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| Issuer | Board of Commissioners of Currency, Singapore |
|---|---|
| Year | 1983-1984 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | 3.11 g |
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| Obverse description | The obverse displays the Singapore Arms of State in the central field, featuring two upright lions as supporters flanking a shield charged with a crescent moon and five stars, above an open scroll bearing the national motto 'MAJULAH SINGAPURA'. The legend 'SINGAPURA' arcs along the upper periphery in Latin script, flanked on the left by the Tamil inscription 'சிங்கப்பூர்' and on the right by the Chinese characters '新加坡'. The date of issue appears in the lower central field, with 'SINGAPORE' inscribed along the lower rim in Latin script. |
|---|---|
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| Edge | Reeded |
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| Additional information |
Singapore's bullion program launched in the early 1980s as the city-state positioned itself as a regional financial hub, and the Board of Commissioners of Currency issued these pieces during a period when gold investment products were proliferating across Southeast Asian markets. The timing coincided with gold's post-1980 price correction, when spot had fallen sharply from its January 1980 peak of $850 per troy ounce.
KM#28 spans two calendar years of issue, 1983 and 1984, with the BCCS retaining monetary authority over coinage until the Monetary Authority of Singapore absorbed those functions in 2002.