Loonie Canadians!

[3113]

This was the best you could come up with to get some attention?

Canadian mint to unveil coin worth one million dollars
OTTAWA (AFP) - The Royal Canadian Mint will soon unveil a gold coin worth one million Canadian dollars (850,000 US dollars), an official told AFP.

But the valuable loonie, a sobriquet given to Canadian one-dollar coins, will not go into circulation, said mint spokeswoman Pam Aung Thin.

"It's a new denomination for us," she said. "However, I doubt you'll find it in someone's change purse or ever used in a parking meter."

Rather, the "very large coin" will be sold to collectors and niche investors, she said.

The mint plans to introduce the coin in April. "Not a lot" will be minted, Aung Thin said.

Like all Canadian coins, it will feature on one side a likeness of Britain's Queen Elizabeth II, also Canada's head of state, she said, refusing to reveal any other design details.

The editor of Canadian Coin News, Bret Evans, told public broadcaster CBC it would be the first of its kind in the world, breaking a record for value.

"The coin becomes an event," Evans said. "It's purely being done to get attention, to throw something on the market, to make a statement, which is: 'Here we are.'"

However, the last time such a special coin was minted, in Austria, all 15 -- worth 100,000 euro (130,000 US) each -- sold out in less than a month, he added.

 

[Xelebes]

The coin should be at least 40% of the proposed size. What they are proposing is going to cost 2.2 million dollars to mint.

 

[pop_54]

The coin should be at least 40% of the proposed size. What they are proposing is going to cost 2.2 million dollars to mint.

Well that's inflation for you

 

[rgraham666]

Don't look at me. I don't control the mint.

Not for lack of trying though.

 

[RogueLurker]

Damn ... more coins to weigh down my purse. Why can't they just stick to the old fashioned $1,000,000 bill. I may have to start using that pesky debit card if this continues.

 

[pop_54]

Damn ... more coins to weigh down my purse. Why can't they just stick to the old fashioned $1,000,000 bill. I may have to start using that pesky debit card if this continues.

Don't do it... you'll get cloned

 

[RogueLurker]

Don't do it... you'll get cloned

how do I know that I'm not already?

 

[neonlyte]

Forget the f***ing coin - who the hell admits to the handle 'Pam Aung Thin'. It's a million dollar name, you could write erotic stories on the name alone.

 

[JPMMURPHY]

I wonder if that thing 'll work in a coke machine?

 

[R. Richard]

It's for the coin flip at important Canadian sporting events, right?

 

[3113]

It's for the coin flip at important Canadian sporting events, right?

Hockey. They flip it, then use it for a puck.

 

[rgraham666]

Hockey. They flip it, then use it for a puck.

We do not.

Being socialists we live poor, blighted lives. If we used a million dollar coin for a puck the game would never start. Everyone in the stands would charge the rink in hopes of suddenly becoming wealthy.

 

[3113]

Being socialists we live poor, blighted lives. If we used a million dollar coin for a puck the game would never start. Everyone in the stands would charge the rink in hopes of suddenly becoming wealthy.

I thought that was how Hockey was played. Everyone trying to get hold of the puck as it slips and slides over the ice--and fights breaking out over it

 

[R. Richard]

To quote the late, great Rodney Dangerfield, "I went to a fight last night and a hockey game broke out."

 

[cumallday]

In ten years the coin will be worth $2.50.

They would use it as target practice in rural Quebec, especially the Queen side.

It would be fun, and somehow strangely ironic, if I could use it to scratch my million dollar winning lottery ticket.

I would love to see the look on the Tim Horton's employee's face if someone were to try and pay for their double double and timbits with it.

 

[Jenny_Jackson]

I heard they are selling these on QVC for three easy payments of $19.95