German Company Will Make Biggest Gold Coin Ever, Weighing 3,333 Ounces
Arizona Coin Collector
FROM:
http://www.benzinga.com/118117/german-company-will-make-biggest-gold-coin-ever-weighing-3-333-ounces
Posted on 02/08/10 at 6:05pm by PrudentInvestor
Here's a coin that will be without doubt the highlight
of every coin collection. German gold seller Global
Metal Agency takes reservations for the heaviest gold
coin ever produced.
The "Global Liberty" has a fineness of 999.9, weighs
3,333 troy ounces or 103.6 kilos and will cost you a
cool ?2.99 million or ?897 per ounce. I presume this
price is subject to change when gold prices start to
rise again. Oh, and hurry up, coinage is limited to
3 pieces.
(Image of German Coin)
http://1.bp.blogspot.com/_qA8QmxrSIpk/S3BkaH82eoI/AAAAAAAAASc/5rWDzbZLqYE/s1600-h/103kgcoin.jpg
(About the above Photo Image)
PHOTO: The world's heaviest gold coin displays the
Brandenburg Gate in Berlin, until 1989 a borderpoint
between East and West Berlin until Germany's
reunification, on the obverse side. The reverse side
is loosely designed after the flag of the United
Nations. The diameter of 50 centimeters may be a bit
wide for most customer bank vaults.
Once manufactured the Global Liberty will replace the
100 kilo gold coin from the Royal Canadian Mint as the
heaviest gold coin. Investors with deep pockets have
already made solid profits. The Canadian Mint sold them
in 2007 for 1 million Canadian Dollars each. The Royal
Canadian mint made the coins - 20 inches in diameter
and 1 inch thick - mostly to seize the bragging rights
from Austria, which had held the record with a 1000
ounce, 15-inch wide coin. In 2004 the Austrian Mint
was awarded the Guinness World Record for the World's
largest gold coin when it struck 15 1000 oz (31.1 kg,
69 pounds) Philharmonics.
(Image of Canadian Mint Coin)
http://3.bp.blogspot.com/_qA8QmxrSIpk/S3BnbzHpIEI/AAAAAAAAASk/hCe0-IFRDDU/s1600-h/100kgMapleLeaf.jpg
..
Bob
wrote:
> German Company Will Make Biggest Gold Coin Ever, Weighing 3,333 Ounces
>
>
> Posted on 02/08/10 at 6:05pm by PrudentInvestor
>
> Here's a coin that will be without doubt the highlight
> of every coin collection. German gold seller Global
> Metal Agency takes reservations for the heaviest gold
> coin ever produced.
>
> The "Global Liberty" has a fineness of 999.9, weighs
> 3,333 troy ounces or 103.6 kilos and will cost you a
> cool ?2.99 million or ?897 per ounce. I presume this
> price is subject to change when gold prices start to
> rise again. Oh, and hurry up, coinage is limited to
> 3 pieces.
>
>
> (About the above Photo Image)
> PHOTO: The world's heaviest gold coin displays the
> Brandenburg Gate in Berlin, until 1989 a borderpoint
> between East and West Berlin until Germany's
> reunification, on the obverse side. The reverse side
> is loosely designed after the flag of the United
> Nations. The diameter of 50 centimeters may be a bit
> wide for most customer bank vaults.
>
> Once manufactured the Global Liberty will replace the
> 100 kilo gold coin from the Royal Canadian Mint as the
> heaviest gold coin. Investors with deep pockets have
> already made solid profits. The Canadian Mint sold them
> in 2007 for 1 million Canadian Dollars each. The Royal
> Canadian mint made the coins - 20 inches in diameter
> and 1 inch thick - mostly to seize the bragging rights
> from Austria, which had held the record with a 1000
> ounce, 15-inch wide coin. In 2004 the Austrian Mint
> was awarded the Guinness World Record for the World's
> largest gold coin when it struck 15 1000 oz (31.1 kg,
> 69 pounds) Philharmonics.
>
>
> ..
This may be a heavier gold object, but I fail to see how it qualifies
as a coin, unless Global Metal Agency thinks it is some sort of
micronation. This is purely an ingot in round form. Of course, the
Canadian 100-kilo "coin" was hardly intended for circulation, but I
believe that it is technically legal tender in Canada.