Topic: [WTS] Casascius 2011 Error 1BTC Series 1 (Read 3422 times)

I have seen the honey comb in some coins, but not that bad. It could be legit or maybe messed with - I can not say for sure. I am not really after any more 2011 coins so not really pushing hard to get it. I do hope someone with a good amount of experience gets it and tells us more.

I agree that it would be best if an 'expert' inspected the coin. I would also volunteer..
But, it does not appear to me that its peeled.

lol what makes you an expert? Not sure how many of these coins you have dealt with, but I have had a lot in hand. I can not say either way if it has been tampered without seeing it in person. Honestly no one can tell from those pictures.

I have no reason to believe this coin has been tampered with. I have 99% confidence that the hologram has never been peeled, even slightly. In fact the opposite; the honeycomb pattern is slightly visible because pressure has been put unto the sticker, compressing it slightly I have observed this effect 1st hand, although it is very pronounced here.

Dont redeem it. I'ts totally legit and funded.

Source: am expert.

I don't care much about wood..... but I think that not wanting to use escrow is a problem..... I find it hard to think that this coin can sell.... if no escrow is used....

I don't know if it is just me, but I don't see the relation.

 
People are trying to convince this person they should use escrow.  They don't want to use escrow.  They're either a scammer or not very bright, the fact they bought the laser etched B from WoodCollector lends to either possibility.

Blazed also said that he was happy with his purchase, even after it came out that WC was a scammer. I really don't see what the problem is.

Many people bought from that scammer, I don't know what you want to point out with this comment...

If you look at this guys history and trust rating, he allegedly bought the now famous laser etchedhand carved Bitcoin B from WoodCollector. 

Just use a reputable escrow ... and a reputable buyer ... that is the only realistic choice here

1. Buyer sends BTC to escrow
2. Escrow confirms reciept of BTC
3. You send coin to buyer
4. Buyer looks at coin

If Happy Buyer
5. Buyer keeps coin
6. Buyer tells escrow he is happy
7. Escrow sends you BTC

If Unhappy buyer
5. Buyer says he isnt happy
6. Buyer returns coin
7. Seller gets coin and confirms to escrow
8. Escrow returns BTC to buyer

Any shit / disputes, escrow acts as arbitter (but why would there be any). Use insured / registered post on every shipment. Take pics / vids of packaging up prior to any shipping. Belt and braces.

Simples.

It is clear that there isnt the required level of trust for you as a seller, or for the coin from the photos. If you are serious about selling this coin, you have to decide to trust somebody. Its a shame you are not located near any other coiner that could give a first hand account, without the coin needing to go anywhere.

In addition to gravitate, I have had coins pass through my gloved hands that have showed more honeycombed patterns than the usual. Unsure why, but they werent tampered with. Also, as someone else in the thread has said, certain levels of light, or certin angles of viewing highlight the pattern. I dont have any to hand myself, or if I do they are ANACS slabbed

My best guess is that its either deterioration over time, or its not quite full adhesion at assembly.

Either way, without escrow, I personally have no interest in this coin. I doubt anyone will pay upfront for this coin. You need to meet folks half way here, or have a level of trust built up over time that dicates that protection isnt required.

No PayPal. And I dont think so.

I've got to say, having seen hundreds of photos of coins on here for sale over the past few years (and owning a fair few myself), I don't recall seeing any with a honeycomb effect more pronounced than the photo of this coin. Unless it had been redeemed of course. Maybe this is due to way its been stored over the past few years but you can't blame people for being sceptical in this instance.

I would recommend letting blazedout see the coin in person, but you seem reluctant which is fine it's your coin afterall and your free to do with it as you please.

I have seen the enlarged photo, it's likely deterioration or some wear, but not visible to the naked eye.

I might be able to work out the deal upon receipt of the coin but not really for a 2.5btc loaded untempered error coin which is currently lowest you can find in the market, that I'm selling as.

Anyway the terms are laid out, if buyer doesn't agree, no one can force him/her to buy.

If you observe more closely, you can see that a few of the sellers photos has the honeycomb patterns. It's just that you missed out those.

Well all of mine are secure and to get them out for a photo so someone else can sell a coin isn't motivating me enough to break the seals I have made and take them from the hiding place. They are very secure and not accessible. Sorry   

I'm going to make popcorn before I check this thread again..

 
If you need the money sooner, why are you expressing interest in this coin: https://bitcointalksearch.org/topic/wts-ms-66-all-silver-1-btc-casascius-coin-1078327

 
Show us pictures of your coins with honeycomb.  I'm not saying you are a liar but I have not seen the honeycomb on any coin casascius other than ones where the hologram was peeled.

This is probably by far the best deal you are going to get. Right now you are in a bind as it appears that the hologram has been tampered with. (someone had previously posted a picture that enlarged the place where the honeycomb is that did a good job of 'explaining' how the coin was likely tampered with but I don't see it anymore).

Blazed is going to be one of the very few people that are expert enough in the world of physical coins to be able to inspect it in person and reputable enough to be able to say that he is not going to scam you.

You might be able to work out a deal where you receive a fixed fiat value worth of bitcoin upon receipt of the coin.

---

If this is not something you are willing to do then you might as well sell it as a redeemed coin for .2 BTC because for all intensive purposes that is what it is

So would it be possible to pay with paypal then? You pretty much look like a scammer right now.

agree, pretty sure someone here knows about it.

I have a few of these coins and some look like they have been peeled but they havent. I think its the aging that does it.. It looks 100% fine to me.

gonna convert the spare BTC into usd, guessing that i can buy back cheaper BTC later.

Yeah no sort of deal as he wants the funds before I would get the coin...

sure he is..

personal preference. Need the liquidity sooner.

PMed.

Yes, I think Blazedout is the most reliable person for this. You can trust him!

No escrow needed...just send me the coin and I will pay after I check it out.

well why no escrow? any particular reasons? I would be interested as well if you offer escrow.

sure bro, would refund 200% to you if it has been messed with.

as updated earlier on, no escrow is available in op.

I would offer the 2.5, but I would need to see this coin in person to decide for myself if it has been messed with.

Coin still up for grab!

First year, earliest month(sep) minted.

Thanks!

photos(all w/o honeycomb except 1) with handwritten piece of paper added in op, as requested.

Will let go for around 2.5-2.9BTC

I can't say if the coin has been tampered or not, but the honeycomb is visible, to a certain degree in all Casascius coins, given the correct lighting and angle. That is perfectly normal in the holograms by nearly all coin manufacturers.

Why is it so difficult to take a picture with your phone of a handwritten piece of paper next to the coin?

This is clearly the case, but you know the risks. And OP should know this as well, no one will pay 1,1BTC for an unfunded one.

If it is funded, I would release the escrow.

well ok, but what if the coin is tempered with? will you release the escrow, or will you dispute the trade? 

Maybe, but he wasn't vouching for your coin. Nevertheless, I will offer 1.1 with escrow.

thanks, you are the first person to also point out the visibility of honeycomb for an untempered coin.

already cyclops mentions the honeycomb pattern is slightly visible.

The degree of visibility differs/depends from coin to coin w holograms.

You see as we move along, things starts looking legit and in line with what i said.

I'm curious what kind of value is placed on this if OP could sell it.  Does the next buyer treat the BTC value as a 50/50 gamble?  So its worth the value of a peeled coin and some speculative gamble?

Looks definitely peeled to me, if you hold a Casascius and look at it with a certain angle, and light it will slightly show the honeycomb pattern. But not as clear and evident as the pictures.

You would be better posting the evidence here to clear this situation up. At the moment it looks like you're either trying to sell a coin that's been tampered with or a coin that you don't have. If you simply lock the thread it will look like you're trying to hide something.....

I'm not trying to give you a hard time it just doesn't look good at the moment.

Yeah man, I don't really believe you have this coin until you post a picture with your handwritten nickname.

its is handwritten in paint job. It would take a while to post another picture.

Could you perhaps post a picture with with your handwritten nickname? This would clear some things up.

if thats the case, how does one actually do it( as in the honeycombed photo shown)? What is the actual process?

This coin has not been tampered with, based on some solid evidences that i can pull out for you, i don't want to open up a truckload of worms. Anyone concerned may PM me for evidences.  

ps: will not be redeeming this coin.

i might lock this thread later on.

+1. OP it does look like the hologram has been tampered with to about half the coin width which could have given access to the private key.

Either contact who you bought it from or redeem it yourself and sell or keep the blank as Blazedout said. Nobody is going to buy it just in case someone does have a copy of the private key and redeems the bitcoin themselves after the sale.

P.S. If you do decide to redeem it and wanted to sell I would be interested in buying the blank if you retained some of the hologram.

That coin has been tampered with...I have tried taking pictures of some error coins from all angles and can not replicate that. OP if you bought the coin that way I would redeem it ASAP and just sell the peeled coin (they still fetch at least .2BTC)

price reduced: 2.5-3BTC

coin quality looks decent, not suitable for fussy buyers. 

but you might get a decent grading for it.

looks like some deterioration from that picture from miffman, but its not visible from the naked eye.

Honeycomb-effect can be seen throughout the whole of hologram though, not obvious, only certain angles.

Doesn't seem to me like its being tampered with. If you look closely at your existing coins you might find one too.

as moebius mentioned, it is written in paint and then printed out. Didn't want to use a ball pen.

I was going to say that having some experience with holograms I'd say that someone has played around with that one but Miffman's (excellent) proof shows it clearly.
Even simply applying the hologram and adhusting it slightly wouldn't do that. The honeycomb effect only takes place after the hologram has been put on the coin with pressure and is then peeled after.
The whole hologram may not have been peeped but the side of it has even tampered with. I'd be weary of buying this coin for that reason. In essence you'd have no idea if one of the owners along the line decided to copy down the private key somewhere.

Photoshopped is a bit exaggerated, more like a ms paint job.  I would really like to buy one, but not this one.

I was going to say that.  Why photoshop your name and date?

This picture provides overwelming eveidence that this coin is peeled.
I think the miffman has done an excelent forensic job here.
I would like to hear what wheresmycoin has to say about that picture?
It is not unlikely that wheresmycoin was not aware of this untill now?

It would also great if the previous owners could be tracked....example who did wheresmycoin get the coin from, and who did that person get the coin from. It seams that there is someone in the line of owners who is up to no good.... It would be good if that person could be public known.

In case the original post should be deleted (by mistake, ofcause).... this is the coin in question:
http://casascius.uberbills.com/?address=142fuYHGtMifp3ofY9pCu4nd9mFVqqKms9

It's been tampered with at least. May not have been completely peeled but enough to make the honeycomb effect and possibly reveal the private key.

Sadly I've peeled a few in my time (regret it now years later) and that's what it looks like.

Just a slightly enlarged version: http://i62.tinypic.com/6f182x.jpg

Sorry to to this do you OP, but it is pretty important to know what you're buying.

I honestly still can't see it, however you are probably more of an expert then me so I will take your word for it.

Maybe it is because I have never seen a redeemed one in person before.

This would really not be effective. It would be possible that a prior owner had recorded the private key of the coin after tampering with the hologram and would later redeem the funds associated with the private key/address.

Great catch! No honeycomb pattern should be visible at all unless the hologram has been tampered with. The fool proof way to see if the coin is really loaded is to check the short key on the blockchain. In this case the coin does still have BTC1 loaded on it -> http://blockexplorer.com/address/142fuYHGtMifp3ofY9pCu4nd9mFVqqKms9

The 3rd from the bottom in the OP. The bottom section has the honeycomb pattern.

I am far from an expert, however which pictures does the hologram look peeled in? From what I can see, the pictures where the hologram is displayed, the hologram looks fine.

People are going to offer less for it if it looks like it's peeled.

hehe..

ok added.

i always manage to come up with some 'special' coins.  

i think will let go at around 3.5-4.5BTC range.

It does while other pics make it look like it's not.

Looks like its been peeled.

Please add username timestamped pics.

Something is up with that hologram though. 

I offer 2 BTC

4.5BTC (negotiable).

Coin for sale as shown below:






































edit: new photos added
        escrow not available.