I suspect that many holders of 10s are unwilling to accept a BTC price lower than what they paid for the coin. This means many are unwilling to let them go for less than 16-18.
I also suspect that the phenomenon of Casascius coins holding their premiums in terms of BTC is over, and that sellers turn down any reasonable offers at their own peril. I expect BTC premiums to continue to drop.
But hey, what do I know?
Lol @ "sellers turn down any reasonable offers at their own peril".
How do you define reasonable? What might the peril be? Stuck with a terribly shiny token for a few more years?
It's just a thin market with unmotivated sellers. They have a rare and desirable thing, so they can ask whatever they want, for as long as they want. Maybe a motivated buyer will come along and meet their ask, maybe not. Maybe it sits in storage for a few more years.
I thought that was your coin These things will just be swapping with millionaires now and in the future. Im a little salty the tax man got most my collection but I have a couple of super tenths and some other cool coins. It wont be long (couple years) before these 10 btc and higher loaded coins will have to sell at Sotheby's like rare cars sell. Congrats on your investment !