Topic: [WTS] PHYSICAL BITCOIN COLLECTION (6 items) & SOME HISTORY/UPDATED (Read 263 times)

Through my own research, there is somewhere in the ballpark of 2000 gold products that contain, can contain, or once contained Bitcoin. That makes 3 categorizes. Loaded coins, User fundable/fungible coins & used/broken coins.

- A loaded coin can be viewed as a piggy bank with money in it or in this case Bitcoin.

- A user fundable/fungible coin could be viewed as a piggy bank awaiting its first penny.

- A used/broken coin is more or less the pieces of a broken piggy bank.

This analogy isn't perfect but it is one way to understand how these coins differ.

There have been many different companies/produces of physical Bitcoins & collectables. Many of which never produced a gold product in which to contain bitcoin. The ones that did sell gold products had very low mintages of these products.

For example: The original physical Bitcoin maker, Mike Caldwell, produced 5 gold Casascius coins loaded with 1000 Bitcoins. Each weighed 1 oz. Two of the coins have been redeemed. Only 3 are left that still contain the 1000 Bitcoins (https://casascius.uberbills.com/?type=1000g&status=active). The loaded coins are worth approximately 50 million dollars each (https://coinweek.com/recent-articles-video/48-million-gold-1000-bitcoin-physical-coin-submitted-by-greatcollections-to-pcgs/). Although, Mike also created a number of those same gold coins unfunded. That number was 50. Most of them belonged to just one person, Charlie Lee, the Creator of Litecoin, who, relatively recently, had sold all of them, 1 for 14 Bitcoins in March 2017 when BTC was approximately $1200 (https://bitcointalksearch.org/topic/wts-unfunded-casascius-1000btc-1oz-gold-coin-to-celebrate-gold-parity-1812466) & another in Sept 2020 in a more recent public sale which was a graded MS66 & bought by Jackbauerscsg for 2.0BTC when BTC was around $11,000! (https://bitcointalksearch.org/topic/--5276323). Charlie sold the last one he had for 3.5 Bitcoin on September 17, 2020. (https://bitcointalksearch.org/topic/--5276323) At that rate these coins were selling between $16,800-$38,000 respectively & this rate is from 2 years ago. Personally, I would be ecstatic to cough up a my left nut to get my hands on such a coin, it would be a gift to be able to buy one. I wouldn't be surprised if only half of these gold products created by Casascius remain intact. There is certainly no more than 50. ()

Endorsed by Mike Caldwell (), Denarium physical Bitcoins are among the 3 top physical Bitcoin producers. Lealana, Satori, & Titan are considered contesters for the top 3 physical Bitcoin makers along side Denarium.

Satori minted plastic, poker chip themed, physical Bitcoins & never created a metal or precious metal Bitcoin/Token.

Lealana minted a variety of metal physical Bitcoins. Mostly, copper or brass. None to my knowledge were made out of gold. A handful of Lealana coins were made out of silver.

Titan also minted a variety of metal physical Bitcoins. They are the only other, well known, physical Bitcoin producers, that I know of, that created solid gold products. There were only up to 1100 of these to ever be created. There is no known # that was produced that I can find. Just a cap on how many there could be. Titan also had some serious issues with redeeming Bitcoin stored on there Tokens. (https://bitcointalksearch.org/topic/m.58365070)

There are a few other less well known Physical Bitcoin producers that created some gold products & they are few & far between. For example: A physical Bitcoin producer called Crypto Imperator made only 10 1/2 oz gold physical Bitcoins.  

Other producers have made some commemorative coins made out of various materials (Gold, Silver, Copper, Brass, etc.) but they do not act as piggy banks or cold wallets. They are simply coins stamped with Bitcoin memorabilia. (Like item #4)

Having this rough estimate goes to show that solid gold physical Bitcoins are extremely rare. The ones that are funded cost the most. Justly due to the amount of BTC held on them. The coins that follow are those that are of low mintage, low year, good brand, have not been "broken" & can still be used to store Bitcoin on them. Lastly, there are the coins that have been used/broken, which still, depending on which one, costs thousands of dollars to get your hands on.  

Note: All of this information is speculation within reason formed from many extensive hours of research.