Interesting Facts

Here are some interesting facts about the Singapore Currency. ____________________________________________________________________________________

Notes

(a) The first signatory on the Singapore notes issued in 1967 was by Mr Lim Kim San, then Chairman of BCCS.

(b) The seal on currency notes first appeared in 1970. The notes bore the seal and signature of Dr Goh Keng Swee, then Chairman of BCCS.

(c) The $50 polymer note issued in 1990 was the first note to be designed by a local artist, Mr Chua Mia Tee.

(d) The first uncut sheet issued was the $2 'Ship' series (red colour) in 1991.

(e) The 'Ship' series $100 uncut sheet issued in 1997 was the highest face-value uncut sheet ($2,800) bought by collectors. It was issued to commemorate the 100 years of Currency Board System in Singapore and also the 30th anniversary of BCCS.

(f) The entire series of the Portrait notes issued in 1999 was designed by a local artist, Mr Eng Siak Loy.

(g) The highest price paid for a single note in an auction was the $1000 paper Portrait circulation note bearing the serial number 2AA000001 signed by then MAS Chairman Mr Goh Chok Tong. It was sold at S$155,000.

(h) Of all the notes issued since 1967, only three notes have two security threads on them. They are the $10,000 'Orchid' notes, and the $1,000 and $10,000 'Bird' notes.

(i) The entire lyrics of the national anthem are printed in microtext on the back of the $1,000.

(j) Following the merger of BCCS with MAS, the first inaugural note issued by MAS was the $10 polymer Portrait note, overprinted with "Commemorative First Note Issue & MAS logo" and bearing a unique prefix 'MAS'.

(k) To celebrate the 40th Anniversary of the Currency Interchangeability Agreement between Singapore and Brunei, $20 commemorative polymer notes were issued. The Singapore $20 features a special over-print of the two countries' state crests and text "40th Anniversary Currency Interchangeability Agreement".

Coins

(a) The first gold coin (face-value $150) was issued in 1969. On the reverse, it bears the design of the Raffles lighthouse with the inscription '150 Dollars', and it was issued to commemorate the 150th Anniversary of the founding of Singapore by Sir Stamford Raffles.

(b) The first and only aluminium 5-cent circulation coin was issued in 1971. It was issued in conjunction with Singapore's participation in the United Nations Food and Agriculture Organisation's Coin Programme.

(c) The $5 Uncirculated Silver Coin issued in 1973 was the first commemorative coin packaged together with a set of stamps for a Philatelic-Numismatic Cover. It was issued to commemorate the staging of the SEAP Games in Singapore and the opening of the National Stadium.

(d) The first platinum coin was the $500 Platinum Proof Coin issued in 1990 to commemorate the 25th Anniversary of Singapore's Independence.

(e) The first piedfort coin (ie double thickness) was the $10 Silver Piedfort Proof Coin issued in 1992 to commemorate the 25th Anniversary of BCCS.

(f) There are two versions of the National Coat of Arms on the Second Series circulation coins. The first version is the stylised form of the National Coat of Arms and has the shield (bearing the crescent and five stars) higher than the lion and tiger supporting it. The second version is the official form of the National Coat of Arms and has the shield lower than the lion and tiger supporting it. The stylised version was adopted for aesthetic purposes and was used on the Second Series circulation coins until 1992, when the then Coin Advisory Committee reviewed and felt that there was little justification to continue using the stylised version. Thus, the Committee recommended and the BCCS Board approved to use the official version of the National Coat of Arms on all Singapore coins henceforth. This would also align with the version of the National Coat of Arms used on Singapore currency notes.

(g) The first Singapore coin to receive an international award was the $250 gold proof Year of the Tiger Coin (Second Chinese Almanac Series) issued in 1998. It was awarded the Best Gold Coin in the Coin of the Year Competition organized jointly by World Coins News and Krause Publication in 2000.

(h) The $5 millennium coin issued in 2000 is the first Singapore coin to have a latent image (which shows the year date "2000" and BCCS logo when viewed at different angles).

(i) The smallest Singapore coin is the $1 Gold Bullion coin, first issued in 2003. The size of the coin is 7.00 mm in diameter and the weight is 0.30 grams.

(j) The largest Singapore coin is the $80 Silver Proof Coin, first issued in 2012. The size of the coin is 100.00 mm in diameter and the weight is 1 kg.

(k) The $10 Silver Piedfort coin issued in 2005 is the first Almanac coin in full colour (Year of the Rooster).

(l) The $10 Gold Cameo Silver Proof Coin issued in 2005 is the first commemorative coin with cameo (silver with gold insert) feature which was issued to commemorate Singapore's 40 years of independence.

(m) Singapore's first rectangular coin is the $5 Silver Proof Colour Coin issued in 2010, commemorating Singapore's 45 years of independence.

Did you know ?

(a) If all of Singapore's notes and coins in circulation are joined together, they can go round the world five times!

(b) If all of Singapore's currency in circulation is shared equally among Singaporeans, each of us will receive $4829.06!

(c) If all the notes in circulation are put side by side, they would go round Singapore's coastline 633 times!

(d) If all the coins in circulation are stacked one on top of another, they would be 710 times higher than Mt Everest!

(e) Only 1 in 13 Singaporeans will own the Orchid series $25 note.

Last Modified on 26/11/2016