1-metric-ton gold coin minted in Australia
October 28, 2011, 9:19 AM
Marketwatch.com
A gold coin weighing 1 metric ton (1,000 kilograms, or 35,273.92 ounces) has been minted in Australia.
The coin, created at the Perth Mint, features a jumping kangaroo on one side and a portrait of Queen Elizabeth II on the other.
The coin measures 80 centimeters (31.4 inches) wide and 12 centimeters (4.7 inches ) deep, according to a story on the Australian Broadcasting Corporation web site.
The previous largest coin weighed 100 kilograms, or about 220 pounds.
Gold futures traded at $1,740 an ounce in recent action in New York, putting the value of the gold in the coin at more than $60 million.
http://blogs.marketwatch.com/thetell/2011/10/28/1-metric-ton-gold-coin-minted-in-australia/



Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months