What A $1 Million Gold Coin Looks Like

The medals for the Olympics are minted by the Royal Canadian Mint. They’re the same company that prints all the money for Canada and many other countries. During the Olympics, the Mint has a pavilion set up at 500 Granville Street so you can view the Olympics medals and other interesting stuff. While the medals maybe the main draw, the real attraction on display was the $1 million gold coin.

The one of a kind coin was minted from 100KG (220lbs) of 99999 pure gold and is worth far more than its face value of $1 million. Gold is currently selling for $1,118 an ounce. That means 220lbs of gold cost nearly $4 million. That’s just for raw gold bricks. Gold is worth more if its been minted into a coin or another valuable object. This may explain why the coin was sealed behind thick bullet proof glass. This coin is recognized by Guinness World Records to be the world’s largest gold coin.

The Royal Canadian Mint Pavilion is open to the public during the 2010 Games. If you want to see the mega coin, then be prepare to line up for at least an hour and a half. As a matter of fact, lining up seems to be the theme of the Olympics.

$1 million gold coin

$1 million gold coin

Thanks to Ashley Chow for taking the photos. You can read Ashley’s Olympic adventures here and here.


43 thoughts on “What A $1 Million Gold Coin Looks Like”

  1. Diabetis says:

    I thought it will be your face that is printed on it.

    1. lol – now that’d be something interesting to have in your living room – a big coin with your face on it! 🙂

    2. Rick Krenz says:

      I wish we could vote on comments here because I was thinking the same thing before I click to see what the story was about.

  2. Fatdad says:

    I wonder if you can drop one of those in the Vending Machine and get change? hahaha

    1. Or take it to the bank and ask them to change it for pennies.

    2. Diabetis says:

      That would be the biggest vending machine ever, LOL.

  3. That’s all fine and good, but it doesn’t look like it will fit in my pocket….

    1. Don’t worry about it. I’ll hold the coin for you.

  4. Austin says:

    So the Royal Canadian Mint made a gold coin that has a value denominated in another nation’s currency?

    1. John Chow says:

      No, it’s face value is $1 million CAD. What it’s worth is an entirely other story.

      1. Sounds like someone should make a 2 million dollar gold coin to take over the record.

  5. Josten says:

    sheesh thats unbelievable

  6. Dev says:

    good posst man

  7. Darin Carter says:

    WOW, thats one BIG COIN !!!!

  8. Brandon says:

    Wow, the picture kinda makes it look smaller than it actually is, i would love to see that in person some day.

  9. Impressive. However the Queen doesn’t look like that anymore.

    Seems like all of the images we see of her here in Canada are from when she first took the throne like 70 years ago. It’s time to face the facts guys! She’s not bionic woman!

  10. Just toss that thing in your backpack and stroll on out of there… no one would suspect a thing!

  11. Now that would be a coin I’d like to own…just long enough to sell it and buy a Ferrari.

  12. Wow, such big coin. It will be nice in my room. 😆

  13. Sergey says:

    I wonder where it is now?…

  14. I want to see this coin flipped for next year’s Super Bowl.

    1. S Ahsan says:

      Lmao!!! I second that for sure 🙂

  15. Now all is needed is one with my face on it 🙂

    btw: Tell us more about that “buzz this” button you have added next to the “tweet this post” button..

  16. Chris says:

    It would be hard to loose that one down a drain! ha

  17. chester says:

    Wow, that’s a huge coin. I’m not sure if my bank would let me deposit something like that.

  18. Dev says:

    thinking to …buy this coin……lolz….=))=))=))

  19. coin looks very big, and I think the coin-making in vain. I see that this will create new problems Which some people probably think to steal it. This is because the material of the coin.

  20. Why dont they invest such gold to somewhere so that they can make more money through this.

    1. SEO Tools says:

      I thinks these coins are donated to meausium

  21. fas says:

    What a waste.

    1. Yes that’s what I am thinking and obviously every businessman will think about it in this manner only.

  22. No one will be using this in a coin toss. Most people can’t even pick it up.

  23. Blog Tactic says:

    A huge piggy bank is need for that coin

  24. Hi john

    if you fancy sending it over to me let me know!!!

    I wouldnt mind a free one lol

    kind regards

    sam
    X

  25. SEO Tools says:

    WOW that a big coing

  26. brass lights says:

    A $4MM+ hunk of gold?!? Impressive!

  27. Great Post..Very interesting

  28. I feel like there will be a movie about stealing something like this one day. Ocean’s Fourteen I’m sure 🙂

  29. Looks like I’m gonna need a bigger ashtray in my car

Comments are closed.