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The Singapore Mint is established in 1968 as a basic minting facility to produce circulation coins for Singapore. [3] It produced Singapore's first and second series of circulation coins. In 1984, the Brunei Currency Board , of newly independent Brunei , ordered four million circulation coins and 8,000 sets of commemorative coins. [ 4 ]
Years later, when the Singapore Government designated and developed Orchard Road as a prime shopping and tourist district, the price of land soared from S$3 per m 2 to S$6,000 per m 2. With the acquired land plot, Tang constructed the landmark C.K. Tang Department Store (now rebranded as Tangs) at 310 Orchard Road at a cost of S$50,000.
Today the United States Mint is largest mint manufacturer in the world, operating across six sites and producing as many as 28 billion coins in a single year. [2] Its largest site is the Philadelphia Mint which covers 650,000 square feet [ 3 ] (6 hectares) and can produce 32 million coins per day.
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Mustafa Centre is a shopping mall in Singapore, situated on Syed Alwi Road in the cultural district of Little India, within the planning area of Kallang. [1] Within a walking distance from Farrer Park station and Jalan Besar station on the North East Line and Downtown Line, Mustafa Centre is a retail hub attracting many shoppers with its wide variety of products and services.
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins . In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands.
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