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  3. Worlds heaviest coin...

Worlds heaviest coin...

Scheduled Pinned Locked Moved The Lounge
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  • S Offline
    S Offline
    Steve Mayfield
    wrote on last edited by
    #1

    weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

    S A S G R 6 Replies Last reply
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    • S Steve Mayfield

      weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

      S Offline
      S Offline
      Shog9 0
      wrote on last edited by
      #2

      It takes about six weeks to make and has a face value of 1 million Canadian dollars ($903,628), though it sells for approximately $2.7 million depending on the market value of gold.

      Um... yeah... :wtf:

      ----

      It appears that everybody is under the impression that I approve of the documentation. You probably also blame Ken Burns for supporting slavery.

      --Raymond Chen on MSDN

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      • S Steve Mayfield

        weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

        A Offline
        A Offline
        A
        wrote on last edited by
        #3

        Steve Mayfield wrote:

        1 inch thick & solid AU (gold)...the Canadian $1 Million coin

        I want that coin...:-D:laugh:

        My blog:[^]

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        • S Steve Mayfield

          weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

          S Offline
          S Offline
          Sam_c
          wrote on last edited by
          #4

          looks like i'll have to buy pants with bigger pockets from now on.... that’s silly, i can see why its done as the coin is worth more than the gold so you make a paper money profit and who ever buys it has a great deal of gold so in the long run there sorted... i want one.. i checked eBay, but i don’t want to get a chocolate filled coin :laugh: would make a nice birthday gift :)

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          • S Steve Mayfield

            weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

            G Offline
            G Offline
            Gary R Wheeler
            wrote on last edited by
            #5

            Just the thing for that new Bugatti Veyron[^] vending machine.


            Software Zen: delete this;

            Fold With Us![^]

            E 1 Reply Last reply
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            • S Steve Mayfield

              weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

              R Offline
              R Offline
              Rob Graham
              wrote on last edited by
              #6

              Only the Canadians would make it not only too heavy to carry, but a dodecagonal so that it would be hard to roll. And with a face value less than 1/2 of the value of the materials ...

              M D 2 Replies Last reply
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              • R Rob Graham

                Only the Canadians would make it not only too heavy to carry, but a dodecagonal so that it would be hard to roll. And with a face value less than 1/2 of the value of the materials ...

                M Offline
                M Offline
                Matt Newman
                wrote on last edited by
                #7

                The article said it was $9xx,xxx in materials, but has been selling for 2x the face value.

                Matt Newman

                R 1 Reply Last reply
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                • M Matt Newman

                  The article said it was $9xx,xxx in materials, but has been selling for 2x the face value.

                  Matt Newman

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                  R Offline
                  Rob Graham
                  wrote on last edited by
                  #8

                  "It takes about six weeks to make and has a face value of 1 million Canadian dollars ($903,628), though it sells for approximately $2.7 million depending on the market value of gold." I think you read that wrong. face value != material cost - and the $903,628 is the conversion to $US. 2.7 million depending on the market value of gold does sound like 'cost of materials' however.

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                  • G Gary R Wheeler

                    Just the thing for that new Bugatti Veyron[^] vending machine.


                    Software Zen: delete this;

                    Fold With Us![^]

                    E Offline
                    E Offline
                    Ed Gadziemski
                    wrote on last edited by
                    #9

                    Gary R. Wheeler wrote:

                    Just the thing for that new Bugatti Veyron[^] vending machine.

                    I can hear the ka-chunk of the change coming out now.

                    1 Reply Last reply
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                    • S Steve Mayfield

                      weighing in at 220 pounds, 20 inches in diameter, 1 inch thick & solid AU (gold)...the Canadian $1 Million coin [^] :omg: beating the previous coin record of 70 pounds & 15 inches wide (Austria) Steve

                      E Offline
                      E Offline
                      Ed Gadziemski
                      wrote on last edited by
                      #10

                      $1 Million Canadian. That's about 43 cents US, right?

                      T 1 Reply Last reply
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                      • E Ed Gadziemski

                        $1 Million Canadian. That's about 43 cents US, right?

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                        tgrt
                        wrote on last edited by
                        #11

                        Ed Gadziemski wrote:

                        $1 Million Canadian. That's about 43 cents US, right?

                        Darn beat me to it!

                        1 Reply Last reply
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                        • R Rob Graham

                          Only the Canadians would make it not only too heavy to carry, but a dodecagonal so that it would be hard to roll. And with a face value less than 1/2 of the value of the materials ...

                          D Offline
                          D Offline
                          Dan Neely
                          wrote on last edited by
                          #12

                          Rob Graham wrote:

                          And with a face value less than 1/2 of the value of the materials ...

                          The same's true of any precious metal coil at present. US silver coins (1964 and earlier) are currently at ~12x face value. A $5 gold eagle has about $75 worth of gold in it. When economic growth outstripped the rate of precious metal production all countries had to abandon the gold/silver standards to avoid deflation gutting their economies.

                          -- You have to explain to them [VB coders] what you mean by "typed". their first response is likely to be something like, "Of course my code is typed. Do you think i magically project it onto the screen with the power of my mind?" --- John Simmons / outlaw programmer

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