Bitcoin Collectible With One BTC Inside Listed on eBay for $99,000

An eBay seller with a widely positive rating has recently listed a bitcoin collectible with one BTC (around $11,400) inside it for $99,000.

The collectible, a Casascius bitcoin token that was created in 2011, is allegedly one of a total of 27,834 Casascius bitcoin tokens a cryptocurrency enthusiast created in 2010. Each token contains a specific amount of real cryptocurrency that can be collected through a private key embedded in them.

Some have 1,000 BTC ($11.3 million) in them. The person behind the project stopped creating these coins in 2013. According to a website tracking these tokens, out of the 27,834 that were created 6,432 have already been opened, meaning the bitcoin on them has been collected.

The seller on eBay claims to be the original owner of the Casascius bitcoin token, which has been kept in its safe. As it hasn’t been touched, the private key inside will also grant the user access to one bitcoin cash, one bitcoin SV, and coins of other forks.

Casascius bitcoin listing on eBaySource: eBay

The seller claims it’ll accept real estate, land, and most cryptocurrencies as a payment method, but not PayPal, cars, or boats. Per the listing, he already sold a Casascius bitcoin token in March of this year for 5.6 BTC.

While the seller claims the token being sold has been authenticated, potential buyers should always beware of scams. According to thread on the popular Bitcointalk forum, scammers have been getting good at forging Casascius bitcoins.

As CryptoGlobe covered, earlier this year the owner of Sponsy, a blockchain-based platform that was being developed to help sponsors engage clients in a decentralized manner, tried to sell his project on eBay for $60,000 after failing to raise millions through an initial coin offering (ICO).

Update: The listing has been taken down