FIRST BANKNOTES AUCTION BY BANK NEGARA MALAYSIA

Date : Saturday, 27 September 2014

Session 1 - 10.00 a.m. - RM1 & RM5 Banknotes
Session 2 - 11.30 a.m. - RM10 & RM20 Banknotes
Session 3 - 12.30 p.m. - RM50 & RM100 Banknotes

Venue  : Auditorium, Sasana Kijang, Bank Negara Malaysia, Jalan Dato’ Onn, 50480 Kuala Lumpur.

Registration : 9.00am onwards

Demonstration and Understanding of Banknote Auction Process. Light refreshment will be served.

Public Viewing :  MNP’s Kuala Lumpur Office. Thursday, 18 September 2014, 10.00 a.m. to 2.00 p.m.

MNP’s Penang Office. Saturday, 20 September 2014, 10.00 a.m. to 2.00 p.m.

Initial Deposit : RM300.00

Buyer's Premium : 15% to be payable in addition to the hammer price.
Successful bidders must collect the Lots from MNP’s Kuala Lumpur Office
within seven (7) working days from the date of auction.

Auctioneers : MNP Auctioneers

This will be the first ever banknotes auction held by Bank Negara Malaysia. The lots of banknotes to be auctioned are the present Malaysia 12th Series paper and polymer notes for all the denominations from RM1, RM5, RM10, RM20, RM50, RM100 for :-

“Single Ladder”
The more commonly known combination of serial numbers, e.g EG 1234567. Whereas “Super
Single Ladder” simply means the alphabetical prefix in the front is the same, e.g FF 1234567.
“Reverse Single Ladder” just means that the combination of numbers are in reverse, e.g
EG 7654321 and with the same alphabetical prefix it would be called “Super Reverse Single
Ladder”, e.g FF 7654321.

“Low Numbers”
These are serial numbers typically with either single or double digits at the back of the sequence, e.g
AB 0000001 or AB 0000010. However, if the alphabetical prefix in the front is the same, it will be
considered as “Super Low Numbers”, e.g BB 0000001 or BB 0000010. The more sought after
numbers are typically the numbers with single digits at the back of the sequence, which when
available in a set of 10 pieces, fetches an even higher demand. This combination is known as
“Set-of-10”, e.g AB 0000001 to AB 0000010.

“Solid”
A combination of serial numbers where all the numbers are the same, e.g AD 8888888. Higher
demands have been recorded for the “Super Solid” which has the same alphabetical prefix in the
front, e.g CC 8888888.

“Ten Million”
This particular note is said to fetch a very high demand amongst collectors due to its uniqueness. The
typical Malaysian banknotes denominations have only seven digits, but this has eight digits, e.g
AA 10000000.

This auction is good for all collectors to have the chance to obtain these special numbers through auction that open to the public, otherwise these special numbers and prefixes are being monopolized and controlled by "certain people" that have "close relations" with the bankers therefore they are the ones that control the prices.

Now everyone stand a chance......

I would like to say "Syabas to Bank Negara Malaysia" !

Happy Reading !
Andrew