Obverse: At the centre of the coin is a left-facing portrait of King Charles III, designed by Dan Thorne. The King is shown without a crown, wearing a jacket, shirt and tie. The designer’s initials “DT” appear near the lower part of the portrait. At the top, the inscriptions “CHARLES III” and “AUSTRALIA” are arranged in two lines. The denomination “1 DOLLAR” is shown at the bottom, with the inscription “1oz 9999 Ag” beneath it, indicating the amount and fineness of the pure silver. The composition is framed by a line following the rectangular outline of the coin.
Reverse: Depicts an expressive oriental dragon whose long, winding body fills almost the entire surface of the coin. The dragon’s head is prominently shown in the upper left, with an open mouth, horns and long, curling whiskers. The finely rendered scales, abdominal plates and outstretched claws with sharp talons give the design a dynamic appearance. The Perth Mint’s “P” mintmark appears in the upper right, the initials “JM” of designer Jennifer McKenna are placed among the curves of the dragon’s body, and the year of issue “2026” appears at the bottom.
About the coin: Issued in 2026 by The Perth Mint, this silver coin belongs to the rectangular “Dragon” coin series. In Chinese mythology, the dragon symbolizes power, wisdom, good fortune and prosperity, and is also associated with rain, water and control over the forces of nature. The coin is struck from 99.99% pure silver and contains 1 troy ounce (approximately 31.1 g) of pure silver, with a face value of 1 Australian dollar. Its rectangular shape with rounded corners resembles a small silver bar and highlights the vertical dragon composition. The coin measures 47.6 × 27.6 mm, has a maximum thickness of 3.57 mm, and a limited mintage of 250,000 pieces. The reverse incorporates a micro-laser engraved letter, visible under magnification and intended as an authentication feature. The coin is supplied in a protective transparent plastic pouch.