MONTREAL– March 31, 2016 – Kitco Metals, a global leader in bullion products and information, announced today that it is making history by placing the world’s first million dollar coin on the market.
In 2007, Canada’s Royal Canadian Mint released the first of an extremely limited number of the largest, and purest, legal tender coin in the world: a 220-pound (100-kilogram) gold bullion piece with a face value of one million Canadian dollars.
The million dollar piece is 99.999% pure gold bullion and was originally conceived as a unique showpiece. “While most gold coins are produced with 9999 or 999 gold, this exceptional coin is made of gold which is 99.999% pure. Only the Royal Canadian Mint has been able to produce a coin of this purity,” says Bart Kitner, president and founder of Kitco Metals.
To date, only five of these majestic bullion coins have been produced. Kitco Metals is now making it possible to purchase a rarity – it is the sole coin out of five for sale. “We have appreciated the beauty of this coin, which really is a piece of history, for several years. We are now ready to share it with the public and give it a new home,” said Mr. Kitner.
The effigy of Her Majesty Queen Elizabeth II on the obverse side is a work by celebrated Canadian portrait artist Susanna Blunt. The reverse features an elegant hand-polished maple leaf design by Royal Canadian Mint Senior Engraver Stan Witten.
For More Information on the Million Dollar Coin: https://online.kitco.com/1M
Coin Quick Facts:
Face value: $1,000,000
Weight (troy oz.): 3215
Weight (kg): 100
Composition: 99999 fine gold
Diameter: approximately 21 inches/53.34 cm
Thickness: approximately 1.5 inches/3.81 cm
Coins in existence worldwide: 5
Coins currently for sale worldwide: 1
Own a piece of history! For more information please speak to Kitco’s head trader!
Individual or Dealer Enquiries
1 866 971-2677 (USA& Canada)
1 514 313-9999 (Worldwide)
Press Contact:
John Dourekas
1 514 715-4821
About Kitco Metals:
"Kitco" is a familiar name to many people who visit our world-famous, award-winning website www.kitco.com. With its compelling combination of an online precious metals store, live spot prices, expert market commentaries, up-to-the-minute news and usable market information, our website attracts nearly a million visits every day.
Kitco Metals Inc. is also one of the world's premier retailers of precious metals. From our offices in Montreal, New York and Hong Kong, we buy and sell a wide range of precious metal products in gold, silver, platinum, palladium and rhodium. We also provide metals for custodial storage programs to individual customers and corporations the world over
