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5 Dollars Gold Bullion
| Issuer | Board of Commissioners of Currency, Singapore |
|---|---|
| Year | 1983-1984 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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| Obverse description | The obverse features the Arms of Singapore centrally positioned in the field, depicting a shield supported by a lion rampant to the left and a tiger rampant to the right, with a crescent moon and five stars above on the shield. The legend SINGAPURA appears along the upper periphery in Latin script, flanked by the country name in Tamil script (சிங்கப்பூர்) to the left and in Chinese characters (新加坡) to the right. The date appears in the lower central field beneath the arms, with SINGAPORE inscribed along the lower periphery in Latin script. The design is rendered in high relief against a polished field. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | SINGAPURA சிங்கப்பூர் 新加坡 1984 SINGAPORE (Translation: Singapore) |
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| Additional information |
Singapore's gold bullion program launched in the early 1980s as the city-state positioned itself as a regional precious metals trading hub, competing directly with Hong Kong for institutional and retail bullion business across Southeast Asia. The Board of Commissioners of Currency — dissolved in 2002 when its functions transferred to the Monetary Authority — issued these pieces under a mandate that prioritized investment accessibility over commemorative prestige.
The half-troy-ounce format was a deliberate choice to undercut the entry cost of the one-ounce Krugerrand, then the dominant retail bullion coin globally.