Table of Contents
- 1 How can I sell my old coins and notes in Malaysia?
- 2 How do I find the value of old paper money?
- 3 Are Malaysian coins worth anything?
- 4 How much an old coin is worth?
- 5 How much is 2 ringgit note worth?
- 6 How much is a 1 ringgit coin worth?
- 7 Where can I find rare Malaysian banknotes and coins?
- 8 When did Malaysia start issuing currency notes?
- 9 When did Malaysia stop using old money?
How can I sell my old coins and notes in Malaysia?
Those with rare banknotes and coins can look for buyers easily through community marketplaces on Facebook or even on apps like Carousell. Many people have also put up their rare monies for sale online on sites such as Mudah.my or eBay, or sell them in person at popular flea markets.
How do I find the value of old paper money?
Multiply the weight of the coin by the percentage “fineness” of the coin (the percentage of the coin that is gold or silver). This will establish how much of the precious metal you have to sell. Multiply the result of the first calculation by the current price of the precious metal in the coin.
What is the best place to sell old coins?
Best places to sell coins online
- CoinsForSale.com Only 5\% to sell. No listing fee.
- Heritage Auctions 10\% fee. Consignment program.
- Ebay 12.35\% + $. 030 fee, plus listing fees.
- Apmex Well known. But won’t pay until after you’ve shipped your coins.
- Modern Coin Mart Won’t pay you until after you’ve sent them your coins.
Are Malaysian coins worth anything?
With the coins no longer being used, some of the coins have managed to developed a higher value due to its collectible value. According to a website called Malaysian Coin some of these 1 sen coins are worth from RM2 to as much as RM1,800 depending on year and condition.
How much an old coin is worth?
Small Cents
| Coin Type | Average Circulated | Typical Uncirculated |
|---|---|---|
| Indian Head Cent – 1859-1909 | $0.25 – $10 | $15 – $30 |
| Lincoln Cent – 1909-Present | Face value – $10 | Face value – $50 |
| Lincoln Cent – Steel w/ zinc plating – 1943 | Face value – $0.05 | $1 – $3 |
| Lincoln Cent – Copper – 1943 | $20,000 – $50,000 | $80,000 – $110,000 |
How do I sell coins on coin bazaar?
How to sell old coins on CoinBazaar?
- Provide a daily selling price to CoinBazaar.
- On CoinBazaar, always keep a stock of the displayed products.
- Orders are sent to CoinBazaar on time.
- Provide certified packaging for the coins or products you’re selling.
How much is 2 ringgit note worth?
2 Ringgit Banknote To the right collector, the 2 Ringgit note with the signature of Governor Tan Sri Dato’ Ahmad Bin Mohd Don could be worth a whopping RM4,000. Being one of the most wanted pieces by collectors, it is no wonder it can fetch almost double of a fresh graduate’s salary.
How much is a 1 ringgit coin worth?
Information:
| Krause number | KM# 54 |
|---|---|
| Currency rate | 1 MYR = 0.24 USD |
| Year | 1989-1993 |
| Period | Federation of Malaysia (1967 – 2021) |
| Coin type | Circulation coins |
Where can I find the value of coins?
CoinTrackers.com is an online database that provides both numismatic and intrinsic coin values. In addition we have created some great tools and written many original articles detailing the most important aspects of coin collecting. If you are into coins, or just dropping by we should not be your last stop.
Where can I find rare Malaysian banknotes and coins?
Dickson Niew, a numismatist who owns a shop that specialises in rare coins and banknotes, noted that there are now many Facebook groups and blogs on Malaysian banknotes and coins.
When did Malaysia start issuing currency notes?
Bank Negara Malaysia began issuing currency notes in June 1967. These banknotes were in five denominations: $1, $5, $10, $50 and $100. A $1,000 denomination note was issued on 2 September 1968. Read more
What are the old Malayan notes?
Old Malayan notes remained in circulation alongside new Malaysian banknotes until 16 January 1969, when they were demonetised. Bank Negara Malaysia began issuing currency notes in June 1967. These banknotes were in five denominations: $1, $5, $10, $50 and $100. A $1,000 denomination note was issued on 2 September 1968.
When did Malaysia stop using old money?
Old Malayan notes remained in circulation alongside new Malaysian banknotes until 16 January 1969, when they were demonetised. Bank Negara Malaysia began issuing currency notes in June 1967. These banknotes were in five denominations: $1, $5, $10, $50 and $100.