Topic: Cryptoart.com and "Peeling" Private Keys (Read 245 times)

I'm approaching a complete collection.  I have a precious few blanks to fill.  I seek a Satoshi RT IV, (any) error print(s), and, I guess that Texas Conference Print that may not have actually been a BTC cold wallet.  I obviously do not have everything in each size.  I'm need to posting a new thread (WTB) for a SRT IV in hopes that someone may fill that gap!   

Cygan,

Sorry for the rudely late reply on that question.  I think I have everything save for the all the Satoshi Roundtables, and the error prints.  I'm looking for a Large Patriot as well.  I have a few greats in crazy nice frames (well to my paltry taste) of medium and large sizes.  I also have some of the odd balls...indeed...but I will keep the dim candle of hope lit for the Staoshi RTs lol...

so i personally don't peel all my cryptoarts (if i had loaded them with valuable sats) and leave the whole thing in original condition and that's what collectors also appreciate.
can you tell us which artworks you have in your collection?

The beauty of the physical bitcoin is that the btc is locked within. If u want the art you have to leave the btc inside. If you want the btc you have to destroy the art. Its this harmony that makes it special. The value of your peice will always be worth more than the loaded value. Its been proven many times over through sales. It also serves as a way to validate the date and authenticity. You can see the original date it was funded. 20 years from now that will be valuable to authenticate. If you do peel though you make my collectable worth more because you just decreased the mintage. Never peel, always sell loaded

I agree with krogoth. I would treat these like any other loaded collectible. I don’t see why it should be treated different just because it is on art and not a coin or token.

You should peel it if you don’t trust the maker, there is an indication that the private keys are compromised, or if you need the BTC. If you don’t plan on selling the art and are simply going to frame them for yourself AND you don’t feel comfortable with the BTC on the art, then peel, frame and be happy. Of course resale for peeled will be less, but I’m not sure you would get the same value for an overloaded item either. If the load value is the face value I would think you are still “OK” so to speak.


I know there are different opinions regarding loading unloaded collectibles. Some are in favor of loading the face value, others prefer them unloaded in the original state. I’m somewhere in between depending on the load value and the trust in the maker. Loading trusted collectibles for some is a good way to hodl and not spend as it would require peeling. What I do know is that I personally do not like “dusted” items. Not sure why someone would load a trivial amount that is different than the face value or value on a COA etc. I simply don’t understand the potential benefit of locking up small amounts other than for the novelty of sending a transaction to your item. Interestingly, I think some of my Cryptoart pieces do have some trivial amounts loaded, sent directly by TF after I purchased, but I personally did not further fund any of my Cryptoart prints. Probably different opinions, but thats my 2 stats.

Curious to see what others think.
Geo

 As a collector I would keep them loaded. If you feel comfortable with the amount loaded and the security of this company...do not peel. Just my 2 Satoshi

Fellow collectors -

I wanted to check in with a few Cryptoart.com print questions that are really best answered by you, the most OG and largest BTC/Crypto collectable community that I'm aware of on the interwebs.  I have several funded cryptoart.com pieces that I, for better or worse, funded a long time ago. 

Several of the pieces are still funded, and have never had the security sticker "peeled", "torn back" or "voided".   Several more were funded but subsequently peeled and spent (BCH fork was a time I wanted to dump that shit).  More than a couple unpeeled work are funded with non trivial amounts of coin.  For the last few years (since the 21 million and 1 million club pieces or so) I've either left them unfunded or funded with minimal amounts; lately that amount has been 0.001BTC.  Many thanks to Owlcatz for bringing this to my attention some months back -it seems most collectors prefer funded works - not "a lot" of BTC but some, for whatever reason.  However, in some of the original cases, what was once "a little funding" is now A LOT. lol

So my question is - what would be the best course of action for these pieces WRT funding/peeling?  Especially from the desirability/collectability point of view in mind.  To peel or not to peel, leave 'em alone, hell IDK fund em more?  Just kidding - I won't be funding pieces more  than 0.001 BTC for this epoch - security/risk is too high.

Cryptoart.com is undergoing a metamorphism to "Cryptoart V2" currently, but they still have the same resources for printing.

I have not asked them/him, but if I recall, Cryptoart.com (TF) offered a replacement service for certificates that got damaged; it was of course a non-trivial fee, but it may be worth considering, if all things are considered lol.  So I ask you community:  what should I consider?  Do you think the originals would be more valuable?  I am uncomfortable with some of the pieces being paper wallets, one of a kind....several of them are first editions and funded heavy. 

A tid-bit of a detail I wasn't aware of regarding the small certificates vs. medium/large pieces - the certs are printed on a different paper.  The medium and larges are a (higher quality?) different paper because they are really meant for framing and large displays with more light exposure.  Several of my large prints are framed, a few are still in the tubes.

So I had a moment and wanted to throw this one out to the community.  To anyone I have missed getting back to lately on PMs - I've got a week before my "spring break" so I will have time to take a breath.  Hit me up/shake my chain!