Recalescence Coins

Recalescence Coins are created by Dustin Freeman of Australia. Though he intended to produce yearly
eleases, he only produced one variant. Of this variant, a very small (though unknown) number received a gold plating on the front side only. Dustin’s original plan was
to sell pre-funded coins, but after Casascius began facing problems with US authorities (FinCEN),
ecalescence Coins also began selling on a ‘DIY’ basis only, with buyers needing to create their own hologram stickers. As such, any coin with a Recalescence ologram is fully funded. Interestingly, each funded coin comes with a certificate containing the public key and an identical hologram (with the same serial number as on the coin).

An interesting thing happened with Recalescence’s first customer. Upon finding out that they did not receive the coin with a serial number of 01 though they were the first buyer, the customer accused Dustin of ‘fraud’ and allegedly blackmailed him demanding the 01 coin
in addition to 10 BTC for ‘disaster mitigation services’ (that is, mitigating disaster by not making public fraud accusations). Dustin refused, and published the text of the email with commentary. Dustin had simply kept the first few coins for himself, family members, and other close supporters. Keeping of the first coins in a series is normal practice for many, if not most manufacturers, and in no way constitutes fraud.

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