2018 10 oz Proof Phoenix Jewelled Gold coin
$122,500.00
2018 10 oz Proof Phoenix Jewelled Gold coin
The world’s first pavé set Argyle pink diamond coin program has sold out at The Perth Mint within six weeks of being unveiled by the Western Australian purveyor of precious metals at the prestigious World Money Fair in Berlin.
The Jewelled Phoenix was created in response to heightened market demand for exclusive collectables with a particular interest shown for luxury items portraying oriental design themes.
Collaborating with an Argyle Pink Diamonds Authorised Partner, the Mint crafted its innovative sell out by uniting a breathtaking combination of precious metals with a three dimensional diamond studded element which appears to float above the coin’s table.
Description
2018 10 oz Proof Phoenix Jewelled Gold coin
This remarkable release is struck from 10oz of 99.99% pure gold and adorned with a delicately sculptured 18ct rose gold Chinese phoenix hand set with 89 natural fancy coloured pink diamonds totalling 1.22ct from Rio Tinto’s famed Argyle Diamond Mine.
The majesty of The Jewelled Phoenix superbly showcases Western Australian gold and diamonds, and symbolises the virtues of this revered immortal king of birds.
“This extremely limited release has been embraced by collectors with an ardent appreciation of fine craftsmanship and rare pink diamonds as one of Australia’s numismatic masterpieces,” said Mr Hayes.
With a combined retail value of AUD 1.5 million, the eight limited edition Jewelled Phoenix coins now reside with new owners across Australia, in Europe and Asia.
Discover the world of Argyle Pink Diamonds today.
Each coin measures 60.6mm (2.39 inches) in diameter and contains more than 10 troy ounces of 99.99 fineness yellow gold and .45 troy ounces of 18-karat rose gold. The extraordinary three-dimensional rendering of the phoenix brings the thickness of the coin to 12.8mm (0.5 inches).
The phoenix is a mystical bird associated with ancient Greek and Asian cultures. The mystical Chinese phoenix is a symbol of happiness and prosperity.
The paulownia tree also has a special place in Chinese culture. An old custom was to plant a paulownia tree (also known as the “princess or empress tree”) when a girl was born. The fast-growing tree matured quickly, so when the girl was ready to marry, the tree was cut down and carved into wooden articles for her dowry.
Legend also states that the phoenix will land only on the empress tree — and only when a good ruler is in power. The mintage of eight coins is also significant, because the number eight is considered extremely lucky in Chinese culture.
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