Tuesday 18 June 2013

Most Expensive Malaysian Banknotes


Bank Negara Malaysia, presentation album of the first Malaysian Banknotes
Today Spink’s World Banknotes auction featured numerous rarities which realized unbelievable prices. Without a shadow of a doubt, the highlight of the sale was a collection of the first ever Malaysian banknotes. The lot was purchased for an amazing £115,100, four times the original estimate, which broke Spink’s previously held record for the most expensive Asian Banknotes sold ever at auction.

The banknotes were a gift presented by Ismail Mohd Ali, on behalf of the Board of Governors of Bank Negara Malaysia, to the (fourth) King of Malaysia, Tuanku Ismail Nasiruddin Shah. They are preserved in a blue leather presentation album with the title Bank Negara Malaysia and arms in gold on the front cover. The folder contains the following: 1 ringgit, blue and multicoloured, 5 ringgit, green and multicoloured, 10 ringgit, blue and multicoloured, 50 ringgit, blue and multicoloured and 100 ringgit, purple and multicoloured, all ND (1967), serial number A/1 000001, all with portrait of Yang Di- Pertuan Agong, TuAnku Abdul Rahman, first King of Malaysia, at right, all are signed by Ismail Mohd Ali, value at centre and at each corner, all notes are mounted in card with gold border (Tan M 27, 28, 29, 30, 31). There is also a second presentation album containing 1000 ringgit, ND (1968), serial number A/1 000001, purple and multicoloured, portrait of Yang Di- Pertuan Agong, TuAnku Abdul Rahman, first king of Malaysia at right, signed by Ismail Mohd- Ali, value at centre and each corner, mounted in card with gold trim (Tan M 32).

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