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| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2023 |
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| Composition | Log in to see details |
| Weight | 31.107 g |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A highly detailed high-relief depiction of a dragon rendered in dynamic, serpentine form, its scaled body coiling across the entire rectangular field. The creature's fearsome head occupies the lower portion of the design, facing left with open jaws and prominent claws, while its sinuous body and spiked dorsal fins sweep upward through a rocky, cavernous landscape. Ancient ruins and rocky outcroppings are visible in the background, enhancing the mythological atmosphere. The Perth Mint's 'P' mintmark appears to the lower left of centre, and the designer's initials 'WR' are inscribed to the right mid-field. |
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| Reverse lettering | P WR |
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| Additional information |
The sixth portrait of Elizabeth II — by sculptor Jody Clark — was adopted by Australian coinage in 2015 and remained in use through the transition period following her death in September 2022. This 2023 issue therefore carries the effigy of a monarch who had died before striking commenced, a circumstance the Perth Mint navigated by continuing the portrait under pre-existing royal proclamation rather than immediately transitioning to Charles III.
Perth's dragon bullion series draws consistent demand from East Asian markets, where the dragon carries strong cultural and investment resonance. The .9999 fineness — rather than the .9995 floor common among competitors — has been a deliberate Perth Mint positioning since the 1980s.