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

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

1976 CONSERVATION SERIES PROOF SILVER COINS OR WWF

In 1975-1976 the Royal Mint UK together with the WWF (World Wildlife Fund) and IUCNNR (World Wildlife Fund, and the International Union for Conservation of Nature and Natural Resources) issued a 12 pieces collection of silver proof coins, two each from from six different countries (Malaysia, Mongolia, Pakistan, Sudan, Venezuela & Zaire). In 1974-1976, 24 countries mint 1 gold and 2 silver coins (In total 24 gold coins & 48 silver coins) for Wildlife conservation series with each coin featuring an endangered species from that country. The countries that were invited to issued conservation coins: Afghanistan, Botswana, Colombia, Costa Rica, Ethiopia, Fiji, Falkland Islands, Gambia, Indonesia, Jordan, Malawi, Malaysia, Mauritius, Mongolia, Nepal, Oman, Pakistan, Seychelles, Sudan, Tanzania, Thailand, Venezuela, Zaire and Zambia.

All three pairs graded by NGC PF69 

Minted by Royal Mint U.K

Thus making this issue an international theme and highly sought after by collectors worldwide who wanted to make a complete set of 24 pieces of gold coins and 48 pieces of silver coins set.

Current market price for an NGC PF69 pair is MYR2500.00

Happy Reading.

Andrew

THE RETURN OF JUNE SHIPMENT FROM NGC

Sharing with all of you the unboxing of June shipment received on the 31st July 2015.

This lot contains proof coins of various countries and sizes from Malaysian collectors.

The FEDEX Extra Large box came back from NGC  Florida to Penang cost RM850.00 (corporate rates after discount). From Penang to NGC cost RM320.00 (corporate rates after discount).

* There are also 6% GST based on the invoice value incurred for this shipment.

* Insurance cost applies to cover the risk "to-and-from" (Door-to-Door) coverage.

A beautiful Tuvalu 2015 5oz pure silver Mythical Creatures coin weighing almost 1kg, nicely packed separately on the different box. Congratulation to Mr.Sing from KL for the uniqueness and the owner of this coin.

Such a magnificent  proof set of 1978 Singapore PF69. Congratulation to Mr.Hallowei the owner of this set.

China commemorative coins are very popular among asian collectors.  Congratulation to Mr. KS Tan from KL on your chinese coins collection.

Parliament coins has subdued in recent times, the focus and attention has switched to Malaysian commemorative proof coins.

2011 WWF set of 2 remain very popular and it is extremely very hard to obtain "perfect" PF70 especially for the nordic gold coins. Congratulation to Mr.Teoh from Penang the owner of this set.

Very rare proof silver coins mintage between 300pcs to 400pcs only. Congratulation to Mr.Teoh from Penang for obtaining perfect PF70 for 2009 Parliament proof coin.

2014 Malaysia-China proof coins remain very popular among collectors. Congratulation to Mr.Sing from KL, keep collecting.

Happy Viewing,

Andrew

MALAYSIA 1976 TAPIR PROOF GOLD COIN NGC PF 70

This is one of the "key date" of Malaysia gold coins and highly sought after.

The proof version has a mintage of 508pcs minted by Royal Mint UK in 1976 in conjunction of Conservation of Nature and Natural Resources.

Royal Mint UK has issued a 24 pieces of proof and BU coins for 24 countries back then and now they are highly sought after by international collectors.

Please click on the link here on my previous article on this issue ( 1976 Conservation Gold Coin )

Happy Reading.

Andrew

THE RETURN OF MAY SHIPMENT FROM NGC

Sharing with you guys the unboxing of May shipment from NGC / NCS received today 26th June 2015.

There are more Malaysian collectors are sending their coins to NGC and NCS currently as they have realize the important of coins preservation and conservation by NGC/NCS to preserve the lustre of your coins that will last for many years.

Every Malaysian coin collector knows the quality of the commemorative proof silver coins and nordic gold coins are dreadful (especially the nordic gold coins). Perhaps the planchet used are lower quality to mint the coins and after one year you could see a very faint white layer started to grow on the coin surface and some coins may have develop some white spots. These are symptoms of oxidization. If you ignore the symptoms the white spots will grow larger and soon cover the whole coin and it is too late for NCS to restore your coin back to its original condition.

Malaysian commemorative coins are of very low mintage from the year 2003 onwards and most of these coins are oxidized hence many collectors now are rushing to conserve these proof coins with the help of NCS service. There are very few that could achieve high grade of PF69 to PF70.

1976 Conservation proof series are highly sought after by collectors now because of the huge amount of interest in the gold proof  Cipan (Tapir) even though the silver proof has high mintage of 7500 sets of 2 but it has an international theme and was minted by Royal Mint U.K. (better quality compare with the modern issues).

I could remember very well during the issue of 2010 Jupem coins there were very few collectors want to keep this issue because it was not a popular theme and the design are awful but the mintage are extremely low only 200sets issued for set of 2. But after five years the scenario changed with the new Gen-Y collectors came in and start chasing all the low mintage coins and the price surged to unchartered territory.

Pefect score PF70 !!! Highly sought after by collectors.

These are extremely low mintage and considered extremely rare or rated as "RRR".

(Left) 2010 KTM mintage 300pcs, (Center) 2008 TUDM (Airforce) mintage 350pcs, (Right) 2009 Astronomy mintage 350pcs

PF69 trio and highly sought after by collectors.

These are extremely low mintage and considered extremely rare or rated as "RRR"

(Left) 2008 St.John mintage 350pcs, (Center) 2009 TLDM (Navy) mintage 300pcs, (Right) 2004 TAR mintage 200pcs.

2015 Asean Submit. I decided to send this latest commemorative coins set of 2 to NGC for grading now because i want to avoid sending to NCS later after a year.

ERROR COINS

These are very high grade of error coins belong to one of my client (Mr. Sapeli A.Malek) I was very surprise that these error coins could achieve such high grade. Congratulation to you. 

Happy reading.

Andrew