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Six-pound Sochi Olympic gold coin sold for $232,000

Sochi rings

The Olympic rings are seen in front of the airport of Sochi, the host city for the Sochi 2014 Winter Olympics April 22, 2013. A group leading an Islamist insurgency against Russia said on Sunday it was not at war with the United States, distancing itself from last week’s Boston Marathon bombing. Insurgent violence, rooted in two separatist wars between Russian troops and Chechen separatists following the fall of the Soviet Union, occurs regularly across the North Caucasus near Sochi, where Moscow plans to hold the 2014 Winter Olympics. REUTERS/Alexander Demianchuk (RUSSIA - Tags: TRANSPORT CRIME LAW CIVIL UNREST POLITICS OLYMPICS)

REUTERS

An unnamed person spent $232,000 on a gold coin with a monetary value of $785 on Friday.

But this isn’t any gold coin. It’s a whopping 6.6-pound coin with Sochi Olympic designs on it. It is the heaviest and most expensive coin out of a commemorative series of Sochi Olympic coins, according to RIA Novosti.

Earlier this week, the Russian Central Bank announced it will issue a commemorative coin for the Sochi Olympic torch relay on Oct. 30 in a currently unused denomination of 25 rubles (or $0.78), according to R-Sport.

Sochi torch relay begins North Pole trip

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