Physical Bitcoin & Litecoin Creator Coinographic Closes Its Doors Due To Cash Flow Issues

Physical coins make awesome gifts and collectibles, especially when you are introducing family, friends and loved ones to the world of Bitcoin and digital currency. Luckily for us, there are quite a few different physical Bitcoin/Litecoin manufacturers, and more and more seem to venture into the space on a yearly basis. However, on this day, we have to report that Coinographic will be closing its doors, and their upcoming batch of golden physical Bitcoins will not see the light of day.
Coinographic – Physical Bitcoins and Litecoins
The history of Coinographic is rather brief up to this point, as the company announced their physical coin services in July of 2014 on the Bitcointalk forums. In their first post, Bitcointalk users could start pre-ordering their physical Litecoin coins, which came in either a 25 LTC Limited Edition Coin or a 1 LTC 2014 Production Coin versions.
A few days after their original announcement, Coinographic opened up a design contest for their upcoming line of physical Bitcoins. The winner of the contest would receive a grand prize containing of 5 Bitoin and 2 ounces of fine gold. Needless to say, this contest sparked a lot of interest from the Bitcoin community, and plenty of people participated in order to win that huge prize.

This post was published at Crypto Articles on February 5, 2015.