Search the Community
Showing results for tags 'Coins'.
-
No offence but I feel sad for Mr. Lee Kuan Yew, as he continues to be "milked" by the current government. What's next, a new $10 note in 2025 to mark his 10th death anniversary, or a special $80 note to mark his wedding jubilee with Mdm. Kwa? Source: https://www.channelnewsasia.com/singapore/lky100-lee-kuan-yew-commemorative-coins-unveiled-mas-3488726 SINGAPORE: A commemorative S$10 coin marking the 100th birth anniversary of Singapore's founding Prime Minister Lee Kuan Yew was unveiled by the Monetary Authority of Singapore (MAS) on Monday (May 15). Minted in aluminium bronze, the gold-coloured LKY100 coins will be available at face value by application. The coins will have a diameter of 30mm, making them about 22 per cent larger than the Third Series S$1 coins currently in circulation. "The coin pays tribute to his strategic vision, boldness and indomitable spirit that transformed Singapore from a regional trading port to a global manufacturing, business and financial hub, creating opportunities for all Singaporeans," MAS said in a news release. "The design features a portrait of Mr Lee Kuan Yew, accompanied in the foreground by the Marina Barrage, representing Mr Lee's vision to build a freshwater reservoir in the city, strengthening Singapore's water resilience," the central bank added, describing the design on the coin's reverse. "The backdrop is the skyline of the Raffles Place financial district, and two heritage buildings which have witnessed significant milestones in Singapore's history – Fullerton Hotel (formerly the Fullerton Building/General Post Office) and National Gallery Singapore (formerly the Supreme Court and City Hall)." In addition to the Singapore Coat of Arms, the front of the coin features Mr Lee's name, his years of birth and death, the words "100th Birth Anniversary" and a dual latent image that shows the year 1923 when viewed from one angle and the year 2023 when viewed from another. The coin was designed by local artist Weng Ziyan, whose previous works include banknotes commemorating Singapore's 50th year of independence, Singapore's bicentennial and the 50th anniversary of the Brunei-Singapore Currency Interchangeability Agreement. Applications for the coins can be made from Monday until Jun 9 via a dedicated application website. Only Singapore citizens and permanent residents can apply, and each applicant can apply for up to five coins. "If demand is high, applicants may not be allocated the quantity of coins requested, but can be assured of being allocated at least one coin," MAS said. Each applicant will be required to indicate their identity number, mobile phone number and preferred bank branch for the collection of the coins. No upfront payment will be requested. Successful applicants will pay for their coins when collecting them at their selected bank branches. Banks participating in the distribution of the coins include DBS and POSB, OCBC and UOB as well as the Bank of China, HSBC, Maybank and Standard Chartered. Those who require in-person assistance to submit their applications can approach any community club or community centre, or the ServiceSG centres at Our Tampines Hub and One Punggol. Successful applicants will receive SMS notifications from mid-August, and the coins will be available for collection from September. Coins that are not exchanged during the collection window will be made available for exchange at banks by the general public, including non-Singaporeans. The number of coins to be minted will be determined after applications close, MAS said. The commemorative coin was announced earlier this year as part of a series of initiatives to mark the centenary of Mr Lee's birth. The late Mr Lee, who also co-founded the ruling People's Action Party, was born on Sep 16, 1923. He died on Mar 23, 2015, at the age of 91.
-
hi there, nowadays banks charge $1-$1.50 per $50 of $1 coins. That's 3% for changing s'pore money for s'pore money. bros and sis, do anyone know of where to get/change $1 for FOC(if have)? thanks for the suggestions.
-
hi, i understand the banks & Singapore Mints do charge a levy for converting coins to notes. Are there any ways to do it for free? After all these are legal tender! i got around 2k of coins, it's a habit of mine.
-
The design is just like the EURO coins New design Euro coins
-
It might be safer to give the right amount of money to food sellers, and not get back any change from them. A local study has found two types of bacteria on currency notes and coins obtained from a local canteen. The bacteria found are of the S. aureus and B. cereus species, which are among the most common bacteria types that lead to food poisoning. The canteen cannot be named due to an agreement it has with the researchers. Ten two-dollar notes, five one-dollar coins and five 10-cent coins were acquired from the canteen on a day in July for the Lifebuoy Germ Protection Study. Conducted by an independent microbiology laboratory, it found both the notes and coins had bacteria, though the amount was not measured. Source: http://www.straitstimes.com/breaking-news/...-study-20121013
-
Surprised our new series coins are magnetic [stick to magnet],older series are non-magnetic,cut costs.? ,older coins used Nickel based material,new one made of steel.??
-
dear bros, my pant's pockets super shallow and i think i dropped 2 ten cent coins into the parking brake gaps. will there be any implications? i donno wat the gaps lead to.... please advise thanks!
-
Read today ST Forum Page and was amused by one letter send to ST Forum: Quote: "Come Save with POSB but pay $4.50 to deposit coins" "Complainant's son was happy to received a piggy bank in the form of a 'can' from POSB a few months ago. It was distributed in his school, together with a booklet, to encourage young children to put aside some money daily. It took her son a while to fill the 11 cm-tall can to the brim. She then took her son to the bank on Tuesday to deposit her son savings but found to her dismay that a charge would be imposed on the 500-plus coins which amounted to $86.60. Except for the first 200 colins, there was a charge of $1.50 for every 100 coins and $4.50 was deducted from his POSB account promptly. Her son was clearly upset. It demoralised him to know that he would be charged for makingdeposits in coins should he continue saving money." Weired isn't it!!!! POSB encourage young kids to save by giving them free piggy bank in form of 'can' and later impose a service charge should they deposit their coins with them. They should have waived off the charges for kids so as to encourage them to save. Surely, the cashier could tell on the spot whether it from a kids account or from an adults account. BTW Remember when I was a young kid in primary school, we did received a saving card from then "Post Office Bank" to encourage us to save. What we need to do is to purchase a stamp (5 cent) from the school general office or post office and stick it onto the card. When the card is full ($6.00), we are to bring the card & our pass book to the post office and had it stamped on the card and endorsed ($6.00) in our pass book.