100kg gold coin goes on sale… for £3.8m

1kg mapleMeasuring the size of an extra-large pizza and weighing the same as a bottle of wine, a rare ‘million dollar’ pure gold coin could soon be the prized possession of a UK collector or investor.

The coin was one of five produced by the Royal Canadian Mint in 2007. It carries a face value of $1m, but is valued at a staggering £3.8 million on today’s market.

That’s £1m more than its weight in gold is worth, with 100kg of gold currently worth just over £2.7m.

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The coin, which features a maple leaf design on the reverse and esteemed Canadian artist Susanna Blunt’s portrait of Queen Elizabeth II on the obverse, is currently on sale through a UK gold broker.

With the other four examples held in private collections, this is the only one likely to be seen for quite some time.

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You can own a rare gold maple leaf coin without spending £3.8m

2016-Maple-CoinWe have just 29 of these pure gold proof coins that were released this year in celebration of Her Majesty’s 90th Birthday.

The ¼ ounce gold coin carries the same portrait of Queen Elizabeth II by Susanna Blunt as the special 1kg that has just gone on sale. Whilst that carries a price tag of £3.8m, you can own this limited edition coin for just £550.

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