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1 oz Silver Minted Bar Dragon 2026 (Mintage: 3,888 | Proof)

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  • Powerful design: symbol of power
  • Perth Mint: world-famous mint
  • Highest purity: 999.9/1,000 fine silver
Item No.: 2260608
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1 ounce fine silver

It breathes no fire. It brings the rain.The dragon,as a bar of silver.

Dragon Coin Bar 2026, front with the dragon
Dragon Coin Bar 2026, back

Dragon Coin Bar 2026, front with the dragon

The whole dragon stands upright on the bar, claws outstretched, its body covered in fine scales.

From the water into the clouds

It lives in the water and rises into the clouds.

Dragons have appeared in Chinese art since Neolithic times. No later than the Han dynasty, from 206 BC to AD 220, they were regarded as beings of water: they live in rivers and seas, fly up into the clouds, govern the weather and bring the life-giving rain.

This is how old books tell it: the dragon’s breath becomes clouds, and the clouds become rain or lightning. In winter it sleeps beneath rivers and ponds, in the first month of spring it rises, and then it thunders, and rain falls.

In China it stands for the beneficence of heaven. The dragons of Europe are mostly winged and breathe fire, while in East Asia the dragon is regarded as a benevolent being, usually without any wings.

“Above all things the dragon in China is a rain-maker.”
Penn Museum of the University of Pennsylvania, 1934

A dragon made of many animals

The antlers of the stag, the scales of the carp.

According to old tradition, the dragon is made up of parts of many animals: the antlers of the stag, the scales of the carp, the claws of the eagle and the body of the snake. Learned Chinese books also name whiskers at the mouth and a luminous pearl beneath the chin.

The magnifying glass reveals how finely the design is struck here.

  • HeadThe head of the dragon

  • ClawsClaws like those of an eagle

  • ScalesScales like those of a carp

Enlarged from the pictures in our gallery.

The legend of the Dragon Gate

The carp, which becomes a dragon.

A legend tells of the Yellow River: a carp that swims upstream through the Dragon Gate becomes a dragon.

In China the image stood for passing the civil service examination. On a Yuan dynasty inkstone in the Metropolitan Museum, the grinding surface and the ink well lie between carp and dragon; their diligent use might well decide success.

The phoenix

Dragon and phoenix, emperor and empress.

On a porcelain plate of the Wanli period in the Metropolitan Museum, the five-clawed dragon is the emblem of the emperor. At its side appears the phoenix, which often stands for the empress.

On a wedding robe from the 1930s in the Victoria and Albert Museum, too, dragon and phoenix form the basic pattern, as the male and female elements of marriage. By tradition, the bride was “empress of the day.”

More companions of the dragon

The emblem of the emperor

From the waves at the hem to the pearl.

An imperial robe of yellow silk from the Qianlong period, shown at the Palace Museum in Beijing in 2019, follows the usual arrangement from bottom to top: water lines form the waves of the ocean, from them rises Mount Kunlun, and at chest height the five-clawed dragon chases the flaming pearl.

The claws mattered: the five-clawed dragon, long, was distinguished from the four-clawed one, mang, which stood for lower ranks.

“Only the emperor and empress were allowed to wear bright yellow.”
Victoria and Albert Museum, London, on a dragon robe of the 18th century

The craft

What sets this bar apart.

Proof
The field is polished to a mirror finish, with the design set on it in matte. This makes the dragon stand out clearly against the gleaming background.

Our dragons to scale

Dainty in gold, mighty in silver.

From 1/200 ounce of gold to 5 ounces of silver, side by side to the scale of their dimensions. The piece on this page is marked.

Whatever is available links to its product.

At a glance

Type
Coin bar
Metal
Silver
Design
Dragon
Weight
1 ounce fine silver
Fineness
999.9/1,000
Face value
1 Dollar
Country of issue
Australia
Dimensions
47.6 × 27.6 mm
Year
2026
Quality
Proof
Mintage
3,888 pieces
Designer
Jennifer McKenna
Manufacturer
Perth Mint
Packaging
Display stand

A coiled dragon of jade, made in the Shang dynasty, in the 13th or 12th century BC.

Pendant in the Metropolitan Museum of Art, New York

In jade for over 3,000 years, today in silver.

Rectangular Dragon 2026: Dragon Power in Silver – only 3,888 pieces worldwide

  • Strictly limited: a very low mintage of just 3,888 pieces worldwide – a fraction of the regular bullion issue.
  • Growth potential: considerable value appreciation potential thanks to the sharp limitation and the traditionally high demand for dragon designs.
  • Collector's item: outstanding rarity and sought-after collector's coin for collectors with a sense for the extraordinary.
  • Minting quality: the highest possible finish, Proof – mirrored surfaces, frosted design elements.
  • Design: a snarling oriental dragon from the Chinese lunar calendar, finely chiselled scales, flowing whiskers, along with the year 2026 and the "P" mint mark; the design changes every year.
  • Manufacturer: The Perth Mint, one of the most renowned mints in the world.
  • Country of origin: Australia – legal tender with a face value of 1 AUD.
  • Investment goal: With silver minted bars you can very effectively protect your wealth against the creeping devaluation of money.
  • Value preservation: a store of value made of pure precious metal that preserves the purchasing power of your assets and also opens up opportunities for value appreciation.
  • Protection: inflation, recession and ballooning government debt are causing paper money to shrink – tangible assets made of precious metal remain unaffected.

A dragon, tamed into a rectangle: The 1 ounce silver coin Australia Rectangular Dragon 2026 from the Perth Mint breaks with everything one would expect from a classic round coin. The "Dragon Rectangle" series has been issued since 2018 – and the Proof edition is its crowning discipline. While the bullion variant is issued with a mintage limit of 250,000 pieces, the Proof edition is capped at just 3,888 pieces. This limitation makes all the difference.

Minted bar: the shape of a bar, the status of a coin

Bars that bear a coin die and an official face value are called minted bars. That is exactly what this piece is: rectangular like a silver bar, with rounded corners, measuring around 47.6 × 27.6 millimetres – and yet a genuine coin. The stamped face value of 1 Australian dollar grants it the status of official legal tender in Australia. In Germany, it is therefore legally classified as a silver coin, even though its format is reminiscent of a bar.

31.1 grams fine weight, a fineness of 999.9/1,000: it hardly gets any purer. The obverse shows the East Asian dragon – in Far Eastern tradition a symbol of power, strength and prosperity. The reverse bears the portrait of King Charles III, designed by Dan Thorne, set against a radiant background, complemented by weight, fineness and face value. The coin is delivered in a display stand that presents the piece like a small work of art.

Why silver – and why right now?

  • Double demand: silver is both an investment metal and an indispensable industrial raw material – electronics, photovoltaics and medical technology consume it continuously.
  • Limited supply: global deposits are finite, and consumed silver often never returns to the market.
  • Intrinsic value: unlike paper money, which relies solely on trust in governments, silver possesses a physical intrinsic value.
  • Divisibility: small units like this ounce are well suited as a means of exchange during currency turmoil.
  • Tax advantage: profits from the sale of physical silver are generally tax-free after a holding period of at least one year.
  • Liquidity: Perth Mint issues are internationally recognised and can be converted back into cash at any time.
For thousands of years, silver was coinage metal, trade money and status symbol all at once. Whoever holds it in their hands today possesses a tangible asset that no central bank can multiply at the push of a button.

A collector's item and inflation hedge in one

Numismatically appealing, materially solid: this combination is what makes the issue so attractive. The material value follows the silver price, while the collector's value is fuelled by rarity. Compared to the standard issue, the Proof version scores with its mirror-finish surface and drastically smaller mintage; compared to the gold variant of the series, it remains significantly more accessible – an argument many private investors appreciate. Anyone looking to diversify their portfolio can sensibly supplement it with classic bullion coins or with products for crisis protection.

A note for collectors: never touch Proof coinages on their surfaces without gloves. The mirrored areas are sensitive to fingerprints – whereas inside the capsule, condition remains flawless for generations. And that is precisely what precious metals are about: preserving and passing on value, year after year, dragon after dragon.

Product depiction may differ from the final product.

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1 oz Silver Minted Bar Dragon 2026 (Mintage: 3,888 | Proof)
1 oz Silver Minted Bar Dragon 2026 (Mintage: 3,888 | Proof)
£144.86
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