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One million dollar coin features a red diamond from Argyle

2016-07-13


Valued at $1million, the breathtaking collectable has been crafted from one kilogram of 99.99% pure gold, and features a radiant 0.54 carat red diamond unearthed from the famed outback mine in the East Kimberley region of Western Australia. The design of the coin portrays a circular pattern of stylised sunbeams surrounding a bounding red kangaroo holding the scarlet gemstone between its front paws. The original artistry is bordered by the inscriptions Australian Kangaroo, 2016 1 Kilo 9999 Gold, and features The Perth Mint’s traditional ‘P’ mintmark.  

The unique collectable also displays the renowned Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse, confirming its status as legal tender of Australia. Officiating at the launch event, the Premier said that the creation of this precious icon was a great example of two companies sharing a passion for quality craftsmanship and Western Australia’s rarest and most valuable resources.

“The Perth Mint and Rio Tinto’s Argyle Diamond Mine have both been at the hub of Western Australian industry for decades, so I am delighted to unveil a collector’s item which captures two of the most beautiful treasures of our State,” said Premier Barnett.

The Perth Mint became a select atelier of Argyle Pink Diamonds in 2008.  In 2012, the relationship between this prestigious pair strengthened with their shared vision to issue a range of luxury collectables. Since then, they have released several exclusive limited edition ingots and coins which feature symbolic designs of the Kimberley landscape. This latest achievement – the Kimberley Treasure coin – is the pinnacle of their collaboration.

“We are delighted to continue our relationship with Argyle Pink Diamonds to reveal this incredible object of desire,” said Perth Mint Chief Executive Officer, Richard Hayes. “I encourage Perth residents and visitors to come and see this magnificent coin in our retail shop on Hay Street, where it will be on display until late August,” Mr Hayes continued.