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Coin Collecting NewsNo Takers for Canada’s Giant Gold
It wouldn’t fit in anyone’s pocket. Nobody took home the big Canadian $1 million gold coin offered in Teletrade’s Aug. 16 auction. “While the big Canadian coin did not sell it came very close the reserve was $2 million, and the bid was up to $1,950,000,” reported Teletrade President Ian Russell. The 100-kilogram coin, created by the Royal Canadian Mint in part to highlight availability of .99999 fine gold in its Maple Leaf bullion coin offerings, contains more than $2 million in gold.
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