Coin set with 6.5-ts of Argyle Pinks Sells for a Record $1m

By John Jeffay / June 08, 2022 / www.idexonline.com / Article Link

(IDEX Online) - A huge 1kg platinum coin, set with 6.5-carats of Argyle pink diamonds, smashed estimates when it sold at auction for just over US$1m.The one-off creation is the highlight of the Royal Canadian Mint's Opulence Collection, featuring gems from the iconic Australian mine that closed in November 2020.The rose gold-plated, platinum coin, known as The Ultimate, was hand set with 462 fancy vivid and fancy intense Argyle pink diamonds.It was sold to an anonymous buyer for CA$1,261,250 (US$1,006,980) after heated bidding at Heffel Fine Art Auction House, setting a new record for a coin offered at auction in Canada. The high estimate was CA$900,000 (US$718,677).The Ultimate is the crowning glory of a 436-coin collection, crafted with a total of 46.7 carats of Argyle pinks.A limited edition of five Splendour 10oz platinum coins, featuring 64 pink diamonds (1.2 tcw) with a CA$253,999 price tag, has sold out, as have the 30 2oz platinum Grandeur coins, with 30 pink diamonds (0.34 tcw) which cost CA$54,999.There are also 400 gold coins for sale, weighing 1oz and each set with 0.06 tcw.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok