

My updated information on collection I have for the upcoming independent research project - CIRCULATED SILVER & GOLD COINS IN THE NORTHERN MALAY STATES CIRCA 1600 UNTIL 1957.


Terengganu Pitis/Keping






This is the normal RM1 which can be easily found circulated in the market. Signed by Gabenor Bank Negara, Tan Sri Dato' Seri Dr Zeti Akhtar Aziz.
This one is claimed to be unissued, but somehow the Central Bank's mistake to release it into the circulation. I can't be quite sure about this and still looking for valid confirmation. This piece was signed by Tan Sri Ali Abul Hassan.
Ok, this is one piece somebody's trying to sell on the eBay. Look at the price, and mind you the quality of the note is not more than Very Good (VG-grade).
Bank Negara Malaysia is reintroducing the new RM1 note, the sixth denomination issued in the new design Malaysian currency notes series (3rd series). The new RM1 bears the signature of the present Governor, Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz, who assumed office on 1 May 2000. The new RM1 note printed earlier bears the signature of the Immediate Past Governor Tan Sri Dato' Seri Ali Abul Hassan bin Sulaiman. The new RM 1 note will incorporate the latest security features to deter counterfeiting.
The theme of the new series, "Wawasan 2020" reflects Malaysia's economic development and accomplishment towards achieving the status of a fully developed country. The main focus reflected in the background motif is the tourism sector. This is depicted with an illustration of a Malaysian kite, the beach, Mount Kinabalu and the pinnacles of Gunung Api located in Mulu National Park. This motif also reflects some off the popular tourist destinations in the country. As with the other denominations of the same series, the new RM1 note will also bear RM as the currency symbol for the Malaysian Ringgit.
The one signed by Tan Sri Ali Abul Hassan only has the prefix started by CR. The market price would be around RM750 for uncirculated, while circulated (in the conditions of good to very good) can take the price around RM300 to RM450.
So, the next time you receive RM1, do check the signature! Who knows you might have chance to make some profit of 350% from the face value.
The one I bought cost me RM350.00
Just for knowledge sharing.
RM500 Malaysian Banknotes, which is now is not legal tender, but still valid for exchange at Bank Negara Malaysia for legal tender cash. According to statement from BNM's website, annoucement of the demonetisation of RM500 was made on 12 September 1998, and ceased to be legal tender effective from 1 July 1999. Total printed and circulated to market was 1,989,479 pieces. At time of announcement, BNM expecting that there were less than 200,000 pieces of combined RM500 and RM1000 in the circulation.
According to Banking Info FAQs, the note has been taken out from circulation and withdrawn it legal tender status was to complement the exchange control measures introduced in 1998.
From Standard Catalogue of Malaysia, Singapore and Brunei, 17th Edition (International Stamp & Coin):
1987 (No date) New series. The design generally similar to M57, but improved & additional security features. Vertical serial number printed in red, metallic silver feature, intermittent "stardust" security thread etc. Signed by the Bank's Governer Dato' Jaffar Hussein. Engraved and printed by Thomas De La Rue & Co Ltd. Multicolored.
M65 - 500 Ringgit; red, brown & yellow (155x83mm)
This type of banknote (and signed by earlier Governor) was issued back from 1982. The obverse features the portrait of the first Seri Paduka Baginda Yang di-Pertuan Agong with some traditional carving, while the reverse features the Sultan Abdul Samad Building located at Independence Square in Kuala Lumpur.
Note: This information is for sharing, and I will not add into my research book. Hence answering the wonder of why I post it here. Just so that young generation knows the existence of this piece. To date, this one chip me a huge sum of money. By far, it was the most I had ever spent for this hobby.
Shahirasul, USM (2008-07-07)
References:
1. BNM Press Statement
Status of Demonetised RM500 and RM1,000 Currency Notes
http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1537
2. Banking Info - FAQs
FAQs on The Malaysian Currency
http://www.bankinginfo.com.my/04_help_and_advice/0407_faqs/faq_malaysian_currency.php?intPrefLangID=1&
RM5 Uncut Banknotes - New Series
RM5 Uncut Banknotes - Old Series