This Australian Coin Is Worth $54 Million

It’s the world’s largest, heaviest and least conveniently sized legal tender.

Don’t try to fit this in your wallet…

The Perth Mint is home to the world’s largest, heaviest and least conveniently sized coin.

While the coin is legal tender of AU$1 million, its value is estimated at AU$54 million.

Featuring Queen Elizabeth II on one side and a red kangaroo on the other, the coin was struck to celebrate the Queen's last visit to Australia.

After an 18-month casting process, the final coin weighs in at more than a tonne of 99.99 percent gold with a diameter of 80 centimetres.

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“To cast and handcraft a coin of this size and weight was an incredible challenge, one which few other mints would not even consider,” says Ed Harvuz, the mint’s Chief Executive Officer.

"The giant coin is a magnificent Australian icon symbolising one of the Mint's most extraordinary accomplishments in its 112-year history," read a statement on Perth Mint's website.

The coin takes the world’s biggest title from a Canadian creation that weighed in at just 100 kilograms, only a tenth of the new Aussie creation.

All images: Perth Mint

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