Argyle Red Diamond Coin Sold

The $1 million coin was sold within 48 hours of its unveiling

The Perth Mint’s Kimberley Treasure, a specially designed coin featuring a 0.54 ct. Argyle red diamond, was sold within 48 hours of its unveiling.

The $1 million coin, which is legal Australian tender, was crafted from 1 kilogram of 99.99 percent fine gold.  

Tiara Gems and Jewellery, a Dubai, United Arab Emirates–based company specializing in rare and important diamonds and heirloom pieces, was listed as the buyer. No purchase price was given.

(Photo courtesy of Rio Tinto)

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