The Perth Mint in Australia was opened June 20th 1899. It is the official bullion mint and is owned by the Government of Western Australia. Since it opened, this enormous facility has produced the finest in precious metal bars and coins. They supply premium gold, silver and platinum products to investors and collectors throughout the world. In October 2011 the mint created the world's largest and heaviest gold coin. The Canadian Mint held the previous record. This coin weighing over 2200 pounds (now that's a ton of gold!) has a legal tender face value of $1 million, and at the time it was minted it was valued at over $53 million.