Australia makes $58.88 million coin

By EmmaZahn on Sat, 10/29/2011 - 7:24pm |

Australia's Perth Mint announced it has created a 1.1-ton gold bullion coin worth $58.88 million.

Ed Harbuz, chief executive officer of the mint, said artists and technical workers spent months designing the coin, which is 99.99 percent pure gold and measures about 31 1/2 inches wide and is more than 4 1/2 inches deep.

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The coin was created as part of the Australian Kangaroo Gold Bullion Coin Program, which has been making 2.2-pound coins using the same design for more than 20 years.

URL:

http://www.upi.com/Odd_News/2011/10/28/Australia-makes-5888-million-coin/UPI-31711319827597/?spt=hts&or=5