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Topic: [WTS] Unfunded Casascius 1000BTC 1oz gold coin to celebrate gold parity! (Read 3964 times)

legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490


I am pretty sure I made no more than 50 of the gold coins.

and 25 of them in that one pic by @coblee
hero member
Activity: 796
Merit: 519
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.
legendary
Activity: 3794
Merit: 1418
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  Grin

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
legendary
Activity: 2366
Merit: 1048
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?
copper member
Activity: 186
Merit: 111
₿IT VIP COINS CEO
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

Do you have a ruff idea how many unfunded gold coins Mike Caldwell made?
copper member
Activity: 16
Merit: 0
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  Grin
copper member
Activity: 1239
Merit: 250
1btc = 100 million satoshis > gold > cash
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
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.  Smiley

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.  Cheesy
full member
Activity: 235
Merit: 100
coblee did your price change or still the same? or whats the new current price for the coins?
legendary
Activity: 1168
Merit: 1009
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  Grin
legendary
Activity: 3794
Merit: 1418
20 x 14 = 280BTC

That would be an epic return for these coins at current valuation.   Smiley

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?
Exactly.
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
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
20 x 14 = 280BTC

That would be an epic return for these coins at current valuation.   Smiley

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?
Exactly.
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.
legendary
Activity: 2828
Merit: 1222
Just looking for peace
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.

That's amazing to hear it from your side and to see that you're still here watching some stuff Smiley
legendary
Activity: 1272
Merit: 1012
howdy
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.

Very cool, Thanks for verifying such a cool and unique collection. Are you still selling in-person?

Thanks!
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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.
full member
Activity: 154
Merit: 100
A.K.A. Ace Rothstein
14 btc for 1 oz of gold?

Sounds like a sweet deal for the seller!


Frank Lefty Rosenthal Signing Out.
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
Plans to offer X-mas Layaway?  Grin

Sure, a 20% deposit, and I will hold it for you.  Smiley
legendary
Activity: 1272
Merit: 1012
howdy
Plans to offer X-mas Layaway?  Grin
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
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?

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.  Smiley

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.
hero member
Activity: 679
Merit: 526
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?
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
What's the price you would consider selling it for, including shipping? Is anything lower than 14BTC acceptable?

I've already sold a few coins at this price. So I know it's reasonable. But I will entertain offers over PM.
hero member
Activity: 896
Merit: 508
What's the price you would consider selling it for, including shipping? Is anything lower than 14BTC acceptable?
full member
Activity: 235
Merit: 100
how much is it going for? i need at least 5

Why would you need 5?  Smiley

Haha, "I need 5" of the 5 that were originally funded and available? Hahaha.

(I realize that Coblee's set and others were created on special order)

LOL 5 funded would be over 5mil

was expecting less than the price op asked for. but its still a good piece
hero member
Activity: 1106
Merit: 638
how much is it going for? i need at least 5

Why would you need 5?  Smiley

Haha, "I need 5" of the 5 that were originally funded and available? Hahaha.

(I realize that Coblee's set and others were created on special order)
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
how much is it going for? i need at least 5

Why would you need 5?  Smiley
sr. member
Activity: 845
Merit: 267
full member
Activity: 235
Merit: 100
how much is it going for? i need at least 5
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
legendary
Activity: 2702
Merit: 1072
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?

Yes, but I used BTC at the time to buy these coins. If I had kept the BTC, I would have been 10 times better off.

Dang I would have thought the opposite.   Shocked

In any event, they are extremely unique and good luck recouping value from the coins.
legendary
Activity: 1722
Merit: 1000
Nice coins you got there, 1000 BTC Casascius Goldies!  Shocked Smiley

Original cost 100 BTC each... Ouch!

If I could afford I'd get one, nice pieces.
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
FYI, these coins have BIP38 encryption on the keys where Mike Caldwell doesn't know the password. So the funding address will not be in the list of pre-generated addresses Mike created. So none of the trackers will be able to track these coins.
hero member
Activity: 1106
Merit: 638
I am waiting for HabBear to show up and offer escrow services...

Well played. Haha.

In honor of the gold parity I recuse myself from the selection of aspiring escrow proprietors available on this forum. I must insist that I not get involved. Don't even think about asking me.

Psych. If the OP was offering a transaction here, I probably would have.


hero member
Activity: 1106
Merit: 638

He offered these unfunded.  There were only 5 coins sold funded in which you are talking about.  Gotta question though how many unfunded coins were sold

This is why using spotcoins as a reference does not work......

Why? Spotcoins is accurate with the number of coins minted that were funded, which is consistent with all the other coin types the post numbers on.

They don't post any numbers on the blanks, slugs, or that St. Petersburg coin.

As long as Spotcoins links to Mike's Uberbills tracking site, the counts are accurate and reliable. If you wanted to test it, though, redeem one of your coins and let's see if the number redeemed goes up!  Wink
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
20 x 14 = 280BTC

That would be an epic return for these coins at current valuation.   Smiley

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?

Yes, but I used BTC at the time to buy these coins. If I had kept the BTC, I would have been 10 times better off.
legendary
Activity: 2702
Merit: 1072
20 x 14 = 280BTC

That would be an epic return for these coins at current valuation.   Smiley

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?
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
20 x 14 = 280BTC

That would be an epic return for these coins at current valuation.   Smiley

Not really. I spent ~100 BTC on each.
legendary
Activity: 2702
Merit: 1072
20 x 14 = 280BTC

That would be an epic return for these coins at current valuation.   Smiley
legendary
Activity: 3066
Merit: 1757
I am waiting for HabBear to show up and offer escrow services...
legendary
Activity: 3794
Merit: 1418
can you clarify this coblee?
these are coins made by mike or fake  ?
i've thinked always that mike only emitted 5 of these, and 3 are redeemed
http://www.spotcoins.com/bitcoin/casascius/variety/1000-btc-1oz-gold
Huh?
thanks

He offered these unfunded.  There were only 5 coins sold funded in which you are talking about.  Gotta question though how many unfunded coins were sold
legendary
Activity: 2828
Merit: 1222
Just looking for peace
can you clarify this coblee?
these are coins made by mike or fake  ?
i've thinked always that mike only emitted 5 of these, and 3 are redeemed
http://www.spotcoins.com/bitcoin/casascius/variety/1000-btc-1oz-gold
Huh?
thanks

The set of these were specially unfunded by mike and i owned by coblee
he has sold one coin which has broken the set and is ready to sell more
hero member
Activity: 640
Merit: 500
interested to BUY CASASCIUS
can you clarify this coblee?
these are coins made by mike or fake  ?
i've thinked always that mike only emitted 5 of these, and 3 are redeemed
http://www.spotcoins.com/bitcoin/casascius/variety/1000-btc-1oz-gold
Huh?
thanks
legendary
Activity: 1260
Merit: 1010
Fantastic  Cool I see the photo of this COIN simply beautiful!!!!
legendary
Activity: 3794
Merit: 1418
Yes, it was hard to sell one, but the price was too good. Now that it is broken, i will sell the rest. Maybe keep a few for myself. Make me an offer, but the market price has been set. 😀 And I'm in no hurry to sell them.

PM sent
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
Yes, it was hard to sell one, but the price was too good. Now that it is broken, i will sell the rest. Maybe keep a few for myself. Make me an offer, but the market price has been set. 😀 And I'm in no hurry to sell them.
hero member
Activity: 2268
Merit: 960
100% Deposit Match UP TO €5000!
I cant believe you only sold one out of them, you gotta get a new case made now! Do you plan on selling anymore?
jr. member
Activity: 44
Merit: 2
Thanks a lot! Coblee was a great guy and very patient during the drawn out meeting(I'm a bit of a technical noob).
legendary
Activity: 3794
Merit: 1418
so when you adding XMR? trying to work out if its worth buying smoothies XMR sets.....

Yeah coblee i know its not the venue but when can we expect xmr on coinbase?
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
so when you adding XMR? trying to work out if its worth buying smoothies XMR sets.....
legendary
Activity: 3794
Merit: 1418
Sure, you have 14 BTC? 😀

Guess thats the lowest huh.  I would rather have one of these actually than a loaded 10cas so its tempting
sr. member
Activity: 845
Merit: 267
I remember very nice, that is a cool parity !  refresh my memory where did you get the coins from? you had them made?
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
Sure, you have 14 BTC? 😀
legendary
Activity: 3794
Merit: 1418
Holy wow.  Coblee you offering anymore up for sale?
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
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
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