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Topic: Casascius Bitcoins For Sale, Reduced Prices (Read 437 times)

TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
August 01, 2020, 05:57:14 PM
#13
Why are these so "cheap?"   

As far as I can tell most sales don't seem to include the fact that they include all bitcoin-forks since they were so early on the blockchain?

I'm not complaining as a buyer, but someday people will figure out these have value.

EDIT:  I'm talking in general, not this specific post.

The premium value of cas coin especially those brass coin is pegged to fiat value. The price in BTC will be lower as long as BTC value keeps rising and vice versa. And also there are sell-off of casascius recently and it results to too much supply in the market with a low premium coins. Maybe after 2 to 3 years. Casascius value will go up again.
newbie
Activity: 24
Merit: 4
Why are these so "cheap?"   

As far as I can tell most sales don't seem to include the fact that they include all bitcoin-forks since they were so early on the blockchain?

I'm not complaining as a buyer, but someday people will figure out these have value.

EDIT:  I'm talking in general, not this specific post.

Because I offered them at a higher price previously and only sold one coin.  I want them off my hands.  I'm sure time/effort/risk of doing the exchange is probably the major factor.  I also live in North Dakota so not a lot of opportunity for local sales.  I am not a collector.  I bought these as novelty pieces to show people back when I was introducing them to Bitcoin in 2011-2013.  I never intended them as an investment and I would personally rather have liquid coins I can trade, sell, or spend as I please.  I'm honestly they are not getting more attention, they are a rare piece of Bitcoin history.
full member
Activity: 322
Merit: 116
Why are these so "cheap?"   

As far as I can tell most sales don't seem to include the fact that they include all bitcoin-forks since they were so early on the blockchain?

I'm not complaining as a buyer, but someday people will figure out these have value.

EDIT:  I'm talking in general, not this specific post.

the higher the value of BTC, the more money is at risk in reselling a coin. w/ pandemic shipping delays and just dramatically higher value at the mercy of freight companies, the number of buyers for the time being is limited. insurance in almost all cases won't cover lost shipment / theft, and being a bearer instrument logistics of shipping have very asymmetric risk. that said i dont think a coin has sold for below peel value (BTC + forks) though the fork value is only a few percentage points these days.
legendary
Activity: 2746
Merit: 1181
Why are these so "cheap?"   

As far as I can tell most sales don't seem to include the fact that they include all bitcoin-forks since they were so early on the blockchain?

I'm not complaining as a buyer, but someday people will figure out these have value.

EDIT:  I'm talking in general, not this specific post.

Probably because most collectors arent peeling them, so that pre-fork value is not usually calculated, but sometimes it is Smiley

Thanks!
newbie
Activity: 17
Merit: 10
Why are these so "cheap?"   

As far as I can tell most sales don't seem to include the fact that they include all bitcoin-forks since they were so early on the blockchain?

I'm not complaining as a buyer, but someday people will figure out these have value.

EDIT:  I'm talking in general, not this specific post.
newbie
Activity: 24
Merit: 4
You should put them on airtight capsule to protect them from scratch and discoloration. Most your have noticeable scratches. I'm just concern about this gem safety. You can buy copper membership in the forum so that you can post picture in your thread. It will makes easier for visitors to view your coins.

GLWS!

Perhaps I should have.  I am not a collector however.  I bought these as conversation pieces to show people when I was introducing people to what Bitcoin was back in 2011-2012.  They were worth about $5 and I didn't care.  I'm still not a collector and would rather have coins on my ledger, but I don't want to destroy something rare that others may value so I'm attempting to sell them for a markup worth my effort and risk rather than peel and destroy them.

The one exception being the 10BTC piece I actually bought that just because I thought it looked really cool and it is in a case that has never been opened.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
You should put them on airtight capsule to protect them from scratch and discoloration. Most your have noticeable scratches. I'm just concern about this gem safety. You can buy copper membership in the forum so that you can post picture in your thread. It will makes easier for visitors to view your coins.

GLWS!
sr. member
Activity: 845
Merit: 267
Is 1DKhbxAb an error coin?   From what I can tell "Casascius" is spelled "Casacius" in some places?

Can you confirm?

Although it was an error on the inkjet print 2011 the majority of those coins had the same background "Casacius" misspelled
newbie
Activity: 17
Merit: 10
Is 1DKhbxAb an error coin?   From what I can tell "Casascius" is spelled "Casacius" in some places?

Can you confirm?
copper member
Activity: 441
Merit: 180
Awe man.  You're right I used the wrong picture on the top.  Now I have to go through and figure out what coin I missed.

Anyway there is a reason that one is cheaper, it is a bit scuffed up on the back.

Hi,
Are you negotiable on the 10BTC coin? Please send me DM if you'd like to chat. Can meet you halfway or so with the driving too!

iBHK8
newbie
Activity: 24
Merit: 4
Awe man.  You're right I used the wrong picture on the top.  Now I have to go through and figure out what coin I missed.

Anyway there is a reason that one is cheaper, it is a bit scuffed up on the back.
legendary
Activity: 1456
Merit: 1242
I have these coins for sale: http://ericools.simplesite.com

You are welcome to make offers, however I can't message people here because I'm too new I guess.  So message me directly or make sure you aren't blocking new people if you want a reply. 

I sold one with MinerJones acting as escrow before and that worked out well so I'm willing to do it that way again if desired.  I live in North Dakota and am willing to travel as far as Minneapolis to meetup if an in person transaction is desired.

I also have a gold platted a 25BTC piece.  It's not on there because my picture is pretty bad, but if someone has a serious interest I can go visit my deposit box and take another.  That one might justify an in person exchange.  I don't really want to trust it to a delivery service.


You might want to do some work on that site of yours as coin 1 and coin 2 are selling for different amounts but are the identical coins. Wink

Both have the same first bits:  137gkVVG

To all looking at this thread:   I researched this collection for another client.  All coins are legit, even the 10 and 25.  I have not seen them in person though.

Happy to help with courier service.  Good luck with your sale. 


newbie
Activity: 24
Merit: 4
I have these coins for sale: http://ericools.simplesite.com

You are welcome to make offers, however I can't message people here because I'm too new I guess.  So message me directly or make sure you aren't blocking new people if you want a reply.  

I sold one with MinerJones acting as escrow before and that worked out well so I'm willing to do it that way again if desired.  I live in North Dakota and am willing to travel as far as Minneapolis to meetup if an in person transaction is desired.

I also have a gold platted a 25BTC piece.  It's not on there because my picture is pretty bad, but if someone has a serious interest I can go visit my deposit box and take another.  That one might justify an in person exchange.  I don't really want to trust it to a delivery service.

Edit1: Addresses since they are a bit hard to read in the images.
1CAa6P6V - Sale Pending
1caGBBQQ - Sale Pending
134ZcLd2 - Sale Pending
131uTDrV - Sale Pending
1DKhbxAb - SOLD
1CAJ37WK - Sale Pending
136U6eGM - Sale Pending
137gkVVG - SOLD
1CAhx5Tt - SOLD
1AgsonV7
1GdwTe2h
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