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Add price alert
Media release: Perth Mint unveils the largest coin ever
Published by Kirke Sööt in category Financial news on 27.10.2011
Gold price (XAU-EUR)
2581,15 EUR/oz
+ 16,25 EUR
Silver price (XAG-EUR)
30,34 EUR/oz
+ 0,25 EUR
Wednesday 26 October 2011
The biggest, heaviest, inherently the most valuable gold bullion coin in the world has been unveiled by The Perth Mint.
Weighing a massive one tonne of 99.99% pure gold, the monumental coin measures nearly 80cms wide and more than 12cms deep.
The stunning coin is the pinnacle of ingenuity and innovation for which The Perth Mint is renowned.
Chief Executive Officer, Ed Harbuz, reveals that the Mint’s dedicated team of talented artists and technical staff worked tirelessly for months to create a coin of this magnitude. “To cast and handcraft a coin of this size and weight was an incredible challenge, one which few other mints would not even consider,” he said.
As the showpiece of the Australian Kangaroo Gold Bullion Coin Program, its classic design by Dr Stuart Devlin AO CMG, goldsmith and jeweller to Her Majesty Queen Elizabeth II, has featured on each annual 1 kilo release in the series for more than 20 years.
The one tonne masterpiece features a bounding red kangaroo surrounded by stylised rays of sunlight and bordered by the inscription AUSTRALIAN KANGAROO 1 TONNE 9999 GOLD and the year-date 2012.
Issued as Australian legal tender, the obverse of the coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, accompanied by the inscriptions ELIZABETH II, AUSTRALIA and the monetary denomination of
1 MILLION DOLLARS.
The popular Australian Kangaroo Gold Bullion Coin Program offers a stunning choice of gold bullion coins in a range of sizes, with various mintage limits and annual design changes.
While the design of the 2012 1 kilo release will mirror its super-sized companion, the 1/10oz, 1/4oz, 1/2oz and 1oz coins will feature a standing kangaroo set against an outback scene.
The weight and purity of each issue is guaranteed by the Government of Western Australia making Australian Kangaroo coins a secure way to diversify any investment portfolio.
Visit 1tonnegoldcoin.com or youtube.com/user/perthmintbullion for exclusive behind-the-scenes footage or view the Australian Kangaroo One Tonne Coin at Burswood Entertainment Complex until Sunday 30 October 2011.
http://www.perthmint.com.au/media-release-perth-mint-largest-gold-coin.aspx
Gold price (XAU-EUR)
2581,15 EUR/oz
+ 16,25 EUR
Silver price (XAG-EUR)
30,34 EUR/oz
+ 0,25 EUR
