Rio Tinto diamond encrusted coins valued at $1.8 million for sale in Australia

A $1.8 million coin trilogy boasting coloured diamonds found at Rio Tinto’s Argyle mine has been unveiled at the Perth Mint with international buyers already showing interest in the unique collection.

The Australian Trilogy is comprised of three one-kilogram coins struck from gold, platinum and rose gold, with each featuring a different native animal.

Each of the precious metals coins has either a pink, purple-pink or violet diamond, which were unearthed at Rio Tinto’s Argyle mine.Each of them has either a pink, purple-pink or violet diamond, which were unearthed at Rio Tinto’s (ASX:RIO) Argyle...

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The $1 Australian coin worth thousands. See why here. Check your change.

The $1 mule coin, left, with a normal $1 coin image

Spare change check time.

A rare $1 coin with a distinctive “double rim”, the result of a printing error at the Mint back in 2000, is today worth an actual mint to collectors.

According to the Australian Coin Collecting Blog, the so-called “$1/10c mule” coin could be worth anywhere from $1000 to nearly $3000.

“Check the date,” the ACCB writes. “It needs to be a year 2000-dated $1 coin. Then you need to look closely at the circular rim of the coin — is it thicker than usual on the Queen side, appearing doubled?

“If you think that’s the case then you might have a coin worth $1000 maybe more. The value of your rare coin will now depend on the condition. After spending 17 years in circulation, some coins are more valuable than others.”

As the blog explains, the mule was...

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british-penny-black-postage-stamp image

Great Britain issued the world’s first postage stamp on May 1, 1840. The famous stamp is known as the ‘Penny Black’. Reforms proposed by Postmaster General Rowland Hill and accepted by Parliament in 1839 culminated in this issue, which revolutionized postal services worldwide. Prior to its issue, there existed no systematic method of prepaying postage based on weight or destination. The reforms of 1839 included the following:

1. Mail could be sent anywhere in the U.K. for one penny per half-ounce.

2. Postage would be prepaid by the sender.

3. Proof of prepayment would be evidenced by a small piece of gummed, colored paper affixed to the letter—in other words, a postage stamp!

The British public accepted the reforms with tremendous enthusiasm, and use of the mails soared...

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Million-dollar Australian coin unveiled by Perth Mint


Premier Colin Barnett today unveiled the world’s first coin to feature a significant red diamond from Rio Tinto’s Argyle pink diamond mine.

The exclusive $1 million Kimberley Treasure coin was struck by The Perth Mint from one kilogram of 99.99 per cent pure gold, and features an image of a red kangaroo holding a radiant 0.54 carat red gemstone between its front paws.

The unique collectable also displays the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse, confirming its status as legal tender of Australia.

Mr Barnett said the creation of the precious icon was a great example of two companies sharing a passion for quality craftsmanship and Western Australia’s rarest and most valued resources.


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INFOGRAPHIC: Making cents of rare coins

Rare coins can play a role in an investor’s portfolio as an alternative asset.

Rare coins can hold their value quite well over time, while remaining small and portable as physical assets. A rare coin can also sell for many multiples of the metal contained within, and this additional premium is known as its numismatic value.

The caveat to rare coins is that the market is often illiquid, specialized, and partially arbitrary. Just like collecting fine art or other unique assets such as colored diamonds, it is not typically a game for amateurs. Coins can be misrepresented or over-graded by dealers and it is important to be armed with knowledge and experience in any given transaction.

The following infographic from Express Vending gives an introduction to rare coins, including the stories beh...

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The multimillion-dollar business of Australian stamp collecting

The Arthur Gray Collection of King George V stamps image www.collectibles-au (1)

The Arthur Gray Collection of King George V stamps.

The Arthur Gray collection of King George V stamps is the most extensive and most valuable of its kind, suggests Gary Watson, Mossgreen’s head of philately and numismatics.

“It’s better than what’s in the Queen’s Royal Collection,” he says.

Watson’s prediction is that, when the Gray collection is sold on October 30 in Melbourne, this will be biggest stamp sale ever held in Australia.

The Arthur Gray Collection of King George V stamps image www.collectibles-au (2)

In February 2007, he sold his massive Kangaroo collection through Shreves auction house in New York. The 849 lots achieved a total of A$7.158 million, setting numerous world records including the highest total ever achieved for a single stamp issue. This record still stands.

Watson expects the KGV collection to sell for a little less...

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Divers find ‘priceless’ hoard of Arab gold coins off the coast of Israel

Divers find ‘priceless’ hoard of Arab gold coins

Over 2,000 gold coins have been found off the north-central coast of Israel, which are believed to be part of the largest gold hoard ever found in the eastern Mediterranean.

According to Israel Antiquities Authority (IAA), the sunken treasure —handed to them by the lucky team of divers— includes coins of various denominations and sizes from the period of the Fatimid Caliphate, the Muslim dynasty that ruled in much of North Africa and the Middle East from 909 to 1171.

Many of the coins were bent and exhibited bite marks, which suggests they were once closely examined by their owners or by merchants, experts say.

The find was made by accident early this month, when a team of six sport divers spotted what they initially thought were a few toy coins on one of the Caesarea National Park...

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Named after its engraver, Robert Birch, the so-called “Birch Cent” was among the first pennies struck for the United States, part of a series of prototype coins. Only 10 are believed to exist and collector Kevin Lipton said the coin he purchased is in the best condition of those 10.

“I felt elated, just wonderful,” Lipton, 55, of Lipton Rare Coins Inc said Monday of his winning bid made last Thursday at the Heritage Auctions sale in Orlando, Florida. “I thought the coin would bring more money. This was a really good buy.”

One side of the Birch Cent features the profile of Lady Liberty with flowing hair and the motto “Liberty Parent of Science and Industry.” The other side says “United States of America” and gives the denomination “One Cent” within a wreath.

“It’s a gorgeous ...

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This site is under construction and will have items on a collectible nature either Australian or found in Australia or of interest to Australian collectors


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Henry Sapiecha

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