Perth Mint's Australian Lunar Series III collection continues the rich tradition of minting spectacular bullion coins by portraying animal themes from the Chinese lunar calendar. The reverse design changes each year based on the Chinese lunar calendar, and the 2023 reverse celebrates the Year of the Rabbit. Those born under the sign of the Chinese lunar rabbit in 2023, 2011, 1999, 1987, 1975 and every 12th preceding year are said to be intelligent, creative, vigilant and compassionate.
- Obverse: Portrays the Jody Clark likeness of Her Majesty Queen Elizabeth II, surrounded by the date, face value, Silver weight and purity.
- Reverse: Portrays an alert rabbit, with another rabbit stretching toward a budding branch. Also included in the design is the Chinese character for "rabbit," the inscription "RABBIT 2023" and The Perth Mint's "P" mint mark.