MNS auction no. 143

This is the last post from three of Malaysia Numismatic Society (MNS) auction no.143. The auction held on 28 March 2010 at Jabatan Muzium Malaysia, Malaysia National Museum, Kuala Lumpur. The auction start at 10.45am with MNS president Mr. Thenakaran Nadarajah himself as a auctioneer. Mr. Lawrence De Souza (guy sitting with the bidders card) act as a bidder for mail bidders. There are only around 45 members of the society who participated in the bidding process.




This year, the crowd are very small compare with the last auction held by this society in 2005. Only around 70 people are watching the auction session. Most of them are almost the same age with me or a bit older. I can only see two kids brought by their parents in this auction. look like, kids nowadays really doesn't interested on coins or banknotes collecting. Most of them were really interested on video games and social network like facebook. I start my collecting at the age of 15. With all the travelling and hunting around Malaysia, it is a rare sight, looking that kids participating in this kind of hobbies. One day, we can only see this kind of stuff in the museum.

Back to the auction, I cannot stay for the full auction that day. I am also cannot take the full video of the auction. I am sorry, will try to do better next time. This is the first time I am doing a post about any auction. Look like my digital camera is a bit slow. Look like the Malaysia 10th Series RM1 CR 7204131 Ali Abul Hassan signature with a reserve price of RM1650 ended up with no single bid, there is one seller at the bourse table selling the same CR prefix banknotes at RM1150 that day. That mean, to anyone who still looking for UNC CR Ali Abul signature, you still can get it for RM1000 this year.

The Malaya $10 1941 D/60 019898 extremely fine condition and with nice number too, end up at RM850. That is consider a way cheaper then the market price. Only two bidder, make a bid on that item. Malaysia 1st Series RM100 A/1 323396 Ismail Ali’s signature end up at RM4000. The United States Replacement $1 B 00098644 notes, end price is RM50. If any of you, MNS members have the complete auction list sale price, it will be a little bit of help to send the link in here or e-mail it to me at lunaticg@gmail.com.

One suggestion to MNS committee members, it is better nowadays if live online auction been done, instead of offline sale like this. It will be a bit hard to start with the website but in the end, it will benefit the society more. Most collector are not in Kuala Lumpur. It will added transportation cost for members from Penang, Kedah, Sabah or even Sarawak come to Kuala Lumpur, simply for the auction. More people bidding, means a good and healthy auction for the society. Many people also email me asking if any website is holding auction for coins and banknotes in Malaysia. This society can help member sale their items with accurate grading and reasonable reserve price. This is also one way to promote the society to the public and make people interested on joining the society. No pun intended but right now, what I see is that this society trying to hide their activity to the public (or maybe there is no activity at all). This society exist since 1968, why not make a change? For the benefit of the society and Malaysia Numismatic.

Please correct me if any of the information in here is wrong.

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7 comments:

syiling peringatan malaysia said...

Yer saya setuju 2 perkara, anak saya pun yang saya akan wariskan segala koleksi saya kepada dia pun macam tak berminat, mungkin bila dah tua, saya terpaksa jual semua koleksi saya.

2)MNS, tengokl ahli-ahlinya umur dah berapa, sebab tu bagi mereka INternet nie satu benda yang asing, apatah lagi kalau mahu berurusanjual beli.

The Man With No Name said...

Dear Mr.Lunaticg,

Collecting is my life! I have been collecting since I was a kid. Sadly, I was not able to achieve banknote/coin collecting as I do not have money as a kid.

Collecting is a dying hobby. Kids now more focus on action figures, fashion, gadgets & video games. I believe that I might be the youngest collector in your league.

Maybe the numismatic society wants to remain a low profile society thus becoming an elite society.

umihoney said...

Most of the hobbies that we had were those that were introduced to us by our teachers in school.It is the best place to nurture hobbies coz of common peer interest.Off course some were picked up outside the school environment from parents and so on..but that would be the best place to create interest in kids.

lunaticg said...

Hi Syiling peringatan.
Yang lama perlu digantikan dengan yang baru. Dunia makin lama makin laju. Kalau kita bergerak perlahan, kita akan jauh tertinggal ke belakang. Rasanya ada ramai juga eksekutif2 muda di luar sana yg berminat dengan coin collecting ni, cuma kebanyakan mereka tidak berminat untuk menyertai persatuan yg sudah terlalu tua ini. Perubahan perlu dilakukan untuk menarik minat mereka dan saya juga.

lunaticg said...

Hi Man with no name.
Elite society don't do their function at a government office hall. They do it in 5 star hotel or hall that everyone can easily go, like PWTC.

I totally agree, money is a big issue for kids to start their collecting. Last time, I am doing part time job and save a little bit of my allowance to buy myself my first Malaya banknote. Lucky for me, my father work help me a little bit on my collecting that time.

lunaticg said...

Salam umihoney.
I am the only one in my family doing coin and banknote collecting as a hobby.

Yes. school is the best place to teach kids about this old hobby. I never read if any school in Malaysia is teaching about coin or stamp collecting in class but in US, they do teach young kids about this hobby. Maybe because they can start collecting with just coin that they found in their pocket.

Anonymous said...

I was one of the kids at the auction(the one in the blue shirt). It is true that this is not a popular hobby nowadays. I hope that there will be more people interested in collecting coins and banknotes in the future.

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