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Showing posts with label gold coin. Show all posts
Showing posts with label gold coin. Show all posts

Longest line of coins set Guinness World Record by Philippines

Longest line of coins set Guinness World Record by Philippines

Volunteers arrange coins during an attempt to break the world record of the longest line of coins at the Quirino Grandstand in Manila

                                                       Longest line of coins picture

Philippine civic groups and charities lined up almost 73 kilometers (45 miles) of coins on Wednesday in a bid to set a new Guinness World Record and build schools for the poor.

The project, which aimed to set a new record for the longest line of single-denomination coins, received a better response than anticipated with families thronging Manila’s Quirino Grandstand to donate their coins.

While it will take time to get the official certification from Guinness World Records, organizer Paul Chan said the Philippines had clearly toppled the old record of 64.88 kilometers of pennies set in Fort Scott, Kansas in 2008.

“Unofficially, we have received nearly 73 kilometers of coins already but we cannot state that officially unless a geodetic engineer and an architect certifies it,” as required by Guinness, said Chan.

Businesses, universities and private groups all contributed nearly 3.6 million 25-centavo denomination coins, amounting to about 912,000 pesos ($21,000), which will be used to build schools.

The project, supported by the Bangko Sentral ng Pilipinas, is also intended to bring more coins into circulation to ease a shortage of loose change affecting many businesses, organizers said.
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World’s Biggest Gold Coin in Vienna 2010

World’s Biggest Gold Coin photo, Largest and heaviest Gold Coin picture 2010, 100 kilograms gold coin price, Vienna Auction World Record
World’s Biggest Gold Coin in Vienna set Auction World Record 2010.
The world’s largest gold coin, a Maple Leaf worth C$4.06 million ($3.9 million) at current prices, will be auctioned in Vienna on June 25.

The coin, made of pure gold, weighs 100 kilograms (3,527 ounces) and is 53 centimeters (21 inches) in diameter, the Dorotheum auction house said on its website. It has a face value of C$1 million. Starting bids will be based on daily bullion prices, the site shows.

Gold climbed to a record $1,252.11 an ounce on June 8 in London and has gained 11 percent this year on investor demand for a haven from Europe’s sovereign-debt crisis. Purchases of coins are tightening supplies and boosting the premiums added to the price of bullion, according to dealers including Dublin- based GoldCore Ltd.
The coin is being sold on behalf of the liquidators of Austrian investment and venture-capital firm AvW Invest AG, Dorotheum spokeswoman Ingeborg Fiegl said today by e-mail. She was unable to identify the liquidators.

The coin, listed in the current edition of Guinness World Records, was previously on loan to the collection of Vienna’s Kunsthistorisches Museum, according to the Dorotheum. One side shows three maple leaves, Canada’s national symbol, and the other bears the image of Queen Elizabeth II, the auction house said.
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