The recent Monetarium Singapore Auction on 27 March 2013 saw a new record price for rare Malaysia 1 sen 1976 when the bid closed at SGD$2,600 (excluding tax and commision). The coin graded By Professional Coin Grading Service (PCGS) as Bronze: 1-Sen 1976 (KM1) PCGS MS65 RD. When you convert the price to ringgit, the price is approximately RM$6,452 (excluding tax and commision).
In Steven Tan 20th catalog, he wrote only 100 pieces of this coins known to exist in circulation or in collectors hand. For the normal 1 sen copper-clad steel, 27,406,103 pieces are in circulation.
On 26 September 2011 during Malaysia Numismatic Society Auction No. 149 held at Malaysia National Museum, Kuala Lumpur, the auction price concluded at RM3,600 (USD1150).
On 16 July 2011 in Mavin International Auction, Singapore, 1 sen 1976 copper has been closed at SGD1,400 (excluding tax and commision).
The transitional error coins are actually Copper but most people follow Mr. Steven Tan Catalog who reported it as Bronze. You can read about it in my article; 1976 1 sen copper or bronze?
I think an early congratulations to anyone who own these coins in their collection, the recent auction price will help raise the value of 1 sen 1976 copper. For anyone who have a lot of these coins, can you sell them to me for 1 ringgit a piece?
To stupid people who still cannot believe Malaysia coins price can go up higher then their denomination value, I hope you will remain with your stupidity. Good luck with your racism method in Malaysia Numismatic Community.
