Saturday, June 23, 2018

World largest banknote in HKINF World Currency Signature Auction

World largest banknote, Malaysia RM600 commemorative banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement is one of the featured collection in Heritage Auction HKINF World Currency Signature Auction. The auction will take place June 27-28 at the Mira Hotel on the Kowloon side of Hong Kong.

World largest banknote

Included in this lot #28328 are RM600 and RM60 commemorative banknotes. Both of these beautiful notes have earned the highest PMG grade possible of Gem Uncirculated 70 EPQ*. PMG assigns the "*" designation to EPQ notes with exceptional eye appeal for their assigned grade.

The 600 Ringgit note comes with its original packaging which includes a valise that is stored in a special Bank Negara Malaysia box.

These banknotes commemorate the 60th Anniversary of the Federation of Malaya Independence Agreement signing in the year 1957. The commemorative banknotes honour the Council (later called Conference) of Rulers’ contribution towards the realisation of the Nation’s independence on 31 August 1957. The Agreement dated 5 August 1957 proclaiming the Yang di-Pertuan Agong as the Supreme Head of the Federation was signed by the Malay Council of Rulers from Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Perlis, Selangor and Terengganu with Sir Donald MacGillivray, the High Commissioner of the Federation of Malaya who represented Queen Elizabeth II. The Agreement became a historical constitutional evidence for the independence of the Federation of Malaya.

The banknote design is based on the theme of “Raja Payung Kedaulatan Negara”. These commemorative banknotes are the first commemorative banknotes printed by Bank Negara Malaysia on the composite substrate, a combination of polymer and paper substrate, which offers higher security features and longer life span. These banknotes are printed larger in size, based on its face value.

Only 6,000 pieces of the RM600 and 60,000 pieces of the RM60 commemorative banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement printed by BNM.

The dimensions of the oversized 600 Ringgit is 370 by 219 millimeters and the 60 Ringgit measuring 162 by 84 millimeters.

You can view the Auction at Heritage Auction website, Heritage Auction RM600.