Author

Topic: Casascius 2011 S1 1BTC "error" coin (Read 1333 times)

legendary
Activity: 1960
Merit: 1062
One coin to rule them all
September 17, 2014, 05:30:09 AM
#14
If you are located in the U.S. is there really no good reason not to send it in for grading, the few bucks it cost is insignificant compared to the value of the coin... and then can you put it back in your Drawer (or drawers if you prefer than) without any concern.

Cheers!
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
September 17, 2014, 01:35:44 AM
#13
Thanks for the offers guys, maybe in 5 years I'll comeback and see the market? LOL
sr. member
Activity: 910
Merit: 452
Check your coin privilege
September 17, 2014, 12:38:12 AM
#12
That is by far the shiniest thing I have ever witnessed
legendary
Activity: 2128
Merit: 1119
September 16, 2014, 10:07:30 PM
#11
A 2011 S1 1 BTC coin in good condition goes for 3 - 3.5 BTC. Don't accept those low-ball offers.

Agreed if it was kept in an air tite / coin flip. 2BTC is definitely my best offer though for this one.  It would probably be worth the time and effort to ship this in to ANACS and have it graded.  If it comes back MS-64 or above you can get closer to 3+ BTC
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
September 16, 2014, 06:10:53 PM
#10
I admit, these were not protected well, since they were like pennies back then... lol.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
September 16, 2014, 05:58:42 PM
#9
A 2011 S1 1 BTC coin in good condition goes for 3 - 3.5 BTC. Don't accept those low-ball offers.

True, but look at the condition.

I found a 2011 error in my old office stuff a few months ago and took 1.8 for it. I probably could have gotten more but the quality was a lot worse
full member
Activity: 249
Merit: 114
Who is John Galt?
September 16, 2014, 05:20:45 PM
#8
A 2011 S1 1 BTC coin in good condition goes for 3 - 3.5 BTC. Don't accept those low-ball offers.
hero member
Activity: 784
Merit: 501
September 16, 2014, 04:52:58 PM
#7
legendary
Activity: 1162
Merit: 1001
September 16, 2014, 03:46:22 PM
#6
1.5BTC
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
September 16, 2014, 03:21:54 PM
#5
In my drawer. Wink
legendary
Activity: 2128
Merit: 1119
September 16, 2014, 10:53:57 AM
#4
I would offer you 2BTC, but it is hard to really tell the shape from pictures.  How has this coin been stored all these years?

legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
September 16, 2014, 10:40:10 AM
#3
I highly recommend you immediately put the coin in a plastic ziplock, every second oxygen touches the coin the value decreases and degrading increases.

Also, do not touch the coin with your fingers, use gloves.

Do not, seriously, do not try and clean the coin yourself, it will make it worse.

I did not heed these warnings from fellow members and I had alot of coins lose value.

Other than that, the condition looks pretty decent. To get the best value, I recommend getting it graded for $50 via ANACS, its pretty easy

http://www.anacs.com/contentPages/SubmissionForm.aspx

-Charlie

Thank You for the advice.  Smiley

Also anyone with an idea what its worth at the moment?

Culex
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
September 16, 2014, 12:33:32 AM
#2
I highly recommend you immediately put the coin in a plastic ziplock, every second oxygen touches the coin the value decreases and degrading increases.

Also, do not touch the coin with your fingers, use gloves.

Do not, seriously, do not try and clean the coin yourself, it will make it worse.

I did not heed these warnings from fellow members and I had alot of coins lose value.

Other than that, the condition looks pretty decent. To get the best value, I recommend getting it graded for $50 via ANACS, its pretty easy

http://www.anacs.com/contentPages/SubmissionForm.aspx

-Charlie
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
September 15, 2014, 10:31:56 PM
#1
Entertain me with offers.





Please PM me for details of shipping.

If you want to use escrow, please also PM me and we can choose a mutually acceptable escrow to use.

Buyer pays shipping and escrow fee.
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