Topic: [WTS].1 BTC casascius silver MS-68[closed] 3.5btc OBO - page 3. (Read 3902 times)

Back on topic tho... the Lealana's.  Are any of those 68's a gold holo?  Do you also have serial #'s on the three?

In the "normal" coin collecting world, ANACS is not very well trusted, and in general their grades are consistently seen inferior to the "big two" - PCGS and NGC.  Unfortunately for now, ANACS is the only game in town for Bitcoin related tokens.  That may change if there's enough volume being seen in these series, enough so that the other guys see enough of a revenue stream possibility to make it worth their while.

Grading disparity is an issue across the board, not just to ANACS.  Even with PCGS I've seen many Ike's come out of them which should be a grade lower than what is on the slab, given what may have come out just 6 months prior.  Visible nicks, scuffs, etc in the prime areas which should drop at least half a point grade are in some cases being ignored.  And, with the backlog and turnaround times what they are, it's become an assembly line to get the coins in and out as fast as possible, so they may not be examined as thoroughly as they used to be.

I'm not at all surprised to see the grades trending higher.  Higher grades mean higher resale prices.  It also means more people resubmit coins chasing that higher grade, which benefits the grading companies.

Yes... start to get a reputation  

I have an MS65 with an actual clod of dirt on it.

If they become too liberal with their ratings then they may start to get a reputation of being inaccurate and people will not trust their ratings.

Surely they wouldn't do such a thing. It would increase the number of coins being sent in for grading, which they obviously do not want.

I almost bought a roll of 0.1s, but figured 0.45 each was too expensive. 

It seems that I found the link, however I see that you also edited your post to include it. I am not sure why I couldn't find it earlier, maybe I was expecting for a thread to contain the denomination, or maybe I was expecting the coin to be blazedout's. I am also not sure why I don't remember the thread.

If your buyer really didn't want the sales price to be revealed, then he didn't do a very good job at hiding it. It seems that it was publicly announced as to who you struck a deal with (monkeynuts), and it was on February 4 that he confirmed the receipt of the coin. According to the trust rating he left you the same day he confirmed the receipt of the coin, no digital value was traded, which implies it was for a trade, and the amount risked was 4BTC, which implies what he gave you was valued at 4BTC. The trust feedback that you left him said that you traded the coin for a Cryptolator #1 set.

After a review of your thread, it looks like you initially said that you would accept a MS67 Silver+gold single casascius plus 1BTC, which would put your asking price at roughly 4.5BTC. Later you said you would accept a roll of lealana funded (I assume non-buyer funded) .1 BTC silver plus 1BTC, and based on the current high bid for a similar roll, that would put the asking price of the coin the same.

Even though there have been more MS68 casascius coins recently, I still think a MS68 tenth will hold significant value.

I was thinking of having a starting price of roughly 5BTC, although I would obviously consider offers. I would probably also wait some amount of time after I receive my first offer to give other sufficient time for someone else to make a better offer.

If either party wanted me to delete the information regarding the price of the previous coin, such information will self destruct, although you probably should edit/delete posts and trust if you want it to be truly secret

As far as I remember, Miffman's Ms-68 was the first such grade for any Cas coins and therefore went for quite a high premium. Although MS-68 and above is very rare, it's no longer unheard of so I wouldn't expect to get an offer like he got (although he won't disclose it at the buyers request). It's interesting how until now the highest grade was an MS-67 but in the last month alone with had quite a few MS-68s and even a couple MS-69s appearing on here. Could ANACS be changing their grading system and becoming more lenient?

The buyer asked me not to reveal the selling price.

I did sell it here. I'm fairly sure because...I sold it here lol. Rather search for 'MS68' and look for my username somewhere. If you still can't find it, I'll send a link.

Here we go: https://bitcointalksearch.org/topic/wts-the-first-ms-68-casascius-coin-sold-911883

Are you allowed to reveal the sales price of the coin, either on this thread or via PM? I would be curious to know to use it as a starting point.

I am fairly certain that you did not sell it on here publicly because I looked for threads of MS68 tenths and could not find any

Your source is wrong I had the first MS68 tenth and I sold it. Which is why it interested in the sales price of this if you sell it.

FWIW, the coin in question was one I got from you

I've still got a couple ungraded ones...  Very high quality to my untrained eye.  I think I will hold out on selling any more until someone makes me an offer I can't refuse. 

Didn't you have a MS-68 tenth also?

Based on my source, the other person who owns a casascius tenth MS68 has not sold it, so I don't think there is any existing sales data available is going to be available. If I do end up receiving an offer high enough to allow me to not keep it in my collection, then I would keep the sales price a secret if that was the buyer's wish.

this is probably the thread you were referring to. The tenths are a very rare coin, as you mentioned, there are a very limited mintage of them. It is also somewhat rare for the tenth to get a grade above MS66. AFAIK, this is only the 2nd casascius tenth with a MS68 grade!

You're not the first but it's the best grade for a tenth atm. I'm interested in the price since the last MS68 tenth sale.

There's a thread on this forum that catalogs what people have paid and what grades people have gotten for these coins (for all Casascius coins). I just tried to search for it but couldn't find it...I bet you could find it if you have the time to snoop around.

These tenths are an allusive group of coins, only 800 minted and ~790 active!

How many of these coins are in "safe keeping storage" right now and how many have been tossed aside, to never be seen again?

So I guess this is the 2nd one out there? Or did two come back like that?

Yes and Yes...