How much Malaysia new banknote market price right now? Many non-collectors asking me the same question. Most of them are investor who want to get some profit from Malaysia new commemorative banknote especially from the premier set (a complete collection of RM1, RM5, RM10, RM20, RM50 and RM100 with same serial number). Its a little bit hard to find premier set outside Kuala Lumpur since Bank Negara Malaysia (BNM) don't have branches in some Malaysia states and they distribute a small quantity of the premier set in other states. If you want the premier set, the best way is to buy it from BNM KL or called your nearest BNM branch.
How much the price for the new commemorative banknote?
1. Premium set = RM380-RM400 (BNM sell price RM300) and goes up to RM450 outside Kuala Lumpur.
2. Set of 2 (RM1 and RM5) = RM20 (BNM sell price RM15) and goes up to RM25 outside Kuala Lumpur.
3. Set of 1 (RM20)= RM35 (BNM sell price RM30) and goes up to RM45 outside Kuala Lumpur.
With so much interest on the new banknotes, BNM has implemented a 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.
Congratulations to BNM for the new rules. Hopefully that will help all collectors get at least 1 piece of the premier set and hopefully BNM will strictly enforce it to everyone.
What is your opinion about the new banknotes? Have you bought the premier series? I heard about a rare case in Sarawak that collector bought the premier series for RM350 in BNM Kuching, is that true? Will it be helpful if BNM make an online shop like most of the world mint? Share your opinion in here.