Perth Mint Dragon 1oz Silver Rectangular Bullion Coin Bar
Coin/Bullion (Rectangular Bullion Coin) · The Perth Mint, Australia; a world-renowned government-owned mint founded in 1899, known for exceptionally high purity and legal tender bullion.
Pattern: Australian Dragon Series, annual rectangular coin release.
Type
Coin/Bullion (Rectangular Bullion Coin)
Maker
The Perth Mint, Australia; a world-renowned government-owned mint founded in 1899, known for exceptionally high purity and legal tender bullion.
Material
0.9999 Fine Silver (99.99% pure silver); no base metals; 1 troy ounce of silver per unit.
Dimensions
Dimensions: ~47.6mm x 27.6mm; Weight: 31.107 grams (1 troy ounce). Thickness is approximately 3.57mm.
Description
A striking hybrid between a bullion bar and a legal tender coin, this piece features a powerful depiction of a Chinese Dragon. The rectangular format is unique in the sovereign bullion world, making it a favorite for those who appreciate both numismatic art and precious metal investment value.
Key Features
Rectangular shape for a legal tender coin; high-relief style 'P' mintmark; 9999 purity grade; security features in the micro-engraving.
Material & Composition
0.9999 Fine Silver (99.99% pure silver); no base metals; 1 troy ounce of silver per unit.
Finish & Decoration
Brilliant Uncirculated (BU) finish with frosted and mirrored elements. Features a stylized Chinese Dragon in pursuit of a flaming pearl with wind/water motifs in the background.
Hallmarks & Stamps
Includes the 'P' mintmark for Perth Mint; reverse typically includes weight (1oz), purity (9999 Ag), year, and face value (1 Dollar).
Construction Details
Modern precision die-struck bullion; mass-produced using high-pressure hydraulic presses for consistent quality and sharp detail.
Functional Features
Legal tender status in Australia ($1 AUD face value); stackable rectangular form factor for efficient storage.
Handle & Grip Details
N/A (Bullion item). Designed for storage in protective acrylic capsules or plastic tubes.
Craftsmanship Details
Machine-perfect precision; the backgrounds feature micro-texturing to deter counterfeiting. Consistent weight and purity guaranteed by the Australian government.
Authentication Indicators
Characteristic Perth Mint holographic security seal on the tube; sharp high-relief details; 'P' mintmark consistency; standard dimensions for Perth rectangular coins.
Origin & Manufacturing
Perth, Western Australia; manufactured at the Perth Mint workshop under the Gold Corporation.
Era & Period
Contemporary (2018-Present); specifically the 2019 or later edition based on the Dragon design style.
Age Estimate
Circa 2019-2023; the specific Dragon design varies slightly by year.
Cultural Significance
Represents the intersection of Western investment standards and Eastern cultural motifs; the Dragon symbolizes wealth, power, and good fortune in lunar traditions.
Condition Notes
Appears to be in Brilliant Uncirculated condition; original mint tubes and holographic seals are visible in the background. No visible milk spots or toning.
Value Estimate
Spot price of 1oz silver plus a 'numismatic premium' ranging from $5 to $15 depending on the year of release and rarity.
Care & Maintenance
Handle only by the edges or with cotton gloves to avoid skin oils; store in original PVC-free acrylic capsules or mint tubes with silica gel to prevent tarnish (milk spots).
Similar Pieces
PAMP Suisse Fortuna Silver Bar (no face value); Royal Canadian Mint Silver Bars; standard 1oz Silver Kangaroo coins (circular).
Interesting Facts
The 1oz Silver Dragon Rectangular Coin was first introduced in 2018 and has a limited annual mintage, often creating a collector premium above the spot price of silver.