Weighing just over 220 lbs. with a face value of $1 million dollars; the world’s largest gold coin sold at auction for just over $4 million dollars US. The coin, a 2007 gold Canadian Maple Leaf, was purchased by a Spanish precious metals firm. The $4.02 million dollar sale price was the coin’s exact worth in gold at the price of the metal on Friday.

An Austrian investment group, AvW Invest, sold the world’s largest gold coin after they filed for insolvency and their owner and chief executive were arrested on suspicion of fraud. ORO Direct, a gold trading company in Madrid, Spain is now the proud owner. You can see a picture of the coin here.

ORO submitted a written bid for the coin; the only bid made during the auction. Gold continues to hit record highs with the financial uncertainty that permeates not only the US but World financial systems. Gold is currently trading at a record $1256.00 an ounce at the time of this writing.

In the age of Obama, wouldn’t it be nice to have this monstrosity lying around somewhere; if not the whole 220 lbs than at least a portion of it? The Gold Canadian Maple Leaf is the purest gold coin you can own at 99.999% pure.

The Royal Canadian Mint made the coin in 2007, earning it a spot in the Guinness Book of Records for the world’s largest gold coin.