Australia unveils the Most Expensive Gold Coin in the World : $54 Million Gold Coin
Their loss at the hands of the Kiwis does not seem to have deterred the Aussies from embarking on trying to break new records. The Aussie spirit certainly comes through in this gigantic $54 Million Gold Coin that bears the face of their monarch – The Queen of England.
The coin is actually legal tender worth $1 Million ; but you would have to be an absolute idiot to get it cashed since its gold value , as mentioned earlier, is a stunning $54 million (all figures in Australian Dollars ; mind you at this time the AUD is stronger then the greenback).
The coin in terms of weight is more then one tonne of 99.99 percent pure gold. Created by the Perth Mint, the coin has a red kangaroo on one side and the Queens motif on the other. The coin is an icon of the accomplishments of the Perth Mint over its 112 year history.