Monday, August 24, 2009

3. 1953 $50 QUEEN ELIZABETH MALAYA in RARE AUNC CONDITION


This is a rare in About uncirculated 1953 $50 Malaya & British Borneo Banknote with the portrait of Queen Elizabeth II and the respective states crests on the Obcerse and Reverse respectively. This banknote is geniunely original, no wash or pressed.

Most of these banknotes were chemically washed and pressed and to has it in this AUNC condition is a must for serious collector.

I did this projected and historical price movement graph for investment guide.
i) Point A - Breakout for UNC / AU - This point can be interpreted that the demand is very high for this condition.

ii) Point B - the EF, VF, and F conditions pricing seem to be understated in the catalogue. This can be explained that at Point X and Y, where the prices done on Spink.

Point X - A GEF sold at RM2,200 but catalogue priced at only RM1,500 for EF.

Point Y - A GVF sold at RM1,009 but catalogue priced at only RM800 for VF.

So, in my opinion, the demand is still very strong for UNC / AUNC conditions for this $50 banknote.