1 Dollar - Charles III Year of the Horse: Quadrant 1/4

The "Year of the Horse" falls in 2026 only by the extended logic of early-release programs — the actual lunar Horse year doesn't return until 2026 on the traditional Chinese calendar cycle, making this a pre-issue collector instrument rather than a calendar-year commemorative in any strict sense. Perth has issued quadrant-divided bullion formats since at least the 2010s, a structural gimmick that allows four coins to combine into a single composite image, driving set-completion purchases. The .9999 fineness is Perth's house standard since the 1990s, when the mint systematically upgraded purity across its bullion lines to compete with the Canadian Maple Leaf.