Stack's Bowers Galleries

Spring 2023 Auction  –  20 - 25 March 2023

Stack's Bowers Galleries, Spring 2023 Auction

Live Sessions: U.S. Coins and Currency

Part 1: Mo, 20.03.2023, from 6:00 PM CET
Part 2: Tu, 21.03.2023, from 4:00 PM CET
Part 3: Tu, 21.03.2023, from 11:00 PM CET
Part 4: We, 22.03.2023, from 4:00 PM CET
Part 5: We, 22.03.2023, from 9:00 PM CET
Part 6: Th, 23.03.2023, from 5:00 PM CET
Part 7: Th, 23.03.2023, from 7:00 PM CET
Part 8: Fr, 24.03.2023, from 5:00 PM CET
Part 9: Fr, 24.03.2023, from 10:00 PM CET
The auction is closed.

Description

Unfunded 2013 Lealana 1 Litecoin. Firstbits LTCiAJTC. Buyer Funded, Black Address. MS-67 (ANACS).
Unfunded and non-loaded. This stunning Superb Gem represents one of only 40 examples of this variety issued. The Buyer Funded, Black Address type was birthed from the transition between the pre-funded and buyer funded distribution models taking place during the first half of 2014. This transition was in response to federal requirements from the Financial Crimes Enforcement Network (FinCEN) related to Money Services businesses. Under the new buyer funded format, the coins were shipped from Lealana unfunded and buyers were responsible for sending the cryptocurrency to the coin's address themselves at a later time. The new buyer funded coins were produced with a green-colored address to denote this new format. However, a small group of 40 coins were issued with the outgoing black-colored address used for the pre-funded coins, creating an instant rarity. Parallels could be drawn between this variety and the treasured 1943 Lincoln cents struck in Bronze that captivate the imaginations of so many numismatists. It is likely that many of these Buyer Funded, Black Address examples were loaded, peeled, and redeemed by their owners without any notice of the rarity. Here is an opportunity to acquire one of the remaining few in exceptional condition. Public Address: Unavailable

Estimate: $300

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Bidding

Price realized 140 USD
Starting price 1 USD
Estimate 300 USD
The auction is closed.
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