1 min article

Selling coins policy

Replica currency that follows our rules can be listed on eBay, but replica coins and counterfeit currency are not allowed.

eBay does not permit the sale of coins or paper money that are fraudulent or improperly described. Sellers who knowingly fail to disclose information about the authenticity of coins or paper money, alterations to coins or paper money, or other information that might have a material impact on the coin or paper money value may become liable for an offence in Singapore. Sellers will also be subject to eBay action as stated below. Please see Additional Information section below.

Activity on eBay is required to follow this policy, the eBay User Agreement and all applicable laws, as well as respect the rights of third parties. If it doesn’t, eBay may take action consistent with applicable laws and the eBay User Agreement, and may even be legally required to do so. Such actions may include, as an example only: Removing the listing or other content, issuing a warning, restricting activity or account suspension.

Additional Information

Laws on counterfeit currency or coins in Singapore

  • Singapore laws strictly prohibit the sale of counterfeit currency, coins and bank notes. It is an offence in Singapore to (i) knowingly or fraudulently deal in counterfeit or forged currency notes, bank notes or coins, (ii) inducing another to believe that such counterfeit currency is genuine and (iii) being in possession of counterfeit currency, bank notes or coins, knowing that it is forged or counterfeit. Knowingly importing or exporting counterfeit coins is also prohibited in Singapore. Such actions are punishable by imprisonment or fine, or both. Therefore, these counterfeit items may not be listed on eBay. Users of eBay are advised to be compliant with all local laws while listing such items on eBay. For more details, please see the Penal Code (Cap 224) - opens in new window or tab.

Guidelines for coins and paper money sellers:

  • Include all relevant information that is known about the coins or paper money; for example their origin, date of issue, and condition.
  • Include a clear picture of the actual coin or paper money item that is being offered for sale.
  • Include all information concerning any alterations that may have been made to the coins or paper money.
  • Specifically identify every individual coin or paper money item listed to avoid misunderstandings about the nature of the items.
  • If unsure of the origin or authenticity of the coins or paper money, please state this clearly in the listing.

Note : Sales of reproductions of images of the current series of Singapore notes and coins are allowed provided that the conditions in the MAS Licensing Scheme for Currency Reproduction 2000 have been complied with, eg: the printing of “SPECIMEN” in black and bold, lettering diagonally across the reproduction of the currency note. Reproduction of the old series notes and coins and souvenir items require the prior approval of the Monetary Authority of Singapore (“MAS”).

Why does eBay have this policy?

eBay strives to maintain a marketplace that is safe for both buyers and sellers of numismatic material (such as coins or paper money), and has developed guidelines and policies designed to protect eBay members. Knowingly or fraudulently dealing in counterfeit money is also prohibited, and eBay urges its members to abide with applicable laws and regulations.

Was this article helpful?