This was the final prize in the Amarr Championship in 2003, where the pilot Ecliptical fought off four other champions to win this singular rare ship.
On April 24th 2004, the then owner of the first ship, Tyrrax Thorrk, saw it destroyed in battle by pirates from the M0o corporation. It was therefore not to be seen again in EVE for many years.
CCP planned to give 2 Gold Magnates as prize in a Somer Blink lottery in 2013, but after receiving criticism, they were changed to Stratios Emergency Responder.
Twelve years after the first Amarr Championship however, a total of four Golden Magnates were given to the new champions of Amarr. This was the Tash-Murkon family team, captained by Kelon Darklight. One went on sale in 2016, but apparently bids of 1.5 trillion ISK were not enough.