Aaron Lynett / National Post

Aaron Lynett / National Post

The Royal Canadian Mint’s $1-million bullion bullion silver weighs 11 kilograms and is indeed valued during some-more than $5-million.

 
Nov 4, 2011 – 6:00 AM ET
| Last Updated: Nov 4, 2011 8:54 AM ET

On Thursday, to applaud a opening of a Richmond Hill showroom, changed steel distributor Canadian PMX Corp. hold a open observation of a Royal Canadian Mint’s 100 kilogram coin, acclaimed by a Guinness Book of World Records as a world’s largest bullion coin. It was a coin’s initial outing to Toronto. Tristin Hopper compiles a stats.

3,215: Ounces of bullion in a coin. In 2008, it would have taken 105 Klondike bullion mines operative for 9 days to furnish that most gold.

Related

100: Amount in grams of non-gold in a coin. The 100 kg silver is 99.999% pure, though that still means there is some arsenic, zinc and iron hidden in there.

8: Number of years Queen Elizabeth II has aged given a mural adorning a silver was etched. The Queen is now 85, though a 100 kg silver depicts her during a lissome 77.

$6.3-million: Actual value of a coin, as per a stream cost of roughly $1,773 per ounce. With 118 of these things, Toronto City Council could finally tighten a $750-million bill opening (79 coins if a opening is usually $500-million).

96,000: Amount in tonnes of ore that indispensable to be dug adult and processed to make a silver — about a same as a weight of a CN Tower. (Conventional knowledge is it takes about 27 tonnes of ore to furnish an unit of gold.)

10: Maximum jail judgment in years for hidden a coin. That is, if we do not get dinged with charges for violation and entering or armed spoliation — or a polite suit.

[unknown]: Hubris indispensable to make a 100 kg golf coin. While a rest of a universe suffers by mountainous stagnation and debt crises, Canada’s possess packet is furloughed a hunk of bullion so large it needs to be hauled around with a forklift. “Why did a Royal Canadian Mint make a world’s purest and largest bullion bullion coin? Because we can,” wrote a Mint in central promotional materials for a coin.

Posted in: Mississauga GTA, Posted Toronto 
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  • [...] Aaron Lynett / National PostNational PostThe Royal Canadian Mint’s $1-million bullion bullion silver weighs 11 kilograms and is indeed valued during some-more than $5-million. On Thursday, to applaud a opening of a Richmond Hill showroom, changed steel distributor Canadian PMX Corp. hold a open …The world’s largest .99999 pristine bullion silver creates singular coming in Metro TorontoMarketWatch (press release)The rush is on to sell goldToronto StarWorld’s biggest bullion silver done during Perth Mint, Australia, is value £35millionDaily MailNumisMaster.com -Yahoo! News Canada (blog) -International Business Timesall 127 news articles » [...]

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  • [...] largest .99999 pristine bullion silver creates singular coming in Metro TorontoMarketWatch (press release)Aaron Lynett / National PostNational PostThe rush is on to sell goldToronto StarNumisMaster.com -Daily Mail -Yahoo! [...]

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