The 2023 "Year of the Rabbit" Silver Dollar is the fourth coin issued in the popular Australian Silver Lunar Series 3. The original twelve Australian Silver Lunar coins (1999-2010) had extremely low mintages (84,000 coins average per year) and are now very valuable and difficult to find. The Lunar Series II coins (2008-2019) differed from the original coins with a larger diameter (45 mm vs. 40.6 mm) and updated animal designs.

Due to the popularity of the series 1 and 2 coins, a third series was started in 2020 with the 2020 Year of the Mouse coin and continued in 2021 with the 2021 Year of the Ox coin and the 2022 Year of the Tiger coin in 2022. This series will run from 2020 through 2031 to cover all twelve Chinese lunar animals.

Each coin is gem brilliant uncirculated with a gorgeous "reverse-proof" finish. The background is frosted while the images have a brilliant mirror finish. Each coin comes in a clear plastic capsule to protect the beautiful finish and contains one ounce 0.9999 fine silver.