CASASCIUS BITCOIN BAR SERIES

You should conduct your own research when making a decision. Every investment and trading move involves risk. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Financial Watch. A rare unloaded set of 125 Casascius physical bitcoins made of aluminum is selling for $4,995. 2 Billion Worth of Unpeeled Casascius Physical Bitcoins: There's Less Than 20,000 Coins Left Active 424 Million and Numismatic Value: There's Only 20,000 Casascius Physical Bitcoins. A loaded silver Casascius physical bitcoin with 0.1 BTC ($4,834) from 2013 is selling for $20,000 today. Even peeled Casascius bitcoins still hold value and some of them are being sold for $1,999 (for a 2012 piece). Today, the Casascius physical bitcoin collection has gathered significant numismatic value and the coins and bars are considered coveted bitcoiner collectibles.

CASASCIUS BITCOIN BAR SERIES

There were 81 Series 2 100 BTC coins (worth $4.8M each) minted by Caldwell and to date 47 coins or 58.02% of the BTC has been redeemed from that minted set. In that same series, Caldwell minted 16 1,000 BTC bars and so far 87.50% or 14 bars have been redeemed. For instance, out of the six 1,000 BTC Series 1 Casascius bitcoins, only 2 have been redeemed so far. Furthermore, there are some lucky owners who still have yet to peel 1,000 BTC bars or coins worth $48 million using today’s exchange rates. Image via on September 18, 2021.Ĥ8,169 BTC worth $2.3 billion has been spent by the peel process. So far 8,009 coins or bars have been redeemed over the last ten years and there’s approximately 43K BTC left unpeeled worth over $2 billion. Ten years after the first Casascius bitcoins were minted, there’s under 20K left that are active with loaded BTC.ġ9,920 Casascius Physical Bitcoins Left to PeelĪccording to statistics from, on September 18, 2021, there’s approximately 19.92K active Casascius bitcoins waiting to be peeled. This means the digital BTC value was spent by the owner and the physical bar is empty with zero digital value left.

On December 23, 2019, News reported on a 100 BTC gold bar that was peeled or redeemed. Over the years owners have redeemed the loaded value held on these Casascius bitcoins in a process called a “peel.” Image via on September 18, 2021. By the end of Caldwell’s tenure making these coins, he managed to mint around 27,920 Casascius bitcoins with various increments of loaded BTC.

So long as Bitcoin maintains a price above 10,017, Casascius’ 1000 BTC will retain its title as the most valuable physical coin in the world. At the time of writing, one of these coins is worth a hefty 10,622,000. government forced Caldwell to stop minting Casascius bitcoins with loaded BTC on them. When Bitcoin broke well over 10,000, the Casascius 1000 BTC gold coin became worth more than its weight in gold. Casascius physical bitcoins made by Mike Caldwell have gained significant collectible and numismatic value well over the face value of the digital bitcoin loaded on these coins or bars.

Casascius bitcoin bar