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Topic: Casascius 2011 Double Error Coin (Read 3540 times)

newbie
Activity: 32
Merit: 0
December 08, 2017, 07:33:44 PM
#47
Apologies for the thread necromancy...

Curious if any more 2011 "double" error coins have popped up?

I still have mine. As soon I can sell them securely, I will. My ideal transaction would be the buyer meeting me with certified check in the bank and where the safe deposit box is where they are stored and we swapping coins for fiat via escrow agent. Something like that. Coins and bank are in Europe.
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
June 30, 2017, 08:20:08 AM
#46
I really do not view these as a double error personally. An error to me is something obvious like a misspelled hologram, flaw in the coin, etc... To me he just printed them off center a tad not really seeing how that adds value?

  I agree..In the world of Philately that is stamp collecting..an inverted image, inverted color, misspelled words are true errors. Case in point is the inverted Jenny, or inverted biplane of which only 100 exist that command over $800,000 in auctions.

   If there was a color shift or misperf we call them freaks or oddities. So for me the misspelling of Casascius with the missing S would be a true error..just because the ink is slightly higher or lower or sideways is not truly an error.

 But that being said, if physical Crypto coin collectors place such a high price on this type of shift in printing, then they create the market value whether its a true error or not.
full member
Activity: 174
Merit: 100
Posts made Jan-March 2017 are not by me
June 29, 2017, 02:38:48 PM
#45
I gave out 1 BTC Casascius coins to some friends back in 2011. Now, one of them wants to sell, and he asked me what the best to sell it way. Is eBay the best option? Is there a way to safely take PayPal, or would you need the buyer to pay in BTC? These are the series with the typo (single error, I guess) btw.

Dont use paypal.  If i were you i would start a new thread.  I would get pictures of the coin/s, offer escrow and you should be able to sell them here fairly easily

Sounds good. Thank you!
legendary
Activity: 3780
Merit: 1418
June 29, 2017, 01:53:30 PM
#44
I gave out 1 BTC Casascius coins to some friends back in 2011. Now, one of them wants to sell, and he asked me what the best to sell it way. Is eBay the best option? Is there a way to safely take PayPal, or would you need the buyer to pay in BTC? These are the series with the typo (single error, I guess) btw.

Dont use paypal.  If i were you i would start a new thread.  I would get pictures of the coin/s, offer escrow and you should be able to sell them here fairly easily
full member
Activity: 174
Merit: 100
Posts made Jan-March 2017 are not by me
June 29, 2017, 12:55:39 PM
#43
I gave out 1 BTC Casascius coins to some friends back in 2011. Now, one of them wants to sell, and he asked me what the best to sell it way. Is eBay the best option? Is there a way to safely take PayPal, or would you need the buyer to pay in BTC? These are the series with the typo (single error, I guess) btw.
full member
Activity: 181
Merit: 104
June 08, 2017, 04:12:40 AM
#42
elianite has an ad for one at 25BTC on his site   Shocked

https://coinfirm.org/rare-coins-for-sale

2013 called....they want their prices back  Cheesy

While we're necro-ing threads, I thought I should point out that 2013 prices actually do appear to have come back. $7,100 for a series 1 1btc on ebay a few days ago, and 2.1btc for one on this forum also in the last few days.

I sold an MS-62 series 1 myself for 1.6BTC just a month or so ago, and thought I was getting a great price. Now I'm not so sure!
legendary
Activity: 1534
Merit: 1133
derp
June 08, 2017, 02:17:59 AM
#41
Apologies for the thread necromancy...

Curious if any more 2011 "double" error coins have popped up?
newbie
Activity: 32
Merit: 0
November 05, 2016, 09:40:47 PM
#40
Image of the other side?

Are you selling?

Here's the front of it:
https://i.imgur.com/v0GuETl.jpg

As far as selling goes, I am considering it, but:

1) Am still in the process of researching what I have and how I would go about selling it and transferring it safely and securely (i.e., protecting myself from getting ripped off, either by selling for too little or by have the buyer claim they never received it or claiming something else that negatively impacted me).

2) Believe that the premium on 2011 Casascius coins will rise (in BTC), so am not in a hurry.

I realize point #2 is subject to debate. What I'm most interested in is learning about at the moment is #1.

When I feel confident of that, I expect I will sell one or two 2011 Casascius coins (one of each Series 1 and Series 2).

Any comments and/or links regarding point #1 appreciated. Thank you Smiley
legendary
Activity: 1252
Merit: 1259
MONKEYNUTS
November 05, 2016, 03:55:50 PM
#39
Image of the other side?

Are you selling?
newbie
Activity: 32
Merit: 0
November 05, 2016, 03:47:36 PM
#38
Please forgive me if this is a noob question, which I think it is, but can anyone tell if the printing of the first bits on this coin I have is some sort of error?

https://i.imgur.com/FIQd6Jc.jpg
[not sure why this isn't showing up as an embedded image?]

The reason I ask is that "all" the other coins from 2011 I have seen have had the first bits printed like they are here: https://bitcointalksearch.org/topic/--1664391 . Any helpful comments appreciated. Thank you!
legendary
Activity: 2128
Merit: 1119
October 19, 2016, 07:23:12 PM
#37
elianite has an ad for one at 25BTC on his site   Shocked

https://coinfirm.org/rare-coins-for-sale

2013 called....they want their prices back  Cheesy
legendary
Activity: 1534
Merit: 1133
derp
October 19, 2016, 01:46:42 PM
#36
elianite has an ad for one at 25BTC on his site   Shocked

https://coinfirm.org/rare-coins-for-sale
member
Activity: 85
Merit: 11
October 19, 2016, 01:41:50 PM
#35
And what would that end of the rainbow price be at current price if you were to sell now?



Seriously...It's a good problem to have, considering Bitcoin will be stamped in world history as the first true digital money. Every collector I've spoken to has advised me to hold onto this one Shocked
Sure, A bird in the hand is better than 2 in the bush.
I really don't have a fixed price for selling it now, I was offered 17 BTC a while back.
member
Activity: 177
Merit: 12
October 19, 2016, 01:22:59 PM
#34
Their offer is a little higher than mine would be. Thank you for priceing it.
legendary
Activity: 1534
Merit: 1133
derp
October 19, 2016, 01:16:29 PM
#33
And what would that end of the rainbow price be at current price if you were to sell now?

I had an offer of 10BTC for mine...
member
Activity: 177
Merit: 12
October 19, 2016, 12:59:42 PM
#32
And what would that end of the rainbow price be at current price if you were to sell now?
member
Activity: 85
Merit: 11
October 19, 2016, 12:21:14 PM
#31
Very nice!  Grin

Are you looking to sell it? If so for how much?

Dont think I'll be selling now, prices for physicals are a bit subdued at the moment, waiting for the next wave of interest then I'll see.
But if someone offers me a price I cant refuse ... Wink
hero member
Activity: 578
Merit: 554
October 18, 2016, 02:05:22 PM
#30
Just spotted this post update on second double error to surface.
I've updated my first reply to this thread with a pick of the coin I have.
Useful for future reference etc.  Wink

Very nice!  Grin

Are you looking to sell it? If so for how much?
member
Activity: 85
Merit: 11
October 18, 2016, 12:36:17 PM
#29
Just spotted this post update on second double error to surface.
I've updated my first reply to this thread with a pick of the coin I have.
Useful for future reference etc.  Wink
legendary
Activity: 1960
Merit: 1062
One coin to rule them all
May 03, 2016, 10:52:47 AM
#28

I pulled that number out of a hat, completely arbitrary. Correct that I am not actively looking to sell it... but for a ridiculous offer? Who knows.


0.123456888, do you accept my ridiculous offer Huh

I actually found this comment/offer very amusing, Fortify's has a very dry humor Cheesy
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