Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Attn G*ld Bugs
Old 05-05-2007, 10:52 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Apr 2006
Posts: 1,487
Attn G*ld Bugs

Quote:
Canada mints 200-pound, solid-gold coin
Got change for a million? Canada does: the world's biggest pure gold coin at 200 pounds. Already, three buyers have shelled out for one of the 1 million Canadian dollar coins introduced last week.

The Royal Canadian mint made the coins — 20 inches in diameter and 1 inch thick — mostly to seize the bragging rights from Austria, which had the record with a 70-pound, 15-inch wide coin.

"They're not doing this because there is huge demand for 100-kilo gold coins," Bret Evans, editor of Canadian Coin News said Saturday. "They're doing it because it gives them some bragging rights in having the largest purest gold coin in the world."
http://news.yahoo.com/s/ap/20070505/...Dp_CbdItXMWM0F
__________________

__________________
d is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Attn G*ld Bugs
Old 05-05-2007, 10:57 PM   #2
Recycles dryer sheets
 
Join Date: Jan 2006
Posts: 329
Re: Attn G*ld Bugs

I saw that... and I want one
__________________

__________________
NinjaPigeon is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-05-2007, 11:09 PM   #3
Thinks s/he gets paid by the post
 
Join Date: Apr 2006
Posts: 1,487
Re: Attn G*ld Bugs

need one for both left and right pocket or you'll be unable to stand straight.
__________________
d is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-06-2007, 04:05 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
Re: Attn G*ld Bugs

Kinda big! Since you will have problems storing it safely... you can leave it with me. I will keep it safe for you!

Just let me know when you need it back.
__________________
chinaco is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-06-2007, 12:09 PM   #5
Moderator
bssc's Avatar
 
Join Date: Dec 2005
Posts: 9,930
Re: Attn G*ld Bugs

Reminds me of Yap Island Stone money, only smaller. The Yahoo link didn't work for me but this one did.

http://www.citynews.ca/news/news_10630.aspx

In best government tradition, the amount of gold is actually worth more than the coin is selling for. Maybe we should pool together to get one.

Adds new meaning to the phrase, "Buddy can you spare some change."
__________________
Angels danced on the day that you were born.
bssc is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-06-2007, 05:32 PM   #6
Recycles dryer sheets
 
Join Date: Jan 2006
Posts: 329
Re: Attn G*ld Bugs

Quote:
Originally Posted by bssc
Maybe we should pool together to get one.
Sure! I've got $10 to throw into the pool
__________________
NinjaPigeon is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-06-2007, 08:15 PM   #7
Recycles dryer sheets
 
Join Date: May 2006
Posts: 442
Re: Attn G*ld Bugs

I'm not sure how they compute the price of this thing but :

100 kg = 220.462 lbs = 12 x 220.462 = 2645.544 troy ounces x $683.30 = $1,807,700 in American dollars.

__________________
dmpi is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-06-2007, 08:49 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Attn G*ld Bugs

Anyone that buys one...I have a gigantic wishing well in my back yard...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-07-2007, 12:03 AM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 5,459
Re: Attn G*ld Bugs

[quote=bssc ]
...In best government tradition, the amount of gold is actually worth more than the coin is selling for. Maybe we should pool together to get one.....

"It takes about six weeks to make and has a face value of 1 million Canadian dollars ($903,628), though it sells for approximately $2.7 million depending on the market value of gold."

Dang. face value. thought there was a major arbitrage situation there - not that I've got a cool million kicking around loose, but still...
__________________
calmloki is offline   Reply With Quote
Re: Attn G*ld Bugs
Old 05-07-2007, 05:48 AM   #10
Full time employment: Posting here.
UncleHoney's Avatar
 
Join Date: Aug 2006
Location: Columbus
Posts: 769
Re: Attn G*ld Bugs

Just got an idea for a little extra retirement money. Think I'll work on a design for chairside brandy tables, use the coins for the tops. :

Prolly have to setup delivery through Brinks cause UPS might lose the shipment.
__________________

__________________
100% retired and working hard at it.
UncleHoney is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
biting bugs Martha Health and Early Retirement 23 04-19-2007 12:58 AM
attn: Costco shoppers.... wildcat Other topics 8 03-15-2007 08:53 PM
Attn JG, werever you are Jarhead* Other topics 17 02-03-2006 03:31 PM
ATTN: Ladies LOL Other topics 21 07-15-2005 04:48 AM

 

 
All times are GMT -6. The time now is 09:21 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.