The World’s Largest Gold Coin – $1 Million Australian Kangaroo Revealed

In the realm of numismatics, few creations captivate the imagination like the world’s largest gold coin. The Australian Kangaroo One Tonne Gold Coin, minted by the Perth Mint in 2011, stands as a monumental testament to human craftsmanship and the allure of gold.

The Australian Kangaroo One Tonne Gold Coin

Weighing a staggering 1,012 kilograms (approximately 2,231 pounds), this coin is crafted from 99.99% pure gold. It measures 80 centimeters (about 31.5 inches) in diameter and is 12 centimeters (roughly 4.7 inches) thick.

Despite its face value of AUD $1 million, the coin’s intrinsic value, based on current gold prices, far exceeds this nominal amount.

At the time of its creation, the gold content was valued at over AUD $53 million. Given the fluctuations in gold prices, its worth has only appreciated over time.

Design and Craftsmanship

The coin’s reverse showcases a meticulously detailed red kangaroo, a symbol synonymous with Australia’s rich wildlife heritage. This design pays homage to the Australian Kangaroo Gold Bullion Coin Series, which has featured the kangaroo since 1989.

The obverse bears the effigy of Queen Elizabeth II, reflecting Australia’s status as a member of the Commonwealth.

The successful casting of this colossal coin is celebrated as one of the Perth Mint’s most extraordinary accomplishments since its establishment in 1899.

A Rival from Canada: The Big Maple Leaf

Prior to Australia’s achievement, the title of the world’s largest gold coin belonged to Canada’s Big Maple Leaf. Introduced by the Royal Canadian Mint in 2007, this coin weighs 100 kilograms (approximately 220.5 pounds) and is also composed of 99.999% pure gold.

It measures 50 centimeters (about 19.7 inches) in diameter and 3 centimeters (roughly 1.18 inches) thick. The Big Maple Leaf carries a face value of CAD $1 million, though its gold content’s market value is significantly higher.

Notable Incident

In a daring heist in March 2017, one of the five minted Big Maple Leaf coins was stolen from the Bode Museum in Berlin, Germany.

Despite extensive investigations, the coin was never recovered and is believed to have been melted down.

Comparative Overview

Below is a comparative overview of these monumental coins:

FeatureAustralian Kangaroo One Tonne CoinCanadian Big Maple Leaf Coin
Weight1,012 kg (2,231 lbs)100 kg (220.5 lbs)
Diameter80 cm (31.5 in)50 cm (19.7 in)
Thickness12 cm (4.7 in)3 cm (1.18 in)
Purity99.99%99.999%
Face ValueAUD $1 millionCAD $1 million
Year of Minting20112007

The creation of the Australian Kangaroo One Tonne Gold Coin not only surpassed previous records but also showcased the Perth Mint’s exceptional craftsmanship and Australia’s rich gold heritage. This monumental coin stands as a symbol of national pride and a marvel in the world of numismatics.

Frequently Asked Questions (FAQs)

Is the Australian Kangaroo One Tonne Gold Coin available for purchase?

No, this coin was a one-of-a-kind creation intended for exhibition and to showcase the Perth Mint’s capabilities. It is not available for sale.

Where can I view the Australian Kangaroo One Tonne Gold Coin?

The coin is on permanent display at the Perth Mint’s Gold Exhibition in Western Australia.

Are there smaller versions of the Australian Kangaroo gold coins available?

Yes, the Perth Mint produces the Australian Kangaroo Gold Bullion Coin Series in various sizes, including 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz, which are available for purchase.

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