(Singapore 15 May 2023) The Monetary Authority of Singapore (MAS) today launched the issuance of a $10 coin to commemorate the 100th birth anniversary of Singapore’s founding Prime Minister, Mr Lee Kuan Yew (LKY100).
Applications, which are only open to Singapore Citizens (SCs) and Permanent Residents (PRs), can be made online at https://go.gov.sg/lky100coin-order from today till June 9, 2023.
All Photos below: MAS
The coin, which is designed by local artist Mr Weng Ziyan, 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.
The LKY100 coin is gold in colour and minted in aluminium bronze. With a diameter of 30mm, it is larger than the current Third Series circulation coins.
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 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 and the General Post Office, and National Gallery Singapore, formerly the Supreme Court and City Hall.
On the other side of the coin, below the Singapore Coat of Arms, a dual latent image features Mr Lee’s birth year ‘1923’ viewed from one angle, and his 100th birth anniversary ‘2023’ viewed from another.
Each applicant for the coin will be required to indicate his/her identity number, mobile number and preferred bank branch to collect the coins. An SMS notification will be sent shortly after the application to confirm that it has been received.
Each applicant can apply for up to five coins. If demand is high, applicants may not be allocated the number of coins requested but can be assured of being allocated at least one coin, MAS said.
No upfront payment will be requested at the point of application. Successful applicants will pay for the coin(s), at its face value of $10 each, when collecting the coin(s) at the banks.
SCs or PRs who require in-person assistance with the online application may approach any Community Club/Centre, or the ServiceSG Centres at Our Tampines Hub and One Punggol.
The LKY100 coins will be available for collection from September 2023. Successful applicants will receive an SMS notification from mid-August 2023, prior to the collection period allocated to each applicant. The SMS notification will include information on the quantity of coins allocated, the collection period and the bank branch allocated. All SMS notifications from MAS for the LKY100 coin will not contain any clickable link nor ask for any upfront payment.
LKY100 coins that are not exchanged during the collection window will subsequently be made available for exchange at the banks by the general public, including non-Singaporeans.