MNS Auction vs MAVIN Auction - Part 1

This June and July will see few auctions happening in Malaysia and Singapore. These are

a) MNS auction on the 30th June 2013

b) Melaka Coin Auction in Melaka on 6th July

c) Mavin Auction (Banknotes Section only) on the 20th July

A very busy schedule for Numist fans out there. Time to go and bid for your dream items.

In my last post, I posted a question, are the Malaysian Numismatic market and collectors losing their competition?

Here in this post I would like to share my thoughts on that particular question. To answer that question, let's  do a few simple comparisons between certain similar items or almost similar items in the coming MNS auction and the MAVIN auction. As for the Melaka Coin Auction I have no data on the items for auction, so I am unable to do any comparison.

Here is the first item.

 

  

The first item is by MAVIN while the second item is by MNS.

 

There is another item which is similar but is of different category and level so I will not use it for comparison purposes.

So here are my thoughts. The reserved prices for both items seem reasonable and not so far apart judging from the condition of the notes. Given the time and money, one would definitely go for the better grade. If not, one will just have settled with the one they can afford.

What will be the outcome of these 3 items? Will all three be hammered? If yes what will be the hammered price for each? If not which one will be sold off? The answer will be out next month. I can only wish that all 3 will be well sought after.

However, a closer look reveals that the better one(s) is(are) being auctioned off in Singapore. It only shows and proves my claims in my previous post.

It is obvious that the local collectors/dealers find it hard to get the better one(s) in local auction. WHY? WHY?

Is it because of the hammered price in MNS is so unacceptably low compared to MAVIN? One can check the past hammered price record and make comparison.

Is it because MNS limits its members only to have a go at the items, thus making it difficult for the non-members and public to have a go and try their luck? If so, this in the long run will be or might be detrimental, and probably a fatal blow to the numismatic community growth.

Or is it because the members of MNS are not willing to pay reasonable price for quality items, hoping to get a cheap one, but willing to spend big $$$ to travel all the way down under and pay a hefty lump sum just to get another similar quality item? Only they themselves can answer.

I would like to see a healthy growth of the numismatic community in my country. 

If the ideology of "the grass is always greener on the other side" prevails, I fear that the fate of the Malaysian Numismatic Community is already sealed in that coffin buried underground.

 

My Straits, Malaya, Malaya and British Borneo, and Malaysia $1 Collection Part II

1953 Malaya and British Borneo $1 UNC

1959 Malaya and British Borneo Kapal Layar $1 A prefix by Waterlow and Sons UNC


1959 Malaya and British Borneo Kapal Layar $1 A prefix by TDLR UNC

1959 Malaya and British Borneo Kapal Layar $1 B prefix by TDLR UNC

1959 Malaya and British Borneo Kapal Layar $1 C prefix by TDLR UNC

This is the second part of the previous blog post of my $1 collection. In this post I will share my Malaya and British Borneo $1 from 1953-1959. These notes were introduced in my previous posts but heh, just another sharing...

In 1953, a new set of banknotes were introduced in Malaya and British Boreno. The banknotes carried Queen Elizabeth II portrait.

In 1959, after Malaya obtained her independence in 1957, a new set of $1 were introduced. This series of notes were called the boat series, or in Malay language, kapal layar series.

1953 QEII 1000 Dollars Sold in Singapore MAVIN

不得了。。。不得了。。。
马来亚的钱币价格恐怕又得再次标升
今天看到报纸（星洲日报）。。。
１９５３年的QEII一千元久钞票已经在mavin的拍卖会以３０万元新记录拍卖出。。

根据报道，这张旧钞票来自马六甲。。。
有两位买家苦战了１０分钟，最终当场的一位投标者以１２万新币标得。。。
看来海峡、马来亚甚至早期的马币会有另一轮的起价风。
这次的拍卖价格恐怕会导致其他面值的钞票水涨船高，全面上升。。。

Read it in today’s Sin Chew newspaper that a piece of 1953 QEII 1000 dollars, from Melaka, was recently auctioned in MAVIN International. It was sold to a buyer at about RM300,000.

Whoosh....what a price to go..

Looks like there will be another upsurge in the values of Malayan banknotes...

1959 Kapal Layar $1 1st Number 000001 VF

A new family member to my low serial number collection. A 1959 Kapal Layar (in Malay Language) or Fishing boat series numero uno...number 1.

Its not in UNC condition, because I definitely cannot afford an UNC one. Also an UNC is extremely rare and scarce. This note is in original Very Fine condition and more than half of my one month salary is gone just wanna own this piece of note.

1953 Malaya and British Borneo QEII 5 Dollars Banknote

A very impressive piece of 1953 Malaya and British Borneo 5 dollars banknote that carries Queen Elizabeth II vignette. It is of choice UNC condition with very clear full embossment. I bought it from steven tan's shop at a very reasonable price.

1959 Kapal Layar Series of One dollar Banknote

Kapal Layar Waterlow and Sons A prefix original uncirculated



Kapal Layar Thomas De La Rue Rare A prefix in original uncirculated condition. Very very rare to get this kind of condition.

I managed to track that the waterlow series was issued until prefix of A71 and that the Thomas was from prefix A74. So the switching of printer was between A72 or A73.

This also means that the A prefix of Thomas de La Rue is definitely a very scarce and rare find in original uncirculated condition as the amount of A prefix for TDLR is only 1/3 of waterlow and sons

PS(9/11/09): I can now confirmed that the printer switched at A/71 as I had come across 2 pieces of A/71 notes where one is by Waterlow while the other is by TDLR.



Kapal Layar Thomas De La Rue C prefix in running numbers in original uncirculated condition.

This is an almost completed set of 1959 Kapal Layar set of 0ne dollar note. The only piece i haven't got is the B prefix in original uncirculated condition.

PS: I finally found the B prefix original UNC piece of kapal layar...

1961 Malaya and British Borneo Buffalo Ten dollars Banknote

Small A series in original almost uncirculated condition and with perfectly clear embossment condition.



Big A series in original almost uncirculated condition and with perfectly clear embossment condition also. Currently seeking for B prefix to complete the set.

1953 Malaya and British Borneo Queen Elizabeth II Ten Dollars Banknote

Another piece of 1953 series of Queen Elizabeth II Malaya and British Borneo note. This is a ten dollars note in original almost uncirculated condition.

This Queen Elizabeth II banknotes series could be jumping fly high in prices in future when her majesty pass away. After all, it is her only issue in Malaya that has her portrait. Furthermore, her majesty is one of the longest rigning monarch in British Royal Family.

1953 Malaya and British Borneo Queen Elizabeth II One Dollar Banknote

This is a 1953 Malaya and British Borneo Queen Elizabeth II One dollar note in uncirculated condition. Queen Elizabeth had just ascended the throne in 1952 and is currently the second longest reigning monarch in the world.

I have this piece in 3 pcs running numbers. just chose one piece to share with everyone.