Tan Wei Jie

weijie (at) tanwj.com

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  • 10Nov

    New $100 paper banknotes have been spotted in Singapore a few days ago, carrying the signature of Senior Minister Goh Chok Tong, Chairman of the Monetary Authority of Singapore. Upon obtaining the note, the first thing which I noticed was the difference in intensity of colour on the new $100 note, in particular the dark brown colour.

    New S$100 Singapore Banknotes signed by Goh Chok Tong

    On the reverse of the notes, there are two square dots printed below the word ‘Youth’. Check it out for yourself. The next time you reach for a bill, whether in one of your favourite restaurants, at the bank, at a café or florist – take a closer look! There you will notice the tiny details, like the dots. You might even find other symbols. According to the MAS, there may be other symbols found on the note. My current hypothesis is that these dots represent the year of printing. Since January 2008, $10 notes with one square dot were found in circulation. From October 2009, $10 notes contained two square dots. The former is believed to be printed in 2007, while the latter is believed to be printed in 2008 or 2009.

    Alternatively, these dots may represent the year in which the notes were introduced into circulation. However, the size of the square dots on the $10 polymer notes is slightly larger than that on the $100 paper notes. Additionally, the distance between the square dots on the $10 polymer notes is less than that on the $100 paper notes. Depending on your interpretation, these two symbols may be considered as different.

    Symbols on Reverse of S$100 Singapore Banknotes

    For note collectors, the first prefix for the new $100 notes is believed to be 1AA. In order to learn more about the new $100 notes, we really need your help.

    When you come across a $100 note, please note down the serial number.

    Also, take note of any symbol used at the bottom left corner (see picture). Simply leave a comment below, drop me an email or send me an SMS. This will help us establish a database of serial numbers, as well as their corresponding symbols.

    As the Board of Commissioners of Currency, Singapore (BCCS) and the Monetary Authority of Singapore (MAS) have merged, certain features on the new $100 note have been updated:

    1. The micro-text at the top of the note is updated to ‘Monetary Authority of Singapore’.
    2. The MAS logo and the Singapore Lion symbol are used on the optical variable device (octagonal foil).
    3. When held against light, ‘Singapore 100 Dollars’ is seen in the optical variable device.
    4. The issuing authority, Chairman’s signature and seal have been updated.
    5. The denomination numeral next to the optical variable device is filled with the letters ‘MAS’ in microprint
    6. The text within the lithographic print of the denomination numeral on the right is outlined in green, while the text fill is updated to ‘Monetary Authority of Singapore’.
    7. The logo on the latent image (the olive green patch shaped like a flag) is updated to the MAS logo.

    Why are these notes still printed on paper, not polymer? According to the MAS, polymer notes can last three to four times longer than their paper counterparts. In my opinion, $100 notes are not used as frequently in daily transactions. As a result, they have a longer lifespan than the $2 paper notes. As the cost for printing paper banknotes is slightly lower, the use of paper banknotes for the $100 denomination is believed to be more cost-effective.

    New $1000 paper notes are also reported to be found in circulation starting with prefix 1AA. If you have scans of the obverse and reverse of the $1000 banknote, please send it to me via email. When the scan appears in one of my future posts, I will include your name right below the scan. Anybody knows if there is a new variety of the $10000 note?

    Posted by Wei Jie @ 00:02

13 Reviews

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  • Food Review by Don Cleveland:

    The two square dots you speak of are slightly raised and eanable the blind to identify the note by feeling it.

  • Food Review by Wei Jie:

    Don Cleveland: Well… I do not think it is used for this purpose. There is already such a feature on the top-right corner of the obverse of the note. These square dots are found on the reverse of the note and is not raised. Furthermore, these square dots have also appeared on the $10 notes and $2 notes.

  • Food Review by The:

    /// Don Cleveland Says:
    November 11th, 2009 at 10:23

    The two square dots you speak of are slightly raised and eanable the blind to identify the note by feeling it. ///

    Don – I doubt it is for the blind (some sort of Braille variant). Those for the blind are round dots found on the front of the notes (not the back) – there’s one round dot for the $2 bill and two round dots for the $10 bills.

  • Food Review by Aidan Work:

    Wei Jie,
    It is interesting that the new Singaporean $100 note is a paper note.I had thought that the Monetary Authority of Singapore were going to print all denominations on polymer plastic.

    Both Brunei & Singapore have made it very difficult for collectors to complete a full series through issuing banknotes denominated above B$100 & S$100,especially with notes for $1,000 & $10,000.

    How often does a note denominated above $100 turn up in change?

    You can find a link here,which will be of interest to you; http://www.coinnetwork.com/group/bruneianmalaysiansingaporeannumismatics/ .

    Yours in notaphily,
    Aidan Work.

    Dominion of New Zealand.

  • Food Review by thomas:

    hi i have $2 polymer with identical numbers & i have holding dozen of them, i intend to sell it out..

  • Food Review by Wei Jie:

    Aidan Work: Thank you for sharing the interesting link!

    thomas: Perhaps you may like to try selling them on ebay? The identical numbers for $2 polymer notes are fairly common due to the arrangement of serial number when printing and the high error rate.

  • Food Review by Bin Hee Jum:

    Now they even printed $50 with Goh Choh Tong signature. I just got 3 pieces from ATM today with prefix 3EA with 1 square mark below the word ART

  • Food Review by Wei Jie:

    Bin Hee Jum: Thanks for the information! I’ve just written a post regarding the new $50 notes. I’ve been trying so many ATMs around Singapore, which one did you get your notes from?

  • Food Review by Evon:

    mine comes with prefix of 1AM – 10 of them at the moment

  • Food Review by Wei Jie:

    Evon: Thanks for the information!

  • Food Review by Eric Teo:

    I personally find the current Singapore Yusof bin Ishak banknotes Design, in terms of its’s Art Direction & Creative Direction, is utterly poor & uninteresting. The Orhids and the Birds series were the proudest moment of our time. The boat series were great too. Does anyone know When is the next cycle for Singapore new banknotes.

  • Food Review by Wei Jie:

    Hello Eric, I suppose this series of banknotes might still be around for at least the next 5 years. Certainly, the previous series of notes were more colourful and vibrant in terms of graphics, each featuring something different on the front and back. My guess is that they are trying to follow the worldwide trend of featuring portraits of famous people on banknotes.

  • Food Review by Vincent Tan:

    Hi Eric
    I also looking forward for a complete change
    Hopefully something new like Hybrid Notes.
    Vibrant and colourful. Just like Bermuda lastest issue
    As for images, maybe place of interests or Singapore Landmarks.
    I prefer Singapore waterfront. Since our Gov is selling so hard
    Singapore image. F1, YOG, AYG etc… Banknotes is also 1 of the way
    Let hope we can see the new Banknotes in the near future
    Regards
    Vincent

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