First offered in 2010, the physical manifestation of the virtual currency known as Bitcoin came to life on a series of silver and copper rounds with immense popularity among collectors and even the media. Those original commemorative rounds now make a return in 2017 with updated design elements and the foundation of the original Bitcoin design on the obverse. Today, 1 oz Copper Bitcoin Commemorative Rounds are available to you online at Silver.com.
- Ships to you in plastic tubes containing 20 rounds.
- Revives the original 2010 design of Bitcoin commemorative rounds!
- Mintage limited to 100,000 rounds only!
- Consists of One AVDP ounce of .999 fine copper.
- Obverse features the now-famous Bitcoin symbol.
- Licensed artwork from Michael Bruce, designer of the original 2010 release!
Bitcoin was introduced as a virtual currency, or crypto-currency, in 2009 by an unknown individual going only by the alias of Satoshi Nakamoto. Bitcoins are not a fiat currency and have no issuing government or bank backing their value. Bitcoins are available for purchase through so-called Bitcoin exchanges, where various currencies are used to purchase Bitcoins.
The allure of the Bitcoin to many is the anonymous nature of its use. You can use Bitcoin to pay for things without needing to divulge your information, have a bank account, or even a credit card. Thus shopping is easier for consumers, as there are no fees associated and international payments are a breeze. Even some merchants have found Bitcoin preferable because they can avoid credit card fees.
There are others who buy Bitcoin simply as an investment, believing its value could go up. What is likely to increase in value are these beautiful 1 oz Copper Bitcoin Commemorative Rounds from Osborne Mint. Each one contains One AVDP ounce of .999 fine copper and is originally packaged by Osborne Mint in plastic tubes of 20 rounds.
On the obverse is original artwork from Michael Bruce’s 2010 design of a Bitcoin commemorative round These copper rounds have the famous symbol of Bitcoin, which reflects the vertical lines through a “B” similar to that of the dollar ($).
These 1 oz Copper Bitcoin Commemorative Rounds contain One Avoirdupois ounce of copper. Unlike other precious metals, copper is weighed in AVDP ounces, with a metric weight that is actually lighter than similar coins and rounds. 1 Troy oz weights 31.10 grams, while 1 AVDP ounce weighs 28.35 grams.
Osborne Mint is America’s oldest private mint facility and can trace its roots back to 1836. At this point in US history, the nation did not even have a singular sovereign currency, with merchants accepting and using multiple foreign currencies as an excepted form of American payment.
Please don’t hesitate to contact Silver.com with questions. You can reach out to us on the phone at 888-989-7223, chat with us live online, or simply send us an email.