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SG to introduce new coins in mid 2013


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The design is just like the EURO coins -_-

 

 

New design

 

559892_10151307300812934_1419848_n.jpg

 

Euro coins

 

euro-coins.jpg

 

 

SINGAPORE: Singapore will have a whole new set of coins in circulation by the middle of this year.

 

The existing series, depicting Singapore as a garden city, has been around for more than 25 years.

 

But they'll soon make way for the third series - featuring new and updated landmarks.

 

For example, HDB flats - home to more than 80 per cent of Singaporeans - will be featured on the 10-cent coin... and the Esplanade on the 5-cent coin.

 

And to make it easier for the visually-impaired, the denomination numerals have been enlarged.

 

The coins will also increase in size according to denomination.

 

Foo-Yap Siew Hong, Assistant Managing Director of the Monetary Authority of Singapore (MAS), said: "We need to renew for two purposes. One is to update the designs, as well as to put in anti-counterfeiting measures, such as the dollar coin for example, you put in the bi-metallic content as well as the Vanda Miss Joaquim as an additional feature."

 

MAS says it is working with transport operators and vending machine operators to ensure coin-operated machines are calibrated to accept both old and new coins.

 

And to ensure a smooth transition, the current series will continue to be legal tender, as they are phased out over the next four years.

 

- CNA/de

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HDB on 10 cents... that shows how much "worth" HDB is in terms of pecking order.. -_-

 

I hope our economy don't follow the fate of EU after the coins are introduced! [laugh]

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Is it still copper-nickel coins or now steel coins?

 

Alot of countries making the move to steel coins cos copper-nickel too expensive already.

Sure boh??? Then thieves can use magnets to steal the steel coins liao....... [laugh]

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As long as it's same size, they wan to do what also can, don't be like our neighbour, change all the size of their coins, make is so difficult to use, their 10RM and 20RM note similar colour, so many kena cheated......

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age-dee-bee on 10 cents coin and liew-lian kak on 5 fents coin......so let me guess: one dollar coin is lao lee's face !!!

[laugh] [laugh] [laugh]

Or maybe Michael Palmer's??? :ph34r:[laugh]

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HDB on 10 cents... that shows how much "worth" HDB is in terms of pecking order.. -_-

 

Errr... so the Esplanade is worth 1/2 of all the HDB flats and Airport is worth 2x cos they bring in the FT? [:p]

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age-dee-bee on 10 cents coin and liew-lian kak on 5 fents coin......so let me guess: one dollar coin is lao lee's face !!!

[laugh] [laugh] [laugh]

 

$1 coin is merlion which doesn't spit out water. [:/]

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$1 coin is merlion which doesn't spit out water. [:/]

 

 

merlion that doesn't spit out water.....is still merlion meh??

 

[idea] [idea] [idea]

Oh...i know liao......the Merlion havent drink yet, so not drunk !!!!

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let's see who can spot the feng shui features on the new set of coins soon.

 

the ba-gua is still on the $1 coin, this won't change.

 

maybe... some new feature to prolong health? [laugh]

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