Australia has two mints, the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint, which are both very active in the bullion coinage space; coins issued by them are legal tender.
Additionally, there are private issuers of bullion which is not legal tender and is targeted at investors and not at coin collectors - such as this one.
The Mint says about this product: Two Western Australian icons, Argyle Pink Diamonds and The Perth Mint unite to present this exclusive creation, featuring: 91.67% pink gold and 0.13 Carats Argyle pink diamonds.
The wonders found in Western Australia’s north are celebrated in this ingot masterfully crafted from pink gold. Magnificent Lake Argyle, known as the "jewel of the Kimberley", is showcased in the limited edition design which features stunning diamonds from the nearby Argyle mine in an exclusive celebration of the lake’s unique beauty
Featuring eight Argyle Pink Diamonds handset within original artistry, the ingot has been created through a collaboration between The Perth Mint and Argyle Pink Diamonds. Each ingot is individually handset with Argyle Pink Diamonds that range from Fancy Light Pink to Fancy Purplish Pink. Every ingot is unique! |