SBG Crypto: Price Records For a New Chapter

The latest Bitcoin Halving is now behind us and many feel that we’ve entered new era for the digital cryptocurrency. We crossed a similar milestone in the collectible physical crypto category as well, with our Spring 2024 sale realizing over $1.7 million and setting a new record for our most valuable crypto offering.

The sale set many individual records for specific denominations or coin types, including the all-time record of $102, 000 for a Casascius 1 Bitcoin that I mentioned last week. This week, I wanted to point out some of the records set among the smaller fractional denominations, which are often even more elusive than the larger 1 Bitcoin pieces.

A 2016 BTCC “Poker Chip” 0.1 Bitcoin sold for $14,400 in the sale, or more than a 100% collector premium. This set a new record for the issue, surpassing the earlier record of $8,100 that we achieved in November 2022. Another record was set in this denomination by a 2013 Lealana 0.1 Bitcoin in brass that sold for $9,000, which surpassed the prior record of $5,760 realized in our August 2023 sale.

Within the smaller “hundredth” 0.01 Bitcoin denomination, we saw a 2022 Lealana 0.01 Bitcoin in silver reach a new high of $1,320 in our Spring 2024 sale, clearing the earlier record of $960 that was set in our November 2023 sale. A 2021 Rarity Check 0.01 Bitcoin also set a new record of $1,200 for the issue compared to the previous high of $810 realized in our June 2023 sale.

Further inspection of our Spring 2024 sale will reveal many more price records across a wide range of denominations and price points. We are now looking ahead to our June and August crypto auctions where we look forward to establishing even more all-time records! For questions on our upcoming sales or to consign your collection, please don’t hesitate to contact me at [email protected]