Looks like I'm going to need a bigger wallet

[pmbug]

The Perth Mint has unveiled the world's largest and most valuable gold coin.

Weighing in at just over one tonne, the 99.99 per cent pure gold coin has been valued at more than $50 million.
...

http://www.abc.net.au/news/2011-10-27/one-tonne-coin/3604466

 

[DSAbug]

Our fund bought a 10 kilo coin back in 2006 and I thought we were being insane..

 

[dontdeBasemebro]

See, gold coins are just too cumbersome to carry around and use as money, better off sticking with paper.

 

[pmbug]

^ Yeah, I was thinking that carrying a suitcase full of paper was way better than pushing a structurally reinforced wheelbarrow with my 1 ton gold coin the next time I needed to walk around with $50 million.

 

[pmbug]

* bump *

This 24-carat coin is more than worth its weight in gold - with it expected to sell for up to a staggering $152K at auction.

The one kilo coin - one of only 15 ever made by the Royal Mint - has an official denomination of £1,000.

But experts at Hansons Auctioneers believe it will sell for between £100,000 and £125,000 next week.
...

https://www.msn.com/en-us/money/mar...to-sell-for-up-to-152k-at-auction/ar-AA1jRbE5

Apparently I missed the auction on Thursday. Oh well.. I guess I just need to wait for one of the other 14 coins to become available....

 

[pmbug]

Actually, it looks like maybe the auction didn't have a bid that met the reserve price because it isn't listed with having a realized price:

Extremely Rare 2015 Royal Mint Longest Reigning Monarch 1kg Pure Gold £1000 Coin, one of only 15 minted in Original Presentation Case with Certificate of Authenticity. There are minor scratches to the outer surface of the plastic capsule.

Other lots auctioned that day did have successful bids:

November Two-Day Historica, Coins, Banknotes & Tokens Auction

 

[pmbug]

More info about the 1 tonne coin mentioned in the OP:

... the coin has a face value of AU$1 million (US$648,000) making it the world’s largest legal tender coin.

... this 12-centimeter (4.7-inch) thick coin is roughly half a Danny Devito tall – that’s 80 centimeters (31.4 inches) ...
...

More:

The Largest Gold Coin In The World Is 1 Tonne Of Legal Tender

You’re gonna need a bigger wallet.

www.iflscience.com

I didn't know it was actually (nominally) legal tender. Wild!

 

[CiscoKid]

More info about the 1 tonne coin mentioned in the OP:

More:

The Largest Gold Coin In The World Is 1 Tonne Of Legal Tender

You’re gonna need a bigger wallet.

www.iflscience.com

I didn't know it was actually (nominally) legal tender. Wild!

If our congress got ahold of it, it wouldn't last 12 hours.

Half would go immediately to Ukraine where it would vanish without a trace, thirty percent of it would go to some alphabet cause like Gay and Transgender Underwater Basket Weaving, and the other twenty percent would simply vanish into multiple offshore bank accounts owned by the likes of Schumer and Pelosi.