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.
Resources:worldrecordsacademy.org, pinoyhalo.com
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406 Comments
- prettykittyabout 13 yearsWOW that is a big coin
- peacerock123about 13 yearsyou are so right
- Peaceabout 13 yearsI want to have that really bad. When I said this to my friend. It said that it had it in its pocket and then i said how heavy it was and it said wow never mined.
- Peaceabout 13 yearsThis is the most awesome thing in the whole world!!!! OMG!!!!! So cool!!!!! De Cool ting in de world!!!!!
- bUNNY GIRLabout 13 yearsOMG!!!
- The one and only Kinga Hardingabout 13 yearsThat is huge!
- Mackenzie about 13 yearsThat is cool how they made this huge mii\llion dollar coin. It must have took alot of of hard work.
- 123Webguyabout 13 yearsWHOEVER OWNS THAT IS LIKE A MILLIONARE!!! I would love to be a millionare! :-)
- Manjotabout 13 yearsOn October 27th, 2011 Australia's Perth Mint unveiled the world's biggest, heaviest and most valuable coin ever made. He came with the record. this record was Australian currency,
- alexabout 13 yearsI liked the video
- nadaelabout 13 yearsI could do a lot of shopping with that.