Million dollar coin minted, put up for auction

Remember that huge gold coin that Canada was going to make? Well they have officially done it, and its face value is (in my best Dr. Evil voice) one million dollars!

The interesting thing about this gigantic coin is that like the penny here in the US, the materials used are actually worth more than its face value. The estimated worth of the 220 pounds of gold used is somewhere in the neighborhood of 2 million bucks.

If you've got some spare change lying around, this coin is going to be put up for auction beginning on August 16.

World's Largest Gold Coin Available for Sale [via bornrich]