MING FINE ART GALLERY

MING FINE ART GALLERY

NO.3A-G-3 & 36, STRAITS QUAY
SERI TANJUNG PINANG, PENANG

PHONE
+604 291 3113

EMAIL
mingjadegalleria@gmail.com

I would like to congratulate a good friend of mine Mr.Ooi Wei Ming for the opening of his art gallery -Ming Art Gallery at Straits Quay Penang. Well, i must admit this was my first time I've been to an art gallery and the feeling was breathtaking to see it showcases fine arts by local talents at the gallery.

Names of artist whose paintings are showcased at Ming Art gallery

The splendid art collection assembled by Mr.Ooi include Modern and Contemporary paintings it features abstract arts, vintage arts, modern arts, decorative arts fine arts and animals by up and coming local Penang artists. Although they are not enormously well known but their works were simply exquisite. It exhibits large and small paintings of various styles such as the acrylic paintings on canvas, oil paintings on canvas, water color paintings and etc.

Title : Transform Red Horse

Title : Flying with the wind 3

Title : The Blue Parrot

Title : The White Eagle

Title : Gold Fish 

Title : Penang Old Harbour 

Title : Moonlight Sonata 

Title : You Make My Day 8 

Title : You Make My Day 14 

Title : Red Sweater Dream 

Title : Leila 

Title : Membawa Bokor II 

Title : Black Lane 

"Birds" watercolor painting by Choo Beng Teong

Ming Arts has offered an investment scheme with an appreciation of 6% per annum returns if you sell back to them the paintings after two years from the date of purchase, in total you will take back 12% of returns after two years and the longer you keep the higher the returns will be (Terms & Conditions apply).  Alternatively, you could also consign your paintings to Ming Arts to sell on your behalf. 

If you like to know more about Ming Arts there is a link to Ming Arts website on the right side of the blog.

Happy reading !

Andrew

KWONG WAH YIT POH 24th May 2016

The chinese daily Kwong Wah Yit Poh had published an article on Malaysian numismatics on coins and banknotes and i was featured in the article with the 1976 Conservation series the Malayan Tapir/Cipan Proof gold coin.

However the market price was "mis-quoted" for this "Perfect" score gold coin grade as PF70 by NGC.

On 5th January 2015 a similar coin with the same grade was auctioned by Heritage Auctions House

in New York ended with the hammer price of USD17,625.00.

Heritage Auction 5th Jan 2015

The proof version gold coin has a mintage of 508pcs and 2894pcs for Brilliant Uncirculated version respectively.

You can read more about this Tapir/Cipan gold coin and the Conservation/WWF series by clicking here and here and here 

Happy reading.

Andrew

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

COLLECTIBLE AUCTION ASIA SINGAPORE 22TH APRIL 2016

Buyer's Premium : 15% floor & 18% internet bid

Exchange rates : SGD1.00 = MYR2.90

With the recent conclusion of CAA auction #7 in Singapore on 22th April 2016, there were three major trends collectors are focusing on that could be seen clearly by the strong realized prices despite the weak Malaysia economy, they are (as below).

However, the weakest theme with almost all lots were "Passed" without a single bid are the new replacement banknotes probably due to extremely large quantities existed in the numismatics market that losses the appeal from collectors.

1) The RUBBER COUPONS - comprises of Singapore rubber coupons, Federated Malay States coupons, Johore coagulant coupons, Straits Settlements coupons, Sarawak coupons, Kedah coupons & Kelantan coupons. A sudden spike of demand were noticeable since last year 2015 and the price has risen in every auction ever since.

Realized price SGD1500.00 + 15% BP

LOT 625 Straits Settlements Mainland, Rubber Export Coupons, 31.3.1942, One Picul, R057578, TanSSR3a. AU

Realized price SGD1600.00 + 15% BP

LOT 626 Singapore, Rubber Export Coupons, 31.12.1941, One Picul, P474278, TanS1R4, AU-UNC, small worm-hole at right top.

Realized price SGD1600.00 + 15% BP

LOT 629 Federated Malay States (F.M.S.), 31.3.1942, Rubber Export Coupons, 25 Katis, 805532 and 5 picul, B087422. 2pcs. AU-UNC. Late Mr. Teo Hock Seng collection

Realized price SGD1600.00 + 15% BP

LOT 630 Johore, Coagulant Unit coupon, 1940, 1 coagulant unit, January-March, strip of 3, Tan CU4. PMG UNC 66 EPQ (high grade)

Realize price SGD1000.00 + 15% BP

LOT 632 Straits Settlements, Rubber Export Coupons, 31.12.1941, 1 picul, V699382, TanSSR3. UNC. Aging. Late Mr. Teo Hock Seng collection

Realized price SGD1100.00 + 15% BP

LOT 643 Johore, Five Coagulant unit coupon: October-December 1941. 3pcs, uncut sheet, rare. AU. Late Mr. Teo Hock Seng collection

Realized price SGD1900.00 + 15% BP

LOT 644 Kelantan, 31.12.1941, Rubber Export Coupons: 10 Katis; 25 Katis and 1 picul. 3pcs. EF-AU. Aging. Late Mr. Teo Hock Seng collection

Realized price SGD1600.00

LOT 645 Singapore Island, 1941, 1 picul Rubber Export Coupon, P476357, TanSIR4. PMG UNC 63 NET insect holes. Late Mr. Teo Hock Seng collection

2) MALAYSIA PARLIAMENT COINS MILLED EDGE - breaking new record ! A single piece of 50sen 1969 graded by PCGS MS66 (highest graded thus far) closed with a hammer price of SGD22,000 + 15% BP (as pic below).

Realized price SGD22,000 + 15% BP

LOT 318 Malaysia, 1969, C-N 50 Sens, Die varieties w/o security edge, freaks. PCGS MS 66

Malaysia 1st Parliament series proof coin set. Realized price SGD2800.00 + 15% BP

Realized price SGD20,000+ 15% BP

LOT 326 Malaysia, Official Proof Set with: 1.1971, RM 100 Gold proof, 18.66gm. Prime Minister Tanku Abdul Rahman commemorative; 2.1971, C-N Proof Ringgit Parliament House; 3.1971, C-N Proof 5 Ringgits Prime Minister Commemorative; 4. 1969, Silver Proof Ringgit, 10th Anniv of Bank Negara; 5. 1972, C-N Proof Ringgit KL City Commemorative Malaysia; 6.-9. 1967, C-N Proof, 50; 20; 10; 5 Sens; 10. 1967. Copper Proof Sen

Realized price SGD3000.00 + 15% BP

LOT 335 Malaysia, Bunga Raya (2nd series of circulation coins) 1989-2007, Bronze-Clad steel, 1988, possible a trial specimen/pattern, Sen, weight:1.74gm. AU-UNC

   

3) MALAYSIA BANKNOTE SOLID NUMBERS - Malaysian collectors are a bunch of solid banknotes numbers fanatics (or lunatics, lol). This trend wasn't solely apply to banknotes but were extent to car registration number plates as well (because of the believes in "Feng Sui"). Most of the solid number notes were chased up with strong realized prices even for the taboo # 4 with superstitious belief fall upon the chinese collectors to avoid the number.  

Realized price SGD1300.00 + 15% BP

Realized price SGD2400.00 + 15% BP

Realized price SGD8000.00 + 15% BP

Realized price SGD2400.00 + 15% BP

Realized price SGD3000.00 + 15% BP

1986 6th series Jaafar Hussein "Specimen" set. Realized price SGD32,000 + 15% BP.

Realized price SGD3000.00 + 15% BP

Realized price SGD1800.00 + 15% BP

Realized SGD5000.00 + 15% BP

Realized price SGD4400.00 + 15% BP

Realized price SGD4400.00 15% BP

Realized price SGD2600.00 + 15% BP

Ladder # Realized price SGD1600.00 + 15% BP

Realized price SGD1300.00pair + 15% BP

Realized price SGD1400.00 + 15% BP

Realized price SGD1700.00 + 15% BP

Realized price SGD2400.00 + 15% BP

The 1961 $10 Malaya & British Borneo banknote still remain very strong and is proven to be one of the favorite banknote among the collectors. The high demand of the note could be seen since year 2013. 

Realized price SGD12,000 + 18% BP (internet bidder)

LOT 646 Malaya & British Borneo, 1961, $10, Big A serial, A/83 084473/72, printing error, two different serial numbers on same note, Printer: Thomas De La Rue & Co., Ltd. PMG AU 58 EPQ

Realized price SGD3600.00 + 15% BP

A/1 prefix. Realized price SGD950.00 + 15% BP

3pcs consecutive numbers. Realized price SGD9000.00 + 15% BP

"Big A prefix". Realized price SGD1400.00 + 15% BP

Some of the highlights :-

Nice number. Realized price SGD650.00 + 15% BP

Highest grade recorded in PMG. Realized price SGD1200.00 + 15% BP

First series & First prefix "A/1" Ismail Ali. Realized price SGD2000.00 + 15% BP

Hope you enjoy reading my article and happy hunting.

Andrew