The Kimberley Treasure

whinfell

whinfell

Well-Known Member
Silver Stacker
Valued at $1 million - group buy? :P

Australian outback riches come together in a spectacular coin masterpiece

The world's first coin featuring a significant red diamond from Rio Tinto's iconic Argyle Pink Diamond Mine was unveiled at The Perth Mint today.

Crafted from 1 kilo of 99.99% pure gold, the one-of-a-kind Kimberley Treasure coin features a bounding 'red kangaroo' and a radiant 0.54 carat red diamond. Selected for the Argyle Pink Diamond Tender, the most exclusive diamond sale in the world, the specially cut gemstone is hand set between the animal's front paws.
Click to expand...

http://blog.perthmint.com.au/2016/0...e-together-in-a-spectacular-coin-masterpiece/
 
Good grief! I saw that and was like, whoa. Who the HECK would be able to afford a $1 mil coin? Imagine the insurance premium to keep it in a safe.
 
Would coins like this keep its premium, more importantly will it go up.

In my eyes, unless it was valued as an work of art which I can't see how you will get the premium back?

What would be the value of the diamond be?
 
Ipv6Ready said:
Would coins like this keep its premium, more importantly will it go up.

In my eyes, unless it was valued as an work of art which I can't see how you will get the premium back?

What would be the value of the diamond be?
Click to expand...
according to perth mint about $930k

I expect this to be mounted and on a rappers neck soon enough for a music video
 
Quite an attractive coin.
I have never owned (and never expect to) a kilo gold coin but what jumps out at me is how easily $55000 can sit in the palm of your hand.
 
You must log in or register to reply here.
Back
Top