Are you an avid coins or notes collector? If you are, check out the new $10 coin to commemorate the 100th birth anniversary of Lee Kuan Yew.
MAS launched this limited edition of the gold-coloured LKY100 coin at the MAS website. Each coin is sold at face value of S$10. However, the application for purchase is through ballot application, with maximum coin application of 5 coins per person. Depending on the number of applications, each applicant may be getting one coin to five coins.
The application for purchase are open to Singaporeans and Singapore PR from now till 9 June.
How To Purchase Online
You can submit your application to purchase the LKY100 coin online, and choose where to collect your coins. On completion of your application, a sms message will be sent to your registered mobile immediately to inform you that an official notification of your successful bid will be sent to you from mid August 2023 through sms, with collection starting in September.
No upfront payment is required, payment can be made at the time of collection at your selected bank branch. once you receive the sms confirmation in August.
You are reminded that the message will be sent to you with no clickable link and purchase or collections will be via the outlet that you choose at the application.
Collection of the coins can be made at the nearest outlet in DBS and POSB, OCBC and UOB as well as the Bank of China, HSBC, Maybank and Standard Chartered.
In fact, people who require in-person assistance can also submit their applications via any community club or community centre, or the ServiceSG centres at Our Tampines Hub and One Punggol.
LKY100 Coin at Face Value of S$10 per piece
The coins will be minted in aluminium bronze. 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.
This special 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.
Remember to submit your application before 9 June 2023.
You should be receiving your sms by today, 22 August or the next few days, to inform you of the success of your application. The sms will have information of the number of coins allocated for purchase, place and time of collection. You are to show your successful sms and NRIC at the point of collection.