How much is worth 2013 Casascius 1 BTC 1 Oz .999 Silver Physical Bitcoin in bitcoin?
Topic: Very close to peeling some casascius coins. (Read 988 times)
In celebration of Elon on SNL tonight I'm just going to peel this and go that route.
Did you went trough with peeling of the casascius coin? If not you could check back one of my first posts in this thread (here) to see that it is not impossible to sell these kind of items in here. I would say, however, that the most difficult thing may be the fact that you won't be able to sell it as fast as you would want it to.
So I thought at the very least I'd share my experience here on the Bitcoin Forum so far.
I came here looking for advice/discussion on selling vs. peeling vs. holding my 1 BTC fully funded Casascius coin.
I joined and paid for a copper membership so that I could communicate with less latency (limits on newby accounts).
I found two relevant threads on the subject (this one and another), and joined in the conversation.
I had one person reach out offering to purchase with a physical meetup, but did not hear back after agreeing on conditions.
I had a different person reach out to "warn" me off meeting people to sell the coin, and asking if he was too late to make an offer. I tried to respond and the account had blocked my account so I couldn't. (Interesting that THAT account was a brand new account as well...interesting.)
A few people sent helpful messages and a few replies to threads were helpful/useful.
In celebration of Elon on SNL tonight I'm just going to peel this and go that route.
So thanks(?) for the help.
So long and thanks for all the fish.
-1o57
I came here looking for advice/discussion on selling vs. peeling vs. holding my 1 BTC fully funded Casascius coin.
I joined and paid for a copper membership so that I could communicate with less latency (limits on newby accounts).
I found two relevant threads on the subject (this one and another), and joined in the conversation.
I had one person reach out offering to purchase with a physical meetup, but did not hear back after agreeing on conditions.
I had a different person reach out to "warn" me off meeting people to sell the coin, and asking if he was too late to make an offer. I tried to respond and the account had blocked my account so I couldn't. (Interesting that THAT account was a brand new account as well...interesting.)
A few people sent helpful messages and a few replies to threads were helpful/useful.
In celebration of Elon on SNL tonight I'm just going to peel this and go that route.
So thanks(?) for the help.
So long and thanks for all the fish.
-1o57
What area of the world are you?
Well, I just found this thread and this forum. I too have a 2012, 1B funded coin. I'm considering peeling it. To be honest I don't know what my real options are that are considered 'safe'- The coin was given to me at the DEFCON security conference back when these were first being created. Thoughts?
This coin has the added bonus of having been on stage at DEFCON.
-1o57
This coin has the added bonus of having been on stage at DEFCON.
-1o57
I wonder OP how did this situation came to an end? Did you decided to hold back on peeling the coin? I've seen that you've used minerjones in the past for some transaction, has it ever occurred to you to use it once again ? Or do you really believe that it isn't worth the effort? I think that selling the coin always brings a benefit to you (in this case) since you don't really seem to care about peeling or not, and you may just want the BTC of it while another person actually cares about the coin itself (not peeled) and it's willing to pay you for it - In the end both parties will get what they need.
It is so frustrating knowing you hold something so valuable and having such limited safe options in which to sell.
I am hoping that in the future some of the larger auction houses will be open to listing some of the rare Bitcoin coins.
I also believe that these coins are a big part of history and will command a nice price once a safe place to list is found.
I am hoping that in the future some of the larger auction houses will be open to listing some of the rare Bitcoin coins.
I also believe that these coins are a big part of history and will command a nice price once a safe place to list is found.
Chris, GFY! 
Any reason for me to not peel coins right now? I’m feeling the risk involved with selling and posting isn’t worth the potential increase in value.
Anybody have a helpful opinion?
Anybody have a helpful opinion?
A very tough question indeed...
If you do peel, I highly recommend for you to get a Ballet wallet and use that to sweep the funds.
Our Ballet wallets will help you split out all of the fork coins, and then allow you to properly send them out (exchange, sell, etc) easily.
We even have built-in integration with Changelly and ChangeNow to allow you to quickly exchange your fork coins to another crypto (such as BTC).
Just my 2 cents. (Yes, I'm biased about Ballet, but I'm sure many other forum members here can attest to the usefulness of using Ballet wallets as an intermediate tool for peeling & sweeping physical bitcoins.)
So if you do choose to peel your Cas, please give Ballet a try. You won't be disappointed; and I'll personally give you a money-back guarantee on the Ballet wallet you buy.
https://store.balletcrypto.com/
Does Ballet offer any sort of free software option or is a purchase required to utilize the sweeping features offered by Ballet? I only ask because if someone is peeling their coins, they’re likely cashing out so buying another storage device (or card) seems like purchasing something they intend to use only once. I could see how a free software option that generated Ballet profits through fee deals with the above mentioned exchanges might be a sought after method of peeling these coins and claiming forks.
Any reason for me to not peel coins right now? I’m feeling the risk involved with selling and posting isn’t worth the potential increase in value.
Anybody have a helpful opinion?
Anybody have a helpful opinion?
A very tough question indeed...
If you do peel, I highly recommend for you to get a Ballet wallet and use that to sweep the funds.
Our Ballet wallets will help you split out all of the fork coins, and then allow you to properly send them out (exchange, sell, etc) easily.
We even have built-in integration with Changelly and ChangeNow to allow you to quickly exchange your fork coins to another crypto (such as BTC).
Just my 2 cents. (Yes, I'm biased about Ballet, but I'm sure many other forum members here can attest to the usefulness of using Ballet wallets as an intermediate tool for peeling & sweeping physical bitcoins.)
So if you do choose to peel your Cas, please give Ballet a try. You won't be disappointed; and I'll personally give you a money-back guarantee on the Ballet wallet you buy.
https://store.balletcrypto.com/
You would have to declare them as monetary instruments if you cross an international border with them. If you can’t sell p2p or with a lawyer’s assistance (don’t be dumb, consider absolute value of transaction and pay a minute fraction of that amount to protect yourself), don’t feel bad about peeling them. That’s what I did.
I can see why someone would want to peel. Its much more simple than finding a buyer and then figuring out the safest way to meet and exchange.
Personally I'm holding onto my coins currently myself and have no plans to peel. But the allure is there.
Personally I'm holding onto my coins currently myself and have no plans to peel. But the allure is there.
Peelingto me is like scribbling on a the first marvel comic ever created or throwing some paint at a Picasso painting. Don’t do it ! Find someone to buy the coin at a premium
How much have brass 1s been going for though. I think I got 1.15 for 1 a couple of years back. I don’t think they are going for that any more are they?
I would say it depends on condition but getting 1.05BTC-1.1BTC should be feasible (higher premium on the lower denominations). Could you post some pictures of your collection; I'm sure it will help push the sale.
How much have brass 1s been going for though. I think I got 1.15 for 1 a couple of years back. I don’t think they are going for that any more are they?
Yeah for sure dont peel a Cas. especially if it's one of the smaller denominations.
If BTC were to crash right now, it would have crashed already. 70k is next.
If BTC were to crash right now, it would have crashed already. 70k is next.
Dont listen to him lol you peeling just makes his collection more valuable. 1 btc is 1 btc and will always be more valuable than any amount of fiat
Yeah, I’m gonna disagree with him also. IMO, the premium on unpeeled Cas is going to continue to be very significant, if not more so, as we see more institutional interest and widespread adoption. There will be a lot of rich people realizing Cas is a thing and want in on it.
Dont listen to him lol you peeling just makes his collection more valuable. 1 btc is 1 btc and will always be more valuable than any amount of fiat
Jump to: