Topic: [Photo] First of 2013 Casascius Silver Coins Now Available For Sale (Read 15891 times)

I think so

And mybe start a "coin funding spin off company" elsewhere

edit: this company could publish a list of funded coins. In that way, only funded coins sold by Casacius and funded through this spin off company are legit

Its worth putting here that the 2013 gold-plated silver coins are LARGER than 39mm. the cases included with the coins direct from Mike do not fit the coins, at least not without using a lot of pressure and 4/5 coin cases cracking under the pressure either immediately or up to a minute after putting it to the side.

the coins must be slightly larger than 39mm due to the gold plating, maybe 39.02mm?

This

Yes I could never afford your coins in the past (or much else to be honest) but now that I can afford them, the fed gov't starts harassing you (and by extension the entire bitcoin community in general) and of course you cannot accept new orders.

And "harrassing" is an understatement of course, as it is more like "persecuting". 

I'm glad you have made nice profits on your product and by the listings on ebay, the buyers have gotten good value for their money and could sell for a profit themselves. 

Anyway if you did ever setup a BTC address for donations to your legal fund, I would certainly contribute but glad to hear you are hanging in there and hopefully you will prevail.   

Just hire an army of lawyers and lobbyists and keep pressing their buttons.  If these 'people' don't learn now they never will.

#2


whis is obv why they're doing it in the first place

might be an issue to find a buyer where they can't see what they would be buying.

Can you please not give my identity to the fincen or anyone else for that matter?

I am curious what some opinions are, regarding 'new'/'mint' condition coins and keeping them that way.

Casascius ships in a nice hard plastic coinholder, vacuum sealed in plastic with a tag identifying the lot/roll #. I am cautious to cut open this plastic, as part of me beleives that an unopened roll of coins could hold more collectors value than the 20 beautiful coins in individual cases might. Is this reasonable, or would it make more sense to 'handle' the coins and transfer them to individual airtites?

Counter-point: in a brand-new sealed roll, the coin condition is unknown. I have full faith in Mike, but there is a small chance a coin is terribly deformed within the roll unbeknownst to the buyer or collector. By moving the coins to individual holders, each coin can be viewed or graded.

Any thoughts? Part of me beleives that the coins could fetch more attention or value individually (or as a set of 20 individually sealed coins), while the other half thinks that the original packaging could add significant value, as there are likely very few rolls still sealed in the original vacuum bag.

ps: i assume it may not be hard for someone to find the same style of vacuum-packaging and mimic this, unless there is something unique to Mike's methodology?
pps: to handle, gloves would of course be used.

Would love opinions from anyone who has dealt with these coins or has experience in numismatics collecting.

From what I remember Mike saying at the conference, cius = "cool sounding latin suffix".

CASASCIUS

Calling A Spade A Spade Cuz I Understand Shit (since I don't actually know what the "cius" stands for).

 

Good luck on your legal fight, friend.

Just wanted to take a moment to clear the air before I stop cluttering up this thread (and before more people start thinking I'm a boorish cad).

• Mike has delivered above and beyond on his promise to provide signed documents, as he in fact followed up with a second set of signed documents after another method of digital signing was made available to him. This was mentioned in another thread, but not here, and I apologize for not following up here after my issue was resolved.
• I really do like my coins, they're beautiful and I don't regret buying them.
• I paid a premium (above the btc+silver cost) of roughly $70 per coin. Sure, minting coins isn't free, but even at a $20 per coin minting fee (this is crazy), that's a $50 profit per coin. That equals $1600 or 16 BTC at the time of purchase. I can't imagine that Mike cashes out all of these profits to USD. I apologize if my choice of words offended you, but I was simply calling a spade a spade. I was entitled to precisely what was offered, which was a set of documents.
• This bears repeating -- I don't begrudge Mike the premium he charged on his coins. I really do like my coins, they're beautiful and I don't regret buying them.
• Apology accepted, if indeed it was directed towards me.

In retrospect, I suppose I was personally enriching his *legal fund* to the tune of several thousand dollars.

I, like many others, will be eagerly awaiting news of developments in this witch-hunt, and sincerely hope that Mike gets through this intact.

Fair enough. Just that line about "personally enriching" you sent me off. Apologies...

Dude, he is cool, he was frustrated, understandably so. His concern was resolved and he acknowledges as much. I would be aggravated if I thought someone was taking 3 months to do something I felt should be done much sooner.  This happens to all of us.

Seriously, the entitlement that you exhibit amazes me. You act as if you were doing Mike a favor buying his product and now he owes you something. He has graciously offered to provide proof of purchase without compensation and you chastise him like he's your house butler. Well m'lord, I wouldn't blame him if he scrapped the whole thing out of frustration or added a fee - this kind of bookwork does take time out of his day, after all.

I can only imagine his relief that you will no longer be dealing with him, as people like you probably monopolize a disproportionate amount of time compared to most customers.  Of course, Mike's famous courtesy in the face of boorishness comes through as always. Luckily, my disposition is nowhere near as sterling: You, sir, are a cad.

As for a legal fund, the well-deserved thanks can go to those who have bought my coins.  I believe I am decently equipped to engage in a constructive effort.

I am genuinely sorry, although I'm sure you're prepared. You've also got truth and logic on your side, although certain government agencies are highly resistant to both.

If you find yourself in need of a legal fund, I'm sure you'd find a lot of support on this forum.

dafuq.

Yes, no problem on any orders I have accepted thus far.

Just wondering if pending orders will still be shipped?
Thanks