Singapore Portrait Series Specimen 10,000 Dollars (10K)

This banknote has one of the largest denomination (real value) in the world with a face value of 10,000 Singapore dollars which is almost USD 8000. As Singapore has a Currency Interchangeability Agreement with Brunei, the Brunei 10,000 dollars note ties for the largest denomination (real value). 

The note featured in this post has a mintage of 5000 pieces and is printed on real currency paper and has all the exact anti-counterfeit features on the actual note. This note belongs to the 4th set of currency notes issued by the Monetary Authority of Singapore (MAS). 

I have also featured the 2nd series Bird 10000 notes earlier in this post. In total, to date, Singapore has printed 4 designs of the 10000 notes, namely the Orchid, Bird, Ship & Portrait series.

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". (uk.msn.com)

You can read the full article here.