Thursday, November 27, 2008

3rd Series - RM1 Blind Mark

Have you ever ask a question why the 3rd Series of RM1 blind spot deviated from the traditional "dot", but instead a diamond sharp was introduced? Do you give yourself a second thought on this matter?

3rd Series of RM1 with a diamond sharp of blind spot

To trace back the history, the 3rd Series of Malaysian Banknote was introduced back in 1996 with the theme of Wawasan 2020. The introduction of this new series was began with lowest denomination of RM2 instead of RM1 compared to its previous two series. A traditional single "dot" was assigned to this RM2, the lowest denomination of the initial 3rd Series. It was only four years later or in 2000, the RM1 paper note was reintroduced. By then, the RM1 has not choice but to carry a different blind mark i.e. diamond sharp.

In deed, it was intention of Bank Negara Malaysia (BNM) back then to face off the RM1 paper note and to replace it with RM1 coin which was introduced in 1989, known as gold coin. However, due to the technical problem of standardisation of two different versions of minted coins and forgery issue, the RM1 coin was finally withdrawn from the circulation and demonetised in 2005.

I think the general public are happy with the BNM decision by re-introducing the RM1 paper note mainly because the RM1 coin is simply to heavy and troublesome to carry.

The single "dot" blind spot was used in RM2

Monday, November 17, 2008

Banknote Printers

Do you ever notice there is a few words printed at the very bottom of the reverse side of 1st Series and 2nd Series of Malaysian Banknote? You can find them printed in "Thomas De La Rue", "Bradbury Wilkinson & Co", "Harrison And Sons", "BA Banknote", "United States Banknote Co", "Canadian Banknote" or "Giesecke & Devrient". What do they mean? Indeed, this is one of the special features of the these two series of banknote where they can be identified through different printers. Printer is an authorised printing company that undertakes the responsibility to print the banknote on behalf of Central Bank.

The reverse of RM1 of 2nd Series indicates the position of Printer name

Bradbury Wilkinson on 2nd Series of RM1 note

Thomas De La Rue on 2nd Series of RM1 note

Giesecke & Devrient on 2nd Series of RM10 note

Harrison And Sons on 2nd Series of RM100 note

Collector always like to search for rare quantity of notes despite they are almost 100% identical except the tiny words describing the Printer. Different note printed by different printer carries different value. For example, a RM1 note (issued in 1982) printed by Thomas De La Rue and Bradbury Wlkinson & Co are not having the same value. The later has the higher value that earlier.

However, this feature has not inherited on 3rd Series and 4th Series of Malaysian Banknote. No printer name is found at the reverse of these notes. Why? It is for us to find out.