Friday, February 17, 2012

Old News-RM50 gold line release

One of my friends in Facebook asked, "how much is the price of RM50 gold line banknote when it was released in 2008?" The banknote has been released for sell by Bank Negara Malaysia (BNM) on 26 December 2007. The RM50 notes release to mark Malaysia's 50 years of independence. It a symbol of Malaysia's success, stability of the ringgit and the economy and strength and prosperity of the nation. On the day of the launch, Prime Minister Abdullah Ahmad Badawi, who is also Finance Minister, received the first note from Bank Negara Governor Zeti Akhtar Aziz. 

Merdeka banknote

Only 20,000 pieces of the notes, which would be especially packaged with information on the security features. The new RM50 banknote was printed by German-based company which has manufacturing facilities in Canada and Malaysia (Do you know what Printer? Will write about this later). The new RM50 banknote with special packaging will be available for sale to the public at RM60 per set from 26 December 2007. The new RM50 banknote is the first denomination of the fourth series of Malaysian currency notes.

How much the price of the 50 ringgit goldline banknote today? Many people comparing the price of the RM50 goldline and the new premier 4th series banknote. The new banknote has been produced at a very high quantity. Many collectors who want to gain an instant profit make a mistake by holding the notes and hoping the price is going up in an instance. Only a few sellers who sold their item on the first week of the release can get a high price on the banknote, lucky them. The price will be going up but it will take time to gain a high price like what happen to 50 ringgit commemorative. If you can get the RM50 goldline with the same number as your premier notes, that will be a very good collection. All AA Prefix notes with the same number.