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  3. Worlds heaviest coin...

Worlds heaviest coin...

Scheduled Pinned Locked Moved The Lounge
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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 ...

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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

                R Offline
                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.

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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?

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                    • E Ed Gadziemski

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

                      T Offline
                      T Offline
                      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 ...

                        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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