New commemorative coin released by MAS
A commemorative S$10 was recently released to mark the 100th birth anniversary of the country’s founding Prime Minister Lee Kuan Yew.
The gold-coloured LKY100 coins are available at face value upon application. It is 30mm wide, making it 22% larger than the Third Series S$1 coin.
More from OMY: MAS reveals new line of 2023 Year of the Rabbit Coins
“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,” said the central bank 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,” MAS added.
“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).”
Aside from the Singapore Coat of Arms, the front also showcases Lee’s name, his years of birth and death, “100th Birth Anniversary,” and a dual latent image showing the years 1923 and 2023.
The coin was designed by Weng Ziyan, a local artist whose previous works include banknotes that commemorated Singapore’s 50th year of independence, among many others.
Coin applications will start on 9 June via this website.
Only Singapore residents and PRs can apply, and each applicant can only get up to 5 coins.
Banks participating in the coin distribution include OCBC, UOB, POSB, Bank of China, Maybank, SC, and HSBC.
Successful applicants will get an SMS notification in mid-August. The coins will be available for collection starting in September.
The late prime minister co-founded the ruling People’s Action Party. He was born on 16 September 1923 and died on 23 March 2015 at age 91.
More from OMY: No change in SG monetary policy, says MAS