Stack's Bowers Galleries

Spring 2023 Auction  –  20 - 25 March 2023

Stack's Bowers Galleries, Spring 2023 Auction

Live Sessions: U.S. Coins and Currency

Part 1: Mo, 20.03.2023, from 6:00 PM CET
Part 2: Tu, 21.03.2023, from 4:00 PM CET
Part 3: Tu, 21.03.2023, from 11:00 PM CET
Part 4: We, 22.03.2023, from 4:00 PM CET
Part 5: We, 22.03.2023, from 9:00 PM CET
Part 6: Th, 23.03.2023, from 5:00 PM CET
Part 7: Th, 23.03.2023, from 7:00 PM CET
Part 8: Fr, 24.03.2023, from 5:00 PM CET
Part 9: Fr, 24.03.2023, from 10:00 PM CET
The auction is closed.

Description

Unfunded 2012 Casascius "Bitnickel" 5 Bitcoin. Series 1 and Series 2 Type. Nickel Plated Brass. MS-67 (ICG).
Unfunded and non-loaded. This is an exciting opportunity to own this large denomination issue with a face value of 5 BTC. The surfaces display satiny luster and a blend of pewter-gray and platinum-white coloration depending on the lighting. Interestingly, the weakness at the motto VIRES IN NUMERIS on the obverse is seen on virtually all examples from these series. An Unfunded MS-65 example sold for $4,800 in our April 2022 sale and we expect even stronger interest in this Superb Gem MS-67 example. We also had the pleasure of selling a Loaded example in our August 2022 sale which sold for $132,000 and set a new record for the most valuable crypto coin ever sold by our firm. According to researcher Elias Ahonen, the Series 1 Casascius 5 BTC funded coins were released in January 2012 with an issue price of 6 BTC, amounting to around US$33 at the time. They were initially released with a gold-colored hologram but a silver-colored hologram was introduced for Series 2 circa April 2012. Mike Caldwell, the creator of the Casascius series, eventually released an unreported quantity of unfunded "bitnickel" planchets for enthusiasts to fund on their own. Public Address: Unavailable

Estimate: $300

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Bidding

Price realized 2'000 USD
Starting price 1 USD
Estimate 300 USD
The auction is closed.
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