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# Massive Gold Coin Auctions
World's Biggest Gold Coin Auctioned for More than $4 Million

By manzil | Published 2010-06-28 | World
Source: Trend Hunter, https://www.trendhunter.com/trends/worlds-biggest-gold-coin
References: [news.yahoo](http://news.yahoo.com/s/nm/20100625/lf_nm_life/us_austria_gold_coin)

The world's biggest gold coin was auctioned in Vienna, Austria on 25 June, 2010. The gold coin, which weighs 100 kilograms, fetched over $4 million, which was shelled out by a Spanish [precious metals trading company](https://www.trendhunter.com/trends/Endeavor-Metals). The gold coin is one of only five [Canadian $1,000,000 Maple Leaf coins](https://www.trendhunter.com/trends/commemorative-coin-release) by the [Royal Canadian Mint](https://www.trendhunter.com/trends/history-of-making-change).

The auction was held by an Austrian investment group AvW Invest, who went bankrupt after a series of fraud by its owner and chief executive.

## Trend Insights (Trend Hunter)

- Score: 0.4/10
- Popularity: 1% | Activity: 2% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [World](https://www.trendhunter.com/world) > [Bizarre](https://www.trendhunter.com/bizarreworld)

## Key Themes

### Key Themes Behind This Trend

- **Gold Coin Auctions:** Disruptive innovation opportunities in the auction industry by introducing online platforms for bidding on rare and valuable coins.
- **Precious Metals Trading:** Opportunities for disruptive innovation in the precious metals trading industry by leveraging technology to develop efficient and secure trading platforms.
- **Numismatic Collectibles:** Disruptive innovation opportunities in the numismatic collectibles market by creating digital platforms for buying, selling, and trading rare coins.

### Where This Applies

- **Auction Industry:** Disruptive innovation opportunities in the auction industry by introducing online platforms for bidding on rare and valuable coins.
- **Precious Metals Trading Industry:** Opportunities for disruptive innovation in the precious metals trading industry by leveraging technology to develop efficient and secure trading platforms.
- **Numismatic Collectibles Market:** Disruptive innovation opportunities in the numismatic collectibles market by creating digital platforms for buying, selling, and trading rare coins.

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