I'm wondering how you came to the conclusion of "They all look like they have been graded." ?
Do you have a picture of the graded coins that the individual shared? It should be extremely obvious if they are graded and please keep in mind that grading costs nearly $20 per coin so if they are trying to offload 10 coins that have been graded for just face value, they are literally giving you ~$200 of value for nothing.
Topic: Tips from people with Cascasious coins (Read 1258 times)
LEL.
What if the slabs are fake? I could fetch a list of a few dozen valid ANACS certs right now from this forum.
Why is someone selling SLABBED coins at face value?
None of this adds up, OP is troll or OP's seller is troll
What if the slabs are fake? I could fetch a list of a few dozen valid ANACS certs right now from this forum.
Why is someone selling SLABBED coins at face value?
None of this adds up, OP is troll or OP's seller is troll
nubbins, take a deep breath. You aren't related to this person, are you?
http://www.hulu.com/watch/68225
I don't think I'm literally mentally retarded, but maybe figuratively I am. And no, I have no reason to troll.
Who knows, maybe I'll get ripped off. Or worse. But, a former college buddy always used to say, no balls, no baby.
If/when I meet her, I will let everyone know what I got. Yes, it could be a bunch of bs. But I like the story so far
I really don't think this is legit. Maybe you're super lucky, but being realistic I'd say you can just tell them how to redeem their coins. I wouldn't get involved, even if it does seem like a good idea.
I'd say it's not impossible, but highly unlikely that this is legit.
I'd say it's not impossible, but highly unlikely that this is legit.
LEL.
What if the slabs are fake? I could fetch a list of a few dozen valid ANACS certs right now from this forum.
Why is someone selling SLABBED coins at face value?
None of this adds up, OP is troll or OP's seller is troll
What if the slabs are fake? I could fetch a list of a few dozen valid ANACS certs right now from this forum.
Why is someone selling SLABBED coins at face value?
None of this adds up, OP is troll or OP's seller is troll
Don't open the slab.
Were the coins graded by ANACS? If so, then the slab will have an ID number on the back, and you can look up the ID number on the ANACS website HERE. That'll tell you if it was a legitimate grading (date of grading, etc). If the grading was legitimate (and long enough ago), then the possibility of a counterfeit coin is pretty slim, in my opinion.
What does the ANACS website say?
Me
Were the coins graded by ANACS? If so, then the slab will have an ID number on the back, and you can look up the ID number on the ANACS website HERE. That'll tell you if it was a legitimate grading (date of grading, etc). If the grading was legitimate (and long enough ago), then the possibility of a counterfeit coin is pretty slim, in my opinion.
What does the ANACS website say?
Me
Okay, I have a question when I meet up with the person How do I open a slab? They all look like they have been graded. Sorry, newbie question.
The coins that you may be buying could've been purchased by someone long ago who only thinks of them as interesting trinkets, worth little more than the BTC stored in them. If they don't follow the collectibles market, then they'd have no clue as to the actual collector value. (And I'd wager that at least 90% of all bitcoin enthusiasts do not follow the collectibles market.)
That said, there were counterfeit Casascius stickers a while ago, and a ton of Casascius knockoffs on eBay. (Read a warning from the Casascius blog HERE.)
Perhaps you could snap a few closeups of the coins and post them on here to get opinions on authenticity or evidence of tampering / redemption. I'd guess that if the seller were honest and legitimate, then she wouldn't mind you taking 10-20 minutes to wait on a few opinions. I wouldn't mind, if I were the seller. Buy me a cup of coffee while we wait, and I'm good. But that's me...
Regardless, good luck with your Casascius adventure. I hope it works out. They're awesome little coins!
Regards,
Chris
That said, there were counterfeit Casascius stickers a while ago, and a ton of Casascius knockoffs on eBay. (Read a warning from the Casascius blog HERE.)
Perhaps you could snap a few closeups of the coins and post them on here to get opinions on authenticity or evidence of tampering / redemption. I'd guess that if the seller were honest and legitimate, then she wouldn't mind you taking 10-20 minutes to wait on a few opinions. I wouldn't mind, if I were the seller. Buy me a cup of coffee while we wait, and I'm good. But that's me...
Regardless, good luck with your Casascius adventure. I hope it works out. They're awesome little coins!
Regards,
Chris
At the risk of beating a dead horse, be careful and good luck!
I think there may be a .5 btc brass coin. I guess, that, whenever we do meet, I will choose that, unless anyone has any other suggestions.
My suggestions:
1) Hire a lawyer for an afternoon because doing this inside a police station is literally retarded. Why would you buy thousands of $$ worth of collectibles from a stranger inside a police station?
2) Put some more thought into the fact that you're considering spending thousands of dollars on something you apparently know little to nothing about. Your assertion that the buyer would expect you to peel the 0.1 demonstrates a laughable lack of understanding on your part. Not trying to be rude, but you're obviously a rube when it comes to these coins, and if I can figure that out just from reading a couple of your forum posts, the seller definitely knows you're a rube too.
3) Take some time to think about what you'll do when you're inside a police station with a cop staring at you, and you realize some (or all) of the coins are fake. Will you call the cop's sister out on it? Will you just buy them anyway? If you refuse to buy them, what if the cop says something to you about the amount of cash you're carrying around? What if they try to pressure you into the sale?
Just advice, take it or leave it.
TBH, I think you're going to wind up ripped off, arrested, beaten up, or some combination of the above.
Quote
1) gold-plated date- unknown
I really can't think of a Casascius (coin, could be a bar I suppose) that doesn't have the year on the front so the "date unknown" is a little concerning. I regard to the "gold-plated" maybe it's a 25BTC and she's blind!
If you would like feel free to PM me for my phone number and I can talk you through which coin would be the most cost effective to peel as well as what to look for. I'm not an expert but I have a fair amount of experience with these coins.
At the risk of beating a dead horse, be careful and good luck!
I wrote "date unknown" because the uberbills Casascius Bitcoin Analyzer did not give any date.
So, there are brass and silver coins. There is a .1 btc silver that I could peel away, but I am concerned that, if they are counterfeit, the seller would keep the lowest denomination coin real, because that is what she would expect me to pick.
I think there may be a .5 btc brass coin. I guess, that, whenever we do meet, I will choose that, unless anyone has any other suggestions.
Quote
1) gold-plated date- unknown
I really can't think of a Casascius (coin, could be a bar I suppose) that doesn't have the year on the front so the "date unknown" is a little concerning. I regard to the "gold-plated" maybe it's a 25BTC and she's blind!
If you would like feel free to PM me for my phone number and I can talk you through which coin would be the most cost effective to peel as well as what to look for. I'm not an expert but I have a fair amount of experience with these coins.
At the risk of beating a dead horse, be careful and good luck!
I'd say something fishy is up if she's selling a silver 1BTC at 1BTC. I'd just offer to help her redeem it at this point.
If the gold plated casascius thing happens to be a bar, don't redeem it. Some bars are worth a fair bit.
If the gold plated casascius thing happens to be a bar, don't redeem it. Some bars are worth a fair bit.
Oh....i thought they were all brass. Dont break the silvers...if there is a 2013 brass break that one, then 2012, then 2011 series 2, then silver, then 2011 error. Just my 2 cents on the situation.
If there are multiple years/metal types then you actually might be onto an actual treasure.....
If there are multiple years/metal types then you actually might be onto an actual treasure.....
gold plated 1btc coin?
if its a silver coin why would you open that lol if its not what the hell is gold plated thats 1 btc
if its a silver coin why would you open that lol if its not what the hell is gold plated thats 1 btc
I'd say there is a lot less 2012 brass series for sale here than any casascius silver. But the silver had lower mintage's.
We are meeting at a police station to exchange cash and coins (her brother is a cop).
I lol'd.
At the risk of being dismayed by your answer, approximately what volume of cash/BTC are we talking about here?
Well, Nubbins,
Truth is sometimes stranger than fiction
Either I am getting conned big time, or maybe a little luck is pointed in my way. I hope it’s good luck.
So as to how many btc, well, I gotta keep that secretive. It adds to the story
So I have decided to peel one of them just to keep her honest, and also to break my cherry so to speak. Any advice would be appreciated. I am planning on bringing my mini leatherman knife to get the hologram off.
I wanna thank TookDk, whose gave the advice about looking up the private address on bitadress.org to see if it corresponds to the public key. That should make things pretty easy to verify.
So folks, I gotta open one, and it will be a 1 btc coin. Here are the two choices:
1) gold-plated date- unknown
2) solid brass 2012
Which one do you think I should cut open? Any advice is appreciated.
Thanks guys for the advice and the good luck sent my way
We are meeting at a police station to exchange cash and coins (her brother is a cop).
I lol'd.
At the risk of being dismayed by your answer, approximately what volume of cash/BTC are we talking about here?
Well shit im pulling for you tommy. Dont know about anyone else but ive been waiting for something like this to happen, keep us informed and let us know how it goes.
@Tommy How many coins are approximate talking about?
And good luck from me too.
Thanks Wheelz and TookDk. Tbh, it is making me nervous. we are trying to set up a day and time.
As for the number of coins, it is hard to tell based on the pics, but I counted 8.
As for waiting for something like this to happen, can anybody speak to this? With the idea that this is not a hoax, is this a once every 5, 10 years? Longer?
Might never happen again who knows, guess it all depends on how mainstream bitcoin becomes. Right now i would say the average person still has no clue about it other then the crazy stories that are misreported in the mass news. The longer it stays that way i guess the more it will happen
Even when Casascius sold them they were sold for above face value to cover costs. Depending on the coin, you could buy them today and sell them here for more than double face value in a heart beat. That's easy money.
Well shit im pulling for you tommy. Dont know about anyone else but ive been waiting for something like this to happen, keep us informed and let us know how it goes.
@Tommy How many coins are approximate talking about?
And good luck from me too.
Thanks Wheelz and TookDk. Tbh, it is making me nervous. we are trying to set up a day and time.
As for the number of coins, it is hard to tell based on the pics, but I counted 8.
As for waiting for something like this to happen, can anybody speak to this? With the idea that this is not a hoax, is this a once every 5, 10 years? Longer?
Well shit im pulling for you tommy. Dont know about anyone else but ive been waiting for something like this to happen, keep us informed and let us know how it goes.
@Tommy How many coins are approximate talking about?
And good luck from me too.
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