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Author: Admin | 2025-04-28
More than $1 million,” predicted Russell.The cryptocurrency community refers to the 1,000 BTC coin as “the Gold Cas.” That is a reference to “Casascius,” the brand of BTC coins produced from 2011 to 2013. The company was created by Mike Caldwell to create physical “Casascius coins” in increments of 0.1, 0.5, 1, 5, 10, 25, 100, and 1,000 BTC units. Caldwell also produced some BTC ingots.PCGS Interim President Stephanie Sabin stated: "PCGS sets the standard for grading and authenticating rare coins, tokens, medals, and paper currency. As such, we have been entrusted with the encapsulation of the majority of auction-topping items year after year. This coin is set apart in its cultural significance in merging the worlds of cryptocurrency and traditional numismatics. Combine this with the staggering value of the Bitcoins it contains and we have a new Goliath."PCGS Interim President Stephanie Sabin and GreatCollections President Ian Russell hold the world’s most valuable numismatic item, the 1,000 Bitcoin denomination “Gold Cas.” (Photo courtesy of GreatCollections.)">PCGS Interim President Stephanie Sabin and GreatCollections President Ian Russell hold the world’s most valuable numismatic item, the 1,000 Bitcoin denomination “Gold Cas.” (Photo courtesy of GreatCollections.) Click image to enlarge.Ian Russell, president of GreatCollections in Irvine, California, holds the gold-plated 25 Bitcoins physical coin (on the left) and the one-ounce gold 1,000 Bitcoins “Gold Cas” coin (on the right) that is the world’s most valuable numismatic item worth $48 million. (Photo courtesy of GreatCollections.)">Ian Russell, president of GreatCollections in Irvine, California, holds the one-ounce gold 1,000 Bitcoins “Gold Cas” coin that is the world’s most valuable numismatic item, worth $48 million. (Photo courtesy of GreatCollections.) Click image to enlarge.Only six 1,000 gold BTC Casascius coins were made and four of them have not been redeemed including the one owned by Russell’s client.The gold coin is dated “2012 CASASCIUS.” The legend on the obverse includes “1 TROY OZ .999 FINE GOLD” and the motto, “VIRES IN NUMERIS,” Latin for STRENGTH IN NUMBERS. There is a multi-color, tamper-resistant hologram design on the reverse. It was in fact the first produced by Casascius.Russell said the current owner of this 1,000 gold BTC is not the presumed founder of the digital currency Bitcoin, Satoshi Nakamoto. There have been suggestions that the founder of Bitcoin owns iconic Bitcoin items such as the “Gold Cas.”“The Gold Cas owner wanted to have his fortune encapsulated and graded by PCGS. GreatCollections arranged the
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