I'm asking a premium around 10BTC. I will consider all offers received before Thursday. Collectors should appreciate the original purchase price for the 5BTC was 6.43 BTC. In this sense, it is worth 1.43BTC for the coin alone. I believe an unloaded coin has collectable value >2x, but the numismatic value is just being realized by collectors—we will see.
Here is a timestamped twitter post I made for historical confidence: https://twitter.com/hovden/status/405861216276324354?s=20
There are few coins this well documented.
Why open: If what I feel is a fair value is not realized, I want to develop educational content. For the mainstream, it will be an opportunity to talk about intrinsic and extrinsic value placed on objects and currency, and a brief discussion of new monetary technology offered by cryptocurrency. For the crypto community, it will be the only high-denomination and high-quality video content of a Casascius coin being redeemed (to date). I'm open to hear your ideas.
If sold I will roll resources into some other offbeat educational effort, possibly hire summer students to produce interesting videos. The COVID situation has shifted part of my focus toward experience in digital educational content.
Regards.
You're quite far off in your thoughts on premium here. We have quite a few resources including the search bar that you can search for Casascius coins (tenths, halves, 1, 5, 10 , and 25s) and see recent premiums. Someone with a little more time today can probably pull up recent Casascius sales to give you a better understanding of what you may be able to achieve in premium on this coin. Fair market price is oftentimes realized right here on the Collectibles board. Here is a timestamped twitter post I made for historical confidence: https://twitter.com/hovden/status/405861216276324354?s=20
There are few coins this well documented.
Why open: If what I feel is a fair value is not realized, I want to develop educational content. For the mainstream, it will be an opportunity to talk about intrinsic and extrinsic value placed on objects and currency, and a brief discussion of new monetary technology offered by cryptocurrency. For the crypto community, it will be the only high-denomination and high-quality video content of a Casascius coin being redeemed (to date). I'm open to hear your ideas.
If sold I will roll resources into some other offbeat educational effort, possibly hire summer students to produce interesting videos. The COVID situation has shifted part of my focus toward experience in digital educational content.
Regards.
A rich billionaire with no idea how bitcoin works but wants something shiny and "old" in bitcoin terms might blindly pay 10BTC but that would be like fishing in your bathtub and expecting to catch a blue marlin.
However your experience goes here I will be sure to watch your cracking/peeling as I have yet to see a 5 peeled. Good luck.
