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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!"

1 of 171 comments (clear)

  1. Re:Comprehending public debt by Prune · · Score: -1, Troll

    Government debt doesn't mean what you think it does, since government is the monopoly issuer of its own currency. Government debt is an accounting fiction. Unlike private debt, government debt doesn't really have to be repaid; that's a common fallacy. http://pragcap.com/resources/understanding-modern-monetary-system

    --
    "Politicians and diapers must be changed often, and for the same reason."