Cryptocurrency Silver Rounds

Cryptocurrency Silver Rounds from JM Bullion

The most popular form of cryptocurrency in the world today is Bitcoin. Discussed on financial networks and tracked daily, Bitcoin has become a talking point as people around the world assess the long-term value and stability of fiat currencies. However, Bitcoin is far from the only form of cryptocurrency available for those looking to invest in these digital currencies or use them for secure, anonymous transactions online. Other forms of cryptocurrency, such as Bitcoin Cash, Litecoin, and Ethereum exist as so-called altcoins. Bitcoin and the other leading forms of cryptocurrency have become so popular that private mints are producing silver rounds with their images as a physical form of these digital currencies. Among the cryptocurrency design collections you’ll find below are programs from the Anonymous Mint and the Blockchain Mint. Learn more about these exciting collections now!

Bitcoin and Altcoins

Bitcoin is the unquestioned leader of the cryptocurrency world. Its 2009 introduction by Satoshi Nakamoto launched a movement that would expand several times in the next decade. The first cryptocurrency to emerge after Bitcoin was Litecoin, and it came with the rather unceremonious nickname of “altcoin,” a term used to refer to all other forms of cryptocurrency that are not Bitcoin.

Many of the other leading forms of cryptocurrency use the same technology as Bitcoin to process and track transactions: blockchain. In some cases, there is little difference between the varying forms of cryptocurrency other than the name itself. Following the creation of Litecoin, other types of cryptocurrency debuted that included Ethereum and Bitcoin Cash. Below, you can read brief backgrounds on each type of cryptocurrency represented in silver rounds within our catalog:

• Bitcoin: The first form of cryptocurrency, Bitcoin was launched in 2009 by the anonymous Satoshi Nakamoto, a figure many people believe doesn’t actually exist. By far the most popular, Bitcoin’s highest recorded value came in late 2017 when it hit $19,891.00 per unit
• Litecoin: The second cryptocurrency introduced, Litecoin was issued for the first time in October 2011. Litecoin is identical Bitcoin from a technical aspect, but it has a network speed that aims to process blocks every 2.5 minutes compared to Bitcoin’s 10 minute processing time. The result is that Litecoin transactions are processed quicker.
• Ethereum: This cryptocurrency was introduced in 2015 and is actually the second-largest market cap in the cryptocurrency industry. Its value and prominence are second only to Bitcoin. In a unique twist, Ethereum is its own blockchain-based platform that allows developers to create decentralized apps and smart contracts. A single unit of Ethereum is known as Ether.
• Bitcoin Cash: One of the more recent introductions, Bitcoin Cash was actually created in a software move known as a hard fork that split the currency from the original Bitcoin. Bitcoin Cash’s value has struggled since then as it split again creating two different forms of Bitcoin Cash. The two separate forms have a lower combined value than the singular Bitcoin Cash had before the hard fork.

Crypto Commemorative Collection from Blockchain

Blockchain Mint launched an exciting series of crypto currency-themed silver rounds that capitalizes on the growing popularity of several major forms of each digital currencies. The Blockchain collection features 1 oz proof and 1 oz antique silver rounds with designs honoring Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and a special release to mark the 10th anniversary of Bitcoin in 2019.

The proof silver rounds of the Crypto Commemorative collection feature frosted design elements overlaying mirrored background fields to help create visual contrast between the designs and the background fields. Antique silver rounds in the collection have a brushed, matte appearance courtesy of the application of an antique polish to the silver rounds. Each silver round is individually numbered, housed inside of a protective plastic package, and comes with a numbered Certificate of Authenticity.

Available designs in the Crypto Commemorative collection from Blockchain include:

• Bitcoin: The iconic Bitcoin symbol is featured on the obverse. The capital letter “B” with two vertical lines struck through it appears.
• Bitcoin Cash: This cryptocurrency may have split from Bitcoin, but it still shares the same symbol and has it featured on the obverse.
• Litecoin: Similar to Bitcoin, Litecoin follows the fiat currency trend of using a singular letter as a symbol. In this case, Litecoin’s symbol is a capital letter “L” with a line struck at an angle through the vertical arm of the “L.”
• Ethereum: Arguably the most unique symbol, Ethereum uses an octahedron as its symbol. Traced back to the Heart Chakra from the cultures of the Indian subcontinent, the octahedron shape is the center of love and compassion. As such, it not only reflects love and compassion, but also energy and self-reflection.
• Bitcoin 10th Anniversary: The 10th-anniversary issue features the same symbol as the Bitcoin silver round with a commemorative 2019 date to mark 10 years since Bitcoin’s release.

All of the silver rounds in the Blockchain Crypto Commemorative collection share the same reverse design. Both sides of the coin have background design elements that resemble computer coding and networks as a nod to the virtual existence of cryptocurrencies. On the common reverse, the design featured was inspired by a 2011 creation by MJB. This design appeared on the first commemorative “silver coins” released as a physical representation of cryptocurrencies.

Bitcoin Guardian Silver Round

The Bitcoin Guardian is one of the most popular Bitcoin Silver Rounds available to purchase. Exclusive to JM Bullion, the Guardian features an obverse design of a digital male figure. Known as the Guardian, he watches over consumers in the virtual world as they buy and sell goods using Bitcoin. The design includes the digital, left-profile portrait of a male with laser beams emanating from the eyes.

Bitcoin Guardian Silver Rounds are available in proof, antique, and colorized options. The proof rounds have mirrored backgrounds with frosted design elements. The antique rounds feature a matte finish and antique polish that gives each the appearance of ancient coinage. Colorized silver founds in the Bitcoin range all come with golden colorization on the reverse, with a darkened background behind the Bitcoin symbol. The symbol and a circle around it have golden colorization.

Bitcoin Anonymous Owl Silver Round

The Bitcoin Anonymous Owl Round puts the Anonymous Mint stamp on its Bitcoin Silver Round collections. These silver rounds have the same obverse design of the Bitcoin symbol, but feature a distinct reverse design that showcases the creators of the round series. The Anonymous Mint’s owl logo is found on this side of the round. The image is reminiscent of the US heraldic eagle. An owl is depicted with wings spread wide and clutching arrows in its talons. The owl wears a crown with the initials “AM” for Anonymous Mint. Above its head is a cluster of 13 stars. Below, the engraving of “Anonymous Mint” is featured. Unlike other Bitcoin Silver Rounds, the Anonymous Owl design is available only as a proof or antique round.

Bitcoin Icon Silver Round

The Bitcoin Icon Round has one of the most detailed reverse design fields you’ll find among Bitcoin rounds. The obverse has the standard design of the Bitcoin symbol with a background field that consists of binary code in a nod to the virtual existence of the popular cryptocurrency. The Icon Design on the reverse features a collection of images reflective of the nature and usage of Bitcoin. The reverse icons include a number of items relating to cryptocurrencies in general, including a pickaxe, piggybank, cloud, shopping cart, and moneybag. Each of these reflects the fact (in order) that Bitcoin is mined, held in online wallets, in the virtual cloud, and transferable online through e-commerce shopping carts.

Like the Bitcoin Guardian, the Icon Silver Round is available to purchase in proof, antique, and colorized silver options. Additionally, the Icon Silver Round is available as a copper round. There are limited mintages to this JM Bullion exclusive as well, with 3,000 proofs, 2,000 antiques, and 1,000 colorized rounds available.

Commonalities Among Bitcoin Silver Rounds

The Bitcoin Silver Rounds available in the JM Bullion catalog of silver for sale all come from Anonymous Mint. This private American mint’s Bitcoin designs are led by coin designer Julie Lindquist. Each of the Bitcoin Silver Rounds you can purchase here today released exclusively through JM Bullion. The rounds had limited mintage figures for each design type and option (proof, antique, colorized). All Bitcoin Silver Rounds come with 1 Troy oz of .999 pure silver.

Anonymous Mint takes the utmost care in the production of its silver rounds and the attention to detail is noticeable right away. Each Bitcoin Silver Round has a unique serial number engraved on the outer edge and is housed within a protective plastic capsule to ensure the condition for years to come. Finally, the silver rounds for sale are available with a numbered Certificate of Authenticity to match the serial number engraved on the round’s outer rim.

Background on the Anonymous Mint

Anonymous Mint is a private American coining company. Rather than producing a wide range of different gold, silver, platinum, and palladium products, Anonymous focuses its efforts on producing low-mintage, high-quality collectible series. Lead coin designer Julie Lindquist guides the mint’s vision when designing new programs, such as the Bitcoin Silver Rounds. The work of Lindquist and the team at Anonymous Mint has garnered the operation a reputation for excellence through programs such as the Alphonse Mucha, Norse Gods, and Amy Brown Collections. Many of Anonymous Mint’s other silver round collections are also available as exclusive releases through JM Bullion, a partnership we’re very proud of!

Basics of Bitcoin

Bitcoin Silver Rounds are popular in large part because it offers a “physical artifact for the real world,” a phrase Anonymous Mint enjoys using on the face of its Bitcoin rounds. New Bitcoin is mined through an online mathematical process and is limited in quantity over time. Users store Bitcoin inside of a virtual wallet and can spend or save their Bitcoin without the interference of government agencies or central banks. This virtual currency, known popularly as cryptocurrency, is completely anonymous and allows users to buy and sell without a digital trail that leads back to them individually. Bitcoin has soared in popularity in the 2010s following its 2009 introduction, hitting a high-value mark against the US dollar of more than $19,500 (B) to $1 (USD) in December 2017.

Get Bitcoin Silver Rounds at JM Bullion

If you’re looking to buy silver, JM Bullion has an exciting range of Bitcoin Silver Rounds to choose from while shopping. The Bitcoin Silver Rounds mentioned above are popular with collectors and available to you today. Our customer service team can help you with any questions you may have during the process. You can call us at 800-276-6508, chat with us live online, or simply send us an email.

In a sign of how popular cryptocurrencies have become, you can even use your Bitcoin to purchase cryptocurrency silver rounds from JM Bullion. Learn more about our Bitcoin purchasing process here.