Our first Physical Crypto auction session (Part 1) of our November sale crossed the block today, and featured a diverse selection of over 90 crypto lots including many types that we are presenting for the first time.
This sale is noteworthy for marking the two-year anniversary of our entry into this category. Our first offering in November 2021 featured a Lealana 0.1 BTC that sold for an astounding price of $36,000. This translated to a premium of over 500% (!) above the face value and set an auction record that has gone unsurpassed for the 0.1 BTC denomination. This year’s sale also featured a remarkable sibling of this coin, but in the larger 0.25 BTC denomination.
Last year’s November offering was similarly astounding and was headlined by a 2013 “Gold Rim” 1 BTC from the Casascius series, which marked our auction debut for the type. Collectors certainly recognized this opportunity and it sold for $66,000, equivalent to nearly four-times (!) face value at the time of the sale. Today’s session also offered an example of this rare 1 BTC type, which is presented in commemoration of a full decade since the end of production for the Casascius series in 2013.
This sale also marks our auction debut for an Unfunded 100 BTC Casascius Bar. Housed in an oversized PCGS holder, this bar is as physically impressive as it is significant. It obviously draws inspiration from the solid gold ingots produced during the California Gold Rush of the mid 1800s and the U.S. Assay Office in the mid 20th century. For fans of these classic gold rarities, we also offered a fantastic U.S. Assay Office gold ingot on Thursday, November 16 in Session 6.
Of course, the excitement didn’t end with today’s session, as a second offering of Physical Bitcoin and Cryptocurrency is presented in Part 2 on Monday morning, November 20, at 10AM PT. This “long weekend” of Physical Crypto is sure to be a landmark event for this category.
For more information about our Cryptocurrency auctions or to consign to an upcoming sale, please feel free to reach out to me at [email protected].