Name Card 1

Name Card 1

NGC AWARDS FOR YEAR 2014

NGC AWARDS FOR YEAR 2014

Thursday, May 15, 2014

1961 $10 MALAYA AND BRITISH BORNEO PMG 65EPQ SOLD FOR MYR10,815.12

The 1961 $10 Malaya & British Borneo banknotes or "Red Bufffalo" are really red sizzling hot ! As i have said before on my previous post (below) that collectors does not hesitate to pay top dollar for a nice piece of high grade UNC.

And this has proven i was correct. There was a piece of the "Red Buffalo" graded by PMG 65EPQ was auctioned on Ebay US and the auction has ended today morning (Malaysia local time 6.28am) with a realized price of USD3338.00 X 3.24exchange rate = MYR10,815.12 + USD40.00 shipping cost X 3.24exchange rate = MYR129.60 with 43bids and the seller were from New Hampshire,US. This piece of banknote was the common type of "Small serial number" and was less expensive compared with the scarcer ones such as "B" prefix variety and "Large serial number" variety.



There are total of 241 pieces were graded by PMG as of today with 13 pieces for 65EPQ and 1 piece for 66EPQ is the highest graded thus far.

With the record breaking prices i expect more collectors to send for grading and more "Red Buffaloes" will come out for sale in the near future.

Happy Reading !


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