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Topic: Graded 25 Litecoin Lealana sliver coin. Comes with a wooden box. (Read 1766 times)

legendary
Activity: 3178
Merit: 1348
I just remembered about this auction and was quite annoyed that I forgot to bid. Now having seen the reserve I'm not too annoyed as I wouldn't have thought of bidding near that.
There was a time when this coin was worth somewhere around 1.2 BTC but demand for Lealana coins have decreased as the markeys have been flooded with them recently in comparison to Casascius coins which are in limited supply.
newbie
Activity: 49
Merit: 0
What is this 25 ltc coin worth? 0.5 / 0.7 btc or more?

I bought it from eBay a while ago for around £500. Litecoins were worth a bit more then so it's probably not fair to value it the same today, but I don't want to sell it for that very low end bid. Maybe I might sell this again next year after the mining reward halving. I certainly believe that did a lot to push the price of the Bitcoin up.
legendary
Activity: 3752
Merit: 1415
Sorry, the reserve price was SHA256("2.6728 Bitcoins MgXET5AV") (Which is roughly what I paid for it.)

Meh, kinda starting to hate these reserve prices on auctions, kinda eliminates the the "auction" out of it   Tongue

It sucks but it sucks more as the seller to lose out that much  Undecided

Yeah, but the seller could just set the starting price higher, i think when someone auctions something its the risk that they are taking, either they get lower or higher amount then predicted, thats kinda the fun of hosting auctions, but the reserve price thingy kinda eliminates that, the seller might aswell just put it in the goods section and ask people to make offers and if he sees an offer that is above he's reserve price he can just accept it.

Im for the goods section as well.  Post a price with a "willing to listen to offers".  It ties up funds that could be looking to use elsewhere.  I do agree its all in the sellers favor here.  They either dont sell it or at a minimum get what they wanted and maybe more.  Seems a bit ebayish just my thoughts on it. 
legendary
Activity: 1092
Merit: 1000
What is this 25 ltc coin worth? 0.5 / 0.7 btc or more?
copper member
Activity: 2996
Merit: 2374
Sorry, the reserve price was SHA256("2.6728 Bitcoins MgXET5AV") (Which is roughly what I paid for it.)
Who did you buy this coin from? That is quite the premium for that coin.
sr. member
Activity: 441
Merit: 251
Sorry, the reserve price was SHA256("2.6728 Bitcoins MgXET5AV") (Which is roughly what I paid for it.)

Meh, kinda starting to hate these reserve prices on auctions, kinda eliminates the the "auction" out of it   Tongue

It sucks but it sucks more as the seller to lose out that much  Undecided

Yeah, but the seller could just set the starting price higher, i think when someone auctions something its the risk that they are taking, either they get lower or higher amount then predicted, thats kinda the fun of hosting auctions, but the reserve price thingy kinda eliminates that, the seller might aswell just put it in the goods section and ask people to make offers and if he sees an offer that is above he's reserve price he can just accept it.
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
Sorry, the reserve price was SHA256("2.6728 Bitcoins MgXET5AV") (Which is roughly what I paid for it.)

Meh, kinda starting to hate these reserve prices on auctions, kinda eliminates the the "auction" out of it   Tongue

It sucks but it sucks more as the seller to lose out that much  Undecided
legendary
Activity: 1092
Merit: 1000
sr. member
Activity: 441
Merit: 251
Sorry, the reserve price was SHA256("2.6728 Bitcoins MgXET5AV") (Which is roughly what I paid for it.)

Meh, kinda starting to hate these reserve prices on auctions, kinda eliminates the the "auction" out of it   Tongue
newbie
Activity: 49
Merit: 0
Sorry, the reserve price was SHA256("2.6728 Bitcoins MgXET5AV") (Which is roughly what I paid for it.)
legendary
Activity: 3752
Merit: 1415
sr. member
Activity: 441
Merit: 251
newbie
Activity: 49
Merit: 0
I've got my laptop next to me now, It closes at 20:15.
legendary
Activity: 2676
Merit: 2203
BitcoinPenny.com
Oops, I meant congratulations to wheelz.  Grin
newbie
Activity: 49
Merit: 0
I can't watch the auction continuously now as I'm busy, but the auction continues now.
legendary
Activity: 2676
Merit: 2203
BitcoinPenny.com
Is there a 15 minute grace period? If so, then I bid .48 BTC. IF NOT, then congratulations to Sky.  Wink
legendary
Activity: 3752
Merit: 1415
hero member
Activity: 693
Merit: 500
member
Activity: 77
Merit: 10
legendary
Activity: 1414
Merit: 1077
Current UK time Smiley: http://wwp.greenwichmeantime.com/time-zone/europe/uk/time/

Auction ends at 8pm today so in approximately 12 hours and 27 minutes from this post Wink.
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