Winning Bid
btchip
2.1M sats
$2,491.86
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September 18, 2025 7:36:18 PM UTC
2,100,000 sats
0.021 BTC
September 18, 2025 7:32:19 PM UTC
2,000,000 sats
0.02 BTC
September 18, 2025 7:31:39 PM UTC
1,900,000 sats
0.019 BTC
September 18, 2025 7:30:58 PM UTC
1,850,000 sats
0.0185 BTC
September 18, 2025 7:28:39 PM UTC
1,800,000 sats
0.018 BTC
September 18, 2025 7:27:46 PM UTC
1,700,000 sats
0.017 BTC
September 18, 2025 7:25:32 PM UTC
1,650,000 sats
0.0165 BTC
September 18, 2025 7:24:24 PM UTC
1,550,000 sats
0.0155 BTC
September 18, 2025 7:21:12 PM UTC
1,500,000 sats
0.015 BTC
September 18, 2025 7:20:36 PM UTC
1,400,000 sats
0.014 BTC
September 18, 2025 7:19:39 PM UTC
1,300,000 sats
0.013 BTC
September 18, 2025 7:17:11 PM UTC
1,250,000 sats
0.0125 BTC
September 18, 2025 7:19:17 PM UTC
1,150,000 sats
0.0115 BTC
September 18, 2025 7:16:41 PM UTC
1,100,000 sats
0.011 BTC
September 18, 2025 7:16:24 PM UTC
1,050,000 sats
0.0105 BTC
September 18, 2025 7:15:58 PM UTC
1,000,000 sats
0.01 BTC
September 18, 2025 7:16:20 PM UTC
950,000 sats
0.0095 BTC
September 18, 2025 7:15:16 PM UTC
900,000 sats
0.009 BTC
September 18, 2025 7:13:35 PM UTC
850,000 sats
0.0085 BTC
September 18, 2025 7:02:31 PM UTC
800,000 sats
0.008 BTC
September 18, 2025 7:00:21 PM UTC
750,000 sats
0.0075 BTC
September 18, 2025 6:54:08 PM UTC
700,000 sats
0.007 BTC
September 18, 2025 3:57:33 PM UTC
650,000 sats
0.0065 BTC
September 18, 2025 1:31:11 PM UTC
600,000 sats
0.006 BTC
September 18, 2025 1:14:53 AM UTC
550,000 sats
0.0055 BTC
September 17, 2025 9:43:55 PM UTC
500,000 sats
0.005 BTC
September 17, 2025 9:17:45 PM UTC
425,000 sats
0.00425 BTC
September 17, 2025 7:30:36 PM UTC
400,000 sats
0.004 BTC
September 17, 2025 7:20:13 PM UTC
300,000 sats
0.003 BTC
September 17, 2025 7:02:34 PM UTC
275,000 sats
0.00275 BTC
September 17, 2025 7:04:47 PM UTC
250,000 sats
0.0025 BTC
September 17, 2025 1:13:46 PM UTC
225,000 sats
0.00225 BTC
(Auto Bid)
September 16, 2025 10:06:13 PM UTC
200,000 sats
0.002 BTC
September 16, 2025 10:06:14 PM UTC
200,000 sats
0.002 BTC
September 16, 2025 8:26:34 PM UTC
125,000 sats
0.00125 BTC
September 16, 2025 7:30:31 PM UTC
100,000 sats
0.001 BTC
September 16, 2025 7:05:57 PM UTC
25,000 sats
0.00025 BTC
This is Issue No. 1 of Bitcoin Magazine, published in May 2012, the inaugural issue of the longest-running and most influential print publication in cryptocurrency.
The cover, now iconic, features a protester wearing a Guy Fawkes mask with the headline: “Bitcoin Under the Worst Possible Conditions.” Inside, it carried early essays and commentary from the movement’s pioneers, capturing Bitcoin in its raw and uncertain beginnings. This first issue has become one of the most sought-after relics of Bitcoin’s print history.
This advertisement was placed personally by Charlie Shrem in 2012 at a cost of 200 BTC, then worth only a few hundred dollars but now representing a monumental sum — making it one of the most expensive Bitcoin ads ever purchased, in retrospect.
The present copy has been signed, dated 2025, and numbered 1/3 by Charlie Shrem, confirming its authenticity and personal provenance.
The reverse, however, carries something even more significant: the first full-page BitInstant advertisement, proclaiming: “Buy Bitcoin in one hour with cash at 10,000 locations.” BitInstant, co-founded by Charlie Shrem in 2011, became one of the first and most important Bitcoin on-ramps in the world, responsible for nearly 30% of all Bitcoin transactions at its peak.
Significance: Bitcoin Magazine Issue No. 1 represents the first institutionalization of Bitcoin into media, a moment when the movement gained its own publication of record. With the BitInstant advertisement on the back cover — placed at the cost of 200 BTC — this copy carries extraordinary historical weight, merging two of Bitcoin’s earliest institutions into a single artifact.
Very few surviving copies exist, and virtually none with this dual provenance: as both a foundational publication and a direct link to Charlie Shrem’s role in funding, promoting, and building Bitcoin’s first financial rails.
Physical Good:
No Reserve
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