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Old November 1st, 2011 #1
SmokyMtn
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Join Date: Oct 2010
Location: East Tennessee
Posts: 8,506
Talking All I want for Christmas is.......

Australian Mint Turns Out 1-Ton Gold Coin
Pure gold coin is worth at least $50M

http://www.nbclosangeles.com/news/we...133005923.html
 
Old November 1st, 2011 #2
Donald E. Pauly
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Join Date: Dec 2003
Location: Las Vegas
Posts: 4,130
Smile One Tonne Aussie Gold Coin

It may be a bit hard to find a buyer for this. It would be a shame to have to melt it down.
Quote:


Caption:PHOTO: Perth Mint CEO Ed Harbuz stands next to the 1,012kg gold coin. (Supplied: Perth Mint)
The Perth Mint has unveiled the world's largest and most valuable gold coin.

Weighing in at just over one tonne, the 99.99 per cent pure gold coin has been valued at more than $50 million. A team of a dozen people have worked since late last year to create the coin which measures 80 centimetres wide and 12 centimetres deep, featuring a kangaroo on one side and the Queen's motif on the other.

Mint chief executive Ed Harbuz says the idea was to make it the biggest and best in the world. "The largest coin in the world up to now has been 100 kilograms, made by a competitor mint, and we thought well, we'd better make it so much bigger that it'll stay the biggest coin in the world for a long time," he said. "To cast and handcraft a coin of this size and weight was an incredible challenge - one which few other mints would even consider."

Topics: community-and-society, gold, perth-6000

perth-6000

First posted October 27, 2011 17:14:58
 
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