Casascius Coin Advise | Bitcointalksearch.org

digicoinuser

legendary

Activity: 2702

Merit: 1072

^^^

Agreed, I thought miffman's answer was thorough while being concise and to the point. The OP responded with the below statement (shortened) which showed he appreciated the information.

Quote from: mathiassi on August 16, 2017, 03:24:07 AM

Thanks a lot for the swift reply and the advice. I will post photos later today or tomorrow.

Quote from: Icculus. on August 19, 2017, 01:04:03 AM

What?

You win the award for offering advise that doesn't answer any of this guy's questions

Let's try to be civil and if you believe miffman's answer could have been improved there's nicer ways to put it.

miffman

legendary

Activity: 1904

Merit: 1005

PGP ID: 78B7B84D

Quote from: Icculus. on August 19, 2017, 01:04:03 AM

What?

You win the award for offering advise that doesn't answer any of this guy's questions

Quote

Hi Guys, does it makes sense to have a Casascius Coin authenticated with lets say ANACS?

To which I responded:

Quote

ANACS is a coin grading service and they don't directly deal with bitcoin.

Implying that ANACS does not authenticate physical bitcoins, as they don't deal directly with bitcoins. They only grade them as physical tokens.

Quote

Or should I redeem the coin and get my bitcoin?

To which I responded:

Quote

You don't have to redeem it if you don't want to send it to ANACS, you can keep it or sell it here. If you post some pictures with the date and your username, people may want to buy it.

And furthermore:

Quote

Any advise would be highly appreciated!

Icculus.

newbie

Activity: 34

Merit: 0

Quote from: miffman on August 16, 2017, 03:16:08 AM

ANACS is a coin grading service and they don't directly deal with bitcoin. You don't have to redeem it if you don't want to send it to ANACS, you can keep it or sell it here. If you post some pictures with the date and your username, people may want to buy it.

What?

You win the award for offering advise that doesn't answer any of this guy's questions

dazedfool

legendary

Activity: 1534

Merit: 1133

derp

Quote from: Josepht on August 17, 2017, 07:31:22 PM

Quote from: Fattcatt on August 17, 2017, 11:04:32 AM

Looks to me that the coin has been cleaned.

Coin is still loaded: https://casascius.uberbills.com/?address=1CSZhbKr2rVnm5yYR7fBnTUZ2sgwB9a4md

Anyway OP, you can easily sell that coin for (I would imagine) 1.2 BTC or more, so if you're just going for the value, you might as well sell it here on the forum in stead of redeeming it.

Cleaned as in physically wiped/polished. Not swept Tongue

Josepht

hero member

Activity: 1008

Merit: 515

Quote from: Fattcatt on August 17, 2017, 11:04:32 AM

Looks to me that the coin has been cleaned.

Coin is still loaded: https://casascius.uberbills.com/?address=1CSZhbKr2rVnm5yYR7fBnTUZ2sgwB9a4md

Anyway OP, you can easily sell that coin for (I would imagine) 1.2 BTC or more, so if you're just going for the value, you might as well sell it here on the forum in stead of redeeming it.

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

I think he meant the brass polished

mathiassi

newbie

Activity: 12

Merit: 0

I am not sure but I dont think it is, as the coin is still acitve and not opened....

https://casascius.uberbills.com/?address=1CSZhbKr2rVnm5yYR7fBnTUZ2sgwB9a4md

Fattcatt

sr. member

Activity: 1928

Merit: 354

Looks to me that the coin has been cleaned.

mathiassi

newbie

Activity: 12

Merit: 0

Thanks for the suggestion!

http://imgur.com/a/SyizJ

mathiassi

newbie

Activity: 12

Merit: 0

Thanks a lot for the info. This is the best guide I have seen so far about Casascius Coins!

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

https://coinfirm.org/wp-content/uploads/2016/06/The-CoinFIRM-Casascius-Guide-v0.11-4.pdf

This will tell you about it.

It's one of 4089 made that year. About one quarter have been opened.

mathiassi

newbie

Activity: 12

Merit: 0

Hi guys, here is my Casascius Coin. Does anybody no anything about this specific coin? Is it the 2nd generation?

http://imgur.com/a/U4NDx

Thanks

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: ?? on ??

Right now ANACS is the only company that will grade physical cryptocoins for about $20 per coin.

There are others.

I'm sure I've seen a few rated by this operation - https://www.pcgseurope.com/?l=en

However ANACs is the one everyone judges them by so it's pretty pointless sending them anywhere else.

AT101ET

legendary

Activity: 3178

Merit: 1348

If you definfiely want to cash out and are happy with selling while BTC is at this price then I'd say sell it on here and don't get it graded. You'll get a premium for it since it's a Casascius. Grading it will cost you time and in that time it's possible that BTC will go down in value and you'll get less for it then you could have had you sold it now.

L

full member

Activity: 182

Merit: 100

Don't forget it also has Bitcoin Cash, Clams, and some other 'airdroped' coins in it, its value is higher than just the bitcoin you initially purchased.

mathiassi

newbie

Activity: 12

Merit: 0

Thanks a lot for the swift reply and the advice. I will post photos later today or tomorrow.

I have seen some for sale graded/authenticated. Does it make sense for me to do the same? If so, which company should I use?

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: mathiassi on August 16, 2017, 02:56:52 AM

Hi Guys, does it makes sense to have a Casascius Coin authenticated with lets say ANACS? Is there a better company? Or should I redeem the coin and get my bitcoin?

I have bought 1 Casascius Coin in 2012 and completly forgot about it. However, now reading the news of the high prize of bitcoins I remebered that I have one coin...

Any advise would be highly appreciated!

Thank you very much in advance.

Best,
Mathias

Don't redeem your bitcoin because you can have good profit by selling or auction loaded casascius coin rather than redeemed coin. Can you post here some pics so that we can rate your coin base on it's condition, Newbie can't post link here so a link to the picture is enough, If you planning to sell it, I'm happy to buy it with reasonable price based on the actual condition of the coin. Don't hesitate to PM me. Wink

TheNewAnon135246

legendary

Activity: 2198

Merit: 1989

฿uy ฿itcoin

I suggest you sell it here instead of redeeming. People are willing to pay a premium on the coin so you'll waste money by peeling it Grin

.

miffman

legendary

Activity: 1904

Merit: 1005

PGP ID: 78B7B84D

ANACS is a coin grading service and they don't directly deal with bitcoin. You don't have to redeem it if you don't want to send it to ANACS, you can keep it or sell it here. If you post some pictures with the date and your username, people may want to buy it.

mathiassi

newbie

Activity: 12

Merit: 0

Hi Guys, does it makes sense to have a Casascius Coin authenticated with lets say ANACS? Is there a better company? Or should I redeem the coin and get my bitcoin?

I have bought 1 Casascius Coin in 2012 and completly forgot about it. However, now reading the news of the high prize of bitcoins I remebered that I have one coin...

Any advise would be highly appreciated!

Thank you very much in advance.

Best,
Mathias

Topic: Casascius Coin Advise (Read 839 times)