The local numismatics economy had slow down for at least in the immediate to medium term. People needs time and resources (money) to get back into their normal lives again.
In dire times food stuffs are more important than numismatics and it matter no more if you have a piece of RM1 "CR" Ali Abul Hassan graded as PMG 67EPQ and you won't be able to trade for food stuffs worth RM8000.
Next year 2015 will be a challenging year especially for speculators without much holding power. I believe the the modern replacement notes such as ZA, ZB, ZC, ZD for all denominations will drop in value when the bubble burst. If the price of crude oil could crash from USD110 to USD60 (at time of writing) the same fate could be apply for numismatics as well, since our economy and numismatics are tied together.
Why the modern replacement notes are the ones that affected the most ? Because you can't find any young "collectors" that are genuine collectors in Malaysia because and they are mere speculators ! When they buy from you today and they intend to sell tomorrow to make quick bucks.
Modern replacement notes are like "warrants" in the stock exchange, you can only speculate in them during bullish times and you wouldn't want to buy them during challenging times because the price will fall very close to their face value respectively.
INFLOWS OF THE SMART MONEY
There are abound of opportunity where you can find good items emerge during times of crisis. I will put my money into rare Straits Settlements and Malaya banknotes but that does not necessary mean they are cheap but availability to purchase.
I will also buy those modern replacement banknotes when they are close to their face value. I just need to wait for the bubble to burst and i ain't in a hurry to buy and time is on my side. I want to see who can wait longer - the dealer or the buyer ? "Patience is a virtue"
Happy hunting !
Andrew
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