Chinese Businessman Gold Coin

Manuf. Chinese
Businessman
Year 2014
Denom. 1 BTC
Type PF
Mintage 101
Material .999 Gold
Diameter
Thickness
Weight 1 oz
Country China

Description

Photos and information of this round were first posted
on a Chinese Bitcoin news portal by an individual
claiming to have been commissioned to produce the
coins. Not much is known about these coins, but because
there are said to be up to 101 solid gold specimens,
their existence is noteworthy. They were minted by a
Chinese businessman (hence the producer name; no
official name is available), and destined for a private
collection as opposed to public sale. It is believed the
QR code on the back is the private key, unique to each
coin. It has been claimed that the coins are somehow
backed by physical gold, which is supported by the text
on the back. Something very interesting about the coins
is that the serial number appears to not be engraved
and instead seems to be part of the original strike. If this is the case, these coins would be
incredibly expensive to individually produce.
The front of the coin features a rather oddly laid out world map, with a solid ‘B’ in the center.
The statement ‘Open Source P2P Money’ is prominent at the bottom. The back states “The
World’s First Gold-Backed Physical Bitcoins’ and features imagery relating to mining and
encryption on a circuit-board pattern similar to the style used by MJB Monetary Metals. The
stated denomination of 1 BTC is also obvious.