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Why order this 1 oz Silver 2021 Blockchain Mint WallStreetBets Round?
In January of 2021, the reddit group known as r/WallStreetBets or WSB exploded into headlines around the world with the short squeeze on GameStop (GME), a publicly traded brick and mortar video game retailer. The subreddit is known for its aggressive trading strategies that are often deemed profane and counterintuitive by institutional investors, and of course the memes. Conventional investors expected that the games retailer would not be able to survive increased online gaming and the covid-19 pandemic, with the stock falling to $18.84 by New Years Eve 2020. Retail investors who "liked the stocks" rallied together through social media and pushed to short the stock. A flurry of short selling prompted a short squeeze pushing GME to an all time high on January 28th at $483 a share, an increase of 400% in just one week.
Playful WallStreetBets Design
Obverse: On the obverse is the logo from the trade discussion community WallStreetBets. A babyish figure with slicked back hair wears a suit and pair of thick sunglasses, representing youth and a new way of investing. The reverse also includes a "WALL ST" street sign with the addition of the word "BETS," stylized as if spray paint, symbolizing the tensions between retail investors and the financial institution. Rim inscriptions read, "BUY HIGH SELL HIGHER" and "/R/WALLSTREETBETS." The field of both the obverse and reverse features an almost diamond-like texture, a nod to all those with "diamond hands."
Reverse: The reverse features a cartoonish rocketship design, representing the efforts to take GameStop stock "to the moon." To the right is a diamond that hovers above open hands, representing the ideal of diamond hands. The stock symbols of some of the companies that the group discussed, including “$GME (GameStop)," "$BB (Blackberry)," "$AMC (AMC Theatres)," "$NOK (Nokia)," and "$BBBY (Bed Bath &Beyond),” are inscribed along the rim. Also on the rim are inscriptions that note the round's purity, "999 FINE SILVER," weight, "ONE TROY OZ," and date, "2021."
Add this 2021 1 oz Silver Blockchain Mint WallStreetBets Round to your collection today!
|Year of Issue:||2021|
|Display Weight:||1 oz|
|Weight in Grams:||31.1035 g|
|Weight in Ounces:||1 oz|
|Obverse Design:||WallStreetBets Logo|
|Reverse Design:||Rocket and Tickers|