Costa Mesa, CA – $621,590 in Physical Bitcoin and Cryptocurrency coins was sold by Stack’s Bowers Galleries in the Physical Cryptocurrency Session of their June 2023 Showcase Auction. Presented was a combined face-value of 12.79 Bitcoin, among other minor currencies, equal to approximately $320,000 at the time of the auction. With average premiums approaching 200% of face-value, bidders continue to embrace cryptocurrency coins as desirable numismatic collectibles. This outstanding result also reflects a 25% year-over-year increase in total prices realized compared to the firm’s June 2022 offering.
Silver coinage from the classic pre-2014 era drew the strongest prices of the session, topped by a silver 2013 Casascius Gold Rim 1 Bitcoin that sold for $78,000 (over 3x face). The counterpart from the Lealana series, a 2013 Gold B 1 Bitcoin, also drew a strong price of $66,000 (over 2.5x face) A fractional 2013 Casascius 0.1 Bitcoin in silver sold for an impressive result of $10,200 (over 4x face).
The ever-popular brass Casascius 1 Bitcoin continued to draw strong premiums from bidders, with examples from 2011, 2012, and 2013 each selling for $40,800 (over 1.6x face). A 2015 Denarium 1 Bitcoin earned $33,600 (over 1.3x face) in the first such offering of the variety by Stack’s Bowers. The Litecoin currency boasted similarly strong results, led by a 2013 Lealana 25 Litecoin that sold for $4,320 (over 2x face) and a 2013 Lealana 10 Litecoin that brought $2,280 (nearly 3x face). A 2013 Lealana 1 Litecoin also sold for an impressive result of $384 (nearly 5x face)
The Non-Loaded category was similarly replete with rarities, including a Redeemed 2011 Casascius “Bearer” Bitcoin Storage Bar that sold for $4,320, Unfunded 2013 Lealana 0.5 Bitcoin and 25 Litecoin pieces that each brought $2,280, and a Redeemed 2012 Casascius “Bitnickel” 5 Bitcoin that sold for $1,440. The sale also marked the first offering of a Polymerbit banknote by Stack’s Bowers and bidders recognized this opportunity with a robust result of $720.
With significant premiums and $621,590 in prices realized in the June sale, Stack’s Bowers Galleries is now looking ahead to their August 2023 offering of physical cryptocurrency which will be headlined by a magnificent 2013 Casascius 10 Bitcoin—one of the most formidable rarities in the entire Physical Bitcoin category. For questions on the Stack’s Bowers Galleries June 2023 Physical Cryptocurrency session or to consign your coins to a future sale, contact specialist James McCartney at [email protected] or call (800) 566-2580.
About Stack’s Bowers Galleries
Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s nearly 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, The Sydney F. Martin Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection.
The company is headquartered in Costa Mesa, California, with galleries in New York, Boston and Philadelphia. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, Hong Kong, Paris and Vancouver. Stack’s Bowers Galleries hosts an annual Global Showcase in August featuring United States coins and currency, Ancient coins and World coins and currency in its Costa Mesa auction gallery. They are also the Official Auctioneer for several important numismatic events, including the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, the Spring and Fall Hong Kong shows, and the Maastricht Paper Money Shows.