diff --git a/dist/Data-Dumper/Dumper.pm b/dist/Data-Dumper/Dumper.pm
index 15589a33cf39..9c56d4ffa12a 100644
--- a/dist/Data-Dumper/Dumper.pm
+++ b/dist/Data-Dumper/Dumper.pm
@@ -364,7 +364,16 @@ sub _dump {
         else {
           $pat = "$val";
         }
-        $pat =~ s <(\\.)|/> { $1 || '\\/' }ge;
+        $pat =~ s <
+                     (\\.)           # anything backslash escaped
+                   | (\$)(?![)|]|\z) # any unescaped $, except $| $) and end
+                   | /               # any unescaped /
+                  >
+                  {
+                      $1 ? $1
+                          : $2 ? '${\q($)}'
+                          : '\\/'
+                  }gex;
         $out .= "qr/$pat/$flags";
     }
     elsif ($realtype eq 'SCALAR' || $realtype eq 'REF'
diff --git a/dist/Data-Dumper/Dumper.xs b/dist/Data-Dumper/Dumper.xs
index 6d73beca3027..7afb4a5a22b1 100644
--- a/dist/Data-Dumper/Dumper.xs
+++ b/dist/Data-Dumper/Dumper.xs
@@ -570,6 +570,10 @@ dump_regexp(pTHX_ SV *retval, SV *val)
      *
      * Of course, to add to the fun, we also need to escape Unicode characters
      * to \x{...} notation (whether they are "escaped" by \ or stand alone).
+     *
+     * which means we need to output qr// notation
+     * even if the input was expressed as q'' (eg q'$foo')
+     *
      * We can do all this in one pass if we are careful...
      */
 
@@ -591,8 +595,14 @@ dump_regexp(pTHX_ SV *retval, SV *val)
             k = *p;
         }
 
-        if ((k == '/' && !saw_backslash) || (     do_utf8
-                                             && ! UTF8_IS_INVARIANT(k)))
+        if (/* / that was not backslashed */
+            (k == '/' && !saw_backslash)
+            /* $ that was not backslashed, unless it is at the end of the regex
+               or it is followed by | or it is followed by ) */
+            || (k == '$' && !saw_backslash
+                && (p + 1 != rend && p[1] != '|' && p[1] != ')'))
+            /* or need to use \x{} notation. */
+            || (do_utf8 && ! UTF8_IS_INVARIANT(k)))
         {
             STRLEN to_copy = p - (U8 *) rval;
             if (to_copy) {
@@ -603,6 +613,11 @@ dump_regexp(pTHX_ SV *retval, SV *val)
                 sv_catpvs(retval, "\\/");
                 ++p;
             }
+            else if (k == '$') {
+                /* this approach suggested by Eirik Berg Hanssen: */
+                sv_catpvs(retval, "${\\q($)}");
+                ++p;
+            }
             else {
                 /* If there was a \, we have copied it already, so all that is
                  * left to do here is the \x{...} escaping.
diff --git a/dist/Data-Dumper/t/dumper.t b/dist/Data-Dumper/t/dumper.t
index 137ceb1bb18c..176a12731a9a 100644
--- a/dist/Data-Dumper/t/dumper.t
+++ b/dist/Data-Dumper/t/dumper.t
@@ -15,7 +15,7 @@ $Data::Dumper::Sortkeys = 1;
 $Data::Dumper::Pad = "#";
 
 my $XS;
-my $TMAX = 492;
+my $TMAX = 498;
 
 # Force Data::Dumper::Dump to use perl. We test Dumpxs explicitly by calling
 # it direct. Out here it lets us knobble the next if to test that the perl
@@ -1739,6 +1739,55 @@ EOW
             $want, $want_xs);
 }
 #############
+{
+  # [CPAN #84569]
+  my $dollar = '${\q($)}';
+  my $want = <<"EOW";
+#\$VAR1 = [
+#  "\\x{2e18}",
+#  qr/^\$/,
+#  qr/^\$/,
+#  qr/${dollar}foo/,
+#  qr/\\\$foo/,
+#  qr/$dollar \x{A3} /u,
+#  qr/$dollar \x{203d} /u,
+#  qr/\\\$ \x{203d} /u,
+#  qr/\\\\$dollar \x{203d} /u,
+#  qr/ \$| \x{203d} /u,
+#  qr/ (\$) \x{203d} /u,
+#  '\xA3'
+#];
+EOW
+  if ($] lt '5.014') {
+      $want =~ s{/u,$}{/,}mg;
+  }
+  if ($] lt '5.010001') {
+      $want =~ s!qr/!qr/(?-xism:!g;
+      $want =~ s!/,!)/,!g;
+  }
+  my $want_xs = $want;
+  $want_xs =~ s/'\x{A3}'/"\\x{a3}"/;
+  $want_xs =~ s/\x{A3}/\\x{a3}/;
+  $want_xs =~ s/\x{203D}/\\x{203d}/g;
+  my $have = <<"EOT";
+Data::Dumper->Dumpxs([ [
+  "\\x{2e18}",
+  qr/^\$/,
+  qr'^\$',
+  qr'\$foo',
+  qr/\\\$foo/,
+  qr'\$ \x{A3} ',
+  qr'\$ \x{203d} ',
+  qr/\\\$ \x{203d} /,
+  qr'\\\\\$ \x{203d} ',
+  qr/ \$| \x{203d} /,
+  qr/ (\$) \x{203d} /,
+  '\xA3'
+] ]);
+EOT
+  TEST_BOTH($have, "CPAN #84569", $want, $want_xs);
+}
+#############
 {
   # [perl #82948]
   # re::regexp_pattern was moved to universal.c in v5.10.0-252-g192c1e2