World's largest coin

Hello

Not what you would call "pocket change".

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html

Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.

..

Hello

If your not able to view the coin and read the
story, I posted it on the newsgroup
"alt.binaries.pictures.numismatic".

..

"Arizona Coin Collector" wrote in message
m...
Hello

Not what you would call "pocket change".

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html

Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.

.

For practical purposes .454 kg equals 1 lb.

2.2 lbs is very close to 1kg. (works out to be .9988 kg)

So 100kg/0.454kg = 220.26 pounds. Is that correct?



"Arizona Coin Collector" wrote in message
m...
Hello

Not what you would call "pocket change".

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html

Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.

.

Here is a better link with more images of this coin.

http://www.dailymail.co.uk/news/arti...s-display.html

..

It is just under 268 troy pounds -- over 3200 troy ounces.

I'm going to go check my couch on the off chance that one fell out of
someone's pocket...


IF



"Arizona Coin Collector" wrote in message
...
For practical purposes .454 kg equals 1 lb.

2.2 lbs is very close to 1kg. (works out to be .9988 kg)

So 100kg/0.454kg = 220.26 pounds. Is that correct?



"Arizona Coin Collector" wrote in message
m...
Hello

Not what you would call "pocket change".

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html

Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.

.

In , on 05/28/2008
at 06:53 PM, "Arizona Coin Collector" said:

Not what you would call "pocket change".

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html

Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.

Wow. That's huge ... I thought those Panama silver pieces I had awhile back
were "the largest". They were at least marked as legal tender tho, these
don't appear to be.

Sort of a stretch of the word "coin", IMO. Does the fact that a piece of
bullion is round with a design make it a coin?

Interesting anyway. I gave up Canadian coins awhile back. Good thing, as
I'd hate to have to try to budget for this one!

Nick

"Nick Knight" wrote in message
...
In , on 05/28/2008
at 06:53 PM, "Arizona Coin Collector" said:

Not what you would call "pocket change".

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html

Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.

Wow. That's huge ... I thought those Panama silver pieces I had awhile
back
were "the largest". They were at least marked as legal tender tho, these
don't appear to be.

Sort of a stretch of the word "coin", IMO. Does the fact that a piece of
bullion is round with a design make it a coin?

Interesting anyway. I gave up Canadian coins awhile back. Good thing, as
I'd hate to have to try to budget for this one!

Nick

Oy! You should see the ALBUM!

It can be argued that the stone money from Yap (Micronesia) are the
largest 'coins'. One of these Canadian monster gold coins was on
display at the Milwaukee ANA convention last summer. I believe that it
was up for auction, and received no bids. Wonder why? 8-)

The 'COINS' on the Yap Island are much bigger and circulate.
This item while having a denomination, was never meant to circulate.
jeff

Nick Knight wrote:
In , on 05/28/2008
at 06:53 PM, "Arizona Coin Collector" said:


Not what you would call "pocket change".


http://www.telegraph.co.uk/news/newstopics/howaboutthat/2044410/World's-largest-coin.html


Only five examples of the pure gold "Canadian Maple Leaf",
weighing 100 kilograms and worth about a million pounds.


Wow. That's huge ... I thought those Panama silver pieces I had awhile back
were "the largest". They were at least marked as legal tender tho, these
don't appear to be.

Sort of a stretch of the word "coin", IMO. Does the fact that a piece of
bullion is round with a design make it a coin?

Interesting anyway. I gave up Canadian coins awhile back. Good thing, as
I'd hate to have to try to budget for this one!

Nick

"Jud" wrote:

I believe that it was up for auction, and received no bids.

At least one of them was:
http://www.teletrade.com/coins/lot.a...=2409&lot=1258

Wonder why? 8-)

Because paying buyer's premiums for bullion coins is normally
a losing game.

Assuming that the reserve wasn't too much above spot and a
15% buyer's premium, in retrospect it would have been a very
good investment (20+% ROI). But neither my portfolio nor my
vault is big enough to hold such a piece.

--
Michael Benveniste -- (Clarification required)
Legalize Updoc.