Stack's Bowers Galleries

August 2023 Global Showcase Auction  –  14 - 21 August 2023

Stack's Bowers Galleries, August 2023 Global Showcase Auction

Live Sessions: Ancient and World Coins, Currency

Part A: Mo, 14.08.2023, from 6:00 PM CEST
Part B: Tu, 15.08.2023, from 6:00 PM CEST
Part D: Tu, 15.08.2023, from 6:00 PM CEST
Part 2: Tu, 15.08.2023, from 9:00 PM CEST
Part C: Tu, 15.08.2023, from 10:00 PM CEST
Part 3: We, 16.08.2023, from 5:00 PM CEST
Part 4: We, 16.08.2023, from 7:00 PM CEST
Part 5: We, 16.08.2023, from 10:00 PM CEST
Part 6: Th, 17.08.2023, from 12:00 AM CEST
Part E: Th, 17.08.2023, from 6:00 PM CEST
Part 7: Th, 17.08.2023, from 8:00 PM CEST
Part 8: Fr, 18.08.2023, from 5:00 PM CEST
Part 9: Sa, 19.08.2023, from 1:00 AM CEST
Part 10: Sa, 19.08.2023, from 5:00 PM CEST
Part F: Mo, 21.08.2023, from 4:00 PM CEST
The auction is closed.

Description

2012 Casascius 1 Bitcoin. Loaded. Firstbits 1Cs32ojp. Series 2. Brass. MS-60 (PCGS).
Loaded with 1 BTC. An important and functional relic from the classic period of physical crypto that quite literally served it's intended purpose as pocket change. This coin represents an inverse condition rarity within a series where very few coins every acquired honest wear and handling from actual circulation. It boasts pleasing olive-gold coloration across smooth surfaces and no significant individual marks. Our consignor acquired this coin directly from Mike Caldwell, the creator of the Casascius series, and it was funded on March 2, 2013. This particular piece was among several Casascius coins carried around London in the consignor's pocket during 2013, intermingling with "conventional" British coins and keys. In an attempt to normalize Bitcoin and spend it as currency, our consignor would introduce these coins to sellers of all kinds as a means of receiving payment. Despite countless attempts to pay café owners with this Bitcoin instead of the listed £8 for a cheese omelet or an order of chips, the coin remained unspent despite a face value equivalent to about US$100 at the time. Having failed to find a taker back then, we are delighted to present this storied example to today's collectors, where it is likely to realize a price many times greater than the cost of a quick meal at a British "greasy spoon". Public Address: 1Cs32ojpqdaL7aD2w94XHkeXTnwLykfSWw.
PCGS# 903008.
PCGS Population: 1; 8 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 2% fee after authorization by Stack’s Bowers Galleries prior to the sale. Additional terms and conditions apply.

Estimate: $28000

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Bidding

Price realized 30'000 USD
Starting price 1 USD
Estimate 28'000 USD
The auction is closed.
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