The Perth Mint is excited to release this 1oz gold bullion coin featuring a dragon in a unique rectangular format.
Dragons are mythical reptilian creatures of fearsome appearance that feature in many ancient cultures. In Western folklore it is portrayed as a malevolent winged beast that breathes fire. In the Eastern tradition, however, the serpentine-shaped dragon is a benevolent symbol of power and good fortune.
With a record of sell outs, this annual bar-shaped investment coin struck from 1oz of 99.99% pure gold portrays a striking design of a mythical beast that has been feared and revered for millennia. Each coin is issued as legal tender under the Australian Currency Act 1965.
The Perth Mint will release no more than 8,888 of the Dragon 2024 1oz Gold Bullion Rectangular Coin.
The reverse portrays a striking image of an oriental dragon eyeing a flaming pearl, a symbol of wisdom. The background includes representations of water over which the dragon has control, and clouds, omens of good luck.
The design also incorporates the inscription '2024’, which in lunar mythology is the Year of the Dragon, and a ‘P125’ mintmark signifying The Perth Mint’s 125th anniversary. The obverse bears the Dan Thorne effigy of His Majesty King Charles III, as well as the coin’s weight, purity, and monetary denomination
The Perth Mint is Australia’s leading precious metal refiner. Backed by the Western Australian Government, The Perth Mint has produced the official bullion coin program since 1987. The Perth Mint also produces a large range of high quality gold and silver bars. All Perth Mint gold and silver products are refined to 99.99% purity. Ainslie Bullion is a Primary Bullion Distributor for Perth Mint.
Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content), often smaller in size (making for easier disposal in the event of large price increases), international recognition (no fuss tradability overseas) and portability. Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised. Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage. Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event.