IMPORTANT KEY DATES FOR MALAYSIAN NUMISMATICS, GRADED COINS AND BANK NOTES PART 2

Well this is the second part from my earlier post on 5th Dec'13.

There are many types of numismatics collectors :-

a)some would focus on key dates
b)some would only collect raw banknotes/coins
c)some would only collect graded banknotes/coins
d)some would only collect error banknotes/coins
f)some would only collect high grades banknotes & coins (key dates are not important
for this type of collectors).

So what type of collector are you  ?

Key Dates for coins (Parliament series from 1967 - 1988)

1)1967 proof set from 1sen - 50sen mintage of 500sets minted

2)1970 - 1sen

3)1976 - 1sen Copper variety (less then 100pcs were known to exist)

4)1977 - 5sen
Note : this is a "sleeper" coin not much attention were given to this 5sen coin. The price will explode soon once collectors realized its scarcity.

5)1971 - 10sen (32,236 pcs minted)
Note : according to the NGC census report there are 147pcs graded and 146pcs were graded "UNC" as at today 10/01/14. If you compare with other year there not more than 4 pieces were graded by NGC, hence making the year 1971 10sen the most populated and "common" in UNC condition.

Note : I have 2 pieces waiting to be graded by NGC. Please place your orders first if you are interested.


6)1970 - 20sen (1.054million pcs minted)
Note : according to the NGC census report there are 54pcs graded and all were graded "UNC" as at today 10/01/14. Obviously this coin is much rarer in UNC condition than its 1971 10sen. Furthermore the current price is lower than the 1971 10sen. If you are wise you should know which one to be given priority right ?

Note : I have 2 pieces waiting to be graded by NGC. Please place your orders first if you are interested.


7)1969 - 50sen (2million pcs minted) Highly sought after and very high profile !
Even with the high mintage of 2million pieces minted how many UNC condition can you find ? It is much rarer than the 1971 10sen. According to the NGC census report there are only 37pcs (Security Edge) graded and only 34pcs (Security Edge) were graded as UNC as at today 10/01/14.

Note : there are many unscrupulous sellers would claim their coin condition are UNC condition but the surface of their coin is similar like the surface of the moon. Hence dont be disappointed when NGC graded as AUNC or worse EF. These type of sellers are common on Ebay.




1969 - 50sen Milled Edge (No security edge)
According to the NGC census report there are only 9pcs graded and just a minor 3pcs were graded "UNC" as at today 10/01/14.

Based on NGC census report do you still think the 1971 10sen still rare ? Your answer is as good as mine.



I will continue with my next article of IMPORTANT KEY DATES FOR MALAYSIAN NUMISMATICS, GRADED COINS AND BANK NOTES PART 3 soon.

Happy Reading !

MALAYSIA 1970 20 CENT PARLIAMENT SERIES COIN

This is the most sought after "the most important" key date by collectors in the Parliament coinage series, the 1970 20sen of having the least mintage of 1.054million pieces and was minted by Royal Mint UK. No doubt its mintage may seem huge but as for circulation coin it was considered the least mintage. Furthermore where can you find in BU condition after 44 years ? (as the time of posting this article 04/11/2013).

If you don't belief how rare to find a used or circulated 1970 20sen try breaking your piggy bank after years of "dumping" loose change into it. Tell me by commenting below how many pieces have you found ? Don't be disappointed if you can't find any (you are not the only person though). Make this a challenge for yourself since it is now school holiday season.

FYI, the Royal Mint UK have minted Malaysian coin in the period of 4 years from 1967 - 1970 thereafter it was minted by local our producer the Kilang Wang Malaysia.

Contact me if you're interested in this coin. You can either call me (for local Malaysian) or send me an email.