Stack’s Bowers Galleries Sets World Records as $1.7 Million in Physical Bitcoin is Sold in the Spring 2024 Showcase Auction

Author: Stack’s Bowers Galleries / April 9, 2024

Stack’s Bowers Galleries sold over $1.7 million in Physical Cryptocurrency in their recent Bitcoin Halving Sale, presented as part of the Spring 2024 Showcase Auction. This sale now ranks as the firm’s single largest offering in this category and pushes their total prices realized above $6.3 million to date. With industry-leading prices and a 100% sell-through rate, the recent sale confirms Stack’s Bowers Galleries’ leadership in this category.

The Bitcoin Halving Sale results were bolstered by several world record prices including $96,000 for a 2011 Casascius 1 Bitcoin, now the most valuable brass Casascius 1 Bitcoin of any date or variety. Other new records include $102,000 for the most valuable silver Casascius 1 Bitcoin, $360,000 for the most valuable Casascius 5 Bitcoin, and $87,000 for the most valuable Bitbills 1 Bitcoin card.

“I am extremely proud of the results of our Bitcoin Halving Sale,” remarked James McCartney, Director of Consignments and Numismatics and head of the firm’s Physical Cryptocurrency program. “Since our first crypto offering in 2021, these pieces have been steadily embraced by traditional collectors, and our latest sale reflects a new milestone for the category. This $1.7 million result is not only our single largest offering, but it represents a 225% and 150% growth in prices compared to our Spring 2022 and Spring 2023 sales, respectively. We are excited to see what the future holds for these modern numismatic treasures.”

Stack’s Bowers Galleries is preparing their next physical cryptocurrency sale to be featured alongside their June 2024 Showcase Auction, which will be the first dedicated crypto sale to take place post-Halving. The firm is now accepting consignments to future crypto sales scheduled for later this year in August and November. To subscribe to the catalogs for these sales or for other questions about this category, please contact Stack’s Bowers Galleries at 800-458-4646 or Info@StacksBowers.com. Stack’s Bowers Galleries will also be attending the Bitcoin Conference in Nashville in July where they will be showcasing upcoming auction highlights and accepting select consignments.

About Stack’s Bowers Galleries

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 nearly 90-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, The Sydney F. Martin Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection.

The company is headquartered in Costa Mesa, California, with galleries in New York, Boston and Philadelphia. Offices are also located in New Hampshire, Oklahoma, Sacramento, South Carolina, Virginia, Hong Kong, Paris and Vancouver. Stack’s Bowers Galleries hosts an annual Global Showcase in August featuring United States coins and currency, Ancient coins and World coins and currency in its Costa Mesa auction gallery. They are also the

Official Auctioneer for several important numismatic events, including the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, the Spring and Fall Hong Kong shows, and the Maastricht Paper Money Shows.

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West Coast Office • (800) 458-4646

Midwest Office • (800) 817-2646

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info@stacksbowers.com
 

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