Thursday, November 3, 2011

What Does a $50 million Gold Coin Look Like?

 

Yep that is it pictured above. Made by the Royal Canadian Mint with a a kangaroo on one side and the Queen's profile on the opposite side. The coin is more than 10X  the size of the world's previous largest gold coin. The coin in question is in the shape of a giant disk and weighs in at more than one ton. Currently it is valued at roughly more than $50 million.The Perth Mint created this coin to comemorate Queen Elizabeth's visit to the city. According to the Perth Mint CEO Ed Harbuz, creating it was "an incredible challenge" and took more than a dozen people to complete. 

For those of you that store precious metals at home,  just imagine trying to find a safe to store this monstrosity in. Let alone dealing with trying to transport this ton of beauty to a secure location. Oh the possibilities of owning 1 ton plus worth of gold.
 -Blogging4Bullion

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