2007 2008 RM50 50TH ANNIVERSARY OF MALAYSIA INDEPENDENCE (MERDEKA GOLDLINE) 4 ZEROES AA0000 XXX

These are my collection of 2007 2008 RM50 Merdeka Goldline of 4 zeroes that are very scarce extremely hard to find. There are only 899 pieces available for 4 zeroes in the front of the serial number out of the total mintage of 20,000 pieces issued by BNM (Bank Negara Malaysia) to commemorate the 50th Independence of Malaysia in 2007.

All graded as PMG 67 EPQ

Happy Viewing.

Andrew

BUYING OPPORTUNITY CAME KNOCKING TWICE...

See the wonder of football world cup and couple with holy month of Ramadan when things are slow and this is what happen when people lose their bets thus creating buying opportunity. Good items won't come knocking on your doors always and when it does you must grab it without hesitation.

During good times collectors held on tightly on their rare stuffs and won't sell to you even you offered to buy from them whereas during slow months coupled with loss bets these collectors offers to sell their good items to you in contrast.

These are my recent requisition...

2007 2008 RM50 50TH ANNIVERSARY OF MALAYSIA INDEPENDENCE (MERDEKA GOLDLINE) 4 ZEROES AA0000 XXX

Consecutive pair AA0000 364 & AA0000 365

AA0000 394 & AA0000 335

These 4 pieces of Merdeka Goldline are on its way to PMG.

Happy reading.

Andrew

THE RETURN OF 1989 $20 JAFFAR HUSSEIN STACK, 1967 RM10 SAPULOH, 2007 RM50 50TH ANNIVERSARY OF INDEPENDENCE (GOLDLINE)

The title says it all.

Well this is my second unboxing i'm sharing with all of you guys. While watching world cup and relax and enjoy my blog with a cup of coffee latte.

FEDEX large box received from PMG.

1989 RM20 6th series Jaffar Hussein in consecutive numbers PMG 66EPQ & 67EPQ.

1967 RM10 1st series Ismail Ali in consecutive numbers PMG 65EPQ.

2007 RM50 11th series Zeti Aziz 50th anniversary of Independence (Goldline) in consecutive numbers PMG 67EPQ.

Enjoy !

Andrew

MALAYSIA 2007 / 2008 12TH SERIES RM50 50TH ANNIVERSARY OF INDEPENDENCE LOW NUMBER 4 ZEROES 2 PIECES

I just received my another piece of RM50 50th Anniversary of Independence (Merdeka Goldline) back from PMG and was delighted to receive grade 67epq  prefix AA 0000 81 0 (technically speaking it has 5 zeroes). Hence i have 2 pieces of 4 zeroes in my collection now with AA 0000 92 0.

Currently the Merdeka Goldline is one of the hottest and most sought after by collectors and the price are surging due to its limited mintage of 20,000 pieces issued only.

Just about a month back a prominent numismatics dealer from Singapore bought 100 pieces in consecutive numbers of 2 zeroes AA00xxxxx of Merdeka Goline from a dealer in Penang who is also my good friend for MYR120,000.00 or equivalent to MYR1200.00 a piece, when this news broke out it sent the price sky rocketing. Many numismatics dealers believe there are still plenty of rooms for it to rise.

If you compare with the 1999 RM1 Ali Abul Hassan prefix "CR" with 50,000.00 pieces it has risen to RM8500.00 for grade 67epq then how much can Merdeka Goldline of 20,000.00 pieces can rise ?

Let's do some mathematics calculation, the "CR" mintage is 150 % (percent) more than the Merdeka Goldline that mean the price of "CR" is RM8500 + 150% (RM12,750) = RM21.250.00 each for Merdeka Goldline 67epq.

Let's keep our finger crossed for it to happen.

Serial number AA0000810 & AA0000920 low number

Happy Reading !

HOW MUCH ARE YOU WILLING TO PAY ?

How do you define a fair value if you want to buy a certain things be it banknotes, coins, gold coins and other numismatics stuffs ? Of course everyone would like to buy below market price or below catalogue price. But that is not necessarily the best method to gauge your buying strategy.

Just to give you one example, back in 2010 there was one collector who refused to buy the 50th Anniversary of Independence (Merdeka Goldline) for MYR350.00 each because the market price was around MYR320.00 during that time. So he was looking to buy below the market price between MYR280.00 to MYR300.00 and he criticized the seller of trying to rip him off so he didn't buy any.

Then in the following year 2011 he was still on bargain hunting for the Merdeka Goldine. During that time the market price shot up to MYR450.00 and he was offered by the same seller at the price of MYR480.00. He again turned down the seller and refused to buy at that price because he was searching for a bargain price at between MYR400.00 to MYR420.00 and once again he criticized the seller of wanting to rip him off hence he didn't buy any at all as he was fed up that he couldn't find any at his desire price.

2007 50th Anniversary of Independence (Merdeka Goldline)

Now at the time of writing this article the price of the 50th Anniversary of Independence (Merdeka Goldline) has shot up to MYR1200.00 for 2 zeroes (raw ungraded) and MYR1800.00 for 3 zeroes (raw ungraded).

Today the same collector is currently still searching to buy at MYR800.00 for 2 zeroes and MYR1200.00 for 3 zeroes. He has said he "doesn't mind" to pay MYR800.00 for 2 zeroes !

So sometimes it does not matter to pay a little higher even above the market price to obtain the item, otherwise you will miss the boat. Don't worry on the higher price you have paid now eventually the price will catch up and exceeded your cost in the foreseeable future.

The same goes for the 1961 $10 Malaya and British Borneo (Red Buffalo) and etc....

If you think your fate is similar like the above "one collector" you ought to change your buying pattern/strategy and dont make the same mistake or miss the boat.

"Time and tides waits for no one"


Happy Reading !

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 !

1968 50SEN MILLED EDGE SOLD FOR MYR19,435.00

With the recent concluded auction result from Collectibles Auction Asia 3/2014 auction held at Landmark Village Hotel, Singapore on 19 April 2014. (Office add : Blk 231 Bain Street 02-23 Bras Basah Complex Singapore 904965). It was once again our Malaysian Parliament coins are the favorites and sizzling hot among the coin's collectors. There were two records broken - 1)1968 50sen Milled Edge and 2)1976 1sen made of copper (or popularly know as 1 copper sen).

Malaysia 1968 50sen MILLED EDGE sold for a staggering SGD6500.00 + 15% Buyer's Premium = SGD7475.00 X 2.60exchange rate = MYR19,435.00 !!!  (1968 50sen Milled Edge Auction Price)

Another record was broken is the 1976 1sen made of copper and it was auctioned for SGD4000.00 + 15% Buyer's Premium = SGD4600.00 X 2.60exchange rate = MYR11,960.00.

The coin was graded by PCGS MS64 RB, KM-2 Bronze and it's mintage was less than 100 pieces according to Steven Tan catalogue. (1976 1sen Auction Price)

Another rising star under the radar is the Malaysia 2007 50th Anniversary of Independence raw notes without grading was sold for SGD750.00 for 2 pieces consecutive pair + 15% Buyer's Premium = SGD862.50 X 2.60exchange rate = MYR2242.50 or MYR1121.25 each piece.

The prefix and serial no. are AA 0002760 & AA 0002761 (3 zeroes). (50th Anniv Auction Price)

Malaysia's banknotes and coins are sizzling hot among the collectors.

Happy reading !

MALAYSIA 2007 / 2008 12TH SERIES RM50 50TH ANNIVERSARY OF INDEPENDENCE LOW NUMBER 5 ZEROES AA 0000 92 0

Today i have received 2 lots one from PMG and another lot from NGC for my 1967 and 1968 Parliament coins respectively after grading.

To take pictures of every Parliament coins obverse and reverse and to scan every banknotes obverse and reverse are quite tedious job and very time consuming and energy sapping which i dont have now.

Therefore i chose those special ones to put in this blog to share with you all.

2008 12TH SERIES ZETI AZIZ TM50 50TH ANNIVERSARY OF INDEPENDECE (YELLOW BORDER) with 5 zeroes very Low Number AA 0000 920 (technically speaking). Another name locally known as RM50 50th Merdeka Goldline which are very popular and high demand in Malaysia and Singapore.

This note was issued in December 2007 with the mintage of 20,000 pieces only come with folder. It can be distinguished by its two borders which are YELLOW (Commemorative issues) in color compare with the circulation note which have SILVER color on its two borders.

This commemorative banknotes are very popular among the collectors.

Picture shown below are for circulation which have silver color borders.

Please visit often because i will gradually put up more fascinating banknote and Parliament coin pictures when time permits.