1907-1909 STRAITS TRIAL SILVER PATTERN DOLLAR COIN

Straits Settlement (1907-09) Trial Silver Pattern Dollar Coin.
Rarity: Unique
Pattern coins were made as test coins during their developmental stages. They might represent the birth of a new issue, or an experiment with a new alloy.They usually are the coins never produced for use in commerce.

Pattern coins can be categorized as:
True Patterns: are used to test a design with the intention of using the coin for circulation.

Experimental Pieces: are usually variations of a coin, i.e. planchet thickness or diameter, shape or composition, etc.
Regular Die Trial Pieces: are regular issue coins struck in a metal other than used in their circulating variety. They are used for press setup or trying a new way to strike the coin. They are also used as inexpensive samples for study.

There have been many metals used in pattern coins. Some of them are: copper, copper-nickel, aluminum, brass, bronze, gold, nickel, lead, pewter, tin, steel, zinc and silver.

The trial pattern can be struck on both sides of the coin, or on just one side.
If it is struck on just one side, it is known as a “splasher”. Pattern coins are beautiful, rare and historically significant. They are real bargains when you consider their actual rarity. Pattern coins are an important part of the coin development process, and are rarer than any regular issue coin.

I was very lucky to be given the chance by Mr. AG to share with you about this very scarce Straits Settlement pattern dollar coin. It is a Uniface Silver Pattern or Die Trial for the Obverse of the Dollar. An Undated (1907-1909) Straits Settlement Silver Dollar with a diameter measured at 34mm.
This very scarce (the only piece known) Straits Settlement Undated (1907-1909),Uniface Trial Silver Pattern Dollar was auctioned at Balwin's London International Auction few years ago with a realized price of 3,220 pound (about RM16,000) as raw coin. Today, it worth many folds!

MAJOR DIE BREAK ERROR-THE "CUD"

Malaysia Bunga Raya Series Coins 2005 VS 2009 10 Coins With "CUD" Error.
Rarity:RRR
Reverse
Obverse
A "Cud" Error on a Coin
Error coins sometimes show a raised, unstruck area resulting from a break in the die, which is known as a "cud" mark and it touches the rim.
A cud is a damaged area resembling a blob on the surface of a coin which is raised above the field, and which obliterates the device or inscription where it appears. Cuds are the result of die cracks which have become severe, or from die chips where part of the die surface has become damaged and broken away.
Some collectors in the error-variety hobby insist that for the blob to be called a "cud", the damaged part of the die must include part of the edge of the die. Although this is the purist definition, in common parlance you'll see the term "cud" used to describe the blob created by any die chip or serious die crack, regardless of its placement on the die or coin.
Very small cuds are not usually valuable unless they appear on Proof coins. Cuds which can be seen by the naked eye are usually worth a small premium over normal value.

However a major die break with a big "CUD" can command a good premium. I have came across more than 10 pieces of Malaysia Bunga Raya Series 2005 10 sen with a similar major "CUD" at 7 to 10 o'clock position on the reverse. It is a very good specimen of a "CUD" error coin.The cud on the Bunga Raya 10 cents 2005 coin  in our picture is quite spectacular. If you look closely, you can see the effects of the die break on the obverse (front side) of the coin.
Read more: http://dniewcollectors.blogspot.com/2011/10/major-die-break-or-cud-errors.html#ixzz3TKtEyeCo

STAMP & CURRENCY FAIR AND EXHIBITION 2015 AT DANGA CITY MALL JOHOR BAHRU

Johor Bahru Danga City Mall Stamp & Currency Fair And Exhibition 7th - 8th March 2015

All are welcome!!

MULTIPLE ERRORS COIN

Queen Elizabeth II 1961H 10 Cents Coin With Multiple Errors
Rarity:RRR
Obverse
When Dickson Niew Collection Shop at Subang Jaya was resumed business after the Chinese New Year Holidays, my shop was visited by many visitors daily.
Reverse
I was lucky yesterday when I was offered a piece of Queen Elizabeth II 1961H 10 Cents Coin With Multiple Errors. Although it was not an uncirculated coin in condition but it was a very interesting coin with various errors. 
Among the errors found on this coin are:
1) Curve Clip Error at 2 to 4 o'clock position (Obverse).
2) Rim Clip Error at 5 to 6 o'clock position (Obverse).
3) Blakesley Effect at 8 to 10 o'clock position. (Obverse) and
4) Blakesley Effect at 11 to 12 o'clock position (Obverse).
The the term "Curve Clip" is actually a popular misnomer that error collectors tend to accept in describing a general class of planchet error that originates with a blank that was produced with an incomplete area of metal at its edge. The error occurs when a blank is punched from out of an area of strip that overlaps a hole (or holes) from where a blank was previously punched out.
Clipped planchets occur when a thin strip of coining metal is fed into a machine for blanks to be punched out. Sometimes the strip of metal will not be properly fed into the punch, which causes a blank to be punched out that overlaps the spot where an earlier blank was punched out.


The incomplete planchets are called “rim clips” because they are so small that only the rim is affected. Often the rim is fully upset and the resultant coin shows very little missing metal. Clad planchets show a reversal of the clad layer on the edge. Technically, the term “disc clip” is reserved for clad coinage and the term “rim clip” is used for non-clad coinage. In practical usage they are synonyms.

The Blakesley effect is named for the American numismatist who first described it.
The Blakesley effect occurs on most genuine clipped planchet error coins and is characterised by weakness in the rim opposite the clipped end of the coin. The Blakesley Effect is a term used to describe inefficient metal flow, opposite a clip on a coin ( "opposite a clip on a coin" it means the effect will be more or less CW/CCW180 degrees around the rim) from the clipped area., when the rim is formed and the subsequent imperfect or incomplete rim formed at that position after striking.

To tell whether or not your coin exhibits the Blakesley effect, simply check the rim of the coin directly opposite the clip. If it appears the details are lacking in that area and the rim appears flat, then it is more than likely that you have a genuine clipped planchet error.

Read more: http://dniewcollectors.blogspot.com/2012/04/blakesley-effect-on-clip-error-coins.html#ixzz3SlWZyC5A

BANKNOTES GRADING STANDARDS

 Banknotes Grading Standards
Almost everyday, I was asked by my BlogSpot, facebook and my Dickson Niew Collection shop visitors how to determine the value of a banknote that they showed to me.

If you are going to be a coins and banknotes collector or freelance dealer, I suggest to you:
Firstly, go to buy a catalog and read through the topics on banknotes and coin grading standards, is an essential and important homework that you need to do. Secondly, go to visit your most trusted dealers (good to have more then one) ask and learn from them (please ask politely with relevant questions) Thirdly, try to grade your own self and ask for second opinion from someone with good grading knowledge.

You may also visit internet and search for articles on banknotes and coins grading standards. I hereby would like to share some good information on banknotes grading standards provided by International Bank Note Society (IBNS).

Grading is the most controversial component of paper money collecting today. Small differences in grade can mean significant differences in value. The process of grading is so subjective and dependant on external influences such as lighting, that even a very experienced individual may well grade the same note differently on separate occasions.

To facilitate communication between sellers and buyers, it is essential that grading terms and their meanings be standardized and as widely used as possible. This standardization should reflect common usage as much as practicable. One difficulty with grading is that even the actual grades themselves are not used every place and by everyone. For example, in Europe the grade “About Uncirculated” (AU) is not in general use, yet in North America it is widespread. The European term “GoodVF” may roughly correspond to what individuals in North America would call “EF”

The grades and definitions as set forth below cannot reconcile all the various systems and grading terminology variants. Rather, the attempt is made here to try and diminish the controversy with some common sense grades and definitions that aim to give more precise meaning to the grading language of paper money.

How to look at a Bank note
In order to ascertain the grade of a note, it is essential to examine it out of a holder and under a good light. Move the note around so that the light bounces off at different angles. Try holding it up obliquely so that the note is almost even with your eye as you look up at the light. Hard-to-see folds or slight creases will show up under such examination. Some individuals also lightly feel along the surface of the note to detect creasing.

Cleaning, Washing, Pressing of Bank notes

1.Cleaning, washing or pressing paper money is generally harmful and reduces both the grade and the value of a note. At the very least, a washed or pressed note may lose its original sheen and its surface may become lifeless and dull. The defects a note had, such as folds and creases, may not necessarily be completely eliminated and their telltale marks can be detected under a good light. Carelessly washed notes may have white streaks where the folds or creases were (or still are).

2.Processing of a note which started out as Extremely Fine will automatically reduce it at least one full grade.

Glue, tape, or pencil marks may sometimes be successfully removed. While such removal will have a cleaned surface, it will improve the overall appearance of the note without concealing any of its defects. Under such circumstances, the grade of the note may also be improved.

The words “pinholes”, “staple holes”, “trimmed”, “writing on face”, “tape marks”, etc. should always be added to the description of a note. It is realized that certain countries routinely staple their notes together in groups before issue. In such cases, the description can include a comment such as “usual staple holes” or something similar. After all, not everyone knows that such-and-such a note cannot be found otherwise.

The major point of this section is that one cannot lower the overall grade of a note with defects simply because of the defects. The price will reflect the lowered worth of a defective note, but the description must always include the specific defects.

The Term “Uncirculated”
The word “Uncirculated”: is used in this grading guide only as a qualitative measurement of the appearance of a note. It has nothing at all to do with whether or not an issuer has actually released the note to circulation. Thus the term “About Uncirculated” is justified and acceptable because so many notes that have never seen hand-to-hand use have been mishandled so that they are available in, at best, AU condition. Either a note is uncirculated in condition or it not; there can be no degree of uncirculated.  Highlights or defects in color, centering and the like may be included in the description but the fact that a note is or is not in uncirculated condition should not be a disputable point

Grading Guide - Definition of Terms
UNCIRCULATED (UNC):
A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public or a collector. Paper is clean and firm, without discoloration. Corners are sharp and square, without any evidence of rounding. (Rounded corners are often telltale sign of a cleaned or “doctored” note.) An uncirculated note will have its original natural sheen.
NOTE: Some note issues are most often available with slight evidence of counting folds (creases). Also, French-printed notes usually have a sight ripple in the paper. Many collectors and dealers often refer to such a note as AU-UNC.

ABOUT UNCIRCULATED (aUNC or AU):
A virtually perfect note, with some minor handling. May show evidence of bank counting folds at a corner or one light fold through the center, but not both. An AU note cannot be creased, a crease being a hard fold which has usually “broken” the surface of a note. Paper is clean and bright with original sheen. Corners are not rounded.
NOTE: Europeans will refer to an About Uncirculated or AU note as “EF-UNC” or as just “EF”. The extremely fine note described below will often be referred to as “GVF” or “Good Very Fine”.

EXTREMELY FINE (EF or XF): A very attractive note, with light handling. May have a maximum of three light folds or one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of rounding. There may also be the slightest sign of wear where a fold meets the edge.

VERY FINE (VF): An attractive note, but with more evidence of handling and wear. May have a number of folds both vertically and horizontally. Paper may have minimal dirt, or possible color smudging. Paper itself is still relatively crisp and not floppy. There are no tears into the border area, although the edges do show slight wear. Corners also show wear but not full rounding.

FINE (F): A note which shows considerable circulation with many folds, creases and wrinkling. Paper is not excessively dirty, but may have some softness. Edges may show much handling with minor tears in the border area. Tears may not extend into the design. There will be no center hole because of folding. Colors are clear but not bright. A staple hole or two would not be considered unusual wear in a Fine note. Overall appearance is still on the desirable side.

VERY GOOD (VG): A well used note, abused but still intact. Corners may have much wear and rounding, tiny nicks, tears may extend into the design, some discoloration may be present, staining may have occurred, and a small hole may be seen at center from excessive folding. Staple and pinholes are usually present, and the note itself is quite limp but NO pieces of the note can be missing. A note in VG condition may still have an overall not unattractive appearance.

GOOD (G): A well worn and heavily used note. Normal damage from prolonged circulation will include strong multiple folds and creases, stains, pinholes, and/or staple holes, dirt, discoloration, edge tears, center hole, rounded corners and an overall unattractive appearance. No large pieces of the note may be missing. Graffiti is commonly seen on notes in Good condition.

FAIR: A totally limp, dirty and very well used note. Larger pieces may be half torn off or missing, beside the defects mentioned under the Good category. Tears will be larger, obscured portions of the note will be bigger.

POOR (PR): A “rag” with severe damage because of wear, staining, pieces missing, graffiti, larger holes. May have tape holding pieces of the note together. Trimming may have taken place to remove rough edges. A Poor note is desirable only as a ”filler” or when such note is the only one known of that particular issue.
Source:(http://www.theibns.org/joomla/index.php?option=com_content&view=article&id=4&Itemid=25)

DICKSON NIEW WISHING YOU "XIN NIAN KUAI LE" 新年快乐

Happy Chinese New Year. 新年快乐 (Xīnnián kuàilè). 恭喜发财  (Gōngxǐ fācái). 2015

2015 — A Goat Year
Chinese New Year 2015 will be the year of the goat.
Dickson Niew Collection and family will like to wish you and your family in this 2015 Chinese New Year:

Μay Good Luck Αnd Prosperity follow yοu wherever you gο!
More Fun, Jοy, Happiness, Ρeace, Lοve, Luck  will cοme near to You and Your Love One!
With my special WISHES,  may yοu have abundance  of  Ηappiness, that will attract all the GOOD LUCK !
Τhis year, Ι am putting my first Wish to you, by WISHING  YOU Α Very Happy 2015 Chinese Νew Year!
Dickson Niew Collection
http://dniewcollectors.blogspot.com
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dicksonniew33@gmail.com

My Dickson Niew Collection at No.58, Jalan SS14/2, Subang Jaya will be closed for Chinese New Year from 17th February 2015 (Tuesday) to 23rd February 2015 (Monday).
My business will be resumed on 24th February 2015 (Tuesday). Thank you.

GOLD SOUVENIR ITEM OF BANK MALAYSIA (CENTRAL BANK OF MALAYSIA)

Gift And Souvenir Item Of Bank Negara Malaysia (Central Bank Of Malaysia) A Gold Neck Tie Pin
This gold neck tie pin of Bank Negara Malaysia (BNM) was shown to me by a very senior numismatist. He bought this BNM gold souvenir item from a dealer many years ago.
This BNM gold neck tie pin was in a velvet box packaging. The whole pin was made of .916 gold material. The design of this neck tie pin is almost equivalent to a 5 sen size of a Malaysian coin with the logo of BNM, the Nandi Bull / Kijang design that resembled the obverse design of a Patani-Kelantan gold Kijang Kupang. It was attached to a needle, at the bottom of the needle is also a gold stopper to cover the sharp point of the needle.

The whole item looks  like brand new and it was well kept by the owner for a long time. I love the main design of this BNM neck tie pin, the BNM's Kijang logo.


Another very similar souvenir item of BNM was a silver ring with the similar logo of BNM collected by Dato Sharuddin of Galeri Sha Banknote.(http://sharuddin58.blogspot.com/2013/05/logo-bank-negara-malaysia.html.).

http://dniewcollectors.blogspot.com/2014/11/souvenir-of-bank-malaysia-central-bank.html