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The title says it all really.
The problem is that the values involved are so high that All sorts of issues arise.
So I’m thinking my choices are basically just redeem them (But that seems a real shame) Or a numismatic commercial auction Or selling here (But I’m just wondering whether at these value levels it’s practical to do an online sale)
Thanks all
The problem is that the values involved are so high that All sorts of issues arise.
So I’m thinking my choices are basically just redeem them (But that seems a real shame) Or a numismatic commercial auction Or selling here (But I’m just wondering whether at these value levels it’s practical to do an online sale)
Thanks all
Just my 2 bits here as I was in a similar position for a long time. Every week or so I was on the fence. In the end a highly respected member of this forum gave me his advice when I asked and it went something like this and I'm paraphrasing here but ....
"The longer that goes by the more it becomes like Schrodinger's cat meaning basically ya never know might go wrong even with zero malice intent from the makers". So I ended up peeling most items. That's a lot of money so I feel your pain although hey it's a great pain to have. All the best regardless of what you choose!
iBitcoinHongKong8
Re: BTCC rare redeemed items Interest check: 12.5BTC Block, 5BTCC coins
Hi All,
Wow sorry about not checking in on my own thread but after the first few days nothing happened in this thread and it nearly hit page 2 and I just received PMs only. My bad. Lemme PM folks here who are asking for PMs. That's my fault entirely regardless I should have confirmed my own thread activity or inactivity etc....
iBitcoinHongKong8
Wow sorry about not checking in on my own thread but after the first few days nothing happened in this thread and it nearly hit page 2 and I just received PMs only. My bad. Lemme PM folks here who are asking for PMs. That's my fault entirely regardless I should have confirmed my own thread activity or inactivity etc....
iBitcoinHongKong8
BTCC rare redeemed items Interest check: 12.5BTC Block, 5BTCC coins
Redeemed Rare BTCC Items with nearly flawless Holograms Intact on all items. Full box with brochure, etc....More in detail pics available to serious inquiries. I have other items as well but these are the rarest of my collection. So let me know if your interested via PM and we can discuss details etc...
iBitcoinHongKong8
iBitcoinHongKong8
Re: 10 BTC Casascius up for auction on Stacks Bowers
⭐ Merited by krogothmanhattan (1)
Has there ever been a Casascius with an unreadable private key? I know the earlier private keys are alphanumeric format...so those would not worry me too much compared to a qr code.
Also with the private key being under the hologram, the paper and ink are protected from any exposure to humidity and light....especially light since that would fade away ink over time. I have stamps that are over a 100 years old and still in great shape. Especially of stored in an environment with low humidity and no light.
Also with the private key being under the hologram, the paper and ink are protected from any exposure to humidity and light....especially light since that would fade away ink over time. I have stamps that are over a 100 years old and still in great shape. Especially of stored in an environment with low humidity and no light.
Speaking from personal experience, I have had hundreds of Casascius coins pass through and every redeemed one/DEMO coin have never shown any degradation in terms of the private key
Adding to that, I have only ever seen one instance of a Casascius hologram having some sort of degradation... but I imagine this is due to the extensive transfer of it via shipping and storage at different humidity and temperature levels
Thanks for sharing...another thing I forgot to mention about my 100 plus year old stamps....is that these stamps also have a sticky substance on the back we call the gum...SO imagine having this gum that when wet allows the stamps to stick to envelopes on the stamp paper, and even then they are in pristine condition....also stamps that were use thru the postage system on envelopes are still intact as well.
Under the hologram is like encapsulating your paper away from the elements and the light....even better!
I also see down the line, the BTC from Cas coins and Bitbills...2011 era will itself be a collectable BITCOIN separating itself from the later Bitcoins mined.
So please keep on peeling them cas coins ye all...makes mine rarer.
This is a great point about stamps lasting for so long. I'd like to add the few Cas and BTCC items I peeled not one of them had any issues whatsoever with me redeeming. Everything was beautifully intact and easy to read/redeem.
iBHK8
Re: 10 BTC Casascius up for auction on Stacks Bowers
Disappointing to see the 10 BTC go for the loaded value. Probably not the best timing given the sentiment around BTC and the broader financial markets.
A long held, but controversial, opinion of mine is that we will see the high load value coins (like the Cas 25 or even 10) trade at less than face value at some point. There are risks such as a private key being illegible over time, the hologram has been tampered with, etc which will be priced in as the USD value of the coins increase.
iBHK8
Re: 10 BTC Casascius up for auction on Stacks Bowers
Sold price of $312k, seems decent, except when you consider we're likely one good bull run away from this being a $ million coin.
It sold for 260k then add the 20% SB takes. So for everything you see on the sales page minus 20% for the actual sale price. Lower denominations did quite well.
iBHK8
Re: [FREE RAFFLE] 523rd ฿ECAUSE I AM STILL IN A GOOD MOOD-CYPHER HODL LOADED BALLET
8 - iBitcoinHongKong8
Thanks brother!
iBHK8
Thanks brother!
iBHK8
And we have a winner!
https://mempool.space/block/00000000000000000003d039254ded5ee12f66972832b3a3b2964eb1169a308e
The blocks finally reached out and grabbed a winning number.
Please reach and out tell me what you want me to do....
Free shipping in the USA to you or MJ. Overseas you will need to cover or I can ship to MJ for free then you pay from there on
Thanks to the rest for participating and will see you for the next free raffle soon ye all!!
Sweeeeeeet!
Thanks so much. Will reach out with my details soon. Thanks again as this is awesome. iBHK8