SINGAPORE COMMEMORATIVE COINS VERSUS MALAYSIA COMMEMORATIVE COINS

Singapore is issuing its latest commemorative coins on 28th May 2015 to mark its 50th Independence (Merdeka).

Set of 3 price SGD1100.00, mintage 500sets

Single silver 1oz. price SGD133.00, mintage 15,000pcs

Single Cuorpo-Nickel BU coin price SGD28.00, mintage : On Demand (unlimited)

Single gold 1/4oz. 999.9 pure gold (7.776grams) price SGD890.00, mintage 2000pcs

Commemorative coins last issued by BNM

Set of 3 price RM2100.00, mintage 750sets

Set of 2 price RM250.00, mintage 750sets

Single proof 1oz. silver price RM200.00, mintage 2000pcs

Single proof 99.99 pure gold 1/4oz. (7.96grams) price RM1800, mintage 500pcs

Nordic god coin price RM10, mintage 25,000pcs

Just comparing the prices and the quantity issued by MAS (Monetary Authority of Singapore) versus BNM (Bank Negara Malaysia) last issued in 2014.

In term of pricing and mintages between these two central banks there are vast different. And now let's compare the population of Singapore of 5.47million people (latest survey done in 2014) against Malaysia population of 30.644 293 million people (latest survey done in 1st Jan 2015). 

Furthermore Singaporean collectors are also collecting our Malaysian commemorative coins. Do you still think our commemorative coins mintages are high ?

Let me simply put it to you our Malaysia commemorative coins prices are too "cheap' comparing with it's low mintage. 

Malaysian collectors tend to have the herd mentality always like to chase up the price when they are too late. So you're advised to buy first before the supply are depleted.

Happy collecting.

Andrew

MALAYSIA 1st PRIME MINISTER TUNKU ABDUL RAHMAN COMMEMORATIVE GOLD COIN 1971

This is the most classic gold coin for young and old collectors to collect with rich of history it carries through the years from 1971 for the reason begin the first gold coin ever issued by Malaysia to commemorate the first prime minister of Malaysia. This is a "must have" for those who collect Malaysia coins.

Even with the high mintage of 100,000.00 pieces were issued for B.U condition but you can't easily find them in good condition today and many were melted when the price of gold went up from 1971  and some were made into the form of jewellery. During the time of issue those collectors purchased them for RM100.00 (MYR) as the same face value of $100.00 it carry, thus many collectors during  those times realized the gold coin was not worth the value of RM100.00 because the gold content it carry were .917 and with the weight of 18.66 grams coupled with the low price of gold making it not worth keeping, those collectors using the gold coin to trade and paying for purchases since it was legal tender for the same value of RM100.00. Hence this gold coins was in "circulation" during those years since it was legal tender and was accepted as payment method, this resulted many of these coins condition with scratches and worn. There are not many good condition of this coin these days in UNC condition. Good luck in finding one.

Specification :-

Year of issue : 1971 
Face Value : RM100
Gold Purity : .917%
Standard Weight : 18.66grams
Diameter : 27.7mm
Condition : Brilliant Uncirculated 

 

Please contact me if you are interested. My email id : junetle28@gmail.com or h/p : +6012-4316178.