made in australia, it's one tonne of 99.99% pure gold, however at it's current market value, tone tonne of gold is worth $59,630,000 (Australian Dollar)
Yikes. It’s hard enough to find a vending machine that will take “golden dollar” coins, let alone to lug that thing around while you try and get a Sprite.
In theory. Most countries have laws about defacing, and/or specifically melting down currency for the very reasons that a coin can be worth more in raw materials than face value, coins have a cost of manufacture and circulation that isn’t usually included in their face value, and while currency remains stable in value even if the buying power fluctuates, metals can fluctuate in value greatly and thus on any given day the value of a coin vs it’s raw material value can favor one or the other more extremely- so it destabilizes currency to do so. While the feds may not knock down your door for doodling on a $1 type note- such a high profile coin and tons of gold being sold might draw attention. It’s doable of course- but risky and certainly not legal.
"Uh yeah, here's uh...a million dollar coin. Yeah, it's legit"