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Author Topic: The mysterious oriental gold, Bitcoin, still has 89% remaining unredeemed.  (Read 237 times)
goldphysicalbitcoin (OP)
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January 06, 2026, 08:10:34 AM
Merited by bitbollo (1)
 #1

"2014 Oriental Gold Physical BTC: 1 oz gold coin containing 1 BTC, limited to 100 pieces, not for sale. 89% remain unredeemed after 12 years, embodying the true spirit of the Diamond Hand, an OG among OGs." Official website: https://goldphysicalbitcoin.com
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January 06, 2026, 08:46:30 AM
 #2

Thanks for sharing the website. The description in encyclopedia is really intriguing Smiley

Where have it been sold? Or is there someplace where they are selling this?
I have tried to search the firstbits with no success Sad How can I see the original tx/check their loading?
I am curious to know...according Ahoen, it has been created a die for each coin (due the serial number?)
The same QRcode seems already designed with the coin... it was created one by one?

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goldphysicalbitcoin (OP)
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January 06, 2026, 09:14:00 AM
Last edit: January 06, 2026, 11:46:57 AM by mprep
 #3

Thanks for sharing the website. The description in encyclopedia is really intriguing Smiley

Where have it been sold? Or is there someplace where they are selling this?
I have tried to search the firstbits with no success Sad How can I see the original tx/check their loading?
I am curious to know...according Ahoen, it has been created a die for each coin (due the serial number?)
The same QRcode seems already designed with the coin... it was created one by one?

Thanks for the interest! Here are the details regarding your questions:

1. On Availability: This was a commemorative project created back in 2014, not a commercial product. It was intended strictly for private collection by early Bitcoin enthusiasts. There has never been an official public sales channel; only a few private transfers occurred among early adopters in the past, and these were always priced in BTC.

2. On Tracking / Firstbits: "Firstbits" functionality is largely obsolete now, which is why your search failed. You can check the original funding records and current status directly by entering the Bitcoin address on our website (or a block explorer). Note regarding the addresses: We have not publicly listed all addresses to protect the coins from "dust attacks," which would disrupt the clean 1 BTC balance (a concern for those of us with OCD regarding the exact balance!).

3. On Manufacturing: You have a very sharp eye! Yes, a separate die was indeed created for each individual coin. We spent 500 BTC at the time, covering the cost of the gold and the production of 101 unique dies. Because the production cost far exceeded the face value (1 BTC), it was never destined to be a commodity priced in fiat currency. It was simply positioned as an "inside joke" or meme for the early Bitcoin community.



"Just to add one more detail: The reason we created a separate die for each coin wasn't just for the serial numbers. Each die had to incorporate the specific QR code for that coin's encrypted private key, which was then struck directly into the metal. This means the physical relief pattern of every coin is unique.

Our goal was to have the private key data permanently minted into the gold itself—rather than using superficial laser etching or stickers. You can essentially think of it as a 'paper wallet,' but forged in solid gold."

[moderator's note: consecutive posts merged]
MoparMiningLLC
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January 06, 2026, 01:47:10 PM
Last edit: January 06, 2026, 03:22:18 PM by MoparMiningLLC
 #4

first bits works easily - if the address is funded, using first bits will populate - it only can be an issue if multiple coins have identical first bits - case and all. Otherwise first bits works - it is not obsolete.

Mine BTC @ kano.is
Offering escrow services https://bitcointalk.org/index.php?topic=5154480
All Bitcoin 3D printing needs at CryptoCloaks
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January 06, 2026, 05:34:33 PM
 #5

I feel like many explorers have stopped supporting firstbit searches though.

https://chainz.cryptoid.info/ was one of the last few I could find that actually still does when I searched a few months ago.

@goldphysicalbitcoin, why does your website say there’s a total of 405.66 BTC between the 100 coins? Weren’t they all only loaded with 1 BTC each or did some owners load more onto their coins?

Join us over in the Reddit group!  www.reddit.com/r/CryptoCollectibles
MoparMiningLLC
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January 06, 2026, 05:57:42 PM
Merited by Rymaster (1)
 #6

I feel like many explorers have stopped supporting firstbit searches though.

https://chainz.cryptoid.info/ was one of the last few I could find that actually still does when I searched a few months ago.

@goldphysicalbitcoin, why does your website say there’s a total of 405.66 BTC between the 100 coins? Weren’t they all only loaded with 1 BTC each or did some owners load more onto their coins?

it could be that some have - I use mempool.space and it works fine. I have seen at least 4 or 5 others that work with it as well. but mempool.space has been the easiest to use and you can run your own instance of it on your own node.

Mine BTC @ kano.is
Offering escrow services https://bitcointalk.org/index.php?topic=5154480
All Bitcoin 3D printing needs at CryptoCloaks
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January 06, 2026, 06:06:45 PM
 #7

That is good info Mopar! I didn’t realize I could setup mempool on a node, will have to put that on the to-do list Cool ty

Join us over in the Reddit group!  www.reddit.com/r/CryptoCollectibles
goldphysicalbitcoin (OP)
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January 07, 2026, 05:25:34 AM
 #8

Originally, each of these gold coins was loaded with 1 BTC back in 2014. After being distributed to core community members, they've changed hands multiple times over the years, making it impossible to track every current owner. Some holders have added extra Bitcoin to their coin's address for storage—the highest balance on one coin is now 26.6 BTC. More than half still hold just the original 1 BTC, while 8 coins have had their BTC fully redeemed (balance 0), likely by unaware owners. If early participants knew about them, they'd surely have acquired these at a premium well above 1 BTC.
These figures come from checking the 100 addresses on mempool.space every 12 hours. By the way, I highly recommend mempool.space—it's incredibly clean and practical!

I feel like many explorers have stopped supporting firstbit searches though.

https://chainz.cryptoid.info/ was one of the last few I could find that actually still does when I searched a few months ago.

@goldphysicalbitcoin, why does your website say there’s a total of 405.66 BTC between the 100 coins? Weren’t they all only loaded with 1 BTC each or did some owners load more onto their coins?
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January 07, 2026, 05:54:06 AM
 #9

 Kiss
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Today at 02:39:01 AM
 #10

I recall that 10 years ago, I, as an amateur collector myself, had contacted Mr. Hu Lin in a Wechat private talk and tryed to get my hands on one of these coins, by offering a price which was way more than double of its intrinsic value then (1 btc + 1 oz. gold). But it was a pity that my efforts was in a vain. If there's possibly an auction showing up here in the future to sell such an item, I'd like to eagerly join in.
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Today at 04:50:19 AM
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Never heard of it. Did we even have qr codes back then?
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Today at 05:56:27 AM
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Please make sure that any potential coin sales happen here on the forum with coin verification and escrow. We had a similar post on our facebook page with coins claimed as owned but pictures were stolen. Cannot confirm if OP is the same. Just be careful if coins come up for sale.
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Today at 06:56:00 AM
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Never heard of it. Did we even have qr codes back then?

Don't know it. But the news of their existence was popular on the web, especially in the Chineses sector.
I even offered 20k dollars for a piece when the value of btc was probably only 6-7k. There's no answer back anyway.
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