What is the most talked about Malaysia Numismatic news of 2013? Last year, we saw the record for Malaysia Most Expensive circulation coin has been broken twice. Although the price reached at the auction did not reach one million Ringgit but the news was enough to help Malaysia Numismatic to get a free publicity among non-collector Malaysian. It also bring some new collectors in the Malaysia Numismatic community. The price for high grade Malaysia coins are also gone up with new player in the field of high grade Malaysia coin. Although there are some issues that overshadow the news of Malaysia most expensive circulation coin but it still give a positive impact on the Malaysia Numismatic.
Here are Top 10 Malaysia Numismatic News of 2013:
1. 1969 50 sen Milled Edge Sold RM10,253
On 19 October 2013, a new record for The Most Expensive Malaysia circulation coins sold in Auction broken when a 1969 50 sen Milled edge coin sold for SGD4012 or RM10,253 (including buyer premium) in Numismatic Society Asia (NSA) Auction at Landmark Village Hotel, Singapore. The winning bidder is an Internet bidder via liveauctioneers.com and the total Buyer Premium is 18%. The 1969 Freak w/o security edge graded by Numismatic Guaranty Corporation (NGC) Au- 55 with estimate price SGD1,600 - SGD2,500. You can read more about it here; 1969 50 sen Milled Edge Sold RM10,253.
2. Kiram received Malaysia new 50 sen coin
On 7 Mac 2013, a new Malaysia 50 sen coin make it into the international news when a boy were given a 50 sen coin by one of Malaysian spies who came to self proclaimed Sultan Sulu Jamalul Kiram III house at Maharlika Village, Taguig City, South of Manila. On 9 February 2013, Jamalul Kiram's brother with approximately 200 men attack Lahad Datu, in an effort in asserting the Sulu Sultanate's claim to the state. The men, many of whom are heavily armed, engaged a standoff with Malaysian police. Sultan Jamalul Kiram III was reported to have directed the men not to leave, claiming that "Malaysia is only renting Sabah" from the heirs of the Sultanate. You can read more about it here; Syiling 50 sen Kiram.
3. Fake 10 sen 1971
A newbies in Malaysia Numismatic spreading rumours about a fake 10 sen 1971 were found in Ipoh. Newbies who do not know anything about Malaysia coin die varieties spread the rumours via Facebook that she saw a dealer selling the fake coins with a brilliant uncirculated conditions and he have many stock of the rare Malaysia 10 sen 1971. Investigation by some of our Malaysia Numismatic members show that the coins are actually a type 2 variety of the 10 sen 1971. You can read more about it here; 10 sen 1971 V2.
4. 100 ringgit ZU0000005 sold for RM34,528
On 29 March 2013, a 100 ringgit ZU0000005 sold for a record price SGD14,000 (RM34,528) excluding tax and commision in Mavin Auction No.33. The very low serial number replacement banknote graded by Paper Money Guaranty (PMG) as PMG Choice AU58EPQ. For your information, in KN Boon 6th Edition Book the price for $100 Ringgit Malaysia (1986-95) 6th series banknote signed by Bank Negara Malaysia Governor Jaffar Hussein is RM30,000 for a UNC grade. You can read more about it here; 100 ringgit ZU0000005 sold for RM34,528.
5. 1 sen 1976 PCGS MS65RD Sold SGD2,600
On 27 March 2013, a Malaysia 1 sen 1976 Copper coin graded by Professional Coin Grading Service (PCGS) as Bronze: 1-Sen 1976 (KM1) PCGS MS65 RD sold in an auction by Monetarium Singapore for a record SGD$2,600 (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. You can read more about it here; 1 sen 1976 PCGS MS65RD Sold SGD2,600.
6. RM1 CR Ali Abul sold for SGD2000
A RM1 CR Ali Abul Hassan banknote sold for SGD2000 (excluding tax & commision) in Mavin International Auction 35 world banknotes session held at the Concorde Hotel Singapore today (16 November 2013). The most sought after banknote in Malaysia because it is the only prefix for RM1 banknote signed by the late Tan Sri Ali Abul Hassan, Malaysia Bank Negara Governor. The 10th series banknote released in 1999 with a serial no. CR 7235269 and graded by Paper Money Guaranty (PMG) Gem UNC65EPQ. You can read more about it here; RM1 CR Ali Abul sold for SGD2000.
7. The Lost Treasure of Johor
A local newspaper, The Star reported about artefacts and treasures from Johor that are sold at lucrative prices in a thriving black market trade. The trade, which has been going on secretly for the past 40 years, has been attracting private antique collectors and antique shop owners from both Malaysia and foreign countries, including from Singapore. They continued with another report the next day about The Heritage Act 2005 and how lack of officials from the National Heritage Department is one of the main reason for not enforcing the Heritage Act. They also share finder keepers policy does not apply especially to treasure that were found after 2005. Sadly, the tin animal coins used in the news are faked. You can read more about it here; The Lost Treasure of Johor.
8. Tan Sri Ali Abul Hassan passed away
On 25 Mac 2013, Tan Sri Ali Abul Hassan has passed away at 4.45pm due to heart and lung complications at his home at No.3, Jalan 3 , Kemansah Heights. He was 71 years old when he passed away. Ali Abul Hassan will be buried at the Kemensah Heights Muslim cemetery after the Zohor prayers, tomorrow. His son-in-law, Mohamed Faruk Rahmatullah, when contacted by Bernama said Ali Abul Hassan leaves behind wife Puan Sri Jamilah Ali Abul Hassan and three children, a son and two daughters. You can read more about it here; Tan Sri Ali Abul Hassan Story.
9. 50 sen 1969 SE sold for RM2,800
On 29 September 2013, almost everyone in Malaysia Numismatic community was a little bit surprised by the news about a security edge 50 sen 1969 sold in Malaysia Numismatic Society (MNS) at Muzium Negara, Kuala Lumpur for RM2,800. The coin is graded UNC (Uncirculated) by MNS. Normally, only Milled Edge 50 sen 1969 coin that will get such a high price and the news really surprised everyone in numismatic community. You can read more about it here; 50 sen 1969 SE sold for RM2,800.
10. No new banknotes for Hari Raya 2013
On 2nd July 2013, Bank Negara Malaysia release a press statement that they're doing a "Going Green" campaign. BNM are promoting Going Green Using Recycled Fit Polymer Notes for The Festive Season. BNM only print 70% of new RM1 banknotes and recycle 30%, while for the RM5 banknote, 60% will be recycled and the rest being new. Do you know that BNM issues about 750 million pieces of new RM1 and RM5 banknotes to fulfill demand during festive occasions? You can read more about it here; No new banknotes for Hari Raya 2013.
