Tuesday, June 23, 2020

Malaysia Rare Coins

Malaysian coins illustration (example from shutterstock)

This is the list for some-what rare Malaysian Coins:

1. 1 sen 1968 - 10,500,000 mintage
2. 1 sen 1970 - 2,535,000 mintage
3. 1 sen 1976 copper clad steel - 21,400,385 mintage
4. 1 sen 1976 copper - less than 100 pieces known to exist
5. 5 sen 1997 - 7,703,850 mintage
6. 5 sen 2004 - 11,520,000 mintage
7. 10 sen 1971 - 32,236 mintage
8. 10 sen 1994 - 7,122,222 mintage
9. 10 sen 2003 - 8,640,000 mintage
10. 20 sen 1970 - 1,054,000 mintage
11. 20 sen 1971 - 9,958,419 mintage
12. 20 sen 1978 - 6,847,062 mintage
13. 20 sen 1994 - 2,680,339 mintage
14. 50 sen 1969 - 2,000,000 mintage
15. 50 sen 1979 - 5,361,146 mintage
16. 50 sen 1985 - 7,115,162 mintage
17. 50 sen 1986 - 8,193,478 mintage
18. 50 sen 1987 - 7,696,117 mintage
19. 50 sen 1995 - 1,650,423 mintage

so the next time you received this old coin make sure to check it out.

Wednesday, September 18, 2019

THE TOP 3 LARGEST VALUE BANKNOTES IN THE WORLD

The largest value banknotes in the world:
1. Singapore Dollar 10,000
Singapore has held the world record for largest value of a single banknote. It is worth around USD7,726 during this day Sept 18th 2019. Presumably, for similar reasons, the Singapore Monetary Authority has announced plans to phase these high-value banknotes out

2. Brunei 10,000 Dollars

The Brunei dollar is issued and controlled by the Monetary Authority of Brunei Darussalam, and therefore totally under control of the oil-rich microstate. It is worth around USD7,460 at the moment.


2. 1,000 SWISS FRANCS (CHF)
Switzerland has bucked the western trend of eliminating high-value banknotes by maintaining its 1,000 franc note. Best of all, the Swiss government has indicated the purple note as here to stay. It is worth around USD1,004. So it is almost the same value as the USD.

So that wraps it for today the Top 3- Largest value banknotes in the world. Happy Collecting and keep up the good work!

via https://nomadcapitalist.com/2018/02/02/largest-value-banknotes-world/

Saturday, September 7, 2019

Datuk Nor Shamsiah Mohd Yunus as the 9th BNM Governor


Datuk Nor Shamsiah Mohd Yunus has been named the new Bank Negara Malaysia (BNM) Governor, the second woman to hold the position after Tan Sri Dr Zeti Akhtar Aziz.
Her appointment is effective July 1, 2018 until June 30, 2023.
She takes over from Tan Sri Muhammad Ibrahim, who resigned early this month before completing his five-year term, after his appointment in May 2016.
Kampung Baru-born Nor Shamsiah, 54, the fifth in a family of six, joined the central bank in 1987.
Rising through the ranks, she became assistant Governor in December 2004 before being appointed as deputy Governor in November 2010 upon the retirement of Datuk Zamani Abdul Ghani, and was re-appointed to the same post in 2013.
She left the central bank in November 2016 to join the International Monetary Fund, the same year that Zeti finished her tenure as Governor in April.
Nor Shamsiah holds a Bachelor’s Degree in Accountancy from the University of South Australia and is a Fellow of the Australian CPA.
She has extensive experience in developing regulations, policies and guidelines for the banking sector and was also involved in financial sector resolution initiatives during the Asian financial crisis as well as in the implementation of the Financial Sector Masterplan for the development of the Malaysian financial system from 2001 to 2010.
She was also involved in the investigation into 1Malaysia Development Bhd (1MDB) while at the bank.
Datuk Nor Shamsiah Mohd Yunus has been appointed as the new Governor of Bank Negara Malaysia (BNM) for a term of five years effective from July 1, 2018 to June 30, 2023, Finance Minister Lim Guan Eng announced yesterday.
Lim said the Ministry of Finance (MoF) has been instructed to announce that the Yang diPertuan Agong had on June 19, 2018 granted his royal consent to the recommendation of Prime Minister Tun Dr Mahathir Mohamad to appoint Nor Shamsiah as the new Governor.
“The Prime Minister forwarded his recommendation on June 18, 2018 to the Yang di-Pertuan Agong that Datuk Nor Shamsiah be appointed as the BNM Governor for a term of five years effective from July 1, 2018 to June 30, 2023,” he said at a press conference in Putrajaya here, yesterday.
She takes over from Tan Sri Muhammad Ibrahim, who resigned early this month before completing his five-year term, after his appointment in May 2016.
Nor Shamsiah was the Deputy Governor of BNM from 2010 until 2016.
She recently served as Assistant Director of the Monetary and Capital Markets Division of the International Monetary Fund.
As Deputy Governor, she was responsible for banking, insurance and takaful supervision, financial intelligence and enforcement, talent management, finance and shared services of the central bank.
Nor Shamsiah joined BNM in 1987 and has served in various areas including prudential regulations, legislation, policies and guidelines for the financial sector and supervision.

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!

Friday, April 6, 2012

RM5 6th Series Prefix NK0 one of the rare Malaysian banknotes

One of the banknotes that many hardcore collector wish to have in their collection is the Malaysian RM5 Prefix NK0 signed by the then Governor Jaffar Hussein. I have seen a piece in UNC going for RM1000 a piece. The reason for this is that the NK0 is a crossover note to the latter NK which carries a silver security line.

I acquired these 2 piece vf condition notes recently and will remained in my collection for the time being.

RM5 NK0 2 piece running number vf condition
So another one on my list will be scratch:

>>My next year 2012 resolution is to have these notes:

1. RM100 Sa-ratus
2. RM100 4th
3. 50 cents milled edge
5. RM50 goldline
6. RM10 Kerbau - UNscratch due the notes sold in MARCH 2012
7. RM500 complete set
8. RM1 AAH CR 
9. RM2 ZB
10. RM5 NK0
Cheers and happy hunting!

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 ...