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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).

Updated on: Jun 26, 2010, 19:43:40 IST
AP | By , Vienna
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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.

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HT Image

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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