Information on GeoCoins
(copied from
Wikipedia on 9-15-2008)
Personal geocoins are a personal signature
item bearing the geocacher's handle
and personal design, similar to a heraldic
device. Geocoins are often minted by caching organizations and as
fund-raisers for geocaching events.
They may be placed in geocaches to be
found by others and kept as trophies, moved from cache to cache like a Travel
Bug, traded, given to other cachers like a calling card, or merely
sold and collected.
Trackable Geocaching.com geocoins are
imprinted with unique codes
and tracked via the geocaching.com website. An icon, sometimes unique,
is shown on the geocaching website beside a cache the geocoin is in or
the inventory of any cacher holding one. Icons will also remain in the
inventory of cachers who log the 'discovery' of a geocoin's number
without physically removing it from a cache. Icon collecting is an
associated hobby. Many people bring geocoins with unique icons to
geocaching events so that others may see the coins and use the tracking
number to collect the icons online.
Other websites for trackable coins include
the 2005 Canadian
geocoin , Utah geocoin and Oregon
State coin, and sigitem.com.
History
of Geocaching.com trackable geocoins
- September 30, 2001 The
first trackable geocoin released was the Moun10Bike Version 1 Geocoin
#002.
The Moun10Bike Version 1 Geocoins are the most sought after geocoins in
existence. They are all displayed on geocaching.com as owned by
Moun10Bike however the coin may still be listed for sale in defiance of
this on eBay fetching prices in the thousands of USD. When he finds a
sale of this coin on eBay he will have the coin locked so it is no
longer trackable.
- 2003
The first USAGeocoin is released for sale making it one of the first
Geocoins that one can buy, release, and track online without minting an
exclusive personal design. The proposed 2002 Design was never
made.
- 2005
Geocaching.com
permits any Geocaching user to purchase tracking numbers for approved
designs fueling a sudden surge in number of coins. Minimum purchase set
at 1000 tracking numbers.
- Fall 2006
Groundspeak reduces the minimum purchase of tracking numbers to 250 and
the min. required to receive a unique icon, reducing the total cost of
creating a trackable geocoin (with icon) and fueling a 'geocoin craze'
with hundreds of new personal, group and increasingly purely commercial
designs minted.
- February 17, 2007 The
First Annual Geocoinfest was held in Temecula, CA. This event brought hundreds of
Geocoin Collectors together with many exclusive coins being given away
or traded.
For references and a bit more
information, see the wiki
and check
out some of the other links below.
If you are aware of errors,
alternative stories, or have an interesting story to tell, please let me know.