RM1 ZB AND RM5 ZB REPLACEMENT NOTES REVISIT

Amazingly the current price of 2012 RM1 Zeti "ZB" replacement note surged to RM700.00 each thus prompting me to review this banknote that i have blogged before please click on the link here ( RM1 ZB ).

Serial no. ZB 0134990

The reason for its rise attributed to scarcity despite the huge mintage of 134,990 pieces issued last year 2013 before Hari Raya Adilfitri. Many claimed it did not came out in a stack of 100pcs but only few pieces was slotted in between stack if you're lucky to find it.

However while i was browsing the web last night and i came across a photo of RM1 ZB in a stack of 100pcs from another blog (as picture shown below).

Does that mean stacks of 100pcs do exist from BNM (Bank Negara Malaysia) that not many people was aware off but only very few people knew about it and was being hoarded or cornered by them since it has low face value of only RM1.00 thus making it very easy to hoard ? And once the price is high it will come out slowly to the market with gradual controlled release only on low serial numbers (of course). This will artificially manipulate you to believe that the mintage was low with "2 zeroes" on the front but in reality it was not ? Well this is only my hunch and I let YOU be the judge.

However the currently price of 2012 RM5 Zeti "ZB" replacement note was consolidating at RM68.00 as at today but before it shot up to RM80.00 two months ago despite having low mintage of 60,000 pieces compare to RM1 ZB. 

The RM5 ZB came out in stacks unlike the RM1 ZB. Could it be because it was not being targeted to hoard because of its higher face value and it takes five times more capital to be hoarded ?

Please tell me your thoughts.

Happy reading.

Andrew 

RM1 ZB REPLACEMENT VERSUS RM5 ZB REPLACEMENT WHICH ONE IS BETTER INVESTMENT ?

I have been observing and incline to comment for months till today 16th Feb 2014 on this topic. Where do you want to put your money for better returns RM1.00 ZB replacement note or RM5.00 ZB replacement note ?

Obviously RM1.00 ZB is taking the lead it went to RM250.00 per piece on November 2013 and was done recently on 23rd January 2014 for RM450.00 per piece a pair of 2 pieces consecutive numbers that was the peak. 

This consecutive pair (as above picture) was sold for RM900.00 per pair. The high price was done perhaps it was consecutive pair and it fetches a premium (only about 10% higher) as most dealers have got individual pieces only and there are no consecutive pieces of more than one piece was ever seen thus far.

Many dealers argued the high price was fair because there was no bundles or stacks available in the market and only comes in individual pieces in between the stacks of common RM1.00 notes. What if i show to you another similar piece as below and tell me your thoughts ?

What does this picture tell you ? It show to you base on the serial number 0134990, there are "one hundred and thirty four thousand and nine hundred and ninety" pieces were issued by BNM. This is the highest number i have ever seen till today 16/02/2014. Do you still think this is rare ?

Now let us compare with RM5.00 ZB replacement banknotes as picture below.

Thus far this is the highest serial number i have ever seen (plus or minus 100pieces more). Have you ever seen any serial number higher than this one 0055401 ? That mean there were "fifty five thousand four hundred and one" pieces issued by BNM. And the current price is only about RM35.00 per piece on average. This is a far cry comparing with the RM1.00 ZB replacement note !

Eventhough the RM5.00 ZB replacement notes can be found in bundles of 100pieces and the RM1.00 ZB replacement notes can't be found in this manner doesn't mean they are rare. 

What if someone with strong hands are quitely kept the the RM1.00 ZB since it was the lowest cost (only RM1.00) to be kept and put aside for awhile before it reappear again when the price are higher ? This for sure are bound to happen. And when (not if) this happen the price would collapse back to RM1.20 each piece ? 

My advice to those newbies collectors please do your own mathematics and dont simply follow the flock !

The above pictures are proof and not hear say and it worth a thousand words on where to put your money.

I rest my case !

Every comments are welcome.