Nolacoin 1 Bitcoin Token

Manuf. NOLACOIN
Year 2012
Denom. 1 BTC
Type Round
Mintage 200
Material Nickel Pl. Zinc
Diameter 26 mm
Thickness 2.15 mm
Weight 8 g
Country USA

Category:

Description

Though this is listed as a ‘round’, it
was originally intended as a ‘coin’.
As per the original business plan
of New Orleans Bitcoin Exchange
(now called NOLACOIN), these
coins were meant to function as
physical tokens representing real
BTC held by the company as if
it was a bank. These coins were
eventually sold off as rounds as the
business venture did not take off
as planned, and are undoubtedly
an important part of the history
of physical crypto-currency. The
eight character code engraved on
each round serves no practical
purpose now, as it was meant to
be used in tracking of the BTCbacked
coins.