East India Company unveils 60 diamond encrusted gold coins - Queen's Jubilee.
Channel: Red Robot - Intelligent Distribution
Date: 2012-03-28

The East India Company, which began the system of global trading in gold in the 17th Century, on Wednesday (March 28) stepped fully back into the limelight by unveiling what are believed to be the most precious products created to celebrate Queen Elizabeth II's Diamond Jubilee this year.

The Company released sixty pure gold and sixty pure silver coin-shaped Kilos - one for each year of the Queen's reign. Each is encrusted with over 100 diamonds, all cut to the highest precision and every one set by hand.

Each gold Kilo will be on sale for £125,000 (approx US$200,000), each silver one for £25,000 (approx US$40,000). Their release is likely to spark interest from investors, collectors and monarchists from around the globe.