Do you know what is Malaysia rare coins or Malaysia rare key dates that most collectors are looking for? If you expect that their prices can go up for over 1 million ringgit, please don't read this post. You will be disappointed with the low price for rare coin of Malaysia.
For all my collectors friends. The word "rare" in here is not about rare in numismatic. Please don't message me and tell me that I wrongly used the words 'rare'. If you want to use that word 'rare' properly, can you give me one Malaysia coin that can be put as rare coin?
Last time when I were actively looking for coins in the flea market, I can still find Malaysia key dates coins with a reasonable price and high grade condition. Nowadays, it is almost impossible to find some of them in any flea market because they're many collector around.
I have been discussing about Malaysia rare coin in many of my posts before. Some of the coin is very hard to find and most dealer will not sale them according to catalog price. For last year, price of the 10 sen 1971 has been skyrocket since many collector already knew there are two variety of the 10 sen 1971; v1 and v2. Early this year, some "stupid collector" has been claiming that there is a "Fake 10 sen 1971" offered by a seller to him. He said the price is almost the same as the original but slightly cheaper. Funny thing is so far we don't see a single piece of a fake 10 sen 1971 coin yet. You can read a post about the story in here; Duit palsu 10 sen 1971. Last week I have a chance to ask some people regarding the counterfeit 10 sen 1971 and from the information that I get I found out that a collector who work in a factory and famous for his Fake Kijang Emas maybe has been attempting to make that counterfeit coin. He maybe want to try to sell it among collectors so authority don't know about it. His agents are busy making rumours about this counterfeit coin so you can make order to them.
To any of my collector friends who received or bought that fake coins, please report it to police and send a copy of your police report and the said fake coin to Bank Negara Malaysia (BNM). We don't want a counterfeiter ruining our hobby in Malaysia.
Maybe the most sought after Malaysia coins for 2013 will be the 1 sen 1976 copper coin. The over RM4,000 price tag is tempting for most non collector. Some of them even think all 1 sen 1976 are consider as rare. The truth is only only 1 sen 1976 that do not attract to magnet is expensive. The heavy price is for the high grade Brilliant Uncirculated (BU), the lower the grade, the lower the price. You can learn about the coin in this post; How to detect 1 sen 1976 copper coin. This coin is also so far the most expensive circulation coin for Malaysia.
Another Malaysia coins that is HOT in the market is 50 sen with milled edge for 1967,1968 and 1969. It is almost impossible to find it at open market nowadays and some altered coins has been found. The altered coins look like a milled edge 50 sen but came from the normal security edge "50 sen berparit". I hope everyone who is looking for these coin will be aware about it and take extra precaution when someone offer you a complete set of 50 sen milled edge. The price for each coins already going up over RM1000 a piece with 1969 50 sen milled edge as the most hard to find from the rest. You can learn more about it in here; Duit syiling 50 sen Parlimen.
Here is a list of Malaysia rare coins/Key dates coins:
-Malaysia 1970 1 sen -only 2,000,000 has been mintage
-Malaysia 1976 copper 1 sen -only 100 pieces known to exist
-Malaysia 1971 10 sen -only 32,326 has been minted (this coin have 2 variety).
-Malaysia 1970 20 sen -only 1,054,000 has been minted.
-Malaysia 1994 20 sen -only 2,680,339 has been minted.
-Malaysia 1969 50 sen -only 2,000,000 has been minted.
-Malaysia 1967, 1968 & 1969 50 sen without security edge.
-Malaysia 1995 50 sen -only 1,650,423 has been minted.
For their price and value, you can read about it in my blog; www.malaysiancoin.com.
