Why Numismatic is important? Essences of Numismatic

Week 43.1 Why Numismatic is important? Essences of Numismatic

Do your parents, grand parents or great grand parents  left you something for you to remember as a token. An old coin will do. Queen Victoria Straits Settlement 50 cents will do. hihi.

Throughout your life time did you keep any money. What is the proof? Where is it?

Thus, it is important to keep some at least for your own shown that you have some $$$ for yourself and your future kid.

For each year you have live, you owned the money and you still have some of it. Nice omen. When you died, it is left to your kid as saving, evidence that you have left something for them. No need to be expensive. Maybe a 10cent or RM1 note of each year will do. It is affordable for most of you.

Best known bank notes are the first bank note for Malaysia printed in 1967 was given away by Bank Negara Ismail Mohd Ali to the Agong.  It was sold at $115,000 pound in 2008 auction.

Aiyah! Ismail Mohd Ali should have make 1000 presentation album. A/1  000001 to A/1  001000. Just like the RM50 50^th Aniversary gold line was selling like a hot cake. Price is easily RM400/pc now.

I don’t know how these notes end up in auction house in SG. Maybe someone can share. This is Malaysia property mah, should not be sold at any price. The first money you have and yet you given away to somebody. Not a good sign or omen. I don’t wanna to raise any more sensitive issue causes I don’t have time+power+network to handle difficult issue.

Well, for Precious Metal I will talk more on numismatic aspect in my future blog article.

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http://www.coinpeople.com/index.php?/topic/28024-the-worlds-most-expensive-asian-banknote-sold-at-spink-action/

http://dniewcollectors.blogspot.com/2011/05/malaysia-numismatic-newsthe-worlds-most.html

Today Spink’s World Banknotes auction featured numerous rarities which realized unbelievable prices. Without a shadow of a doubt, the highlight of the sale was a collection of the first ever Malaysian banknotes. The lot was purchased for an amazing £115,100, four times the original estimate, which broke Spink’s previously held record for the most expensive Asian Banknotes sold ever at auction.

The banknotes were a gift presented by Ismail Mohd Ali, on behalf of the Board of Governors of Bank Negara Malaysia, to the (fourth) King of Malaysia, Tuanku Ismail Nasiruddin Shah. They are preserved in a blue leather presentation album with the title Bank Negara Malaysia and arms in gold on the front cover. The folder contains the following: 1 ringgit, blue and multicoloured, 5 ringgit, green and multicoloured, 10 ringgit, blue and multicoloured, 50 ringgit, blue and multicoloured and 100 ringgit, purple and multicoloured, all ND (1967), serial number A/1 000001, all with portrait of Yang Di- Pertuan Agong, TuAnku Abdul Rahman, first King of Malaysia, at right, all are signed by Ismail Mohd Ali, value at centre and at each corner, all notes are mounted in card with gold border (Tan M 27, 28, 29, 30, 31). There is also a second presentation album containing 1000 ringgit, ND (1968), serial number A/1 000001, purple and multicoloured, portrait of Yang Di- Pertuan Agong, TuAnku Abdul Rahman, first king of Malaysia at right, signed by Ismail Mohd- Ali, value at centre and each corner, mounted in card with gold trim (Tan M 32).