2016-04-04 Mon

There’s no better example of “striking gold” than this one. The Ireland and British rights to market the sale of one of the world’s rarest gold coins has been given to the Irish gold brokers, Goldcore. Only 5 such coins exist and all the others are in private hands. The first one was minted by the Royal Canadian Mint in 2007. Originally conceived as a showpiece, the coin weighs a whopping 100 kgs or 3,215 troy ounces.

Made of 99.999 per cent pure gold, this rare coin has a current “melt price” of around $5 million. Goldcore was founded in 2003 and has $110 million in assets under management. It also runs a bullion trading platform and gold storage facility.