If the auction is for the benefit of one or more charities, it isn't being promoted as such!
I've gone through the Mint's site, Heffel's site and the full auction catalogue for the piece - none included a reference to a charity (from what I saw). Maybe such will be revealed later.
Of course, the auction could be purely for the benefit of the Mint!
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Back many years ago the RCM did a gold old style canoe dollar coin a one off for charity , This auction site is known for fine art, the fees and taxes will be amazing on this unit, almost sure it's for some charity, or I hope so.
Maybe so, but it does seem a bit odd that there is no mention of it in the coin's promotional materials. Previous "auction coins" of the R C M were heavily publicized. We'll know for sure soon!
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Quote: I've gone through the Mint's site, Heffel's site and the full auction catalogue for the piece - none included a reference to a charity (from what I saw).
From my reading there is no reference to a beneficiary of the proceeds of the sale. This would be front and center were it the case... This is just a business attempting to validate another sales channel for high value items. Heffel have estimated the item between $700K and $900K.
I would normally never wish this upon any coin, but I hope the new owner puts this one in a bezel mount.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer
As described by somebody else on whether it's Art or a Coin.... I think all those diamonds would be scraped off if it were put through a coin slot.
I also agree that this appears to be a cash grab by the Mint, and in turn, the Government. With no 'Charity' listed, the only benefactor I can see is the Mint itself.
Though I guess it's possible that this particular mine happened to produce a lot of this particular color. ...Apparently it's kind of the opposite: this color is mostly from this mine, which had since closed, but there were never all that many (...by the looks of it, a large fraction of the entire supply could have ended up in this item alone), so yeah, what a waste.
Incidentally, what are the non-diamond pink bits (e.g. the leaves) made of? The video doesn't say. Normally I'd expect rose gold, but I'm not sure if it would match. (Some googling suggests it's might be a thin layer of rose gold - over, presumably, platinum.)
To my mind not a numismatic item. Probably best described as unique bullion / jewelry.
I have quite an extensive a cut but unset gemstone collection, and I also have Pt bullion coins, but neither are associated with my coin collection. Also have an extensive library on the science of gemnology.
Australian at one time produced almost all of the World's pink diamonds,- from the Argyle deposit in Western Australia, but that mine has been worked out, no longer in operation, The presence of nitrogen in the crystal lattice was the reason for the pink color.
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Posted 05/04/2022 1:41 pm
