Sunday, September 18, 2011

No issue Malaysia coins

A friend of mine asked me to find a 20 sen 2003 to complete her collections. She even offer RM100 for a piece of that coin, if you can find it. Many newbies who are looking to complete their collection don't know that they're some years Bank Negara Malaysia (BNM) don't issue any coins for certain denominations. If you find someone selling that particular coins, it most probably a fake or replica, just to satisfy collector desire for that coins. Some of the coins also sold by Mistik Website/blog for a very high price. Here are the list of coins not issued by BNM.

duit Malaysia tiada keluaran

No issue Malaysia coins (Duit tiada keluaran):

1 sen:
Year (1969, 1972, 1974 & 1975). Last known mintage 2007.

5 sen:
Year (1969, 1970, 1972, 1974, 1975, 1983, 1984 & 1986).

10 sen:
Year (1969, 1970, 1972, 1974, 1975, 1984, 1985, 1986 & 1987).

20 sen:
Year (1972, 1974, 1975, 1983, 1984, 1985, 1986, 1995, 1996, 1999, 2003).

50 sen:
Year (1970, 1972, 1974, 1975 & 1976).

One ringgit:
Year (1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1983, 1987 & 1988). RM1 no more legal tender from 7 December 2005.

BNM don't mint coins for that years because there is no coins shortage for that particular denominations in circulation. For some years, BNM minted over 100 millions pieces coins a year and the next year, they don't mint a new coins. It will be easy for you to understand about collecting if you bought a book. There is a small book by Peter Eu & Ben Chiew sold for RM25 that can help you learn a little bit about Malaysia coins and banknotes.