Giant gold coin sold for $4 million

The world's largest gold coin has been sold at auction in Austria for euro3.27 million ($4 million). The coin - a 2007 maple leaf coin has a face value of 1 million Canadian dollars ($960,000) that weighs 220 pounds (100 kilograms) and has a diameter of 21 inches (53 centimeters).
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Updated on Jun 26, 2010 07:43 PM IST
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AP | By, Vienna

The world's largest gold coin has been sold at auction in Austria for euro3.27 million ($4 million). The coin _ a 2007 maple leaf coin with a face value of 1 million Canadian dollars ($960,000) that weighs 220 pounds (100 kilograms) and has a diameter of 21 inches (53 centimeters) - went under the hammer on Friday at Austria's prestigious Dorotheum auction house. It was pocketed by Spanish precious metal trading company Oro Direct.

The Dorotheum said on its website that the impressive sum the coin fetched was largely influenced by the high price of gold.

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