$50 Million Gold Coin Makes Splash at NYSE (Video)
$50 Million Gold Coin Makes Splash at NYSE Video by KitCo News
Perth Mint made history on Tuesday by bringing the world’s largest gold coin to the NYSE.
The coin, weighing in at 1 tonne, holds the Guinness World Record for the world’s largest, is valued close to $45 – $50 million at market prices, with spot gold last trading at $1,411.10 an ounce.
The coin’s unveiling at the NYSE marks the Perth Mint’s launching of its gold-backed ETF, the Perth Mint Physical Gold ETF (NYSEArca: AAAU).
AAAU is the world’s first government-backed gold ETF, with the majority of the fund’s gold vaulted at the Perth Mint.