Switzerland puts Einstein on world's smallest gold coin

Deutsche Welle ^ | 01.23.2020 | Melissa Van Brunnersum

[Olog-hai]

Switzerland has minted the smallest gold coin the world has ever seen, state-owned Swissmint announced Thursday.

The 2.96-millimeter (0.12-inch) gold coin, weighing only 0.063 grams (¹⁄500^th of an ounce), is so small the viewer needs to squint closely to see world-famous physicist Albert Einstein sticking his tongue out.

The coin has a nominal value of ¼ of a Swiss franc (26¢, €0.23) and can be ordered online.

According to Swissmint, 999 of the coins have been made, and a single coin will be sold for 199 francs and accompanied with a special magnifying glass so owners can see Einstein. …

[Kickass Conservative]

IWWTBWT = I Wonder What Tony Beets Would Think

[elbook]

For sale to Tourists (has no other utility)

I wonder how many of them you can make from a typical gold filling ???

.

[Moltke]

Show me what I'm missing here.

Math.

Why are you focusing on the gram equivalent of "ounce"?

The coin weighs 1/500 of an ounce. The price of gold is appr. $1500/ounce.

Hence, the price of 1/500 ounce of gold is $1500/500 = $3.

Over and OUT!

[TangoLimaSierra]

Yep, you're right. I was using .63 grams instead of .063.
Misread the first time thru and got stuck on it. Sorry.

[Moltke]

It happens... no worries.

[SunkenCiv]

Thanks Olog-hai. This reminds me of ancient coins, which had the head of medusa (if memory serves) sticking out her tongue. They were silver coins.

[GOPJ]

So, a coin denominated at $0.26 is actually worth about $3.00 and is being sold for $200. Gotta hand it to governments to build value!

If this works we can try the same thing - - tackle the national debt with tiny coins. Maybe sell some to the Swiss...