Sunday, November 21, 2010

1941 Straits Settlements King George VI 5 Dollars

If you guys are wondering what has the Straits Settlements got to do with Singapore Banknotes, heres a short paragraph quoted from Wikipedia.

The Straits Settlements were a group of British territories located in Southeast Asia.

Originally established in 1826 as part of the territories controlled by the British East India Company, the Straits Settlements came under direct British control as a crown colony on 1 April 1867. The colony was dissolved as part of the British reorganisation of its South-East Asian dependencies following the end of the Second World War.

The Straits Settlements consisted of the individual settlements of Malacca, Penang (also known as Prince of Wales Island), and Singapore, as well as (from 1907) Labuan, off the coast of Borneo. With the exception of Singapore, these territories now form part of Malaysia.

And now the 5 dollar note, with foxing, but still a beautiful note with strong paper, in its original sheen and quality.

Wednesday, November 17, 2010

King George 1941 Malaya 1 Dollar Banknote

Recently I have purchased a King George 1941 Malaya 1 Dollar Banknote. It has aged beautifully, without patches of foxing. It is in its original condition, with a light centerfold. In my opinion, it should be graded as EF. This note is also up for trade with fellow collectors or for sale.

Wednesday, November 10, 2010

Most Valuable Banknote in the World from Singapore

Singapore loves to be the first, be it our airport, our air quality and some may even say our government. These are always debatable, but we do have a definite first, which is the fact that we have the most valuable banknote in circulation in the world today.

One of the most valuable banknote in current circulation is the Singapore $10,000 note and is worth more than £4,800 at current exchange rates. The reason that its one of the most valuable banknote is because Brunei has a 10K note as well, and our dollars are pegged to each other. Our first 10K banknote was issued in 1967, while Brunei's was issued in 1989.

The note is used mainly for transactions between banks and plays little role in everyday spending even though it is accepted as legal tender. Nonetheless, it's highly unlikely you could ever use it outside Singapore.

The front of the handsome yellow note features the country's first president, Encik Yusof. The back of the note boasts a detailed reproduction of a computer chip research lab, said by the central bank to reflect "Singapore's drive to create a high-tech manufacturing hub". (

You can read the full article here.

Saturday, November 6, 2010

Orchid Banknotes for Sale or Exchange

I was arranging my notes collection when I found some extra banknotes that I can either sell or exchange with fellow collectors. I have uploaded the scans to the Buy & Sell section. If interested, you can contact me via email to request for a detailed scan.


Singapore Orchid Banknotes Forgeries/Replicas

Singapore banknotes are one of the hardest banknotes to forge or replicate in the world. We have harsh penalties for people who forge our banknotes and use fake notes. However, enforcement may not be as strict in other countries.

As Singapore has one of the highest denomination of banknotes in the world, which is SGD 10 000 on a single note, people tend to forge our 10k banknotes more, especially so for the Orchid notes as they are less technologically advanced and easier to forge. Another reason is that people tend to buy these notes for collection and the forgeries may go undetected for a long long time.

Through my years of collection, I have chanced upon several forged/replica notes online and would like to share with everyone here. Buying a forged 10k note can be a very painful experience. If a deal is too good to be true, please think twice or even thrice. When in doubt, always consult a friend or someone who is more knowledgeable in that area.

Look at this image of the orchid 10k note. I have highlighted the suspicious areas. Do you know what are wrong with them? You can post in the comments sections or discuss in the forum.

Also, there exists another version of the 10k which is a reproduction as a charity ticket. It is easily distinguishable by a red reproduction word printed at the bottom of the ticket.

Thursday, November 4, 2010

Singapore/Malaya 1 Square 1 Cent Coins

Did you know that Singapore used to have 1 cent coins in the shape of a square with rounded ages? These 1 cent coins are even bigger than our 10 cents coin we are using now. In the 1940s-1950s, a few of these 1 cent coins can buy you a meal. The one cent coins issued around the 1940s bear the portrait of King George, while those minted in 1953 bear the portrait of Queen Elizabeth.

Coins are also for sale
1 SGD each

Tuesday, November 2, 2010

Forum Added

Dear Visitors,

I have added a forum to my menu bar. It is quite easy to use and you can use it to ask questions or discuss about collecting banknotes. If you need to sell some of your old banknotes and coins, you are also welcome to advertise and post in the forum!