Topic: [WTB/WTS] Casascius Holo Error / Collectible Marketplace - page 6. (Read 41318 times)

From 20BTC, upwards. I sold a graded (MS-67) non gold B ..... https://bitcointalksearch.org/topic/m.6161628

Right on...

The hottest Casascius coin on the market recently has been the 0.5BTC Silver S2, likely due to its rarity.  nubbins sold two of these ungraded for 13.5BTC each back in August (increasing record multiplier from 11 to 27)...reference link here.
Subsequently djjacket sold an MS66 example, but sale price may not have been listed on the forum, djjacket would need to confirm final price as record, although whatever it was will set a new standard on this thread for a graded variation, since none are listed...reference here.
Further note on a coin to watch--holomen has listed the first known ANACS graded MS67 example of this coin for sale here.

Other recent records set, (given that no records are listed)  would be for the 1BTC Silver S3 solid silver, the 1BTC Silver S3 silver/gold, the 2011 1BTC Brass S2 and the 5BTC Brass S2.

1BTC Silver S3 solid silver: several graded and ungraded sales in the 1.9BTC-3BTC range. Here is just one of many possible record sales...reference here for SgtSpike's listings.
1BTC Silver S3 silver/gold: several graded and ungraded sales in the 2BTC-3BTC range, possibly higher.  I personally sold one of these for 3BTC a while back, others may have sold for more--one possible reference here.
2011 1BTC Brass S2: justbtcme sold several of these to Otoh in July...reference link here.  Additional sales have taken place since in the 2-3BTC range.
5BTC Brass S2: Otoh also bought both an S1 and S2 version of this coin from justbtcme, reference link here.  Price not disclosed publicly, buyer and/or seller would need to confirm S2 price and if S1 sale beat existing 7.5BTC record.

I believe that the gold-plated coins were not a separate run. At one point, Mike took his remaining stock of silver 1 BTC coins and had them all gold-plated.

https://bitcointalksearch.org/topic/m.3359806

I have a question maybe some of you coin gurus can help me with.  I own the following coin...
http://casascius.uberbills.com/?address=1Ag1bkCAq2A4fPUTtudfMGw52mhpEgWSKX

and according to the web site it is a "1 BTC Gold-Plated Fine Silver Casascius Round.
This is a 39mm 1oz silver round accented with gold electroplating on the rim and on the Bitcoin logo, loaded with one digital bitcoin."

the thing is...it isn't...




What am I missing here?

ig

Seems like British Museum is now interested in physical bitcoins: http://blog.britishmuseum.org/2014/05/12/bitcoin-how-do-we-display-the-intangible/

Start of a new global trend?

I don't know of anything that would fit the bearer bars but those plastic cases they are currently in are horrible. Those leave a nasty residue on coins after they sat in them for a longer period of time. I would suggest taking it out and maybe wrapping a microfiber cloth around it. If you could find a plastic airtight that it will fit in that would be best. You can read this article for a better idea of what will happen if left in the sleeve. They call it the Slime Effect.
http://collectibles.answers.com/coins-and-dollars/learn-what-a-pvc-coin-sleeve-is

Back when I was investing (buying) the Casascius coins, I evaluated the 5 BTC coins to be the most undervalued, based on their relative rarity and lack of relative numismatic premium.
At this point, I hold more of these coins than any other (except the 0.5 and 0.1 S3 silver pieces).

I'll also add that these (along with the 25 BTC pieces) have graded the lowest. I want to say I've only seen one MS-66, and I kick myself for having sold that one.  All I have left are MS-65 specimens.

There are approx. 400 of each 5BTC S1 and 5BTC S2 still active. The green text 5BTC S2 are actually more rare than the 5BTC S1 by around 50-70 pieces depending on your source. As for the "load-it-yourself" blanks, no clue.

TYVM!

I haven't sent any of mine to get graded, specifically because it'd break the PGP chain of custody. If I mail my coins off to ANACS, I can no longer say they've always been in my possession

I've seen some of my 1BTC silvers receive MS67 ratings (the buyers sent them in for grading); to my untrained eyes, the series-2 halfs are equal or better quality.

That said, there *is* a flaw in the design around the 2:00 position (sunburst extends beyond the ring) on every 0.5BTC silver I've ever seen; I don't think this is because of poor stamping, but rather an oversight in the files that were sent to the mint. Not sure how this would affect grade.

This is as good a time as any to remind people how numismatics are priced.

SALE PRICE = (FACE VALUE) + (NUMISMATIC VALUE) + (SELLER'S PREMIUM)

Notice the lack of multiplication symbols; statements such as "2x face" or "10x face" have no meaning and no place in numismatics.

The FACE VALUE for a Casascius coin would be the value of the BTC stored within, plus the spot value of any precious metals.

The NUMISMATIC VALUE is an absolute value based solely on the desirability of the coin. This generally correlates with mintage, age, and condition, but other factors can be at play here as well.

The SELLER'S PREMIUM varies from seller to seller, based on a number of factors including the seller's trustworthiness, care in packaging, supporting documentation or certifications, and other factors.

The biggest point to make here is that with all other things being equal, FACE VALUE and NUMISMATIC VALUE have no bearing on one another.

Those are still nice


They're starting to get into the same absolute-premium-over-face-value territory as the 10s and 25s -- check out the premiums in the OP. I'm educating the market one sale at a time! If only I hadn't sold so many to get things to this point

Just a quick update, we've got a new record for highest price paid for a 2013 0.5 BTC Series-2 Silver: 13.5 BTC.

I'll let the buyer decide if they want to share their identity.

I'd recommend getting it graded.
I have more than one, and none have graded higher than MS-65. I speculate the minting process was somehow less precise for them.
Your numbers, whichever you use, show the relative rarity (I also use the official analyzer numbers). These coins are in the 'elite club', and buyers willing to pay the premium are few and far between.

Have you folks seen this yet? A rather thorough inventory of each Casascius coin by variety, mintage, redeemed, and active --> http://www.spotcoins.com/bitcoin/casascius

It's on a few other threads but some of you may not be aware yet.

It was created and shared with me by forum member Melbustus.

Hopefully more accurate information (from this analysis and Elianite's analysis) will make the market for these coins more efficient.

Id like to take this opportunity to formally present my Casascius eBook to the collector community:

The Coinfirm Casascius Guide v1.  

It's 31 pages, detailing all the coins produced by Casascius. There are photos, mintage and circulation numbers, stats, and interesting insights, history, explanations and comments on almost every page. You are GUARANTEED to learn something new!

This book is essentially the 1st chapter in what will be a much larger work detailing ALL physical Bitcoins, Litecoins, Dogecoins and all others. It is currently projected at 130+ pages, and will feature all available information on every collectible crypto-themed coin and bar released by anyone. In the future, there will also be an easily navigable gallery on the site to view the information.

You can find the eBook as a free PDF on my new site: www.coinfirm.org
*please let me know if you are unable to open it and i can post other formats.

Book thread here with the same info https://bitcointalksearch.org/topic/m.7909325

I'll just add a technical detail to what SgtSpike said - this is verifiable by the serial numbers shown in the image SgtSpike included.

Spike beat me to the punch on grading! He's got the first of the 1 BTC coins ever graded. I still hold the first-graded 5 and 25 :-)

Speaking of collectability.... I would just like to point out that the 2011 MS-66 coin I am selling is one out of the first five physical bitcoins to ever be graded by ANACS.  I don't know how much this might affect how collectible this particular coin is, but I think it's pretty neat, and it's part of the reason I priced it a couple BTC above the going market rate.  See this thread (and click on the picture):  https://bitcointalksearch.org/topic/first-ever-graded-casascius-coins-186098

Ah, great point. Thanks for calling me out on that and you're almost right about what I meant to say:

Desirability isn't always positively correlated with rarity, but rarity is often positively correlated with desirability.

I believe the more rare versions of these coins will be more desirable years from now. BUT, it's not the same as having the first coin minted by a country or currency type because so many people are already hoarding these coins as collectibles. Unless we see a lot of redemption over the years these coins will not become more rare than they are today, which will impact the secondary market.

I think correlation could be appropriate.  Whether there is one gorgeous woman on the planet or 4 billion, I will want one all the same.

Perhaps spoken more eloquently...  A man dying of thirst cares not the size of the river he drinks from.

Collectors also love to get the first edition of something.

It'll be interesting to see how this plays out in the future.