Topic: [CLOSED] 2011 Casascius 25 BTC Coin / Graded MS-62 / Funded with 40BTC - page 2. (Read 1298 times)

Loqlow
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2011 Casascius 25 BTC [40 BTC funded]
« Sent to: Poloherb on: Today at 06:17:41 PM »
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Quote from: Poloherb on Today at 06:00:52 PM
This will be a second offer
I offer 40.05BTC

https://bitcointalksearch.org/topic/closed-2011-casascius-25-btc-coin-graded-ms-62-funded-with-40btc-1337933

Hi Poloherb,

Thank you for your offer, hoping it is a serious one as ive been messed about quite a lot via pm Sad
I really dont want to peel this coin so will accept your offer to keep it intact.
I dropped OgNasty a PM to act as escrow and he sent me this pm -

Quote from: OgNasty on Today at 06:10:52 PM
Hi Loqlow,

No problem acting as Escrow for your Casascius sale.

Please forward the buyer the link below to my main Escrow thread on the forum -

www.bitcointalk.org/index.php?topic=303281

After he has deposited 40.05BTC to the Escrow address in my first post ask him to pm myself and you the transaction I.D.

After you have confirmed payment you are safe to ship the coin.

@Poloherb please pm me when you have received the coin and I will release the funds.

Cheers,
OgNasty

Ball is now in your court, drop me a pm with your full shipping info and the transaction I.D after you have sent the funds to OgNasty.

Coin will ship first thing Monday.

This will be a second offer
I offer 40.05BTC

I would be interested in the coin.   Since this is not an auction, there is no sense bidding.  Let me know if you're going to sell.
David is on target with the value of the coin though.

Agreed.  It doesnt have much collectible value being overfunded and a low ANACS grade.  I'd say its worth the value of the total loaded bitcoin and a peeled 25 BTC.   

I can offer 40.4BTC

With that low of a grade I would have offered 26BTC for it, but the over funding pretty much takes that off of the table for me. I think your best bet here is to peel the coin and sell it.

As would I. I hate to see a Casascius get peeled but it might be a hard sell since it is funded so much higher than the face value. Even some 25BTC coins in great condition with provenance (the one by wheresmycoin comes to mind but I can't find the for sale thread) have had a tough time selling lately. I would definitely be patient as the market is rather slow at the moment.

I'd love to get my hands on a redeemed one for 0.5 BTC.  (Basically a 40.5 BTC offer)

If you're interested in a ball park value, I'd look at the premium on an ungraded coin and then a graded.

Typically I've seen 25BTC coins go for anywhere from 25.5 to 28BTC. Graded ones have grades from AU58-MS67(I haven't seen higher) and the MS67 had a premium of roughly 5-6BTC iirc.

Yours could have a premium of maybe 2-5BTC depending on the buyer. Some people don't like the idea of over funding it since it means you need to dish out more capital and 'may' affect resale value.

All of that said, it's a great looking coin and all the best to get it sold

Note, this coin has been opened and is for sale here:
https://bitcointalksearch.org/topic/closed-peeled-2011-casascius-25-btc-coin-graded-ms-62-slab-included-1339979

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I have a graded 25 BTC Casascius coin that I'm considering selling in the near future.

The coin's public address is 1PtwkMfs6hdcLRyaYvTmwQvxPakRGokX3L.

The coin's total funded value is BTC40. I loaded the coin with an additional BTC15 in 2013.

I'm the original owner of this coin. I purchased it directly from Mike Caldwell.

I'd appreciate any assistance in determining the ballpark value of this coin.

Thanks very much, and I'd be more than happy to answer any questions!