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The making of the world's LARGEST gold coin

Last updated on: November 1, 2011 10:44 IST

The making of the world's LARGEST gold coin

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Australia has unveiled the world's largest gold coin, weighing a massive 1,000 kg to mark the visit of Queen Elizabeth II.

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Image: World's largest gold coin.

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The making of the world's LARGEST gold coin

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The Perth Mint produced it in time for the Queen's visit to the city in Western Australia for the Commonwealth heads of government meeting.

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Image: Queen Elizabeth on the coin.

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The making of the world's LARGEST gold coin

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The coin has a kangaroo on one side and the Queen's profile on the other. It is nearly 80cm in diameter and 12 cm thick.

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Image: Gold coin.

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The making of the world's LARGEST gold coin

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Perth Mint CEO Ed Harbuz said making it was "an incredible challenge, one which few other mints would even consider".

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Image: Perth Mint CEO Ed Harbuz.

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The making of the world's LARGEST gold coin

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The Australian coin is five times heavier than the world's previous largest gold coin, made by the Royal Canadian Mint, the BBC reported.

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The making of the world's LARGEST gold coin

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"We thought well, we'd better make it so much bigger that it'll stay the biggest coin in the world for a long time," Harbuz said.

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Image: It will remain the biggest coin in the world for a long time.

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The making of the world's LARGEST gold coin

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The coin is 99.99 per cent pure and has a nominal value of 1,000,000 Australian dollars ($1,061,000).

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Image: Australia's coin is 99.99 per cent pure.

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The making of the world's LARGEST gold coin

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The gold itself is worth more than 50 million Australian dollars.

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The making of the world's LARGEST gold coin

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The giant coin is a magnificent Australian icon symbolising one of the Mint's most extraordinary accomplishments in its 112 year history.

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Image: One of the Mint's most extraordinary accomplishments.

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The making of the world's LARGEST gold coin

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It measures nearly 80 centimetres wide and over 12 centimetres thick.

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Image: Coin's thickness is over 12 centimetres.

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The making of the world's LARGEST gold coin

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At one tonne (1,000 kg), it's the biggest, heaviest, inherently most valuable gold bullion coin in the world.

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Image: Most valuable gold bullion coin.

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The making of the world's LARGEST gold coin

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It has Australian legal tender status.

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