200 Dollars Year of the Rat

Singapore's Lunar Series gold issues are struck by the Singapore Mint under commission from the MAS, and the 155-gram format places this squarely among the largest bullion-adjacent commemoratives in the series — a size tier introduced to compete directly with the Perth Mint's kilo-adjacent lunar offerings in the regional collector market. The 2020 Rat issue marks the beginning of the third cycle of the twelve-year series for Singapore, the first cycle having launched in 1996.

Gold at .9999 fineness, rather than the more common .9990, has been a consistent specification for Singapore's premium lunar pieces, reflecting the Singapore Mint's long-standing refinement capabilities and the expectations of Southeast Asian buyers, for whom four-nines purity carries significant premium value.