Singapore Mint Issues Own Slab|
July 18, 2013
The Singapore Mint unveiled its third set of Native Orchids of Singapore commemorative coins July 3. As with the two previous issues, the new 40.70mm, 1 oz (31.10 g) .999 fine silver $5 proofs celebrate the reintroduction of Singapore’s native orchids to the island state’s environment. This year the coins commemorative the endangered Bulbophyllum flabellum-veneris and Dendrobium crumenatum a.k.a. the Pigeon Orchid.
Bulbophyllum flabellum-veneris is a native orchid whose bloom consists of 10 tiny individual flowers clustered in a fan-shaped array. This year the Singapore Mint is marketing its orchids coins somewhat differently. From the 10,000 struck for each orchid, 500 have been selected and slabbed in translucent capsules marked with the mint’s security seal. These are being offered by the mint for S$188 versus the S$148 issue price of the standard proof coin.
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