1/2 cup milk (room temperature)
1 cup butter softened
2 cups sugar
500 gr (appr. 6 cups) all- purpose flour
4-5 tsp baking powder
orange juice from 2 oranges (appr. 1/2 glass)
2 tsps vanilla extract
1 finely chopped apple
1/2 cup Cognac (Metaxa) or Brandy
1 1/2 tbs orange zest
1 cup chopped walnuts
1 cinnamon stick
Marinate from the night before in a bowl the cognac, the orange zest, the orange juice, the walnuts, the apple and 1 cinnamon stick.
The next day, in a large bowl blend (beat) the sugar with butter until it becomes fluffy white. Then add the eggs one by one. Add slowly the marinated mixture (after removing the cinnamon stick) and the flour sifted together with the baking powder, the vanilla extract and gradually the milk. Beat for another 2-3 minutes. Pour the batter into a greased and flour sprinkled round pan. Bake in pre-heated oven (325 degrees F or 165 degrees C) for about 70 minutes or until done. After it's baked place the coin (that you have previously wrapped in foil) anywhere you choose in a vertical position and a litle deep. Then flip the pie/cake upside down on a platter (do that with the help of the platter) and after it has cooled down sprinkle it with powdered sugar. Your vasilopita is ready!
P.S. Placing the coin in the batter before it's baked will result in the coin sinking to the bottom (wich will be later the top) and showing!