$1 million coin
October 29, 2011 by staff
$1 million coin, The larger, heavier and inherently valuable coins most gold in the world has been presented by the Perth Mint. It weighs 1012 kg, is more than a ton of 99.99 percent pure gold and worth over 53.5 million.
The giant coin 80 inches wide, 12 inches deep, it took 18 months to build and has a red kangaroo bounding one side and the reason for the Queen on the other. It is legal tender in Australia and has a name and 1 million – well below its value in gold.
The Perth Mint CEO Ed said the currency HARBUZ era”el pinnacle of creativity and innovation.” ”To throw a coin and craft of this size and weight was an incredible challenge – that few other mints would think,”he said.
Mr. HARBUZ said the coin was a masterpiece of Australian kangaroo gold program gold coin, and coincides with the launch of a series of smaller gold coins this week.
The weight and purity of each issue is guaranteed by the government of Western Australia.
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