$1 million gold in Teletrade sale
Filed Under: Auction News, Featured, Gold & Silver Bullion
An online Teletrade Premier Plus auction Aug. 16 will give collectors a market price for the first time for a 100-kilo (3,215 troy ounce) Canadian gold coin with a $1 million face value.
The coin, which contains more than $2 million of gold bullion, was introduced by the Royal Canadian Mint in early May, but so far sales have been by private treaty.
“This is the first 100-kilo coin that is available for sale to the public. It will be the most valuable coin ever offered in an online-only auction, said Ian Russell, President of Teletrade of Irvine, Calif., a division of Spectrum Numismatics International.



















