The Monetary Authority of Singapore (MAS) has launched three coins to commemorate the Singapore 2010 Youth Olympic Games (YOG). Officiating the launch at the Games Superstore along Orchard Road was Senior Parliamentary Secretary (Ministry of Community Development, Youth and Sports) Teo Ser Luck and SYOGOC chairman Ng Ser Miang. The gold, silver and bi-metal copper-nickel coins are legal tender at S$10, S$5 and S$2 respectively and are set to be a collector's item.
Photo by Straits Times Singapore: A youth showing the silver proof like coin.All the coins feature the Singapore 2010 emblem, mascots Lyo and Merly, and the distinctive Olympic rings. The obverse of the coins bears the Singapore Arms with the year-date 2010. The gold coin retails for S$850, the silver at S$130 and the bi-metal coin at S$29. The silver piece is also Singapore's first hologram coin. To ensure their appeal, four medallions can be added to form a set. The coins are limited edition, with mintage of 5,000 pieces of 1/4 oz 999.9 gold coin, 10,000 of 1 oz 999 fine silver and 30,000 of the bi-metal coin.
Photo by Channel NewsAsia: YOG 2010 coin set.Yip Pak Ling, director, Singapore Mint, said: "In every Olympic, there's always a coin being issued to commemorate the event. So Singapore being the first country to host the Youth Olympic, it's also very appropriate to adopt the same tradition as the Olympic to have a coin to mark the event."
Teo Ser Luck, Senior Parliamentary Secretary for Community Development, Youth & Sports, said: "This is the first Youth Olympics Games. So it's not just a commemorative, a collector coin. But it's actually the first, for the first Games, for the world and for Singapore as well."
Photo by Channel NewsAsia: Youth Olympic coin 2010.On 14 August 2010, Singapore will unveil the world's inaugural Youth Olympic Games. The Youth Olympic Games is the first new Games the Olympic Movement has created in 80 years. Through the Games, Singapore 2010 aims to involve the youth of the world and inspire them through an integrated sport, culture and education experience, to embrace, embody and express the Olympic values of Excellence, Friendship and Respect. Singapore 2010 also hopes to inspire true sportsmanship among youths, and promote understanding and harmony among communities and with other nations. All items can be purchased through the Singapore Mint or online at www.singapore2010.sg/coins.
Source: Channel NewsAsia, Singapore MSN News, Straits Times Singapore, Singapore 2010 YOG website.
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