Stack's Bowers Galleries

Winter 2022 Showcase Auction  –  27 October - 4 November 2022

Stack's Bowers Galleries, Winter 2022 Showcase Auction

U.S. Coins and Currency

Part 1: Th, 27.10.2022, from 6:00 PM CEST
Part 2: Fr, 28.10.2022, from 6:00 PM CEST
Part 3: Tu, 01.11.2022, from 5:00 PM CET
Part 4: Tu, 01.11.2022, from 10:00 PM CET
Part 5: Tu, 01.11.2022, from 11:00 PM CET
Part 6: We, 02.11.2022, from 4:00 PM CET
Part 7: We, 02.11.2022, from 9:00 PM CET
Part 8: Th, 03.11.2022, from 5:00 PM CET
Part 9: Th, 03.11.2022, from 10:00 PM CET
Part 10: Fr, 04.11.2022, from 6:00 PM CET
Part 11: Fr, 04.11.2022, from 11:00 PM CET
The auction is closed.

Description

Redeemed 2013 Casascius 0.5 Bitcoin (BTC). Firstbits 124JkRDF. Series 2. Brass. 25.4 mm. MS-65 (PCGS).

This is a redeemed cryptocurrency coin that does not contain any actual cryptocurrency. A medley of honey gold and olive gold shades accent the pristine surfaces of this lovely Gem. Notably, this example is housed in a single 2-coin PCGS holder with the coin itself encapsulated at the left and the hologram sticker encapsulated in the right of the holder. This allows for an incredibly intimate inspection of the hologram and the private key that is typically hidden beneath the sticker when installed on the coin. Also visible is the lobed cutout of the private key pit on the coin which was a new innovation for this series. According to researcher Elias Ahonen, the Series 2 0.5 BTC were released on February 17th 2013 in response to the significant increase in the price of bitcoin, from around US$14 to around US$30, in just a few weeks. While a staggering increase in value at the time, bitcoin has more recently achieved a high of around $68,000 in 2021. A similar Redeemed 2013 0.5 BTC sold for $2,040 in our June 2022 sale graded MS-64 by ICG. The present MS-65 (PCGS) example offers clearly superior quality and should generate tremendous excitement among bidders. Just 2 coins rank higher at PCGS.

PCGS# 902816.

PCGS Population: 2; 2 finer.

*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.

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Bidding

Price realized 550 USD
Starting price 1 USD
Estimate 400 USD
The auction is closed.
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