1 oz Dragon Rectangular Silver Coin 2026 — Perth Mint bullion coin-bar with fineness 999.9
The 1 oz Dragon Rectangular Silver Coin 2026 is a Perth Mint bullion coin in an unusual rectangular form, combining the status of Australian legal tender with a bar-like format. It contains 31.1035 g of fine silver at a fineness of 999.9, has a face value of 1 Australian dollar, and the reverse features a dragon — an annually changing Perth Mint motif.
Technical specification
| Parameter |
Value |
| Manufacturer |
Perth Mint (Australia) |
| Series |
Dragon Rectangular (annual motif) |
| Year |
2026 |
| Metal |
Silver (Ag) |
| Fineness |
999.9/1000 |
| Fine silver weight |
31.1035 g (1 oz troy) |
| Form |
rectangular (coin-bar) |
| Face value |
1 AUD (legal tender in Australia) |
| Packaging |
protective flip |
| LBMA status |
Perth Mint in the LBMA Good Delivery system |
| VAT |
silver is subject to standard VAT (unlike gold bullion) |
Why this coin?
- Rectangular form — a coin-bar combining the value of a bullion coin (legal tender) with a practical bar-like format.
- Fineness 999.9 — a full ounce of fine silver (31.1035 g), a clear reference point against the spot price.
- Annual dragon motif — a design that changes every year, setting the series apart from fixed motifs (Kangaroo, Maple Leaf).
- Low entry threshold — silver makes an ounce coin-bar available at a much lower cost than the gold counterpart.
- Perth Mint LBMA Good Delivery — a product of one of the well-known mints in the world, accepted by dealers internationally.
History of the Dragon Rectangular series by Perth Mint
The Dragon Rectangular series is a Perth Mint project that stands out for its unusual rectangular form — combining features of a coin and a bar. Unlike classic round bullion coins, the rectangular shape echoes a bar format while retaining the status of Australian legal tender and a face value expressed in Australian dollars.
The dragon is one of the most important motifs in Far Eastern culture — in Chinese tradition it symbolises strength, energy and good fortune, and it is also one of the zodiac signs. This makes the series appealing both to buyers of physical silver and to collectors who value Eastern motifs.
A hallmark of the series is the annual change of the dragon image on the reverse while keeping the fixed rectangular form. Each year presents a different, dynamic composition with a dragon, which builds continuity for the series and can influence the recognisability of individual years on the secondary market.
Perth Mint, founded in 1899 in Western Australia, is present in the LBMA Good Delivery system and is among the well-known mints producing silver bullion. The producer's reputation translates into the liquidity of its products among precious metals dealers.
Obverse — portrait of King Charles III and face value
The obverse features the portrait of King Charles III along with elements in line with the Perth Mint standard for bullion coins: the issuing country (Australia), the face value of 1 Australian dollar, the fineness and weight of the fine silver, and the year of issue 2026. The portrait of the reigning monarch confirms the coin's status as Australian legal tender with a guaranteed metal content.
Reverse — dragon by the Perth Mint designers
The reverse presents a dynamic dragon image — the annual motif of the series. The dragon is shown in an artistic, movement-filled composition that alludes to the symbolism of strength and good fortune. The reverse also carries the characteristic letter „P” — the Perth Mint mark — and the series inscriptions. The rectangular surface of the coin gives designers more room for an elaborate composition than the classic round format.
What to look out for when buying
Check the year — the 2026 issue features the dragon motif specific to that year, different from earlier years (e.g. 2025). When buying, it is worth distinguishing the specific year from offers labelled „random year”, which may be cheaper but do not allow you to choose the image.
Silver at a fineness of 999.9 is soft and prone to scratches and natural discolouration (patina). The coin is delivered in a protective flip — when buying second-hand, check the condition of the surface, especially around the dragon engraving where the detail is finest.
Silver is subject to standard VAT in the EU, so the market premium on silver coins is often higher per gram than on gold. Compare the current price with the ongoing silver spot price.
Why GoldInvest24
GoldInvest24 is a Polish precious metals dealer with many years of experience in trading physical gold and silver. Each coin is delivered with insured shipping in discreet packaging. See the full range of silver coins and the current precious metals prices.
Comparison with other 1 oz silver coins
| Coin |
Mint |
Fineness |
Form |
Motif |
| Dragon Rectangular 2026 |
Perth Mint |
999.9 |
rectangular |
dragon (annual) |
| Australian Kangaroo |
Perth Mint |
999.9 |
round |
kangaroo (annual) |
| Maple Leaf |
Royal Canadian Mint |
999.9 |
round |
maple leaf (fixed) |
| Britannia |
The Royal Mint |
999.9 |
round |
Britannia (fixed) |
| Vienna Philharmonic |
Münze Österreich |
999 |
round |
organ (fixed) |
See the full silver coins category available at GoldInvest24.
FAQ — frequently asked questions about the 1 oz Dragon Rectangular Silver Coin 2026
What is the 1 oz Dragon Rectangular Silver Coin 2026?
It is a Perth Mint bullion coin in a rectangular form (coin-bar) containing 31.1035 g of fine silver at a fineness of 999.9. It has a face value of 1 Australian dollar, and the reverse features the annual dragon motif.
What is the fineness and weight of this coin?
The coin has a fineness of 999.9/1000 and contains 31.1035 g of fine silver, that is one troy ounce, in a rectangular form.
What makes the rectangular form special?
The rectangular shape combines features of a coin and a bar — the coin keeps the status of Australian legal tender and a face value, while also having a bar-like format that is practical to store. This sets it apart from classic round bullion coins.
Dragon Rectangular in silver or gold — which to choose?
Both variants share the same rectangular form and a fineness of 999.9. The silver variant has a much lower entry threshold but is subject to VAT in the EU, while the gold variant is VAT-exempt. The choice depends on budget and purpose.
Who is this coin for?
It is a choice for buyers of physical silver who value the unusual form and the annual motif, as well as for collectors interested in Eastern symbolism. A full ounce of fine silver makes it a clear reference point against the spot price.
Is the silver coin subject to VAT?
Yes. Silver is subject to standard VAT in the EU — unlike gold bullion, which is exempt. The way VAT is settled in the price may depend on the margin scheme applied by the dealer.
How do I buy the 1 oz Dragon Rectangular Silver Coin 2026 at GoldInvest24?
Add the coin to the cart and complete the order online. Before buying, check the current silver prices to compare the price against the ongoing spot price. Delivery is made with insured shipping in discreet packaging.