Monday, April 23, 2018

Australia new effigy of Queen Elizabeth II announced

Yesterday, Australian Government announced the exciting news that in 2019 Australia will adopt a new effigy of Her Majesty Queen Elizabeth II, designed by Jody Clark, on all circulating and collector coins.

Queen Elizabeth II

The new effigy of The Queen will be only the sixth to feature on Australia’s coins since Her Majesty’s accession to the throne in 1952.

The effigy was designed by Jody Clark, an engraver for the United Kingdom’s Royal Mint. Jody Clark’s original effigy was chosen through a competition commissioned by the United Kingdom’s Royal Mint Advisory Committee and has been in use in the United Kingdom since 2015.

The effigy to feature on Australian coins is an adaptation of Jody Clark’s original drawings. Her Majesty is portrayed wearing the Royal Diamond Diadem, which was worn for The Coronation. In keeping with tradition, Her Majesty continues to face to the right of the coin.

Assistant Minister to the Treasurer, the Hon Michael Sukkar MP, welcomed the change: “The Government is upholding the tradition of periodically updating Her Majesty’s image on Australia’s coins. This new effigy will replace the Ian Rank-Broadley effigy which has been in use since 1998.”

Australians can expect to start seeing the new effigy on 2019-dated coins.

It may take some time before these coins appear in people's change as the new coins will be distributed through banks across Australia as a first priority.

Coins bearing previous effigies of Her Majesty will not be removed from circulation and will continue to be legal tender.
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PMG Special Labels for Malaysian Notes

Paper Money Guaranty (PMG) is offering a special label for 60th Anniversary of Independence and Trigo Kuala Lumpur International Money Show until December 31, 2018. According to PMG, 21 special labels offered by PMG so far and many of the labels have already ceased.

PMG Special Label

PMG has created a variety of attractive certification labels to enhance the presentation of PMG-graded notes. Many of these special labels are available for all PMG submitters, while others are made available through select retailers.

rm600

Malaysia 1st special label is for the commemorative notes issued by Bank Negara Malaysia to celebrate 60 years since the signing of the Independence Agreement. The special PMG label pays tribute to Malaysia's self-determination by showing the crescent moon and 14-point star from the Malaysian flag, elements that are also present on the note's front.

Show Ticket

Malaysia 2nd special label is for 2nd Trigo Kuala Lumpur International Money Show Ticket which have a value of 15 Ringgits and feature a striking image of a peacock. Made on banknote paper, they have multiple security features, such as design elements that can only been seen under ultraviolet light. The special label show their peacock theme.

For information and submission, you can contact Trigometric Sdn Bhd, an Official Submission Center for NGC, NCS and PMG in Malaysia.
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Sunday, April 15, 2018

Fake Money Lending Licence with BNM logo

Some fraudsters are using Fake Money Lending Licence with Bank Negara Malaysia (BNM) logo to make people believe that they are licensed money lenders. For your information, BNM does not issue money lending licences.

Money lending business is governed under the Moneylenders Act 1951 and administered by the Ministry of Urban Wellbeing, Housing and Local Government.

Money Lending

According to BNM statement, these fraudsters aim to deceive the public to believe that they are licensed money lenders and to lure the public to make initial payments for various purposes related to the loan such as administrative expenses, stamp duty and legal fees.

These fraudulent activities are promoted through the website, social media, telephone calls, SMS, emails or other forms of communication.

Bank Negara Malaysia also would like to urge all victims of the above financial scam to lodge a report with the Royal Malaysian Police to facilitate investigations.

Members of the public are reminded to be vigilant of any person or parties who claim to be licensed by Bank Negara Malaysia. They are advised to refer to the list of institutions that are licensed or approved under the laws administered by Bank Negara Malaysia before entering into any business or investment transactions.

The list of institutions can be found at http://www.bnm.gov.my

Members of the public can also contact or visit:

BNMTELELINK (Customer Contact Centre)
Tel: 1-300-88-5465
Fax: (03)2174 1515
Email: bnmtelelink@bnm.gov.my

To submit enquiries or complaints, type 15888
BNM TANYA [your enquiry/complaint]

BNMLINK (Walk-in Customer Service Centre)
Block D, Bank Negara Malaysia
Jalan Dato' Onn
50480 Kuala Lumpur
(Business hours: Monday - Friday, 9:00 am - 5:00 pm)

Or visit BNMLINK branches in Bank Negara Malaysia Johor Bahru, Penang, Kuala Terengganu, Kota Kinabalu and Kuching.
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Thursday, April 12, 2018

$10 Straits Settlements note sold RM496,156

A very rare $10 Government of the Straits Settlements, bearing one of the scarcer dates 1 January 1931 signed by Luis Shelley with serial number A/1 00001 sold for £90,000 (RM496,156) in pink World and British Banknotes Auction on April 11.

Straits Settlements

The first $10 banknote to be issued for Straits Settlements sold nearly three times higher than estimates value of £35,000. A most important banknote and the first portrait $10 with portrait of George V for the Straits Settlements.

banknote letter cecil

The banknote is accompanied by a letter titled MEMORANDUM from the CHAIRMAN AND MANAGING DIRECTOR of the banknote printer, Bradbury Wilkinson and is addressed to "Dear Cecil, I am sending you herewith $10 note, No. A/1 000001, first issued of this value. I thought you might like to have it as a personal memento of your great victory.”

The Governor of the Straits Settlements at the date of this letter, '14th April 1932' was Sir Cecil Clementi and this without doubt is the 'Dear Cecil' referred to in the letter.

Sir Cecil Clementi Smith was the governor and commander-in-chief of the Straits Settlements, and the high commissioner for the Federated Malay States from 1929 to 1934. Clementi resigned as Governor on 18 October 1934 on grounds of ill health, while on leave in England.
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Wednesday, April 11, 2018

1836 Classic Head Quarter Eagle in CSNS Auctions

A rare proof specimen of the 1836 Classic Head Quarter Eagle and an extraordinary 1915-S Panama-Pacific Round Fifty Dollar Gold Piece are among the rarities highlighting Heritage Auctions' seven sessions as the official auctioneer of the Central States Numismatic Society Convention, April 25-28 in Schaumburg, Illinois.

Quarter Eagle

"An estimated seven examples of the 1836 Classic Head quarter eagle are presumed to exist in various grades," said Greg Rohan, President of Heritage Auctions. "The proof offered in our Platinum Night Auction claims the most illustrious pedigree of any other known specimens, with ownership tied to famous numismatists Lorin G. Parmelee, John Mills, William H. Woodin and Louis Eliasberg, Sr., among others."

The Central States auctions include a plethora of early copper, early type, gold, patterns and silver rarities, with an emphasis on rare proof and branch mint gold and patterns. Heritage's Platinum Night session, featuring the finest numismatic material, is April 26, with live bidding at the convention and online at HA.com/coins.

The highly anticipated 1915-S Panama-Pacific Round Fifty Dollar Gold Piece, MS66 PCGS Secure. CAC., presents collectors one of the U.S. Mint's most sought-after classic commemoratives and the first PCGS-graded Premium Gem to appear at Heritage.

A newly discovered 1856-O Liberty Double Eagle, PCGS Genuine. XF Details, considered by some to be the rarest gold coin struck at the New Orleans Mint, makes its auction debut at Central States. The discovery is a history-making opportunity for advanced collectors to obtain a particularly special 1856-O, a coin already listed among the 100 Greatest U.S. Coins.

A classic rarity in the American gold series, an 1883 Liberty Double Eagle, PR64 Deep Cameo is one of 26 examples certified from the small proof-only mintage of 92 pieces. The PR64 Deep Cameo on offer marks its first auction appearance in 55 years.

The convention auctions also include several standout lots from first-time consignors as well as unusual discoveries, such as a 48-piece grading set for 1879-CC Morgan dollars (has one each of both the "Perfect" CC mintmark as well as the "Capped Die" CC mintmark) — a tremendously challenging set to assemble yet offered as a single lot.

The auctions feature nine named private collections, highlighted by the Collection of William Rau. A collector since the 1950s, Rau's research into U.S. pattern coins recently earned recognition by the American Numismatic Association. On offer are more than 250 lots from his collection, including standout finds, such as an 1867 Quarter Eagle, PR65 Red, PCGS, struck in copper, and an 1870 Standard Silver Half Dollar, PR65 PCGS, struck in aluminum. Other important patterns include unique coins such as a Judd-1598A 1879 Washlady Half Dollar, Unique, AU Details, Net PR40, a Judd-428A 1865 Quarter Dollar, NGC Details, Proof, struck from Michigan ore, and a Judd-1274 1867 Five Cent Muling in nickel, PR45.

Among branch mint gold rarities on offer are an 1861-D Liberty Five, AU55, NGC, and an 1854-S Quarter Eagle, VF35 PCGS. The latter coin is one of 12 known surviving 1854-S quarter eagles of the 246 examples struck with this date. The coin's pedigree includes the Davis-Graves and Norweb Collections.
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