Weighing 1000 kilograms, and made of 99.99 percent pure gold, is the world’s largest gold coin manufactured in Perth Mint, Australia. The product measures 80 centimeters in diameter, with a thickness of 13 centimeters. A colossal piece, the gold product is practically an artwork in itself. The kangaroo side of the gold coin is surrounded by stylized, inward sun rays and carries the inscription: AUSTRALIAN KANGAROO 1 TONNE 9999 GOLD, along with the year of minting, 2012. Designed to celebrate the Queen Elizabeth II’s recent visit to Australia, this monumental gold coin carries Her Majesty\’s profile on one side, and the famous Australian Red Kangaroo on the other. The coin was unveiled just last week, to mark the Commonwealth summit to be opened by the Queen.

The release of this massive product has once again put Perth Mint in the top spot for the world\’s biggest bullion coin, a record which it held with a 10kg product until 2007, when it was pushed to second place by the Canadian Mint, which created a 100 kilograms product. \”To cast and handcraft a coin of this size and weight was an incredible challenge – one which few other mints would even consider,\” said Perth Mint chief executive Ed Harbuz. The Australian Kangaroo Gold Bullion Coin Program from Perth Mint offers a popular range of gold bullion products, in various sizes, mintage limits and annual design changes. According to Perth Mint, “The Australian kangaroo gold bullion coin is one of the most popular bullion products in the world. The one-ton product will be another attraction that people can enjoy when they visit the Mint.”

The Sydney Morning Herald mentioned that the product took a whopping 18 months to mint, and is valued at the legal Australian tender of $1 million. However, due to the current inflation in gold market prices, the product is actually worth more than $53.5 million in Australian dollars or $55 million in US currency. In some ways, this fact itself lends credence to the value of investing money in gold coins. Being minted, they do not have gold wastage and therefore investors are not paying wastage charges. Additionally, one can buy them in India in either 22k carat alloyed gold or 24 k pure gold. They are also easy to store, and sell. Buyers can sell them at jewelers or have them made into gold jewellery later, resulting in a cost benefit on the initial investment.

Gold coins often come with a purity certificate, which lets the jeweler know the value of the coin immediately. If you are considering buying coins in India, buy from a certified and reputable seller. You will receive a legal certification of the purity, and weight of your purchase, which will help you redeem your investment when you sell at a later date. Also you need to know the basic difference between the 14, 18 and 24k coins which is found out on the basis of percentage of gold that a particular gold coin holds. Every coin or jewelry is made by mixing gold with other metals to make it little stronger and also maintaining the beauty aspects.

Purchasing Gold coins online is really a risky business. Make sure you check the quality of the items you wish to purchase.

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Author Bio: Purchasing Gold coins online is really a risky business. Make sure you check the quality of the items you wish to purchase.

Click here for 100% quality 24 karat gold price.

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Keywords: 24 karat gold price, Buy gold coins, Gold coins, Gold jewellery