Commemorative Lee Kuan Yew coins available for walk-in exchange at bank branches from Dec 4

SINGAPORE: The commemorative S$10 coins marking the 100th birth anniversary of Singapore’s founding Prime Minister Lee Kuan Yew will be available for walk-in exchange at bank branches from Dec 4.

The Monetary Authority of Singapore (MAS) announced on Wednesday (Nov 22) that the general public can walk into 142 participating bank branches from Dec 4 to Dec 31 to exchange for the LKY100 coins.

Those who did not manage to apply online earlier, or those who would like to have more LKY100 coins, can walk in to exchange during this period. More than 700,000 coins will be available.

Members of the public should bring along their NRIC, passport, or work pass for the exchange. There is no restriction on the number of coins that can be exchanged, subject to stock availability at each bank branch, MAS said.

Those who applied for the coins earlier but have not collected them are reminded to do so at their designated bank branch by Dec 3. After this date, all uncollected and remaining coins will be made available for the walk-in exchange. 

A total of four million LKY100 coins were minted to meet the demand of over 700,000 applications for 3.3 million coins during the online application exercise, MAS said in August. The remaining coins were made available for the general exchange.

Successful applicants for the LKY100 coins were allocated a two-week collection period during the window of Sep 4 to Nov 26, and a designated bank branch to collect the coins.

The gold-coloured LKY100 coins, unveiled in May, are minted in aluminium bronze and have a diameter of 30mm, making them about 22 per cent larger than the Third Series S$1 coins currently in circulation.