Topic: [AUCTION] Casascius 10 BTC 1 oz silver physical bitcoin (Read 2389 times)
OK. Just sent you a PM. Cheers
Looks like it's yours monkeynuts. I will pm you to finalize the deal.
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Cletus815 that sounds very fair. Cheers buddy
I can cover postage to the US and Canada. Honestly I didn't think about shipping to foreign countries but how does splitting it sound?
I know you say buyer pays for Escrow, who is paying the postage ? (I am in the UK)
I'm in Illinois.
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Where in the world are you cletus815 ?
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3 it is a good store of value. Today you pay 16.2 BTC ($2106) if/when BTC hits $200, $300, even $500 each your coin that you paid $2100 for is worth $2,000-$5,000 just in BTC value plus the premium for it being so rare.
I generally agree, although consider that since this coin is priced in bitcoin, those x number of coins you paid over the stock 10 value would also have been worth a lot more, possibly more than someone is willing in the future to pay for a collectible coin. There are only a handful of fiat or ancient coins that command 10,000+ USD.
Then again, if crypto currency truly breaks into the mainstream over the next few decades I wouldn't be surprised if those remaining intact, handmade Casascius coins reach "priceless" status - even if bitcoin ends up being replaced. The problem then would be dealing with counterfeits, as I don't see a good way of distinguishing a good counterfeit from a real coin without opening it.
It's because they are rare. I paid 100 btc for 30 1 BTC coins and have made a good profit on them even though I paid over 200% markup.
Wow. Like a museum piece then. I used to own a bunch of antiques and I like the idea that bitcoin will someday have its own form of those. This just seems too soon in bitcoins history for a collectors item. I could very well be wrong based on the response of bidders so far. Its the 200% mark-up I don't understand I guess. Why so serious?
1 it is very rare
2 it may not be produced any longer
3 it is a good store of value. Today you pay 16.2 BTC ($2106) if/when BTC hits $200, $300, even $500 each your coin that you paid $2100 for is worth $2,000-$5,000 just in BTC value plus the premium for it being so rare.
It's because they are rare. I paid 100 btc for 30 1 BTC coins and have made a good profit on them even though I paid over 200% markup.
Wow. Like a museum piece then. I used to own a bunch of antiques and I like the idea that bitcoin will someday have its own form of those. This just seems too soon in bitcoins history for a collectors item. I could very well be wrong based on the response of bidders so far. Its the 200% mark-up I don't understand I guess. Why so serious?
It's because they are rare. I paid 100 btc for 30 1 BTC coins and have made a good profit on them even though I paid over 200% markup.
I have always been interested in the Casascius coins but I don't understand why this one would sell for over 50% its real value. I can see why this coin is worth more than 10BTC, and I want to buy one, but paying $150 for a $100 bill is a bit crazy to me. I understand a 10-15% mark-up but 50% or more seems a bit high to me. Im all for Casascius coins and I was looking to buy a few back at the start, but I just would like to know why they get bid up this high before I can consider buying one again.
Lets cut to the chase here
I bid 16.2 BTC
I bid 16.2 BTC
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I'll start with 15 then
If nobody bids on this auction I will give you 10.5BTC for it and pay for shipping to US (I don't know where you are located)
This should be the auction end timer (barring any last minute bids)
Timer removed. End time: 2013-05-28+23:00:00UTC
Timer removed. End time: 2013-05-28+23:00:00UTC
450 of these 10 BTC silver coins were made. Casascius has stated that there is about an even split of the silver BTC logo coins and hand-painted gold BTC logo coins. This auction is for the silver variety.
I have never opened the case that the coin came in so it is still in pristine condition. The firstbit is 1AgYKnso which can be verified untouched at http://casascius.uberbills.com/?address=1AgYKnsoKJBZQLWFNaXzprSgxQznRbe39J
I have included 3 pictures in this album http://imgur.com/a/SJL0S along with another which shows the coin and my forum name to prove this coin is mine.
Bidding starts at 15 BTC and bids must be a minimum of .1 BTC increments. Please bid in this thread. The auction will end at 11PM GMT on May 28th. To prevent any auction sniping there will be a 10 minute window after the final bid to allow for additional bids (a bid at 10:58PM will result in the auction ending at 11:08PM. An additional bid at 11:05PM will result in the auction ending at 11:15PM)
I will escrow as long as all fees are paid by the buyer.
I have never opened the case that the coin came in so it is still in pristine condition. The firstbit is 1AgYKnso which can be verified untouched at http://casascius.uberbills.com/?address=1AgYKnsoKJBZQLWFNaXzprSgxQznRbe39J
I have included 3 pictures in this album http://imgur.com/a/SJL0S along with another which shows the coin and my forum name to prove this coin is mine.
Bidding starts at 15 BTC and bids must be a minimum of .1 BTC increments. Please bid in this thread. The auction will end at 11PM GMT on May 28th. To prevent any auction sniping there will be a 10 minute window after the final bid to allow for additional bids (a bid at 10:58PM will result in the auction ending at 11:08PM. An additional bid at 11:05PM will result in the auction ending at 11:15PM)
I will escrow as long as all fees are paid by the buyer.
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