Get YOUR initials minted on the NEW 2016 Bitcoin Penny™ commemorative coin!

[BitcoinPenny]

Welcome to our NEW 2016 Bitcoin Penny™ Commemorative Coin auction!

As a fun way to offset our upcoming 2016 minting costs, we're auctioning off custom initials on our upcoming 2016 Bitcoin Penny™ commemorative coin!

What does that mean?

Our inaugural 2015 Bitcoin Penny™ commemorative coin (SOLD OUT) has the initials "CJB" minted below the date on the front of the coin. (See photo above.) This year, we're minting ONE LUCKY WINNER'S choice of custom initials on the fronts of all our standard mint* Bitcoin Penny™ commemorative coins! (That's a few thousand!)

That's right! The highest bidder in this auction will win the privilege of having his / her personal initials of choice minted on the front of at least TWO THOUSAND of our new 2016 Bitcoin Penny™ commemorative coins!

What might that look like? Let's see a few examples using past Bitcoin Penny™ customers:

For instance, if forum member BG4 wins, he might choose to mint "BG4" on our 2016 Bitcoin Penny™ commemorative coin. Perhaps minerjones will win and choose to have "MJ" minted on our coin, or TheAnalogKid might win and choose "TAK" to be minted. The possibilities are endless!**

What initials will YOU have minted on the NEW 2016 Bitcoin Penny™ commemorative coin?

BONUS: The winning bidder will receive one (1) FREE 2016 Bitcoin Penny™ Limited Edition Roll (40 Special Mint* "SN" Coins -- see note below) as a special THANK YOU!

Start Time: Immediately
End Time: Saturday, March 5, 2016 @ 9PM Eastern Time (USA)
Extended Grace Period: There will be an extended grace period of fifteen (15) minutes following the last bid. When fifteen (15) minutes passes without a new bid, the auction will be officially ended. For example, if someone places a bid on March 5 at 8:55PM, then the auction will extend until 9:10PM. If another bid is placed at 9:08PM, then the auction extends until 9:23PM (and so forth).

Starting Bid: 0.10 BTC
Bid Increments: 0.01 BTC (1/100 of BTC)

The winning bid amount should be paid in full no later than seventy-two (72) hours from the end of auction. Payment should be sent to the following address: 1E44nDCkoEvttN8LSECzLDmnYNCqzjausH.

As noted below, we reserve the right to refuse any choice of initials which we deem to be morally offensive (ex. ASS) or unfavorable to bitcoin or the bitcoin community.

Please feel free to ask questions.
Thank you.

Regards,
Christopher @ The Bitcoin Penny Co.



*NOTE: This auction is for our standard mint coin only, which comprises the majority of our 2016 Bitcoin Penny™ commemorative coins. In addition to our standard mint coin, we will also be minting an EXTREMELY LIMITED special mint coin with the initials "SN" (for Satoshi Nakamoto) below the date. We hope this RARE and SPECIAL coin variation adds a little of the classic "coin roll hunting" fun to the Bitcoin Penny™ experience. Our 2016 Short Rolls (20 coins) will each contain 19 standard mint coins (with auction winner's initials) plus one (1) special mint SN coin, while our new 2016 Classic Roll (40 coins) will each contain 38 standard mint coins (with auction winner's initials) plus two (2) special mint SN coins. In addition, we will be producing new 2016 Limited Edition Rolls which will each contain FORTY (40) of our special mint SN coins. Production of our 2016 Limited Edition Rolls will be limited to ten (10) rolls only. Once again, this auction is for our standard mint coins only, which will comprise the majority of our 2016 Bitcoin Penny™ commemorative coins.

**NOTE: We reserve the right to refuse any choice of initials which we deem to be morally offensive (ex. ASS) or unfavorable to bitcoin or the bitcoin community.

[1715230165]

1715230165

[1715230165]

1715230165

[1715230165]

1715230165

[minerjones]

0.25BTC

[BitcoinPenny]

Minerjones starts the bidding at .25 BTC for his initials (perhaps "MJ") to be minted on our NEW 2016 Bitcoin Penny™ commemorative coin!

Thanks, minerjones!

Regards,
Chris

[Mitchell]

0.26

[BitcoinPenny]

Or maybe our NEW 2016 Bitcoin Penny™ commemorative coin will look like this...

(Thanks for the bid, Mitchełł!)

[hybridsole]

0.3 BTC

Love the idea. 

[BitcoinPenny]

Thanks for the bid, hybridsole! Maybe you'd like "HS" minted on our new coin?

Regards,
Me

[ezeminer]

0.35BTC

[BitcoinPenny]

Thanks for the bid, ezeminer! Maybe our new coin will look like this: 

Regards,
Me


TO ALL BIDDERS: Please feel free to add a note with your bids such as, "I choose 'EZ', please." (Or something like that.) And I'll be happy to add those characters to a mock design (as seen above). Just for fun.

[digicoinuser]

0.36BTC - I choose "DIGI"

[BitcoinPenny]

0.36BTC - I choose "DIGI"

Here ya go... 

Regards,
Me

[Beraturker]

0.37BTC

Thanks.. 

[IBGigglin]

.38BTC

[TheNewAnon135246]

What is the max amount of characters?

[BitcoinPenny]

Thanks for the bids, Beraturker and IBGigglin!

How about one of these designs?

or

Regards,
Me

[BitcoinPenny]

What is the max amount of characters?

Great question!

Traditionally, you'll find either two (2) or three (3) characters minted on U.S. coins which represent the initials of the artist who created the artwork / coin design. (Which is the reason we chose "CJB" to be minted on our 2015 coin.) You'll find a one (1) letter "mint mark" on many coins, as well. (Additionally, we placed our "CJB" characters in the space where the mint mark would normally be seen on a U.S. cent.) So if numismatic tradition is important to you, I'd stick with one to three characters (1-3).

Technically, we may be able to fit four or five (4-5) characters below the date. However, those characters may need to be minted smaller or closer together to fit in the available space. And that may make the text a bit harder to read on a small coin.

To play it safe, I'd recommend no more than three (3) characters. On the other hand, if you have two skinny "I" letters as in our "DIGI" example above, then four (4) characters would fit quite easily.

Regards,
Chris

[IBGigglin]

GIGŁ   

[TheNewAnon135246]

What is the max amount of characters?

Great question!

Traditionally, you'll find either two (2) or three (3) characters minted on U.S. coins which represent the initials of the artist who created the artwork / coin design. (Which is the reason we chose "CJB" to be minted on our 2015 coin.) You'll find a one (1) letter "mint mark" on many coins, as well. (Additionally, we placed our "CJB" characters in the space where the mint mark would normally be seen on a U.S. cent.) So if numismatic tradition is important to you, I'd stick with one to three characters (1-3).

Technically, we may be able to fit four or five (4-5) characters below the date. However, those characters may need to be minted smaller or closer together to fit in the available space. And that may make the text a bit harder to read on a small coin.

To play it safe, I'd recommend no more than three (3) characters. On the other hand, if you have two skinny "I" letters as in our "DIGI" example above, then four (4) characters would fit quite easily.

Regards,
Chris

So technically 'TRUMP' wouldn't fit on the coin?

[BitcoinPenny]

So technically 'TRUMP' wouldn't fit on the coin?

LOL Now that's funny, my friend.

Me

[BitcoinPenny]

GIGŁ   

You got it!

Good luck!

Regards,
Me

[dozerz]

0.39

[IBGigglin]

.4BTC

[BitcoinPenny]

Or if dozerz wins, our NEW 2016 Bitcoin Penny™ commemorative coin may look like this...

Good luck, dozerz!

Regards,
Me

[Mitchell]

.4BTC

Seriously? ;o

[BitcoinPenny]

.4BTC

Seriously? ;o

He outbid you AND stole your "Ł", Mitchełł.


Me

[Mitchell]

How rude of him!

[IBGigglin]

roughly 8 cents a coin if 2000 minted seems more than fair for everyone to have a little GIGL 

[BitcoinPenny]

roughly 8 cents a coin if 2000 minted seems more than fair for everyone to have a little GIGL 

That's funny stuff.

And now for a Saturday afternoon bump...

Remember, folks...only seven (7) days left in the auction, and so far IBGigglin is the high bidder @ .4 BTC!

Good luck, everyone!

Regards,
Me

[wttbs]

I have a question...

If you win the auction, your 3 initials are minted on the 2016 coins and you get 1 roll of the special SN coins. But you don't get a (roll) of the 2016 coin(s) with your initials???

[minerjones]

I have a question...

If you win the auction, your 3 initials are minted on the 2016 coins and you get 1 roll of the special SN coins. But you don't get a (roll) of the 2016 coin(s) with your initials???

You could always just change your name 

[wttbs]

I have a question...

If you win the auction, your 3 initials are minted on the 2016 coins and you get 1 roll of the special SN coins. But you don't get a (roll) of the 2016 coin(s) with your initials???

You could always just change your name 

That is not what I mean. You win the auction and you will receive a roll of SN-coins but NO 2016 coin(s) with your initials on it, you have to buy those.?..

[minerjones]

I have a question...

If you win the auction, your 3 initials are minted on the 2016 coins and you get 1 roll of the special SN coins. But you don't get a (roll) of the 2016 coin(s) with your initials???

You could always just change your name 

That is not what I mean. You win the auction and you will receive a roll of SN-coins but NO 2016 coin(s) with your initials on it, you have to buy those.?..

Hmm.... maybe he will be nice and toss in a complimentary roll!!

[ezeminer]

Interesting fact, there are 46656 combinations that could be added to this coin if using a standard 26 letter alphabet, 10 numerals and 3 placeholders.

1.7 million roughly if using 4 placeholders

*NOTE: This auction is for our standard mint coin only, which comprises the majority of our 2016 Bitcoin Penny™ commemorative coins. In addition to our standard mint coin, we will also be minting an EXTREMELY LIMITED special mint coin with the initials "SN" (for Satoshi Nakamoto) below the date. We hope this RARE and SPECIAL coin variation adds a little of the classic "coin roll hunting" fun to the Bitcoin Penny™ experience. Our 2016 Short Rolls (20 coins) will each contain 19 standard mint coins (with auction winner's initials) plus one (1) special mint SN coin, while our new 2016 Classic Roll (40 coins) will each contain 38 standard mint coins (with auction winner's initials) plus two (2) special mint SN coins. In addition, we will be producing new 2016 Limited Edition Rolls which will each contain FORTY (40) of our special mint SN coins. Production of our 2016 Limited Edition Rolls will be limited to ten (10) rolls only. Once again, this auction is for our standard mint coins only, which will comprise the majority of our 2016 Bitcoin Penny™ commemorative coins.

It looks like this should answer your question

[wttbs]

Interesting fact, there are 46656 combinations that could be added to this coin if using a standard 26 letter alphabet, 10 numerals and 3 placeholders.

1.7 million roughly if using 4 placeholders

*NOTE: This auction is for our standard mint coin only, which comprises the majority of our 2016 Bitcoin Penny™ commemorative coins. In addition to our standard mint coin, we will also be minting an EXTREMELY LIMITED special mint coin with the initials "SN" (for Satoshi Nakamoto) below the date. We hope this RARE and SPECIAL coin variation adds a little of the classic "coin roll hunting" fun to the Bitcoin Penny™ experience. Our 2016 Short Rolls (20 coins) will each contain 19 standard mint coins (with auction winner's initials) plus one (1) special mint SN coin, while our new 2016 Classic Roll (40 coins) will each contain 38 standard mint coins (with auction winner's initials) plus two (2) special mint SN coins. In addition, we will be producing new 2016 Limited Edition Rolls which will each contain FORTY (40) of our special mint SN coins. Production of our 2016 Limited Edition Rolls will be limited to ten (10) rolls only. Once again, this auction is for our standard mint coins only, which will comprise the majority of our 2016 Bitcoin Penny™ commemorative coins.

It looks like this should answer your question

It doesn't for me, I doesn't say you actualy win a (or several) standard mint coin(s). The way I read it is what you win is that your initials will be minted on all standard 2016 coins, not that you will win/receive any of these coins.

[ezeminer]

-snip-

It doesn't for me, I doesn't say you actualy win a (or several) standard mint coin(s). The way I read it is what you win is that your initials will be minted on all standard 2016 coins, not that you will win/receive any of these coins.

Actually you are right.
I missed that, all these standard mint, special mint things were messing with me.

I think this is what you actually win. Your name minted on all two thousand coins, and a limited edition roll with the SN.

-snip-

That's right! The highest bidder in this auction will win the privilege of having his / her personal initials of choice minted on the front of at least TWO THOUSAND of our new 2016 Bitcoin Penny™ commemorative coins!

-snip-

BONUS: The winning bidder will receive one (1) FREE 2016 Bitcoin Penny™ Limited Edition Roll (40 Special Mint* "SN" Coins -- see note below) as a special THANK YOU!

-snip-

[owlcatz]

-snip-

It doesn't for me, I doesn't say you actualy win a (or several) standard mint coin(s). The way I read it is what you win is that your initials will be minted on all standard 2016 coins, not that you will win/receive any of these coins.

Actually you are right.
I missed that, all these standard mint, special mint things were messing with me.

I think this is what you actually win. Your name minted on all two thousand coins, and a limited edition roll with the SN.

-snip-

That's right! The highest bidder in this auction will win the privilege of having his / her personal initials of choice minted on the front of at least TWO THOUSAND of our new 2016 Bitcoin Penny™ commemorative coins!

-snip-

BONUS: The winning bidder will receive one (1) FREE 2016 Bitcoin Penny™ Limited Edition Roll (40 Special Mint* "SN" Coins -- see note below) as a special THANK YOU!

-snip-

Thanks for this, I was thinking the same exact thing but missed the part about the roll of 40. HOWEVER... Does that mean all 40 coins in the roll are SN coins, or is it just two of the 40?

Also, Christopher - Are the rest of the 2016 coins going to have your initials again, or did I miss that part as well? Cool ideas btw!

Thanks!

[BitcoinPenny]

Great question, wttbs!

As we originally intended, the winner will have his / her initials minted on all our 2016 standard mint coins. And as a THANK YOU for playing, he / she will receive a FREE 2016 Limited Edition Roll (40 special mint SN coins).

However, I can certainly see your point of view, so let me amend the rules. The winner will have his / her choice of either a FREE 2016 Limited Edition Roll or a FREE Classic Roll (with 38 standard mint coins + 2 special mint coins.)

Does that sound fair?

Good luck!

Regards,
Chris

[wttbs]

Great question, wttbs!

As we originally intended, the winner will have his / her initials minted on all our 2016 standard mint coins. And as a THANK YOU for playing, he / she will receive a FREE 2016 Limited Edition Roll (40 special mint SN coins).

However, I can certainly see your point of view, so let me amend the rules. The winner will have his / her choice of either a FREE 2016 Limited Edition Roll or a FREE Classic Roll (with 38 standard mint coins + 2 special mint coins.)

Does that sound fair?

Good luck!

Regards,
Chris

Great solution Chris !

[BitcoinPenny]

Thanks for this, I was thinking the same exact thing but missed the part about the roll of 40. HOWEVER... Does that mean all 40 coins in the roll are SN coins, or is it just two of the 40?

Let me clarify things a little with our products list (using owlcatz as an example of highest bidder):

• Original 2-Pack -- two (2) standard mint OC (for OwlCatz) coins only
• Short Roll -- nineteen (19) OC coins + one (1) special mint SN coin
• Classic Roll -- thirty-eight (38) OC coins + two (2) special mint SN coins
• Limited Edition Roll -- forty (40) SN coins only

As highest bidder, owlcatz would have his CHOICE of either one (1) FREE Classic Roll or one (1) FREE Limited Edition Roll. Does that make things a little clearer?

Also, Christopher - Are the rest of the 2016 coins going to have your initials again, or did I miss that part as well? Cool ideas btw!

None of the 2016 coins will have my initials. The only initials minted on our 2016 coins will be of the auction winner (for instance, OC on at least 2,000 coins) and the SN initials on our significantly fewer special mint coins.

I've seen my initials on enough Bitcoin Penny™ commemorative coins. It's time to let someone else enjoy the coolness for a while.

Regards,
Me

[owlcatz]

Perfect, thanks, that is 100% clear now.

[BitcoinPenny]

Good morning, everyone! Only five (5) days left to play in the auction and have your initials minted on our NEW 2016 Bitcoin Penny™ Commemorative Coin!

Good luck!

Regards,
Chris

[BitcoinPenny]

We're super eager to send the new coin designs to the mint! Just waiting on the final detail...

Whose initials will be minted on the front of our NEW 2016 coins???

Can't wait to find out!

Good luck!


Me

[IBGigglin]

Assuming I win this can I pick the free classic roll and purchase a few LE roll(s) in advance?

[BitcoinPenny]

Assuming I win this can I pick the free classic roll and purchase a few LE roll(s) in advance?

GIGŁ, <----- (Hehe!)

Great question!

You may certainly pick the free Classic Roll, and I'm happy to sell you as many Limited Edition Rolls as you like.

However, if by purchasing "in advance" you mean that you would have the exclusive opportunity to buy one or more Limited Edition Rolls before anyone else on the forum, then I'd have to respectfully say no, as that may seem a little unfair to some other forum members. (After all, this year we are making only TEN (10) Limited Edition Rolls in total. Yep, we're serious about the word "Limited.") On the other hand, if you are asking if our Limited Edition Rolls can be pre-ordered (by anyone, regardless of who wins this auction), then a pre-sale is something that we can certainly consider, if that's something you're interested in.

We still have a few details / features to address with our new 2016 Limited Edition Rolls, but I can post any pre-sale info (price / ETA / etc) when we have it all straight. Should be in the next week or two, I imagine.

Sound good?

Regards,
Chris

[digicoinuser]

0.41BTC   

[IBGigglin]

Assuming I win this can I pick the free classic roll and purchase a few LE roll(s) in advance?

GIGŁ, <----- (Hehe!)

Great question!

You may certainly pick the free Classic Roll, and I'm happy to sell you as many Limited Edition Rolls as you like.

However, if by purchasing "in advance" you mean that you would have the exclusive opportunity to buy one or more Limited Edition Rolls before anyone else on the forum, then I'd have to respectfully say no, as that may seem a little unfair to some other forum members. (After all, this year we are making only TEN (10) Limited Edition Rolls in total. Yep, we're serious about the word "Limited.") On the other hand, if you are asking if our Limited Edition Rolls can be pre-ordered (by anyone, regardless of who wins this auction), then a pre-sale is something that we can certainly consider, if that's something you're interested in.

We still have a few details / features to address with our new 2016 Limited Edition Rolls, but I can post any pre-sale info (price / ETA / etc) when we have it all straight. Should be in the next week or two, I imagine.

Sound good?

Regards,
Chris

Sounds perfect.

Digi.....Don't do this to me....

[Mitchell]

IBGigglin you bid 4BTC. Not sure why digi's bid would matter. ;P

.4BTC

[wttbs]

IBGigglin you bid 4BTC. Not sure why digi's bid would matter. ;P

.4BTC

IBGigglin bid .4BTC so digi's bid of 0.41BTC is legit

[Mitchell]

How did I miss that dot four times? I'm an idiot.

[wttbs]

How did I miss that dot four times? I'm an idiot.

drink mooore coffeeee

[BitcoinPenny]

0.41BTC   

The new high bidder is digicoinuser with 0.41 BTC!

Digi, it's a good looking coin, yes?

Only three (3) days left to bid and win...

Good luck, everyone!

Regards,
Me

[IBGigglin]

How did I miss that dot four times? I'm an idiot.

You had me doing the cost per coin a few days ago when you mentioned how much I bid after a .01 increment lol I'll be honest for a second I was you had me thinking what the hell did I just do? Good to see you thought I bid 10x what I did lol

[BitcoinPenny]

Exactly forty-eight (48) hours left in the auction!

Whose initials will be on AT LEAST 2,000 of the NEW 2016 Bitcoin Penny™ commemorative coins?

It could be...

Good luck, everyone!

Regards,
Me

[DaveF]

BTC0.42
Because the name Dave should be on all coins.
-Dave

[BitcoinPenny]

BTC0.42
Because the name Dave should be on all coins.
-Dave

LOL I love how the small initials under the year went from the cryptic "CJB" or "MJ" to... "DAVE."

Thanks for the new high bid. And good luck, Dave!

Regards,
Me

[IBGigglin]

Davecoins

.

[BitcoinPenny]

LOL I love how the small initials under the year went from the cryptic "CJB" or "MJ" to... "DAVE."

By the way, my big brother will be thrilled if "DAVE" wins the auction.

Regards,
Me

[TheNewAnon135246]

I'm still waiting for 'TRUMP' to be accepted .

[BitcoinPenny]

Less than twenty-four (24) hours left in the auction!

Good luck, everyone!

Regards,
Me

[minerjones]

What if my initials are "SN"  Or will this not be allowed due to the limited SN - Satoshi coins??

and if not SN, I vote "DAVE"   

[BitcoinPenny]

Only nine (9) hours left in the auction! Bid NOW!

What if my initials are "SN"  Or will this not be allowed due to the limited SN - Satoshi coins??

LOL In that case, I'd suggest you include your middle initial. And if you don't have one, then it's time you did. We'll make one up for you -- SJN -- Steven Joel Neilson.

Regards,
Me

[AT101ET]

Only nine (9) hours left in the auction! Bid NOW!

What if my initials are "SN"  Or will this not be allowed due to the limited SN - Satoshi coins??

LOL In that case, I'd suggest you include your middle initial. And if you don't have one, then it's time you did. We'll make one up for you -- SJN -- Steven Joel Neilson.

Regards,
Me

How about NSN* for Not Satoshi Nakamoto 

[BitcoinPenny]

Exactly three (3) hours remaining...

Who'll be minted on our NEW 2016 Bitcoin Penny™ commemorative coin???

Good luck, everyone!

Regards,
Me

[BitcoinPenny]

Only thirty (30) minutes until the auction ends!

Good luck, everyone!


Me

[minerjones]

0.44BTC

[minerjones]

0.43

[DaveF]

fine I'll do the .44

-Dave

[BitcoinPenny]

fine I'll do the .44

-Dave

Per the rules, the auction extends an additional 15 minutes...

High bidder is DaveF with .44BTC.


Regards,
Me

[BitcoinPenny]

And the initials minted on our NEW 2016 Bitcoin Penny™ commemorative coin will be...

Congratulations, DaveF, on the winning bid of .44BTC!

Please verify the initials you'd like minted on the coins, and we'll start the ball (or coins) rolling as soon as the bid is received.

And thank you, everyone, for your participation. It was a fun little auction. In fact, we look forward to doing the same next year for our 2017 release.

Regards,
Chris
The Bitcoin Penny Company

[DaveF]

Dave is fine. Because all coins should have my name on it 

I'll send the BTC when I get home from work tonight or 1st thing tomorrow AM.

How long is the production lead time?

-Dave

[digicoinuser]

Congrats, looking forward to the "Dave" coin!   

[BitcoinPenny]

How long is the production lead time?

-Dave

The lead time for minting is about three (3) weeks. Maybe one (1) more week for all our products to be ready for sale, so we're expecting an early April launch. Super excited!

Once again, congratulations!

Regards,
Me

[IBGigglin]

Got to love it. 

[chronicsky]

How could i miss something so good
I was kinds confused on why Dave

Though Sky would have been perfect for 3 Alphabets 

Just saying