Thursday, September 11, 2014

1970 1 sen steel clad coin in CAA Auction

A very rare Malaysia coin, 1970 1 sen copper clad steel coin will be offered by Collectibles Auction Asia (CAA) in their Coins & Banknotes Auction 4/2014. The auction will be held at Landmark Village Hotel, Singapore on October 4th, 2014.

1970 1 sen

A normal 1 sen 1970 coin planchet is made from copper. The coin is graded by NGC MS63 RB, a Wong Hon Sum collection. According Sifu Dickson Niew, only 4 piece 1 sen 1970 copper clad steel coins was found so far. The coin is estimated at SGD8,000 – SGD12,000. You can read more about 1 sen 1970 clad steel in this article; rahsia 1 sen 1970.

aluminium coin

A rare mint error 5 pieces coin set, 2005 aluminium bunga raya 1 sen, 5 sen, 10 sen, 20 sen and 50 sen coins will also offered in the auction. A normal Malaysia bunga raya coins are made using copper-nickel. The mint error coin set are using aluminium planchet and all coins are graded by Professional Coin Grading Service (PCGS); 1 sen (MS64); 5 sen (MS63); 10 sen (MS63); 20 sen (MS63) and 50 sen (AU Details, scratch). The coin set in Lot 461 is estimate to sell for SGD2,600 – SGD4,000.

There are also other lots with bunga raya aluminium planchet coins offered in the auction:
  • Lot 460: 2005 Malaysia Bunga Raya Aluminum 20 Sen, PCGS MS 63. Estimate: SGD600–SGD1,200.
  • Lot 462: 2005 Malaysia Bunga Raya Aluminum 1 Sen, PCGS MS 63. Estimate: SGD400–SGD600.
  • Lot 462: 2007 Malaysia Bunga Raya Aluminum 1 Sen, PCGS MS 64. Estimate: SGD500–SGD1,000.

50 sen 1969

Another coin that might be a highlight piece in the auction is a 50 sen 1969 Parliament without a security edge (Milled Edge), the finest known with a MS65 grade by The Numismatic Guaranty Corporation (or NGC), a Wong Hon Sum Collection. The beautiful coin have an estimate of SGD2,500 – SGD5,000.

For your information, a 1968 50 sen Milled Edge realized SGD7,670 (RM19,942) including buyer premium in CAA Auction No. 3/2014 on 19 April 2014. The ex Mr. Wong Hon Sum coin is still the most expensive Malaysia circulation coin sold in auction and the best finest known example (graded MS66) for the 1968 50 sen Milled Edge coin. A 50 sen 1969 Milled Edge coins are more difficult to find as there are only 2,000,000 pieces minted for that year. Will the final auction price for this coin hit a higher price then its older brother? It is a question that I think everyone will be waiting for on 4th October 2014. With a recent price drop for most of the rare Malaysia coins in other auctions, I think it will be a very exciting day for Malaysia numismatic.

To anyone who still don't understand what is Milled Edge and what is security edge, which one of the two give a higher price, you can read my article; Information about 50 sen 1967, 1968 & 1969 coins.

Shah Alam

A 2 in 1 set of Proclamation of Shah Alam commemorative coin will also be offered in the auction lot 464. The RM 1 Bi-Metal (Copper-Nickel & Nordic Gold) and RM 10 Silver coins set came in a standard Bank Negara Malaysia blue case with cert. The coin set is estimated at SGD1,200 – SGD5,000. For your information, there is no official record by Bank Negara Malaysia about the coin set.

Other highlights for the auction:

MAS Gold

Lot 185: Johor, MAS Gold (Octagonal), 1527-1564, SS1
Johor, MAS Gold (Octagonal), 1527-1564, SS1, obverse: In Arabic “Sultan Ala Uddin”, Reverse: In Arabic “Khalifatul Muminin” (Ruler of the faithful, i.e. of the religion of Islam). Plain edge, weight: 2.59gm; composition: Gold.
Estimate: SGD1,200 – SGD1,800

Queen Victoria

Lot 247: 1873 Straits Settlements Queen Victoria 20 cents silver coin
Straits Settlements, 1873, Silver 20c, Tan SSC27, KN12, Very scarce. EF.
Estimate: SGD1,650 – SGD2,200

Womens Decade

Lot 405: Malaysia RM 250 Gold Proof coin Womens Decade
Malaysia, 1985, RM 250, Gold Proof coin, Womens Decade, Weight: 8.1gm, mintage: 1500, NGC PF 65 Ultra Cameo.
Estimate: SGD1,200 – SGD2,000

Variety 2

Lot 425: Malaysia 10 sen 1971 Variety 2
Malaysia, 1971, C-N 10 Sen, The Parliament House (variety 2), NGC MS 66
Estimate: SGD300 – SGD400

Variety 3

Lot 425: Malaysia 10 sen 1971 Variety 3
Malaysia, 1971, C-N 10 Sen, The Parliament House (Variety 3), NGC AU Details
Estimate: SGD100 – SGD200

5 sen 2009

Lot 435: 5 sen 2009 Twin Tower and High/Low Tower
Malaysia, 2009, C-N 5 Sen, The National Flower (2 varieties: Twin Tower and High/Low Tower) 2pcs. All NGC MS 66
Estimate: SGD100 – SGD200


Lot 569: Palestine 1927 Bronze 2 mils
Palestine, 1927, Bronze 2 mils, Y#2, NGC MS 64 RB
Estimate: SGD150 – SGD250

A Buyer's premium of 15% will be added to hammer price for each lot to all succesful bids. Lots sold though "" are subjected to an additional 3% Buyer's Premium (18% in total). All Shipping, handling and insurance charges will be paid by Buyer.