Name Card 1

Name Card 1

NGC AWARDS FOR YEAR 2014

NGC AWARDS FOR YEAR 2014

Wednesday, March 9, 2016

AUCTION PRICE REALIZED - THE WORLD TEAM TABLE TENNIS CHAMPIONSHIPS 2016 COPPER COIN

This was the first commemorative coin issue of 2016 - The World Team Table Tennis Championships 2016. This international tournament was represented by more than 100 countries. It was held from February 28 to March 6 at Malawati Stadium in Shah Alam, Selangor Darul Ehsan.

Unfortunately, there was no gold coin issued to mark this event, however it was replaced by Copper coin instead. This series comprises of Single proof silver (500pcs minted), Set of 2- Silver proof & Proof Nordic Gold (2000pcs minted), Copper coin Matte finish (150pcs minted) & Copper coin Proof-Like finish (150pcs minted), Nordic Gold coin Brilliant Uncirculated (10000pcs minted in coin cards).

In this issue we have seen some changes in issuing by BNM, for instances, there were no gold coins issued, copper coins were issued with two different finishing - Matte & Proof Like, the mintage for single Silver proof coins has reduced significantly to 500pcs only and that is a major reduction and the same goes for the Nordic gold (BU) coin issued in coin cards with only 10000pcs minted a reduction from 25000pcs base from the past issues.

It was rather disappointing that the public was unable to purchase the copper coins over the counter due to its extremely low mintage, therefore it was put on auction with 60pcs for Matte & 60pcs for PL finishing.


Silver proof single - 500pcs minted

Set of 2 comprises of Silver proof coin & Nordic gold proof coin (2000pcs minted)

Copper coin, two types of finishing - Matte (150pcs minted) & Proof Like (150pcs minted).

Nordic Gold coin Brilliant Uncirculated finishing (10000pcs minted).


MNP AUCTION OF COPPER COIN 6th March 2016


The copper coins was auction at Sasana kijang  with only 60pcs PL & 60pcs Matte finishing and the realized prices was preposterous. The Copper Matte coins was realized between MYR1800 -MYR2000each and the Proof Like Copper coins was realized between an average of MYR2000 - MYR2400each.

Note : Realized prices are subject to Buyer's Premium 15% for floor bidding & 20% BP incurred for online bidding. (No GST incurred).

Matte finishing realized price MYR1800-MYR2000 + BP

Proof-Like realized price MYR2000-MYR2400 + BP


Specification of copper coin :-

contains : 99.9 pure copper
weight : 130grams
diameter : 60mm


Happy Reading,
Andrew