The newly authorized $1,000,000 Canadian Gold Coin.
No, really.
The “mega-loonie” as it is being dubbed, has been voted on and passed by the Federal Cabinet and orders the Mint to produce the $1,000,000 gold coin.
The Royal Mint will only comment that it has permission to mint the coins. No word was given on how many may be pressed or for how many years the program has been authorized.
According to CBC News the coin is not designed for commerce but for collectors and for the notoriety to have issued a $1,000,000 coin.
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