Collection of LKY100 coins to begin in September
The central bank minted 4 million coins.
The Monetary Authority of Singapore (MAS) revealed that it had minted 4 million Lee Kuan Yew coins, which will address the demand of over 700,000 applications for 3.3 million coins.
The collection period starts from 4 September to 26 November, with each applicant can retrieve their coins at their assigned bank branch.
From 21 August to 30 September, each applicant will get a text message or SMS from MAS, indicating the number of coins they will receive.
There is also an extension period for applicants who cannot collect their coins during their allocated two-week collection period can do so at their assigned bank branch from 27 November to 3 December.
Successful applicants should also take note of the following:
a) Adhere to your allocated collection period and designated bank branch.
b) Check the bank’s website for the operating hours of your designated bank.
c) Bring along your NRIC/birth certificate and the SMS notification sent by MAS.
d) Payment of $10 per coin is to be made at the designated bank branch upon collection.
e) Collection can be done on your behalf during your allocated 2-week collection period and at your designated bank branch by providing a copy of your NRIC/birth certificate, and a screenshot of the SMS notification sent by MAS.
f) All SMS notifications from MAS for the LKY100 coin will not contain any clickable URL link nor ask for any upfront payment
g) To avoid overcrowding at the bank branches, please do not rush to the banks during the first few days of your allocated collection period.
Starting 4 December, all uncollected and remaining coins will be made available to the general public, including non-Singaporeans, at selected bank branches.