8.21.2015

SG50 Commemorative Notes : 10 ''Fun' Facts



SG50 has lots of collectible items available for Singaporeans. From SG50 Lego sets to SG50 NDP Fun packs, there are many innovative items that Singaporeans love to collect. For many, collection of such mementos are meant as reminders to this significant milestone. For some it meant big business in terms of making a tidy profit through this collection frenzy.


The ultimate SG50 collectible item has just been announced and it is apparent by queues longer than McDonald's Hello Kitty, that this is THE SG50 item to collect.

Presenting the SG 50 Commemorative Notes. Here are some fun facts that you might not notice with this commemorative set.

1 It comes in 6 designs

SG50 50 Notes
The SG50 commemorative notes comes in 6 designs. There is a redesign $50 note and 5 redesign $10 Notes.

The $50 note will probably be the 'star' of this collection.

The $50 note highlights Singapore’s history, transformation and future. It shows the late Mr Lee Kuan Yew, Singapore’s first Prime Minister, shouting "Merdeka!" – the rallying cry of our independence struggle. The note makes distinctive use of the colour gold, reflecting Singapore’s Golden Jubilee

No doubt the appearance of the Late MR Lee on the note will make it collectible due to its significance.
SG50 10 Notes
The five $10 notes have a common front design and varying back designs depicting the theme ‘Vibrant Nation, Endearing Home’. Each note reflects a value or aspiration that defines this theme:
  • ‘… regardless of race, language or religion…’
  • ‘Opportunities for All’
  • ‘Safe and Secure’
  • ‘Strong Families’
  • ‘Caring Community, Active Citizenry’.
2 You can collect it at the following banks at Face Value
The public can exchange the SG50 commemorative notes at face value at branches of nine major retail banks from 20 August 2015 onwards.
  • DBS Bank/POSB
  • Oversea-Chinese Banking Corporation
  • United Overseas Bank
  • Bank of China
  • Citibank
  • Industrial and Commercial Bank of China
  • Malayan Banking Berhad
  • Standard Chartered Bank
  • The Hongkong and Shanghai Banking Corporation
Foreigners can collect from October 1st onwards.

3 It is not a limited edition, unless you consider 1.75 Billion Limited
There are 20 Million $50 notes and 75 Million $10 notes printed for this commemorative notes. In other words, there should be sufficient notes for each Singaporeans.

4 There is a Quota for collection


To ensure everyone gets a fair share, each Singaporean can collect up to 5 sets of the notes at face value per transaction. However knowing how 'Kiasu' we can be, it would not be surprising to see people heading to 5 different banks per day to collect 5 sets each for the next 5 days. If you do the maths, it could be physically possible to collect 125 sets in a week!

5 Don't forget the unique folder that comes with it!

To enhance the value of the set, don't forget to collect the folder that comes along with it.
Each set comes with a red commemorative box, a gold folder and a red commemorative booklet.


There is a footnote on the inside of the folder

The best part, it will showcase your notes really well. There are a total of 2.8 Million folders printed. Each person can collect up to 2 sets per transaction if you exchange more than 2 full sets of the notes. No minimum is required to collect a folder . You can collect a folder when you exchange any note.

* Updated :  There will be an additional 6 million folders printed due to the earlier typo and demand. That means more than enough to go around Singapore!


6 Complete your collection with the SG50 coin set

Source :MAS
To complete your collection, you can get the SG 50 coin set to add to your collection. Unfortunately they are sold out and you may have to purchase them at a premium second hand.

7 You can double your money in a 24 hours...


If you can sell them at Carousell!

To demonstrate the entrepreneurship of Singaporeans, there are at least 100 for sale postings of the commemorative sets within 12 hours of the launch. We spotted one going for a mere $200.

Frankly, given the number in circulation, we would think that amount is achievable if you still have the full set intact by SG100!


8 There are REAL limited sets on Sale
Source : Noel

The REAL limited edition sets are an exclusive collection of seven limited edition SG50 numismatic currency sets. We think these sets will be more worthwhile in the future if you are into collection notes. For details on prices and orders, you can refer to the online site at http://www.sgnumismatic.com. Hurry as sets are limited and over-subscription will lead to balloting.
Orders are to be place by 11 September.

9 You can do magic with it


See how 1965 transform to 2015 on the $50 note and how the SG50 banner changes colour on the $10 note. We can only go WOW!



10 There is a major typo on the commemorative note set
Yusok?
Our first president name is Yusof Ishak.

Someone forgot to proof read the final output and rename him as Yusok.

Honestly it is hard to blame them since errors often occur on this website.... but ... but.... this is THE SG50 memento of the year.

Read all about it here.
Source
Facepalm lah!




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