Coin Highlights:
• Issuer: Australia / The Perth Mint
• Date: 2024
• Series: Lunar Series III – Year of the Dragon
• Denomination: 1 Dollar (AUD)
• Metal: .9999 Fine Silver
• Weight: 31.107 grams (1 Troy oz)
• Grade: NGC MS70
• Designation: First Releases
• Diameter: 40.90 mm
• Edge: Reeded
• Legal Tender: Australian Government-backed $1 face value
• Mint Mark: P (Perth Mint)
Design:
• Obverse: Features the effigy of King Charles III designed by Dan Thorne, along with the denomination and country of issue.
• Reverse: Depicts a majestic Chinese dragon among clouds and mist, grasping a flaming pearl. The design includes the Chinese character for “Dragon,” the inscription “DRAGON 2024,” and The Perth Mint’s “P” mintmark.
Historical Significance:
The Dragon is the fifth animal in the Chinese Zodiac and is widely associated with power, strength, prosperity, success, and good fortune. Dragon-themed bullion issues consistently rank among the most popular releases from The Perth Mint’s Lunar Series programs. The 2024 release continues the acclaimed Lunar Series III collection, which has attracted collectors worldwide since its introduction in 2020.
Collectibility:
The NGC MS70 grade signifies a coin with no post-production imperfections visible under 5x magnification, while the First Releases designation confirms submission to NGC within the program’s designated release window. Combining a perfect grade, one of the most desirable Lunar designs, and worldwide collector demand, the 2024 Year of the Dragon remains a standout modern bullion issue.
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