Nope! The 1 BTC bitbills had the private key printed on the back of the QR code so it worked great as you could enter the private key into Mtgox. The 5 BTC only had a QR code so if this got damaged...well you're stuffed as there was no private key to fall back on...

So today I cut open my 1 BTC bitbills. When I opened them up there was a private key printed on the back of the QR code. I entered this into MtGox and sold the bit coins. Nice and easy! 

BUT...

Then I cut open the 5 BTC bitbill (same as I did for the 1 BTC bitbills) but this one didn't have the private key printed on the back of the QR code. So I had to try and get the silver stuff that was left over from the sticker/hologram off the QR code and during the process managed to damage the QR code. I have tried multiple times to read the QR code with my phones camera but no joy. I guess I have just lost 5 BTC eh? 

I have to say, what a stupid design for the 5 BTC bitbill. Why didn't they print the private key on the back like they did with the 1 BTC bitbill???!!!

I have cut open the one bitbill and have the private key. I have registered with Mtgox with the username "ThisIsBTC123". Do I simply click trade, sell bitcoins, click add more (next to GBP in your account) and then under the add funds heading select "redeem private key" from the dropdown box? I assume this part gets the bit coins into my Mtgox account?

Once the bitcoins are in the Mtgox account and have been sold do I just request a withdraw after than (bank transfer)?

Thank you all!

"open an MTGOX account and upload your key there"

To "upload" the key to an MTGOX account do I just type it in? Sorry to sound like such a noob!! 

Thank you all!

"The qr code is a long form version of a Private key and can be uploaded to a wallet or MTGOX private key upload feature"

How do I upload the Private Key to my Bitcoin wallet?

Once the BTC are in my wallet what is the easiest way to convert them to cash?

Maybe I should be a bit clearer 

I don't really want to sell the Bitbills, but I do want to get the BTC from my Bitbills into my Bitcoin wallet. Does this still require Bitbills support? Or can I just open the Bitbills up to reveal the private key??

Am confused, please help 

Thanks but I did see that. I have contacted them earlier today but still no reply. Have I lost the BTC I bought if I can't redeem them? Has ANYONE redeemded their Bitbills for BTC?

Hello Forum!

A couple years ago I bought some BTC and then spent them all on purchasing some BitBills. I have the BitBills in my possession.

What I wanted to find out was, how do I sell the Bitbills or convert them into BTC so that I can receive the cash?

Its been ages since I have read up on Bitcoins so I am rather rusty!

Appreciate any help anyone can offer me