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Inventory:
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- Product ID: 46935
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 05/01/25 09:27:01 | ||
Silver
-0.40
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$32.12 | $32.49 |
The Australia $1 Perth Mint 1 oz. Dragon Bar 2019 is a distinctive silver bullion release that merges the traditional appeal of precious metal bars with the legal-tender status and intricate artistry of modern coinage. Produced by the globally renowned Perth Mint, this rectangular coin-bar hybrid combines cutting-edge minting technology with cultural symbolism, offering collectors and investors a unique format not commonly found in the precious metals market. The 2019 edition represents the second release in the Dragon series, building upon the popularity of the inaugural 2018 issue, and it continues to captivate audiences with its bold design, limited mintage, and exceptional quality. Each piece contains one troy ounce of .9999 fine silver and carries a face value of one Australian dollar.
The Perth Mint, founded in 1899, has a longstanding reputation for excellence in the production of bullion and commemorative coinage. Known for its innovation and adherence to the highest purity standards, the Mint has continually pushed boundaries in numismatic artistry. The Dragon Bar Coin series exemplifies this approach by presenting a rectangular-shaped coin with all the features of a traditional legal-tender issue. The format allows for a broader design canvas while retaining precise weight, purity, and government backing. The 2019 Dragon Bar continues the fusion of mythological themes with modern aesthetics, showcasing the Perth Mint’s ability to blend heritage with innovation in a way that appeals to both serious collectors and bullion investors.
The reverse design of the 2019 1 oz. Dragon Bar is the highlight of the coin and features an imposing and intricately detailed Chinese-style dragon. Rendered with flowing movement and fierce expression, the dragon twists vertically along the rectangular surface, surrounded by stylized clouds. A flaming pearl, a common motif in Chinese art symbolizing wisdom and prosperity, is positioned near the dragon’s mouth, indicating the creature's pursuit of enlightenment and power. The intricate scales, sharp claws, and sinuous body are engraved with remarkable precision, enhancing the coin’s visual drama. The detail is accentuated by the matte frosted finish of the dragon set against a highly polished background, creating a dynamic contrast that underscores the Perth Mint’s technical mastery.
In Chinese mythology, the dragon is considered a symbol of strength, protection, and fortune, revered as a divine creature capable of influencing the elements and bestowing blessings. Unlike the fearsome Western depictions of dragons, the Chinese dragon is seen as a benevolent force. The Perth Mint honors this cultural significance with a design that is both respectful and contemporary. The vertical orientation of the dragon along the bar-shaped format enhances the sense of movement and fluidity, making the creature appear as if it is ascending. This symbolic design resonates with global collectors, particularly in markets that value Eastern mythology and auspicious iconography, further broadening the coin’s appeal beyond traditional bullion audiences.
The obverse of the 2019 Dragon Bar bears the effigy of Queen Elizabeth II, designed by artist Ian Rank-Broadley, whose portrait of the monarch had appeared on Australian coinage since 1998. The Queen is shown facing right, wearing the Girls of Great Britain and Ireland Tiara. Surrounding the effigy are the inscriptions “ELIZABETH II,” “AUSTRALIA,” “1 DOLLAR,” “1 OZ 9999 AG,” and the year “2019.” The rectangular format of the coin is used to full advantage, with the inscriptions and portrait carefully aligned to maintain symmetry and legibility. The obverse also features a polished background and frosted devices, maintaining the same visual style found on the reverse.
The 2019 Dragon Bar is struck from one troy ounce of 99.99% pure silver and measures 47.6 mm in length by 27.6 mm in width, with a thickness of 3.57 mm. The unique dimensions make the coin ideal for stacking and display, providing a different tactile experience from round coins. Each bar is issued as legal tender under the Australian Currency Act of 1965 and is backed by the Australian government for weight and purity. The rectangular coin format is an innovative approach that blends the recognizability of coinage with the practicality of bullion bars, appealing to investors who value both aesthetic design and tangible silver content.
The 2019 edition of the Dragon Bar was released with a limited mintage of just 250,000 pieces worldwide. This mintage cap enhances the bar’s collectibility by introducing a degree of scarcity that distinguishes it from standard bullion products with unrestricted production. The low mintage, combined with high visual appeal and government-backed authenticity, ensures that the coin retains strong interest among numismatists and silver investors alike. As the second release in a growing series, the 2019 Dragon Bar also benefits from the collector momentum generated by the 2018 debut, encouraging set building and long-term demand as future issues continue the theme.
Coins in brilliant uncirculated (BU) condition, as is standard for this bullion release, exhibit sharp detail, a clean strike, and a uniform surface finish. BU coins are struck once using standard minting pressure and dies but with careful quality control to ensure a high-quality end product. Most 2019 Dragon Bars were shipped directly from the Perth Mint in protective plastic capsules or sealed rolls, preserving their condition and minimizing the risk of scratches, tarnishing, or surface abrasions. Examples that remain in original packaging or that have been graded and encapsulated by third-party services tend to carry premiums due to their pristine presentation and guaranteed authenticity.
The Dragon Bar’s unique shape and symbolic design set it apart in the world of silver bullion, offering more than just a vehicle for precious metal investment. It serves as a crossover product that appeals to both aesthetic and economic sensibilities. The combination of fine silver content, government backing, innovative format, and mythological design creates a product that occupies a distinctive place in the modern bullion market. As collectors increasingly seek diversity in their holdings—both in terms of design and geography—the 2019 Dragon Bar provides an appealing addition to any global or thematic collection, especially those centered on dragons, Asian cultural motifs, or modern mint artistry.
The Australia $1 Perth Mint 1 oz. Dragon Bar 2019 represents a modern innovation in bullion design, seamlessly merging the form of a bar with the function and status of a legal-tender coin. With its superb .9999 silver purity, limited mintage, and culturally rich dragon motif, it has become a standout release within the Perth Mint’s catalog. Whether acquired for stacking, collecting, or gifting, the 2019 Dragon Bar offers lasting appeal, backed by one of the world’s most respected mints. Its aesthetic and investment value make it an ideal addition to both new and experienced collectors looking to enhance their portfolios with distinctive, high-quality silver coinage.