax because I haven’t looked into the buying side but I know I’ll have to pay long term capital gains tax.
I’m not sure on sales tax because I haven’t looked into the buying side but I know I’ll have to pay long term capital gains tax.
Awesome, thanks for the insight. Man, this is exciting to see what these will go for. Good luck!!!!
March 31, 2022, 10:28:09 AM
Very nice coins. I am looking forwards to see what they go for.
Thank you. Me too.
March 30, 2022, 04:20:06 PM
Very nice coins. I am looking forwards to see what they go for.
March 30, 2022, 11:13:23 AM
PCGS grading crypto.. since when?
Had my coins graded by them in 2018.
Thanks for the correction. I’m assuming yours are some denom of Casascius or Lealana 1LTC? I know there was only 1 Lealana coin PCGS graded before mine of larger denominations.
March 30, 2022, 10:55:51 AM
Stacks Bowers will negotiate a specific fee structure for your coins.
I’m not sure on sales tax because I haven’t looked into the buying side but I know I’ll have to pay long term capital gains tax.
I’m not sure on sales tax because I haven’t looked into the buying side but I know I’ll have to pay long term capital gains tax.
March 30, 2022, 02:54:36 AM
How does Stacks Bowers work? Whatever the final price of the auction they add 17.5% and that is their fee? Or is that fee just charged to the buyer and then Stacks Bowers also takes a cut of the final price of the auction? Then I guess there is also sales tax added for the buyer.
I guess my question is what is the amount that the seller finally ends up with?
I guess my question is what is the amount that the seller finally ends up with?
March 30, 2022, 02:33:04 AM
PCGS grading crypto.. since when?
Had my coins graded by them in 2018.
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