(Press Release)
Rio Tinto has announced the sale of The Perth Mint’s Kimberley Treasure, the world’s first coin to feature a rare red diamond from its Argyle Diamond Mine in the east Kimberley region of Western Australia.
Valued at $1 million, the Kimberley Treasure – which is crafted from one kilogram of 99.99 percent fine gold and features a radiant cut 0.54 carat Argyle red diamond – sold within 48 hours of its unveiling.
The Perth Mint has worked in collaboration with John Glajz, an authorized partner of Argyle Pink Diamonds, to create a number of special gold and pink diamond ingots and coins during the past five years.
Simon Trott, managing director of Rio Tinto Diamonds says, “We are delighted with the sale of the Mint’s Kimberley Treasure. We have seen and continue to see strong demand from this high end of the luxury market. The coveted Kimberley Treasure speaks the language of exclusivity, desirability and collectability.”
The new owner of the collectible is Tiara Gems and Jewellery, a Dubai-based company specializing in rare and important fancy color diamonds, unique collectibles and heirloom pieces of jewelry.
Advertisement
Ashish Vijay Jain, founder and chairman of Tiara Gems and Jewellery, says, “We are excited and privileged to add the Kimberley Treasure to our international collection of one-of-a-kind pieces.”
The Kimberley Treasure will be exhibited at the Perth Mint until Aug. 14.
Ready to Relocate? Wilkerson Makes Your Move Seamless
When Brockhaus Jewelry decided to leave their longtime West Main Street storefront for a standalone building elsewhere in Norman, Oklahoma, owners John Brockhaus and Brad Shipman faced a familiar challenge: how to efficiently reduce inventory before the big move. Their solution? Partnering with liquidation specialists Wilkerson for a second time.
"We'd already experienced Wilkerson's professionalism during a previous sale," Shipman recalls. "But their approach to our relocation event truly impressed us. They strategically prioritized our existing pieces while tactfully introducing complementary merchandise as inventory levels decreased." The carefully orchestrated sale didn't just meet targets—it shattered them.
Asked if they'd endorse Wilkerson to industry colleagues planning similar transitions—whether relocating, retiring, or refreshing their space—both partners were emphatic in their approval. "The entire process was remarkably straightforward," Shipman notes. "Wilkerson delivered a well-structured program, paired us with a knowledgeable advisor, and managed every detail flawlessly from concept to completion."
