On May 3, 2007, the Royal Canadian Mint pushed out a press release introducing the world’s first 100-kg (220lbs), .99999 pure gold coin with a $1 million face. Earlier this week the CanWest News Service published an article indicating five of the coins had already sold – each for at least $2.3 million.
The super-sized coins certainly look spectacular. They may be an excellent investment and a testament to the mints skills. But are they wonder coins for the typical collectors? Not likely. I think most serious coin collectors, if they had that type of money to spend, would purchase coins with deeper history and reach. And, a coin that would fit in your pocket!