2 Dollars BCCS

The Board of Commissioners of Currency Singapore — BCCS — was dissolved on 1 October 2002 when it merged with the Monetary Authority of Singapore, making all notes issued under that authority terminal issues. The 1999-dated series was among the last printed before that institutional end, though the notes themselves continued as legal tender.

Pick 38 is a commemorative piece, not a circulation note — issued for the millennium and sold in presentation folders rather than distributed through banks. That origin largely explains why worn examples are essentially nonexistent.