Struck by The Perth Mint in the shape of a bar, this new rectangular dragon bullion coin is issued as an Australian legal tender with a face value of 1 Australian dollar and is backed as a sovereign coin by the Australian Government.

Made from 1 ounce of 99.99% pure silver, this release taps into surging interest in Asian-style design themes exemplified by the Mint’s highly successful Australian Lunar coin program.

The Reverse depicts a magnificent Chinese dragon completely filling out the entire rectangular coin, along with the mint mark “P” (Perth).

The obverse features a new design by Jody Clark featuring Her Majesty The Queen of England as the latest portrait of the Queen, and one out of four (of a total of five) different designs of Her Majesty in circulation today.

To convey the significance of Chinese lore and legend, the designs visualize an Oriental dragon, a mythical creature revered for its benevolence. Its serpentine figure is believed to have the mysterious capacity to concede individuals their desires.

Each coin is struck with precise attention to detail for which The Perth Mint is internationally renowned. Adding to their exclusivity, rectangular Dragon bullion coins are subject to strict annual mintage restrictions with no more than 500,000 minted (2018), 250,000 (2019 & 2020) and 250,000 units for 2021.