$1 million coin: World's largest, most valuable gold bullion minted (Video)

$1 million coin minted in Australia.

A $1 million coin, which is the world's largest gold bullion coin, has been minted by The Perth Mint, Australia's historic precious metals Mint.

Inspired by the popular Australian kangaroo gold coin series, the $1 million coin is made from 99.99% pure gold. With a massive weight of 1,000kg, the magnificent giant coin symbolizes one of the Mint's most extraordinary accomplishments in its 112 year history.

Australia's $1 million coin measures nearly 80cms wide and more than 12cms deep, making it the new biggest gold coin in the planet. The previous record holder was the 1 million dollar gold maple leaf coin released by the Royal Canadian Mint in May 2007 - the coin weighs 100kg and measures 50cms in diameter and 3cms in thickness.

Perth's $1 million coin is also the world's most valuable gold bullion coin. It reportedly has a USD55 million price tag on it.

Watch the world's largest and most valuable coin being made through the Youtube video below:

$1 million coin being made in Australia | Video courtesy The Perth Mint