Media Releases
Published Date: 16 July 2002

Issue of 2002 Singapore Lion Bullion Coins



16 Jul 2002... The Board of Commissioners of Currency, Singapore (BCCS) is pleased to announce the issue of the 2002 Singapore Lion Gold Bullion Coins on 7 August 2002.

Coin Design and Weight

2   This is the last in the series of Singapore Lion Gold Bullion coins of 999.9 fine gold issued since 1991 that bear the privy mark.  A total of 5 coins weighing 1 troy ounce, ½  troy ounce, ¼  troy ounce, 1/10 troy ounce and 1/20 troy ounce with face value of $50, $20, $10, $5 and $1 respectively will be issued. They are struck in proof and brilliant uncirculated versions to set them apart from the ordinary bullion coins.

3   Each coin bears the design of a majestic roaring lion's head on the reverse and the Singapore Arms with year-date 2002 on the obverse. 

2002 Singapore Lion Gold Bullion Proof Coin Set

4   The proof coins are sold in sets of five coins (full set) and sets of four coins (short set, excluding the 1 troy ounce coin).  The following features are incorporated in the proof sets:

a) Latent Image

In addition to the lion's head, a latent image of a horse's silhouette and two Chinese characters¸  can be seen on the 1 troy oz coin when viewed from two different angles.

b) Serial Numbering

Serialised numbers corresponding to that of the Certificate of Authenticity is individually engraved on the ½ troy ounce proof coin.  As no two sets will bear the same number, each set is therefore a unique collection.  The engraving process is a combination of craftsmanship and technology with the use of precision instruments to prevent damage to the coin surface.

c) Ingot Design

The ingot, which feature the magnificent architecture of old and new Supreme Court buildings serves to salute the establishment of Singapore's judiciary since independence.

Limited Worldwide Mintage

5   Mintage of the proof set is limited to 400 and 600 sets respectively for the full and short sets worldwide.

6   Each full set is priced at $2,368 (GST inclusive) and the short set at $1,368 (GST inclusive).

Exclusive Gift

7   Every purchase of the 2002 Singapore Lion Gold Bullion Proof Coin Set comes with a gift, an unique ez-link card, capturing the thematic essence to salute the Singapore Judiciary.

Sale of Proof Coin Set

8   The Singapore Mint, our sole sales agent, is authorised to market the 2002 Singapore Lion Gold Bullion Proof Coin Sets.

9   Details of the sale will be published in mail order advertisement in the LianHe ZaoBao and Straits Times on 18 July 2002 and 19 July 2002 respectively.

10   Order forms are also available from:-

a) All The Singapore Mint retail outlets at:
  
The Singapore Mint Coin Gallery
20 Teban Gardens Crescent
Singapore 608928
Tel : 6566 2626

Coin City & Only Gold
Suntec City Mall
3 Temasek Boulevard #01-086
Singapore 038983
Tel : 6339 0886

Orchard Showroom
Orchard MRT Station #B1-18
437 Orchard Road
Singapore 238878
Tel : 6735 0012

Starhub Centre
51 Cuppage Road #01-07
Singapore 229469
(Opens on 12th August 2002)

b) BCCS's office at 
109 Pasir Panjang Road
Currency House
Singapore 118536
Tel : 6349 4660

c) The Singapore Mint website at:
http://www.mint.com.sg


11 Completed order forms can be submitted at The Singapore Mint retail outlets or faxed to The Singapore Mint at 6565 2626/6567 2626.  You may call The Singapore Mint at Tel: 6566 2626 for enquiry during and after office hours.  The closing date for mail orders is 2 August 2002.

2002 Singapore Lion Gold Bullion Coins - Brilliant Uncirculated Version

12   Mintage of the Singapore Lion Gold Bullion Coins in brilliant uncirculated finish will be according to demand.  From 7 August 2002 onwards, the coins will be available from The Singapore Mint and the selected branches of the following bank:

       United Overseas Bank Ltd    
       Tel : 6539 2887

13   Interested buyers may call the bank to find out the branches that are selling the coins.  The  bank as well as The Singapore Mint also undertake to buy back the brilliant uncirculated bullion coins at the quoted prevailing gold price.  Enquiries may also be directed to our sales agent, The Singapore Mint at telephone number 6566 2626.