Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin.

Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in the east Kimberley region of Western Australia.

Perth Mint chief executive officer Richard Hayes said “Inspired by ancient Chinese legend, the fine detail and artistry of The Jewelled Phoenix has taken our craftsmanship to the next level.”

Revered as the immortal king of birds and embodying the values of virtue, compassion and trust, the phoenix is a symbol of happiness and prosperity. Only eight Jewelled Phoenix coins, a number considered extremely lucky in Chinese culture, will ever be released.

Rio Tinto Diamonds global marketing director Josephine Johnson said “Our Select AtelierTM , The Perth Mint, and our Authorised Partner™, John Glajz, have created a unique and precious coin that is sure to command the attention of collectors the world over.”

The Jewelled Phoenix will be showcased at the prestigious 47^th  World Money Fair in Berlin from February 2-4, 2018.