Scams and other complications have caused some of my favorite HiBid coin auctioneers to ban certain bidders or require bank transfers to ensure payment. Here’s an example from Stagecoach Auctions: You’ll notice in the “bidding notice” at the bottom of the photo above is that the auction is not accepting new bidders from outside the […]
Bitcoins and physical cryptocurrency featured in the Stack’s Bowers Galleries spring 2023 auction
Costa Mesa, CA — Stack’s Bowers Galleries is proud to announce the Physical Cryptocurrency Session of their Official Auction of the Whitman Coin & Collectibles Spring Expo. This is Stack’s Bowers Galleries’ first crypto offering since their historic Cryptocurrency Anniversary sale in November 2022, an event that pushed the firm’s total prices realized in this […]
November Bitcoin auction pushes crypto past $2 million for Stack’s Bowers Galleries
Costa Mesa, California — Stack’s Bowers Galleries has now sold over $2 million in physical cryptocurrency, propelled by strong results in their November 2022 Cryptocurrency Anniversary Session, which realized nearly $450,000. This special auction featured an unprecedented 101 coins spanning the Bitcoin, Litecoin, Monero, and Dogecoin cryptocurrencies and offering all of the most popular series, including Casascius, Lealana, BTCC, MoonBits, Satori, Crypto Imperator, Denarium, Titan Mint, and many others. An […]
Bitcoin and Crypto Anniversary Session Presented by Stack’s Bowers Galleries on November 4, 2022
Costa Mesa, California — Stack’s Bowers Galleries is proud to present the Cryptocurrency Anniversary Session of their Winter 2022 Showcase Auction, the Official Auction of the Whitman 2022 Baltimore Expo. With live bidding taking place on Friday, November 4, this special stand-alone session marks the one-year anniversary of the firm’s first-ever offering of physical cryptocurrency in […]
The not-quite-forgotten check
By David Lott, a payments risk expert in the Retail Payments Risk Forum at the Atlanta Fed Whitman publisher Dennis Tucker notes: “Syngraphics is a term coined in 1974 by numismatist Gene Hessler and The Reverend Richard Doyle, chairman of the Department of Classical Languages at Fordham University, to encompass paper currency and related items—printed checks, bonds, […]
Paper and digital: The two-part approach to hurricane preparedness
The following is re-posted with permission from the website of the Federal Reserve Bank of Atlanta It’s Atlantic hurricane season. Depending on where you live, you might choose to get some extra cash to weather uncertain times. If you’re like most people, though, you’ll sit tight. Most consumers don’t get extra cash in advance of predicted […]
Bitcoins and physical cryptocurrency featured in the Stack’s Bowers Galleries Summer 2022 Auction
Costa Mesa, CA (July 27, 2022) — Stack’s Bowers Galleries is thrilled to announce another unprecedented selection of Bitcoins and physical cryptocurrency in their Summer 2022 Global Showcase Auction. This offering comes on the heels of the firm’s record-setting sales of Bitcoins in their April and June 2022 auctions, where strong premiums of up to 5,000% were […]
Vulnerable populations and the case for cash
By Scarlett Heinbuch, a payments risk expert in the Retail Payments Risk Forum, and Dontá Council, an adviser in community and economic development, both at the Atlanta Fed We recently wrote a post about communities not being able to access cash because of natural or man-made disasters. Severe weather and war, for example, may leave a […]
All about Project Hamilton
What might a central bank digital currency (CBDC) look like? And how would it work? Eight Caribbean countries and Nigeria are the only countries so far that have fully launched a CBDC. As many as 90 other countries are at some stage of evaluation. While the Federal Reserve Board of Governors has not expressed any […]
ATM jackpotting attacks getting clever
The following is a reprint of an article by David Lott, a payments risk expert in the Retail Payments Risk Forum at the Atlanta Fed In reviewing my previous posts on ATM fraud, I realized I haven’t written about ATM jackpotting since cybersecurity journalist Brian Krebs detailed the first jackpotting attacks against ATMs in the United States in […]
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