Singapore First Bank Note Series

As mentioned in my previous post, Singapore had her first set of banknotes issued in 1967, 2 years after independence, and has 9 denominations. (1, 5, 10, 25, 50, 100, 500, 1000, 10000)

Each note has an orchid design in the centre of the note's front, the orchid being the national flower of Singapore. A scene of Singapore is depicted on the back, which varies across denominations. Standard on each note, is the Coat of Arms, a lion head watermark, and the signature of the Minister for Finance and Chairman of the Board of Commissioners of Currency, Singapore, on the front of the note. The security feature back then was the watermark and security thread. All notes have one vertically embedded security thread, while the $10,000 note has two.

For collectors, there are 4 variation of each note, i.e. the different signatures which are found on the note. The 4 variations are by name by, Mr Lim Kim San, Dr. Goh Keng Swee, Dr. Hon Sui Sen (With and without red seal). These variations are priced differently accordingly to the supply of each note. Generally, Dr. Goh's notes commands the highest price, followed by Dr. Hon without red seal, Mr Lim and lastly Dr. Hon with red seal.