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The Australia $100 1 oz. Gold Dragon Bar 2019 is a bold and innovative bullion release from the Perth Mint that combines traditional Eastern symbolism with contemporary rectangular coinage. Issued as part of a limited-edition series showcasing the powerful dragon motif, this coin is struck in one troy ounce of .9999 fine gold and bears a face value of 100 Australian dollars. Its rectangular format sets it apart from standard bullion coins, offering both aesthetic distinctiveness and thematic appeal. As the second release in the Dragon Rectangular Coin series, the 2019 issue builds upon the success of its 2018 predecessor and remains highly sought after by both collectors and precious metal investors worldwide.
The Perth Mint, located in Western Australia, has long been revered for its quality and craftsmanship in the production of bullion and numismatic products. Established in 1899 as a branch of Britain’s Royal Mint, the Perth Mint is now owned by the Government of Western Australia and operates as one of the world’s premier mints. Known for iconic coin series such as the Kangaroo, Koala, Kookaburra, and Lunar collections, the Mint has also introduced more experimental formats, including the rectangular bullion bar coins. These rectangular coins are legal tender under the Australian Currency Act of 1965 and come with government-backed weight and purity guarantees.
The 2019 Gold Dragon Bar continues the series' theme of East Asian mythology, portraying the legendary Chinese dragon—a powerful, benevolent creature believed to control water, weather, and prosperity. Unlike its Western counterparts, the Chinese dragon is a symbol of strength, fortune, and imperial authority. This motif holds special significance in Australian culture due to the country’s deep ties with Asia and its rich multicultural heritage. As such, the coin appeals not only to bullion investors but also to those with an appreciation for Chinese art and cultural symbolism.
The obverse of the 2019 1 oz. Gold Dragon Bar features the effigy of Her Majesty Queen Elizabeth II, designed by Jody Clark. This fifth-generation portrait presents the Queen wearing the Royal Diamond Diadem and earrings, with her name “ELIZABETH II” inscribed along the top margin. The inscriptions also include “AUSTRALIA 2019,” “1 OZ 9999 Au,” and the coin’s denomination of “100 DOLLARS.” The fine detail and precision of the engraving, combined with the mirror-like prooflike surfaces, give the obverse a dignified and official presence befitting a legal tender gold coin.
The reverse presents a stunning depiction of a Chinese dragon winding its serpentine body through stylized clouds. The dragon is shown in mid-flight with a fierce expression, baring its teeth and clutching a flaming pearl—a symbol of enlightenment, wisdom, and power. The design is highly detailed, with fine linework accentuating the dragon’s scales, whiskers, claws, and expressive face. The background texture contrasts subtly with the raised relief of the dragon, creating a dramatic, almost three-dimensional effect. The mint mark “P” for Perth is included within the reverse design, confirming the coin’s origin and authenticity.
Struck from 99.99% pure gold, the coin weighs precisely one troy ounce (31.107 grams) and measures approximately 41.6 mm by 24.6 mm. Its unique rectangular shape allows for a different visual perspective compared to traditional circular coins, giving more space for the dragon to stretch across the surface. This format also mirrors the aesthetic of gold bullion bars, merging the worlds of traditional coinage and investment bars into one product. The thickness and edge design also enhance the coin’s tactile presence and handling experience, setting it apart from standard bullion.
The Perth Mint produced the 2019 $100 Gold Dragon Bar with a limited mintage of only 25,000 pieces worldwide. This relatively low production number significantly increases its collectibility, especially as the series gains momentum and earlier editions become scarcer. Each coin was issued in a protective acrylic capsule, which preserves the high-relief detail and prooflike finish. Some examples were later certified by third-party grading services such as PCGS and NGC, often achieving high grades like MS69 or MS70 due to the Mint’s exceptional quality control standards.
In terms of condition, the majority of these coins remain in Mint State condition as they were sold directly to collectors and investors in protective packaging. The clean, reflective surfaces and sharply defined strike demonstrate the Perth Mint’s commitment to excellence. Collectors seeking flawless examples can readily find graded pieces in the secondary market, while raw examples remain attractive for those who value the coin for its aesthetic and bullion content. Due to the precision strike and limited mintage, the coin often commands a modest premium over its melt value, especially when housed in original capsules or graded holders.
The 2019 Gold Dragon Bar appeals to a broad spectrum of numismatists, from collectors of modern gold coins and Asian-themed designs to precious metal investors seeking something unique. Its combination of legal tender status, artistic design, and high-purity gold gives it intrinsic and collectible value. Moreover, the dragon motif continues to resonate globally as a symbol of good fortune, strength, and protection, making this piece ideal for both investment portfolios and as a meaningful gift for special occasions, especially within communities that observe Lunar New Year or other cultural festivals.
Overall, the Australia $100 1 oz. Gold Dragon Bar 2019 from the Perth Mint is a masterfully executed rectangular bullion coin that blends mythological heritage with modern minting excellence. With its limited mintage, eye-catching design, and .9999 gold purity, it stands out as a remarkable addition to any collection. Whether viewed as an artistic interpretation of one of Asia’s most iconic creatures or as a secure store of wealth in fine gold, this coin exemplifies the prestige and innovation that continue to define the Perth Mint’s global reputation.