The mintage of this issue are exceptionally high because Malaysia as the chairman of Asean are giving away as gifts to the visiting foreign delegates from ten asean countries that came for the submit in Kuala Lumpur.
The mintage for this issue are :-
1)Single gold : 500pcs (remain the same)
2)Silver coloured proof : 5000pcs (increase from 2000pcs)
3)Set of 3 : 2000sets (increase from 750sets)
4)Set of 2 : 2000sets (increase from 750sets)
5)Nordic gold coin card : 25000pcs (remain the same)
Nordic gold coin card
Nordic gold coin card
Many collectors include myself love the design especially the coloured proof silver coin very much, however the coin/banknotes dealers were hesitated to buy their normal quotas considering the high mintage.
BNM Penang @ 5.45am not a single soul (image courtesy by Lee Boon Beng).
The above picture speak a thousand words. There are not a single person queuing up in front of BNM Penang at 5.45am this is an unbelievable scene. For every new issues people starts to queue up from 3.00pm the day before until the following day 9.00am when BNM open for business. This was how crazy the collectors are through out Malaysia where BNM branch are located.
BNM has significantly increases the mintage for the new issues from 2009 onwards due to the overwhelming demand from collectors. Now everyone wonders is this the new normal of higher mintage coming from BNM for future issues ?
Another worthy point to ponder, how many sets are left to the public after deducting the gifts to those foreign delegates and our own Malaysian government officials, BNM and museum archives ?
For those dealers that refrained from buying this issue considering the high mintage and are afraid the price would not rise perhaps you're right or maybe you're wrong. Well, only time will tell.....
Happy Reading.
Andrew
No comments:
Post a Comment