Name Card 1

Name Card 1

NGC AWARDS FOR YEAR 2014

NGC AWARDS FOR YEAR 2014

Sunday, May 8, 2016

MORE FREQUENT OF NEW ISSUES OF COMMEMORATIVE COINS FROM 2016 AND BEYOND ?

Malaysian coin collectors / hobbyist have every reasons to be excited about for looking forward to collect new issues. From this year onwards it seem like there are more new issues coming out from BNM more frequent than the past years.

So far there were already two commemorative coins issued for this year, on the 28th Feb the new issue was World Table Tennis Championship (International theme) and 16th April 70th Anniversary of Radio Televisyen Malaysia (Domestic theme). And if the speculation is true the next coming issue will be the 50th Anniversary of Yayasan Sabah expected to launch in between end of May to June'16.

World Table Tennis Championship coin issued on 28th Feb 2016.

70th Anniversary of Radio Televisyen Malaysia coin issued on 16th April 2016.


However, there are some changes in the new issues and reduction in mintages. It is obvious that BNM no longer issue commemorative gold coins and the mintage of single silver proof coin has reduced to 500pieces from 2000peices and 10,000pieces from 25,000pieces for Nordic gold coin B.U. (Coin card) respectively. BNM no longer issue Set of 3 comprises of Gold (1/4oz, 999 gold), Silver proof & Nordic Gold proof and individual "stand-alone" Single Gold coin (1/4oz. 999 gold). With the reduction of mintages and without the gold coins it would be easily absorbed by the market forces.

Therefore BNM could issue more frequent new commemorative coins in a year and most likely would be six times this year (bi-monthly) compare with the previous three times in a year.

Exciting times ahead for Malaysian collectors.

Enjoy.....

Andrew

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