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Topic: [Auction] Casascius Silver/Gilt MS-69 - Starts @ 1BTC (Read 1471 times)

legendary
Activity: 2128
Merit: 1119
I have 3 coins I would sell...

2013 Casascius Silver/Gilt MS-68
2013 Casascius Silver MS-68
2013 Casascius Silver Half MS-68

Price wise I am flexible and would cut a deal if someone wanted all 3...

legendary
Activity: 1232
Merit: 1030
give me your cryptos
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.

I gotta agree with this. There appears to be cycles when it comes to Casascius Coins. The premiums are low right now, which means a good time for buyers... not so much the seller. Hence why a lot of people are keeping hold of their coins.. and I don't blame them.

We need new blood on the market. That is something that will help trigger the demand again.

Well, I am fine with selling at current market rates so come and get them!

But.... I thought you didn't want to sell any more MS69 Silver Gilts?! I had to go hunting for one elsewhere instead Tongue

I am out of those that I would be willing to sell. I heard MS-68 was just as good though  Tongue

PM me the price you want for it.

PM me too Tongue

I'm not the most acquainted with the collector community... What's the market rate, as of now? I'll cross this information with past sales and other users, so no sneakies Smiley
legendary
Activity: 2156
Merit: 1070
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.

I gotta agree with this. There appears to be cycles when it comes to Casascius Coins. The premiums are low right now, which means a good time for buyers... not so much the seller. Hence why a lot of people are keeping hold of their coins.. and I don't blame them.

We need new blood on the market. That is something that will help trigger the demand again.

Well, I am fine with selling at current market rates so come and get them!

But.... I thought you didn't want to sell any more MS69 Silver Gilts?! I had to go hunting for one elsewhere instead Tongue

I am out of those that I would be willing to sell. I heard MS-68 was just as good though  Tongue

PM me the price you want for it.
legendary
Activity: 2128
Merit: 1119
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.

I gotta agree with this. There appears to be cycles when it comes to Casascius Coins. The premiums are low right now, which means a good time for buyers... not so much the seller. Hence why a lot of people are keeping hold of their coins.. and I don't blame them.

We need new blood on the market. That is something that will help trigger the demand again.

Well, I am fine with selling at current market rates so come and get them!

But.... I thought you didn't want to sell any more MS69 Silver Gilts?! I had to go hunting for one elsewhere instead Tongue

I am out of those that I would be willing to sell. I heard MS-68 was just as good though  Tongue
copper member
Activity: 686
Merit: 603
Electricity is really just organized lightning
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.

I gotta agree with this. There appears to be cycles when it comes to Casascius Coins. The premiums are low right now, which means a good time for buyers... not so much the seller. Hence why a lot of people are keeping hold of their coins.. and I don't blame them.

We need new blood on the market. That is something that will help trigger the demand again.

Well, I am fine with selling at current market rates so come and get them!

But.... I thought you didn't want to sell any more MS69 Silver Gilts?! I had to go hunting for one elsewhere instead Tongue
legendary
Activity: 2128
Merit: 1119
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.

I gotta agree with this. There appears to be cycles when it comes to Casascius Coins. The premiums are low right now, which means a good time for buyers... not so much the seller. Hence why a lot of people are keeping hold of their coins.. and I don't blame them.

We need new blood on the market. That is something that will help trigger the demand again.

Well, I am fine with selling at current market rates so come and get them!
copper member
Activity: 686
Merit: 603
Electricity is really just organized lightning
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.

I gotta agree with this. There appears to be cycles when it comes to Casascius Coins. The premiums are low right now, which means a good time for buyers... not so much the seller. Hence why a lot of people are keeping hold of their coins.. and I don't blame them.

We need new blood on the market. That is something that will help trigger the demand again.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.
legendary
Activity: 2128
Merit: 1119
Do you still have more available, Blazed?

I have one graded MS-68 if interested?
full member
Activity: 238
Merit: 100
Do you still have more available, Blazed?
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
In the "good old days" they did. I would call this price a fluke for the current market though. I do have more of these I would sell...

2.2BTC

*ducks to avoid brick that Blazed tosses*
legendary
Activity: 2128
Merit: 1119
I was going to auction off a few more, but after that sales price I guess not.

Really?  I would think that getting more than double the face value is a pretty good sell.  Add to the tripling of price of bitcoin to fiat since the original minting, and to me, it looks like you did pretty well.

These coins sold for 3-3.5 BTC for a long time.

In the "good old days" they did. I would call this price a fluke for the current market though. I do have more of these I would sell...
legendary
Activity: 1511
Merit: 1072
quack
I was going to auction off a few more, but after that sales price I guess not.

Really?  I would think that getting more than double the face value is a pretty good sell.  Add to the tripling of price of bitcoin to fiat since the original minting, and to me, it looks like you did pretty well.

These coins sold for 3-3.5 BTC for a long time.
legendary
Activity: 1960
Merit: 1062
One coin to rule them all
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

You are not correct, sir.

You would be surprised to know that many do not buy BTC for fiat in order to purchase Casascius, they simply use the BTC they already hold.

If you want to present "proof", then do your homework, instead of basing a conclusion of one sample.
I can also present "proof", E.g. I have in the past bough a Casascius Goldie (ungraded coin) for ~2.5 BTC, I have done it both when BTC was 500 USD and when BTC was at 285 USD. Using the later sample as "proof", that's 712 USD or 1.07 BTC in today's rates, please show where I can buy a goldie for 1.07 BTC? We can also do the calculation premium wise (which is properly more fair), then would the premium have been 1.5 or 427 USD. In today's rate then would that have been 0.6 BTC (plus the 1 BTC), 1.6 BTC in total.

I agree that there is some correlation with USD exchange rate and Casascius, but it is much less dominant than you imply. The most dominant factor is supply and demand.
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
2BTC

Starting bid is BTC1, why would you open the bidding at double that? Are you crazy or has a deal been arranged?

Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

He knows that the selling price will be above 2 BTC anyway, so he decided to place a realistic bid instead of the minimum opening bid.
sr. member
Activity: 350
Merit: 250
Interested in the Power of Bitcoin
I was going to auction off a few more, but after that sales price I guess not.

Really?  I would think that getting more than double the face value is a pretty good sell.  Add to the tripling of price of bitcoin to fiat since the original minting, and to me, it looks like you did pretty well.
hero member
Activity: 1106
Merit: 638
2BTC

Starting bid is BTC1, why would you open the bidding at double that? Are you crazy or has a deal been arranged?

2.20BTC

Winning bid! I must say I am amazed how cheap this went for.

Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.
hero member
Activity: 679
Merit: 526
I was going to auction off a few more, but after that sales price I guess not.

I see it as very valuable sentiment that people value their bitcoin more than we've seen. Smiley
legendary
Activity: 2128
Merit: 1119
I was going to auction off a few more, but after that sales price I guess not.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Winning bid! I must say I am amazed how cheap this went for.

Me too! I thought I'd have to duke it out with people in the end. Had multiple tabs up ready to post and everything. Shoot me a bitcoin address via PM, and I'll respond with a shipping address once sent.

Good buy Salt.
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