A Stunning Aussie Gold Coin Goes to Meet Ultra‑Rich Demand
In a dazzling move that’s sure to make collectors’ heads spin, the Perth Mint has unveiled a two‑kilogram gold coin studded with rare pink diamonds—a precious blast worth about A$2.48 million (S$2.45 million). It’s the most valuable coin ever produced in Australia and is currently on the market for the highest bidder.
What Makes This Coin a Real Show‑Stopper
- Design – The coin features an illustration of a sailing ship, a gold prospector, and iconic boab trees that huddle on Western Australia’s coast.
- Materials – 2 kg of pure gold houses four glittering pink diamonds mined at the famous Argyle mine in the Kimberley region.
- Diamond Highlights – One diamond shines bright at 1.02 carats, cut in an emerald shape that’ll make any jeweler blush.
- Legal Tender – Though it’s pocket‑sized in weight, the coin is officially recognized as money and will be traded on the open market.
Why the Pink Diamonds Are Worth Their Weight in Gold
Pink and red diamonds are often quoted as worth roughly 50 times more than their white counterparts. The Argyle mine alone produces around 650 of these elusive stones each year, which can fetch US$1‑2 million per carat on the global stage. Richard Hayes, chief executive of the Perth Mint, notes that the entire yearly production of pink diamonds could literally fit in the palm of a hand.
Going Global: Who Might Grab the Treasure?
While the coin is being auctioned, the Mint expects the final winner to come from either Asia or the Middle East—regions where ultra‑rich collectors love to chase the next big luxury icon.
Discerning Tradition Meets Modern Luxury
The new coin, dubbed “Discovery”, pays homage to one of Australia’s first coins, the “Holey Dollar.” Back in 2013, an exclusive collector paid A$495,000 for a similar artifact. Today, the Shanghai coloured jewels of this coin are setting a new benchmark for Australian high‑end collectibles.
