How Big Would a Coin Made of $1 Trillion Worth of Platinum Be?
• Wired.comSuch a coin would weigh 42,778,918 pounds — the equivalent of nearly seven Saturn V rockets — and occupy 31,947 cubic feet.
What would this coin look like?
If it had the same proportions as the U.S. dollar coin, we calculated it would be roughly 80 feet wide and 6 feet thick. Though not a very practical coin, it would have the benefit of being really difficult to steal. And you could see it from space.
But commodity money disappeared a long time ago, so let’s say the government decides to mint an actual trillion-dollar coin, and makes it out of pure platinum at the same size as the U.S. silver dollar; though the coin would be worth $1 trillion, the platinum itself would only be worth a bit more than $1,200.
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2 Comments in Response to How Big Would a Coin Made of $1 Trillion Worth of Platinum Be?
Essentially, what everyone is talking about is a platinum "token", not a coin that would have real value. It would not be "money". It would be today's equivalent of a "wooden nickel". http://en.wikipedia.org/wiki/Wooden_nickel
This is a great question. I was surprised that platinum is now valued at less than the equivalent amount of gold. Gone are the $11,000 an ounce bubble days. And a trillion is so hard to visualize.