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.
- Source, Kitco News
