[WTS] My Casascius Collection - page 3.

Steeley

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Quote from: blucepheus on March 04, 2021, 08:50:51 PM

Quote from: OgNasty on March 04, 2021, 05:19:33 PM

Quote from: Steeley on March 03, 2021, 02:33:33 PM

OgNasty:

My advise, which I admit is not worth much, is for you to consider a large auction house that is accustomed to selling major high priced items. Christie's, Sotheby's, etc. This is a world class collection, very historical and relevant right now. I think if you engage a broader market with people that know how to market to the highest net-wealth class, you might be surprised.

This would certainly be an avenue I would pursue if peeling didn't exist as an option. Being totally honest, the USD value of these coins has surpassed any expectation I ever had for them. If/when I decide it is time to cash them out, peeling is a legitimate option due to it's simplicity. Selling the collection to someone on the forum for a BTC premium would be my preferred method as I'd like to see this collection live on in tact, but I doubt I would deal with an auction house as that seems like a pain in the ass and the auction house would likely be the main benefactor.

I should start auctioning the brass coins here soon. I've just been focusing my time on other things lately while hoping someone steps up to purchase the entire collection.

One coin I won't be peeling is the 1000 BTC gold round... Tongue

The auction houses charge a buyer's fee, which most wealthy buyers don't put much if any weight on, so you'd end up with the sale amount -- just fyi.

OG- I think I missed the point suggesting the auction house. I actually agree with your sensibility here. Screw 'em : )

The bigger point that I didn't communicate well is this. A collection like yours is one that could produce some buzz (like the NFTs selling for huge sums right now) that would bring attention to the physical bitcoin hobby. I think the hobby is one or two more high profile sales away from getting lit on fire. Could be good for Nasty Fans and everyone else. It will happen eventually regardless...

buckrogers

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Quote from: BurtW on March 09, 2021, 01:06:53 AM

I looked into auction houses and they told me the coins would need to be graded and slabbed before they would consider auctioning them. Mine are not slabbed so there is that.

You can always get them graded and slabbed if that’s your goal for the future auction houses.

ICG - comes highly recommended for one.

Thanks!

BurtW

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I looked into auction houses and they told me the coins would need to be graded and slabbed before they would consider auctioning them. Mine are not slabbed so there is that.

Otoh

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Quote from: blucepheus on March 04, 2021, 08:50:51 PM

Quote from: OgNasty on March 04, 2021, 05:19:33 PM

Quote from: Steeley on March 03, 2021, 02:33:33 PM

OgNasty:

My advise, which I admit is not worth much, is for you to consider a large auction house that is accustomed to selling major high priced items. Christie's, Sotheby's, etc. This is a world class collection, very historical and relevant right now. I think if you engage a broader market with people that know how to market to the highest net-wealth class, you might be surprised.

This would certainly be an avenue I would pursue if peeling didn't exist as an option. Being totally honest, the USD value of these coins has surpassed any expectation I ever had for them. If/when I decide it is time to cash them out, peeling is a legitimate option due to it's simplicity. Selling the collection to someone on the forum for a BTC premium would be my preferred method as I'd like to see this collection live on in tact, but I doubt I would deal with an auction house as that seems like a pain in the ass and the auction house would likely be the main benefactor.

I should start auctioning the brass coins here soon. I've just been focusing my time on other things lately while hoping someone steps up to purchase the entire collection.

One coin I won't be peeling is the 1000 BTC gold round... Tongue

The auction houses charge a buyer's fee, which most wealthy buyers don't put much if any weight on, so you'd end up with the sale amount -- just fyi.

I'm a very long term and 'wealthy' buyer from all of the major auction houses, I can assure you that we do pay attention to the approx 25% buyers fee with often sales tax on top of that, lol the wealthy don't just ignore or not notice an extra 25% on what they bid, FYI.

Also, the seller has to pay commission too, unless they are in a position to negotiate this away, it's usually 10%

I do hope though that there will be a collectables market with the major auction houses for physical crypto once bitcoin really becomes established say in 2023, especially now that Christie's are getting in on the NFT honeypot

I did personally suggest it to Spink back in 2012 as an opportunity to do a world's first and offered them a near full set of Cas coins, but of course, they failed to see the opportunity same as most back then.

OgNasty

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Quote from: blucepheus on March 04, 2021, 08:50:51 PM

The auction houses charge a buyer's fee, which most wealthy buyers don't put much if any weight on, so you'd end up with the sale amount -- just fyi.

Fees are fees. Regardless of which side it's taken from. This just isn't how I do business with crypto. I actually have quite a bit of experience dealing with auction houses dating back several decades and while I haven't ever dealt with one of the HUGE auction houses, I think it's safe to say that I would have been better off avoiding auctioneers with every interaction I ever had with them.

blucepheus

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Quote from: OgNasty on March 04, 2021, 05:19:33 PM

Quote from: Steeley on March 03, 2021, 02:33:33 PM

OgNasty:

My advise, which I admit is not worth much, is for you to consider a large auction house that is accustomed to selling major high priced items. Christie's, Sotheby's, etc. This is a world class collection, very historical and relevant right now. I think if you engage a broader market with people that know how to market to the highest net-wealth class, you might be surprised.

This would certainly be an avenue I would pursue if peeling didn't exist as an option. Being totally honest, the USD value of these coins has surpassed any expectation I ever had for them. If/when I decide it is time to cash them out, peeling is a legitimate option due to it's simplicity. Selling the collection to someone on the forum for a BTC premium would be my preferred method as I'd like to see this collection live on in tact, but I doubt I would deal with an auction house as that seems like a pain in the ass and the auction house would likely be the main benefactor.

I should start auctioning the brass coins here soon. I've just been focusing my time on other things lately while hoping someone steps up to purchase the entire collection.

One coin I won't be peeling is the 1000 BTC gold round... Tongue

The auction houses charge a buyer's fee, which most wealthy buyers don't put much if any weight on, so you'd end up with the sale amount -- just fyi.

OgNasty

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Quote from: Steeley on March 03, 2021, 02:33:33 PM

OgNasty:

My advise, which I admit is not worth much, is for you to consider a large auction house that is accustomed to selling major high priced items. Christie's, Sotheby's, etc. This is a world class collection, very historical and relevant right now. I think if you engage a broader market with people that know how to market to the highest net-wealth class, you might be surprised.

This would certainly be an avenue I would pursue if peeling didn't exist as an option. Being totally honest, the USD value of these coins has surpassed any expectation I ever had for them. If/when I decide it is time to cash them out, peeling is a legitimate option due to it's simplicity. Selling the collection to someone on the forum for a BTC premium would be my preferred method as I'd like to see this collection live on in tact, but I doubt I would deal with an auction house as that seems like a pain in the ass and the auction house would likely be the main benefactor.

I should start auctioning the brass coins here soon. I've just been focusing my time on other things lately while hoping someone steps up to purchase the entire collection.

One coin I won't be peeling is the 1000 BTC gold round... Tongue

Steeley

sr. member

Activity: 1164

Merit: 268

Byzantine Generals' Problem solved,Prosperity Next

OgNasty:

My advise, which I admit is not worth much, is for you to consider a large auction house that is accustomed to selling major high priced items. Christie's, Sotheby's, etc. This is a world class collection, very historical and relevant right now. I think if you engage a broader market with people that know how to market to the highest net-wealth class, you might be surprised.

Room101

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Rules not Rulers

That's why I value Gold Anacs the most. When they were being done, the value of most Cas coins was low enough that the hassle and risk involved in getting counterfeit coins slabbed was not really worth the pay off. These days, be much more worth trying to get past the authentication coin graders provide.

blucepheus

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Activity: 551

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Quote

Question: There are a lot of differing opinions on the grading from ANACS. Most coins are rare enough that an MS66 versus MS67 is not worth much to me, whereas it does with USA mint coins that have Billions minted each year. However, how is ANACS doing in regards to authenticating the coin? Counterfeiters are what threaten the value of all this and an authenticator will eventually really matter (I think). Do you agree? Is ANACS any good at this?

Building on this, how does ICG compare to ANACS? I have a bunch of physicals that I’d like to grade at some point and will need to decide between the two.

Steeley

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Byzantine Generals' Problem solved,Prosperity Next

Quote from: HabBear on June 02, 2017, 10:55:43 AM

Quote from: OgNasty on June 02, 2017, 10:39:26 AM

Quote from: ?? on ??

Any thoughts to getting them all graded??

No. I put 0 value on ANACS's opinion of coins. I actually prefer mine to be ungraded. Will probably break open the one that is graded when I'm motivated enough.

I think you're on to something. I feel the ANACS grading is open to a lot of subjectivity, but what I feel and what is are two different things. I'm sure others here have more factual insight on what they're really considering for the grading process.

One other question for you - do you keep your collection on display? I'd love to have my collection on display but given the face value of each there's a lot of incentive for some acquaintance visitor to get some sticky fingers. I feel like I'd need a museum-strong locking glass case to feel comfortable leaving these beauties out to be appreciated each day.

This thread is amazing. What a collection OgNasty!

Question: There are a lot of differing opinions on the grading from ANACS. Most coins are rare enough that an MS66 versus MS67 is not worth much to me, whereas it does with USA mint coins that have Billions minted each year. However, how is ANACS doing in regards to authenticating the coin? Counterfeiters are what threaten the value of all this and an authenticator will eventually really matter (I think). Do you agree? Is ANACS any good at this?

OgNasty

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Asking price lowered to 35 BTC. Payment will need to be made in advance of receiving coins.

OgNasty

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I mean, it's worth the cost just to meet me and have a few beers. The coins are really just a bonus keepsake of our time together.

Otoh

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...watching...

OgNasty

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I have been getting some tempting offers for individual coins so I've reached out to a few people who have expressed interest over the years. If you've had your eye on one of these coins, feel free to drop an offer to me via PM, as it is more and more tempting by the day to begin breaking up or peeling this collection. I will most likely still offer many of them at auction but I'm not opposed to skipping that process if the opportunity presents and someone would appreciate more privacy than a public auction offers.

OgNasty

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Quote from: realediston on January 13, 2021, 09:25:04 PM

Hello

I am interested in 0.5 and 0.1 Silvers. Please pm.

The silvers I'm offering only as a set at the moment. I will begin offering the brass ones at auction soon. I will probably start with the 0.5 BTC brass coin and go from there. I can send you a message when I do and let you know.

realediston

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Hello

I am interested in 0.5 and 0.1 Silvers. Please pm.

ducatitalia

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Quote from: OgNasty on June 01, 2017, 04:28:08 PM

I finally managed to complete the precious metals Casascius collection all with intact holograms, along with every year and denomination of the originals (along with the very first error coin). I thought some people might like to see them, so here they are. They are all loaded with the exception of the 1000 BTC, which still has an intact hologram.

Willing to entertain offers in the neighborhood of 45 BTC.

Not pictured is the St. Petersburg coin.

...and of course the originals.

OG...been a while...good to see the Casascius market still alive and well. So many of these coins being redeemed lately with low premiums and skyrocketing value of BTC. Think I saw a 25BTC go down the other day? At this rate, won't be many left of an already extremely limited initial supply. Will be interesting to see what happens to the numismatic value and premium once Bitcoin becomes the global standard against which other assets are denominated...

OgNasty

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Quote from: OgNasty on January 05, 2021, 02:25:51 PM

2011 1 BTC 1st series
2011 1 BTC 2nd series
2012 1 BTC
2013 1 BTC
2013 0.5 BTC

I'm curious what people think a fair price for this set of coins is these days. The two 2011 coins especially, as the first one is coveted for it's famous error hologram and the second is pretty rare from what I've witnessed over the years.

OgNasty

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I am considering selling off some of my brass Casascius coins individually in the future. Likely beginning with the most recently produced. If anyone would like to make me an offer, feel free to send a PM. Not looking for trades.

2011 1 BTC 1st series
2011 1 BTC 2nd series
2012 1 BTC
2013 1 BTC
2013 0.5 BTC

Topic: [WTS] My Casascius Collection - page 3. (Read 8842 times)