Catalog
| Issuer | Monetary Authority of Singapore |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1967-date) |
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| Obverse description | The obverse is dominated by a central intaglio vignette of the bulk carrier Neptune Canopus rendered in red against the Singapore city skyline, overlying a multicolour guilloche underprint. Denomination and issuing authority are inscribed in Singapore's four official languages — English, Malay, Chinese, and Tamil — arranged around the central design. The signature of the Minister for Finance appears below the vignette, accompanied by the legal tender declaration. |
|---|---|
| Obverse lettering | SINGAPORE SINGAPURA 新加坡 சிங்கப்பூர் SINGAPORE BULK CARRIER This note is legal tender MINISTER FOR FINANCE TEN THOUSAND DOLLARS |
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| Comments |
The S$10,000 note is one of the highest-denomination banknotes ever issued for general circulation anywhere in the world. Singapore's decision to maintain it reflected the city-state's role as a regional financial hub where large cash transactions between institutions were routine enough to justify the denomination in physical form. Most central banks had long since abandoned notes at this level, treating them as instruments of illicit finance rather than legitimate commerce.
The Monetary Authority of Singapore eventually demonetized the S$10,000 — along with the S$1,000 — in 2021, citing money-laundering concerns. Notes from the 1989 series remain legal tender but are effectively off the market.