Post
Topic
Board Collectibles
Re: Buying Physical Bitcoins
by
owlcatz
on 04/04/2016, 21:34:56 UTC
Thanks. I just read about the grading scale. Almost like diamonds hehe.

So are those prices justified? If not, what is the price you'd pay?

Both are Silver

Not justified. An ounce of silver is €13/$15 or so. You can buy physical silver from traders at about 40-45 silver ounces for the price of one of those BTC ounces. A single ounce would be about €16.

No, the weight of whatever metal in the coin does not matter so much (unless it's gold) for the price - there are many other factors that determine the value of any particular coin, and that applies to all coins, bitcoin-related or not.


I agree with you there, but aren't the Casascius coins rare? No value for that?

Yes, they are going to be rare, and that is the primary reason the coins have a higher markup, despite the grade in most cases.

Monkeynuts here knows what's up: - https://bitcointalk.org/index.php?topic=1364089.0

Casascius Silver ANACS 2013 MS-64 Bit coin 0.1 BTC Loaded - 500

Casascius Silver ANACS 2013 MS-67 Bit coin 0.1 BTC Loaded - 675

^^ These two coins are a bit different- the silver tenths are fairly rare, so they have a higher markup than the 1 BTC coins. The prices are a bit high, but I would expect that if you saw them on ebay or somewhere else than here.