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

NUMISMATICS ECONOMY IN MALAYSIA

By now everyone should know the economy situation in Malaysia are not good as there are several factors that are hurting our economy. Malaysia were hit hard on its currency MYR against the USD with today exchange rates touching 3.88 against the USD (as time of writing 06/08/15) couple with the fall of oil price (Brent crude) to USD49.50 per barrel from USD115.00 last year and this has hurt our economy greatly as we are an oil producing country. Our stock exchange are also in the doldrums caused by the above mentioned factors and resulted to losses to the retailers. Malaysians also need to live with higher cost of living with the recent implemented of the GST (Goods Sales Tax).

All these factors has contributed to lesser "disposable income" and this has affected the numismatics industries. Collectors have stopped buying and there are more sellers than buyers now and this has caused the prices to come down.

The only good things where i can think of are the good (high quality) and rare stuffs (banknotes/coins) have come out for sale to the market and nobody are fighting with you over it. And the realized prices can be surprisingly low.

I will share with you here what my recent acquisition are.

I only pay "peanuts" price for this 2 pieces of 1953 $1 QE II consecutive numbers of 66EPQ.

Another piece of "gem" i have found is the 1939 Thailand $1 Bath 66EPQ. And the price i have paid are just "peanuts" comparing last year 2014 crazy prices.

Always remember to buy when no one buys and sell when everyone are buying. Rule of thumb #1 "buy-low-sell-high" strategy. This strategy also goes to "collectors" as well, of course besides the dealers too.

Happy hunting !

Andrew

MNP AUCTION 14TH JUNE 2015 COMMENTARY

With the recent concluded MNP auction on the 14th June 2015 at Hotel Istana, Kuala Lumpur.
Everyone remembers MNP auction were famous for auctioning "solid numbers" with beyond imagination prices at its inaugural auction last year on behalf of BNM (Bank Negara Malaysia) and singlehandedly driven up all the prices of solid numbers banknotes to the unchartered territory.

Whereas for this time the items (banknotes) were consigned to MNP by collectors and not BNM.
Many solid numbers from the 11th series 2000 of RM1 with a reserve price between RM500 to RM1500, RM10 with a reserve price of RM700 to RM3000 and RM50 with a reserve price of RM900 to RM3000 lots were "passed" without a single bid.

Many collectors were left wondering comparing last year's MNP remarkable inaugural auction all the 12th series banknotes (current series 2012) were bidded from the lowest amount of RM2500 (ungraded) to the highest RM20,000 per piece (ungraded) were sold. How could a current issue 2012 12th series Zeti could fetch higher price then the 2000 11th series Zeti ? It doesn't make any sense in numismatics because generally speaking it should rightfully be the oldest banknotes fetch the highest price than the newest banknotes.

Ironically you can still find the 11th series solid numbers banknotes available in Ebay Malaysia priced between RM1000 to RM1500 of RM1 ungraded were priced lower but no buyers. The situation are very mind boggling i can't help but to think that MNP auction has created an artificial demand in the inaugural auction or the so called "feel good factor" on behalf of BNM last year.


Happy Reading,
Andrew

AUTOGRAPHS COLLECTION

There are many types of collectors in the world and what do i collect besides numismatics ? Well i do collect autographs of famous people and that is from all the great badminton players in the world.

I took up this sport when i was young and i took the opportunity to ask for autographs from all of them.

The Star 6th July 2009. Champion !

The Star 28th July 2009. Champion !

The Star 19th July 2010. Champion !

The Star 8th August 2013. Champion again !

When age are catching up and no longer have the energy and stamina to maintain my pace of game to face the younger players therefore i have retired from badminton and i've changed to the slower pace of hobby to collecting numismatics.

The Kwong Wah newspaper 11th Dec 2013

The Kwong Wah newspaper 20th Nov 2013

That's all about me from my young days till today.

Happy Reading.

Andrew