A lot of Malaysians were not aware the value of Malaysian coins until recently when news that certain 50 sen coins fetched tens of thousands of Ringgit. Among them include a 10 sen coin produced in 1971 that went to thousands.
Did you know that the most expensive Malaysian coin was sold recently which came from the 50 sen coin? That which makes this so interesting is that you use this coin each day but was unaware of its value. Most of the coins were auctioned and sold off by CAA (Collectibles Auction Asia) based in Singapore which was formerly known as the NSA (Numismatic Society Asia). Here is the list of Malaysian coins that fetched the highest prices.
50 sen 1967 Milled Edge NGC MS65 – Auctioned off for RM7600, it is in 5 most expensive coins. The 1967 Milled Edge coin was graded at MS65 by the Numismatic Guaranty Corporation in the United States and was second in terms of quality for this series. The best one is owned by Trigometric Sdn Bhd which is graded as NGC MS66.
50 sen 1969 Milled Edge NGC AU55 – The fourth highest price paid for Malaysian coin was auctioned in October 2013 at RM10,253. This Milled Edge coin was sold by the NSA in Singapore’s Landmark Village Hotel.
50 sen 1968 Milled Edge NGC MS66 – At the third position is this Milled Edge 50 sen coin which was auctioned in April 2014 for RM19,942 and has the best grade of this series in the Numismatic Guaranty Corporation’s record.
1 sen 1970 Copper Clad Steel NGC MS63 RB – Hard to believe but the second highest price paid for a Malaysian coin was not for a 50 sen but a 1 sen instead. The price it fetched was at RM46,769 during the Collectibles Auction Asia in October 2014. On record, only 4 pieces of this is around.
50 sen 1969 Milled Edge NGC MS65 – At RM81,846, this is the highest price a Malaysian coin has ever fetched. NGC graded it MS65 which is the best grade you can find in this series.
Photos courtesy of detikbuletin.blogspot.com.au