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NGC AWARDS FOR YEAR 2014

NGC AWARDS FOR YEAR 2014

Sunday, August 17, 2014

RM1 ZB AND RM5 ZB REPLACEMENT NOTES REVISIT

Amazingly the current price of 2012 RM1 Zeti "ZB" replacement note surged to RM700.00 each thus prompting me to review this banknote that i have blogged before please click on the link here ( RM1 ZB ).

Serial no. ZB 0134990

The reason for its rise attributed to scarcity despite the huge mintage of 134,990 pieces issued last year 2013 before Hari Raya Adilfitri. Many claimed it did not came out in a stack of 100pcs but only few pieces was slotted in between stack if you're lucky to find it.

However while i was browsing the web last night and i came across a photo of RM1 ZB in a stack of 100pcs from another blog (as picture shown below).


Does that mean stacks of 100pcs do exist from BNM (Bank Negara Malaysia) that not many people was aware off but only very few people knew about it and was being hoarded or cornered by them since it has low face value of only RM1.00 thus making it very easy to hoard ? And once the price is high it will come out slowly to the market with gradual controlled release only on low serial numbers (of course). This will artificially manipulate you to believe that the mintage was low with "2 zeroes" on the front but in reality it was not ? Well this is only my hunch and I let YOU be the judge.


However the currently price of 2012 RM5 Zeti "ZB" replacement note was consolidating at RM68.00 as at today but before it shot up to RM80.00 two months ago despite having low mintage of 60,000 pieces compare to RM1 ZB. 

The RM5 ZB came out in stacks unlike the RM1 ZB. Could it be because it was not being targeted to hoard because of its higher face value and it takes five times more capital to be hoarded ?

Please tell me your thoughts.

Happy reading.
Andrew 

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