Saturday, November 21, 2020

Issuance of Commemorative Coins in Conjunction with APEC 2020









We have the third commemorative coins issue from Bank Negara Malaysia which they announced on 20th November 2020, the link for the coins which issue in conjunction with the APEC 2020 can be found in BNM official website here

In the previous 2 issued of commemorative coin, which BNM is using the balloting method which they introduce few years ago, and there are one more changes they have done due to the current Covid-19 pandemic, BNM had cancel the self collection option for the success ballotter, instead all success ballotter will get their coin by courier service.

In this process, each application process they will be a charge of courier fee, on top of that, the courier fee will be charge on every single coin (in case of coin card, it will be lot of 5 pieces) you apply.

Those who apply full set for both version in previous issued  may need to pay RM1,491.65 in advance and the courier fee is charging at RM177.15.

Initially some may feel the extra courier cost may consider drive up the coin cost, which may make some collector decide to wait and see how the public respond on this new normal.

The balloting result is already out and judging from the feedback in social media, it seems most of the coin is fully subscribe, looks like the extra courier charge didn't dampen the collector interest at all.