(1967-1988) Noteworthy/Low Mintage Malaysian Coins (1 cent, 5, 10,20,50 cents)With Parliament Logo/Legend

Posted by slang on January 12, 2009

This is a TWO part article on the modern Malaysian coins. This article looks at the Malaysian coins issued during the period of 1967-1988

Family of 1,5,10,20,50 cents & 1 Ringit Malaysia Coins (1967-1988)

Malaysia first issue coins comprising 5 denominations namely 1 cent copper, with the 5,10,20 and 50 cents inCupro nickel.

The features of the first Malaysia coins are as follows:

• On the obverse of the coin featured the Parliament House of Malaysia and a crescent moon and star representing Malaysia’s Concept of Parliamentary Democracy and Islam as the National Religion.
• On the reverse is the hisbuscus,the national flower, with the word ‘MALAYSIA” and the year of mintig.
• These coins were designed by Geoffrey Colley.

For coin collectors who aim for future high coin investment value , the suggestion is to consider buying some of the following low mintage coins at very high grade condition(they are relatively not so expensive due to the “young” age):

For the 1 Cent (1967-1988) family:

• In the 1 cent Malaysia copper coins ( 1967-1973), we have an outstanding 1970 one (1) cent mintage of 2.535 million coins which is the lowest in this family hence fetching very much higher value than the others from 1967-1973. Latest 2008 price catologue showed a unc 1970 coin fetch # Ringgit $50 or # USD15 and BU #Ringgit 80 or #USD 23
• Next, in the 1 cent Malaysia Copper-Clad Steel ( 1973-1988), we have those 1973 to 1988 with many millions rendering it very inexpensive to buy such coins. [ Note that there is this 1 cent 1976 BRONZE coin instead of the usual copper clad type]

For the 5 cents (1967-1988) family of coins:-

• Like the 1 cent which per date has millions of units being struck, the 5 cents is similar as the mintage are also very high with 20 millions or more per date.

For the 10 cents(1967-1988) family of coins:

• In the 10 cent Malaysia Copper Nickel, we have a very low mintage of the 1971 10 cent, mintage of 32,236 (refer earlier article on this) and the rest from 1967 to 1988 again have millions of mintage of coins per date

For the 20 cents(1967-1988) family of coins:

• For the 20 cent copper nickel series (1967-1988), the 1970 has only a mintage of 1.05 m but surprisingly not fetching good value for it

For the 50 cents (1967-1988) family of coins:

• However for the 50 cent copper nickel(1967-1988), we have the 1969 which has a mintage of 2 million which for unc condition able to fetch Ringgit 250 or USD 70 and BU condition of Ringgit 450 or USD120.
• Another point to note about the 50 cents, is for the year 1967 to 1969, we can find milled edge instead of the usual security edge type. Those will milled edge will cost hundreds of time more than the usual security edge.

Lastly, for the One(1) Ringgit Copper Nickel Parliament Coins please click to earlier article written.

As some of the aforesaid coins are still being circulated around, with alertness and knowledge, perhaps we are lucky to obtain them. Anyway, good luck in your hunting!

One Cent 1976 Bronze Coin Instead of Copper Clad Steel

Posted by slang on October 1, 2008

One Cent 1976 Bronze Coin Instead of Copper Clad Steel

Below is a Malaysian 1 cent coin dated 1976(KM.1) BRONZE with carbon spots, choice uncirculated.

If you are one of the few to avail this BRONZE coin, you might get a good value for it. Recently, n the July 08, Mavin International’s auction , this coin fetched a price of USD 160 BEFORE GST & 15% Buyer premium. (auction price range from USD 150-200.

So what is so special of 30+ years old coin? The pecularity is that this 1 cent coin is produced from BRONZE material instead of the usual COPPER-clad steel type. For the normal copper-clad steel type, the mintage is #27.4 million. However, for the Bronze type, only 100 coins have been minted.

Malaysian Coin-Ten Cents /10 Cent 1971 Copper-Nickel

Posted by slang on September 30, 2008

Interestingly, this not so old Malaysian coin which is dated 1971 compared to all its other 10 cents from 1967 to 1988 is quite a good coin to collect.[Weight:2.82 gm Diameter:19.4mm]

Reason being this coin has relatively lower mintage of 32,236 compared to others ten cents coins like:1967-mintage of 106.8 million; 1968-128.3m; 1973-214.8m; 1976-148.8m; 1977-52.7m; 1978;21.2m; 1979-50.6m; 1980-51.8m; 1981-236.6m; 1982-145.6m; 1983-30.8m & 1988-17.9m

Basing on the 2008 Malaysian catalogue, this 1971 ten sen Malaysian coin fetch  approximate going price for UNC grade of #Rm200 and for BU(brilliance uncirculated) #Rm400