Jewelled Snake handcrafted for excellence

Mar 23, 2023

The Perth Mint is delighted to present The Jewelled Snake, an exceptional collectable showcasing rare and spectacular treasures from two West Australian icons – Argyle Pink Diamonds™ and The Perth Mint.

With only eight of these limited-edition masterpieces available, The Jewelled Snake coins are expected to be purchased quickly by avid collectors.

Launched today as part of The Perth Mint’s Masterpieces series, The Jewelled Snake is the sixth release from its exclusive range of diamond-studded coins, following on from the Jewelled Phoenix, Dragon, Tiger, Horse and Koi coins.

Hand-set rare Argyle Pink Diamonds™ and illustrious white diamonds form the scales of the striking three-dimensional 18-carat gold snake, highlighting the expert craftsmanship, care and precision required to create the coin.

The Perth Mint General Manager of Minted Products, Neil Vance, expects that as with previous coins of the Masterpieces series, The Jewelled Snake will also be in strong demand with the continued allure of gold minted products – which saw record sales in 2022 – showing no signs of slowing.

“We have been operating for 124 years and it is our constant commitment to craftmanship, innovative features, new finishes, quality packaging and limited mintages that makes our products highly sought after by numismatic connoisseurs year after year."

“The Perth Mint takes enormous pride in presenting magnificent masterpieces to the global luxury market and The Jewelled Snake is no exception. We are dedicated to creating unique, collectable art into the future”

— Neil Vance, General Manager Minted Products

With the rarity of Argyle Pink Diamonds™ continuing to appeal to investors and collectors alike following the closure of Rio Tinto’s Argyle Diamond Mine in 2020, The Perth Mint’s Jewelled Series has become a signature collection that continues to intrigue and delight numismatic aficionados around the world.

"It’s a large undertaking to design and craft these intricate coins but the results are outstanding, and we have no doubt that collectors will be impressed by The Jewelled Snake’s design,” Mr Vance said.

“Each Jewelled Snake coin is struck from 10oz 99.99 per cent pure gold, with the hero piece an 18-carat rose and yellow gold snake coiled around a tree branch. The snake’s body is embellished with 175 hand set rare Argyle Pink Diamonds™ and 111 white diamonds, with two emeralds for its eyes - it truly is a striking piece.”

The Jewelled Series is developed each year in association with John Glajz, a Singapore based Argyle Pink Diamonds Icon Partner™ and regional ambassador for the Natural Color Diamond Association.

Sean Rogers led The Perth Mint’s Jewelled Snake design team and said it was an honour to be involved in such a challenging and rewarding collaboration.

“With this series we continuously challenged what is thought possible for numismatic creation. Here, we used hundreds of diamonds and gemstones to create the intricately sculpted snake.

“The finished piece is transfixing and an extraordinary tribute to a creature that’s achieved amazing significance in human culture”

— Sean Rogers, Coin Designer

Each Jewelled Snake coin is presented in a luxurious display case featuring two 18-carat gold plates inset with two Argyle Pink Diamonds™. The coin bears The Queen Elizabeth II Memorial Obverse, featuring the Jody Clark effigy supplemented with the dates of her reign, weight and fineness, 2023 year-date and monetary denomination.

Priced at AUD 289,000 (incl GST), The Jewelled Snake coin is available for purchase in store and online. Find out more by visiting Perthmint.com/JewelledSnake, phoning (+61 8) 9479 9936 or emailing masterpieces@perthmint.com.

Discover The Jewelled Snake on YouTube, view The Perth Mint’s entire range of precious metals products at perthmint.com, or connect via Facebook, LinkedIn, Twitter and Instagram.

Fact file: The Perth Mint’s Jewelled Range
  • The first instalment of the jewelled limited-edition showcase range launched in January
    2018 with The Jewelled Phoenix.
  • The Jewelled Phoenix, priced at AUD 188,000 each, sold out in six weeks.
  •  Buoyed by the success of The Jewelled Phoenix, The Perth Mint followed up with the
    limited-edition release of The Jewelled Dragon (AUD 179,000.00) in 2019, The
    Jewelled Tiger (AUD 259,000.00) in 2020, The Jewelled Horse (AUD 279,000) in 2021
    and The Jewelled Koi (AUD 262,800.00) in 2022.
  • Most of the buying interest has come from coin collectors and luxury product
    customers in Australia and Singapore. A number of coins have also been sold to
    Europe and the US.

Fact file: Argyle Pink Diamonds™
  • The world-famous Argyle Pink Diamonds™ were discovered in 1979 and then mined
    for 37 years from the Argyle Diamond Mine in Western Australia’s east Kimberley
    region.
  • The Argyle Diamond Mine has produced virtually the world’s entire supply of rare pink
    diamonds.
  •  Following the completion of mining at the Argyle Diamond Mine in November 2020, Rio
    Tinto has retained and manages the Argyle Pink Diamonds™ brand within its portfolio
    of diamonds assets, continuing to support market development activities around the
    world.

ENDS

Samia O'Keefe
Manager, Corporate Communications