Malaysia 1971 10cents V2 MS65

Recent auction in Singapore saw this 1971 Malaysia 10 cents V2 auction of at about RM1000(Premium+GST included)

So, what do you think? Does the winner/buyer had gone berserk with this price?

Many claim that this coin is not worth the price...then my question to you all out there "Tell me which one is more deserving? Is it the 50 sen Milled Edge that created so many hoo-hah and returned to Malaysia with extra value???"

Malaysia 1971 10cents V2 MS64

Recent price hike in this 1971 10 cents V2 in auctions both locally and overseas has somehow caused numis fans around the country searching high and low for this piece. 

I consider myself very fortunate to be able to capture few pieces in my collection of Malaysia Rare/Scarce Coins series. More to come in short time.

Just hold onto your seats....

1910B Straits Settlement King Edward VII 10c

Nothing much I can gloat about since this coin is available in tonnes out there with affordable price
 

Is this for real?

 

Last weekend Sunday 29/09/2013 may be another historic day for the MNS. Two coins that were on auction were realised at an unprecedented price.

Before I jump into any conclusion, probably it is better I pose few questions for the coin collectors out there.

Q1. In your opinion, are these two coins really that scarce and rare? 

Q2. In the last Mavin auction held 13th July 2013, a 1969 50 sen security edge, NGC MS62, was hammered together with another Japan coin at SGD340 (not inclusive of 18% premium).  Is this the justification for the sudden increase for the market value of such coin? Or can there be any other reasons?

 Q3. Do you think (in your right mind of course) that these 2 coins are worth the transacted price?  

So, is this for real? Or is this just another speculations? Will there be any innocent victims falling prey if it is just a speculation?