Identifying Genuine Currency
Our currency notes and coins have various advanced security features, including visually recognisable, machine-readable and covert features, to minimise the risk of counterfeiting. While the number of counterfeit Singapore currency is very low, the public is advised to be vigilant and to familiarise themselves with the key security features of genuine currency.
Key Security Features of Singapore Paper Notes
Key Security Features of Singapore Polymer Notes
More information on the security features of Singapore currency notes can be found via the links below.
For the Third Series $1 coin, visual security features include:
- Laser mark micro-engraving. The orchid-shaped laser mark on a genuine coin will show a dense micro-pattern of circles under magnification.
- Bi-metallic composition. Attempts to replicate bi-metallic coins are usually made using paint instead of two different types of metal
Counterfeit CoinsHere are some general indicators that a coin may be a counterfeit:
- Milling or edge patterns are uneven, poorly defined and worn off.
- The relief of the design, lettering and characters are not distinct, sharp or well defined.
- Surface of the coin has many pitmarks and appears very porous.
- Diameter, thickness and weight of fake coins are different from the gazetted coin specifications.
- The orientation of the obverse and reverse designs is not aligned.
When in possession of suspected counterfeit currency, one should:
- Refrain from using the currency as circulating counterfeit currency is a criminal offence under the Penal Code.
- Take down the particulars of the person or name of the retailer who dispensed the counterfeit currency.
- Keep the currency in the condition as it was received. If it is a note, do not cut it or write anything on it.
- Approach MAS to verify the authenticity of the currency.
- If the currency is established as a counterfeit, lodge a report at any police station.