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Perth Mint: Million Dollar Kimberley Coin Sold in Record Time

Following the launch of the world-exclusive Kimberley Treasure coin, the Perth Mint has sold the spectacular masterpiece to an international buyer within just 48 hours of its release.

Crafted from one kilogram of 99.99% pure gold and featuring a radiant 0.54 carat red diamond from the famed Argyle Diamond Mine in the East Kimberley region of Western Australia, the Kimberley Treasure coin is a one-of-a-kind collector’s item and valuable investment.

The new owner of the coveted piece is Ashish Vijay Jain, Chairman of Tiara Gems and Jewellery DMCC, a company which specialises in rare coloured diamonds, unique collectables and heirloom pieces of fine jewellery.

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Perth Mint Chief Executive Officer Richard Hayes with the Kimberley Treasure coin

“With an appreciation for Western Australia and its rare treasures, we are honoured to bring this prestigious collectable to Dubai, the luxury hub of the Middle East,” said Mr Jain.

“At Tiara Gems we believe in the collection of extravagant items and endeavour to acquire many rare and exclusive pieces from around the world, such as the Kimberley Treasure coin,” he added.

Perth Mint Chief Executive Officer Richard Hayes said he was delighted that the Kimberley Treasure coin had attracted so much interest from collectors and investors, with several interested parties vying for the privilege to own such as unique treasure.

“This is a testament to the coin’s status as an object of desire and it has certainly found an ideal home in Dubai,” he added.

The Kimberley Treasure coin will be on display in The Perth Mint Shop, 310 Hay Street, East Perth, until Sunday 14 August.

Perth Mint
Perth Minthttps://www.perthmint.com/
The Perth Mint is Australia’s largest and most highly accredited precious metals enterprise. Through its integrated operations and trusted products and services, it develops markets and creates demand for Australian precious metals the world over. Operating the largest refinery and the only facility in Australia accredited for gold and silver by the London Bullion Market Association, the Mint holds endorsements by commodity trading centres in London, New York, Tokyo, Shanghai and Dubai. The Perth Mint exports in excess of USD14 billion worth of bullion bars and coins to institutional and private investors in more than 130 countries each year and issues an array of legal tender commemoratives for collectors. Offering the world’s only government guaranteed precious metals investment and storage program, the Mint also manages approximately USD3 billion worth of metal held on behalf of some 40,000 clients. Still operating in its original premises, founded in 1899, The Perth Mint is also a premier tourist destination and home to the Guinness Book of Records certified largest coin in the world – the Australian Kangaroo One Tonne Gold Coin, worth more than USD 40 million.

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