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

Redeemed 2013 Casascius 0.5 Bitcoin. Firstbits 124ULLgE. Series 2. Brass. MS-65 (ICG).
Redeemed and non-loaded. Nicely toned in pale golden-wheat shades with reflective satin luster near the borders. 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. The firstbits address remains visible at the center. A lesser-graded MS-64 (ICG) redeemed 0.5 BTC sold for $2,040 in our June 2022 sale. 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 went on to achieve a high of around $68,000 in 2021. As such, these coins continue to be redeemed at a stead pace.

Estimate: $200

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Bidding

Price realized 550 USD
Starting price 1 USD
Estimate 200 USD
The auction is closed.
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