Perth Mint unveils Australia’s most valuable coin

The Discovery Coin, worth $2.48 million.
The Discovery Coin, worth $2.48 million.

THE Perth Mint has unveiled Australia’s most valuable coin, the ‘Discovery’.

Valued at $2.48 million, the coin weighs in at 2kg and was inspired by the holey dollar, which was introduced as Australia’s first official currency in 1814.

The Discovery is made of 99.99 per cent pure gold and features four rare Argyle pink and purplish-pink diamonds – the largest is 1.02 carat.

The coin features a sailing ship and diggers in a rowboat, a prospector panning for gold as well as boab trees and kangaroos.

The coin will be on display at The Perth Mint’s Hay Street retail store until Friday September 28, unless sold earlier.

“I’m pleased to unveil this magnificent coin and I congratulate The Perth Mint on this momentous day,” Mines and Petroleum Minister Bill Johnston said.

“The Discovery coin showcases our country’s prized treasures, and the talents of our craftsmen and women who have transformed them to create this collectors’ item.

“The Perth Mint continues to showcase the wealth of resources found in Western Australia by launching exceptional creations such as Discovery.”