Jun 17, 2010

World largest gold coin set for auction

The world's largest gold coin, a Canadian $ 1,000,000 Maple Leaf, measuring about half a meter in diameter and weighing 100 kilogram, is to go on sale in Austria.
The coin, made of pure refined gold, will go under the hammer at the Dorotheum auction house in Vienna on June 25. The bankrupting company that owns the coin, AvW Invest AG, has been forced to sell the record-breaking golden money. The gigantic coin features the image of three maple leaves -- the national symbol of Canada -- on one side and the image of British Queen Elizabeth II on the other.
Current estimates have put the value of the coin at just less than four million dollars. Prior to the onset of the company's liquidation proceedings, the impressive Maple Leaf was on loan to a museum in Vienna. It is also listed as the world's biggest coin in the latest edition of Guinness World Records.

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