2026 1 oz Australia Rectangular Dragon Silver Coin (BU)

2026 1 oz Australia Rectangular Dragon Silver Coin (BU)
2026 1 oz Australia Rectangular Dragon Silver Coin (BU)
2026 1 oz Australia Rectangular Dragon Silver Coin (BU)
$62.74
 In Stock 
VOLUME PRICES
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1 - 19$64.24$66.94$67.77
20 - 99$63.74$66.42$67.25
100 - 299$63.24$65.90$66.72
300 or more$62.74$65.38$66.19
Expected to ship by - 07/28/2026
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2026 1 oz Australia Rectangular Dragon Silver Coin (BU)

The 2026 1 oz Australia Rectangular Dragon Silver Coin is the ninth annual release in The Perth Mint's Dragon Rectangular Coin Series, first introduced in 2018. Struck from 1 troy ounce of .9999 fine silver, this unique bullion coin features The Perth Mint's signature rectangular format and showcases a beautifully detailed dragon designed by Jennifer McKenna, complete with open claws and intricately textured scales.

As Australia's first rectangular bullion coin, this series marked a major innovation in modern numismatics. Its distinctive shape, combined with the enduring appeal of the dragon, has helped establish it as one of The Perth Mint's most recognizable annual bullion collections. Nearly a decade later, the series continues to stand apart from traditional round coins and bullion bars.

The Dragon Rectangular series celebrates the dragon, a powerful symbol of strength, wisdom, prosperity, and good fortune in Eastern culture. Each annual release combines artistic craftsmanship with legal tender status, making these coins attractive to both investors and collectors.

BOLD Precious Metals is an authorized dealer of Perth Mint bullion products. Every coin ships in its original protective clear plastic pouch in Brilliant Uncirculated (BU) condition.

The Dragon in Chinese and Asian Culture

In Chinese culture, the dragon is honored as a divine mythical creature representing power, strength, prosperity, wealth, and good fortune. It is often shown alongside a flaming pearl and is traditionally regarded as the ruler of water and weather. Closely associated with the yang principle, the dragon has long symbolized imperial authority, with Chinese emperors historically believed to descend from dragons.

Unlike the fearsome dragons of Western mythology, the Chinese dragon—or lóng—is viewed as a benevolent celestial being. For more than two thousand years, it has remained one of the most respected and sacred symbols in Chinese culture, representing wisdom, protection, and the Emperor's divine authority.

The rectangular format perfectly complements the dragon's long, flowing body. Its elongated shape allows the dragon to stretch, twist, and coil naturally across the design in ways that are difficult to achieve on a traditional circular coin, creating a more dynamic and balanced artistic composition.

Adding further cultural significance, the reverse includes the Chinese character for "Dragon" (龍/龙) along with the 2026 date and The Perth Mint's iconic "P" mintmark, reinforcing the coin's connection to traditional Chinese symbolism.

The Series Since 2018: Australia's Pioneering Rectangular Bullion Coin

Since its debut in 2018, The Perth Mint's Dragon Rectangular Coin has established itself as the world's leading rectangular silver bullion coin series. As Australia's first rectangular bullion issue, it introduced a distinctive format that has since inspired similar products throughout the global precious metals market.

Each annual release features a brand-new dragon design while maintaining the collection's defining characteristics, including .9999 fine silver, a $1 AUD legal tender face value, the signature rectangular shape, and a maximum worldwide mintage of 250,000 coins. The 2026 edition introduces Jennifer McKenna's dramatic dragon design, adding another unique chapter to the series' growing artistic legacy.

For long-time collectors, the 2026 release is an essential addition to a complete year-by-year collection. For new buyers, it offers the easiest opportunity to begin collecting the series without paying higher secondary-market premiums associated with earlier releases.

Specifications

  • Issuer: The Perth Mint | Perth, Western Australia
  • Year: 2026
  • Series: Perth Mint Dragon Rectangular Coin – 9th Annual Release
  • Reverse Designer: Jennifer McKenna
  • Obverse Designer: Dan Thorne (King Charles III effigy)
  • Weight: 1 Troy Ounce (31.103 g)
  • Purity: .9999 Fine Silver (99.99%)
  • Shape: Rectangular
  • Dimensions: Approximately 27.6 mm × 47 mm
  • Edge: Flat
  • Finish: Brilliant Uncirculated (BU)
  • Face Value: $1 AUD (Australian legal tender)
  • Maximum Mintage: 250,000 worldwide
  • Security Feature: Micro-laser engraved letters (visible under magnification)
  • IRA Eligible: Yes
  • Packaging: Individual protective plastic pouch; tubes of 20; mini monster boxes of 200

The Rectangular Format: Why It Matters

The rectangular design is much more than a visual feature—it also provides practical advantages that have helped make the series successful for nearly a decade.

Its shape allows the coin to store efficiently alongside bullion bars, stack neatly, and display attractively in collections. More importantly, the wider horizontal layout gives the artist greater creative freedom, allowing the dragon's long, flowing body to be portrayed with more movement and detail than a standard round coin can accommodate.

For added security, each coin includes multiple micro-laser engraved letters that can only be seen under magnification. Combined with the series' distinctive rectangular format, these advanced security features help make the Dragon Rectangular Coin one of The Perth Mint's most secure standard 1 oz silver bullion products.

Design: Obverse and Reverse

Obverse: King Charles III by Dan Thorne

The obverse features Dan Thorne's official portrait of His Majesty King Charles III, displayed against a radiant-line background. Surrounding inscriptions include "CHARLES III AUSTRALIA", along with the coin's weight, purity, and $1 AUD face value.

Reverse: Jennifer McKenna's Dragon

The reverse showcases an impressive dragon created by Jennifer McKenna, featuring open claws, sharply detailed scales, and dramatic movement. The design is enhanced by the 2026 date, The Perth Mint's iconic "P" mintmark, and the Chinese character for "Dragon," blending traditional symbolism with modern minting artistry.

 

How It Compares

2026 1 oz Australia Rectangular Dragon Silver Coin BU (This Coin)

With a maximum mintage of 250,000 coins, this release contains 1 troy ounce of .9999 fine silver and features Jennifer McKenna's detailed dragon design with open claws, intricate scales, and dynamic movement. It also includes the Chinese character for Dragon, The Perth Mint's "P" mintmark, a $1 AUD face value, advanced micro-laser security, and IRA eligibility. It's an excellent choice for Dragon series collectors, enthusiasts of Asian culture, investors seeking premium .9999 silver, and buyers building a complete Perth Mint Dragon collection.

2025 1 oz Australia Rectangular Dragon Silver Coin BU (Previous Release)

The 2025 edition also contains 1 troy ounce of .9999 fine silver with the same maximum mintage of 250,000 coins. Production has ended, making it an important addition for collectors looking to complete the Dragon Rectangular series by adding earlier annual releases.

2026 1 oz Australia Silver Kookaburra BU

The Australian Silver Kookaburra is another popular Perth Mint bullion series struck from .9999 fine silver. It features a traditional round format, Australian legal tender status, and a new kookaburra design each year. Investors who prefer classic round bullion may favor the Kookaburra, while the Dragon Rectangular stands out for its innovative shape and strong cultural symbolism.

2026 1 oz Australian Silver Kangaroo BU

The Australian Silver Kangaroo offers .9999 fine silver, Australian legal tender status, and the series' well-known kangaroo reverse. It is widely recognized in the global bullion market and appeals to investors focused on liquidity. The Dragon Rectangular is better suited to collectors seeking annual design changes, a distinctive rectangular format, and the enduring symbolism of the Chinese dragon.

2026 1 oz American Silver Eagle BU

Issued by the United States Mint, the American Silver Eagle contains .999 fine silver and remains the most actively traded silver bullion coin in the U.S. market. Investors seeking maximum domestic liquidity often choose the Silver Eagle, while the Dragon Rectangular offers higher .9999 purity, the Perth Mint's innovative rectangular design, and rich Eastern cultural significance.

2026 1 oz Canadian Silver Maple Leaf BU

The Canadian Silver Maple Leaf matches this coin's .9999 fine silver purity and is produced by the Royal Canadian Mint with unlimited annual mintage. It remains one of the world's most recognized silver bullion coins. The Dragon Rectangular appeals to collectors looking for annually changing artwork, a unique rectangular format, and authentic Chinese dragon symbolism.

IRA Eligibility

The 2026 1 oz Australia Rectangular Dragon Silver Coin meets IRS purity requirements for inclusion in a Self-Directed Precious Metals IRA, thanks to its .9999 fine silver content, which exceeds the minimum .999 standard. As Australian legal tender issued by The Perth Mint, it meets the quality standards required by many IRA custodians. Because acceptance policies may differ, buyers should confirm eligibility with their IRA custodian before purchasing.

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