Many collectors have raised a same question, that is, whether all the RM1 'Z' series are the replacement notes? Some say yes and others say no. Many of them have shared their valuable opinions in this matter. One thing is for sure that ZA, ZB, ZC, ZD, ZE and ZW series are the replacement notes. These replacement notes were released from time to time in concurrent with the normal circulation notes.
Nowadays, the market is flooded with all RM1 'Z' series. Are these replacement notes? I have posted an article in regards to the RM1 ZG replacement note in my earlier discussion which I have received many responses from collectors that these notes are indeed the normal circulation notes.
Various RM1 with prefix Z
So, is that true? The fact that Z series notes besides as mentioned above are normal circulation notes is based the amount of volume that these notes are released. Many have share their views that it is abnormal that replacement note will be issued in this matter as it is normally scare and hard to obtain. What say you?