The worlds largest gold coin has been sold for $4 Million at an auction in Vienna, Austria.
The worlds largest gold coin sold for $4 Million - Photo by : Reuters/Heinz-Peter Bader
The 100 KG maple leaf coin which is only one of five, ever made and with a worth of $1 million was sold for four times it’s worth.
The 53 cm in diameter coin was sold to a Spanish precious metal company on Friday according to the auction house Dorotheum.
The coin also features in the Guinness Book of records.
The coins which was made in 2007 has the image of Queen Elizabeth II on one side and resembles a 50p piece GB currency.
The group AvW Invest had previously owned the coin but after the company’s owner and chief executive was arrested on suspicion of fraud, breach of trust and other charges in May, they decided to sell the coin.
Expert at the auction house said that the coin was sold far more than expected because of tge high value of gold in the present market.
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