Tuesday, November 16, 2010

Malaysia Circulation Proof Coins Set (Hibiscus Series)

Type: Malaysia Circulation Proof Coins Set (Hibiscus Series)
Year of Issue: 1992
Material: 92.5% Silver
Minted by: Royal Mint Malaysia
Condition: Proof in original case
Mintage: 5000 sets

Technical Information:

$1 9.30gm of 92.5% Silver
50 sen 9.33gm of 92.5% Silver
20 sen 5.65gm of 92.5% Silver
10 sen 2.83gm of 92.5% Silver
5 sen 1.41gm of 92.5% Silver
1 sen 1.74gm of 92.5% Silver

This series of coins are not alike to our daily circulation coins, it are proof coins. Proof coinage means special early samples of a coin issue, historically made for checking the dies and for archival purposes, but nowadays often struck specially for coin collectors (numismatists). At the year of 1992, Bank Negara Malaysia was only issued this series of proof coinages to their staffs and NOT AVAILABLE for public collection. Since the issuing of circulation $1 and 1 sen coins were terminated few years ago, thus the collectible value of this series of proof coinages are unpredictable at future as it was only limited issuing compared to other countries.

No comments:

Post a Comment