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Selling Bitcoin at a Coin Shop! - YouTube
Channel: WHAT'S INSIDE? FAMILY
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[Applause]
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welcome back to what's inside family
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today it's me and lincoln we are hanging
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out in the office and we have some
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interesting things that we've had for a
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little while
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it's coins bitcoin it's not as cool as
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bitconnect
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but they're still pretty cool they are
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pretty cool we have about i don't know
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we got a bunch of these things and then
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we've got these real real gold coins
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these are real this one is from
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1927. whoa
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paramount presents wings the first movie
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to win an academy award for best picture
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yeah
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that's why it's in this little package
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and then we also have one right here
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that is from 1997.
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we have real gold coins these are from
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alaska well they're they're from the
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mint but they're from my father-in-law
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in alaska they're 50 coins but they're
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one ounce of gold so really the gold
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that it's made with is worth a lot more
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and i think today's price is probably
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around 1300 this is a bitcoin that we
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just bought on amazon because you cannot
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have an actual physical bitcoin it's
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just an internet currency yeah bitcoin
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is kind of interesting warren buffett
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came out today and said that he doesn't
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believe in cryptocurrency and thinks
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it's kind of a scam
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but today we're gonna do something
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interesting we're gonna take this
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bitcoin and we're going to take both of
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these gold coins and take them to a coin
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store
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and see how much cash they will give us
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yeah
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bitcoin right now is almost at ten
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thousand dollars whoa so it used to be
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like 25 right
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it just rained and it's like all steamy
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and cool check out the roads
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look at this hopefully you can see it on
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camera
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that is cool this doesn't happen here
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very often at my school they have like a
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rubber blacktop thing in it even after
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little rainstorms
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it just always steams up so i bet
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there's something
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there oh no
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i parked in a handicap
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no
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why
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i didn't see it
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[Music]
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so i've never been to this coin store
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before let's see how much cash we walk
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out of this with yeah we traded in our
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car for it we got two bitcoins for our
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car we figured it's it's gaining value
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all cars are depreciating will they give
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us actual cash for it
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yeah
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wow i hope so
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not a check because that would be cool
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if it was actually well well i guess
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we'll see i've never been to this coin
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store let's get some cash there it is
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here's the place
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coin box
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did you bring your sports cards no i
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didn't that's a gary vee used to trade
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when he was a kid your age cash money
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what the heck
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what they must have bought too much
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bitcoin now we go find another coin
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place because this one's out of business
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apparently people don't trade in coins
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these days
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oh oh here we go
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[Music]
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yeah
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okay
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this is it i don't know what they're
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gonna think about us bringing in this
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giant camera
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yeah let's go let's do it
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this is 24 karat gold paper money
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with lincoln on it yeah with lincoln
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look at this money
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that is so cool oh what
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knives look at that what is that
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it's like it has water in it all right
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this place is super cool they have all
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kinds of coins i think we're in the
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right place okay ready here's the first
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one
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pretty simple
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yep this is the modern one on
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gold eagle they go by the current gold
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spot okay how much they they are worth
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here's number two this is the old zen
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garden they have a 0.9675
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troy ounce of the gold a here less than
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one ounce so it's less than one ounce
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does it make it worth more valuable
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because it's older in certain day
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this one is a 1927
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fee
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let me check
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27p
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so this is one that we got from leslie's
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grandfather jack do you remember our old
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safe video that we cut open at safe he
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gave all of his grandkids gold coins
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because he had a bunch of gold coins and
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he collected a lot of things so we had a
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lot of collectible coins and things but
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there's a p next to it so there are
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different ratings and different serial
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numbers look at that that's from 1901
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it's 20 dollars
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whoa for a coin from that old
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wow
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that's cool
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that one's from 1883 where right there
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two dollars i bet if you go up more
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allowance from 1880
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1881 lowest mintage in the 20th century
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coin in the whole town
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four thousand dollars for this one yes
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wow it's just 1916 quarter dollar united
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states of america lincoln is our 1927
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coin gonna be worth more than an ounce
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of gold
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no it's gonna be less
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1300 that's how much they were 1300 yeah
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for that and these
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how much they are worth will be
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13.25 this is 25 more than this one
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man
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so this with its fancy packaging so this
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one is less is less money yeah you're
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right lincoln all right one last coin
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for you
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how much is this bitcoin worth
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in newsmatic speaking
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worth nothing
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enough yeah
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so i can't get ten thousand dollars for
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a bitcoin
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they are just a digital of the number
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bitcoin have you had anybody try to sell
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you bitcoin before all the time scam
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it was bitcoins worth nineteen thousand
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dollars would you take five grand for it
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no
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bitcoin is internet currency it doesn't
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have a physical coin it's a bunch of
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numbers okay so what's the process if we
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want to get cash for these two okay now
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i tell you what i pay
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13 and 12 40. do you have cash to give
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us
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there you go 1300
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thank you let's go get some ice cream
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ice cream that's a lot of ice cream
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it looks so cool on the 100
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okay
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okay check it out make sure it's still
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it's okay all right lincoln drop the
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coin but now we're no you dropped it
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give him one of the hundreds because we
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just yeah you just dinged his coin all
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right let's get out here before you
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break anything else come on okay we got
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it we got our money we got our cash
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we're gonna keep the one gold coin
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because it was given by
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leslie's grandfather who passed away and
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it's kind of nice to have that but we
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couldn't fool him on our bitcoin we
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couldn't do it
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all right now it's time to go home and
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uh talk about our trip a little bit that
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was really funny we got your cash
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linking let's see we should go eat some
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ice cream with this
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hi can i get uh
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two
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chocolate large frosties
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hundred pound beers
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in this video we've talked a lot about
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money and cryptocurrencies today's video
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when lincoln and i went to shanghai for
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our gold play button trip
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we tried to get on the internet and
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watch youtube videos and our internet
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was blocked we because in china they did
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not allow us to go to certain websites
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and watch certain things if we would
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have had nordvpn we could have logged
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[Music]
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or you can just go to the website and
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use our code which is what's inside fam
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we are going to be safe with our money
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and safe with our online security now
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because of this
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stay tuned for our travels it's gonna be
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fun
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bye
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