Stack's Bowers Galleries

Summer 2022 Global Showcase Auction  –  22 - 28 August 2022

Stack's Bowers Galleries, Summer 2022 Global Showcase Auction

Live Sessions: U.S. Coins & Currency

Part 1: Mo, 22.08.2022, from 6:00 PM CEST
Part 2: Tu, 23.08.2022, from 6:00 PM CEST
Part 3: Tu, 23.08.2022, from 9:00 PM CEST
Part 4: We, 24.08.2022, from 10:00 PM CEST
Part 5: Th, 25.08.2022, from 5:00 PM CEST
Part 6: Th, 25.08.2022, from 10:00 PM CEST
Part 7: Th, 25.08.2022, from 11:00 PM CEST
Part 8: Fr, 26.08.2022, from 12:00 AM CEST
Part 9: Sa, 27.08.2022, from 5:00 PM CEST
Part 10: Sa, 27.08.2022, from 11:00 PM CEST
The auction is closed.

Description

2017 Satori "Poker Chip" 0.001 Bitcoin (BTC). Loaded. Pre-Fork. Serial No. 025542. Plastic. 40 mm. MS-69 (ANACS).
This is an active and loaded cryptocurrency coin containing 0.001 BTC. Released in Japan in 2016, the Satori series was intended to generate more awareness about the bitcoin technology in a fun and accessible way. The low face value was also a deliberate choice to discourage use in illegal markets like the drug trade or terrorism. A similar example of this issue sold for $2,400 in our June 2022 sale, indicating extremely strong demand among collectors. The obverse features an ornamental Bitcoin currency symbol at the center with decorative patterns surrounding. Cryptocurrency researcher Elias Ahonen, a.k.a Cryptonumist, reveals the symbolism in these patterns in explaining that “the outer blue bars and teal knots circling the inner square represent the blockchain, and the sunrays reaching through the central ‘box’ allude to ‘thinking outside the box’.” Also featured is the quote “Value does not exist outside the consciousness of man” from Austrian Economist Carl Menger. The reverse features a holographic sticker which shows the denomination and the serial number. Once peeled, the holographic sticker reveals a QR code which will allow the owner to redeem the cryptocurrency and load it onto their digital wallet.*Public Address: 175PBYh7VoKPcMy4KC73LTvC7S4LxSTFAZ
*Loaded cryptocurrency coins will be reserved at their intrinsic cryptocurrency value on the day of the sale. Lots realizing $25,000 or more will be delivered via armored carrier ONLY. An additional shipping charge of five hundred dollars [$500] will be applied to domestic armored carrier deliveries, with additional fees for remote and international deliveries. Winning bidders may also pay their invoice via BitPay for a 1% fee after authorization by Stack’s Bowers Galleries prior to the sale. Additional terms and conditions apply.

Question about this lot?

Bidding

Price realized 300 USD
Starting price 1 USD
Estimate 1'000 USD
The auction is closed.
Feedback / Support