Biggest Silver Coin In The World

56 kilos? Have to pass on that one. Only want coins I can lift over my head and hold up towards the light. This is legal tender? Those ivorians must be strong fellows.

Nice coin, though.

The website mentioned in the video has one for $124,900.

Spreading the cost of design, production and shipping over only 15 examples would raise the cost per coin to considerably over the spot price per coin.

A retail price of $35,000 per coin would seem reasonable to me. That's a lot of money tied up. Perhaps a bullion invester would buy bars instead.

I would imagine it would be reasonably hard for a buyer to re sell at a later date, or for a coin business to re sell, unless they have an intending buyer in mind.

Still not the largest precious metal coin - Australia's 1 ton gold coin still remains to be an absurd record holder.

The RCM, Austrian and Perth Mints were at one time competing for the "largest gold coin in the world" entry in the Guinness Book of Records. Perth Mint's 1 tonne coin is the current record-holder.

And saying the "Ivory Coast" is responsible for this "coin" is an obfuscation. The bullion company that produced it, Geiger Edelmetalle, presumably had someone from the Ivorian government rubber-styamp the "legal-tender-ness" of the "coin". Whether that person is actually authorized to do so is unknown; Ivory Coast is still in recovery after the 2011 civil war, during which a new government has taken over. If the mint's "authority" is from the old government, then the coinage is unofficial and not legal tender.

I seriously doubt that anyone actually in Ivory Coast is aware of the existence of these "coins".