The Royal Canadian Mint has produced the world's first 100-kilogram gold coin with a face value of $1 million. And they're for sale.The coin is the size of a "very thick pizza" — 50 centimetres wide and three centimetres thick — and is .99999 pure.
It was originally meant to be a one-off novelty item to help promote the other gold coin the mint unveiled Thursday — a new line of one-ounce Maple Leaf bullion coins that will have a face value of C$200.
But after several interested buyers came forward, the mint decided to produce "a very limited quantity" of the C$1-million coins (US $907,000) on a made-to-order basis for public sale.
Even though the big coin has a face value of C$1 million, it won't sell for that. At current prices, the coin's 3,215 troy ounces of gold are worth well over $2 million.
Source: CBC
Tags: Coin | Million | Gold
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