One ton gold coin won't fit in any slot machines

If you're a big spender who likes to pay with cash, you know that carrying around all of those suitcases stuffed with bills can be a pain. Now the Australian government has made it easy, by creating a single gold coin worth a cool $57.34 million.

At one metric tonne, equivalent to about 2,204-pounds or 1.1 U.S. tons, the 99.99% pure gold coin is worth about $57.34 million. That should be just enough to pay for some nice fancy new digs, or a nice Gulfstream G650 private jet. Just don't try to stick the coin in your pocket when you go to close the deal, because at 32 inches across it's bound to stretch out your suit.

The coin shows a face value of $1 million Australian, but according to my calculations, the last time one ton of pure gold was worth that little was way back in the 1960s. Ah, inflation.

Of course if you want one, I'm not sure you're going to be able to get it from one of those gold-dispensing ATMs.


China Daily, via Born Rich

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