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

MALAYA BRITISH BORNEO 1961 $10 BIG "B/6" LAST PREFIX

This is the rarest buffalo note in the series - The last prefix Big "B/6".

The series of prefix Big "B" start from B/1, B/2, B3, B/4, B5 and Last prefix B/6, there are only six serial numbers in total thus make it scarce. 

This piece of note is in original VF condition - no wash, no hole and no tear. Among the buffalo banknote series the prefix Big B/6 command the highest premium because of its rarity. You hardly seen them in auction perhaps once in the blue moon. High grade or UNC condition are extremely hard to find and if you do it will probably cost you a bomb. 

Base on PMG population report, there are a total of 52pcs (as at time of writing) graded for Large Serial Number "B" or Big B (Pick 9c) it comprises B/1, B/2, B/3, B/4, B/5 and B/6. The highest graded in the whole "B" series are - 1piece (66EPQ) and follow by 3pieces (64) and 5pieces (58EPQ) and etc.

If you're searching for a piece of Big B for your collection then you will know how hard to find one and i want to wish you happy hunting that is the thrill and fun of collecting banknotes.

I want to wish all of my collector friends - Merry Christmas and a wonderful New Year 2015 !

Warmest Regards,

Andrew

STRAITS SETTLEMENTS AND MALAYA BRITISH BORNEO BANKNOTES

These are my recent acquisition of Straits Settlements banknotes for my collection.

These are very scarce banknotes from the era of King Edward VII (from 1901 to 1924).

1961 Prefix Big "B" 

The 1961 Malaya British Borneo with the Prefix Big "B" are extremely scarce and it has three prefixes in the series and they are prefix Small "A" (from A/1-A/80), Big "A" (from A/81-A/99) and Big "B" (from B/1-B/6) thus the prefix Big "B" are the least and very much sought after by collectors and the price for this note command a very high premium over the other two prefixes.

This piece of banknote carry the only chinese Finance Minister signature of Tun Tan Siew Sin of Malaya before it was succeeded by Ismail Ali in 1967 under the formation of Malaysia.

Happy Reading.

Andrew

MALAYSIAN COLLECTORS VERSUS SPECULATORS

During the good times when the stocks exchange were making new highs almost every week easy money were make from the stock exchange and everyone were more generous in spending money in numismatics thus driving up the prices. Those non collectors were attracted with making fast and easy money also jumped into the numismatics band wagon and became collectors or speculators and everything rises. Numismatics are more tied to the economy or level of discretionary income and everyone were happy with the hobby while speculators kept speculating and push up the prices and collectors were delighted with their increasing value of their collections. What hobby are more rewarding than numismatics huh ?

What happen to the "numismatics economy" during slow months ? Numismatics do share some common similarity with the stock market and that makes it more interesting to be in this hobby. It has the speculators and collectors that kept vintage and expensive banknotes/coins (blue chips in the stock exchange) and it has its up and down trend too.

During the slow months speculators that unable to hold on their inventory of banknotes/coins (mostly are modern replacement notes) will liquidate their stocks thus flooding the market and weaken the prices. And those small time speculators follow suits to cut-losses afraid the prices will drop further and this has caused a chain-reaction to other speculators too. The greatest impact were on modern replacement notes but nevertheless the negative environment also affect other vintage notes too.

Whereas the "smart money" will come pouring into vintage notes/coins from the collectors because they knew that is the best time to buy when everyone are selling and rare notes/coins will surface during bad times and in contrast it was very hard to find rare vintage notes/coins during good times because collectors held them tightly in their collections and they does not need money.

So you ought to know the timing when you should buy and certainly you dont buy when everyone are buying along side with you.


Below here are only some of the selected few of my banknotes which came back from PMG recently.

Happy Reading !