Arts & Entertainment

World's Largest Gold Cube Appears In Central Park

A 410-pound gold cube was unveiled in Central Park Wednesday. Why? Cryptocurrency.

An image of the 410-pound pure gold cube in Central Park on Wednesday.
An image of the 410-pound pure gold cube in Central Park on Wednesday. (Photo Credit: Sandra Mika/HoGA Capital AG)

CENTRAL PARK, NY — The largest ever single piece of gold, cryptocurrency, secret coordinates, and Central Park all came together on Wednesday to create a truly unique display in the middle of Manhattan, photos and publicity documents show.

Passing joggers must have been slightly puzzled as the 410-pound cube — made of pure, 24-carat, 999.9 fine gold — was presented for a few hours to a small crowd at the Naumburg Bandshell, near the Bethesda Terrace, in Central Park.

Based on the current price of gold, the cube is worth around $11.7 million, according to Artnet News.

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The cube's creator, German-born Niclas Castello, took more than 4,500 hours of work to create the piece in the legendary art foundry H. Ruetschi in Aarau, Switzerland, according to a news release from his team.

Niclas Castello stands with his gold cube. (Photo Credit: Sandra Mika/HoGA Capital AG)

Castello, who billed the gold cube as "a bridge between the traditional and virtual world," is using the piece of art to promote a new cryptocurrency — aptly named — "Castello Coin."

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Castello Coin is currently being traded as $CAST for the initial price of 44 cents each, and will also have an accompanying NFT (non-fungible token) auction on Feb. 21.

The cube, which had its own security detail, was only on display until the end of Wednesday.

In the days leading up to the presentation, screens and vans in Times Square had been showing coordinates for the spot in Central Park to hint at the upcoming gold cube display.

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