Anyone collectiong Malaysia or Malaya British Borneo

[see323]

Here is a larger and clearer view of the note. I cannot imagine how they can print such detailed and beautiful note in 1925. Every banknote is an art piece in the hands of users.

 

[Dave]

That is indeed a lovely note See323.

 

[MADISON]

Here is a larger and clearer view of the note. I cannot imagine how they can print such detailed and beautiful note in 1925. Every banknote is an art piece in the hands of users.

 

 

Very nice notes indeed Derrick. Wish I have one..!!

Madison:clapping:

[see323]

Very nice notes indeed Derrick. Wish I have one..!!

Madison/Mark

 

Mark, You should be able to get one this year in the coming Spink Auction, Singapore.

[see323]

A close-up on the stalking Malayan Tiger, Water Buffalo in the padi field with a farm boy and many typical coconut trees as background scene in most of tropical countries around S.E. Asia. And also the multi races with different languages printed on the banknote to cater to various cultures and races namely Chinese, Malay, Indian and European and not forgetting the Eurasians.

 

[MADISON]

A close-up on the stalking Malayan Tiger, Water Buffalo in the padi field with a farm boy and many typical coconut trees as background scene in most of tropical countries around S.E. Asia. And also the multi races with different languages printed on the banknote to cater to various cultures and races namely Chinese, Malay, Indian and European and not forgetting the Eurasians.

Hi again

Very nicely done. Make me envy......beautiful picture...

Madison

[thelawnet]

Mark, You should be able to get one this year in the coming Spink Auction, Singapore.

 

Last one sold for S$4200 (four times estimate), and only VF!

 

http://www.spink.com/asp/fullCatalogue.asp...2&saletype=

[MADISON]

Last one sold for S$4200 (four times estimate), and only VF!

 

http://www.spink.com/asp/fullCatalogue.asp...2&saletype=

thanks!! it is a bite too rich for me.....anyway it is nice all around.

[see323]

Last one sold for S$4200 (four times estimate), and only VF!

 

http://www.spink.com/asp/fullCatalogue.asp...2&saletype=

 

Yes, they are expensive,rare and highly collectiable especially the high grade ones. And for this series, not many are in high grade. I only know of three pieces in the highest grades. Uncirculated. Mine is one of the three pieces. There is a countmark on the top edge but the note is uncirculated and in original condition. Most pieces are in VF or VF+. You will never lose out especially when you invest in those high grades ones. The market prices increases many folds as the years goes by. Unfortunately, the truth is that such notes usually selling very much higher than the market price. Unfortunate for buyers but fortunate for sellers.

 

The Spink Auction below should see some high quality Straits Settlements pieces from Steven Tan for sales. That's what I was told.

8014 Banknotes of South East Asia Singapore 05 Jul 2008 10:00

[kelly.1]

Hi see

Nice piece of note. Thanks for sharing.

[thelawnet]

Yes, they are expensive,rare and highly collectiable especially the high grade ones. And for this series, not many are in high grade. I only know of three pieces in the highest grades. Uncirculated. Mine is one of the three pieces. There is a countmark on the top edge but the note is uncirculated and in original condition. Most pieces are in VF or VF+. You will never lose out especially when you invest in those high grades ones. The market prices increases many folds as the years goes by. Unfortunately, the truth is that such notes usually selling very much higher than the market price. Unfortunate for buyers but fortunate for sellers.

 

It does depend on the country of issue. Some rare notes do not sell, but anything from Singapore, Malaya, etc., seems to sell very well.

 

The Spink Auction below should see some high quality Straits Settlements pieces from Steven Tan for sales. That's what I was told.

8014 Banknotes of South East Asia Singapore 05 Jul 2008 10:00

 

Of course Singapore is probably not the best place to buy South East Asian money, if you want to buy at a low price.

 

Here's a sale in USA of Indonesian money in 2005:

 

http://www.stacksarchive.com/viewcat.php?a...;headinglevel=3

 

A set of Irian Barat 5rp, 10rp, and 100rp (all 3 notes in one lot) sold for $75, and a set of 4 * 100rp notes in condition from F+ to UNC sold for only $60.

 

The previous year in Singapore, a note in only F+ condition sold for more money - $70

 

http://mavininternational.com/auction0411/CAT0801.HTM

 

The 100rp currently fetches $500 and up on ebay in UNC condition.

 

If you can buy notes away from the home market you may find less collector interest and hopefully a lower price.

[see323]

It does depend on the country of issue. Some rare notes do not sell, but anything from Singapore, Malaya, etc., seems to sell very well.

 

 

 

Of course Singapore is probably not the best place to buy South East Asian money, if you want to buy at a low price.

 

Here's a sale in USA of Indonesian money in 2005:

 

http://www.stacksarchive.com/viewcat.php?a...;headinglevel=3

 

A set of Irian Barat 5rp, 10rp, and 100rp (all 3 notes in one lot) sold for $75, and a set of 4 * 100rp notes in condition from F+ to UNC sold for only $60.

 

The previous year in Singapore, a note in only F+ condition sold for more money - $70

 

http://mavininternational.com/auction0411/CAT0801.HTM

 

The 100rp currently fetches $500 and up on ebay in UNC condition.

 

If you can buy notes away from the home market you may find less collector interest and hopefully a lower price.

 

 

Yes, I fully agree on your logic on pricing. Once in a while, we find some good Straits Settlements stuff located in Down Under auctions and pricing is definitely very much cheaper than what is offered at home. Most of the really good Straits Settlements banknotes are found in Singapore and Malaysia since as early as 1980s, these high quality notes found their way to this part of the world from UK.

[RPT]

Hi,

 

I know this is kind of out of topic but I just need your comments on this world class super rare note (72 pcs recorded estimated 100 pcs still exist). The last one recorded on spink 2005 Auction in the collection of W.H.Lu. HK$140,000.00 (US$20,000) in EF condition. This is an UNC note from ebay which has at least 50 places printing different but with a near matching serial number from the recorded series. Is this a high grade reprint (counterfeit) or long lost brother of the 1951 RPC RMB queen the "Yurts and Camel".

Thanks

[thelawnet]

Yes, they are expensive,rare and highly collectiable especially the high grade ones. And for this series, not many are in high grade. I only know of three pieces in the highest grades. Uncirculated. Mine is one of the three pieces. There is a countmark on the top edge but the note is uncirculated and in original condition. Most pieces are in VF or VF+. You will never lose out especially when you invest in those high grades ones. The market prices increases many folds as the years goes by. Unfortunately, the truth is that such notes usually selling very much higher than the market price. Unfortunate for buyers but fortunate for sellers.

 

The Spink Auction below should see some high quality Straits Settlements pieces from Steven Tan for sales. That's what I was told.

8014 Banknotes of South East Asia Singapore 05 Jul 2008 10:00

 

The catalogue is available.

 

http://www.spink.com/auctions/pdf/8014pages.pdf

 

There are a lot of Straits, Sarawak, Malaya and Borneo notes.

 

Including an XF one of this note.

 

The prices are huge......

 

It makes me wonder about investment notes.

 

The Netherlands Indies notes are also highly priced, but Indonesia notes are still cheap. I am hoping improving economics will make my collection more valuable. You can still buy extremely rare (five pieces in existence) notes for around US$3,000. Merely scarce notes are only priced at $100 or so.

 

How much did you pay for your notes originally see323, and when did you buy them?

[see323]

The catalogue is available.

 

http://www.spink.com/auctions/pdf/8014pages.pdf

 

There are a lot of Straits, Sarawak, Malaya and Borneo notes.

 

Including an XF one of this note.

 

The prices are huge......

 

It makes me wonder about investment notes.

 

The Netherlands Indies notes are also highly priced, but Indonesia notes are still cheap. I am hoping improving economics will make my collection more valuable. You can still buy extremely rare (five pieces in existence) notes for around US$3,000. Merely scarce notes are only priced at $100 or so.

 

How much did you pay for your notes originally see323, and when did you buy them?

 

Yes, I went through the SS notes in Spink catalogue for the coming July. Steven Tan and Patrick Tan have place all their early collection for sales in Spink. I am surprised that none of their collection have a grade close to my SS 1925 $5. Mine is an uncirculated with a count mark on the top margin. We can also consider it as AU/UNC. This will be a truly good piece for those who wanted the best and the highest grade SS collection. There is one SS 1925 $10 with serial number 94988 in good EF in the Spink Auction. Originally in my collection, I sold it off in 2006 as I need money to purchase another SS 1906 $1 Pink in uncirculated condition. The SS 1925 $10 must have landed in Patrick Tan's collection. This piece is extraordinary because you can see the true patterned embozzing on the surface. The note still maintain the bright purple colour. Very striking in appearance. The note should have two pinhones on the top left corner. I don't remember seeing a description in Spink that says pinholes. It may have been filled up. The note is also famous because it first appeared in an early printed poster under Ben's collection. From what I understood, during the 1980s, Ben, a dealer, borrowed some of the best grades SS notes from collectors for the poster printing. It become famous as many collectors have purchase this poster. In fact, all of these top grade SS notes are found only in collector's hands in Singapore and Malaysia.

 

The super rare notes in the Spink Auction are the 1940 KGVI $1 and $5. There are not many around. If you have read the historical fact, these notes were printed for circulation but the ship that carries them sunk in the sea. This was during WWII. Most of these notes are in very poor condition as they may have been savage by fishermen. Even the poor condition are selling at record prices. The pair from Steven Tan may have been collected from other sources as they are in really nice condition and not from the sunken ship. If you have a lot of money, you can go for these SS/Malaya super rare notes. These are historical notes and SS notes are one of the top ten most expensive notes in the world.

 

I started collecting them in 1986 as a collection. Even the early days, the high grades ones were also not easy to come by but consider cheap in today market prices. The prices have all climb very high over the years. As I was not able to complete every note in my high grade SS collection, and they are now beyond my means, I have to take them as investment notes. In this Spink Auction, there are quite a few of those Singapore early private issued banknotes ( before Straits Settlements ). Most of them represent one and only piece rarity. In fact, some of the notes have been offered to me many years ago. A number of them comes from Malaysia Dr. Chan collection which were auctioned off in an early Spink Auction. Before these early private issued notes and SS notes were auctioned off, he published a hard-cover book containing all his impressive collection. ( Note : From my observation, he does not have a nicer condition SS 1925 - 1930 $5 than my piece, something to be happy about ..hee hee..since I am considered very much a small fly among those big time collectors ).

 

I find that even though early privately issued banknotes do have a stake in Singapore,Malaysia and Brunei history but compared to the Straits Settlement banknotes ( first printed in 1898 ), they lost out to SS notes. Straits Settlement banknotes are legal tender and printed by the governing Colonial British government. Collectors are more comfortable collecting them. There are not many collectors willing to lay huge amount money on these privately issued banknotes. In fact, it was quite difficult to sell them earlier. The demand was not too good. I am not sure how these privately issued banknotes do in this coming Spink Auction. We have to wait and see.

 

The early Indonesian notes should be a good investment if there are not too many of them around. Collect them when they are still cheap. If they are really rare or scarce, they should rise in value over the years.

 

Here is the famous note that once sat in my SS collection for many years.

 

[thelawnet]

The early Indonesian notes should be a good investment if there are not too many of them around. Collect them when they are still cheap. If they are really rare or scarce, they should rise in value over the years.

 

It is hard to find info on scarceness.

 

I just received an invoice for $3105 from HR Harmer for unissued Essay Specimens that I purchased in their sale. They are not the most attractive of issues, but are quite historic, because they would have been issued by Indonesia upon independence except that the peace conference with The Netherlands in 1949 brokered that De Javasche Bank would remain as the central bank.

 

I went to look at the Indonesian notes in the London Spink auction (I am not sure why they were not consigned to Singapore). They had a beautiful unissued specimen, the estimate was only £200-£300. I was prepared to go to £400-£450.

 

This is the face:

 

 

It is a large size note with a nice unique Wayang scene on the reverse. It had undeclared surface damage which I saw on inspection. It was also miscatalogued as the less desirable (issued) 1000 rupiah , so I did not raise it with them, as I was hoping that the misdescription would keep the price down.

 

Unfortunately it went for £800 (=£960 with premium), which wasn't a price I was willing to go to, mainly because I don't have the context to justify that price - previous auction sales, or data on the number of notes that survive (the note was numbered 'Specimen 25', but exactly how many survive is unclear).

 

I noticed that the preceding Indian notes were attracting high bids (several thousands pounds) from Indian bidders, I believe that in a developing country like Indonesia, demand will only increase in the future.

 

What sort of prices were you paying in the mid 80s? I.e for something that is now $2000, what was the price then?

[see323]

I noticed that the preceding Indian notes were attracting high bids (several thousands pounds) from Indian bidders, I believe that in a developing country like Indonesia, demand will only increase in the future.

 

What sort of prices were you paying in the mid 80s? I.e for something that is now $2000, what was the price then?

 

If you are referring to SS / Malaya notes, a rough estimate in the 80s should be around $300 or less. It all depend on scarcity. There are some scarce note which was once at a very high price such as the Malaya 1940 $10 ( purple ). A large bundle of them were found in very nice condition, the market price dropped. It will take some time to go back to it's peak price in the early days. Nice condition are sought after by collectors.

 

Early Singaporean collectors also collect Indonesia banknotes ( especially Dutch Indies ) and Malaysian Agung banknotes but I am not one of typical collectors. I started seriously collecting when I was 21-22 years old. Most of the collectors I met were retired old men. In those days, you will only see old men who were avid collectors. They usually collect notes around the region ( South East Asia + China). Almost every Sat, we would gather at a popular dealer shop to chit chat ( discussion ) and sharing of information on coins and banknotes. There was always nice notes and coins available for sales.

 

Were you the one who won the specimen notes book from HRHammer earlier. I think it went for 5k USD. It's nice to keep and invest in printer specimen ( those with the printer chop ). They are great investment. Without the printer chop, it was a miserable investment. I learnt a painful way when I bought them as early as late 1980. I sold them off in 2004 make a big loss. No more specimen notes for me even those with printer chops.

 

Indian notes are currently in high demand. In the last Mavin Auction, there were a lot of nice early Indian notes which fetches a lot of money. In fact, I noticed people are aware that early Indian notes are becoming very popular. The demand should be from India as they get richer. It is the same for China.

[thelawnet]

Were you the one who won the specimen notes book from HRHammer earlier. I think it went for 5k USD. It's nice to keep and invest in printer specimen ( those with the printer chop ). They are great investment. Without the printer chop, it was a miserable investment. I learnt a painful way when I bought them as early as late 1980. I sold them off in 2004 make a big loss. No more specimen notes for me even those with printer chops.

 

Hmm?

 

I bought some 1948 and 1949 essay specimens:

 

 

Not sure what you mean about printer chops?

[see323]

Hmm?

 

Not sure what you mean about printer chops?

 

That's oval shape printer chop on the specimen note below ( the red chops appear on the upper left and lower right corner ). In this note, I believe the printer is Thomas De La Rue ( TDLR ).

 

[thelawnet]

That's oval shape printer chop on the specimen note below ( the red chops appear on the upper left and lower right corner ). In this note, I believe the printer is Thomas De La Rue ( TDLR ).

 

Yeah.

 

There are some notes on ebay at the moment:

 

http://search.ebay.com/search/search.dll?s...;sass=yacobe123

 

 

With the overprint 'SPECIMEN', yet to me they just look like issued notes that someone has stamped 'SPECIMEN' over.

 

The one sold at SPINK yesterday

 

http://www.spink.com/asp/fullCatalogue.asp...8&saletype=

 

had serial

5A00000

25A00000

 

which is as you'd expect, zero serial number, first letter prefix; the ones on ebay have normal serial numbers - the 100 in particular has a three-letter serial, which I believe occurred later, after they'd worked through A-Z and AA-ZZ.

 

Not one of the notes has a zero or special serial (though the 1958, 1968, 1975, 1977, 1982, 1992, notes; i.e. those other than the TDLR notes, have 'X' prefixes, i.e. replacement note).

 

Are they all just faked?

 

I can't see how they have any collector's appeal, as against those with zero serials.

[see323]

The one sold at SPINK yesterday

 

http://www.spink.com/asp/fullCatalogue.asp...8&saletype=

 

had serial

5A00000

25A00000

 

which is as you'd expect, zero serial number, first letter prefix; the ones on ebay have normal serial numbers - the 100 in particular has a three-letter serial, which I believe occurred later, after they'd worked through A-Z and AA-ZZ.

 

Not one of the notes has a zero or special serial (though the 1958, 1968, 1975, 1977, 1982, 1992, notes; i.e. those other than the TDLR notes, have 'X' prefixes, i.e. replacement note).

 

Are they all just faked?

 

I can't see how they have any collector's appeal, as against those with zero serials.

 

From what I understood, the whole purpose of producing specimen notes were to be given to all countries in the world for references. They usually have normal serial number with a specimen word printed across the note. Printer specimen are different as in the case of TDLR oval or sometimes round shape chop. I am not too sure about the other printer such as American Banknotes printer. Printer specimen are kept by printer for their own references. There are also colour trials with printer chop which are kept by printer. I believe these printer specimen were brought by their staff to collectors. Sometimes, it could be the printer company no longer exists or bought over by another printer company.

 

Just look at Cuba specimen. There are so many of them. It is almost like mass production. It is hard to tell whether they are faked ones as there are insufficient information both on mintage and type for these specimen notes including printer specimen. But one thing for sure, there are not as many printer specimen available for sales as compared to those normal specimen notes.

 

Another group of specimen is the collector's specimen. They are specially printed for collectors. I bought four books of Singapore collectors specimen and I make losses even though I bought them at issued prices. After 18 years, when I sold them away, i still make losses. It is a lesson I learnt. I never touches specimen notes again. In any case, most collectors do not collect specimen notes. It is the circulation notes that are the prize ones. Every serial number in the circulation note is accountable and traceable. That is why I focus on circulation notes with solid number. After all, one of the criteria of collecting banknotes is rarity. Mintage is an important factor in determining rarity and scarcity.

 

Some love to keep specimen notes. In my opinion, my advice is to avoid them totally. One fine day, your $10,000 specimen note which you fought very hard during a reputable international auction, may only worth $10. Time is money. You probably have kept it for 20 years. So what happen ? After 20 years, someone quietly channel out 100,000 pieces of similar specimen note to various dealers, auction houses, internet auction. When you realised it, it has already flooded the market. It is now worth $10 and even then nobody want it for their collection. Avoid specimen notes.

[thelawnet]

Some love to keep specimen notes. In my opinion, my advice is to avoid them totally. One fine day, your $10,000 specimen note which you fought very hard during a reputable international auction, may only worth $10. Time is money. You probably have kept it for 20 years. So what happen ? After 20 years, someone quietly channel out 100,000 pieces of similar specimen note to various dealers, auction houses, internet auction. When you realised it, it has already flooded the market. It is now worth $10 and even then nobody want it for their collection. Avoid specimen notes.

 

Yeah I do worry about this.

 

The 1948/1949 essay specimens I bought sold for $400, but at the previous auction they sold for $750, perhaps because nobody had seen them before.

 

Who knows how many more exist?

 

That said, the TDLR numbered specimens as above, are slightly more appealing because they say "SPECIMEN No. 16", and there are clearly a limited number in existence, because they are individually numbered.

[see323]

Yeah I do worry about this.

 

The 1948/1949 essay specimens I bought sold for $400, but at the previous auction they sold for $750, perhaps because nobody had seen them before.

 

Who knows how many more exist?

 

That said, the TDLR numbered specimens as above, are slightly more appealing because they say "SPECIMEN No. 16", and there are clearly a limited number in existence, because they are individually numbered.

 

I have seen and come across these "appealing" individually numbered specimen notes ( quite a few around ). As long as there are no information on their mintage provided to the general public, there is no guarantee and there is no or low demand. Moreover, they are not legal tender. They are merely representation of the circulation note. We do not want to take such risk and end up having a worthless collection. Think

[see323]

Yeah I do worry about this.

 

The 1948/1949 essay specimens I bought sold for $400, but at the previous auction they sold for $750, perhaps because nobody had seen them before.

 

Who knows how many more exist?

 

That said, the TDLR numbered specimens as above, are slightly more appealing because they say "SPECIMEN No. 16", and there are clearly a limited number in existence, because they are individually numbered.

 

I have seen and come across these "appealing" individually numbered specimen notes ( quite a few around ). As long as there is no information on their mintage provided to the general public, there is no guarantee and there is no or low demand. Moreover, they are not legal tender. They are merely representation of the circulation note. We do not want to take such risk and end up having a worthless collection. Think twice.

[Owen Linzmayer]

I'm interested in buying one of the following for my personal collection. Can anyone here help me out?

 

50 ringgit (US$14.95), 2007. 20,000 special sets issued December 26, 2007 for RM60, and at face w/o packaging starting January 30, 2008. Green-blue. Portrait of the first king, Tuanku Abdul Rahman ibni Tuanku Muhammad at right, national flower hibiscus at center, songket weaving patterns in background and edges, signature (Tan Sri Dr. Zeti Akhtar Aziz, GABENOR). Malaysia’s first prime minister, Tunku Abdul Rahman Putra Al-Haj declaring independence, oil palm trees, microbiology technology, and 50th anniversary logo on back (logo will appear only on first 50 million notes). Security features include watermark portrait and 50 as electrotype watermark, fluorescent windowed security thread with repeating BNM RM50 (also as microtext), songket design as registration device, 50 as latent image, holographic stripe with 50 and hibiscus flower. Printer: Gieseke & Devrient (w/o imprint). 145 x 69 mm.