Thank you BNM (Bank Negara Malaysia) for the recent Malaysia comemmorative banknotes sales bold move. Asking everyone who want to buy the commemorative to register their name and identity card really help every collector to get at least one piece of the premier series. I hope you will keep on doing this in the future and hopefully every BNM branches can share the list. Look like BNM has change a lot of things in their commemorative sales system. Most of it I cannot confirm and cannot share it in here but the new moves really help collectors like me who don't want to buy from dealer.
Picture by BNM official Facebook: people line up to buy new notes
BNM new rules:
Effective 3rd January 2012, all purchases of the new commemorative banknotes sets will require you to register your name in our system and present your MyKad/MyKid to us. For foreigners, you will have to present your passport. Once registered and cleared by the system, you may purchase the maximum quantity of the sets (i.e ONLY 1 set for premium and 5 sets EACH for the set of 2 and set of 1). Otherwise you will need to come in a week's time to make another purchase. This practice is standardised at all counters (HQ and branches). We hope everyone will follow this simple rule so that many people will have an equal chance to buy the sets. Thank you... and yes, ALL sets are still AVAILABLE for purchase.Source: BNM official Facebook.
On the first week of the launch, people need to stand in a line for almost 2 hours to get the new notes. When BNM change the sales system, we don't need to stand for to long anymore. It prevent dealers to get as many sets as they want and it help collector to get the new notes. Most of us "real collector not investor" salute the move by BNM. On the first week of the new comemmorative sales, we can also see many seller gain an instant big profit from the premier sets. The price slightly going down after many collectors knew that they still can get the premier sets from BNM.
In my recent meet up with sifu Dickson Niew, he said "BNM should start selling online but collector must register in their system to buy the coin/banknote collection". its a good move and help all collectors with no BNM branches in their states to get any new collection by BNM but will collectors support the idea? Since 9 December 2011, I start a petition, we want BNM online shop but not many collector support the petition, only 30 people signed the petition so far. You can read it in this post: We want BNM online shop petition. Without support by collector, all the BNM online shop suggestion will only became a fantasy.
In my recent meet up with sifu Dickson Niew, he said "BNM should start selling online but collector must register in their system to buy the coin/banknote collection". its a good move and help all collectors with no BNM branches in their states to get any new collection by BNM but will collectors support the idea? Since 9 December 2011, I start a petition, we want BNM online shop but not many collector support the petition, only 30 people signed the petition so far. You can read it in this post: We want BNM online shop petition. Without support by collector, all the BNM online shop suggestion will only became a fantasy.
Thank you again BNM. To everyone, please share it in here if you like the new move or not.
