How would you like to own a pizza-sized gold coin? If you are the highest bidder in the upcoming online auction put on by Escala Group, a global collectibles company in stamps, coins and militaria, you will.
The coin, which will be on auction beginning August 16, is a 100 kilogram coin published by the Royal Canadian Mint. It weighs over 220 pounds contains more than $2 million of gold bullion. The auction coincides with the launch of Teletrade Direct, a new service to sell gold, silver and platinum bullion coins.
“Itâ€™s the most valuable coin ever offered in an online-only auction,” said Ian Russell, President of Teletrade, an online rare coin auction company. Teletrade is part of Escalaâ€™s Spectrum Numismatics division.
Originally posted on July 30, 2007 @ 4:10 pm
I would love to get my hands on a giant 5 oz krugerrand.
Fred (Shopping Freak) Taylor says
Who would buy this? Gold speculator or private collector?
Who owns the coin currently?
Gold Coin Guru says
I’d like to get my hands on that baby!