Royal Canadian Mint Displays Record-Breaking Gold Coin in United Arab Emirates

By CoinNews.net on Feb 13th, 2008 in Coin or Numismatic News, Press Releases and Announcements, Royal Canadian Mint | No Comments

The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities and Minister responsible for the Royal Canadian Mint (left) and Ian E. Bennett, President and CEO of the Royal Canadian Mint unveil the world's first 100-kg, 99999 pure gold bullion coin with a $1 million face value. (2007. CNW Group/Royal Canadian Mint) Over the weekend the Royal Canadian Mint (RCM) exhibited the world’s largest gold coin in the United Arab Emirates (UAE).

The Guinness World Record gold bullion coin:

Has a $1 million face value
Weighs in at 100-kg (220 pounds)
Contains 99.99 percent pure 24-karate gold

The coin was shown in the Canadian Embassy at a reception to further pursue new business opportunities. Royal Canadian Mint President and CEO, Ian E. Bennett, said:

"The Royal Canadian Mint is delighted to come to Abu Dhabi to showcase the world’s best and most exclusive gold bullion coin to the people of the United Arab Emirates. The Mint senses strong business opportunities in a market with such a high concentration of sophisticated investors. We are confident that our superior gold bullion products will more than meet their high expectations.”

For further information, you can read the embedded Al Bawaba news article, Royal Canadian Mint displays the world’s purest, largest and highest denomination gold coin in the uae

Subscribe to CoinNews | Get Coin News by Email

If you've enjoyed this article, please share it by clicking on the button below, and selecting a service so others can find it too. Many thanks.