25 BTC Casascius coin

DESCRIPTION

A Casascius coin is a bitcoin "cold storage" wallet made of metal with a holographic security sticker attached. Underneath this sticker lies a piece of paper containing a private key which can be used to acquire the bitcoins contained within the coin's address. The hologram will be destroyed upon redemption. The unblemished hologram on this coin attests to the fact that the coin has not been redeemed and is fully funded.

HISTORY

Mike Caldwell, the creator and distributor of these coins, was shut down by Fincen in 2013. A plethora of similar coins (Lealana, Denarium, Spartan Titan...) plopped up over the years, but none of them were able to capture the importance or iconic place in Bitcoin history that Casascius coins represent.

SCARCITY

Of a remaining 228 unredeemed Version 2 coins, only 29 coins with the 2011 date were actually funded in 2011 (the date on the front of the coin). As of March 2021, only 18 of these 29 coins remain funded and unopened, making these some of the most rare Casascius coins in existence.

VALUE

The coin was originally funded with 25 BTC in December of 2011 and includes all past and future forks (BCH, BSV, ABC...) from that date and forward. If the ADDRESS field does not match the MINIKEY address in the images, the coin might have been redeemed. If the ADDRESS of the coin is EMPTY, the coin might have been redeemed.

PROPERTIES

ADDRESS

1Goe6LR2xP4Ss4g3KSLgPQ5vPmYWaZyZAh

BACK

On the reverse, the 0's and 1's spell out “You asked for change, we gave you coins” in binary. The reverse also shows the coin's MINIKEY which can be used to discern the coin's current balance. The unblemished hologram attests to the fact that this coin is unredeemed.

BALANCE

25 BTC

BITCOINWIKI

https://en.bitcoin.it/wiki/Casascius_physical_bitcoins

DELIVERY

The buyer of this token may collect the physical item from the seller at the seller's expense (round trip, business class, one person). The buyer of this token may also request shipping with or without shipping insurance at their own expense and risk (conditional on shipability and insureability from the custodian's location).

INSURANCE

The buyer of this token may request the seller to safely store (bank deposit box) and insure the item up to the maximum insurable amount at the buyer's expense.

FRONT

The black lacquered text stands out and is easy to read, and the raised B exudes confidence. The slogan reads "Vires in Numeris" ("strength in numbers").

FUNDING

2011

MATERIAL

Gold plated alloy

MINIKEY

1Goe6LR2

RARITY

1/18

NAME

The name denotes that this is a PHYSICAL BTC coin with 25 BTC and the Minikey "1Goe6LR2"

UBERBILL

https://casascius.uberbills.com/?address=1Goe6LR2xP4Ss4g3KSLgPQ5vPmYWaZyZAh