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World's largest gold coins to go on sale Oct. 7

World's largest gold coins to go on sale Oct. 7

TOKYO, Japan - A woman poses with the world's largest gold coin created by the Austrian Mint at the Austrian Embassy in Tokyo on Oct. 6. The face value of the coin, weighing about 31 kilograms and measuring about 37 centimeters in diameter, is set at 100,000 euros (about $122,870 or 13.5 million yen).

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Vienna gold coins selling at record highs in Japan

Vienna gold coins selling at record highs in Japan

TOKYO, Japan - A shop assistant shows off Vienna gold coins at Tanaka Kikinzoku Kogyo K.K. in Tokyo. The coins produced by the Austrian mint are becoming increasingly popular with Japanese investors, with sales up to the end of October 2002 already double the previous year's figure at a record 100,000 ounces (about 3 tons). Due to the prolonged economic doldrums in Japan, the coins are popular as an alternative investment as they can be cashed at any time and their tender value is relatively stable, industry officials say.

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World's largest gold coins to go on sale Oct. 7

World's largest gold coins to go on sale Oct. 7

TOKYO, Japan - A woman poses with the world's largest gold coin created by the Austrian Mint at the Austrian Embassy in Tokyo on Oct. 6. The face value of the coin, weighing about 31 kilograms and measuring about 37 centimeters in diameter, is set at 100,000 euros (about $122,870 or 13.5 million yen). (Kyodo)

  •  
Vienna gold coins selling at record highs in Japan

Vienna gold coins selling at record highs in Japan

TOKYO, Japan - A shop assistant shows off Vienna gold coins at Tanaka Kikinzoku Kogyo K.K. in Tokyo. The coins produced by the Austrian mint are becoming increasingly popular with Japanese investors, with sales up to the end of October 2002 already double the previous year's figure at a record 100,000 ounces (about 3 tons). Due to the prolonged economic doldrums in Japan, the coins are popular as an alternative investment as they can be cashed at any time and their tender value is relatively stable, industry officials say. (Kyodo)

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