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

2013 50th ANNIVERSARY OF THE FORMATION OF MALAYSIA

This one is the hottest commemorative coin issued by Malaysia Central Bank in recent years. Malaysia Day is celebrated on 16 September every year to commemorate the establishment of the Malaysian federation which comprises 11 states in Malaya and two states in Borneo, namely Sabah and Sarawak.

Collectors were seen queuing since 6pm the day before until the bank was open at 9.00am the next day for the sale of the coins. Within two hours everything were snapped up.

The proof set of 3 with mintage of only 500sets minted were the favourite of the collectors.

The single proof 1/4oz. (7.96gms) gold coin with mintage of 750pcs minted wasn't in high demand among the collectors mainly because of the high premium over spot (USD1320.00 per ounce, exchange rate RM3.30 = USD1.00) against the issue price RM1800.00. This single coin were deemed too expensive and over valued.

The proof set of 2 (silver & nordic gold) with the mintage of 1000pcs minted were clearly the favourite by the collectors and dealers. Dealers were able to flip with almost 100% profit on the secondary market immediately. And it was sold out within 30minutes of opening.

The proof single silver with the mintage of 10,000pcs were the first coloured silver coin and with .999 pure silver minted in one ounce (31.10gms) ever produced by Malaysia. Usually the silver coins come in 21gms and contains .925 silver for every commemorative issues. I was told that up to 5000 pieces of this silver coins was given as a gift to VIPs during a function held in Sabah & Sarawak (East Malaysia) on the 16th & 17th Sept 2013 by the Prime Minister to mark the occasion of Malaysia Formation Day celebration.

The Nordic gold coin or coin card with the mintage of 25,000pcs was the most popular among the young and amateur collectors as it was the cheapest entry level into this hobby of numismatics thus making everyone affordable to collect. And it was not surprising that it was sold out within two hours upon opening of sales. I was told that this coin card was also given as a gift to every attendees during the function in Sabah and Sarawak.

MALAYSIA COIN CARDS OR NORDIC GOLD

The latest trend among Malaysian collectors are coin cards ! This crazy trend was started last year 2012 because it is cheap and affordable for everyone to collect. This theme of collection are meant for juniors and amateurs with low issue price by Bank Negara Malaysia ranging from RM5.00 to RM10.00.

But lately the appreciation of coin cards has shot up dramatically and has caught many by surprise even to seasoned collectors. And in term of percentage gain it has out perform gold and silver.
For example the Shah Alam coin card with mintage of 8000pcs issued in year 2000 with the issue price of RM5.00 to now RM650.00, and the 2007 Police coin card with mintage of 10,000pcs with issue price of RM8.00 to now RM250.00. (Picture as below).

 

 

Most of the recent year issue with mintage of 15,000pcs to 20,000pcs the price has surged to the range of RM40.00 - RM80.00 region and mintage between 20,000pcs to 25,000pcs (2012 INSTALLATION OF THE KING XIV NORDIC GOLD) the price has risen to RM30.00 - RM50.00.

With the dramatic rise of Coin Cards or Nordic Gold it has caught the interest of many Malaysians and has attracted many young collectors into this hobby of numismatics.