Stack's Bowers Galleries

Spring 2024 Auction  –  25 - 28 March 2024

Stack's Bowers Galleries, Spring 2024 Auction

Live Sessions: U.S. Coins and Currency, Physical Cryptocurrency

Part 1: Mo, 25.03.2024, from 4:00 PM CET
Part 2: Mo, 25.03.2024, from 11:00 PM CET
Part 3: Tu, 26.03.2024, from 5:00 PM CET
Part 4: Tu, 26.03.2024, from 9:00 PM CET
Part 5: We, 27.03.2024, from 4:00 PM CET
Part 6: We, 27.03.2024, from 8:00 PM CET
Part 7: We, 27.03.2024, from 10:00 PM CET
Part 8: Th, 28.03.2024, from 5:00 PM CET
Part 9: Th, 28.03.2024, from 6:00 PM CET
Part 10: Th, 28.03.2024, from 8:00 PM CET
The auction is closed.

Description

Unfunded 2022 Polymerbit Bitcoin Cold Storage Banknote. Firstbits bc1qylzf. Serial No. A000323. Series 28-U (ND). Gem Uncirculated 65 PPQ (PCGS).

Unfunded and non-loaded. An exciting Gem Uncirculated offering of this limited edition note by Polymerbit with a mintage of just 250 pieces. Though officially labeled as a cold storage "document", the format generally resembles the banknotes printed for circulation in the United Kingdom. This undoubtedly makes them desirable to the passionate community of world paper money collectors as well as crypto enthusiasts. A similar example graded Superb Gem Unc sold for a total of $1,140 in our August 2023 sale. This particular example is also notable for the 323 serial number, which will be recognized by many as the year that Alexander III "the Great" died in Babylon at the age of 32. Dated July 27, 2022, this note was produced by Polymerbit as part of the Crypto Valley series which debuted in 2020. This particular variety was offered without a specific denomination, which allows a collector to fund it up to a custom amount. It functions in a similar way to the popular crypto coins by Casascius, Lealana and others, featuring an associated public address that can be loaded to a custom amount and a private key hidden behind a security seal that can be used to redeem the value. The private keys were generated by company founder Daniele Barbagallo, who is well respected within the crypto community. Polymerbit claims that this series is "the culmination of four years of security design and production improvements." and that "the design efforts on this note alone have exceeded 100 hours." In-hand inspection readily validates the superior production quality that these efforts have produced.

PCGS# 1150994. NGC ID: 4ETR.

PCGS Population: 5; 12 finer.

From the Iacobus De Villa Collection of Physical Bitcoin

Estimate: $300

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Bidding

Price realized 200 USD
Starting price 1 USD
Estimate 300 USD
The auction is closed.
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