With all the silly talk in the US of a “Trillion Dollar Coin”, you might not know that the Canadian Mint actually produced the world’s first million dollar coin in 2007.
it is 99.999% pure gold bullion, weighs 220lbs and, even though the face value is one million dollars, it’s actually worth over $5.3 million dollars now.
The coin have been certified by the Guinness World Records to be “the world’s largest gold coin” and the Canadian Mint has sold five of them.
This is why Americans never want to replace paper money with dollar coins. 220lbs is just too much weight for my wallet.
Why is the talk of minting a $1T silly, but the talk of Congress dining and dashing on spending it’s already authorized is not?
Because a Trillion Dollar Coin would be HUGE….duh…
🙂
I am pretty sure (without doing ANY research, other than looking at the fucking photo) that this coin weighs 100 kg and not 220 “pounds”.
I am pretty sure (without doing ANY research) that the Canucks use the “metric system” (ISO to the rest of you).
Do you have any idea how much it would cost to make a trillion dollar coin?!? It would be EXPENSIVE!
“Call it in the air!”
“this coin weighs 100 kg and not 220 “pounds”.”
Well, you’d be wrong about that, wouldn’t you?
And yes, I’m pretty sure I know what system “the Canucks” use. 🙂
I was converting to US measurements for those readers who didn’t bother to click through to the story and for those unfamiliar with kilograms.
Not the largest in the world anymore http://www.coinsandcanada.com/news-archives.php?month=10&year=2011#1031
canadians often use pounds to measure the weight things (ie people)