Thursday, March 13, 2014

BNM invites auctioneers to auction Malaysian Banknotes

Bank Negara Malaysia (BNM) via their website invites Malaysian auctioneers to state their Expression of Interest to be pre-qualified to auction Malaysian Banknotes. I think it has been over 2 years I heard rumours that BNM is looking for a local auctioneers to help them auction some of the Fancy Numbers Banknotes for the new Malaysia banknotes that has been released for sale starting from 22 December 2011. The limited folder premium banknote set have the same serial number.

auction Malaysian Banknotes

In 2011, 3 types of New Banknote set were up for grab:
-A collection of six banknotes (RM1, RM5, RM10, RM20, RM50 and RM100 denominations) - 50,000 sets priced at RM300.00 each.
-A collection of two banknotes (RM1 and RM5 denomination) - 500,000 sets priced at RM15.00 each.
-A collection of a single banknote (RM20 denomination) - 500,000 sets priced at RM30.00 each.

I am not sure if BNM are planning to sale any kind of special banknote other then above but will update you later about it.

After over 2 years searching for the qualified auctioneers, I hope BNM already have a right candidate to conduct the auction in their behalf.

Here are The Pre-qualification Criteria:
Interested parties must satisfy and provide the following evidence:
-Malaysian registered company
-Minimum 2 auctioneers licensed in the Company in Wilayah Persekutuan;
-Minimum 10 years’ experience in auction;
-No legal action against the company or auctioneers; and
-Positive net worth for the past 3 years.

All submissions in response to this advertisement must be made in a sealed envelope and marked “EXPRESSION OF INTEREST TO BE PRE-QUALIFIED TO AUCTION MALAYSIAN BANKNOTES.” The sealed envelope must be hand-delivered or couriered to:

Director
Currency Management and Operations Department
Bank Negara Malaysia
Jalan Dato’ Onn
50480 Kuala Lumpur
Malaysia

CLOSING DATE: Friday, 21 March 2014 at 12.00 p.m.

For enquiries, please contact:
Ms. Phut Chit See : 03-26988044 ext 8108
Ms. Gashini Muniandy: 03-26988044 ext 7745
Ms. Wong Siu Fong: 03-26988044 ext 8563