Wednesday, February 24, 2016

The world's most expensive coin ever sold.

The Flowing Hair Dollar 1794

Obverse

Reverse
Throughout its history, the 1794 dollar has widely been considered one of the rarest and most valuable of all United States coins. In a September 1880 issue of The Coin Journal, the author noted that a good quality specimen of the 1794 dollar was valued at fifty dollars. In the early 1990s, numismatic historian Jack Collins estimated the surviving number of the coins to be between 120 and 130. In 2013, the finest known example, which was among the earliest coins struck and was prepared with special care, was sold at auction for $10,016,875, the highest selling price of any coin in history. The dollar was graded Specimen-66 by the Professional Coin Grading Service, noting the special conditions under which it was struck. The coin, which had previously been owned by Colonel E.H.R. Green, was sold by Stack's Bowers Galleries in a public auction in January 2013. It was previously sold in 2010 for what was then a record sum of $7.85 million, to the Cardinal Collection Educational Foundation. Steven Contursi, a former owner of the coin, said that it was a "national treasure" and that he was proud to have been its "custodian" from 2003 until its sale in 2010.

source: wikipedia

I wonder what is the most expensive coin ever sold for Malaysian coin? Anyone have a clue?

Cheers and keep on collecting.

Tuesday, February 23, 2016

New BNM Governor replacing Tan Sri Zeti Akhtar Aziz in April 2016

Tan Sri Zeti Akhtar Aziz
Tan Sri Zeti Akhtar Aziz will be stepping down as her last term will end this April. This is the report that she told newsman after the launch of Integrated Account Platform (IAP) recently at Sasana Kijang.
Tan Sri Zeti Akhtar Aziz today refused to reveal any information on the identity of her successor following her last term as the Governor of Bank Negara Malaysia.
Zeti's contract will end in April and she added, that she will not stay on for another term as the Bank Negara's Governor.
She, however, said the announcement on her successor would be made soon.
"In due time, you will be informed. There is a process for it and you have to be patient," Zeti told newsmen after the launch of the Integrated Account Platform (IAP), an Islamic banking investment platform at Sasana Kijang today.
She reiterated that the process of appointing a new Governor will take time because it had to be done meticulously and in depth.
Zeti explained, that the process of finding her successor is being undertaken by the Governance Committee of the BNM Board which comprises independent directors from the private sector.
This was to ensure her successor has all the required qualifications and criteria.
Zeti said the people need not worry on the issue of her successor because Bank Negara would remain a solid institution.

Well, for me personally this is a welcomed news because that means we will finally be having a new signature of the new Governor on the next issues/series of Malaysian Banknotes! And hopefully the Zeti's signed notes will get more valuable.
Zeti Aziz Signature
What do you think of this news?

Cheers and keep on collecting.

Monday, February 22, 2016

Malaysian 10 cent coin Year 1971 variety 3

This is the only 10 cent 1971 left in my humble collection right now, all the Variety 2 was sold a few years back when I decided to raise some cash for a new business venture.
obverse side showing the most sought after year 1971

reverse side of the coin

You can read how I found a circulated 10 cent 1971 here about 4 years ago here.
And some of the 10 cent 1971 V2 UNC that I bought here and here.

Keep on collecting!

RM1 ZG ZH ZJ ZK ZL ZM ZN ZP ZQ ZR ZS ZT ZU ZV 14pieces Zeti Paper Money. Is it replacement banknotes?

This is a very peculiar notes because the prefix starts with Z but it is maybe not a Malaysian replacement note. The condition is from AUNC ...