Australia Unveils Million Dollar Coin

By - 217 words

Language

Reading Level

Listen to Article

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

Cite Article
Learn Keywords in this Article
406 Comments
  • prettykittyalmost 13 years
    WOW that is a big coin
  • Peacealmost 13 years
    I 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.
    • Peacealmost 13 years
      This is the most awesome thing in the whole world!!!! OMG!!!!! So cool!!!!! De Cool ting in de world!!!!!
      • bUNNY GIRLalmost 13 years
        OMG!!!
        • The one and only Kinga Hardingalmost 13 years
          That is huge!
          • Mackenzie almost 13 years
            That is cool how they made this huge mii\llion dollar coin. It must have took alot of of hard work.
            • 123Webguyalmost 13 years
              WHOEVER OWNS THAT IS LIKE A MILLIONARE!!! I would love to be a millionare! :-)
              • Manjotalmost 13 years
                On 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,
                • alexalmost 13 years
                  I liked the video
                  • nadaelalmost 13 years
                    I could do a lot of shopping with that.