The coin’s obverse portrays the Dan Thorne effigy of His Majesty King Charles III, and the monetary denomination. The reverse portrays 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.