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Total commemorative banknotes issued is under 1,500 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 come 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" (or fake) and not authorised by the central bank. My argument is simple. No central bank would have issued an overprint commemorative banknote that the texts are so large that it would cover 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 sheets 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, including me of course!

All comments are most welcome but it has to be subjects related to banknotes or banknotes collection. If not, it will not be approved. Thanks

02 November 2015

...Singapore - 2015 Independence Commemorative SG50 Numismatic Currency Sets 3-in-1 Uncut

Fifty Dollars - Three In One Uncut Sheet
Dated 2015
Reverse
Here is another numismatic product issued to commemorate Singapore Independence Golden Jubilee 1965-2015. A total of 5000 sheets were offered to the public at an issue price of S$300 per sheet/folder. This $50 3-Uncut sheet is also printed with the special prefix/serial number of SG50 in blue and gold/brown colours (normal notes printed with just gold/brown colour and not with SG50 prefix). Based on the total single notes issued i.e. S1 (50,000), S2 (15,000), S5 (5,000), S6 (1,000), S7 (150) and S8 (100), which give us a grand total of 71,250 individual notes. However, I have sighted a single note with serial number commencing 090000+. In view of this, one can arguably say that at least 100,000 pieces were printed, unless the serial numbers used for this series were not printed in sequential order from say #000001 to #071250. Here I have not included those rejected notes that may have errors or flaws during the manufacturing process as I do not have such information with me. It is also not known if any replacement prefix is used either, however, if these notes were printed by NPA, then one would not expect any. From the above, it is fair to say that only 71,250 notes (including the 3 Uncut Sheets) were sold by Noel Gifts International Limited in various presentation folders. MAS may have retained certain quantities, either for their archive or to be sold, most likely via public auction, at a later date. Such notes would have low and fancy serial numbers printed on it, perhaps also including other uncut sheet varieties i.e. full sheet, half sheet, 8 uncut sheet etc. Your guess is as good as mine!
Front Cover

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