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 1 Bitcoin (BTC). Firstbits 1348SSSK. Series 2. Brass. 25.4 mm. MS-65 (PCGS).

This is a redeemed cryptocurrency coin that does not contain any cryptocurrency. With Loaded examples selling for as much as $69,000 in recent sales, this Redeeemed example represents an incredible value and significant rarity for those looking for an entry into this category. A similarly redeemed 1 Bitcoin sold for $1,740 in our April 2022 sale and we have seen tremendous growth in this category since then. As a redeemed piece, the holographic sticker on the reverse has been peeled away and replaced, revealing the honey-comb pattern that serves as a security feature. According to researcher Elias Ahonen, the 2013 Series 2 1 BTC was "the first to have a 'lobe' cut into the private key pit in order to help stabilize the private key and first-bits during assembly, as they often appeared crooked in older coins." This lobe remains visible beneath the hologram on this important specimen.

PCGS# 902225.

PCGS Population: 5; 1 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 480 USD
Starting price 1 USD
Estimate 400 USD
The auction is closed.
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