... it would be near impossible to 100% counterfeit it.
Exactly.
Topic: pending (Read 10391 times)
Wow what a ridiculous mark up. Someone who has the time and money could likely successfully counterfeit that bar if they so wanted.
Good luck with the sale.
Good luck with the sale.
Well that would make them a dick. They can do all that, but they can't sign the address. Making it "unsuccessful".
Tyvm Smoothie
I presume you mean that since they would have a different address they would not be able to prove the bar is authentic via the address?
You are right that if someone wanted to verify the address the bar has under the hologram to mike's public address list then yes it would be near impossible to 100% counterfeit it.
Price increase to 375 for the 100btc loaded s1 error.
Wow what a ridiculous mark up. Someone who has the time and money could likely successfully counterfeit that bar if they so wanted.
Good luck with the sale.
Good luck with the sale.
Well that would make them a dick. They can do all that, but they can't sign the address. Making it "unsuccessful".
Tyvm Smoothie
How would one sign the address for an unopened casascius coin? Everyone knows the public key, but if you put a fake gold plated bar (easy) with a fake hologram (trickier) it would be almost impossible to tell them apart without providing signed evidence from Caldwell himself (which I imagine there is, but again that verifies the seller, not the bar)
I believe that he was referencing the ridiculous mark up on the opened 500BTC bar which is a 1 of 2 piece which has been passed along a few Bitcoin elites and will stay with Bitcoin elites!
The 100BTC bar is the only one that is unopened and it is priced well with the market.
I never sell bunk or knock off products. I can stand here today and say I am 100% sure these are authentic.
Wow what a ridiculous mark up. Someone who has the time and money could likely successfully counterfeit that bar if they so wanted.
Good luck with the sale.
Good luck with the sale.
Well that would make them a dick. They can do all that, but they can't sign the address. Making it "unsuccessful".
Tyvm Smoothie
How would one sign the address for an unopened casascius coin? Everyone knows the public key, but if you put a fake gold plated bar (easy) with a fake hologram (trickier) it would be almost impossible to tell them apart without providing signed evidence from Caldwell himself (which I imagine there is, but again that verifies the seller, not the bar)
Wow what a ridiculous mark up. Someone who has the time and money could likely successfully counterfeit that bar if they so wanted.
Good luck with the sale.
Good luck with the sale.
Well that would make them a dick. They can do all that, but they can't sign the address. Making it "unsuccessful".
Tyvm Smoothie
Wow what a ridiculous mark up. Someone who has the time and money could likely successfully counterfeit that bar if they so wanted.
Good luck with the sale.
Good luck with the sale.
If any interested parties need a photo update I am more than happy to get one!
Thanks!
Thanks!
Necro bump!
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
This is a TERRIBLE analogy. The paint and canvas comes together to make a rare art, worth $1million. But if I strip off all the paint, are you going to buy just the canvas for $1million?
I'll bow down to you if you can ever sell this paperweight for $1m.
I guess it depends which canvas it is
It its barely even half a million right now for a 1 of 2. Easy peezy
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
This is a TERRIBLE analogy. The paint and canvas comes together to make a rare art, worth $1million. But if I strip off all the paint, are you going to buy just the canvas for $1million?
I'll bow down to you if you can ever sell this paperweight for $1m.
The hologram error and/or the bar itself has a value in USD, not in BTC. I would be interested to know what price BTC/USD was at when someone paid for a 100BTC hologram error series 1 bar for 335BTC.
Will
Will
not sure what you're expecting here. Nobody is going to pay 300 BTC for a 100 BTC bar - the added value of the hologram error is maybe worth 2-3 BTC *at most* (if that) - so a max price of 102 or 103 is far more reasonable. You've already had an offer of 102.5, maybe you should take that and accept the 2.5 BTC profit.
Will
Will
102.5 is far too low. An unredeemed bar carries far more value than a redeemed bar (not counting contents). IF redeemed 100BTC bar went for ~2.5BTC than an unredeemed should be capable of going for far more - perhaps 120BTC.
Mine is just for cold storage, conceived with a blank slate and remains so..I wouldn't ask for even close to this much. heh
that asking price for something empty seems ridiculous to me
not sure what you're expecting here. Nobody is going to pay 300 BTC for a 100 BTC bar - the added value of the hologram error is maybe worth 2-3 BTC *at most* (if that) - so a max price of 102 or 103 is far more reasonable. You've already had an offer of 102.5, maybe you should take that and accept the 2.5 BTC profit.
Will
Will
my client has already made a sale of a series 1 hologram error for over 335btc.
I do sympathize with what you're saying though, but he is in no hurry to sell these and is happy to hand them down to his family
not sure what you're expecting here. Nobody is going to pay 300 BTC for a 100 BTC bar - the added value of the hologram error is maybe worth 2-3 BTC *at most* (if that) - so a max price of 102 or 103 is far more reasonable. You've already had an offer of 102.5, maybe you should take that and accept the 2.5 BTC profit.
Will
Will
I saw this as the auction was running.
Prices updated and forwarding all offers on the 500BTC to the owner!
Thank you
Sure man. Just know that these two bars are not in SF, but I am happy to take you out to lunch if you get some free time.
I know of a 100BTC s2 that is on the market over in the DC area too. Much cheaper, but not a s1 hologram error. 100BTC is 100BTC to most people unless you are trying to collect.
I know of a 100BTC s2 that is on the market over in the DC area too. Much cheaper, but not a s1 hologram error. 100BTC is 100BTC to most people unless you are trying to collect.
Missed placed you number can you pm it to me again I'm gonna be I'm you neck of the woods in a week or so
100 BTC redeemed bar went for around 1000 USD on ebay:
http://cgi.ebay.com/271333093833
so the 100 loaded bar can't be worth more than around 101 or 102 BTC. At that price, I might be interested. PM me if you want to discuss further.
Will
http://cgi.ebay.com/271333093833
so the 100 loaded bar can't be worth more than around 101 or 102 BTC. At that price, I might be interested. PM me if you want to discuss further.
Will
I believe Mike was selling bars just like this for those prices right up until he stopped. This however is not one of those bars.
A 100 bitcoin bar would have a face value of ~$95,000. Given that much money at stake, I would require proof that the hologram sticker hadn't been tampered with... I don't understand why anyone would have that level of confidence in such flimsey security. It has been demonstrated that Casascius holograms, while tamper-resistent, are not tamper-proof. $95,000 is a pretty big incentive for a lot of thieves.
I'll take the funded 100 btc bar for 102.5 BTC
100 BTC redeemed bar went for around 1000 USD on ebay:
http://cgi.ebay.com/271333093833
so the 100 loaded bar can't be worth more than around 101 or 102 BTC. At that price, I might be interested. PM me if you want to discuss further.
Will
http://cgi.ebay.com/271333093833
so the 100 loaded bar can't be worth more than around 101 or 102 BTC. At that price, I might be interested. PM me if you want to discuss further.
Will
IMO, 10 BTC is a hugely inflated price for an empty bar. However, that is approximately what a 1,000 BTC empty bar sold on ebay.... so I guess that's the going rate. Yes, this guy is trying to say that an empty, gold plated bar is worth 100 times that.
It's common for collectors to over-value their goods.
It's common for collectors to over-value their goods.
i imagine it only sold for that value as it was a tax write off / donation....unless i am mixing two auctions up
No, it was the same auction. I agree, i think that it would have been a lot less if it wasn't going to charity and coming directly from Mike himself
IMO, 10 BTC is a hugely inflated price for an empty bar. However, that is approximately what a 1,000 BTC empty bar sold on ebay.... so I guess that's the going rate. Yes, this guy is trying to say that an empty, gold plated bar is worth 100 times that.
It's common for collectors to over-value their goods.
It's common for collectors to over-value their goods.
i imagine it only sold for that value as it was a tax write off / donation....unless i am mixing two auctions up
Are they asking 10 or 100 times what some think it's worth? I'm sure some here would love to get it if it was super cheap, but then again it's supply and demand. All silver ones sound good since plated things often regarded as cheap I think.
IMO, 10 BTC is a hugely inflated price for an empty bar. However, that is approximately what a 1,000 BTC empty bar sold on ebay.... so I guess that's the going rate. Yes, this guy is trying to say that an empty, gold plated bar is worth 100 times that.It's common for collectors to over-value their goods.
Are they asking 10 or 100 times what some think it's worth? I'm sure some here would love to get it if it was super cheap, but then again it's supply and demand. All silver ones sound good since plated things often regarded as cheap I think.
1,100 btc for an empty 500btc bar is absurd, no one in their right mind would buy that.
So an empty 1000 bar sold for about 10btc and your client wants 1,100btc for a 500 bar, lmao what a joke, tell the guy to wake up.
So an empty 1000 bar sold for about 10btc and your client wants 1,100btc for a 500 bar, lmao what a joke, tell the guy to wake up.
It is totally fine to take large sums of cash on domestic flights. It is just on international flights you have to declare what you have.
This isn't entirely true, you may want to do some research. While it is in theory legal to do so, there have been several reports over the last 5 years of money being confiscated on domestic flights from businessmen, gamblers, etc. and then they have to go through a very long and uncomfortable process to get it back.
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
A redeemed Casascius bar is not "rare art".
By the numbers most people would consider this rare. 1 of 2. While I find the price high I can not argue with the rareness.
I don't know how to say this without sounding like a dick, but the price of this item is 100% based on what my client wants for it
seeing that he is the only one in the whole world with this item! There is only one 500BTC redeemed gold bar. If it doesn't sell I imagine he is totally happy keeping it in the secure locations that it is in and passing it as a family treasure.The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
A redeemed Casascius bar is not "rare art".
By the numbers most people would consider this rare. 1 of 2. While I find the price high I can not argue with the rareness.
I don't know how to say this without sounding like a dick, but the price of this item is 100% based on what my client wants for it
seeing that he is the only one in the whole world with this item! There is only one 500BTC redeemed gold bar. If it doesn't sell I imagine he is totally happy keeping it in the secure locations that it is in and passing it as a family treasure.Which is what will happen as no-one is going to pay 1100BTC for it. Nice thing to own though, hope he/she enjoys it
I'm confused by some of the replies in this thread. Wouldn't most of you, particularly the guy, not BAC, who's a coin seller WANT this to sell for as much as possible as it would help his business out too? Wouldn't that not only set a market price but help further legitimize the collectibles market?
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
A redeemed Casascius bar is not "rare art".
By the numbers most people would consider this rare. 1 of 2. While I find the price high I can not argue with the rareness.
I don't know how to say this without sounding like a dick, but the price of this item is 100% based on what my client wants for it
seeing that he is the only one in the whole world with this item! There is only one 500BTC redeemed gold bar. If it doesn't sell I imagine he is totally happy keeping it in the secure locations that it is in and passing it as a family treasure. The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
A redeemed Casascius bar is not "rare art".
By the numbers most people would consider this rare. 1 of 2. While I find the price high I can not argue with the rareness.
http://www.ebay.com/itm/171207044206
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Looks like you must have missed it when I linked to it.
Rofl my bad! Same goes to you
Thank you very much. I am totally stoked to have a opportunity to broker a couple of these coins.
Trying to work out how best to deliver the coin and honestly I'm kind of drawing a bit of a blank. Is there any members that are very trusted who would be interested in insuring the value of the BTC bar during transportation? This can totally be through JohnK.
Here is what I am worried about:
If buyer A escrows the money with escrow agent B and seller C issues the bar to myself. I get on my Delta flight and the fucking plane crashes with the bar and I on it. I am worried about how the escrow agent would handle this.... I am going to call Lloyds of London (www.lloyds.com) as soon as I can, but I figured I would ask here first. I'm sure there are a million different bull shit regulations that has to do with this and I am not interested in reading it
Thanks guys
Edit:
Best thought I have had is to get a life insurance plan naming the seller the beneficiary... but I really would rather pay someone some BTC on a successful trip rather than fucking get poked with a needle! (But I will if need be I guess)
I would suggest that if someone is going to pay that much money they would probably come to you. I would anyway
For sure, but lets say Vladimir Putin wants to buy it for his teenage son (I don't know if he has a son.) I am sure he could pay someone to fly out to America, get the bar and then fly home to Russia. What if the son doesn't like it? Now he has to pay for someone to do it all over again! With me taking the bar as long as the funds are in a safe place for my client to receive the fund then if the buyer sees the bar and decides they don't want it I can happily issue a refund minus expenses.
I would much rather the person comes to us because then I can pick them up from the Airport knowing that TSA has already checked out the dicks and everything
I am actually happy to do the deal on the inside of the security! This means I would have to by a plane ticket and go through security at the airport. It is totally fine to take large sums of cash on domestic flights. It is just on international flights you have to declare what you have.
I charge $60 a hour counting the cash you bring. The first hour is free though of course
Edit:
Bitcoins are obviously preferred.
http://www.ebay.com/itm/171207044206
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Looks like you must have missed it when I linked to it.
Rofl my bad! Same goes to you
Thank you very much. I am totally stoked to have a opportunity to broker a couple of these coins.
Trying to work out how best to deliver the coin and honestly I'm kind of drawing a bit of a blank. Is there any members that are very trusted who would be interested in insuring the value of the BTC bar during transportation? This can totally be through JohnK.
Here is what I am worried about:
If buyer A escrows the money with escrow agent B and seller C issues the bar to myself. I get on my Delta flight and the fucking plane crashes with the bar and I on it. I am worried about how the escrow agent would handle this.... I am going to call Lloyds of London (www.lloyds.com) as soon as I can, but I figured I would ask here first. I'm sure there are a million different bull shit regulations that has to do with this and I am not interested in reading it
Thanks guys
Edit:
Best thought I have had is to get a life insurance plan naming the seller the beneficiary... but I really would rather pay someone some BTC on a successful trip rather than fucking get poked with a needle! (But I will if need be I guess)
I would suggest that if someone is going to pay that much money they would probably come to you. I would anyway
http://www.ebay.com/itm/171207044206
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Looks like you must have missed it when I linked to it.
Rofl my bad! Same goes to you
Thank you very much. I am totally stoked to have a opportunity to broker a couple of these coins.
Trying to work out how best to deliver the coin and honestly I'm kind of drawing a bit of a blank. Is there any members that are very trusted who would be interested in insuring the value of the BTC bar during transportation? This can totally be through JohnK.
Here is what I am worried about:
If buyer A escrows the money with escrow agent B and seller C issues the bar to myself. I get on my Delta flight and the fucking plane crashes with the bar and I on it. I am worried about how the escrow agent would handle this.... I am going to call Lloyds of London (www.lloyds.com) as soon as I can, but I figured I would ask here first. I'm sure there are a million different bull shit regulations that has to do with this and I am not interested in reading it
Thanks guys
Edit:
Best thought I have had is to get a life insurance plan naming the seller the beneficiary... but I really would rather pay someone some BTC on a successful trip rather than fucking get poked with a needle! (But I will if need be I guess)
http://www.ebay.com/itm/171207044206
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Looks like you must have missed it when I linked to it.
Here is a little guidance on price.....
A redeemed 1000 BTC bar sold for $8600, at the moment somewhere around 10 BTC.
http://www.ebay.com/itm/Casascius-2011-Gold-Plated-Bitcoin-Bar-1000-BTC-Redeemed-/171207044206?pt=US_World_Coins&hash=item27dcbc2c6e
Thanks for the information.A redeemed 1000 BTC bar sold for $8600, at the moment somewhere around 10 BTC.
http://www.ebay.com/itm/Casascius-2011-Gold-Plated-Bitcoin-Bar-1000-BTC-Redeemed-/171207044206?pt=US_World_Coins&hash=item27dcbc2c6e
That is still much higher than I expected for a redeemed token.
Thank you very much Littleshop! If you have a dogecoin wallet I would sure tip you
Here is a little guidance on price.....
A redeemed 1000 BTC bar sold for $8600, at the moment somewhere around 10 BTC.
http://www.ebay.com/itm/Casascius-2011-Gold-Plated-Bitcoin-Bar-1000-BTC-Redeemed-/171207044206?pt=US_World_Coins&hash=item27dcbc2c6e
Thanks for the information.A redeemed 1000 BTC bar sold for $8600, at the moment somewhere around 10 BTC.
http://www.ebay.com/itm/Casascius-2011-Gold-Plated-Bitcoin-Bar-1000-BTC-Redeemed-/171207044206?pt=US_World_Coins&hash=item27dcbc2c6e
That is still much higher than I expected for a redeemed token.
Perhaps you may find a buyer at that price if the bar was still loaded, but this is just crazy.
Best of lunch anyway.
Best of lunch anyway.
should also point out that was for a legit charity which would explain the price and for legit charity's you get a tax break...
True, and sold by Casascius himself as well. So maybe that inflated the price further.
should also point out that was for a legit charity which would explain the price and for legit charity's you get a tax break...
Here is a little guidance on price.....
A redeemed 1000 BTC bar sold for $8600, at the moment somewhere around 10 BTC.
http://www.ebay.com/itm/Casascius-2011-Gold-Plated-Bitcoin-Bar-1000-BTC-Redeemed-/171207044206?pt=US_World_Coins&hash=item27dcbc2c6e
A redeemed 1000 BTC bar sold for $8600, at the moment somewhere around 10 BTC.
http://www.ebay.com/itm/Casascius-2011-Gold-Plated-Bitcoin-Bar-1000-BTC-Redeemed-/171207044206?pt=US_World_Coins&hash=item27dcbc2c6e
I offer 2 Klyecascius Sparklecoins (2/2 ever made) for both pieces.
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
A redeemed Casascius bar is not "rare art".
By the numbers most people would consider this rare. 1 of 2. While I find the price high I can not argue with the rareness.
I doubt that he could get over 1 bitcoin for that redeemed bar. That would still be a very expensive paperweight.
Want to make a bet with escrow?
http://www.ebay.com/itm/171207044206
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
Not as rare but still a decent price. Based on this (remember this was auctioned for charity so would make a higher price), i would say the 500 redeemed is maybe worth 10k. 1100BTC (or anything close to it), is insane
so the btc have been redeemed?
Then 100BTC bar is loaded still.
The 500BTC bar has been redeemed.
Thanks for asking
thats what i was trying to figure out why would someone pay that much for an empty coin and a gold plated one at that .. no btc means it would be more or less a paper weight ...
i have a few challenge coins from the military does that make them as valuable as only a few are ever handed out??
I am 100% sure he would get over 1.
Please explain to me why anyone would pay money for a redeemed Casascius token. I don't get it.
so the btc have been redeemed?
Then 100BTC bar is loaded still.
The 500BTC bar has been redeemed.
Thanks for asking
thats what i was trying to figure out why would someone pay that much for an empty coin and a gold plated one at that .. no btc means it would be more or less a paper weight ...
i have a few challenge coins from the military does that make them as valuable as only a few are ever handed out??
I am 100% sure he would get over 1.
so the btc have been redeemed?
Then 100BTC bar is loaded still.
The 500BTC bar has been redeemed.
Thanks for asking
thats what i was trying to figure out why would someone pay that much for an empty coin and a gold plated one at that .. no btc means it would be more or less a paper weight ...
i have a few challenge coins from the military does that make them as valuable as only a few are ever handed out??
so the btc have been redeemed?
Then 100BTC bar is loaded still.
The 500BTC bar has been redeemed.
Thanks for asking
thats what i was trying to figure out why would someone pay that much for an empty coin and a gold plated one at that .. no btc means it would be more or less a paper weight ...
i have a few challenge coins from the military does that make them as valuable as only a few are ever handed out??
Very interesting. As a collector I think the price is way too high also. Still keeping my eye on this....
I would be very wary of purchasing anything that is protected only by a hologram sticker.
These prices are absurd. For one million dollars, there are plenty of thieves that would go to great lengths to counterfeit hologram stickers. For those prices, the bearer bars themselves would be easy to counterfeit.
These prices are absurd. For one million dollars, there are plenty of thieves that would go to great lengths to counterfeit hologram stickers. For those prices, the bearer bars themselves would be easy to counterfeit.
Have to be one bold ass thief selling a plated gold bar that didn't have any BTC on it for 1,100BTC. Bitcoin was once worthless all the way to being worth over $1000. This might not be the item for you guys, but I can promise you there is someone out there who would like this item. Call the world record book because this might be the most expensive paper weight on the market, but I do think it has value.
Also I can assure you this isn't counterfeit and why would a criminal knock off something there is only 2 of in the whole world. That means a collector only has to know 1 other one or own 2 things and any other 500BTC bar in the world could be spotted as a fake.
Thanks is like trying to sell a 1/1 painting in a museum in France to an American museum. LoL This item is "counterfeit proof" per say. If you think the price is bad then go buy a different redeemed 500BTC bar
But, counterfeiting aside, One million dollars is a ridiculous price for a redeemed bar. I've seen redeemed 100 BTC bars on ebay selling for less than $200. That was a few months ago. I don't think the prices have escalated that much in a few months.
I don't doubt that Casascius tokens are collectible...
There is a demand... i's just that your perception of their value is grossly inflated.
I would be very wary of purchasing anything that is protected only by a hologram sticker.
These prices are absurd. For one million dollars, there are plenty of thieves that would go to great lengths to counterfeit hologram stickers. For those prices, the bearer bars themselves would be easy to counterfeit.
These prices are absurd. For one million dollars, there are plenty of thieves that would go to great lengths to counterfeit hologram stickers. For those prices, the bearer bars themselves would be easy to counterfeit.
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
Kinda like saying who would pay for rare art is only paint and canvas. There is only one other 500BTC bar out there besides this one.
A redeemed Casascius bar is not "rare art".
The 500BTC bar has been redeemed.
who in their right minds would pay $1m for an empty bar?
so the btc have been redeemed?
How the hell did you get your hands on that? 
Shiny
Shiny
pending
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