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5 Dollars Gold Bullion
| Issuer | Board of Commissioners of Currency, Singapore |
|---|---|
| Year | 1983-1984 |
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| Value | 5 Dollars |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin, Tamil, Chinese |
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| Reverse description | The reverse presents a dynamic composition featuring a confrontation between a dragon and a phoenix rendered in high relief, symbolizing prosperity and good fortune in Chinese iconographic tradition. The dragon is depicted in the upper left with claws extended, while the phoenix occupies the lower portion of the field with wings spread and tail feathers unfurling. Two stars flank the upper legend. The circular legend reads FIVE DOLLARS along the upper periphery and HALF OUNCE OF 999 FINE GOLD along the lower periphery, both in Latin script. |
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| Additional information |
Singapore's gold bullion program launched in the early 1980s as the city-state positioned itself as a regional precious metals trading hub, competing directly with Hong Kong for institutional and retail bullion business across Southeast Asia. The Board of Commissioners of Currency — dissolved in 2002 when its functions transferred to the Monetary Authority — issued these pieces under a mandate that prioritized investment accessibility over commemorative prestige.
The half-troy-ounce format was a deliberate choice to undercut the entry cost of the one-ounce Krugerrand, then the dominant retail bullion coin globally.