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

AUCTION PRICE REALIZED - THE WORLD TEAM TABLE TENNIS CHAMPIONSHIPS 2016 COPPER COIN

This was the first commemorative coin issue of 2016 - The World Team Table Tennis Championships 2016. This international tournament was represented by more than 100 countries. It was held from February 28 to March 6 at Malawati Stadium in Shah Alam, Selangor Darul Ehsan.

Unfortunately, there was no gold coin issued to mark this event, however it was replaced by Copper coin instead. This series comprises of Single proof silver (500pcs minted), Set of 2- Silver proof & Proof Nordic Gold (2000pcs minted), Copper coin Matte finish (150pcs minted) & Copper coin Proof-Like finish (150pcs minted), Nordic Gold coin Brilliant Uncirculated (10000pcs minted in coin cards).

In this issue we have seen some changes in issuing by BNM, for instances, there were no gold coins issued, copper coins were issued with two different finishing - Matte & Proof Like, the mintage for single Silver proof coins has reduced significantly to 500pcs only and that is a major reduction and the same goes for the Nordic gold (BU) coin issued in coin cards with only 10000pcs minted a reduction from 25000pcs base from the past issues.

It was rather disappointing that the public was unable to purchase the copper coins over the counter due to its extremely low mintage, therefore it was put on auction with 60pcs for Matte & 60pcs for PL finishing.

Silver proof single - 500pcs minted

Set of 2 comprises of Silver proof coin & Nordic gold proof coin (2000pcs minted)

Copper coin, two types of finishing - Matte (150pcs minted) & Proof Like (150pcs minted).

Nordic Gold coin Brilliant Uncirculated finishing (10000pcs minted).

MNP AUCTION OF COPPER COIN 6th March 2016

The copper coins was auction at Sasana kijang  with only 60pcs PL & 60pcs Matte finishing and the realized prices was preposterous. The Copper Matte coins was realized between MYR1800 -MYR2000each and the Proof Like Copper coins was realized between an average of MYR2000 - MYR2400each.

Note : Realized prices are subject to Buyer's Premium 15% for floor bidding & 20% BP incurred for online bidding. (No GST incurred).

Matte finishing realized price MYR1800-MYR2000 + BP

Proof-Like realized price MYR2000-MYR2400 + BP

Specification of copper coin :-

contains : 99.9 pure copper

weight : 130grams

diameter : 60mm

Happy Reading,

Andrew

1967 RM1000 1st SERIES SA-RIBU SELLING FOR RM32,500 (UNGRADED)

The Star 26th Feb 2016

Just some high lights from the recent numismatics fair at Megamall, Penang - a single piece of RM1000 1st series 1967 bank note ungraded (however grade were not mentioned) are selling for RM32,500. The seller claimed the current retail price for this piece of banknote is almost doubled.

Monetarium auction 24th Oct 2014 

Mavin auction 14th Nov 2014

Let's look at the past auction results, during the Monetarium auction on 24th Oct 2014 for a single piece of SA-RIBU with 50EPQ AUNC asking for SGD21,000 but the lot was passed. Then comes the Mavin auction there were 2pcs of AUNC 55EPQ & 55 consecutive notes asking for SGD42,000 however the lot was passed without a single bid. Are the asking price too high ?

So question goes back to the above article from the seller Michael Chew asking price for just RM32,500 for and ungraded RM1000 SA-RIBU is it too cheap ?

However, collecting numismatics banknotes are certainly better than keeping money in the bank for sure.

Happy reading.
Andrew

1976 CONSERVATION SERIES PROOF SILVER COINS OR WWF

In 1975-1976 the Royal Mint UK together with the WWF (World Wildlife Fund) and IUCNNR (World Wildlife Fund, and the International Union for Conservation of Nature and Natural Resources) issued a 12 pieces collection of silver proof coins, two each from from six different countries (Malaysia, Mongolia, Pakistan, Sudan, Venezuela & Zaire). In 1974-1976, 24 countries mint 1 gold and 2 silver coins (In total 24 gold coins & 48 silver coins) for Wildlife conservation series with each coin featuring an endangered species from that country. The countries that were invited to issued conservation coins: Afghanistan, Botswana, Colombia, Costa Rica, Ethiopia, Fiji, Falkland Islands, Gambia, Indonesia, Jordan, Malawi, Malaysia, Mauritius, Mongolia, Nepal, Oman, Pakistan, Seychelles, Sudan, Tanzania, Thailand, Venezuela, Zaire and Zambia.

All three pairs graded by NGC PF69 

Minted by Royal Mint U.K

Thus making this issue an international theme and highly sought after by collectors worldwide who wanted to make a complete set of 24 pieces of gold coins and 48 pieces of silver coins set.

Current market price for an NGC PF69 pair is MYR2500.00

Happy Reading.

Andrew

COLLECTORS HUNT 2012 MALAYSIA 12TH SERIES PREMIUM SET OF 6

The folder contains all the new denominations  from RM1 to RM100 with the same prefix and serial numbers.

It is about time for Malaysia 12th series Premium set to rise and you better get it now if you hasn't. By now everyone knows Bank Negara governor Zeti Aziz will not renew her contract after her term end in April 2016.

This set is the cheapest and most valuable and will be the last commemorative banknotes under Zeti with mintage of just 50,000 sets issued under her tenure as governor of BNM and has been on "hibernating' mode for long time since it was issued. Many banknotes traders and collectors are quietly accumulating this set under the radar since Zeti's announcement. 

Today 11th Dec 2015, this set could still be found available on Ebay Malaysia for MYR400.00 not far from it's issue price of MYR300.00. I believe MYR400.00 will not last for long.

Malaysia banknotes have significant interest from collectors from mainland China and Singapore and with the drastic drop in MYR currency this "Premium set" are too attractive for the foreign collectors to collect or to hoard !

Happy hunting.

Andrew