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2 Dollars Year of the Monkey, Silver Proof

Issuer Monetary Authority of Singapore
Year 2004
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Engraver(s) Christopher Ironside
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Obverse script Latin, Tamil, Chinese
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Reverse description The reverse presents a stylised depiction of a monkey rendered in a bold, graphic artistic style against a deeply mirrored field, set within an ornate border of intertwined foliage and floral motifs executed in fine relief. To the upper left of the monkey figure, the Chinese cyclical characters 甲申 denoting the Year of the Monkey are prominently displayed. The denomination $2 appears in the lower central field, with the metallic specification legend 20 GRAMS 999 FINE SILVER inscribed along the lower rim. An engraver's signature is visible in the lower central area of the design.
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Additional information

Singapore's Lunar New Year coin program has run continuously since 1981, when the Monetary Authority issued its first zodiac piece for the Year of the Cock. The 2004 Monkey issue falls in the ninth cycle of that series. Mintages for the proof silver pieces have historically been tightly controlled, with the MAS issuing them in presentation sets targeting both domestic collectors and the overseas Chinese diaspora market — a significant consideration given Singapore's demographic composition and its role as a regional financial hub.

The Monkey year holds particular commercial weight in Chinese numismatic markets; born-in-the-year collectors drive secondary demand well above face value on most issues in this zodiac position.

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