Saturday, July 13, 2013

Singapore new $1 coin popping out?

Today, Singapore Straits Times share a few pictures of Singapore new $1 coin middle popping out from it ring. They found the pictures shared via Twitter. So far, They has found three different pictures of a $1 coin with the middle missing.

The Monetary Authority of Singapore (MAS) reply that the Bi-metal coin will only separated with extreme force, adding that it was an offence to mutilate coins, and that the matter was being investigated by police.

new $1 coin

For your information, Canada Toonies also has the same problem in the first shipment of the coins. It could separate if struck hard or frozen, as the centre piece would shrink more than the outside. This problem was quickly corrected by the Royal Canadian Mint. Toonie popping is a normal thing in a few month of its introduction.

The Canada 2 dollar coin was introduced on 19 February 1996 by Public Works minister Diane Marleau. The Toonie is a bi-metallic coin and Canada adopted the patented technology to make these coins from Italy. The engineer, and head of the Italian Mint, Dr. Nicola Ielpo, patented the technology of interlocking two metals in coins in 1990.