2015 Anarcoins "Goxxed" Bitcoin-Themed Medal. Anniversary Edition. Serial No. 70. Silver-Plated Alloy. 39 mm. MS-67 (ICG).

This is a bitcoin-themed medal and does not contain any actual cryptocurrency. Attractive and well produced with a lovely pale silver surface and bold enameling to the design elements. These coins were produced specifically to "commiserate" the catastrophic collapse of the Mt. Gox bitcoin exchange based in Tokyo, Japan. Specialist Elias Ahonen notes that the collapse of this exchange resulted in a loss of about "7% of all bitcoins ever created...and over 10% of all the circulating bitcoin...at the time being lost." Based in the UK, Anarcoins is run by Jonathan Frammingham who is also a recognized author within the physical cryptocurrency community. Their initial "Goxxed Again" coins were was released in 2014 with a mintage of 500 pieces and struck in .999 fine silver. One year after the February 2014 shutdown of Mt. Gox, Anarcoins released a second batch of these "Anniversary Edition" coins with low mintages of only 80 each for the gold-plated alloy and silver-plated alloy versions. These remain tightly held by collectors and are seldom seen on the secondary market. This offering represents an historic an elusive opportunity to acquire one of these rare medals for your own collection. Mt. Gox was established in 2010 and had grown to handle 70% of worldwide bitcoin transactions by early 2014. Following extended delays for withdrawing funds and tremendous complains from clients, the exchange began to collapse over the course of February and March 2014. It was eventually revealed that 850,000 BTC valued at approximately $470,000,000 had been lost by the exchange. Specialist Elias Ahonen notes that this represented about "7% of all bitcoins ever created...and over 10% of all the circulating bitcoin...at the time being lost." During this period, the price of bitcoin itself declined about 36%. The collapse of Mt. Gox is considered a pivotal event in the history of cryptocurrency and efforts to compensate the direct victims of the collapse remain ongoing.

*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.