CVC & Collectibles presents this 1 oz Bitcoin Commemorative Copper Round one of the most talked-about currencies in the world today. Bitcoin, a virtual currency used in person-to-person transactions since its introduction in 2009, was made available in 2010 in a popular collection of silver and copper rounds. Now, those iconic designs are back with enhanced updates and the original design.
Round Highlights:
- Multiples of 20 arrive in a plastic tube.
- Singles arriving in a protective plastic flip.
- Based upon the original 2010 design!
- Limited mintage of only 100,000 rounds!
- Contains 1 AVDP oz of .999 pure copper.
- Obverse features the famous Bitcoin symbol.
- Licensed artwork from Michael Bruce, designer of the original 2010 release!
Each 1 oz Copper Bitcoin Commemorative Round available here today is originally packaged by Osborne Mint inside of bulk plastic tubes containing a total of 20 individual rounds within. These Copper Bitcoin Rounds are based on the original 2010 design from Michael Bruce, and reproduced only with his licensed artwork.
Bitcoin was created as a type of currency for use only in the digital, or virtual world in 2009.
Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin’s original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin up until December 2010.
There has been widespread speculation about Satoshi Nakamoto’s true identity, with a variety of people posited as the person or persons behind the name. One person, Australian computer scientist Craig Steven Wright, has publicly claimed to be Nakamoto, though this claim has been met with skepticism. Though Nakamoto’s name is Japanese, and he stated in 2012 that he was a man living in Japan, most of the speculation has involved software and/or cryptography experts in the United States or Europe.
Bitcoins enable people to make anonymous purchases. There are no banks or government entities involved in the issuance of Bitcoin. In fact, Bitcoins aren’t even issued as physical currency. Bitcoin only exists as a virtual currency that can be used in transactions between any two people or entities. In fact, merchants have at times opened up to the idea of Bitcoin, enabling people to purchase anything from web hosting service to pizza.
On the obverse of the 1 oz Copper Bitcoin Commemorative Round is the image of the famous Bitcoin symbol. A large letter “B” with two vertical lines through it, the Bitcoin symbol resembles that of the US dollar ($) in its design. Engravings on this face read “Bitcoin – Digital – Decentralized – Peer to Peer,” “AOCS Approved,” and “1 AV oz .999 Fine Copper.”
The first Copper Bitcoin Commemorative Rounds were issued in 2010, just after the virtual introduction of the digital currency. These rounds were often the basis of media representations of Bitcoins when discussed in news reports. However, these 1 oz Copper Bitcoin Commemorative Rounds have no link to the currency and are not forms of financial currency. Instead, each is a beautiful representation of the crypto-currency.
Osborne Mint is located in the city of Cincinnati, Ohio. It is America’s oldest private minting operation and can trace its roots back to 1830s America when the US dollar hadn’t even been established as the lone, sovereign currency of the young United States.
