Post
Topic
Board Collectibles
Re: [25% OFF SALE!] Rarest sub-500 BTC Casascius coin for sale! Mintage of only 45
by
nubbins
on 03/12/2013, 23:00:01 UTC
Trying to get rich off something not worth even half of that. If there was a way to make a wager against this selling for 5 BTC or more, I would for surely accept that. However, I could not since obviously you could just make a new account and "sell" it to them. Just because something is low numbered or a 1 of 1 doesn't mean its worth 20x its face value. I can show you many "extremely rare" baseball autograph jersey cards that fit this description for example. Your coin and its rarity is worth 2.5-3.5 BTC tops.

My BTC0.02

Hey imardern, thanks for replying!

You could always attach some conditions to the wager, I suppose, but the point remains (and is duly noted).

One of the problems with low-mintage, high-ticket items like Casascius coins is that the buying market is pretty thin -- it's difficult to get a sense of the true worth of an item when it's out of reach of the majority of interested buyers.

I will note that I have sold one of these coins for more than the range you suggest, although just one! While I haven't yet had any bites at 10 BTC, I'm looking forward to seeing what happens to prices long-term. I'm in no urgent rush to sell these, so stay tuned, I guess, and we'll hopefully figure out what people are willing to pay for these Smiley