We are thrilled to announce the latest addition to our exclusive collection at BuySilverCoins.eu – the Bitcoin Precious Metals Coin. Now available in both gold and silver, this exquisite coin is a must-have coin for 'gold bugs'.
What is Bitcoin?
Bitcoin is a decentralized digital currency that operates without a central authority or banks. It was introduced in 2009 by an unknown person or group of people using the name Satoshi Nakamoto. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin has revolutionized the financial world by providing an alternative to traditional currencies, offering both transparency and security in transactions.
History of the Bitcoin Coin
The history of the Bitcoin Precious Metals Coin is as fascinating as the digital currency it represents. This coin was first issued by the government of Niue, a small island nation in the South Pacific in free association with New Zealand. Niue is known for its tradition of issuing commemorative coins, and the Bitcoin Precious Metals Coin is a notable addition to its numismatic collection. The coin was first released in 2017, at a time when Bitcoin was gaining unprecedented attention and acclaim worldwide.
This physical representation of Bitcoin was created to cater to both coin collectors and cryptocurrency enthusiasts who desired a tangible form of the digital currency. The Bitcoin coin comes in various sizes to cater to different preferences and investment needs. The gold coin is available in 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz sizes, while the silver coin is typically available in 1 oz. Each coin is minted with the highest standards of quality and precision, ensuring that they are not only beautiful to look at but also valuable investments. The issuance of this coin by Niue underscores its legitimacy and desirability, making it a coveted item for collectors and investors alike.
Design of the Bitcoin Coin
The Bitcoin coin is a true marvel of design, meticulously crafted to blend the essence of digital innovation with traditional numismatic artistry. On the obverse side, each coin prominently features an effigy of Queen Elizabeth II, symbolizing its status as an official legal tender. Surrounding the effigy are the inscriptions of the coin’s year of minting, providing a historical timestamp, and the coin's issuing nation, Niue. The gold coins boast a purity of 99.99% (24-karat), while the silver coins are crafted from 99.9% pure silver.
The face value of the coins varies depending on their size and metal. For gold, the 1/10 oz coin has a face value of NZD 10, the 1/4 oz coin is valued at NZD 25, the 1/2 oz coin at NZD 50, and the 1 oz coin carries a face value of NZD 100. The 1 oz silver coin has a face value of NZD 2. It is important to note that these face values are denominated in New Zealand Dollars (NZD), not Bitcoin, reflecting their status as legal tender.
The reverse side of the coin is where its unique connection to the digital world is most apparent. It features an intricately detailed Bitcoin logo, a symbol recognized worldwide as the pioneer of cryptocurrency. Encircling the Bitcoin logo is a binary pattern, representing the foundational technology behind Bitcoin’s blockchain. This detailed design not only adds aesthetic appeal but also symbolizes the cutting-edge nature of Bitcoin technology. The combination of high-quality precious metals and sophisticated design elements is what makes the Bitcoin Coin stand out.
Buying the Bitcoin Coin Series from BuySilverCoins.eu
At BuySilverCoins.eu, we are dedicated to providing our customers with premium precious metal products. We offer a range of services to ensure a seamless and secure buying experience. We deliver precious metals throughout Europe, ensuring that your valuable investments reach you safely and promptly.
Our company is crypto-friendly, accepting a variety of cryptocurrencies for payment, making it easier for digital currency enthusiasts to invest in physical precious metals. Additionally, we offer secure storage solutions for silver purchases, allowing our clients to store their silver in our VAT-free storage facilities. This service is particularly advantageous for investors looking to avoid the added cost of VAT on their silver holdings.
Our secure online platform makes it easy to browse, select, and purchase your coins. For any inquiries or further assistance, you may always contact us.
