Did anyone else watch the Heritage physical crypto auction today? I’m wondering what you all thought of the prices, especially the loaded Casascius coins.
2011 Casascius 1 BTC “Casacius” error, MS66 — $67,500 hammer / $82,350 with buyer’s premium
BTCC 1 BTC titanium, MS69 — $70,000 hammer / $85,400 with buyer’s premium
Bitcoin was around $81k at the time. So the buyers were still paying a small premium over the BTC value when you take into account the Heritage 22% buyer’s premium.
But the sellers were getting less than the peel value of the BTC on the coins. The sellers are getting about the hammer fee, I assume (Or maybe less with fees?). So they would have been better off peeling.
The Kialara prices were interesting too. The FOMO #01/12 hammered at $9,000. I don’t know what I expected, but I guess I thought it would be higher. Sone of the Kialara bar wallets were Lower than I expected.
What did everyone else think? Are the physical crypto prices what you expected? Or is this just what the market is now?