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10 Dollars 10th Anniversary of Independence

Issuer Monetary Authority of Singapore
Year 1975
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Orientation Medal alignment ↑↑
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Reverse description The reverse depicts a merchant freighter moored alongside a commercial wharf, rendered in fine detail to symbolise Singapore's prominence as a maritime trading nation. The denomination '10 DOLLARS' is boldly inscribed in the upper field above the vessel. The designer's initials 'WL', representing William Lee, appear to the right of the ship in the field.
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Reverse lettering 10 DOLLARS WL
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Additional information

Singapore's independence from Malaysia in 1965 was involuntary — the federation expelled the island rather than the reverse, leaving Lee Kuan Yew famously in tears at the press conference announcing the separation. A decade later, with the city-state having defied every prediction of economic collapse, the Monetary Authority commissioned this issue to mark what had become an unexpectedly credible anniversary. The .500 fine silver composition was a deliberate economy; Singapore's finance ministry was not in the habit of sentiment outpacing pragmatism.

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