Friday, 11 November 2011

World's Most Expensive Coin


The Perth Mint has today unveiled the world's largest, heaviest and inherently most valuable gold coin.

It weighs more than a ton - one thousand and 12 kilograms, and consists of 99.99 per cent pure gold. It's worth 54 million Australian dollars. It's Australian legal tender and has a denomination of one million dollars - well below its gold value. It measures nearly 80 centimetres wide and over 12 centimetres thick. It has Australian legal tender status

The Perth Mint in Perth, Australia, spent about 18 months creating the coin. It features a bounding red kangaroo on one side, and the Queen's motif on the other.

The giant coin is a magnificent Australian icon symbolising one of the Mint's most extraordinary accomplishments in its 112-year history.

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