2013 50th ANNIVERSARY OF THE FORMATION OF MALAYSIA

This one is the hottest commemorative coin issued by Malaysia Central Bank in recent years. Malaysia Day is celebrated on 16 September every year to commemorate the establishment of the Malaysian federation which comprises 11 states in Malaya and two states in Borneo, namely Sabah and Sarawak.

Collectors were seen queuing since 6pm the day before until the bank was open at 9.00am the next day for the sale of the coins. Within two hours everything were snapped up.

The proof set of 3 with mintage of only 500sets minted were the favourite of the collectors.

The single proof 1/4oz. (7.96gms) gold coin with mintage of 750pcs minted wasn't in high demand among the collectors mainly because of the high premium over spot (USD1320.00 per ounce, exchange rate RM3.30 = USD1.00) against the issue price RM1800.00. This single coin were deemed too expensive and over valued.

The proof set of 2 (silver & nordic gold) with the mintage of 1000pcs minted were clearly the favourite by the collectors and dealers. Dealers were able to flip with almost 100% profit on the secondary market immediately. And it was sold out within 30minutes of opening.

The proof single silver with the mintage of 10,000pcs were the first coloured silver coin and with .999 pure silver minted in one ounce (31.10gms) ever produced by Malaysia. Usually the silver coins come in 21gms and contains .925 silver for every commemorative issues. I was told that up to 5000 pieces of this silver coins was given as a gift to VIPs during a function held in Sabah & Sarawak (East Malaysia) on the 16th & 17th Sept 2013 by the Prime Minister to mark the occasion of Malaysia Formation Day celebration.

The Nordic gold coin or coin card with the mintage of 25,000pcs was the most popular among the young and amateur collectors as it was the cheapest entry level into this hobby of numismatics thus making everyone affordable to collect. And it was not surprising that it was sold out within two hours upon opening of sales. I was told that this coin card was also given as a gift to every attendees during the function in Sabah and Sarawak.

MALAYSIA COIN CARDS OR NORDIC GOLD

The latest trend among Malaysian collectors are coin cards ! This crazy trend was started last year 2012 because it is cheap and affordable for everyone to collect. This theme of collection are meant for juniors and amateurs with low issue price by Bank Negara Malaysia ranging from RM5.00 to RM10.00.

But lately the appreciation of coin cards has shot up dramatically and has caught many by surprise even to seasoned collectors. And in term of percentage gain it has out perform gold and silver.
For example the Shah Alam coin card with mintage of 8000pcs issued in year 2000 with the issue price of RM5.00 to now RM650.00, and the 2007 Police coin card with mintage of 10,000pcs with issue price of RM8.00 to now RM250.00. (Picture as below).

 

 

Most of the recent year issue with mintage of 15,000pcs to 20,000pcs the price has surged to the range of RM40.00 - RM80.00 region and mintage between 20,000pcs to 25,000pcs (2012 INSTALLATION OF THE KING XIV NORDIC GOLD) the price has risen to RM30.00 - RM50.00.

With the dramatic rise of Coin Cards or Nordic Gold it has caught the interest of many Malaysians and has attracted many young collectors into this hobby of numismatics.

MALAYSIA 1998 COMMONWEALTH GAMES $50 POLYMER

Well so much have been published and said about this banknote that it was issued to commemorate the Commonwealth games in 1998 in Malaysia and I do not want to repeat what have been published by the masses, otherwise I may sound like "copy and paste" blogger.

This is one of the laggard commemorative banknote in term of pricing. This piece definitely value for money because it was the first polymer note issued by Malaysia and until today it is already 15year old as time of writing and you can still find it for below RM200.00 per piece compare with some Malaysian "circulating" banknotes with the same year of issued in 1998 which have surged by several hundred percentage. As a collector you will know which one will perform better "Commemorative or Circulation" banknote ? Your answer is as good as mine definitely "Commemorative" ones.

You will be surprise there are many non Malaysian collectors haven't seen this bank note before and were fascinated with the beauty and vibrant colours making one couldn't resist the temptation of owning one as souvenir.

But as time passes each day this bank note has become lesser and many was purchased by overseas collectors. Don't overlook this piece of history or you will be paying for higher price in future.

MALAYSIA 1st PRIME MINISTER TUNKU ABDUL RAHMAN COMMEMORATIVE GOLD COIN 1971

This is the most classic gold coin for young and old collectors to collect with rich of history it carries through the years from 1971 for the reason begin the first gold coin ever issued by Malaysia to commemorate the first prime minister of Malaysia. This is a "must have" for those who collect Malaysia coins.

Even with the high mintage of 100,000.00 pieces were issued for B.U condition but you can't easily find them in good condition today and many were melted when the price of gold went up from 1971  and some were made into the form of jewellery. During the time of issue those collectors purchased them for RM100.00 (MYR) as the same face value of $100.00 it carry, thus many collectors during  those times realized the gold coin was not worth the value of RM100.00 because the gold content it carry were .917 and with the weight of 18.66 grams coupled with the low price of gold making it not worth keeping, those collectors using the gold coin to trade and paying for purchases since it was legal tender for the same value of RM100.00. Hence this gold coins was in "circulation" during those years since it was legal tender and was accepted as payment method, this resulted many of these coins condition with scratches and worn. There are not many good condition of this coin these days in UNC condition. Good luck in finding one.

Specification :-

Year of issue : 1971 
Face Value : RM100
Gold Purity : .917%
Standard Weight : 18.66grams
Diameter : 27.7mm
Condition : Brilliant Uncirculated 

 

Please contact me if you are interested. My email id : junetle28@gmail.com or h/p : +6012-4316178.