Perth Mint 2023 Dragon Rectangular Silver Coin -1 oz

• Brand / Mint – Perth Mint

• Metal Content – 1 oz

• Fineness (% purity) – 99.9

• Capsulated (Y or N) – N

• Mintage – 250,000

• Dimensions – Length 47.60mm, Width 27.60mm, Thickness 3.57mm

Struck from 1oz of 99.99% pure silver, this superb release is struck in outstanding bullion quality with shiny design motifs on a delicately frosted table. The coin’s reverse also includes The Perth Mint’s ‘P’ mintmark, our traditional symbol of elite minting skills since 1899. In 2023, The Perth Mint’s popular series of rectangle-shaped Dragon coins for investors portrays an exquisitely detailed representation of a Chinese dragon. Its scaly serpentine body has a magnificent head featuring sinuous horns and tendril-like whiskers. An awe-inspiring beast, the Chinese dragon is actually considered to be benevolent and wise.

The price of Silver, like many other commodities, tends to be driven by a combination of supply and demand metrics as well as speculation. Whilst the price of Silver is well known for being more volatile than Gold due to its smaller market size, lower market liquidity as well as ever-changing supply and demand from the industrial sector and its properties as a store of value over long periods of time.

Silver is well regarded as a safe-haven asset for investors during times of economic upheaval, uncertainty and financial stress. The market conditions applicable to Silver, are much like that for Gold, and tend to be driven by monetary policy, the value of the US dollar, geopolitical concerns, physical demand as well as the available supply from mining production.

GBA offers a large range of silver products from known brands. Listing sizes from 1 oz coins to 5 kg cast bars.