First PCGS-Certified Gold TiffCoin by Tiffany & Co. in GreatCollections Auction
Only 499 Minted, Quickly Sold Out on Day of Issue in 2022
(Irvine, California) – An 18k Gold TiffCoin by Tiffany & Co. is being auctioned by GreatCollections on Sunday, May 19th. The rare collectible is the first to be certified and authenticated by Professional Coin Grading Service (PCGS).
Only 499 were produced by the 186-year old company, which sold out in a few hours on the Tiffany website two years ago. A day before its release, Tiffany teased that the firm was launching TiffCoin as a new cryptocurrency, which was picked up by national media including Forbes. But instead of a cryptocurrency, Tiffany produced this physical collectible in 18k yellow gold weighing 38.9 grams. The iconic Tiffany & Co. “T” from their logo has been edited with the two horizontal lines, similar to the Bitcoin logo.
“Tiffany successfully merged their luxury brand, physical gold and the cryptocurrency collectibles category with this Tiffcoin release. With such a low mintage, they are in very strong hands, as only one or two have appeared on the market since their release. We expect strong bidder participation in this auction” said Ian Russell, president of GreatCollections.
The TiffCoin was graded PCGS MS-67 and comes with the original packaging in pristine condition: the special Tiffany jewelry box in blue, folio, hand-numbered Certificate of Authenticity and blue pouch.
Tiffany & Co is not new to producing collectibles. For over 150 years, Tiffany medals have been produced in bronze, silver and gold on a variety of topics, including college awards, memorial medals for New York firemen, political medals for William Jennings Bryan and many others. More recently, from 1973 until 2007, Tiffany produced silver and gold medals that could be spent in their stores on fine jewelry.
GreatCollections has sold two cryptocurrency-related collectibles for over $1 million each, including a 2011 25 BTC Casascius Gold-Plated coin for $1,698,750. Earlier this month, GreatCollections auctioned a 2012 1 BTC Casascius coin for $77,625.
The TiffCoin is being sold in an unreserved auction on Sunday, May 19th. To find out more, visit www.greatcollections.com or telephone 1-800-442-6467.
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Source: Great Collections Coin and Currency Auctions
GreatCollections, the official auction house of the American Numismatic Association, specializes in auctioning certified coins and banknotes, handling transactions from start to finish. Since its founding in 2010, GreatCollections has successfully auctioned over 1 million certified coins, making it one of the leading certified coin companies in the United States with annual sales in 2022 exceeding $270 million. Ian Russell, owner/president of GreatCollections, is a member of the prestigious Professional Numismatists Guild, member of the National Auctioneers Association and was recently named the ANA Harry J. Forman Dealer of the Year. For more information about GreatCollections, visit www.greatcollections.com or call 800-442-6467.
