SilverMalaysia

Monday, December 26, 2011

Malaysia 2012 new notes


Week 48.1 Bank Negara New Currency Notes

It was a long queue for the new Bank Negara Malaysia 2012 notes. Never before in our history new Malaysian Bank notes is sold in complete set format with same series number. This is the first time. With a limited 50,000 sets at RM300/- per set for RM1, RM5, RM10, RM20, RM50 and RM100, it was a mad grab among all the collectors. Each person is only allowed to buy 1 set at one time with no repeat queue. Well, some of them manage to repeat queue without begin detected by the authorities. Some employed Child Labour. Whole family came and queue. Malaysia Boleh, Macam2 ada.

You can see the queue in facebook.


Some of my customer managed to buy 6 sets, wow! How did he get it? He said he sold it for RM600/- around 5 sets. Wow! RM300/- profit per set better than selling silver ler. It will be a long time again, before we can have such memorable notes to collect, such a profitable product to sell, own, trade etc.

I went on the first day afternoon 22nd Dec 2011, it was raining heavily before than so the queue is not that long. Thank god. Despite that, I waited 1 hour to get my notes. So managed to get myself one set but the number is not good AA00014XXX. Never mind better than nothing.

What was the previous statistic? Well, in 2007 the RM50/= new notes gold line on the side was sold at RM60 per set limited to 20,000 sets. The notes were numbered from A0000001 to A0020000. Each person can only buy 1 set. Last transacted sold price in ebay 2011 is at least RM400.  So for the complete set of currency, I think easily RM1000/- per set in the next few year if no economy collapse lah.

Till then good luck.


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