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Topic: For sale: 1 Btc Brass Casascius 2011 Coin with Typing Error in Hologram (Read 1047 times)

newbie
Activity: 38
Merit: 0
I took today a little time to browse this Marketplace subforum for a little longer. Seems that there are lots of uncertainity and many different practices for terms of sales .

I would suggest the users joined together for writing down the best practices to minimize risks for both parts of a deal - an escrow included.

I think you should offer worldwide hand-delivery.  Wink

Yes  I actually do, but only for you, my friend, and for the special price of 2,5 btc. Where shall we meet? Wink
legendary
Activity: 1534
Merit: 1133
derp
I took today a little time to browse this Marketplace subforum for a little longer. Seems that there are lots of uncertainity and many different practices for terms of sales .

I would suggest the users joined together for writing down the best practices to minimize risks for both parts of a deal - an escrow included.

I think you should offer worldwide hand-delivery.  Wink
newbie
Activity: 38
Merit: 0
I took today a little time to browse this Marketplace subforum for a little longer. Seems that there are lots of uncertainity and many different practices for terms of sales .

I would suggest the users joined together for writing down the best practices to minimize risks for both parts of a deal - an escrow included.
newbie
Activity: 38
Merit: 0
Turns out it's much more complicated than I had thought to get a Casascius coin insured when it is sent abroad.

I inquired about personal / home insurance and transport insurance for businesses. It is possible to get the insurance but depends for example on recipient's country.  Home insurance didn't cover valuable collectibles if they are sent abroad for sale. Luckily I'm an entrepreneur and can take the insurance for my company as well.

Seems that it could be even possible to take double insurance. For courier companies, DHL is probably the only one I know of that offers coverage for collectibles. In addition, one of the big bank/insurance companies offers additional insurance for items one sends via courier company.

So, next step would be to know the country of recipient.
newbie
Activity: 38
Merit: 0
I was a bit late today trying to find out about possibilites for insurance.  When I reached customer service for a home insurance company, they didn't have their back office any more open so they promised to get back to me tomorrow.

Practically same thing for another courier company, need to contact their customer service tomorrow again.
sr. member
Activity: 771
Merit: 283
Damm, so much drama here  Cheesy
newbie
Activity: 38
Merit: 0
Thanks HabBear for also mentioning earlier the other similar for sale thread. I would have otherwise missed it.


Seems like right value for these coins vary between 1,5-2,1 BTC.

Unfortunately I haven't got any offers for this one. Could be partly because the seller is a newbie member. It might also affect significantly that I have different kinds of terms than what is customary.

I try to find out tomorrow if there's a delivery company who carries these coins insured.

If so, I could make a sale for 1,7 btc if anybody is interested.

Otherwise I'll probably end this thread and let it be for undefined time.



It is because your terms of trade are too complicated.

The better way:  Buyer sends btc to escrow.  You send physical coin to escrow.  Escrow sends you btc upon receipt of coin and sends coin on to buyer.

Thanks Lesbian Cow and congratulations for one of the perkiest usernames here Smiley

I start slowly to accept that the public opinion is on that side and I might have to review mine.

legendary
Activity: 3066
Merit: 1757
Thanks HabBear for also mentioning earlier the other similar for sale thread. I would have otherwise missed it.


Seems like right value for these coins vary between 1,5-2,1 BTC.

Unfortunately I haven't got any offers for this one. Could be partly because the seller is a newbie member. It might also affect significantly that I have different kinds of terms than what is customary.

I try to find out tomorrow if there's a delivery company who carries these coins insured.

If so, I could make a sale for 1,7 btc if anybody is interested.

Otherwise I'll probably end this thread and let it be for undefined time.



It is because your terms of trade are too complicated.

The better way:  Buyer sends btc to escrow.  You send physical coin to escrow.  Escrow sends you btc upon receipt of coin and sends coin on to buyer.
newbie
Activity: 38
Merit: 0
Thanks HabBear for also mentioning earlier the other similar for sale thread. I would have otherwise missed it.


Seems like right value for these coins vary between 1,5-2,1 BTC.

Unfortunately I haven't got any offers for this one. Could be partly because the seller is a newbie member. It might also affect significantly that I have different kinds of terms than what is customary.

I try to find out tomorrow if there's a delivery company who carries these coins insured.

If so, I could make a sale for 1,7 btc if anybody is interested.

Otherwise I'll probably end this thread and let it be for undefined time.

newbie
Activity: 38
Merit: 0
Only because I don't honestly know how to handle all the details and make everything go smooth. I actually am quite sorry for that.

No worries, friend. In the future if you need help you should just ask one of us. A lot of us would be happy to help you set up a sale thread - we could give you the text and formatting for you to literally copy and paste into a thread.

It's a pretty helpful bunch here (most of us). Some of us are curmudgeons.

Thanks HabBear for the good words and help offer, I appreciate it.
(Thanks for also teaching new English word).

hero member
Activity: 1106
Merit: 638
Only because I don't honestly know how to handle all the details and make everything go smooth. I actually am quite sorry for that.

No worries, friend. In the future if you need help you should just ask one of us. A lot of us would be happy to help you set up a sale thread - we could give you the text and formatting for you to literally copy and paste into a thread.

It's a pretty helpful bunch here (most of us). Some of us are curmudgeons.
newbie
Activity: 38
Merit: 0
This almost seems like the same user as the Yoandy10 user name, comes off all sincere, acts like they know nothing to try to make a score IMO

See! You too doubt my honesty! Just like I suspect somebody who everybody else recommends as the most trustworthy choice for escrow!

I think it's just reasonable not to send considerable amount of money to a unknown stranger in the Internet!

But moving on from repeating myself, isn't the important question what can be learned here?

Can this community elaborate a risk-free escrow method for trading valuable physical items.

It might turn out already in Monday that I find an insurance company and/or and delivery company that carries these things insured.

That could be a way I could send the coin to an escrow user.

(And note: I first tried to auction the coin in June, now I have around three months of experience of this forum and of some of its users. I have more knowledge to estimate the risk. Saying that I'm not as totally skeptical about using an escrow as I was three months ago)
full member
Activity: 238
Merit: 113
This almost seems like the same user as the Yoandy10 user name, comes off all sincere, acts like they know nothing to try to make a score IMO
newbie
Activity: 38
Merit: 0

Only because I don't honestly know how to handle all the details and make everything go smooth. I actually am quite sorry for that.


Well good thing you came to the one place where we handle stuff like this on a daily basis.....
This is why everyone is trying to help you and give advice.
It's really not that complicated and at some point you have to take a leap of faith.

1- Take picture of back of coin (hologram) side with a name and date paper
2- Post up an auction in this section of the forum
3- Winner sends escrow funds, You send winner coin
4- Winner reports that coin received in good standing and escrow is released.
5- Everyone is happy Cheesy

I appreciate all of you guys trying to actually help despite the amount of frustration you might have felt.

The only thing there that worries me is the leap of faith part. I guess I ask my insurance company and/or post or courier services like UPS or the kind if they offer full coverage for shipping valuables.

Thanks for your patience!

They might, but it sometimes falls into a grey area trying to insure digital items such as bitcoin, gift cards, etc.......
And also take into account if shipping, the declaration/customs value vs. insurance value.......
If declaring at full value, your buyer may need to pay VAT or import charges

Just a quick update. I'm surprised, my own insurance company denied insuring bitcoins and UPS denied transporting "personal items, such as collections".
Too bad. I try to ask from a couple of another companies next week.





newbie
Activity: 38
Merit: 0

Only because I don't honestly know how to handle all the details and make everything go smooth. I actually am quite sorry for that.


Well good thing you came to the one place where we handle stuff like this on a daily basis.....
This is why everyone is trying to help you and give advice.
It's really not that complicated and at some point you have to take a leap of faith.

1- Take picture of back of coin (hologram) side with a name and date paper
2- Post up an auction in this section of the forum
3- Winner sends escrow funds, You send winner coin
4- Winner reports that coin received in good standing and escrow is released.
5- Everyone is happy Cheesy

I appreciate all of you guys trying to actually help despite the amount of frustration you might have felt.

The only thing there that worries me is the leap of faith part. I guess I ask my insurance company and/or post or courier services like UPS or the kind if they offer full coverage for shipping valuables.

Thanks for your patience!
newbie
Activity: 38
Merit: 0
We need to see a good picture of the hologram side too. We'll need to be able to ensure:

(1) The hologram is intact,
(2) Check the first bits (ourselves) for verification of the funded amount, and
(3) I always forget this one - verify that this is in fact an error coin

Oh, would you have shared this with us if I hadn't asked? You're burying the lead by not sharing a picture of the hologram, doing so keeps potential buyers moving on to another thread selling the same coin (there's an auction for the same type of coin going on right now  on this board!)

My apologies. As must be evident already, I'm unexperienced in these things. As for my defense, I suppose anyone could have checked all postings by my username.

2) I'll provide this opportunity to a trusted buyer candidate with the condition that if this and all the other prerequisites are met, the deal will happen.
I suppose this is fair, but you'll get more serious offers if people can look at your coin and see that it is of a quality that meets the buyers interests.

3) Is it enough that you can see it on the photo linked to the thread above?
I guess. But why make the people you need to complete your sale go through so much effort to want to make an offer?

Only because I don't honestly know how to handle all the details and make everything go smooth. I actually am quite sorry for that.
hero member
Activity: 1106
Merit: 638
We need to see a good picture of the hologram side too. We'll need to be able to ensure:

(1) The hologram is intact,
(2) Check the first bits (ourselves) for verification of the funded amount, and
(3) I always forget this one - verify that this is in fact an error coin

Oh, would you have shared this with us if I hadn't asked? You're burying the lead by not sharing a picture of the hologram, doing so keeps potential buyers moving on to another thread selling the same coin (there's an auction for the same type of coin going on right now  on this board!)

2) I'll provide this opportunity to a trusted buyer candidate with the condition that if this and all the other prerequisites are met, the deal will happen.
I suppose this is fair, but you'll get more serious offers if people can look at your coin and see that it is of a quality that meets the buyers interests.

3) Is it enough that you can see it on the photo linked to the thread above?
I guess. But why make the people you need to complete your sale go through so much effort to want to make an offer?
newbie
Activity: 38
Merit: 0
... I tried auctioning earlier on this forum and unfortunately couldn't come to an agreement about shipping and payment methods with the highest bidder. Instead of auction I ask for offers starting at 1,5 BTC or the equivalent in euros or USD.


For anyone wanting to deal with this seller, please note that he doesn't accept any of the in this community commonly accepted payment and shipping methods. As the highest bidder I can confirm that he didn't want to use minerjones as an escrow because minerjones is, and I quote "eagerly recommended by the members of the forum". Roll Eyes

Would hate to see someone loosing his precious time on this. 

If you were a newbie, and there were thousands of strange anonymous people in front of you, would you give your money to one that a few tell to be absolutely trustworthy?

Yes...and yet you come here, the one place where you would find the best advice, help, sales, etc and are doubting what the community recommends??

It has surprised me how strong community spirit there is on this forum.

Don't get me wrong, but because I'm cautious and suspicous person, strong recommendations for one user to act as possible escrow got me alerted instead of feeling secure. Could that be for something the users of forum could learn from?

It's almost too good to find out that there's an online community where people help make money and help each other out doing something that's kind of like a hobby or something as enjoyable (well many might be total professionals as well). It could be like this and that would be a perfect situation, but I would need to follow the forum and its users for months to come to such conclusion and be sure about it.

How would a bank handle the escrow??
I imagine their fees/charges to be quite hefty compared to any escrow service you may find here.
Plus would any bank cover an escrow request for a bitcoin/cryptocurrency tx??

Unfortunately I don't know yet if the idea would work at all. Remains to be found out.

You're definitely right that banks probably take higher fees for such services. Hopefully I can find a buyer for face-to-face deal.

That's a good question as well. Might depend on the bank as well.

newbie
Activity: 38
Merit: 0
Tip for OP: It is best to handle valuable collectable coins with gloves.

That's true.

If the mistake has already happened, I prefer not to try cover it up. Would be a frustrating fly to another country if the buyer declined only on basis that the coin is not shiny as mirror any more.
newbie
Activity: 38
Merit: 0
... I tried auctioning earlier on this forum and unfortunately couldn't come to an agreement about shipping and payment methods with the highest bidder. Instead of auction I ask for offers starting at 1,5 BTC or the equivalent in euros or USD.


For anyone wanting to deal with this seller, please note that he doesn't accept any of the in this community commonly accepted payment and shipping methods. As the highest bidder I can confirm that he didn't want to use minerjones as an escrow because minerjones is, and I quote "eagerly recommended by the members of the forum". Roll Eyes

Would hate to see someone loosing his precious time on this. 

If you were a newbie, and there were thousands of strange anonymous people in front of you, would you give your money to one that a few tell to be absolutely trustworthy?

It has surprised me how strong community spirit there is on this forum.

Don't get me wrong, but because I'm cautious and suspicous person, strong recommendations for one user to act as possible escrow got me alerted instead of feeling secure. Could that be for something the users of forum could learn from?

It's almost too good to find out that there's an online community where people help make money and help each other out doing something that's kind of like a hobby or something as enjoyable (well many might be total professionals as well). It could be like this and that would be a perfect situation, but I would need to follow the forum and its users for months to come to such conclusion and be sure about it.

As a less-than-active forum member who checks in only from time-to-time...  I used MinerJones as escrow (at the recommendation of the seller no less) for a recent purchase based solely on his reputation/trust feedback.  It would be quite the ruse for an entire forum to back MJ's service if it were the least bit scammy.  MJ makes decent commission when all the deals add up... It would be a detriment and risk to himself to abscond with forum member funds.  Why shoot a cash cow when you can keep on milking for eternity?  Everything went smoothly and I'll be using his services again soon.

Though I appreciate and respect a certain level of caution, recognize that MJ has more to risk than gain by stealing funds. People send him physicals for escrow/reasons... meaning he's able to be relatively located... Years of service to gain his reputation that now nets him who knows how much yearly.  It's illogical to let all that business to fall to a competitor for a heist of 1.5 - 2 btc.

Further, perhaps the new buyer wouldn't want to be physically identifiable. I'd rather send btc via net than out myself as a holder with coins to spend in the public eye.  There's cautious and then there's full on paranoid. Deals of magnitudes higher value occur regularly. Just escrow it man.

Thanks for solid reasoning. Your argument is valid and I don't have anything to dispute.
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