Australia Unveils Million Dollar Coin

Meera Dolasia
2011-11-01T13:47:25-07:00

On October 27th, 2011 Australia's Perth Mint unveiled the world's biggest, heaviest and most valuable coin ever made. Crafted from pure gold, the coin that measures 80cms wide and more than 12 cms deep, weighs a whopping 2,200 pounds. And, while it has a denomination of AUS$ 1mm, its actual value is estimated to be about AUS$ 53.5mm, thanks to the gold it is made from.