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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  • Mr reasonFriday, April 29, 2016 at 1:56 pm
    Well, honestly, I'm glad they don't get carried in the wind, but you'll go broke if you drop it on the ground. (Or, somebody can pick it off you without you knowing...)
    • kzp
      kzpSunday, October 18, 2015 at 6:24 pm
      • wickedreaderThursday, April 16, 2015 at 8:21 pm
        Come to Australia. I have seen about 50 kangaroos not in zoos
        • i am so fancyFriday, December 19, 2014 at 6:49 am
          i think its international
          • i am so fancyFriday, December 19, 2014 at 6:48 am
            is this an international, national or local story???
            • kayalli1
              kayalli1Tuesday, August 26, 2014 at 5:19 am
              wow cool thing is it
              • alli123
                alli123Monday, August 25, 2014 at 2:16 am
                Too cool! I want that coin for display! ;D
                • wow girlWednesday, May 7, 2014 at 4:17 pm
                  • thunder thizesMonday, April 7, 2014 at 10:44 pm
                    Wow that is the best coin have ever seen!!! I would be SO rich with that coin!! i also really like Kangaroos!!
                    • azd4325Monday, April 7, 2014 at 10:42 pm
                      WOWEE!! I'd be rich with that