I am pretty sure I made no more than 50 of the gold coins.
and 25 of them in that one pic by @coblee
Topic: [WTS] Unfunded Casascius 1000BTC 1oz gold coin to celebrate gold parity! (Read 3948 times)
April 12, 2022, 11:22:47 PM
and 25 of them in that one pic by @coblee
April 12, 2022, 11:05:32 PM
Do you have a ruff idea how many unfunded gold coins Mike Caldwell made?
I am pretty sure I made no more than 50 of the gold coins.
April 12, 2022, 10:39:39 PM
Casascius coins have been dropping in value dramatically since I got in. I remember being offered an error coin for 1.7BTC in 2018 (I think BTC was $4k at the time), just seen that one sold recently on this forum for 1.039BTC. Obviously a massive drop when priced in BTC but also a small drop when priced in fiat. I was hoping that they would of mooned by now, but maybe they need more time? 14 BTC for an ounce is just nuts 
One day the last of the remaining loaded Cas coins will be auctioned off at world renowned auction houses and will fetch well over load value...well over. Crypto has only picked up steam and these are pretty much the first representations of bitcoin and will be a must have for billionaires to show off to their buddies.
At least that's how I see it but who knows.
GL with your sale
April 10, 2022, 09:53:21 AM
i thought there are only a small bunch of these, however, thanks for the pics!
Someone give this man some more merit.
edit: holy shit the thread is old, whats current days price of coin? and aprox supply number?
Someone give this man some more merit.
edit: holy shit the thread is old, whats current days price of coin? and aprox supply number?
April 09, 2022, 10:05:13 AM
I made a reddit thread a while back about a coin set I had:
https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/
These don't have BTC in them but they are my most prized possession.
User throwawaydev400 made an offer I couldn't refuse to sell him 1 coin. We agreed on a price of 14 BTC about a month ago. We met in person today for the trade. And amazingly BTC price just broke gold parity. What a momentous occasion.
Thought I'd share.
EDIT: Currently selling for 14 BTC
https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/
These don't have BTC in them but they are my most prized possession.
User throwawaydev400 made an offer I couldn't refuse to sell him 1 coin. We agreed on a price of 14 BTC about a month ago. We met in person today for the trade. And amazingly BTC price just broke gold parity. What a momentous occasion.
Thought I'd share.
EDIT: Currently selling for 14 BTC
Do you have a ruff idea how many unfunded gold coins Mike Caldwell made?
April 05, 2022, 08:31:24 AM
Casascius coins have been dropping in value dramatically since I got in. I remember being offered an error coin for 1.7BTC in 2018 (I think BTC was $4k at the time), just seen that one sold recently on this forum for 1.039BTC. Obviously a massive drop when priced in BTC but also a small drop when priced in fiat. I was hoping that they would of mooned by now, but maybe they need more time? 14 BTC for an ounce is just nuts
February 10, 2022, 05:03:30 PM
1btc = 100 million satoshis > gold > cash
February 10, 2022, 04:32:07 PM
EDIT: Currently selling for 14 BTC
Anyone interested in getting their hands on one of these coins? I purchased one from coblee as a result of this thread and would possibly be willing to part with it. I'll accept a little lower than coblee was asking.
Anyway, I thought I'd give a nice bump to this topic and give everyone a flashback from the past when you could sell an oz of gold for 14 BTC (or 100 BTC when coblee bought them!). A reminder of just how poor of a practice it is to try and value things in Bitcoin over time. I'd also of course happily accept an offer 14 BTC from anyone in the 1 BTC = 1 BTC crowd.
June 02, 2017, 03:20:04 PM
coblee did your price change or still the same? or whats the new current price for the coins?
April 26, 2017, 05:39:57 PM
beautiful coin save one for me I just cant afford it right now every thing is tied up in something big at the moment but I want one for sure
April 26, 2017, 06:29:06 AM
20 x 14 = 280BTC
That would be an epic return for these coins at current valuation.
That would be an epic return for these coins at current valuation.
Not really. I spent ~100 BTC on each.
If we consider 1oz gold = ~1BTC atm, were you able to buy 280oz of gold for the BTC value spent back when you purchased them?
So what is the current REALISTIC price for these coins?
These are unfunded so some of the quotes I have seen are really out there.
Any updated screens of these coins because all the links on the first page are "server error" when I clicked.
Thank you.
Dont know if he still is but i believe coblee is selling them for 14btc each. These are iconic coins and if i had the spare 14btc id probably pick one up
April 26, 2017, 06:10:24 AM
20 x 14 = 280BTC
That would be an epic return for these coins at current valuation.
That would be an epic return for these coins at current valuation.
Not really. I spent ~100 BTC on each.
If we consider 1oz gold = ~1BTC atm, were you able to buy 280oz of gold for the BTC value spent back when you purchased them?
So what is the current REALISTIC price for these coins?
These are unfunded so some of the quotes I have seen are really out there.
Any updated screens of these coins because all the links on the first page are "server error" when I clicked.
Thank you.
April 26, 2017, 05:01:06 AM
Hi, stopping by on a random visit to the forum.
Coblee's gold 1000 BTC Casascius coins are legit. They are 2factor. I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)? Without looking at my records, my eyeball's recollection was 20 to 30 coins. He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs). I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith. So that's why I made them available that way to Coblee. I am pretty sure I made no more than 50 of the gold coins.
Coblee's gold 1000 BTC Casascius coins are legit. They are 2factor. I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)? Without looking at my records, my eyeball's recollection was 20 to 30 coins. He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs). I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith. So that's why I made them available that way to Coblee. I am pretty sure I made no more than 50 of the gold coins.
That's amazing to hear it from your side and to see that you're still here watching some stuff
April 25, 2017, 10:05:24 PM
Hi, stopping by on a random visit to the forum.
Coblee's gold 1000 BTC Casascius coins are legit. They are 2factor. I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)? Without looking at my records, my eyeball's recollection was 20 to 30 coins. He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs). I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith. So that's why I made them available that way to Coblee. I am pretty sure I made no more than 50 of the gold coins.
Coblee's gold 1000 BTC Casascius coins are legit. They are 2factor. I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)? Without looking at my records, my eyeball's recollection was 20 to 30 coins. He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs). I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith. So that's why I made them available that way to Coblee. I am pretty sure I made no more than 50 of the gold coins.
Very cool, Thanks for verifying such a cool and unique collection. Are you still selling in-person?
Thanks!
April 25, 2017, 08:49:22 PM
Hi, stopping by on a random visit to the forum.
Coblee's gold 1000 BTC Casascius coins are legit. They are 2factor. I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)? Without looking at my records, my eyeball's recollection was 20 to 30 coins. He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs). I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith. So that's why I made them available that way to Coblee. I am pretty sure I made no more than 50 of the gold coins.
Coblee's gold 1000 BTC Casascius coins are legit. They are 2factor. I sold them to him when we met up in San Jose for one of the earliest Bitcoin conferences (I'd like to say May 2013)? Without looking at my records, my eyeball's recollection was 20 to 30 coins. He got the single largest delivery of the gold blanks that I had made up in the first place, and in exchange, I got a ride in his tesla (and some random looking digits added to this blockchain thing out there on the interwebs). I just didn't sell very many of the completed coin at the premium price I was asking, and the more 1000 BTC became worth, the more even trusting ("testing") the 2factor system for the 1st time with your hard mined 1000 BTC becomes a heartstopping leap of faith. So that's why I made them available that way to Coblee. I am pretty sure I made no more than 50 of the gold coins.
March 20, 2017, 05:16:29 PM
14 btc for 1 oz of gold?
Sounds like a sweet deal for the seller!
Frank Lefty Rosenthal Signing Out.
Sounds like a sweet deal for the seller!
Frank Lefty Rosenthal Signing Out.
March 20, 2017, 12:50:38 PM
Plans to offer X-mas Layaway?
Sure, a 20% deposit, and I will hold it for you.
March 20, 2017, 09:42:03 AM
Plans to offer X-mas Layaway?
March 08, 2017, 10:55:36 AM
Can you explain a little more about the 2factor arrangement.
Do you know both the private key and the password or just the password to the private key underneath? Who generated the private key? If it wasn't Mike, how was the information communicated?
Do you know both the private key and the password or just the password to the private key underneath? Who generated the private key? If it wasn't Mike, how was the information communicated?
How it works is that I have a passphrase in mind and I generated an intermediate code and gave that code to Mike. Mike cannot figure out the passphrase with that code, but he can generate private/public key pairs that can only be decrypted with my passphrase. He also gave me confirmation codes that I can use to verify that the passphrase matches the public key address on each coin. I will give that confirmation code to whoever buys the coin. This website is useful for generating and confirming BIP38 encrypted keys: https://bit2factor.com/
Although Mike doesn't know the passphrase, I used the same passphrase for all the 20 coins, so I have told the people that I sold the coins to. If Mike finds out what this passphrase is AND he kept the encrypted private key underneath the hologram for the coin, he would be able to derive the actual private key and steal any coins in there. I trust that Mike didn't do that. And if he did, there are a few 1000 BTC coins for him to steal.
That said, I wouldn't put any BTC in these coins myself. The BTC in it will be locked and can only be removed by peeling the hologram, which will destroy most of the premium of this coin. And if it makes the coin harder to resell.
March 08, 2017, 10:37:33 AM
Can you explain a little more about the 2factor arrangement.
Do you know both the private key and the password or just the password to the private key underneath? Who generated the private key? If it wasn't Mike, how was the information communicated?
Do you know both the private key and the password or just the password to the private key underneath? Who generated the private key? If it wasn't Mike, how was the information communicated?
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