Two Dollars
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Dated 1992, P31A |
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Reverse |
Singapore - $2 Commemorative 1992. This is one of the rarer Singapore
commemorative notes released in 1992 (3rd October) celebrating the tiny
nation's 25th Anniversary of issuing it's own currency 1967 to 1992. The
Board of Commissioners of Currency Singapore or BCCS (central bank) was
established on 7.4.1967 following the breaking up of the monetary union
between Singapore, Malaysia and Brunei. Prior to that, these three
countries were using the common currency called the Malaya and British
Borneo Dollar. Following the establishment of BCCS, the country issued
it's first banknotes (Orchard series) in 1967. On 01.10.2002, BCCS merged
with the Monetary Authority of Singapore (MAS), which then took over
the responsibility of the issuance of currency in the Republic. The
design of this commemorative is the same as the $2 Ship series
(1984-1998) but with overprint commemorative text added on the right
side of the note. This note is also considered as an 'Error' note as it
has a spelling error on the commemorative text. The word "Commissioners"
was spelled with the second "i" missing. Only 5,000 notes were issued
at the official price of S$60.00 and were released together with a book
called "Prudence at the Helm". Unfortunately I only got this note but
not with the book and therefore I can't describe anything about the
book. This note finally completes my collection of all commemorative
notes (single note) of Singapore. Collecting older paper banknotes from a
hot and humid environment, such as in Singapore, is always a challenge
as one has to avoid buying a note that may have foxing on the note,
especially if they are not cheap. Given that this note was first issued
in 1992, and if the note was not kept in a cool and dry environment,
chances are you will find them with yellowish spots on the note by now.
This note has been graded by a banknote professional firm and was graded
as EPQ 65 Gem Uncirculated.
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