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I was given an actual casascius bitcoin minted in 2011 as a tip, and I'd like to know where I can exchange it for US dollars.

How would I extract the private key from this coin to gain access to the digital bitcoins if I were to sell them online?

marked as duplicate by Greg Hewgill, Nick ODell, abacabadabacaba, Murch Jan 10 '15 at 0:17

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You have two routes here:

Sell the physical Bitcoin

Don't remove the sticker on the back. Use a website like localbitcoins to sell it to someone near you.

Some people might want a physical Bitcoin, especially since they're not being made anymore.

Sell the Bitcoin 'contained' within the physical coin.

Peel off the sticker on the back. Inside will be a code that lets you spend the Bitcoin. (I recommend using Blockchain.info as your e-wallet.) You can sell the Bitcoin online or locally.

The remaining brass part is mostly worthless.

  • I was looking for more of a "physical walk in place" to take it to rather than all the online jargon wallet things. My bank should be able to cash this for me, right? – user21748 Jan 4 '15 at 19:31
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    @user21748 No, they won't. – Nick ODell Jan 4 '15 at 20:25
  • Well, they said they would. Okay, Thanks. – user21748 Jan 5 '15 at 1:32
  • @user21748 let us know how that works out but I can't see it happening. I'd sell the coin whole on eBay. Anyone not into Bitcoin either won't care, or won't pay market rate – Wizard Of Ozzie Jan 5 '15 at 5:10

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