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Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) - page 31. (Read 130354 times)

newbie
Activity: 52
Merit: 0
Hey Mike, I just noticed this text on your website:

Quote
If you are selling Casascius Coins in your local area or for fiat currency, please contact me if you're interested in being linked from here.

I would be interested in being listed as a distributor. My localbitcoins.com profile is https://localbitcoins.com/accounts/profile/jtibble/, and my listings there mention that I'm selling your coins. I only have a couple on-hand at the moment, but I'm interested in purchasing more if there's demand.

Cheers,
jtibble
hero member
Activity: 846
Merit: 1000
The One and Only
Anything I did on Friday will go out in the next 45 minutes or so (it's Monday morning).

Given that a lot of these orders are for Christmas, I am shipping throughout the week.

I just wasn't sure, since I got the shipping confirmation at 1am CST on Friday morning.
hero member
Activity: 560
Merit: 500
www.OroCoin.co
I'm interested in a physical BitCoin. But I don't care about being tied to a private key.... Just gold or silver coins minted as "bitcoins."
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Just as a heads up, I realize that many are looking to get these in time for Christmas, and expect to be shipping throughout the week as opposed to waiting until the weekends.

So if I order today, It should get here before Christmas? (Texas)

Eh, Just put in an order for a few coins anyways.

Edit: I have my shipping confirmation from Friday, But USPS is still saying they haven't seen it yet. just curious, were you able to get my order in the mail on Friday? Or will it go out today?

Anything I did on Friday will go out in the next 45 minutes or so (it's Monday morning).

Given that a lot of these orders are for Christmas, I am shipping throughout the week.
hero member
Activity: 846
Merit: 1000
The One and Only
Just as a heads up, I realize that many are looking to get these in time for Christmas, and expect to be shipping throughout the week as opposed to waiting until the weekends.

So if I order today, It should get here before Christmas? (Texas)

Eh, Just put in an order for a few coins anyways.

Edit: I have my shipping confirmation from Friday, But USPS is still saying they haven't seen it yet. just curious, were you able to get my order in the mail on Friday? Or will it go out today?
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Just as a heads up, I realize that many are looking to get these in time for Christmas, and expect to be shipping throughout the week as opposed to waiting until the weekends.
legendary
Activity: 1470
Merit: 1002
Hello!
You should make some .1 btc plastic coins for us to throw in salvation army buckets this holiday

In the meantime you can always print some of the paper bitcoin bills at https://www.bitaddress.org to give out  Cool
I would, if I had a lamination-thing
legendary
Activity: 1470
Merit: 1002
Hello!
You should make some .1 btc plastic coins for us to throw in salvation army buckets this holiday
sr. member
Activity: 454
Merit: 250
Technology and Women. Amazing.
received an order on friday, mike threw in a free fridge magnet, which was awesome.
might order again depending on how satoshidice treats me  Grin
full member
Activity: 238
Merit: 100
Any chance we could see a picture of the gold coin?  Grin
member
Activity: 66
Merit: 10
Thanks for the post Casascius. It's unfortunate that there are so many that attempt to scam others.  It really inhibits those with honor and integrity who would legitimately purchase one.  The point about bitinstant is excellent.  That's actually how I placed my last order with you.  I purchased bitcoins from them and I got my shiny coins!
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Also Casasicus, Memorydealers seems to no longer sell any of the coins for fiat currency, any idea on that?


I have never explicitly asked why not, but it seemed kind of obvious, there were a lot of things that led me to guess that it probably wasn't worthwhile, and that his "opportunity cost" to promote Bitcoin might be better expended doing much of what he does now.

The fact that I didn't have a lot of markup to offer, coupled with seeing his resources tied up having to filter an endless stream of fraudulent orders, probably made it a big hassle.  His shipping department is best suited for cranking out shipments of high-value computer parts - favoring expensive heavy boxes as packaging, FedEx over postal mail, employees trained to get serial numbers, prepare packing slip/invoice, and take photos of everything going out the door as standard operating procedure... all of that is a pain in the ass and a major labor expense just to make 5 bucks on a bitcoin, and that's all before factoring in the customer complaining about the markup and the "unreasonable" shipping cost, being threatened by PayPal (it happened), and having to deal with almost guaranteed chargebacks.  Oh and I definitely can't forget the fact that the web store had to be constantly updated every time BTC/USD would swing, and being slow to update on a huge upswing would result in large opportunistic orders that would be a pain in the ass all by themselves.

If he found selling my coins to be a waste of opportunity, I can't fault him for what he's doing instead: BitInstant is responsible for making it less necessary to sell for CC/PayPal in the first place.  If he could be said to have created a problem by letting his web store run out of Casascius Coins, he has more than solved it by helping to bring Bitcoins to thousands of locations in 30 countries, and at a better price too, given BitInstant's fees are a far smaller markup than the premium he had to charge at MemoryDealers to even consider selling the coins.

Nowadays, with BitInstant making bitcoins so accessible, someone "willing" to pay the equivalent of 130 BTC just to buy a 100 BTC bar with credit card is so likely to be fraud it's pointless to even offer it.  If there's a "right way" to sell Casascius Coins for credit card, it would probably be to offer ONE COIN at a decent markup, knowing the buyer is willing to pay a premium to own one or give it as a gift, and be willing to ship it only to the credit card billing address.
member
Activity: 66
Merit: 10
Also Casasicus, Memorydealers seems to no longer sell any of the coins for fiat currency, any idea on that?
member
Activity: 66
Merit: 10
Casasicus, I might have to buy some more coins from you then.  I wish though it were possible to make my own coins with the holograms though.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
Received my silver physical bitcoin today to add to the collection.

Nice!

legendary
Activity: 938
Merit: 1000
Anyway even with the invoice the custom will be 21% of VAT + 4% of custom so is not very convenient at least for us (is more then 1,45BTC for every coin).
I hope it is not 1.45 BTC:

Yes is it: 1,45 of total obviously not of custom duties only
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Meanwhile, I want to take the time to point out that I have raised my 1BTC price substantially for quantities under 10 and offered a new discount tier at 100+: this is because I want it to be possible for people to buy 100 at a time and resell them in their local markets and be able to make a profit.  This way, buyers pay less for shipping and don't wait as long to get their 1 coin order.  Also, if I spend less time filling orders because I'm filling fewer but bigger orders, then I'm less needy for time and of pushing order fulfillment to the weekend.

I intend to start doing this in my local market Smiley

Note to Canadians - I have placed a few orders now - pay the extra for premium shipping.
The time difference in the States between regular shipping and premium shipping getting to the border is nothing.
But once it gets to our side, the premium gets delivered by canada post business, and the regular by just the mailman.
I am noticing it takes an extra 7 - 10 days on the canadian side ordering regular vs premium.
(my last premium order got to me from border in 3 days, this regular order is not here yet & it hit the border on the 15th)

Indeed - "USPS Express" gets translated to "EMS" outside the US, which I understand is a higher tier of postal service that lots of countries agree to, and it's all on a common system.

The only downside to EMS is customs pays more attention to your package, which I suppose only matters if it has lots of silver coins.  The best way to have silver coins shipped is NOT to use Express.  Silver coins are unique in that because they are clearly marked ".999 FINE SILVER", I can't declare them for anything less than silver spot price without the risk that a customs officer will see that as obviously a lie.  If you order silver coins, I recommend they go regular mail - I can ship DVD mailer envelopes with 2-3 silver coins each and no presentation box so they are way more likely to fly under the radar.  Ordering the other coins rarely causes customs concerns because I just declare them as USD 25 cents and that price is defensible given they are shipped with no BTC value.

Stated another way, the lowered "expected risk" (probability * cost) of losing silver coins by shipping Express is far less valuable than the increased "expected risk" of being required to pay customs duty on them to make it not worthwhile, never minding the added shipping cost.  Unless you are lucky enough to live in New Zealand where .999 fine silver is exempt from duty but (ironically) only if it is clearly marked as .999 fine silver or better.
full member
Activity: 309
Merit: 102
Presale is live!
Anyway even with the invoice the custom will be 21% of VAT + 4% of custom so is not very convenient at least for us (is more then 1,45BTC for every coin).
I hope it is not 1.45 BTC:
Most international orders will be sent with the BTC value loaded after the package arrives, to minimize the package value for customs purposes
legendary
Activity: 938
Merit: 1000

Meanwhile, I want to take the time to point out that I have raised my 1BTC price substantially for quantities under 10 and offered a new discount tier at 100+: this is because I want it to be possible for people to buy 100 at a time and resell them in their local markets and be able to make a profit.  This way, buyers pay less for shipping and don't wait as long to get their 1 coin order.  Also, if I spend less time filling orders because I'm filling fewer but bigger orders, then I'm less needy for time and of pushing order fulfillment to the weekend.

Really nice idea.
I'm trying to convince a friend with a online shop  to buy some to resell them, but If he orders 100 coins to have the best price I'm pretty sure custom will stop them (is a quite big and heavy parcell). For release a parcell from custom we need an invoice in fiat currency, otherwise they do an extimate of both  market value of the objects and shipment costs, and normally they overextimate prices (some years ago custom try to charge 60$ of shipment for a parcel that I've payed 50$ shipment included). In this case can be a pain in the ass, plus very long time to release it.
Anyway even with the invoice the custom will be 21% of VAT + 4% of custom so is not very convenient at least for us (is more then 1,45BTC for every coin).
Maybe best choice for who lives on the other side of the Ocean like us, is to open a Casascius mint  Roll Eyes (just a suggestion  Wink )
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