Merry X-mas to All

My family and I would like to wish everyone out there a Merry X-mas.

Formation of JB Numis Club in Facebook

 

Recently, my friends and I formed a new Facebook group called the JB Numis Club. The group is created to provide numists lovers a new platform that offers a more professional, transparent, ethical and healthy environment for the newbies and the oldies.

 

Numists who are interested to join can search in the Facebook for our club. For Numists lover, the club will be organising its first inaugural online FB auction very soon.

 

Whoever are interested to participate in this online auction are required to apply for registered membership or verified membership in the group. The application form can be downloaded from the group.

 

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?

Buying with the Right Mindset...Then You Wont Get Burnt!

Recently I came across few newbies in Numis family. Apparently they have been into this hobby just for a short while, say about 1 year ++.

However, most of these newbies, in my 2 cents worth opinion, were not really genuine collectors. In fact most of them were purely seasonal collectors, some were purely opportunists hoping to make fast cash.

Myself being a collector 1st, investor last, wish to pose these questions to those newbies.

Question 1:

What is the real intention of buying a particular numist item- For personal collection? For investment? For business purposes?

Question 2:

If you are buying for personal collection, how long are you willing to keep it in your collection? 20 years? 30 years?

Question 3:

If you are buying for investment purpose, have you considered the time frame required as well as the factors that will determine the rate of appreciation of the item?

Question 3

If you are buying for business purposes, are you able to resell easily or will it get your cash flow stuck?

One should be well aware that the route one has chosen will determine the strategies needed to acquire the item. It will also affect one's ability to collect in terms of knowledge and technique required prior to purchasing.

Selamat Hari Raya

To all my friends out there, I would like to wish everyone Selamat Hari Raya. 
Drive safe and be safe. Hope to see you again after the Raya...

Selamat Hari Raya Aidilfitri

To all my muslim friends, Selamat menyambut hari raya aidilfitri. Maaf zahir dan batin. Please be careful on the road if you are driving long journey balik kampung to celebrate with loved ones.

HAPPY CHIINESE NEW YEAR...恭喜发财

新年来咯！

小弟在此恭祝各界人士新年快乐，万事如意，心想事成。

耀龙启。

To all my friends,

Chinese New Year is around the corner. I would like to take this opportunity to wish everyone a Happy Chinese New Year. May the new dragon year be a fruitful year for everyone.

Gong Xi Fa Cai

chuayl76

收藏钱币勿犯三种错误

近年来，钱币收藏已成为大众喜爱的文化享受和一种新的投资手段。作为一个集币新手，如何积累经验、规避风险，稳妥涉足这个领域呢？最重要的是克服新手易犯的三种错误。

　　误将赝品当真品

　　将赝品当真品买进是钱币收藏中最为常见的。比如，目前一张第三套人民币“背绿壹角券”价值约4500元，而古玩市场里所见的“背绿壹角”赝品 (将普通的第三套人民币壹角券的背面在电脑上修改成“背绿壹角”形式)也就只值二十多元，如果集币新手眼力不济，误买赝品的话，不仅损失十分惨重，而且会 使自己的收藏信心遭受严重打击。

　　误将普制品当优质品

　　将普制品当优质品买进，买家的损失同样也会很大。以“龙洋”老银币为例，两枚“龙洋”版式不同，其价格往往有着天壤之别。比如，北洋机器局造 “龙洋”银币，光绪22年北洋机器局造“龙洋”价值高达7万多元，光绪34年北洋机器局造“龙洋”仅为2000余元。对集币新手而言，假如买一枚北洋机器 局造“龙洋”，不看年份，盲目地以高价吃进普通品种，损失自然十分惨重。即便是一些年份和版式完全相同的品种，也有高低和优劣之分，一枚中华民国三年“袁 大头”银元，如果是流通很久、品相很一般的，现市场价也就720多元，但如果是没有流通过表面有一层原光的 “袁大头”，那价格就要比前者高一倍，一枚同样的银元，彼此售价也要相差七八百元之多。

　　盲目跟风、高位套牢

　　至于不看趋势、盲目跟风、高位套牢的现象在钱币市场上更是屡见不鲜。相信大都数集币爱好者至今还记得，在1997年春夏之交钱币市场高潮时，低 档流通纪念币《希望工程》等曾被炒到五六十元的高价，当年追高买进的投资者至今仍深套其中，《希望工程》最新价仅10元左右，还有1996年版一盎司《熊 猫》银币，也曾在1997年币市高潮时达到850元的高位，可以后便逐年下跌，最低时曾跌破100元，这两年虽连续反弹，但最新价也就400余元。可见集 币新手不懂价值取向、盲目跟风炒作热门品种的市场风险是多么高。

Quoted from Sina

Welcome

Hi all numis,

I set up this blog to share my collections of my coins over the years.

I am going to categorise it accordingly to the following:

a) Malaya
b) Malaysia
c) Foreign
d) Silver
e) Proof

and maybe others.

I hope everyone has enjoying collecting as i had.

Cheers

Chua