There is no set premium. These premiums depend on numerous factors that include but are not limited to: supply/demand, if the coin is graded, coin grade, coin condition, PGP key availability, price of BTC and etc.
The point is that there is no fixed premium per coin and trying to document it won't really yield accurate results.
Topic: Casascius issues - Dollar Premium estimates - all in one place.... - page 3. (Read 1681 times)
February 22, 2017, 11:11:53 AM
February 22, 2017, 10:38:28 AM
THIS IS VERSION 1. FOR LATER VERSIONS SEE BELOW.
In order to avoid the confusion caused by fluctuations in BTC values, I thought it might be useful to compile a list of numismatic dollar premium estimates for known Casasciuss issues. In other words, the premium excluding the BTC value. I have taken issue details from the very helpful Spotcoin list (http://www.spotcoins.com/bitcoin/casascius). Comments/suggested valuations are all based on the coin still being funded. All comments/suggestions welcome.
Some general remarks. In numismatics, critical factors are: (1) condition (2) face value (as a broad rule, higher demoninations tend to command a higher premium) (3) scarcity (4) other features affecting desirability such as historical importance, errors, material (silver and gold more desirable). I have tried to apply these considerations in my guestimates below. One thing which I have not taken into account is funding date. First funded coins in any series may command a further premium.
Please feel free to rip into me and tell me that my suggested valuations are ridiculously low or high. That is the whole point of this thread: to try and get some sense via community input of where the premiums ought to be.
0.1 BTC Silver
2013
Funded 800
Redeemed 8
Active 792
Fairly scarce. At a guess I would say these should command something like a US$ 200 premium over the BTC content.
0.5 BTC Brass
2013
Funded 3055
Redeemed 139
Active 2916
Relatively common. US$ 150
0.5 BTC Silver, Series-2
2013
Funded 45
Redeemed 0
Active 45
Extremely rare. Must be be close to US$ 1,000 and perhaps more I would have thought.
0.5 BTC Silver, Series-3
2013
Funded 885
Redeemed 1
Active 884
Scarce. US$ 500.
1.0 BTC Brass, Series-1
2011
Funded 5993
Redeemed 892
Active 5101
Common but highly desirable because of the error. US$ 500 to US$ 1,000. This coins ought to be the easiest one to put a dollar premium on.
1.0 BTC Brass, Series-2 (2011)
2011
Funded 516
Redeemed 82
Active 434
Scarce but less desirable than the error issue. US$ 400-500 ?
1.0 BTC Brass, Series-2 (2012)
2012
Funded 6740
Redeemed 821
Active 5919
Common. US$ 300.
1.0 BTC Brass, Series-2 (2013)
2013
Funded 5407
Redeemed 297
Active 5110
Common. US$ 300.
1.0 BTC All-Silver
2013
Funded 1300
Redeemed 8
Active 1292
Scarce. US$750
1.0 BTC Silver with Gold Trim
2013
Funded 483
Redeemed 1
Active 482
Very scarce and desirable. US$ 1,000-US$ 1,500.
5 BTC, Series-1
2012
Funded 670
Redeemd 80
Active 590
Scarce. US$ 1,500.
5 BTC, Series-2
2012
Funded 572
Redeemed 123
Active 449
Scarce. US$ 1,500.
10 BTC, All-Silver
2012
Funded 250
Redeemed 35
Active 215
Rare. US$ 2,000
10 BTC, Silver with Gold Trim
2012
Funded 242
Redeemed 16
Active 226
Rare. US$ 2,000
25 BTC, Series-1
2011
Funded 338
Redeemed 132
Active 206
Rare. Hard to value the premium as the face value is already so high. Say US$ 5,000?
25 BTC, Series-2
2011
Funded 472
Redeemed 117
Active 355
Ditto. Rare. Hard to value the premium as the face value is already so high. Say US$ 5,000?
1000 BTC 1oz Gold
2012
Funded 5
Redeemed 2
Active 3
Impossible to value in the absence of any reported sales and in light of the very high face value.
In order to avoid the confusion caused by fluctuations in BTC values, I thought it might be useful to compile a list of numismatic dollar premium estimates for known Casasciuss issues. In other words, the premium excluding the BTC value. I have taken issue details from the very helpful Spotcoin list (http://www.spotcoins.com/bitcoin/casascius). Comments/suggested valuations are all based on the coin still being funded. All comments/suggestions welcome.
Some general remarks. In numismatics, critical factors are: (1) condition (2) face value (as a broad rule, higher demoninations tend to command a higher premium) (3) scarcity (4) other features affecting desirability such as historical importance, errors, material (silver and gold more desirable). I have tried to apply these considerations in my guestimates below. One thing which I have not taken into account is funding date. First funded coins in any series may command a further premium.
Please feel free to rip into me and tell me that my suggested valuations are ridiculously low or high. That is the whole point of this thread: to try and get some sense via community input of where the premiums ought to be.
0.1 BTC Silver
2013
Funded 800
Redeemed 8
Active 792
Fairly scarce. At a guess I would say these should command something like a US$ 200 premium over the BTC content.
0.5 BTC Brass
2013
Funded 3055
Redeemed 139
Active 2916
Relatively common. US$ 150
0.5 BTC Silver, Series-2
2013
Funded 45
Redeemed 0
Active 45
Extremely rare. Must be be close to US$ 1,000 and perhaps more I would have thought.
0.5 BTC Silver, Series-3
2013
Funded 885
Redeemed 1
Active 884
Scarce. US$ 500.
1.0 BTC Brass, Series-1
2011
Funded 5993
Redeemed 892
Active 5101
Common but highly desirable because of the error. US$ 500 to US$ 1,000. This coins ought to be the easiest one to put a dollar premium on.
1.0 BTC Brass, Series-2 (2011)
2011
Funded 516
Redeemed 82
Active 434
Scarce but less desirable than the error issue. US$ 400-500 ?
1.0 BTC Brass, Series-2 (2012)
2012
Funded 6740
Redeemed 821
Active 5919
Common. US$ 300.
1.0 BTC Brass, Series-2 (2013)
2013
Funded 5407
Redeemed 297
Active 5110
Common. US$ 300.
1.0 BTC All-Silver
2013
Funded 1300
Redeemed 8
Active 1292
Scarce. US$750
1.0 BTC Silver with Gold Trim
2013
Funded 483
Redeemed 1
Active 482
Very scarce and desirable. US$ 1,000-US$ 1,500.
5 BTC, Series-1
2012
Funded 670
Redeemd 80
Active 590
Scarce. US$ 1,500.
5 BTC, Series-2
2012
Funded 572
Redeemed 123
Active 449
Scarce. US$ 1,500.
10 BTC, All-Silver
2012
Funded 250
Redeemed 35
Active 215
Rare. US$ 2,000
10 BTC, Silver with Gold Trim
2012
Funded 242
Redeemed 16
Active 226
Rare. US$ 2,000
25 BTC, Series-1
2011
Funded 338
Redeemed 132
Active 206
Rare. Hard to value the premium as the face value is already so high. Say US$ 5,000?
25 BTC, Series-2
2011
Funded 472
Redeemed 117
Active 355
Ditto. Rare. Hard to value the premium as the face value is already so high. Say US$ 5,000?
1000 BTC 1oz Gold
2012
Funded 5
Redeemed 2
Active 3
Impossible to value in the absence of any reported sales and in light of the very high face value.
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