Post
Topic
Board Collectibles
Re: CASASCIUS Bitcoin auction/sale. (1BTC)
by
Spoona1
on 10/01/2021, 22:40:32 UTC
You can auction it off in this section with a reserve price you have in mind. Be sure to use a trusted escrow though when selling.

Here's an ongoing auction for one of the Casascius coins from the same year:
https://bitcointalk.org/index.php?topic=5307335.0

Perhaps post a picture of the front/back of the coin with your username as a proof that you indeed have possession of the coin and it's in mint condition.
Thanks for the response, appreciated. I’ll need to research the trusted escrow topic as I have no clue how this works. Any pointers?

Being a newbie, if problems arise you might find yourself having to go the extra mile to prove your side of the story. For that reason you may want to use an escrow agent like minerjones who will let you ship the coin to him. That way your newbie status won’t make any potential issues a nightmare for you.

You may also want to look at the price your coin is getting at auction and weigh if it’s worth it for the extra bucks to ship it instead of peeling and claiming the coins. With the peeled coins also being able to be sold for a decent price, you wouldn’t lose too much money claiming yourself and selling the peeled coin, but it would be magnitudes less risky.
Thanks for the advice, really appreciate it.  Do you know what sort of money the used coins are fetching? Also what is the best company /wallet to use to redeem the coin?