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Teletrade to auction online large gold coin

November 14, 2022 By Nino Marchetti

big-gold-coin.jpgHow 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.

“It’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 Escala’s Spectrum Numismatics division.

Originally posted on July 30, 2007 @ 4:10 pm

Filed Under: Business, Shopping, Web

Comments

  1. canadiangold says

    April 16, 2008 at 6:15 pm

    I would love to get my hands on a giant 5 oz krugerrand.

  2. Fred (Shopping Freak) Taylor says

    April 23, 2008 at 7:42 am

    Who would buy this? Gold speculator or private collector?
    Who owns the coin currently?

  3. Gold Coin Guru says

    April 24, 2008 at 3:48 am

    holy cow!

    I’d like to get my hands on that baby!

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