Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist
by Mark O’Byrne, Gold Core:
– Gold coin called ‘Million Dollar Gold Coin’ or ‘Big Maple Leaf’ stolen from Berlin museum early on Monday
– World’s purest gold coin and in the Guinness Book of Records for its purity of 99999 fine gold
– Gold coin was legal tender, investment grade, bullion coin and only 5 other coins were minted
– Other ‘Million Dollar Gold Coin’ is still available for sale by GoldCore safely stored in vaults in Ottawa
– Royal Canadian Mint minted the gold coin in 2007 and carries imprint of Queen Elizabeth II
– Like all bullion coins, is worth much more than its legal tender value
– Gold should be stored in secure vaults, in safe jurisdictions such as Singapore, Hong Kong and Zurich
When debating whether or not gold has value or not, the naysayers will often argue that it is a “pet rock” and just a shiny, heavy, cumbersome piece of yellow metal that has no “intrinsic” value.
Ignoring the fact that the majority of humanity still know that gold remains great valued. Even daring thieves realise the value of gold and will go to great lengths to get their hands on it.
Yesterday morning German police received a call from Berlin’s Bode Museum saying that one of the ‘Big Maple Leaf’ coins had been stolen over the weekend.
- Face Value: $1,000,000
- Composition: 99999 fine gold
- Weight (troy oz): 3,215
- Weight (kg): 100
- Coins in Existence Worldwide: 5
- Coins Currently for Sale Worldwide: 1 (Now maybe 2)
Despite the massive size of the gold coin and huge weight – it wasn’t too big for thieves and they were more than happy to relieve the Berlin musuem of one of the their prized possessions.
The museum houses one of the world’s largest coin collections, with about 102,000 coins from ancient Greece and about 50,000 Roman coins, so why did they single out this particular one?
World’s purest gold coin as “big as a tyre” and one of just seven
The gold coin, issued in 2007, by the Royal Canadian Mint is about as big as a tyre. The 53cm across and 3cm thick coin weighs nearly 100 kilos (221-pounds or 3,215 t.oz). It is made of 99.999% pure gold bullion and is this one of the purest gold coins according to the Guinness Book of Records.
