The Royal Canadian Mint Has A New Gold Coin That's Worth More Than A Luxury Car

Imagine owning a single coin that could pay your rent for a few years, or purchase a lifetime's worth of video games, or even a luxury car. The Royal Canadian Mint has just what you're looking for. It's a solid gold coin with a five-digit price tag.

The money piece itself, which is one kilogram of pure gold, reimagines the 1905 Arms of Dominion of Canada. If you want to pick one up, it'll set you back a whopping $83,900.00.

That may sound like a lot of money, and that's because it is. It's almost $30,000 more than the average Canadian salary.

To put that even further into perspective, that amount of money can get you a brand new Dual Motor All-Wheel Drive Performance Tesla Model 3 and you'd still have a few bucks to buy a celebratory dinner.

So what exactly do you get for that kind of money? Well, bragging rights for sure, but there are other positive aspects to this expensive piece of memorabilia.

First of all, only 25 of them are being made, so you would be among a small group of people who own one. Maybe you could even start a club.

Second, the coin face is designed by prominent Canadian heraldic expert and artist Cathy Bursey-Sabourin.

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So really, it's like you're buying a piece of artwork, and people have paid way more than 80 grand for art.

Finally, it may be expensive, but some good news is that you don't have to pay any tax on your purchase.

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This coin may not come with anything as cool as a transformer, a dinosaur, or a 3D glass gingerbread man on it, but it would definitely be a great way to show off your status, even outside the world of coin collecting.

Don't worry about storage either, because after spending all that money, you also get a nice box for it.