A Casascius 1 BTC physical bitcoin today sold at auction for $28,700 USD, its new owner paying a premium of over $13,000 on its current (BTC) market value. The sale highlights bitcoin’s additional value as a collectable — both the physical coin itself and the “purity” of an unmoved, 2011-mined coin. Also read: NYC’s Rare Digital… The “collector’s must have” is a Casascius brass token that has the private key for one bitcoin embedded inside, the seller claims. A physical bitcoin is selling on eBay for $99,000, a listing on July 1 shows.The seller claims the “collector’s must have” is a Casascius brass token that was created in 2011. Mike Caldwell, nicknamed Casascius, produced physical coins which contain Bitcoin from 2011 to 2013, which went on to become the most highly-regarded brand of physical Bitcoin. Th 2011-2013 Casascius Coins and Bars Sell for a Premium. Years ago, people made physical bitcoins and there’s been so many manufactured that there’s actually an encyclopedia that covers the subject. These days, however, there’s not as many physical bitcoin manufacturers as government regulations have stifled the industry.There are definitely a few creators still minting loaded crypto coins ... A unique physical bitcoin which was created in the early 2010s which held the value of one bitcoin was sold on eBay on July 1, 2019, for $99,000.. The physical coin was listed on eBay on July 1, 2019, which was a 2011 Casascius gold coin harboring the value of one bitcoin.The item had its packaging intact which meant that it was a mint-condition brass coin (MS65). In 2011, Mike Caldwell created the notorious Casascius physical bitcoin collection, and since then the series of coins has become extremely valuable. Over the last two months, a bunch of people have redeemed their Casascius coins and on December 23 someone peeled a 100 BTC ($723K) Casascius bar. Also Read: Only 375 Days Left for McAfee’s $1M Bitcoin Price Wager. 2011-2013 Casascius Coins and ... It may be that cryptocurrency is moving into the realm of collectability as well as a means of financial transaction. A Casascius 1 BTC coin that was originally released back in 2011 as part of the coin’s second series just sold on eBay.The winning bid was an eye-opening $28,700.
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