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World's Biggest Gold Coin Minted In Australia

Posted by samzenpus on from the because-they-can dept.

First time accepted submitter shocking writes "The Perth Mint has created a gold coin that is just over one tonne in weight and worth over 50 million AUD. From the article: 'A team of a dozen people have worked since late last year to create the coin which measures 80 centimeters wide and 12 centimeters deep, featuring a kangaroo on one side and the Queen's motif on the other.' Ron Paul eat your heart out!"

2 of 171 comments (clear)

  1. Gold coins are so last century by SharkLaser · · Score: 3, Informative

    Now we mine BitCoins!

  2. Re:Explains a lot about the economy by imroy · · Score: 3, Informative

    Your economy is in the crapper, Australia's isn't. We're doing pretty well, partly thanks to our mining sector selling raw materials to China. We also had a recession back in 1987 due (from what I'm hearing now) to bad assets. It had the result of (eventually) clearing out all of those bad assets and leaving our banks stronger than before. So when the GFC hit everyone, we were able to weather it rather well. You guys haven't, and you haven't gotten rid of the toxic assets that caused it in the first place! We're all in for more pain...