Casascius 0.5 BTC Silver Series-2 physical bitcoin: NO RESERVE, 30-DAY AUCTION - page 4.

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: Blazed on March 25, 2015, 09:32:39 AM

Quote from: TookDk on March 25, 2015, 09:13:46 AM

Quote from: nubbins on March 24, 2015, 09:37:47 AM

--snip
This auction will add some more data to my "price of casascius coins in btc is unaffected by usd/btc rate" theory... one way or another.
--snip

Casascius coins (as goods) are really in front when it comes to separation from fiat.
BTC goes up and down all year around - but it does not significantly affect the price of Casascius coins in terms of BTC.
I love it <3

Honestly Casascius coins were selling for the highest markup when BTC was between 700.00 - ATH. It almost seems like the higher the prices go for BTC the better the prices on these coins.

You'll see the sucker premium steadily decrease over time. Remember when someone bought a 2011 error for 50 btc?

Blazed

legendary

Activity: 2128

Merit: 1119

Quote from: TookDk on March 25, 2015, 09:13:46 AM

Quote from: nubbins on March 24, 2015, 09:37:47 AM

--snip
This auction will add some more data to my "price of casascius coins in btc is unaffected by usd/btc rate" theory... one way or another.
--snip

Casascius coins (as goods) are really in front when it comes to separation from fiat.
BTC goes up and down all year around - but it does not significantly affect the price of Casascius coins in terms of BTC.
I love it <3

Honestly Casascius coins were selling for the highest markup when BTC was between 700.00 - ATH. It almost seems like the higher the prices go for BTC the better the prices on these coins.

TookDk

legendary

Activity: 1960

Merit: 1062

One coin to rule them all

Quote from: nubbins on March 24, 2015, 09:37:47 AM

--snip
This auction will add some more data to my "price of casascius coins in btc is unaffected by usd/btc rate" theory... one way or another.
--snip

Casascius coins (as goods) are really in front when it comes to separation from fiat.
BTC goes up and down all year around - but it does not significantly affect the price of Casascius coins in terms of BTC.
I love it <3

Tibuxx

newbie

Activity: 13

Merit: 0

Quote from: nubbins on March 24, 2015, 09:37:47 AM

Quote from: Michail1 on March 24, 2015, 09:22:19 AM

Quote from: Tibuxx on March 24, 2015, 08:34:08 AM

As we can see for more than a year, BTC and LTC physical coin from Casascius and Lealana are really a good way to store currency and to make (a really good) profit ! Shocked

Ummm, what?

Not so sure about that.

Buying a Casascius 25BTC even for as low/high as 27 a year ago would have cost you about $21,000.
If you were to redeem it, or even sell for a profit at 28, that would be worth (as of right this minute) only $7,000.

So, I wouldn't call it a store of currency or value, but moreover a store of bitcoins. No profit yet.

Profit in bitcoin Wink

This auction will add some more data to my "price of casascius coins in btc is unaffected by usd/btc rate" theory... one way or another.

Yeah ! Profit in bitcoin ...
When you use it, you "speak" it ! Cool

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: Michail1 on March 24, 2015, 09:22:19 AM

Quote from: Tibuxx on March 24, 2015, 08:34:08 AM

As we can see for more than a year, BTC and LTC physical coin from Casascius and Lealana are really a good way to store currency and to make (a really good) profit ! Shocked

Ummm, what?

Not so sure about that.

Buying a Casascius 25BTC even for as low/high as 27 a year ago would have cost you about $21,000.
If you were to redeem it, or even sell for a profit at 28, that would be worth (as of right this minute) only $7,000.

So, I wouldn't call it a store of currency or value, but moreover a store of bitcoins. No profit yet.

Profit in bitcoin Wink

This auction will add some more data to my "price of casascius coins in btc is unaffected by usd/btc rate" theory... one way or another.

Michail1

legendary

Activity: 1499

Merit: 1164

Quote from: Tibuxx on March 24, 2015, 08:34:08 AM

As we can see for more than a year, BTC and LTC physical coin from Casascius and Lealana are really a good way to store currency and to make (a really good) profit ! Shocked

Ummm, what?

Not so sure about that.

Buying a Casascius 25BTC even for as low/high as 27 a year ago would have cost you about $21,000.
If you were to redeem it, or even sell for a profit at 28, that would be worth (as of right this minute) only $7,000.

So, I wouldn't call it a store of currency or value, but moreover a store of bitcoins. No profit yet.

Tibuxx

newbie

Activity: 13

Merit: 0

As we can see for more than a year, BTC and LTC physical coin from Casascius and Lealana are really a good way to store currency and to make (a really good) profit ! Shocked

Lesbian Cow

legendary

Activity: 3052

Merit: 1755

8.1

monkeynuts

legendary

Activity: 1252

Merit: 1259

MONKEYNUTS

Quote from: TookDk on March 23, 2015, 10:16:37 AM

Quote from: Tibuxx on March 23, 2015, 09:34:28 AM

Gosh ! Really a good price ... Shocked

Will most likely go to 2 digits price before the auction is over Wink

Definitely, the last 3 I sold, all went double digits

TookDk

legendary

Activity: 1960

Merit: 1062

One coin to rule them all

Quote from: Tibuxx on March 23, 2015, 09:34:28 AM

Gosh ! Really a good price ... Shocked

Will most likely go to 2 digits price before the auction is over Wink

Tibuxx

newbie

Activity: 13

Merit: 0

Gosh ! Really a good price ... Shocked

funkymunky

sr. member

Activity: 283

Merit: 250

8 BTC

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: smoothie on March 22, 2015, 04:21:19 PM

I would be very surprised to see this coin fetch anything higher than 10BTC.

Nubbins what were you originally asking for it in the goods section? I can't remember.

Quote from: nubbins on December 06, 2014, 02:52:51 PM

Asking price: 25 BTC

Incidentally,

Quote from: imardern on December 03, 2013, 03:51:13 PM

If there was a way to make a wager against this selling for 5 BTC or more, I would for surely accept that.
...
Your coin and its rarity is worth 2.5-3.5 BTC tops.

Quote from: nubbins on August 11, 2014, 01:34:23 PM

Both series-2 silvers have been sold, for 13.5 BTC each.

And as a further public service announcement, free of charge to the good folks of the Marketplace sub...

Quote from: nubbins on August 12, 2014, 08:46:49 AM

This is as good a time as any to remind people how numismatics are priced.

SALE PRICE = (FACE VALUE) + (NUMISMATIC VALUE) + (SELLER'S PREMIUM)

Notice the lack of multiplication symbols; statements such as "2x face" or "10x face" have no meaning and no place in numismatics.

The FACE VALUE for a Casascius coin would be the value of the BTC stored within, plus the spot value of any precious metals.

The NUMISMATIC VALUE is an absolute value based solely on the desirability of the coin. This generally correlates with mintage, age, and condition, but other factors can be at play here as well.

The SELLER'S PREMIUM varies from seller to seller, based on a number of factors including the seller's trustworthiness, care in packaging, supporting documentation or certifications, and other factors.

The biggest point to make here is that with all other things being equal, FACE VALUE and NUMISMATIC VALUE have no bearing on one another.

gijoes

hero member

Activity: 499

Merit: 500

7.8

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

I would be very surprised to see this coin fetch anything higher than 10BTC.

Nubbins what were you originally asking for it in the goods section? I can't remember.

Side note: Mike did respond about PGP docs for my coins so xmas is coming soon lol

nubbins

legendary

Activity: 1554

Merit: 1009

For what it's worth, this is the last coin of this type that I'll be selling on the forums. If you're a PGP doc sort of person, this may be your final opportunity!

luke.watson

sr. member

Activity: 476

Merit: 250