Germany goes for gold with ‘Europe’s most expensive’ Christmas tree

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Gold dealer creates Europe’s most expensive Christmas tree
WATCH ABOVE: Gold dealer creates Europe's most expensive Christmas tree – Dec 3, 2018

Its makers are calling it Europe’s most expensive Christmas tree. Munich gold dealer Pro Aurum has constructed a festive showstopper out of 2,018 gold coins topped with a glittering golden star, which the firm says is worth 2.3 million euros.

They may look like the foil-wrapped chocolate coins many children will find in their Christmas stocking, but these are the real deal: solid gold one-ounce Vienna Philharmonic coins on an acrylic stand, topped with a giant 20-ounce coin. That adds up to 63 kilograms of pure gold, a Pro Aurum spokesman told Reuters.

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Made in cooperation with the Austrian Mint, the three-metre high tree took over an hour to assemble and will be on display at Pro Aurum’s Munich goldhouse until December 15.

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But it’s not quite as valuable as it could have been: the dealer’s spokesman said the gold rate has tumbled in the second half of 2018.

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