Malaysia 12th Series RM100 Serial Number Error in PMG Secure 66EPQ

Some result highlights of MNS Auction No.164

(Kuala Lumpur, 28th June 2015) There is an auction held by Malaysia Numismatic Society in 28 June 2015 in National Museum yesterday.  In general, the results of Malaysia Commemorative Coins Series may en-light our eye:

1.  Malaysia Astronomy (Set 3) was sold for RM 3,500.

What is boiling frog effect?

In nineteenth century, Cornell University has conducted a famous experiment known as "frog test." The experiment tried put a frog into a pot of boiling water, the frog was shocked and jumped out immediately from the pot. The frog was safe at the end. Later, the second experiment was put it in a pot of cold water and let the frog swims freely, but another site heated the cold water slowly. Although the frog can feel the outside temperature is changing, because of its inertia caused it not to jump out immediately. Until the juncture when the heat was unbearable, it was too late to save itself.

This is famous philosophy known "boiling frog effect".

Straits Settlements 1904B $1 NGC MS65 sold for RM8,500 in approx. !

Another new record was hammered by eBay today!

A piece of Straits Settlements 1904B $1 NGC MS65 has been sold for USD 2,252 in this morning (23/06/2015, 11.12am).

煮蛙效应(frog-boiling effect)

十九世纪末，美国康奈尔大学曾进行过一次著名的“青蛙试验”。他们将一只青蛙放在煮沸的大锅里，青蛙触电般地立即窜了出去，并安然落地。后来，人们又把它放在一个装满凉水的大锅里，任其自由游动，再用小火慢慢加热，青蛙虽然可以感觉到外界温度的变化，却因惰性而没有立即往外跳，等后来感到热度难忍时已经来不及了。这就是有名的“煮蛙效应”或“温水青蛙效应”。

对危机管理学而言，最可怕的是缓慢渐进的危险降临，而不是突然的危机降临。因为突然的危机降临可以使人动员自身全部的潜能，并迅速地做出各种反应以摆脱危机；缓慢渐进的危机降临往往使人无法感觉到，甚至到了死的门槛也毫无反应，正所谓“生于忧患，死于安乐”。（资料来源：ＭＢＡ智库）

青蛙效应在收藏界也是不折不扣地事实，特别是你爱追热门收藏品的人，看着那些热门货每天如海鲜价的攀升，大家都在谈如何的好赚，你也学着人家去插一腿，刚开始的时候你还感觉良好，还深信会继续的涨下去，往往你不晓得当价格越炒越高也同时说这一盘水已经越来越热，当这盘水已经煮到沸腾的时候，你就后悔莫及了。笔者常常都在提醒诸位，不管什么东西要是你看见它的价格不合乎道理的被拉高，请收敛你的贪念，你的贪心往往是促使你成为青蛙效应受害者的主因。

Numis Galleries House

20/06/2015

Revenue Stamps, Malayan States, Sungei Ujong

Revenue Stamps, Malayan States. Sungei Ujong
Revenue 1880 $1 blue and black (faults, rare), 1885-90 italic type 20c. and medium size upright type 3c., 30c., $1 and $5 (surface fault); scarce with the last three values unlisted in Barefoot

Subject to 20% VAT on Buyer’s Premium. 

Sold for £1,200 + 20% buyer premium + 20% on buyer premium ( approx. RM8,850 as 19/06/2015)

Source: Spink Auction, 20 May 2015

Revenue Stamps, Malayan States, Perak

Judicial 1896-99 10c., 25c., 50c. green and black, $1, $2, $3 and $5, fresh mint. Barefoot 62, 63, 65-69, £230. Photo

Subject to 20% VAT on Buyer’s Premium. 

Sold for £800 + 20% buyer premium + 20% VAT on buyer premium (approx. RM5,050 as the rate in 19/06/2015)

Source: Spink Auction, 20 May 2015

马币走势不明朗，本地收藏家何去何从？

（吉隆坡16日訊）美銀美林副總裁羅西格指出，雖然馬幣兌美元前景依然暗淡，但目前為止，馬幣已經全面反映國內因素，而海外負面因素（特別是中美）則尚未全面反映，預料馬幣明年尚有進一步貶跌空間。

今年守3.78令吉 

他認為，馬幣兌美元的長期合理水平應落在3.80令吉水平，今年杪可能落在3.78令吉，2016年預期收在3.90令吉。由於區域市場主要貨幣紛紛貶跌，若馬幣兌美元守住3.80令吉，尚算是不錯表現。美元走強，主要是市場認為聯儲局9月可能開始升息，剛開始時先稍為上調10個基點，接著在今年年杪前再上調約40個基點，使2015年全年上調約50個基點或0.5%。市場也預測，美國在2016年料會四度升息，每次上調25個基點或是0.25%，全年總共上調100個基點或是1%。這也將影響馬幣兌美元走貶。

资料来源：星洲网    17/06/2015

假钞公开卖，收藏家需谨慎！

近日，易购网站出现声称来自以色列的卖家售卖本地收藏假钞，售价大概马币37.23附加邮费约马币22.49。假钞的种类包括藏家热爱的主题，还有一些国家银行不曾发行的捏造票如RM1 Ali Abu Hassan 旁边签连体钞等。

What is mintage?

According to James Bucki (coin expert), mintage is the quantity of a particular coin that the mint produced. However, the parameter used to measure “mintage” in Malaysia commemorative collection is unique compared to conventional numismatic bibliography. The mintage terminology used in Malaysia is pointing to the number of packaging varieties but not the quantity of a particular coin minted. It is highly distorted and not reflects the real landscape and scarcity of the coin.

Sarawak 1910H 20 cents NGC AU55

Another new record was hammered by Ira & Larry Goldberg Coins & Collectible, Auction 85. A piece of Sarawak 1910H, NGC AU55 has been sold for USD 500 (exclusive the buyer premium, postage and handling charges and import tax, if applicable). In between, this is one of the extremely rare coins. More information kindly refer to Sarawak 1910-H 20 cents PCGS AU55.

Numis Galleries House
16/06/2015

KGT Procures Dinar, Dirham Without Agreements - AG's Report

KOTA BAHARU, June 15 (Bernama) -- Procuring dinar and dirham without agreements and handing them over before payment was received were among the weaknesses found in the management and financial management of Kelantan Gold Trade Sdn Bhd (KGT), according to the Auditor-General's Report 2014 Series 2.

丹鑄造金銀幣難賣‧生產公司年年虧

（吉蘭丹‧哥打峇魯15日訊）丹州政府鑄造並在2010年推行的伊斯蘭金幣（Dinar）和銀（Dirham）沒有被廣泛使用，以致生產及買賣金銀幣的Kelantan GoldenTrade有限公司（簡稱KGT）逐年蒙受虧損。

Straits Settlements 1921 50 cents PCGS MS65+

Denomination   : 50 cents
Mintage            :  2,579,413
Weight             :  8.42 g
Diameter          :  28.5 mm
Edge                :  milled
Material           : 0.5 silver

The coin is bathed with minimal hairlines, frosty  and fully lustre. Its excellence condition may not collateral to the grade concluded.

Numis Galleries House
15/06/2015

Malaya 1939 Cent NGC MS66RD

Denomination    : Cent
Year                   : 1939
Weight               : 5.83 gm
Size                    : 21.5 x 21.5mm
Edge                   : Plain
Material             : Bronze


Numis Galleries House
15/06/2015

The highlights of Mavin Auction 40

Mavin International has announced its upcoming Auction 40, World Coins,Banknotes and Postcards on 4 & 11 July 2015, at the Concorde Hotel Singapore.

Some auction highlights you should not miss out!



1. Straits Settlements Victoria, Half Cent, 1875, proof only date, PCGS PR66RB.
    Starting Bid: SGD 21,000

未来收藏观（三）：你不能低估的资讯普及时代（1）

如果你是一位新晋的收藏人或者你刚有三至四年收藏资历，有可能你不会感觉到这个课题给你带来显著的冲击，要是你的收藏年资起码有五六年以上地，恐怕你会有所感叹真的好像有点不一样了。资讯普及不应该十多年前就已经开始的事吗？怎么拖到现在才来说这个课题呢？笔者的看法，虽说资讯普及已是十多年前的事，可是钱币资讯普及顶多也是这几年的事。这两年更是钱币资讯普及的黄金年代，很多钱币资讯从以往的钱币目录至官方网页，延伸到部落格和论坛。现在更是发展到社交媒体的平台上，每天都有一大群的藏品分享灌进我们社交主页，钱币资讯屈指可得。

Straits Settlements 1845 1/2 Cent, PCGS MS-65 BN Secure Holder - April 2014

KM-2; Tan-SSC3. "WW" on truncation. Attractive medium toning with mint luster around devices. An exceptional example of this normally well worn issue. Price realised: USD 1,315 (inclusive buyer premium)

Numis Galleries House

09/06/2015

Straits Settlements 1872-H 1/4C NGC SP-65 BN - Dec 2014

KM-7; Tan-SSC8. Attractive and uniform dark toning throughout. Very sharp details. A highly graded piece. Price Realised: USD 5,975 inclusive buyer premium.

Numis Galleries House
09/06/2015

Sarawak 1870 Quater Cent under PCGS Secure PF64RB

One of my most favorite Sarawak collections. The finest grade as recorded and about 3 pieces with numerical grade are found insofar.

Numis Galleries House
09/06/2015

Sarawak $1 Specimen Note dated 1st January 1940 - September 2014

• 

(†) Government of Sarawak, specimen $1, 1 January 1940, serial number A/7 000001-A/8 1000000, green and multicoloured, Rajah Charles Vyner Brooke at top right, palms in field, reverse green, arms at centre, value top left and right
(Pick 23s, Tan K17s), ink date '25.4.45' in top margin, perforated SPECIMEN, uncirculated and rare

Subject to 20% VAT on both Hammer Price and Buyer’s Premium. 

Sold for £5,800

Source: Spink Auction, September 2015

Sarawak $50 Specimen dated 1st July 1929 - September 2014

 

• 

(†) Government of Sarawak, specimen $50, 1 July 1929, serial number E/1000000, green and multicoloured, Charles Vigner Brooke and arms at centre, palm fronds at left and right, value at left and right, printed signature low right, reverse, green, value at left and right

(Pick 18s Tan K24s), ink date "23.1.29" in top margin, red SPECIMEN overprint at left and right, perforated CANCELLED, extremely fine and extremely rare. A lovely banknote

Subject to 20% VAT on both Hammer Price and Buyer’s Premium. 

Sold for £12,500

Source: Spink Auction, September 2014

Sarawak $25 Specimen Note dated 1 July 1929 - April 2014

• 

(†) Government of Sarawak, printer's archival specimen $25, 1 July 1929, serial number run D/1 00,001 to D/1 25,000, blue and multicoloured, portrait of Charles Vyner Brooke and Brooke coat of arms at centre, fronds at left and right, value in guilloches in each corner, reverse The Astana (Governor's House) in Kuching set in ornate rectangular frame, perforated CANCELLED

(Pick 17s, LNZ GOS B16as2), ink date '23/ 1/ 29' and annotations in top margin, otherwise choice good extremely fine to about uncirculated, excessively rare and a magnificent note

Subject to 20% VAT on both Hammer Price and Buyer’s Premium. 

Sold for £10,000

Source: Spink Auction, April 2014

Sarawak 1906H 50 cents NGC AU 58 sold at SGD 3,509 - Mac 2015

This is one of the extremely rare in excellent condition which sought by a lot of international collectors. The numerical graded piece is highly scarce to be obtained. 21% of buyer premium was imposed on the hammer price as above.

Numis Galleries House
08/06/2015

Sarawak 1906H 20 cents NGC MS65 sold at USD 2,820

Charles J. Brooke 20 Cents 1906-H MS65 NGC, Heaton mint, KM10, Pr-5. A conditionally rare coin in the Sarawak series, and thusly of great importance for the collector, with surfaces that are not only absent distracting flaws, but that also retain memorizing qualities. Largely toned, green and gold saturations are most prevalent, their placement blanketing the obverse, with russet-tinged red colors intensifying at the edges. Full underlying luster helps to assure the Gem grade. A great coin - not surprisingly the finest NGC has certified by a large margin. 

Numis Galleries House

08/06/2015

Sarawak 1896 1/4C NGC MS64RB

This is one of my favorite collection and smallest denomination in Sarawak coinages. The coin was struck in deep details, excellent glossy and the reddish shinny is still significantly found.

Numis Galleries House
08/06/2015

Sarawak. 1/2 Cent, 1863. NGC PF65 BN sold at USD 8,963 - August 2014

This is bronzed-copper. Attractive oxblood surfaces which are very nearly completely undisturbed. A superb example worthy of the finest collection.

Numis Galleries House

08/06/2015

Sarawak Cent, 1896-H. NGC SP-65 BN sold at USD 5,079 - Dec 2014

This is one of the finest certified example. The coin was sharply struck with excellent glossy surfaces. A superb example worthy of the finest collection.

Numis Galleries House
08/06/2015

Sarawak Cent 1870 PCGS-PF65BN Secure Holder sold at USD4,482

This is one of the Finest certified example. The coin was sharply struck with excellent glossy surfaces. A superb example worthy of the finest collection.

Numis Galleries House
08/06/2015

Malaysia Tunku Abdul Rahman 1971 Gold 100R NGC PF68UC sold at USD 7,100

A set of Malaysia 1971 Tunku Abdul Rahman G100R under NGC secure, PF68UC has been sold via eBay. A stiff competition of 36 bids was found, and the item was hammered at USD 7,100 in 11th Jun 2014.

This set is one of rarest gold coins in Malaysia commemorative list, the coin was issued in 1971, the piece which is still well preserved in nowadays was extremely difficult to obtain, most of them has been melted due to less popular in past tens of  years or a partial of them are not under proper keeping.

Numis Galleries House

08/06/2015

Malaysia 1967 Proof Set of 6 sold at USD2,605 (approx. RM9689)

Another new record in eBay, a set of Malaysia Proof Set of 6 has been sold for RM 9,689 (in approx.) in 27th May 2015. A stiff competition of 51 bids was recorded. The whole set of coin was believed with significantly PVC contamination. It is not surprisingly indeed as most of the similar 1967 Proof Sets do facing the same problem due to the plastic capsules used in the 1960s were contained the PVC which is not friendly for collections.

Numis Galleries House
08/06/2015

What is PVC contamination?

One of the most common and destructive residues encountered on a coin is the plasticizer PVC. The chemical, PVC, makes plastic softer and more pliable and is frequently added to the make up of popular coin holders such as flips. The PVC will come out of the plastic and collect on the surface of the coin inside the PVC-laden holder. If this residue is allowed to sit on the surface and fester long enough, it will eat into the surface of the coin resulting in a certain type of environmental damage known as PVC etching. Even for new coins, PVC residue can be bad news. (NCS)

Sarawak 1910-H 20 cents PCGS AU55

Year; 1910

Mintage: 25,000

Weight: 5.43g

Diameter: 23.3mm

Edge: Milled

Numismatic Views:

Sarawak silver coin which is one of extremely difficult to find a presentable condition nowadays. This coin was still retained most of the sharp details and luster, minimal deep hairlines were observed in general. The population statistic was generated in Dec 2014, the figures may be different compared to latest.

Finding nice examples of the coinage of Rajah Charles Johnson Brooke is difficult due to the export restrictions on Sarawak coinage, limited mintage for the population size and that most coins circulated. The coins are always in strong demand by collectors. The silver coins are scarcer than the copper issues due to a mintage under 200,000 per issue for the series and a low survival rate as a result of the melting of almost all of the Sarawak silver obtained by Japanese during their World War II occupation. (NGC Research, 2011)

Numis Galleries House

07/06/2015

Related Auction Results
Sarawak 1910H 20 cents NGC AU55

Malaysia, Bank Negara, 2 Ringgit KNB46A-B ND (1996-99), Mismatched Serial Number Error in PMG 66

If you are sensitive on my collection, I only have a very small collection of paper money compared to coinage collection especially in modern paper money. Perhaps, I do not have strong chemical reaction with paper money. However, it may subjected to some exceptions sometimes, I like the ancient collection which contained its own specified stories, such as Malaya Japanese over-printed notes, Malaya notes from sinking ship, Malaya Rubber Coupons, and etc. Unfortunately, their current market value are always beyond my affordability. 

如果你稍微有主意笔者的收藏倾向，笔者是极少倾向收藏纸钞的，特别是现代钞就更不用说了。也许是本身对纸钞就是少了一些化学作用的关系吧！不过有时候总有例外，对于一些有故事的古品收藏，例如日钞加印，马来亚沉船票或者橡胶股本等，笔者本身也是蛮热爱的。可惜啊，价位往往都是能力范围以外的东西。

Reversely, I would like introduce a piece of Malaysia modern error notes, Malaysia 8th Series RM2, Serial Number Mismatched, PMG 66. In fact, I am not the fans of error notes collection, I didn’t purposely to search this item until I saw a person would like to let it go in 2009. Basically, it was just driven by my tend-to-own demand by its fanciness. I had also remembered, the seller just put paper note casually into a POS express envelope, it was without no any hard card to pad it, and especially my mail box was seepage! It was extremely lucky, I found it early in time! Just after an hour I collected it, raining was started…

相反的是今天要和大家介绍的就是一张现代错体钞，Malaysia 8^th Series RM2, Serial Number Mismatched, PMG 66。笔者其实也不是错题钞的粉丝，当初买的时候，其实并没有特别去研究和顾虑那么多，在论坛看见有人要出让这个东西，本身也觉得蛮有趣的，就随缘的和卖家要了下来。想起来都应该是2009年的事，当初还记得卖家就只是把纸钞随便的放进一个pos express的信封，是完全没有垫上任何硬卡的，那时候笔者还是和别人租房子的，那个信箱还是渗水的！还好我发现得早，东西取了不到一小时，雨一直下…

I used to have some discussion with several senior collectors pertaining to the Malaysia number mismatched errors, such errors found in the local collection are not too many but also not rare, at present the most common number mismatched errors found are:

笔者曾经和几位资深藏家谈过类似的错体类别，基本号码对称错体在本地收藏圈也不算是太泛滥的东西，目前上最常见的号码对称错误应该是：

1. Malaysia 4th Series $5

2. Malaysia 3rd Series $1

3. Malaysia 11th Series RM5

4. Malaysia 12th Series RM5

5. Malaysia 11th Series RM10
6. Malaysia 12th Series RM1

I did concerned the other identical RM2 number mismatched errors in this few years, it was still to no avail. Along with logical sense, if you find a piece of number mismatched error, it should be not only in one piece but reversely a small pile of it which more than four or five pieces at least. Therefore, this post is not only beyond the sharing, but also used to search the lineages of my loving collection. If you have a similar piece, please share with me!

笔者在这数年内也有在留意是否有其它类似的RM2号码对称错体，目前依然是徒劳无功。根据逻辑思考，如果你发现一张号码对称错体，它应该不只有一张，应该至少有一小叠或者至少四五张以上的，所以这个帖子除了是分享之外，也是在替笔者的宝贝寻亲的，如果你也有的话，记得带上来分享哦！

Have a nice weekend! 

周末愉快！

Numis Galleries House

07/06/2015

Do "collection" and "investment" linked?

Second-generation collector Chong Zhou, 25, compares his method of collecting with that of his parents, who run a large pharmaceutical company. “They bought on instinct,” he says, “and later, when the market took off, on investment.”

Did you recently discovered there is another voice in collection circle regarding to call on everyone make a look back to the beginning enthusiasm in collection? The slogan sounds like a pair of old couple commemorate their old loving story which was always nourished with the passion and pleasure. That must be sweet memories of everyone, I remember my first came into contact with collections, although I just bought an ordinary coin, it may spend my few days just to admire it, and you won’t feel tired to explore the origin of the currency, the story behind the coin and the collectors’ reviews. You may have a long story to tell off if you saw anyone who have the similar enthusiasm with you.  Few days ago, I talked about the same matter with my companion, she replied me with an unwelcomely tone that: hello, you have no any changes of your craziness, don't talk with a tone sound like you have changed a lot!! Haha, I believe there should be a large number of collectors should also have the same experience as me, are you still hold that origin passion?

It is a very encouraging campaign to ask a review on the original passion in collection. However, if you would like to further elaborate this topic to "purely-for-collection", perhaps we may need more exploration about it. What is "purely-for-collection", simple to say it is regardless of the cost to acquire a collection, no value appreciation concerns or it is merely driven by your demand-to-own it. Basically, this topic is highly debatable if you are seriously involved to argue it, it always ended up without any valid conclusions. So, if you stick to the "right" or "wrong" standing in this topic, it is probably never get to the right answer.

Personally, I tend to elaborate this issue in human terms. If you advocate on the purely-in-collection principle, how to handle the dilemma such as  you  bought a collection about 10 years ago, you just spent hundreds of dollars in that time, it is valued about tens of thousands nowadays. Would you transfer the possession without concern the market value to the next owners who may similarly advocate the pure-in-collection? If true, your extraordinarily cultivation is always our deeply admiration. Perhaps you will have the opportunity to meet similar people few decades ago, in that time the capital gain of collection was not as good as today, and most people were still struggling for their life spends. Some of the aged and senior collectors notified the next generations has no interest to inherit their collections, it was not surprising they may choose to make a cheap transfer to you. However, in the materialistic society as today, if you still given chance to meet such person, it may more difficult than you are striking a jackpot. Sometimes, we can easily find many people who advocate the purely-in-collection spirit, however when he has a something good ,it maybe another matter, so in other words his purely-in-collection spirit is "selective" indeed, which only probably confined in the zone of low-tier collection.

"Collection of investment" is a pleasure hobby, you do not require to make it complicated. What we may need to pay attention to is "collection of speculation". Sometimes, we earn some extra money in collections transfer does not necessarily represent we are depriving it as our life cost. The most joyful moment is the feeling of your vision was affirmed and rewarded. I believe most of the collectors agree to it.

I do not intend to write on this subject with a conclusion, why not we take our predecessor, Mr Wan Thiam Teik’s quote as a reference?

"That is another way to contemplate this debates. In the time when prices are modest, that is no issue at all to collect for pure pleasure, this was a common perception only a decade ago. However, came to the time as today, price of collections are mostly escalated significantly, it is no longer easy to collect as pure hobby. Why? The cost for hobby is not modest anymore. While we contemplate to spend tens of thousands or higher for quality materials, why not we take this money to improve the quality of our life, do something for the family such as home decoration, or have a trip for family vacation, or buy a better car, or repay part of the mortgage, and so on. It is absolutely no wise to use our saving on hobby without any appraisal of the investment potential. Whether we like it or not, collector mindset is bound to change, the perception of solely for the interest has slowly become a history. Today we're at the genesis of a new way of looking at these collectible banknotes and coins — from an investment perspective instead of a collecting perspective. "

Have a nice reading!

Numis Galleries House

05/06/2015

收藏财经 （一）：“收藏”应该与“投资”挂钩吗？

周大为2011年以2500万人民币购入以来的首次正式公开展示，周大为是85后资深钱币收藏家，

当他知道“奉天癸卯一两”之后，拥有这枚币王是他一直以来最大的愿望。

近来大家有没有发现收藏圈内好像起了另一把声音，就是呼吁大家寻回刚开始的收藏热情。听起来就好像一对老夫老妻突然有那种想从新体会刚开始热恋时小鸟依人的纯情，激情甚至快感。想起来那是一件多甜蜜的事，笔者回想当初刚开始接触收藏的时候，纵然只是买到一些普品，起码可以雅赏数天，有时候疯狂起来还会不停的去探索这个币的来历，背后隐藏的故事，藏家对它的看法又或者看见任何人就有那种没完没了地话题要和别人细说。前几天笔者才和女伴谈起这件事，女伴也毫不客气地回击一句：哎哟，先生难道你现在不是吗？不要说到一副你已经改过自新的口气，please!! 哈哈，相信这里应该有为数不少的收藏人也应该和笔者有同样的经历，甚至到现在依然还抱此着这一股热情。