diff --git a/lib/publickey.js b/lib/publickey.js
index 1635869..1ab0ba0 100644
--- a/lib/publickey.js
+++ b/lib/publickey.js
@@ -343,8 +343,8 @@ PublicKey.isValid = function(data) {
  */
 PublicKey.prototype.toObject = function toObject() {
   return {
-    x: this.point.getX().toString('hex'),
-    y: this.point.getY().toString('hex'),
+    x: this.point.getX().toString('hex', 2),
+    y: this.point.getY().toString('hex', 2),
     compressed: this.compressed
   };
 };
diff --git a/test/publickey.js b/test/publickey.js
index ffaed78..35d0093 100644
--- a/test/publickey.js
+++ b/test/publickey.js
@@ -194,6 +194,12 @@ describe('PublicKey', function() {
       }).to.throw();
     });
 
+    it('works for X starting with 0x00', function() {
+      var a = new PublicKey('030589ee559348bd6a7325994f9c8eff12bd5d73cc683142bd0dd1a17abc99b0dc');
+      var b = new PublicKey('03'+a.toObject().x);
+      b.toString().should.equal(a.toString());
+    });
+
   });
 
   describe('#fromPrivateKey', function() {