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Author: Admin | 2025-04-27
Coins – are physical metal coins that were created by a Bitcoin user by the name of “Casascius.”Have you ever given #Bitcoin to people as a gift and the the price skyrockets? My guest Mike Caldwell, the creator of Casascius Physical Bitcoins, used to give these out as Christmas gifts in 2011 until the Gov't shut him down. Listen to his story at https://t.co/OPfZCStjSx pic.twitter.com/tM9xH0WoGN— Charlie Shrem (@CharlieShrem) July 9, 2019These coins with actual Bitcoin embedded in them were sold from 2011 until Nov. 2013. Yet sources note that Casascius collection’s creator, Mike Caldwell, received a cease and desist letter from the U.S. Government, putting an end to the series entirely in 2013.2012 Casascius “Bitnickel” 5 Bitcoin. Series 2. MS-66 (PCGS). Source: Stack’s Bowers GalleriesPhysical Cryptocurrency Viewed as Rare Collectables Sam Spiegel, Director of International Numismatics at Heritage Auctions – a Dallas, Texas-based auction house founded in 1976 – told Cryptonews that physical cryptocurrency from the Casascius collection has since become rare, piquing the interest of coin collectors and crypto enthusiasts alike.“Heritage offered its first piece of physical cryptocurrency last year. We began in earnest with our offering of Part 1 of the ‘Otoh Collection,’ which was sold last November,” said Spiegel. “This was a major private collection from an early adopter; believe it or not, these were bought by the Otoh collector directly from Casascius (who produced these) in 2013 for a small fraction of what they are worth today.”Following this auction, Spiegel noted that physical crypto assets have made a “big splash” within Heritage Auctions’ collecting community.“More of these physical cryptocurrency coins have been coming in from other collectors for our auctions,” he said.Given this rising interest, McCartney pointed out that Stack’s Bowers’ long-time collectors have started to pay attention to physical cryptocurrency collections after focusing on traditional rare coins for years or decades.“We view physical bitcoins on par with traditional numismatic categories like $20 gold coins or Morgan silver dollars that have been prized by collectors for decades,” McCartney said. “Since first entering the category in 2021, we’ve sold over 1,000 physical crypto coins and achieved more than $4.5 million in total prices.”Spiegel further noted that Heritage Auctions has seen a mix of collectors taking interest in its physical crypto collections.“Some are very traditional coin collectors who are buying these as a piece of numismatic history, though we’ve also seen crypto and NFT enthusiasts buy these as
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