The Kimberley's Million Dollar Coin

Written on the 12 July 2016 by Lana Reed

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

Operating since 1983, the Argyle pink diamond mine is located in the East Kimberley region of the State and is the world's first and only ongoing source of natural coloured diamonds.

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.

The Kimberley Treasure coin will be on exhibit at The Perth Mint until late August.

Click HERE to see the Kimberley treasure.