Wallabies-Men of Gold 2011

Wallabies-Men of Gold 2011 minted by Pert Mint. The Wallabies have competed in all six Rugby World Cups, and won the World Cup on two occasions – in 1991 defeating England and in 1999 defeating France. The team competes annually with New Zealand and South Africa in the Tri-Nations Series. Within this series, they contest the Bledisloe Cup with New Zealand and the Nelson Mandela Challenge Plate with South Africa. Currently, Australia is ranked second in the International Rugby Board World Rankings. The coin struck by The Perth Mint from 1oz of 99.9% pure silver in proof quality, the Wallabies – Men of Gold coin is the official coin of the Australian Rugby Union (ARU).

The coin’s reverse depicts a Wallabies player in action, holding a rugby ball. The design features the famous Wallabies green and gold colours and official logo. The design also incorporates the inscription MEN OF GOLD 2011 and The Perth Mint’s ‘P’ mintmark.

Issued as legal tender under the Australian Currency Act 1965, the coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II and the monetary denomination.

Technical Specification:

Silver Content (Troy oz) 1

Monetary Denomination (AUD) 1

Fineness (% purity) 99.9

Minimum Gross Weight (g) 31.135

Maximum Diameter (mm) 40.60

Maximum Thickness (mm) 4.00

Designer Ryan Vanderwiel

No more than 5,000 of these coins will be issued by The Perth Mint. The coin is accompanied by a numbered Certificate of Authenticity. The coin is housed in a classic display case and presented within a coloured shipper featuring the team colours. You can still buy this coin at Pert Mint Website: Wallabies-Men of Gold 2011.

Read More

2011 All Blacks Silver Proof Coin

2011 All Blacks Silver Proof Coin minted by New Zealand Post on 19 October 2010. The one ounce pure silver coin is authorised by the Reserve Bank of New Zealand and, as per all New Zealand legal tender coins, has a portrait of Her Majesty Queen Elizabeth II on the ‘heads’ side. The 2011 All Blacks Coin is the first commemorative coin release from New Zealand Post, under an exclusive licensing agreement with the New Zealand Rugby Union. On the reverse of the coin, you can see Black face with a repeating fern pattern in low-relief, All Blacks logo and One Dollar are incused in silver.

The 1 oz silver proof coin has been struck in 0.999 pure silver with a black reverse face. The coin is unmistakably All Blacks, and the black background is given even more impact with the fern design rendered in low-relief and clearly visible when viewed from different angles. Shining through in the centre of the coin is the ‘one dollar’ denomination and the official All Blacks logo shown in the strength of pure silver.

Technical specification:

Denomination: New Zealand one dollar (NZD $1)

Composition: Pure silver (0.999)

Finish: Silver proof

Weight: 1 ounce

Diameter: 40.0mm

Edge treatment: Milled

Obverse design: Portrait of Her Majesty Queen Elizabeth II by Ian Rank-Broadley, England

Reverse design: Black face with a repeating fern pattern in low-relief. All Blacks logo and One Dollar are incused in silver.

Mint: BH Mayer’s Kunstprägeanstalt GmbH

Worldwide mintage limit: 10,000 coins

The item is still available at New Zealand Post website; 2011 All Black Coin or you can also buy them through selected New Zealand PostShop stores, at REAL Aotearoa stores in Auckland, Wellington and Christchurch, or by phoning 0800 782 677.

Read More

Selamat Hari Merdeka 2011

Its that time of the year again that we celebrate our Merdeka celebration but this year, Our National Merdeka Celebration will be postponed due to Hari Raya Celebration that fall on the same day as Merdeka. The 54 years Merdeka Celebration will be held on 16 September 2011 at Dataran Merdeka Kuala Lumpur. Once again, I want to wish "Selamat Hari Merdeka 2011" to all my Malaysian readers and friends. You can read about Malaysia Merdeka coins at my old post: Selamat Hari Merdeka Coins. If you're looking for Malaysia Merdeka logo and Malaysia flag, you can go to my post Malaysia Merdeka 2011. This year Merdeka Theme is "1 Malaysia, Transformation Success, People Peace".

If any of you remember our country history lesson, Tunku Abdul Rahman Putra Al-Haj, the first Prime Minister of Malaysia, who led a delegation of ministers and political leaders of Malaya in negotiations with the British in London for Merdeka, or independence along with the first president of the Malayan Chinese Association (MCA) Tun Dato Sir Tan Cheng Lock and fifth President of Malaysian Indian Congress Tun V.T. Sambanthan. On 31 August 1957, history of this country began, Malaysia gain independence at Stadium Merdeka (Independence Stadium), in Kuala Lumpur with Tunku Abdul Rahman Shouting "Merdeka!" and everyone share the same joy of independence.

This year Merdeka will be a little bit difference. We can read many news and story how Malaysia unity has changed. Hopefully it will not be any worst in the near future. Nowadays we maybe shouting the same word "Merdeka!" but at the same time deep in some of our hearts, they're dissatisfaction. It hurt when some Malaysian start to praise communist as Malaysia Independence heroes. Malaysian do stupid stuff in the name of politic.

"Selamat Hari Merdeka Malaysia!"

Wish this country unity will keep on stronger every seconds and we can keep living in harmony on the coming years.

Read More

Selamat Hari Raya 2011

I want to wish an early Selamat Hari Raya 2011 (Happy Eid 2011) to all my Muslim readers wherever you are in this world. Hope you can share happiness and celebrate Hari Raya in peace & harmony. I know many Malaysian will be going "balik kampung" (going back to their hometown) today. Wish everyone will have a safe journey home. Make sure you don't speeding on our highway. Police will give you maximum compound/summon if you get caught.

By the way, if you're wondering what kind of Hari Raya coin this is. It isn't issued in any country. This is just some pictures that I edit today. Don't tell me you want to buy this coin. I had been looking for Eid ul-Fitr coin (if any country issued one) but so far, I have found nothing. Its a big day for Muslim but not even a single Muslim country produce Happy Eid coin? Maybe I am looking in the wrong place, please advice me if any hari raya coins exist.

Again:

Selamat Hari Raya Aidilfitri

Maaf Zahir Batin

From:

lunaticg

You can also read my old raya posts:

• Green ang pow envelope
• No flag by Malaysian?
• Salam Maal Hijrah

Read More

Duit Syiling Giveaway

I am organizing a "Duit Syiling Giveaway" to all my readers starting today. You will have a chance to win a New Malaysia Coins. Three winners will be chosen using random.org poll system. The contest/Giveaway start today and will end until 12am (gmt +8, Malaysia time), 1 October 2011. All bloggers in this world are invited to join this giveaway. You can write in any language as long as people will understand your writing. You can also join my new Giveaway; duit lama giveaway.

Prize: 3 new Malaysia Commemorative Coins

Giveaway Terms & Condition:

1. Write a blog post with a title "Lunaticg Duit Syiling Giveaway" and give a link to this entry/post in your blog posts.

2. Your blog posts can be written in any language.

3. Tag at least 3 of your blogger friends in your post.

4. Comment in this entry with your written post url/permalink.

5. The contest will end 12am (gmt +8, Malaysia time), 1 October 2011.

6. Anyone with a blog a welcome to join. Only one entry per blog is allowed.

This is a chance for you to get a Free Malaysia New Commemorative Coins. Quick, write your post and send your permalink. Good luck to everyone.

Don't forget to join my new giveaway, duit lama giveaway.

I announce the lucky winners in this post; duit syiling giveaway winners.

Read More

Kim Kardashian Gold Coin

A new Kim Kardashian Gold Coin will be released by Goldcoin.net to commemorate the wedding of Kim Kardashian and Kris Humphries last Saturday. Each coin will be hand crafted and minted in 1 ounce 24 carat gold. GoldCoin.net has been releasing the prototype Commemorative gold coin of the first-ever Kim Kardashian and Kris Humphries pure gold coins. From many celebrity news site I read looking for this information, Goldcoin.net have not talk with Kim Kardashian about producing such coin.

The obverse of the coins will feature Kim Kardashian and Kris Humphries with their names displayed on the top and [their wedding date] “August 20, 2011″ displayed on the bottom. The reverse of the coins will feature Kim’s $2 million engagement ring with “Together Forever” displayed on the top and “Only Time Will Tell” displayed on the bottom. Kim’s $2 million engagement ring will also be in 3D on that coin.

When I searching for more information about the price and when the coins will be available at Goldcoin.net, no such info provided. Will you buy this coins for your investment? I know some die hard fan of Kim Kardashian will buy these.

Read More

Jailed 5 years for 31 fake notes

Jailed 5 years for 31 fake notes? Is it worth it? I am reading Star newspaper yesterday and found a news about a guy in JB had been convicted guilt for a possession of 31 pieces of counterfeit RM100 notes. Its not reported if he got the fake notes from the stolen cars but if it does, it is a big mistake in his life. I already advice everyone, If you found a fake Malaysia banknote, report it to the police or you will need to pay criminal attorney later because of a small sum of money.

JOHOR BARU: The Sessions Court here sentenced a 27-year-old man to five years’ imprisonment for possession of 31 pieces of counterfeit RM100 notes. Low Wei Loong committed the offence in Jalan Mutiara Emas Utama, Taman Mount Austin at around 4.30am on May 10. The RM100 notes were found in his wallet. He was charged under Section 489C of the Penal Code, which carries a jail term of up to 10 years. He was previously sentenced to a year’s imprisonment by the magistrate court here on May 21 for stealing a car. Sessions Judge Mohd Nasir Nordin sentenced Low to five years from the date of arrest. Deputy Public Prosecutor Dzul Iswari Mohd Jaafar prosecuted while the accused was not represented.

Source:thestar.com.my

How about people who collect/keep counterfeit banknotes? Do they need an attorney too? What do you think?

Read More

How to detect online Seller Fraud?

Do you know How to detect online Seller Fraud? I had received many email from online buyer who are frustrated with their online trading experience in Malaysia especially in Mudah.my and Facebook. Many of them told me that they find a high quality banknote/coins selling at a cheap price in Mudah.my. Many newbies buyer don't know that they're many scammer/fraudster out there who put their item at a cheap price as a bait. Most of them don't have the actual item (just a pictures that they found in Internet. Some even do counterfeit coin photo) and some of them will only send less valuable banknotes/coins to you.

How to detect Fraud online Seller:

1. If the price is too good to be true, try avoiding dealing with the seller. Unless he or she want to do Cash on Delivery (COD) with you. When you meet the seller, make sure you prepare your knowledge on how to check the genuine banknote/coin. If you want to start buying, I suggest you should learn the market price first. Buy a good books/Catalogue like Steven Tan Book or KN Boon Book. It is a must if you really serious in collecting coins and banknotes.

2. Do some investigation about the seller. Its hard to know if the seller is Genuine Mudah.my Dealers or fraudster since Mudah.my don't have any feedback system. Its a scammer heaven but a hell for buyer who had been cheated by them. You can try do some little investigation yourself to make sure if the seller is genuine or scammer:

i. Search his phone number or email+scam (or any words related) in Google. This will help you find any information about their details. If they had scam people before, their phone number will be pop-up in some websites/forums or blogs.

ii. After you confirm that you want to buy their item, seller normally will send you their name and Maybank account number, again, please Google and search for his account details in internet.

3. Asked in forum or join a Facebook groups that is related to your transaction if the seller is genuine or had been involving with fraud before. For Malaysia coin collecting, you can try this pages Kelab Pengumpul duit lama dan negara asing. Look for active pages or groups. Some groups or pages might had been stop active since their admin maybe had been busy.

4. If that seller are selling banknotes, try search the serial numbers of the notes in Google. Some of them just copy and using any pictures they can find online. If they're selling coins, it will be hard to trace but you can try search in Google the coins/sales title.

5. If you're newbies in online buying, always buy a cheaper banknote/coin first. Buying online is not like buying with your coin dealer in Amcorp mall. You cannot get hold of the item. What you see are only pictures.

I am also planning to compile a list of trusted sellers that I had been dealing with since 2003 and sellers who I know are genuine online seller. Hopefully, the list will help new online buyer from get cheated by online fraudster. I need help on compiling that list. You can email me at lunaticg@gmail.com if you want to suggest any Malaysian Banknote/Coin Online Sellers in the list. Online trading will be easy and fun if you know how to do it.

Read More

Box version Malaysia 3rd series coin

Do you know there are box version Malaysia 3rd series coin? Bank Negara Malaysia (BNM) only sell the box to its staff for RM70. I had seen some of the Malaysia new coin with a box on sale for RM200-RM500 in Mudah.my or Facebook. Someone told me that the coins are not proof, just a normal Brilliant Uncirculated Coins. Many collectors are hoping BNM will make a proof coins for the new Malaysia 3rd series. So far no news about it.

Picture by: http://www.mudah.my/DUIT+SYILING+MALAYSIA+Siri+ke+3-11142617.htm

BNM only issued 500,000 Brilliant Uncirculated commemorative coins to mark the new 3rd Series of the Malaysian coins which will be available for circulation early next year. For the first time, BNM upload a video in YouTube for Third Series of Malaysian Coins. The video is very short, 1:15 minutes but all coin collectors are hoping BNM will upload more videos. Especially a video on how they minted Malaysia New Coin in BNM Mint.

I hope someone from BNM will reply if any proof coins for the new Malaysia duit syiling will be available for us collectors.

Read More

Gambar duit syiling Malaysia

Here are gambar duit syiling Malaysia or Malaysia coins pictures for anyone who are looking for pictures or photo of Malaysia coins. I also added duit baru Malaysia (Malaysia new coins) pictures that had been released by BNM (Bank Negara Malaysia) on end of July 2011. Looking at Malaysia coins history (Sejarah duit Malaysia), BNM change Malaysia new coins after over 20 years. In this post, I am sharing Malaysia coin pictures from 1st to the new third series.

Duit Syiling Malaysia Siri Pertama

The first series of sen coins were introduced in 12 June 1967 in denominations of 1 sen, 5 sen, 10 sen, 20 sen, 50 sen, followed by the introduction of the 1 ringgit coin (which continued to use the $ symbol and is the largest coin in the series) in 1 May 1971. The first series coins are also called the Parliament series because of the parliament pictures on the reverse of the coins.

Duit Syiling Malaysia Siri Kedua.

The second series of coin for normal circulation was issued on 4 September 1989. The new design feature Malaysia national flower, the Bunga Raya (hibiscus flower) on the reverse of the coins. On the Obverse, BNM has chosen Malaysia Cultural artifact Keris, Wau, Tepak Sirih, Congkak, Gasing and Rebana Ubi. The second series coins are also known as Bunga Raya series coins.

Duit Syiling Malaysia Siri Ketiga

BNM Governor, Tan Sri Dr Zeti Akhtar Aziz released Malaysia 2012 new coins design in end of July 2011. 500,000 sets of the new coins will be available as a commemorative coins (Brilliant Uncirculated) with special packaging and to be sold to the public at RM 10.00 per set in all BNM branches. The coins were designed by a Malaysian and wholly minted by Bank Negara's mint in Malaysia. The theme, 'Distinctively Malaysia', features motifs from traditional crafts and our flora and fauna. The coins reflect the diversity and richness of Malaysia's national identity. Read More.

Read More

Tukar duit lama di BNM?

"Betul ke tukar duit lama di BNM akan dapat harga tinggi dari nilai mata wang tersebut? Sebagai contoh duit RM50 merdeka akan dapat nilai sekali ganda? Ada juga yang kata duit syiling yang sukar dicari pun akan dapat harga yang tinggi kalau tukar kat BNM? Duit kertas RM1 yang ada gambar tugu negara tu boleh tukar kepada duit RM50? Boleh tolong bagi penjelasan?"-Malay

"Is it true that we can change old money at BNM and we will be able to get price higher than the value of the currency? For example, RM50 merdeka, I will be able to get double the value? Some also said that a rare coins will get higher price if we change them at BNM? RM1 with national monument picture can be exchange for RM50 at Bank Negara? Can you help and give explanation?"-English.

I had been receiving many questions about this matters since I start this blog in 2008. I don't know where this rumors come from but it keep on coming in my mailbox. Its just a myth that you can get a high value if you change your old ringgit banknotes or coins at BNM. You can only get face value if you change any kind of money at any bank. BNM (Bank Negara Malaysia) is a body/bank to issue Malaysia currency and safeguarding the value of our currency. They're not business entity who buy and sell currency.

Maybe the rumours came from people who exchange their old money with banknote and coin collectors but not every old money will give you high value. A 1 sen 1971 coin will only get you a value of 1 sen since many collectors don't want to buy them. You can read about Malaysia old coins value here; nilai duit lama Malaysia. For coins that Malaysian collectors consider as a rare coins, you can read this post; Malaysia Rare Coins List. Most of the time, I advice my readers to sell the coins themself if they want a higher price. This is because selling them to coin dealers will only give you at least 50% or lower then market value. You can try sell them online at eBay or Mudah.my, just read my post on How to sell coins.

You can also change your old RM500 or RM1000 at BNM but they will only give you face value. Selling them to a collector will get you a higher price then the face value.

Read More

Philippines Peso notes authentication levels

The Bangko Sentral ng Pilipinas (BSP) last year has released a New Generation Currency (NGC), P20, P50, P100, P200, P500, and P1,000; all have new designs and security features. Philippines NGC printed with Bioguard technology by Arjowiggins. Bioguard produces banknotes that are treated to prevent bacteria from multiplying. The anti-bacterial property has been tested to resist washing and will last throughout the lifetime of the banknote. Do you know that BSP has incorporated security features that allow for four levels of authentication?

Philippines Peso notes authentication levels:

(1) Level I: Security features which can be easily recognized by the public without the use of special instrument. These are the “look, feel, tilt” elements in the notes such as watermark, security thread, and security fibers.

(2) Level II: Security features recognizable by professional cash handlers or bank tellers with the use of magnifying lens or ultraviolet light. Examples are fluoro-phosphorescent features, security fibers, and microprinting.

(3) Level III: The hidden or covert security features reserved for the use of Bangko Sentral.

(4) Level IV: Forensic security features for the use of law enforcers in testifying whether a banknote is genuine or counterfeit. These are detectable at specialized laboratories.

The central bank presented these authentication methods as it launched the new currency generation of P20, P50, P100, P200, P500 and P1, 000 banknotes around Western Visayas recently. An example of these security features are the embossed prints of the words “Republika ng Pilipinas” and “Sanlibong Piso” on the P1,000 bill that can be detected by the “feel” method. BSP said the public will benefit from the security features of the new currency as they will be protected from receiving fake money.

Source: Pia.gov.ph

Read More

Tensho Oban for auction

Tensho Oban for auction by Heritage Auctions on 9 September 2011. The Tensho Naga Gold Oban - Omodaka variety ND (1573-1591), one of the rarest of all Oban varieties. The Tensho Oban weight was fixed at about 165 grams and was hammered into three different sizes. This example is the 'NAGA' (or long type) and the largest physical size of all the Obans minted. The estimate price for this auction are $300,000 - $350,000.

This is an extremely rare variety of the Tensho Naga Oban due to the different upper stamp of the two stamps on the reverse: the Omodaka stamp. The Mori family was given permission by Toyotomi Hideyoshi (the great uniter of Japan) to make this official Oban and stamp the symbol of the their family on the reverse, which was the Omodaka plant leaf and flower. The large gold coin plate minted in 73% gold and 27% silver. The ink is original and a vibrant black color. There is scuffing on the high points of the obverse with a small amount of ink missing. Repair apparent on both sides at 8 o'clock on the obverse, and at the matching area on the reverse at 4 o'clock, as evidenced by the disturbance of the original texture of the surfaces near the edge. The repair seems to have been done over a hundred years ago and carefully hammered after perhaps being dropped.

Oban were made of hammered gold with a face value of 10 ryo or 10 Koban coins. The word Oban means 'large stamped' in Japanese. The earliest ōban were made in the 1580s, when the feudal lord Toyotomi Hideyoshi (1536/7-98) co-operated with wealthy merchants in the Kansai district of central Japan and monopolized Japan's metal mines. He then began to mint gold coins of fixed quality.

The auction will take place at Long Beach, California or you can bid it online at: The Tensho Naga Gold Oban.

Read More

First Floating Commemoration

World’s first floating commemoration to mark the 500th anniversary of the maiden voyage of the Mary Rose revealed by Royal Mint early this month. A replica of the Mary Rose £2 coin was put on the ship resting place in the Solent. The ship was launched in 1511 and sank in 1545 during an engagement with French fleet. The three meter replica coin is a reproduction of the £2 Mary Rose coin released by the Royal Mint earlier this year.

Shane Bissett, the Royal Mint’s Director of Commemorative Coin commented "We produced the Mary Rose coin as a tribute to the world’s only surviving Tudor warship – and hope it serves as a reminder of Britain’s rich heritage as a maritime nation. In our 1,000-year history, we have never ‘floated’ a coin before, but there seemed no better way to celebrate the 500th anniversary of such an iconic vessel. Collaborating with the Mary Rose Trust and the Royal Navy Fleet Diving Squadron to execute the idea at sea was an honor, as we remember our naval past and look to its future."

John Lippiett, Chief Executive of the Mary Rose Trust said "We are delighted to continue our relationship with the Royal Mint following production of the Mary Rose £2 coin. We have much work to do to secure the future of the ship and we are grateful to everyone who supports our fundraising drive to help us build the new Mary Rose Museum here in Portsmouth Historic Dockyard. Building work is underway and we plan to open it before the end of 2012. Our hope is that people will send a Mary Rose £2 coin back to us here in Portsmouth to help us achieve our target."

Lieutenant Commander Richard Watson, Chief of Staff at the Royal Navy Fleet Diving Squadron added "Not only does the Mary Rose play an important part in Britain’s military history, but the story of this Tudor warship appeals to naval personnel and civilians alike. We were able to combine some of our training with this task and are proud to help the Royal Mint commemorate the Mary Rose and hope that the new £2 coin helps keep her memory alive."

The Mary Rose £2 gold proof coin will find its way into our change this year. Only 1,511 22 carat gold commemorative coin have been struck, reflecting the year of the Mary Rose’s maiden voyage. The coins have also been struck in sterling silver and pristine, uncirculated versions are available to buy in limited numbers.

Mary Rose £2 Gold Proof Coin

The reverse features an intricately detailed depiction of the Mary Rose that was inspired by the only known contemporary painting of her. It was created by John Bergdahl FRBS who explains: ‘After a trip to the museum currently the home to the Mary Rose, I was immediately inspired by the only acknowledged painting of this iconic vessel – an image that I used as the basis for my design.’

Technical Specification:

Denomination: M

Alloy: 22 Carat Gold

Weight: 15.976 g

Diameter: 28.40 mm

Minted: 1,511 pcs

Source: Royal Mint

Read More

UAE's 1st gold bullion coin

UAE's 1st gold bullion coin has been unveiled by the Dubai Multi Commodities Centre Authority (DMCC), the Government of Dubai entity on Monday. Designed by DMCC, the “Khalifa” coin features a portrait of His Highness Sheikh Khalifa on one side, and on the other, Burj Khalifa, the world’s tallest tower. DMCC is also in discussions with the UAE Central Bank to designate the gold bullion coin as the first legal tender in the UAE and the Middle East as a whole. This Dubai Gold Coins are said to be a new Krugerrand. This Dubai Gold coins will be a legal tender coins for UAE.

Ahmed Bin Sulayem, Executive Chairman of DMCC, said:

“This innovative gold bullion coin was conceived to satisfy the demands from investors seeking access to gold as protection against the ongoing global economic uncertainty. The gold bullion coin pays homage to our President, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, his vision, guidance and leadership".

“The Burj Khalifa is a symbol of the UAE as a progressive, innovative nation that whilst rich in heritage and traditions continually works to build a modern developed society. In this way the gold bullion coin stands as a national emblem which reflects the determination and achievements of the UAE federation".

The new gold “Khalifa” coin will carry DMCC’s stamp of quality and authenticity. The five-ounce coin prototype, which was unveiled in a special ceremony attended by senior representatives in the gold trade industry, was minted by Argor-Heraeus SA in Switzerland, which is accredited by the DMCC’s Dubai Gold Delivery (‘DGD’) standard. The DGD gold standard, launched by DMCC in 2005, is the adopted quality standard for gold and silver bars production and technical specifications in the region and is benchmarked to international standards.

Source: DMCC.ae

Read More

Where to change old ringgit?

Do you know where to change old ringgit? A friend of mine argue with me, "I heard Bank Negara Malaysia will Interrogate you for hours if you want to exchange your old RM500 or RM1000 banknotes". I don't believe what he said and try to exchange my old notes to experience it myself. BNM statement on 12 September 1998, announced the demonetisation of the RM500 and RM1,000 notes, and they ceased to be legal tender from July 1, 1999. The statement said the volume of both the RM500 and RM1,000 notes in circulation before the move stood at 1,989,479 and 4,523,731 pieces respectively.

After arriving at BNM, I go straight to "Kaunter Penukaran Wang" (BNM Money Exchange Counter) and said I want to change my old RM500 notes to the ladies who work there. He give me the above form and asked me to fill the necessary details. They're nothing much on that form, only the part asking you "why you don't exchange the notes earlier" a little bit interesting. After filing up the form I send it back to the counter. They asked for my Identity Card (kad pengenalan) and told me to wait for a while. 15 minutes later they called me and exchange my old ringgit with 5 pieces of new RM100. There is no interrogation going on as told by my friends.

Question and answer about Malaysia old ringgit exchange at BNM:

Do you get full value of your RM500 or RM1000 notes?

Yes. BNM will give back full value of your banknotes. Some people suggest to change to Money Changers, they only give half of the value of the notes and told you that BNM will never received that banknote since it has been demonetizes.

Where can I change RM500 or RM1000 notes?

You can still change them to a smaller denomination at all Bank Negara Malaysia branches:

(Walk-in Customer Service Centre)
Laman Informasi Nasihat dan Khidmat (LINK)
Ground Floor, D Block,
Jalan Dato' Onn
50480 Kuala Lumpur

Tel : 1-300-88-5465 (1-300-88-LINK)
Fax: 603-2174-1515
E-mail: bnmtelelink@bnm.gov.my
SMS : 15888

Operating Hours: 9.00 a.m. - 5.00 p.m. (Monday - Friday)

Bank Negara Malaysia Pulau Pinang
Jalan Corner Light
10200 Pulau Pinang
Tel: 604-262-7125

Bank Negara Malaysia Johor Bahru
Jalan Bukit Timbalan
80000 Johor Bahru
Johor Darul Takzim
Tel: 607-224-0799

Bank Negara Malaysia Kota Kinabalu
Jalan Lapan Belas
88000 Kota Kinabalu
Sabah
Tel: 6088-211-211

Bank Negara Malaysia Kuala Terengganu
Jalan Sultan Mohamad
21100 Kuala Terengganu
Terengganu Darul Iman
Tel: 609-622-0571

Bank Negara Malaysia Kuching
Jalan Satok
93000 Kuching
Sarawak
Tel: 6082-252-311

Why did BNM take the RM500 and RM1000 banknote out of circulation?

BNM has taken out the RM500 and RM1000 notes from circulation and withdrawn their legal tender status (“demonetised”) to complement the exchange control measures introduced in 1998.

Where can I exchange mutilated (duit rosak) banknotes?

You can exchange mutilated Malaysian currency banknotes at any of the six BNM branches namely BNM Kuala Lumpur, Pulau Pinang, Johor Bahru, Kuala Terengganu, Kota Kinabalu and Kuching. You can read more about it at; Where do you change damage money?

Can I exchange new banknotes and coins at BNM branches?

BNM has stopped the service of exchanging new banknotes and coins since 1997. You can exchange new banknotes and coins at your banking institution (Maybank, CIMB, RHB, Alliance bank).

Can I exchange foreign currencies at BNM?

No. You can exchange foreign currencies at any commercial bank or licensed money changer. BNM won't accept Iraq Dinar, Myanmar Kyat, US Dollars or any other foreign currency.

Can I change counterfeit currency that I received from circulation?

No. counterfeit money don't have any value. You can read more on what to do if you received counterfeit notes; What to do if I found counterfeit notes. Its also an offence to keep and circulate counterfeit money.

Read More

Malaysia Merdeka 2011

Selamat Hari Malaysia Everyone!
Malaysia Merdeka 2011 is a little bit different then the usual Merdeka Celebrations that we have every year. This year Merdeka Celebration 2011 will coincide with Hari Raya Celebration. I want to wish early "Selamat Hari Merdeka 2011" to all my Malaysian readers and friends. Its has been 54 years since our independence, time past by very fast. You can read about Malaysia Merdeka coins at my old post: Selamat Hari Merdeka Coins.

Here is Malaysia Merdeka logo for 2011:

Both Merdeka 2011 logo are in .png format (the background is actually white color).

Malaysia Flag Image

For anyone who are looking for Malaysia flag in .png format, I found few pictures that you can used to decorate your blog or website, its free. (the background is actually white color). The first one is animated Malaysia flag in .gif format.

Malaysia Merdeka Theme (Tema Merdeka) 2011:

1 Malaysia, Transformasi Berjaya, Rakyat Sejahtera

(1 Malaysia, Transformation Success, People Peace)

54 years Malaysia Merdeka Celebration 2011:

Date: 16 September 2011

Time: 7.00 pagi

Place: Dataran Merdeka, Kuala Lumpur

For a new Malaysia 54 Merdeka Coin, you can visit my new post: Selamat Hari Merdeka Malaysia 2011.

For Merdeka 2011 celebration photos, you can visit Merdeka pictures 2011, More Malaysia flag photo on that post.

Selamat Hari Malaysia and Selamat Hari Merdeka 2011.

Read More

2 Richard II groats for auction

2 Richard II groats for auction at the Chippenham Auction Rooms with a reserve price of £400. The 14th Century coins will be auction on 20 August 2011. The groats were dug up at a house in Sherston near Malmesbury in the 1960s. The seller has owned the groats for years but don't know how much they are worth. The coins has been identified as a Richard II groat by auctioneer Gordon Brockman. The auctioneer expect the price will go up at £1000.

Picture by BBC: Richard groats for auction

"When the client first brought the coins in, I thought they were Richard III groats," he said.

"But I compared the coins to some images online and worked out that they were Richard II.

"They look very similar but there's a difference in the three dots in the centre of the coins and in the way the hair falls on the king ."

Richard II reigned for 22 years from 1377 to 1399 which, according to Mr Brockman, could mean that as few as 800 coins are still in existence.

"Richard II wasn't around for that long and these coins are in remarkably good condition so we've put them in at between £400 and £600," he said.

Source: BBC News.

Richard II Groats Technical Specification:

Photo by ukdfd.co.uk

Description: Richard II groat of London

Mint: London

Issue Date: 1377 - 1399

Weight (grams): 4.4

Diameter (mm): 25

Metal: Silver

Obverse Description: Crowned bust facing within a tressure of arches.

Reverse Description: Long cross pattée dividing legends; three pellets in each angle.

Wikipedia: Groat or Fuppence is the traditional name of an English silver coin worth four English pence, and also a Scottish coin originally worth fourpence, with later issues being valued at eightpence and one shilling.

Read More

First gold coin minted in USA

What is the first gold coin minted in USA? The answer will be $5 Half Eagle also reffered to as the Capped Bust to Right Small Eagle. The Half Eagle is a United States coin that was produced for circulation from 1795 to 1929 and in commemorative and bullion coins since the 1980s. Composed almost entirely of gold, it has a face value of five dollars. Its production was authorized by The Act of April 2, 1792, and it was the first gold coin minted by the United States. Many of the gold coins had been melted for their gold content. Its a very rare coins and very expensive.

Picture by Heritage Auction

The design and composition of the half eagle changed many times over the years, but it was originally designed by Robert Scot. At this time the coin contained .9167 gold and .0833 copper and silver. It had a diameter of approximately 25 mm, a weight of 8.75 grams, and a reeded edge. The obverse design, or "Turban Head", depicted a capped portrait of Liberty facing to the right. The reverse depicted a small eagle. This type was produced from 1795 to 1798. Simultaneously, another type was minted that depicted a larger heraldic eagle on the reverse with the inscription "E PLURIBUS UNUM". This type was produced through 1807.

Technical Specification:

Content: .9167 gold and .0833 copper and silver

Denomination: $5

Diameter: 25 mm

Weight: 8.75grams

Edge: Reeded

Year: 1795

Mintage: 8,707

Designer: Robert Scot

Source: Wikipedia, Heritage Auction.

Read More

Gold Dinar in Malaysia

Gold Dinar in Malaysia has been started since early 2000 by IGD Practice Sdn. Bhd. in Melaka (correct me if I am wrong). The dinar marketing has been done by Singgahsana Emas Sdn. Bhd(SESB)which started their operation officially on 16 June 2004 at Plaza Usahawan building in Melaka. Tun Dr. Mahathir bin Mohamad, Malaysia fourth Prime Minister has been actively promoting dinar for Muslim worldwide trading. I know several companies in Kelantan who are using gold dinar as a tools of barter trade but it still not widely used in Malaysia for trading. Most buyer a collector and investor of the precious metal.

Umayyad Dinar sold for a record £3,720,000

The World Islamic Trading Organisation following the standard of caliph Umar Ibn al-Khattab has established the following standard for 1 dinar; Dinar weight: 4.25 grams, Alloy: 22 carats (0.916) Gold, Diameter: 23 millimeters. Another Islamic money is Dirham which is a specific weight of pure silver equivalent to 3.0 grams. Umar Ibn al-Khattab established the known standard relationship between them based on their weights: "7 dinars must be equivalent to 10 dirhams." How many Gold Dinar is widely used in Malaysia?

1. Public Dinar

Public Dinar is own by Public Fine Gold International Sdn. Bhd. A Malaysia company based in Bukit Jambul, Penang. There is three kind of Dinar coins available for Public Dinar; 1 dinar, 5 dinars and 10 dinars. All of the dinar coin is following the Islamic Dinar standard by using a 916 gold (22 carats). The design of the dinar is different from each other. You can visit their website publicdinar.com to check for the live spot dinar prices. You need to contact them via email or phone if you want to buy. Upon agreement, payment should be transfer within 1 1/2 hour.

2. Dinar Kelantan

Dinar Kelantan own by Permodalan Kelantan Berhad. A Malaysia company based in Kota Bharu, Kelantan. Kelantan Gold Dinar is created by state government of Kelantan in 20 September 2006. There is four kind of Dinar coins available for Dinar Kelantan; 1 dinar, 2 dinars half dinar and quater dinar. You can visit their website dinarkel.com. Dinar Kelantan only available from all Ar-Rahn under Permodalan Kelantan Berhad outlet in Kelantan Province. Read More.

3. Dinar Muslim

Dinar Muslim is own by Nusantara Bullion Exchange Sdn Bhd. A Malaysia company based in Petaling Jaya, Selangor. The company is just 6 months old and most of their gold come from Dubai. There is three kind of Dinar coins available for Dinar Muslim; 1 dinar, 2 dinars and 8 dinars. You can visit their website nubex.com.my to check for the live spot dinar prices. You need to register at ther website and lock the price online. After your online purchase, you need to contact them via email or phone on method of payment.

4. Perak Dinar

Dinar Perak is owned by Perak State Development Corporation and produced by Goldnet International Sdn Bhd. They had started selling their dinar on end of February 2011 with 1000 dinar and dirham. They have four denominations, half a gold dinar weighing 2.125gm, one gold dinar weighing 4.25gm, two gold dinars weighing 8.5gm and set of silver dirhams. The face of the instrument is printed with the Perak state emblem while the back is with a similar instrument produced during the era of Khalifa Abdul Malik ibn Marwan. Their Dinar and Dirham marketed through Yayasan Pembangunan Ekonomi Islam (Yapeim) and Nusantara Bullion Exchange (Nubex Sdn Bhd). Read More.

They're also many other dinar that produce by small company or has been obsolete. If you know their story, you can comment in here or email me at lunaticg@gmail.com. Anyone of you Malaysian collect gold dinar? Is it for investment or just some kind of saving?

Read More

Where to exchange Myanmar Kyat?

"Do you know where to exchange Myanmar Kyat in Malaysia? I had been asking almost all Money Changers in Kuala Lumpur, Subang Jaya and Shah Alam but I cannot find any that will exchange my Myanmar Kyat Banknote. I have 5000 Kyat notes that my friends give to me as a gift. I also asked some of my Myanmar friends but they don't know where to exchange Kyat in Malaysia."

Why people suddenly asking for Myanmar Kyat?

Many people had been cheated on buying Myanmar Kyat. They were been told that Kyat will be going up against USD one day. A recent news about a statement by Myanmar Union Minister of Finance and Revenue U Hla Tun said that Myanmar is deliberating to readjust its official foreign exchange rate in a bid to stabilize domestic foreign exchange market. Myanmar will coordinate with International Monetary Fund in the move. In a simple terms, Myanmar will revalue its Kyat. The sellers are using BNM Ringgit Foreign Exchange Rates as an excuse to sell the notes.

The truth about Myanmar Kyat

What they don't know that Myanmar Kyat had been selling in the black market since 1990. Bank and Money Changer in Malaysia will not accept it unless you exchange using the black market price. The Black Market rates and the official foreign exchange rates are totally different. BNM is using official foreign exchange rates but the truth is Myanmar Kyat has always been traded using a black market rate which takes into account the standing of Myanmar national economy. At the moment the official foreign exchange rate is MMK6.7 to USD1 but actually the price is MMK830 to USD1 in the street market.

My Answer

I am not sure how many people had been cheated buying the notes since it is not easy to get Myanmar Kyat. Unless you go to Myanmar and exchange it with USD. Not many people realize that Malaysia Bank and Money Changer will not accept Myanmar Kyat according to their official foreign exchange rates. Answering to the question given, "You can exchange Myanmar Kyat if you want to use Black Market price", that is my answer.

Try trading/invest safely, why don't you try Malaysia gold dinar.

Read More