From the LIV Golf Individual Championship ring to the newly unveiled custom gold coin, the Saudi-backed circuit's luxurious and unique golf prizes have made headlines. The breakaway golf league awarded its individual champion a custom-made gold ring, and now, it has introduced a custom-made gold coin that will be awarded to a player this week.The 2024 season of LIV Golf concluded in September. Jon Rahm won the LIV Golf Individual Championship and was awarded the custom ring. This week, golfers from various series have been competing at the LIV Golf Promotions event. The winner of the event will earn a spot in the Saudi league for the 2025 season, along with the gold coin and a prize of approximately $200,000.The gold coin, designed by renowned jeweler Ben Baller, features the LIV Golf logo on one side and "2025" engraved on the other. LIV Golf recently unveiled the coin on Instagram, writing:"Golf and gold coins 😮‍💨 One player will earn @benballer’s custom coin this week 🤝" View this post on Instagram Instagram PostNotably, last year, players also received a gold coin for their outstanding performance at the LIV Golf Promotions event. View this post on Instagram Instagram PostA look at the 2024 LIV Golf Promotions leaderboard after Day 1The LIV Golf Promotions is a four-round tournament. After the first round, only the top 20 players and ties advance to the second round, with scores resetting. After the second round, the top 20 players qualify for the third round, with scores again being reset. The final two rounds are held on the last day of the event.The first round of the LIV Golf Promotions took place on Thursday, December 12, and the second round is currently underway on Friday, December 13. Jeunghun Wang led the way after the first round, finishing with a score of 7-under.Here is the list of players who made it through the first cut (Thursday round) of the LIV Golf Promotions:1 Jeunghun Wang -7T2 Max Rottluff -6T2 Taichi Kho -6T2 Kazuki Higa -6T2 Ian Snyman -6T2 Bo Hoag -6T7 Jose Islas -5T7 Brett Rankin -5T7 Mark Power -5T7 Borja Virto -5T7 Luis Masaveu -5T7 Stefano Mazzoli -5T7 Junghwan Lee -5T7 Gunn Charoenkul -5T7 Fred Biondi -5T16 Ross McGowan -4T16 David Horsey -4T16 Gaganjeet Bhullar -4T16 Chase Hanna -4T16 Luis Carrera -4T16 Ollie Schniederjans -4With the second round of the event underway, Branden Grace is leading the leaderboard at the time of writing, at 6-under. He recorded seven birdies and one bogey in the second round to top the leaderboard. Daihan Lee, Gunn Charoenkul, Kieran Vincent, Scott Vincent, Ben Campbell, J. Ham, and D. Horsey are tied for second place.