Stack's Bowers Galleries

Spring 2025 Auction  –  31 March - 4 April 2025

Stack's Bowers Galleries, Spring 2025 Auction

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

Part 1: Mo, 31.03.2025, from 6:00 PM CEST
Part 2: Tu, 01.04.2025, from 5:00 PM CEST
Part 3: Tu, 01.04.2025, from 11:00 PM CEST
Part 4: We, 02.04.2025, from 6:00 PM CEST
Part 5: Th, 03.04.2025, from 6:00 PM CEST
Part 6: Th, 03.04.2025, from 8:00 PM CEST
Part 7: Fr, 04.04.2025, from 12:00 AM CEST
Part 8: Fr, 04.04.2025, from 8:00 PM CEST
The auction is closed.

Description

Unfunded 2016 Cryptocracy 1 Bitcoin. Firstbits 1C79GiBq7kL. Serial No. 054. Series 1. Silver Finish. MS-67 (PCGS).
Unfunded and non-loaded. This coin is the sole finest of this finish certified by PCGS. Similarly, this sale represents first time we have offered coins from this series since our August 2023 sale. An interesting and seldom-seen issue within physical crypto that was first released on the BitcoinTalk.org forum on July 12, 2016. They were issued in 3-coin sets containing examples of the gilt-brass finish, the polished silver finish, and the black-nickel finish. Originally, 100 coins were planned to be struck in each finish, but due to production errors and other considerations, far fewer were actually released. Remarkably, the same public address and associated private key were used for all three coins in each set. Therefore, it is not recommended that these are ever funded with actual cryptocurrency. If one of the three coins in the set is ever peeled or compromised, the other two would also be effectively compromised. Even so, this remains an elusive series and examples are rarely traded publicly.
PCGS# 924201.
PCGS Population: 1; none finer.

Estimate: $300

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Bidding

Price realized 70 USD
Starting price 1 USD
Estimate 300 USD
The auction is closed.
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