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Topic: My loaded 100 BTC Casascius Bearer Bar - page 6. (Read 14350 times)

legendary
Activity: 3752
Merit: 1415
April 16, 2018, 08:00:22 AM
#24
I hate to say it but if you want the funds i would just say peel it.  To find anyone willing to pay over bitcoin spot and the rest of the shitcoins on there will be close to impossible.  Also the logistics in arranging a proper secure transaction will be quite difficult as well.  I appreciate your not wanting to peel yet another bar is commendable but might be your only option.

What i would do is call all the bigtime auction houses and see if its something they want to touch.  Bitcoin is now know in financial circles and at least you wont get "huh?!?" as a response.  Id be interested in hearing auction house stance on 3rd party loaded bitcoin products.
full member
Activity: 504
Merit: 185
April 16, 2018, 07:35:14 AM
#23
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

you could go into a partnership agreement with an investment group

example A the investment group purchases 66% agreeing the value of (BTC + numismatic) comes to 125 BTC and or $1,000,000 fiat. you get $660k and retain 34% ownership. The bar is retained in Wells Fargo vault ( or what ever group buys in) and is insured. IG pays all fees and the property cant be sold or peeled for five years at which time it would be voted on 1 btc = 1 vote

example B private investors purchase 10% at 12.5 btc a piece until you sell the % you want. Then placing the bar in escrow with a fee paid by all for by all depending on ownership you could have the same agreement and time frame.  Viewing of the bar would require at least two investors and one bank rep at any time during investment period. Any one selling their portion would have to pay all cost associated with transfer of ownership.  

Who's gonna escrow this? Blazed doesn't beleive in using safety deposit boxes. This sounds like more hassle than it is worth.

AND then viewing the bar requires 2 investors, so 2 people can walk out with a 100 btc bar and scam everyone else
sr. member
Activity: 845
Merit: 267
April 16, 2018, 07:04:11 AM
#22
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.

you could go into a partnership agreement with an investment group

example A the investment group purchases 66% agreeing the value of (BTC + numismatic) comes to 125 BTC and or $1,000,000 fiat. you get $660k and retain 34% ownership. The bar is retained in Wells Fargo vault ( or what ever group buys in) and is insured. IG pays all fees and the property cant be sold or peeled for five years at which time it would be voted on 1 btc = 1 vote

example B private investors purchase 10% at 12.5 btc a piece until you sell the % you want. Then placing the bar in escrow with a fee paid by all for by all depending on ownership you could have the same agreement and time frame.  Viewing of the bar would require at least two investors and one bank rep at any time during investment period. Any one selling their portion would have to pay all cost associated with transfer of ownership. 
sr. member
Activity: 1792
Merit: 441
April 16, 2018, 04:35:29 AM
#21
Way out of my price range, good luck Smiley
legendary
Activity: 2828
Merit: 1222
Just looking for peace
April 16, 2018, 12:59:22 AM
#20
I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6




wow that's a beauty  Shocked Shocked

funded on last day of February 2012 Cheesy

the 110 btc offer seems fair to me as if counting the forks, the total value of forks is around 10 btc more or less

Good luck on the sale! really wish i could buy one Tongue
hero member
Activity: 896
Merit: 508
April 15, 2018, 06:26:02 PM
#19
I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6


It's resting on a Bitcoin Suisse AG 10Bitcoin note  Grin
full member
Activity: 249
Merit: 114
Who is John Galt?
April 15, 2018, 06:20:02 PM
#18
I don't have any good pictures of it. It is in my safe deposit box. Here is a cropped image of the box's inventory. Bonus points if you can identify what it is resting on.

https://drive.google.com/open?id=1HuKI6C4hBZ0fVLdskCp0x3sKtZVmKFA6

hero member
Activity: 896
Merit: 508
April 15, 2018, 04:37:17 PM
#17
I would be ready to buy it for 110BTC before you peel this beautiful piece of art. All the post fork coins add up to about that face value.
legendary
Activity: 1806
Merit: 1164
April 15, 2018, 02:55:42 PM
#16
I defer to the Casascius experts here but I know early Casascius coins used the minikey private key format. You can't sweep minikeys into most bitcoin wallets, but I believe you can with latest Electrum. Minikeys are 30 characters whilst standard keys are 51 characters.

Get expert advice before proceeding but you could buy a Trezor and after initializing use it with latest Electrum instead of trezor.io and possibly successfully sweep your 100 bitcoin to a new Trezor address. This would give you a way to spend your bitcoin if you decide to peel. Handling the fork coins is more problematic. You could also reach out to Tim Draper or the Winklevoss twins at Gemini to try to arrange a sale.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
April 15, 2018, 02:05:18 PM
#15
Last time I looked the peel value on something like this was around 125 BTC because of all the forks. It will be hard to find someone willing to take all the risks involved with paying that sort of premium. Amazing that you’ve held it this long. Congratulations! I hope you get a great outcome from it.

The fork thing still fascinates me with these. I've seen many a potential buyer refusing to include their value in any bids as if the seller will be delighted to throw money away to pander to their dislikes.

And I know they may well dwindle to nothing. Again, future speculation is not the seller's problem.

If it were me I'd peel this bitch, but it's a good job I don't have a great deal of Casascius products for the sake of their survival.


copper member
Activity: 2898
Merit: 1465
Clueless!
April 15, 2018, 01:59:46 PM
#14
so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it Smiley Stick it in a safety deposit box...
(man, there are worse problems to have but yours...indeed!)

I do keep it in a safe deposit box, but here's the real problem: It doesn't make sense for me to own such a valuable item that just sits in a safe deposit box. I would rather have the BTC in a wallet so that I can spend it if I need to.

This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.

Well, that is the catch, you move it to a wallet...I assume it has the private key on a wallet on the secret tab....thus it is a 'big paper wallet' with weight

If indeed you want to move coin..you would have to look at that address etc hidden on this brick as such (I assume) and just move the works that way

to a trezor or a paper wallet...you likely WOULD have to IMPORT it as a paper wallet first (maybe others on here can give better advice)

but again, I have btc in a paper wallet in a safety deposit box ..so I WON'T spend it

anyway, yeah you want to spend it you have to move it or if it acts like a paper wallet IMPORT it into something you can move coin in/out easy

(me, I'm in denial..I just HODL)

So PRETTY!







legendary
Activity: 1806
Merit: 1164
April 15, 2018, 12:48:03 PM
#13
@Fattcatt it is in Ahonen's Encyclopedia if you don't have here are some photos.
sr. member
Activity: 1928
Merit: 354
April 15, 2018, 12:45:56 PM
#12
I wanna seeee  I wanna seeeeeee phhhhhleeeeease?  Grin
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
April 15, 2018, 07:00:46 AM
#11
Sending you PM
sr. member
Activity: 588
Merit: 250
Crypto is Life!
full member
Activity: 249
Merit: 114
Who is John Galt?
April 15, 2018, 02:40:03 AM
#9
so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it Smiley Stick it in a safety deposit box...
(man, there are worse problems to have but yours...indeed!)

I do keep it in a safe deposit box, but here's the real problem: It doesn't make sense for me to own such a valuable item that just sits in a safe deposit box. I would rather have the BTC in a wallet so that I can spend it if I need to.

This is something that someone like Tim Draper or the Winklevoss twins, or even a few people on Bitcointalk, would own. They have thousands of BTC, so owning a bar worth 100+ BTC would make sense.
copper member
Activity: 2898
Merit: 1465
Clueless!
April 15, 2018, 01:58:43 AM
#8
Many years ago, I bought a loaded 100 BTC Casascius Bearer Bar. Now, its value has gone up so much that I no longer feel comfortable holding it.

The first bits are 1Gop7ok6. It is version 2. I don't have any good pictures but I will take some if there is interest.

I don't want to peel it, but I don't know anyone that can afford to buy it. Is there anyone here might be interested in buying it?

Some stats from uberbills:

143 100 BTC Bearer Bars were made.
91 have been peeled.
11 were opened last year.
1 has been opened so far this year.
There are only 52 left (12 are v1 and 40 are v2).

Also, 1344 Casascius coins and bars were opened last year. 357 have been opened since the beginning of this year. They are getting more and more scarce.


so if you believe in HODL it is just a 'heavy' paper wallet with a private key on it Smiley Stick it in a safety deposit box...

(man, there are worse problems to have but yours...indeed!)


full member
Activity: 504
Merit: 185
April 15, 2018, 01:52:32 AM
#7
Your best bet is to reach out to Greenplastic or otoh. They are the only people I believe that can make a deal with you.

or I could do a payment plan over 100 years Tongue

What about theymos or blazed?!
legendary
Activity: 2828
Merit: 1222
Just looking for peace
April 15, 2018, 12:37:41 AM
#6
I can buy it at 10 btc

you mean 10 btc premium?

sr. member
Activity: 588
Merit: 250
Crypto is Life!
April 15, 2018, 12:02:15 AM
#5
I can buy it at 10 btc
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