c o m m e m o r a t i v e

there are approximately 1,466+/- pieces of Commemorative banknotes issued, excluding those repeats

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Total commemorative banknotes issued is under 900 pieces. If you have achieved any figures close to this, then you are doing extremely well, as many of the older commemorative notes are hard to find even in poor conditions.

Opinion: Many collectors of commemorative banknotes would have came across with those Somaliland sets overprinted with gold and silver texts with the following wordings - 5th Anniversary of Independence 18 May 1996 [Sanad Gurade 5ee Gobanimadda 18 May 1996]. I believe these are home made and not authourised by the central bank. My argument is simple. No central banks would have issued an overprint commemorative banknote that the texts are so large that it would covered the two signatures on the note as well as part of the serial numbers. Even if these are genuine notes, then these could be issued as souvenir sheet and not as legal tender. As I said before, this is my opinion. If you have paid top dollars for these, please think about my argument. There is always a sucker around the corner!

01 November 2015

Singapore - 2015 Independence Commemorative SG50 Numismatic Currency Sets $50

Fifty Dollars
Dated 2015
Reverse
Singapore celebrated it's Golden Jubilee Independence on the 9.9.2015 and issued a set of banknotes ($50 x 1 and $10 x 5) to commemorate this special occasion. In addition to this, the Central Bank, in partnership with Noel Gifts of Singapore, also issued the following numismatic products (SG50 Numismatic Currency Sets) in special folders; -

S1 - $50 single note with special prefix SG50 in blue (qty 50,000) @S$85 each;
S2 - $50 sheet of 3-in-1 Uncut (qty 5,000) @S$400 each;
S3a - $10 sheet of 3-in-1 Uncut variety A (qty 50) @S$200 each;
S3b - $10 sheet of 3-in-1 Uncut variety B (qty 50) @S$200 each;
S3c - $10 sheet of 3-in-1 Uncut variety C (qty 50) @S$200 each;
S3d - $10 sheet of 3-in-1 Uncut variety D (qty 50) @S$200 each;
S3e - $10 sheet of 3-in-1 Uncut variety E (qty 50) @S$200 each;
S5 - Full set with matching serial numbers (qty 5,000) @S$300 each;
S6 - $50 single note with $5 Silver proof coin (qty 1,000) @S$300 each;
S7 - $50 single note with $50 Gold proof coin (qty 150) @S$1,400 each; and
S8 - Platinum set banknotes with $2 CN, $5 Silver and $50 Gold coins (qty 100) @S$2,000 each.

The above folder issues were distributed by a company called Noel Gifts International Ltd. The sales were offered to the public on a pre-order basis between 18.08.2015 and 11.09.2015. All items were sold out with the exception of item no 1. As demands exceeded supply, items 2 to 11 were placed on a balloting process to determine the lucky winners. To me, this is a much fairer system as everyone has the same equal chance of getting what they wanted, rather than the first come first basis method they did in the 2007 $20 Commemorative notes set. Those who missed out on the 2007 $20 polymer commemorative notes set will know what I meant. In that serial, the entire 10,000 folder sets were sold out within 24 hours of opening to the public.

Whilst some of the items offered were very limited, especially the $10 3-Uncut sheets, it is not sure if more will be made available to collectors at a later date. I have a feeling that the above limited editions may only referred to the numismatic items in a folder issued in this content, perhaps with the exception of the $50 note (qty 50,000). Nothing was mentioned that these are the only uncut sheets ever printed available to collectors. Additional notes may be available by itself without the folder. In general, 50 sheets of 3-Uncut for the $10 note is very low especially for such an importance celebration. I am sure many local collectors would be very disappointed for not getting at least one piece. If you managed to get one at cost, then you are a very lucky person. Time will tell if we will see more of these at a later date. For the sake of the collectors, I hope we will.

Here I have posted the $50 single note with serial numbers in blue colour. The prefix for this is SG50, difference from those normal issue. At the moment, the price for this issue is still very affordable if you can't get one directly from the distributor. At the time of my posting, this folder is still available for sale at Noel Gifts.
Front Cover

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