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Got change for a million?

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Old May 5, 2007 | 11:03 PM
  #1  
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sierraben
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Got change for a million?

Canada mints 200-pound, solid-gold coin.

http://news.yahoo.com/s/ap/20070505/.../odd_huge_coin
 
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Old May 6, 2007 | 12:36 AM
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dealers use it as a promotional tool
wow, a million dollar promo..... must be nice
 
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Old May 6, 2007 | 12:38 AM
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nothing like our tax dollars at work!





Jim
 
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Old May 6, 2007 | 09:39 AM
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> nothing like our tax dollars at work!

As the story reads, they either break even (if buying gold at wholesale) or are selling the gold at a 1.7 million dollar lost compared to market value.

What is to stop a dealer from buying it and melting it?
 
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Old May 6, 2007 | 11:08 AM
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Originally Posted by rebocardo
What is to stop a dealer from buying it and melting it?

People are too busy stealing copper from electrical sub-stations plus other places and getting electrocuted

I doubt they would take a chance for something under extremely heavy guard.
 
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