Why order this Private Mint 1 oz Silver Wallstreetbets & Gamestonk Round?
The reddit group known as r/WallStreetBets, or WSB, became worldwide news in January of 2021 with the short squeeze on GameStop (GME), a brick and mortar video game company that is publicly traded. In addition to the memes, the subreddit is perhaps best known for its aggressive trading strategies that traditional investors sometimes deem profane and counterintuitive. While conventional investors were betting that GameStop would not be able to overcome the rise of online gaming and the affects of the Covid-19 pandemic, retail investors who simply “liked the stock” rallied together with the hopes of shorting the stock thanks in large part to social media. While a share of GME had fallen to $18.84 by New Years Eve 2020, towards the end of January a flurry of short selling, triggered by WallStreetBets, prompted a short squeeze, pushing a share of GME to $483 a share on January 28th, 2021, a 400% increase in just one week! This round was struck as a keepsake of this historic event.
- This is a privately minted non-legal tender round.
- This round was struck from 1 oz of .999 fine silver.
- The round was minted to commemorate the short squeeze that a group of retail investors put on the stock GameStop in early 2021.
- Wallstreetbets is the online community of investors that triggered the squeeze.
- This round will arrive in GEM Brilliant Uncirculated condition.
Striking Wallstreetbets Design
Obverse: The obverse features the logo of the r/wallstreetbets group, a baby in a suit wearing thick sunglasses. He stands against a background of a candlestick pattern. Below is the famous "WALL ST" street sign. The round's weight and purity, "1 OZ .999 FINE SILVER," are inscribed at the bottom of this face.
Reverse: On the reverse, the baby logo stands on a yacht that has the street sign on the side of it. The baby wears a mask and is surrounded by money backs. Several other symbols are included on this face. "GAMESTONK POWER TO THE PLAYERS" is inscribed by the top, and the groups rallying cry, "BUY HIGH SELL HIGHER," is included in the water below.
Add this Private Mint Wallstreetbets & Gamestonk 1 oz Silver Round to your collection today.
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