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  3. Worlds heaviest coin...

Worlds heaviest coin...

Scheduled Pinned Locked Moved The Lounge
comarchitecture
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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

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    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
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      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
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          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 ...

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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 ...

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            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

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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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              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
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                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.

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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
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                  Ed Gadziemski
                  wrote on last edited by
                  #10

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

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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!

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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 ...

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                      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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