Pages:
Author

Topic: BEWARE of FAKE CASASCIUS COINS (Read 25304 times)

full member
Activity: 378
Merit: 113
★Bitvest.io★ Play Plinko or Invest!
December 18, 2023, 01:05:00 AM
I do.. I own the one in the first post, but cannot find it at the moment.
If I do find it, can take some better pictures of it.

Also, thought I would show off one of the fake Cas holograms (on a real Cas coin)
that has been slabbed in an educational slab by ICG Cheesy





This hologram is so cute that everyone likes it. I really like the logo on Bitcoin, which has really increased my attraction.
legendary
Activity: 2044
Merit: 2195
EIN: 82-3893490
December 17, 2023, 12:06:24 AM
dont you have some of these holograms already?
copper member
Activity: 472
Merit: 225
December 16, 2023, 11:51:24 PM
Those are perfect for educational purposes. LMK a price if you are selling it. PM me.
legendary
Activity: 3192
Merit: 3591
December 16, 2023, 11:13:35 AM
If anyone has one of the fakes, I'm looking for some of the brass examples.

I do.. I own the one in the first post, but cannot find it at the moment.
If I do find it, can take some better pictures of it.

Also, thought I would show off one of the fake Cas holograms (on a real Cas coin)
that has been slabbed in an educational slab by ICG Cheesy



copper member
Activity: 472
Merit: 225
December 15, 2023, 08:44:51 PM
If anyone has one of the fakes, I'm looking for some of the brass examples.
legendary
Activity: 2506
Merit: 3209
The Stone the masons rejected was the cornerstone.
December 15, 2023, 03:21:32 PM
  Its time I brought this up to the surface for people to reread or for newbies to be aware of.
legendary
Activity: 2506
Merit: 3209
The Stone the masons rejected was the cornerstone.
March 02, 2023, 05:57:49 AM
Wow, I mean this is really a pretty good fake, but its incredible the lengths that Casascius went to make these as fool proof as ever. These little 'security lines' in there are surely hard to exact, down to the little finest details.

     I don't think these were made on purpose as a security proof by Casascius....he made these coins and I quote

        "" so the first Casascius coins were customized brass coins ordered from a mint that makes car wash tokens"
                 https://en.bitcoin.it/wiki/Casascius_physical_bitcoins

        I think they just used those lines to create a pattern in the design.  But then again I could be wrong.

       
hero member
Activity: 1077
Merit: 534
March 01, 2023, 11:19:41 PM
Wow, I mean this is really a pretty good fake, but its incredible the lengths that Casascius went to make these as fool proof as ever. These little 'security lines' in there are surely hard to exact, down to the little finest details.
legendary
Activity: 2506
Merit: 3209
The Stone the masons rejected was the cornerstone.
March 01, 2023, 04:13:19 PM
How easy are these fakes to actually find if you want them?  I was thinking that I never get to see my Casascius collection.  It's basically like I don't own them.  It would be great to have a Casascius coin to display in a frame or something like that in my house where I could actually see it and be happy but obviously I'm not going to hang something extremely valuable.  Maybe artworks with Casascius fakes in them could be a nice thing to have and not have to worry about displaying because they aren't really worth anything.  Good idea or promoting forgeries?  You be the judge.  Still, I think it would be cool as long as the fakes were at least indistinguishable to a casual.


  I hear you....whats the point when you cannot display and enjoy them? They are also great conversation pieces for anyone visiting your den as well.

   Thats why I made color photocopies of all my Bitbills and placed them in a  frame

   Someday I will have it professionally made and mounted in a nicer frame, but until then I enjoy them everyday. While the real ones are safe in a hole underground  Wink

   DOnt know if you wanna do the same with cas coins, but I am sure you can figure out a way to take nice pics and place them in a frame as well.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
March 01, 2023, 02:46:40 PM
How easy are these fakes to actually find if you want them?  I was thinking that I never get to see my Casascius collection.  It's basically like I don't own them.  It would be great to have a Casascius coin to display in a frame or something like that in my house where I could actually see it and be happy but obviously I'm not going to hang something extremely valuable.  Maybe artworks with Casascius fakes in them could be a nice thing to have and not have to worry about displaying because they aren't really worth anything.  Good idea or promoting forgeries?  You be the judge.  Still, I think it would be cool as long as the fakes were at least indistinguishable to a casual.
copper member
Activity: 472
Merit: 225
February 28, 2023, 03:11:39 AM
what I dont get about the rebuilt is the huge marke up 3 to 4 times what a peeled one cost when in reality a rebuilt is worth less than a peeled - numismatically speaking - apparently he has a ton of customers so meh - not anyone from here I bet.

 The fear is they are confused or new and think they are getting an original. Then they think they are being defrauded, and opening yourself up to a lawsuit or criminal investigation. I say just leave the coins original. Anyone who wants to learn how to do this probably has ill intent and wants to create fake original coins for re-sale.

exactly - I wonder how many believe they are buying a real one vs a rebuilt - simply because they dont understand the value - especially since there are builders out there using fake holos



From my experience 95% are request and probably only 0.5% total. I do see it increasing in frequency as prices increase though. The point of the thread is to identify fakes and to help others from being tricked into buying a faked Casascius. Yes, that is a huge problem and I think everyone can get behind that. Smiley If I find a fake I'll post it here.
legendary
Activity: 2044
Merit: 2195
EIN: 82-3893490
February 28, 2023, 02:56:31 AM
what I dont get about the rebuilt is the huge marke up 3 to 4 times what a peeled one cost when in reality a rebuilt is worth less than a peeled - numismatically speaking - apparently he has a ton of customers so meh - not anyone from here I bet.

 The fear is they are confused or new and think they are getting an original. Then they think they are being defrauded, and opening yourself up to a lawsuit or criminal investigation. I say just leave the coins original. Anyone who wants to learn how to do this probably has ill intent and wants to create fake original coins for re-sale.

exactly - I wonder how many believe they are buying a real one vs a rebuilt - simply because they dont understand the value - especially since there are builders out there using fake holos

copper member
Activity: 472
Merit: 225
February 28, 2023, 02:51:50 AM
I totally don't understand why anyone would want a rebuilt coin. The value in these coins is created by being original. By putting another hologram on it diminishes the value. Its like putting a Honda engine in a Corvette.  if you modify any collectable it completely loses it value.

I don't know if anyone wants or would prefer a rebuild over a intact Casascius, but sometimes its all you can afford when the alternative is 30k 50k 100k. All you'd have to do to make it original is redeem it and remove the hologram. You are back to square one. a redeemed Casascius. Its just a preference. It isn't a big thing, I'm just saying it exist and some people want it.
copper member
Activity: 952
Merit: 397
February 28, 2023, 02:44:21 AM
what I dont get about the rebuilt is the huge marke up 3 to 4 times what a peeled one cost when in reality a rebuilt is worth less than a peeled - numismatically speaking - apparently he has a ton of customers so meh - not anyone from here I bet.

 The fear is they are confused or new and think they are getting an original. Then they think they are being defrauded, and opening yourself up to a lawsuit or criminal investigation. I say just leave the coins original. Anyone who wants to learn how to do this probably has ill intent and wants to create fake original coins for re-sale.
copper member
Activity: 472
Merit: 225
February 28, 2023, 02:43:51 AM
there are not talking about people not being able to identify your copycat cas holos as those have your text - they are talking about the fully fake cas holos - I am curious what maker was willing to make copies like that - and who had the balls to do it. I was shown it by quite a few people here and was also told no coins would be built with them - then next you know, the fake coins are on facebook being sold. fakes/copies are a disgrace and a insult to the collectibles

I'd call them Casascius inspired. Smiley just like 20 other brand/designs out there if you want me to name them off.
The holograms came out of China, but they aren't that good of fakes. When you study them almost everything is off.
legendary
Activity: 2044
Merit: 2195
EIN: 82-3893490
February 28, 2023, 02:37:05 AM
what I dont get about the rebuilt is the huge marke up 3 to 4 times what a peeled one cost when in reality a rebuilt is worth less than a peeled - numismatically speaking - apparently he has a ton of customers so meh - not anyone from here I bet.'

let me clarify - anyone can build/do what they wish and charge what they want - people speak with their wallets - simply saying I dont understand it.

when you see base metal coins for 200 ea and 1 oz silvers for 200 or 5oz silvers for 600 to 800 - I just dont get it, personally.
copper member
Activity: 952
Merit: 397
February 28, 2023, 02:35:12 AM
I totally don't understand why anyone would want a rebuilt coin. The value in these coins is created by being original. By putting another hologram on it diminishes the value. Its like putting a Honda engine in a Corvette.  if you modify any collectable it completely loses it value.
legendary
Activity: 2044
Merit: 2195
EIN: 82-3893490
February 28, 2023, 02:06:47 AM
there are not talking about people not being able to identify your copycat cas holos as those have your text - they are talking about the fully fake cas holos - I am curious what maker was willing to make copies like that - and who had the balls to do it. I was shown it by quite a few people here and was also told no coins would be built with them - then next you know, the fake coins are on facebook being sold. fakes/copies are a disgrace and a insult to the collectibles
copper member
Activity: 472
Merit: 225
February 28, 2023, 01:17:13 AM
Some people use to throw their holograms away after they redeemed them. I've always collected them and have drawers of redeemed keys with holograms, just so everyone is clear from the "Quote" above. Smiley if you'd like a redeemed piece rebuilt, just ask. Its going to be more common the further we get. People wont be able to afford a 100k Casascius, but they can afford to buy a $500 redeemed one and have it rebuilt so they can use it Smiley I'm at your service. If they can't tell the difference between a CT or Cryptobugs hologram compared to a Casascius hologram, they should go wear a helmet.

legendary
Activity: 2506
Merit: 3209
The Stone the masons rejected was the cornerstone.
February 27, 2023, 01:54:31 PM
  I have not bumped this in quite awhile. I think its important  as a reminder to people that have been around awhile as well
as to people who are new in this hobby/space.
Pages:
Jump to: