Rio Tinto announced today that the Company, in association with The Perth Mint, has created a A$1.8 million one-of-a-kind coin collection featuring three coloured diamonds from the Argyle Diamond Mine. The collection was unveiled by the Premier of Western Australia, the Honourable Mark McGowan MLA.
The Australian Trilogy 2017 Collection is a unique set with a mintage of one, and has been issued as legal tender under the Australian Currency Act 1965, Rio Tinto said. It comprises three precious metal coins each hand crafted with a pink, purple pink and violet diamond unearthed from Rio Tinto’s Argyle Diamond Mine in the east Kimberley region of Western Australia.
According to the mint, “The convergence of precious metals and the rarest pink and violet diamonds in this prestigious release are a tribute to Western Australia’s unique heritage and the crafting of these treasures by The Perth Mint and Argyle Pink Diamonds”.
The coins depict some of Australia’s most beloved fauna, the kookaburra, kangaroo and koala, the mint states on its site, adding that they have been crafted in The Mint’s most precious of metals – gold, platinum and rose gold, as three spectacular one kilo Australian legal tender coins.
A managing director with Rio Tinto’s copper and diamonds business, Andrew Kite said “We are delighted to collaborate with our Select Atelier™, The Perth Mint and our Authorised Partner™, John Glajz, on the exclusive release of this distinctive investment piece. It is a beautiful symbol of the unique treasures of Western Australia and the extraordinary provenance of Australian diamonds and precious metals.”
Rio Tinto’s Argyle Diamond Mine produces virtually the world’s entire supply of rare pink diamonds, and yet less than 0.1 per cent of the diamonds produced by the Argyle mine are pink.
News Source: gjepc.com