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7th Auction of Malaysian Banknotes @ 10th March, Sasana Kijang.

Message from MNP Auctioneers (Central) Sdn Bhd.
We would like to invite you to mark an important date in your smartphone now. This is for the 7th Auction of Malaysian banknotes on 10th March 2018 (Saturday) in Sasana Kijang, Bank Negara Malaysia in KL.  Yes, the most anticipated banknote auction in Malaysia is back. We hope to see you over there, whether it’s just to witness and learn from the many serious collectors or to try and bid for one and only exclusive banknotes. This is not all. There is also an Issuance of Commemorative Banknotes in conjunction with 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement. If you want to have a closer look of all the available banknotes on auction, please download the e-Booklet here. 
Notes from Bank Negara Malaysia:
Bank Negara Malaysia is issuing commemorative banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement. These commemorative banknotes were launched by His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV Sultan Muhammad V at the Museum and Art Gallery, Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur.
These banknotes commemorate the 60th Anniversary of the Federation of Malaya Independence Agreement signing in the year 1957. The commemorative banknotes honour the Council (later called Conference) of Rulers’ contribution towards the realisation of the Nation’s independence on 31 August 1957. The Agreement dated 5 August 1957 proclaiming the Yang di-Pertuan Agong as the Supreme Head of the Federation was signed by the Malay Council of Rulers from Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Perlis, Selangor and Terengganu with Sir Donald MacGillivray, the High Commissioner of the Federation of Malaya who represented Queen Elizabeth II. The Agreement became a historical constitutional evidence for the independence of the Federation of Malaya.
The specifications of the commemorative banknotes are as follows:

  1. Single RM600 Banknote
    This large-sized banknote has a face value of RM600 and will be sold at RM1,700 a piece.  The printed quantity is 6,000 pieces.
  2. Uncut 3-in-1 RM60 Banknote
    This uncut banknote has a face value of RM180 and will be sold at RM500 a piece. The printed quantity is 6,000 pieces.
  3. Single RM60 Banknote
    This single banknote has a face value of RM60 and will be sold at RM120 a piece. The printed quantity is 60,000 pieces.
    Note: Prices stated above are inclusive of GST.

Source: Bank Negara Malaysia

Source: Bank Negara Malaysia

To have a closer look, do download the official booklet here. The hardcopy official one should be available before end of February 2018. To register for the Auction, this is the website to go to: www.best2BID.com In the mean time, Happy Chinese New Year and Happy Holidays to everyone. 2018 will be another awesome year for all of us.
— end of message —
Next suggested article: Banknotes as an investment is real. Get to know about it, really
A cool video of what happened during one of the auctions in Sasana Kijang, Bank Negara Malaysia:

 

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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