And according to Melbustus the amount that remain active is more like 80% (not half).
www.spotcoins.com/bitcoin/casascius
www.spotcoins.com/bitcoin/casascius
of coins, yes. there are ome varieties of bars with 50+% or moe redemption rate
Topic: [WTS] 2013 Casascius 0.5 "Half" Bitcoin "Right off the Roll" Make ANY offer!! - page 2. (Read 4324 times)
July 26, 2014, 02:37:14 PM
of coins, yes. there are ome varieties of bars with 50+% or moe redemption rate
July 26, 2014, 01:28:25 PM
And according to Melbustus the amount that remain active is more like 80% (not half).
www.spotcoins.com/bitcoin/casascius
www.spotcoins.com/bitcoin/casascius
July 26, 2014, 01:24:17 PM
Ok, from now on we agree to get people to spend Casascius coins like we try to get anyone to use BTC. None of us will set the example, of course, but keep the chatter to a minimum.
Great. See you all in 20 years when we're the only ones with these good coins left.
Hehe, I think the time for that has passed. It is important to realize that it DID happen; but they say, 'a month is years in Bitcoin'. When the coins came out, they were worth about $5 each and many people gave them as casual gifts, gave them to a friend in return for buying lunch, kept them in their wallet with other coins as a curiosity, etc. over half of some coins have been redeemed, mostly being done early on. That time is now passed, and what is left will only increase in value.
Well, that's encouraging to hear because I wasn't aware of bitcoin until late 2012 and born again bitcoin until this year. I'm big on getting in after the bull market, ha ha.
The only thing that discourages me with the idea of people having used these coins is the the high number that remain active compared to the original mintage. That said, I'm sure a healthy amount of the 1 BTC denominations were tossed in a coin dish or drawer and forgotten about.
I think Casascius coins are going to re-define the value of errors. It's going to be fun to watch, errr spend them all cause they're just novelties.
July 26, 2014, 09:52:06 AM
Just got my coin yesterday, looks great but there is a very visible nick on the BTC!? Will upload the pictures soon...
July 25, 2014, 09:39:18 PM
Ok, from now on we agree to get people to spend Casascius coins like we try to get anyone to use BTC. None of us will set the example, of course, but keep the chatter to a minimum.
Great. See you all in 20 years when we're the only ones with these good coins left.
Hehe, I think the time for that has passed. It is important to realize that it DID happen; but they say, 'a month is years in Bitcoin'. When the coins came out, they were worth about $5 each and many people gave them as casual gifts, gave them to a friend in return for buying lunch, kept them in their wallet with other coins as a curiosity, etc. over half of some coins have been redeemed, mostly being done early on. That time is now passed, and what is left will only increase in value.
July 25, 2014, 04:16:10 PM
Anyone feel the numismatic value could be impacted (negatively) if everyone who has these coins treats them as collectible? A part of the reason old fiat currency can be valuable is because there only so few (out of the original population) that remain in existence.
Maybe we should stop talking about Casascius coins so people just use them, spend them, handle them and thereby make our pristine copies more valuable.
Maybe we should stop talking about Casascius coins so people just use them, spend them, handle them and thereby make our pristine copies more valuable.
Go for it!!!
Ok, from now on we agree to get people to spend Casascius coins like we try to get anyone to use BTC. None of us will set the example, of course, but keep the chatter to a minimum.
Great. See you all in 20 years when we're the only ones with these good coins left.
July 25, 2014, 04:13:54 PM
Anyone feel the numismatic value could be impacted (negatively) if everyone who has these coins treats them as collectible? A part of the reason old fiat currency can be valuable is because there only so few (out of the original population) that remain in existence.
Maybe we should stop talking about Casascius coins so people just use them, spend them, handle them and thereby make our pristine copies more valuable.
Maybe we should stop talking about Casascius coins so people just use them, spend them, handle them and thereby make our pristine copies more valuable.
Go for it!!!
July 25, 2014, 04:11:29 PM
Anyone feel the numismatic value could be impacted (negatively) if everyone who has these coins treats them as collectible? A part of the reason old fiat currency can be valuable is because there only so few (out of the original population) that remain in existence.
Maybe we should stop talking about Casascius coins so people just use them, spend them, handle them and thereby make our pristine copies more valuable.
Maybe we should stop talking about Casascius coins so people just use them, spend them, handle them and thereby make our pristine copies more valuable.
July 25, 2014, 12:13:13 PM
i have seen one guy selling that coin at our local ad site. he wanted 1000€ for it, but there was one full bitcoin loaded on it. I don't get it why is it so highly wallued if you can buy bitcoins for like 600$ and put them on a paper or special plastic for 5$ or you can also put it on an USB stick or whatever you preffer.
Look up Numismatics... This is not just about Bitcoin, but historical items related/containing bitcoin.
Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects.
Same reason old, original government issued coins and notes are worth more than the face value printed on them. Historical significance, rarity, and collector demand are what makes them highly valued.
Here is a good explanation for the collectible historical value related to the original Casascius Coins:
The story of Casascius coins tracks bitcoin very nicely; from inception as a conversation piece to production-termination due to regulatory aggression... It takes that sort of history to create lasting numismatic value. Fundamentally, "collector value" makes no practical sense; it's our human nature in seeking ties to the past and continuity (and therefore mementos) that drive it.
July 25, 2014, 12:00:14 PM
i have seen one guy selling that coin at our local ad site. he wanted 1000€ for it, but there was one full bitcoin loaded on it. I don't get it why is it so highly wallued if you can buy bitcoins for like 600$ and put them on a paper or special plastic for 5$ or you can also put it on an USB stick or whatever you preffer.
July 25, 2014, 11:54:22 AM
EDIT 2 - The second 10 boxes from Jul 21st - Jul 24th were shipped yesterday, you should all have tracking in your inbox!
July 24, 2014, 04:34:42 AM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.I will buy all your MS-70's for sure!
Maybe ICG MS70 but not ANACS MS70
I am a complete noob so don't hate when I ask: what's the difference? ICG has higher requirements?
Actually the opposite. Coins that I've never seen in MS68s and 69s from ANACS, I've seen in those grades from ICG.
I am new to coins as well so thanks for the information. I am staying away from EBay (for now) and sticking with tusted members here for coins. I have done some research on them so I am not a complete neophyte, but have much more to learn. I think this could be the start of a bad habit.
I know I am not a legit collector until I get a 2011 error which I am working on.
To learn more about Casascius coins, I invite everyone to read my ebook categorizing them all; its very educational. it is found at www.coinfirm.org (free). Yankee himself helped me out with it.
July 23, 2014, 07:43:06 PM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.I will buy all your MS-70's for sure!
Maybe ICG MS70 but not ANACS MS70
I am a complete noob so don't hate when I ask: what's the difference? ICG has higher requirements?
Actually the opposite. Coins that I've never seen in MS68s and 69s from ANACS, I've seen in those grades from ICG.
I am new to coins as well so thanks for the information. I am staying away from EBay (for now) and sticking with tusted members here for coins. I have done some research on them so I am not a complete neophyte, but have much more to learn. I think this could be the start of a bad habit.
I know I am not a legit collector until I get a 2011 error which I am working on.
July 23, 2014, 04:21:28 PM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.I will buy all your MS-70's for sure!
Maybe ICG MS70 but not ANACS MS70
I am a complete noob so don't hate when I ask: what's the difference? ICG has higher requirements?
Actually the opposite. Coins that I've never seen in MS68s and 69s from ANACS, I've seen in those grades from ICG.
July 23, 2014, 04:19:58 PM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.I will buy all your MS-70's for sure!
Maybe ICG MS70 but not ANACS MS70
I am a complete noob so don't hate when I ask: what's the difference? ICG has higher requirements?
July 23, 2014, 04:14:54 PM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.I will buy all your MS-70's for sure!
Maybe ICG MS70 but not ANACS MS70
July 23, 2014, 10:29:51 AM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.I will buy all your MS-70's for sure!
July 23, 2014, 10:26:18 AM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
.Haha the old switch-aroo
July 23, 2014, 12:26:13 AM
I can't wait to get my first coins in and send them off to have them graded. Yankee was excellent to work with. Hopefully, he will want to buy one of my new MS-70 2013 Casascius 0.5 when I get it back from ANACS .
. July 22, 2014, 09:16:40 PM
did you send any more in for grading? or just selling them here?
Yes, but Im not selling those, Im only selling these.
Let me know if you wanna offer!
Jump to: