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NGC AWARDS FOR YEAR 2014

NGC AWARDS FOR YEAR 2014
Showing posts with label 1971 10SEN. Show all posts
Showing posts with label 1971 10SEN. Show all posts

Wednesday, April 30, 2014

WHERE DO YOU WANT TO PUT YOUR MONEY ?

Revised on 2nd May 2014.

Regret for not updating my blog after 2 weeks as i was quite busy with preparation of my personal and company income tax submission.

There are many (average) collectors were asking for advice what items to buy ? So i decided to put it systematically for you to have a clear perspective on where to put your money.

The current high profile numismatics items that collectors are busy chasing after are :-

1)1999 10th Series Ali Abul Hassa RM 1 Prefix "CR" (unissued)

2)1971 10sen Parliament coin

3)2007 12th Series Zeti Aziz RM50 50th anniversary of Malaysia independence

These three items are currently the most sought after by collectors.


1)1999 10th Series Ali Abul Hassa RM 1 Prefix "CR" (unissued). Mintage estimation 50,000pcs unintentionally released to commercial banks for circulation but were too late to retrieve back from the public. The serial number found were from CR 7200000 to CR 7250000.


Based on KN Boon 7th edition catalogue it was priced as RM3500.00 (UNC raw ungraded). For this graded piece 67EPQ the market price is around RM8000.00 - RM8500.00



2)1971 10sen Parliament coin. Mintage 32,236pcs minted.


Based on KN Boon 7th edition catalogue it was priced as RM500.00 (UNC raw ungraded) & RM800.00 (BU raw ungraded) respectively. However the current market price for this piece graded MS66 is around RM1500.00


3)2007 12th Series Zeti Aziz RM50 50th anniversary of Malaysia independence. Mintage 20,000pcs issued.


Based on KN Boon 7th edition catalogue it was priced as RM950.00 (UNC raw ungraded). And here is the current market price as follows :-

1)Prefix AA 00 XXXXX (2 zeroes) = RM900.00 (UNC raw ungraded) and RM1800.00 for 67EPQ

2)Prefix AA 000 XXXX (3 zeroes) = RM1500.00 (UNC raw ungraded) and RM2500.00 for 67EPQ

3)Prefix AA 0000 XXX (4 zeroes) = RM ?

4)Prefix AA 00000 XX (5 zeroes) = RM ?


Since i have high lighted the most sought after by collectors and i will also be fair to high light the most laggard and ignored by collectors.

2012 12th Series Zeti Aziz Premium set of 6 pieces from RM1 to RM100 (all denomination) with same prefix and serial number. Mintage 50,000 sets issued. Issue price RM300.00


Based on KN Boon 7th edition catalogue it was priced as RM400.00. But the current market price is between RM300.00 to RM350.00. Currently Bank Negara Malaysia still have some stocks left for sale till today at issue price.

This set was deemed the best set ever issued by Bank Negara Malaysia with its complete denomination from RM1 to RM100 with all same prefixes "AA" and serial numbers in one set. And many dealers had hoarded this set at very much higher price around RM400.00 to RM500.00 each set when it was launched to the public and the market price quickly surged to RM800.00 during the initial launching period.

Many dealers were caught at higher cost and some were seen to have cut-losses.

When will this Premium set price start to move up ? I do not know the exact time frame but based on history of the past commemorative banknotes with limited mintage like the RM50 50th anniversary of Independence of Malaysia it took 6 years (from issued date in December 2007) to 2013 to inch up slowly and then accelerated in 2014 this year. 

So if you take another 6 years for this Premium set to start moving up it will be in 2018 !


Where do you want to put your money ? It is all depending on your "holding power".


Editorial note : the prices quoted above are valid at the time of writing this article.

Happy Reading !

Sunday, January 26, 2014

MALAYSIA PARLIAMENT COIN KEY DATES & SUPER GRADE AND PROOF-LIKE NGC MS68

Our Malaysian Parliament coins are feverish hot ! I have sold 2 pieces of 1971 10sen NGC MS66 immediately after taken possession of my shipment from the post office and before i even got home.

Matter of fact these coins was reserved by few buyers when the grades are known when the coins are still in NGC office. But as usual i told my buyers that my policy are "first come first basis" whoever pay up first they will be the first one i will sell to.

Base on the scale of NGC there are 11 grades from 60 to 70 are considered as UNC and this is how i break them down.

1)MS66 - Highest grade within the scale of UNC 
2)MS67 - Brilliant Uncirculated
3)MS68 - Proof-Like
4)MS69 - Proof-Like
5)MS70 - Perfect ! 

Important Key Date for Parliament series 1971 10sen NGC MS66 X 2 pieces

The highly sought after by collectors the 1971 10sen is a "must have" in every collector's album.
Very hard to achieve this highest grade of UNC.

Important Key Date for Parliament series 1970 20sen MS 66

The highly sought after for the 20sen denomination in Parliament series and is a must have in every collector's album. 
Very hard to achieve this highest grade of UNC.

Proof-Like NGC MS68 20sen 1980

Proof-Like NGC MS68 non other higher than this grade. I have achieved 3 pieces of MS68 thus far. (Please scoll down to read my previous posting and pictures of my other MS68 Parliament coins.)


1980, 1981, 1982 20sen Parliament coins 


1980 MS68, 1981 MS67, 1982 MS66


1977, 1981, 1988 50sen Parliament coins


1977 MS66, 1981 X 2pcs MS67, 1988 MS67