Canada Mints World's Biggest Gold Coin

The Royal Canadian Mint unveiled a welcome addition to any piggy bank - a monster gold coin with a face value of C$1 million (455,000 pounds) that it says is the world's biggest, purest and highest denomination coin. The Canadian mint introduced the mega-coin, which is the size of an extra-large pizza, alongside the one-ounce gold bullion coins it is mass producing at its Ottawa plant. At 53 centimetres (21 inches) in diameter and over 3 cm (1.2 inches) thick, the massive coins need a high level of hand crafting. Originally designed to promote the new one-ounce coins, the colossal 100 kg coins will be produced in a very limited quantity. A U.S. precious metals distributor has ordered three and there is interest in Asia and Europe.

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