Australia Unveils Million Dollar Coin


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On October 27th, 2011 Australia's Perth Mint unveiled the world's biggest, heaviest and most valuable coin ever made. Crafted from pure gold, the coin that measures 80cms wide and more than 12 cms deep, weighs a whopping 2,200 pounds. And, while it has a denomination of AUS$ 1mm, its actual value is estimated to be about AUS$53.5 mm, thanks to the gold it is made from.

Timed to coincide with the Queen's visit to Western Australia, the front of the masterpiece features Australia's national symbol - The kangaroo. Surrounding it are rays of sunshine and an inscription that reads AUSTRALIAN KANGAROO 1 TONNE 9999 GOLD, as well as, the year 2012. The back features the continent's Head of State - Her Majesty Queen Elizabeth II.

Not surprisingly, this gigantic coin which took 18 months to craft, has already made its way into the record books and is bound to stay there for a while, given the fact that it is about ten times heavier than the previous record holder - A One million Canadian Dollar Coin.

And, while this record holder is considered legal tender, meaning it is an official Australian currency, the mint has no intention of selling it. Instead, they plan add it to their gold bullion exhibit which, already attracts hundreds of thousands of visitors each year.,

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  • zaks
    zaksTuesday, November 17, 2020 at 12:53 pm
    Wow, cool if I lived in Australia I would definintly try to get that.
    • Dat boyWednesday, January 16, 2019 at 4:32 pm
      • glass tigerSunday, October 22, 2017 at 3:34 pm
        what if you dropped that coin on your foot? ow.. that would hurt!!!
        • vbnhytrdcvbnjklWednesday, October 18, 2017 at 1:13 pm
          I want it badly!!!!!
          • Iof46Wednesday, October 18, 2017 at 11:45 am
            • horseridinggirl
              horseridinggirlSaturday, October 14, 2017 at 5:20 pm
              Think how many iPhones you could buy with one coin...
              • lucasb2007
                lucasb2007Thursday, March 23, 2017 at 4:28 pm
                asome the way they do it. but why make it so big you wold need an elefant to hold it.....
                • jwrocks
                  jwrocksFriday, March 3, 2017 at 10:42 am
                  • Mr reasonFriday, April 29, 2016 at 1:57 pm
                    I did not read the thing; aren't I a person who needs to read before commenting?
                    • zgaming00
                      zgaming00Monday, March 19, 2018 at 6:05 am
                      yes because this was a very interesting story.
                    • Mr reasonFriday, April 29, 2016 at 1:56 pm
                      Welp, never-mind.