Over $620,000 in Bitcoins and Crypto Sold in the Stack’s Bowers Galleries June 2023 Auction

The Stack’s Bowers Galleries Official Auction of Bitcoin & Crypto was extremely successful.

by Stacks Bowers Galleries | Published on June 21, 2023

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 $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 Galleries. 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 sold for an impressive 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 Galleries, 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 Global Showcase 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 JMcCartney@StacksBowers.com or call (800) 566-2580.

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Source: Stacks Bowers Galleries

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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 80-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 and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.

Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.

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