World Coin News

One-of-A-Kind Coin Surpasses $1.2 Million At Auction

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The Ultimate, a one-of-a-kind one-kilo pure platinum coin, adorned with hundreds of pink diamonds from the famed Argyle mine, sold for $1,261,250.00 CAD (including Buyer’s Premium), after heated bids were exchanged during a live auction conducted by Heffel Fine Art Auction House (Heffel). This price surpasses pre-sale estimates of $700,000 to $900,000 CAD. This singular masterpiec­e of numismatic art was sold to an anonymous bidder on May 31, 2022 and set a new record for a coin offered at auction in Canada.

“The Ultimate is the highest expression of the innovation, skill and craftsmans­hip of the people who continue to make the Royal Canadian Mint a global leader in the art and science of coin manufactur­ing,” said Marie Lemay, President and CEO of the Royal Canadian Mint.

“It has been an incredible opportunit­y for Heffel to work with the Mint and help make history with the sale of The Ultimate,” said David Heffel, President of Heffel Fine Art Auction House. “This one-of-a-kind masterpiec­e is an artwork of the highest caliber, and it has been an honor to place it in an outstandin­g collection. We look forward to following its historic journey for decades to come.”

The Ultimate is the crowning showpiece of the Mint’s newly launched Opulence Collection. It is also the Mint’s first-ever onekilo 99.95% pure platinum coin. Polished to proof perfection, The Ultimate features a reverse design by Canadian artist Derek Wicks that brings the beauty of the cherry blossom to life on a 101.6mm canvas. A total of 462 Fancy Vivid and Fancy Intense pink diamonds (6.5 total carat weight) from the Argyle mine have been hand set into rose gold- plated, platinum cast jewelry pieces fashioned by

Beverly Hills Jewellers.

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