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 Replies: 21 / Views: 5,337 |
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Valued Member
Canada
168 Posts |
Quote:
The world's largest gold coin - a 2007 Canadian piece with a face value of $1 million - is set to hit the auction block in Austria later this month.
The coin weights 100 kilos and is 53 cm in diameter. It is currently listed in the Guinness Book of Records and has the largest official portrait of Queen Elizabeth II in solid gold. The back shows three maple leaves.
"But the most remarkable thing about this impressive coin, which cannot even be lifted by two men, is that it is made exclusively of the purest, finest and most refined gold: 999.99/1000 gold," the auction house Vienna's Dorotheum said in a release Friday.
"The face value of $1 million is far below the current gold price. The starting price will be based on the daily gold rate."
The coin had been on loan to the Kunsthistorisches Museum in Vienna, but will be auctioned off June 25.
 Today's gold price is US$39,281 per KILO so this coin is woth almost $4 million US in gold content alone!
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Valued Member
United States
211 Posts |
A few smart alack comments:
My 2009 Charlton's guide has it at $3.00
The one with the wide "B" is worth $4 million and 2.
The the garage mechanic who found it in loose change is lucky, at first he mistook it for a hub cap.
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Valued Member
United States
469 Posts |
It sure isn't very flattering to the queen. She looks much better in a smaller coin where less is sometime more.
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Pillar of the Community
Canada
1733 Posts |
I sold mine, I forgot it was gold. Brass scrap prices if I recall.
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Valued Member
United States
213 Posts |
If this were a US coin, it would have a face value of 200,000 USD.
(US bullion coins generally have a 1/20 legal tender value of the metal.)
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Valued Member
423 Posts |
Brass scrap prices... lol... actually the janitor at the mint made the coin with left over pieces when he was sweeping up the floor and cleaning out the machines. =P
Edited by realpenny
06/11/2010 3:51 pm
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Pillar of the Community
555 Posts |
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Pillar of the Community
Canada
636 Posts |
Watch it....chould be a chinese counterfeit
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Valued Member
United States
211 Posts |
Hi Dollar1948, Thought you could use this as an icon.  |
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Pillar of the Community
Canada
636 Posts |
Thanks Stunet...is that your coin?
Classic design, from a primo year.
BTW, I can't figure out how to link it up as my avatar.I browsed 'edit my profile' and I dont see a method of accessing my hard drive.
Am I missing something?
Edited by Dollar1948
06/12/2010 10:35 am
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Pillar of the Community
Canada
1733 Posts |
I think you have to post and ask in forum support.
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Pillar of the Community
Canada
636 Posts |
Thanks ugly.
I think this classic coin should be in the `vanilla` listing one can choose from the drop down avatar list anyway.
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Valued Member
United States
211 Posts |
It is mine. Part of a my collection of $1 Silvers. Would be proud to see you wearing it.
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Pillar of the Community
Canada
636 Posts |
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Valued Member
423 Posts |
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Pillar of the Community
United States
1571 Posts |
HMMM, I wonder if Whitman makes a folder for this one?
BTW, for you who do not use the "metric system, ( and the US once said they were going to convert), but. One kilo is two pounds, 3 oz.
Precious mrtals are weighed in troy weight, and the crap we use is in avordupois, (SP).
Dick
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Replies: 21 / Views: 5,337 |
Posted 06/11/2010 12:28 pm
