The 9.5 million users on the WallStreetBets subreddit sent shockwaves through the US stock market in January and February 2021 with a short squeeze move that resulted in major losses. The large investment firms and hedge funds betting on the losses of several big brands were instead saddled with big losses themselves, with the short squeeze resulted in losses for US firms that topped $70 billion.
On the obverse field of the 1 oz Silver Wall Street Bets Round is a depiction of the character logo and channel banner from the WallStreetBets subreddit. The cartoon figure is shown in front-facing relief with arms extended as he wears a suit and tie with sunglasses. The WSB phrase buy high, sell higher is featured above the figure. Beneath the figure is the banner symbol for WallStreetBets that includes the Wall Street sign with bets spray-painted in lowercase letters. The inscription at the bottom reads /r/wallstreetbets.
The reverse face of Silver Wall Street Bets Rounds comes with several symbols representing the WSB subreddit. The primary design at the center is that of a toy-like rocket ship. In the lower-right field, you will notice a set of hands with a diamond above. This is a symbol of a phrase popular with WSB Redditors referring to diamond hands, or the practice of holding onto a stock adamantly. The inscriptions along the upper-left field include $GME, $BB, $AMC, $NOK, and $BBY, the stock symbols for GameStop, Bed Bath & Beyond, AMC Theaters, Nokia, and Blackberry. Other inscriptions include 999 Fine Silver, One Troy oz, and 2021.
SPECIFICATIONS:
Denomination: | N/A |
Country: | N/A |
Metal: | Silver (Ag) .999 |
Weight: | 1 oz |
Size: | 39 mm |
Finish: | Brilliant Uncirculated |
Grade Service | None |
Mintage: | 50,000 |
Date of issue: | 2021 |
Additions | N/A |