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5 Cents magnetic

Issuer Monetary Authority of Singapore
Year 1980-1984
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Currency Dollar (1967-date)
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Obverse lettering 1980 SINGAPORE 5 CENTS
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Mintage 1980 - - 12,001,000
1981 - - 23,866,000
1982 - - 24,413,000
1983 - - 4,016,000
1984 - -
Additional information

Singapore switched its 5-cent piece to copper-nickel clad steel in 1980 as part of a broader effort to reduce production costs — the underlying steel core made these noticeably magnetic, which caused intermittent problems with vending machine acceptors calibrated for the earlier cupro-nickel pieces. The transition was quiet and administratively unglamorous, driven entirely by economics rather than any redesign mandate.

The KM#2a designation separates this magnetic variety from its non-magnetic predecessor, a distinction that matters more to collectors than it ever did to the Singaporean public.

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