Joy of Museums

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The One Tonne Gold Coin

Perth Mint - Joy of Museums - The One Tonne Gold Coin

This One Tonne Gold Australian is the world’s biggest and most valuable coin. Weighing one tonne of 99.99% pure gold, this monumental coin measures nearly 80cms wide and more than 12cms deep. This massive Kangaroo Coin features a bounding red kangaroo surrounded by stylised rays of sunlight and bordered by the inscription AUSTRALIAN KANGAROO 1 TONNE 9999 GOLD and the year-date 2012.

Issued as Australian legal tender, the reverse of the coin features the effigy of Her Majesty Queen Elizabeth II, accompanied by the inscriptions: ELIZABETH II, AUSTRALIA and the monetary denomination of 1 MILLION DOLLARS.

While it has a nominal value of A$1million (£650,000) at the current cost of gold it is worth a lot more. If it was melted down and separated into gold bars it would be worth over A$54m.

Perth Mint - Joy of Museums - The One Tonne Gold Coin 2

Essential Facts:

  • Exhibit:                   The One Tonne Gold Coin
  • Materials:               99.99% pure gold
  • Weight:                   1 Tonne, 1,012 kilograms (2,231 lb)
  • Diameter:               80 centimetres (31 in)
  • Thickness:              12 centimetres (4.7 in)
  • Date Made:             2011
  • Nominal value:     A$1million (£650,000)
  • Gold Value:            A$53.5 million at the time of minting
  • Museum:                Perth Mint

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“If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.” J. R. R. Tolkien

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Photo Credit:By GordonMakryllos (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons