Monday 23 May 2022

Malaysia Commemorative Coins 2020 : LKIM 50th Anniversary




Coloured Sterling Silver Commemorative Coin (proof)

The coin weighs 31 grams and is made of sterling silver with 92.5 purity. It has a face value of RM10 and will be sold at RM253 a piece. The mintage quantity is 1,000 pieces.

 


Nordic Gold Brilliant Uncirculated (B.U.) Commemorative Coin

This coin weighs 8.5 grams and is made of copper and several other metals. It has a face value of RM1 and will be sold at RM13.20 a piece. The mintage quantity is 10,000 pieces.



Obverse

The text "50 TAHUN LEMBAGA KEMAJUAN IKAN MALAYSIA” is shown on the left circumference of the coins.

The image on the coins features an aerial view of a fisherman pulling his net. Filled with fresh fish from the blue sea (coloured sterling silver coins only), it symbolises his skills and experience and the bounty of Malaysia's water.

Reverse

The text "BANK NEGARA MALAYSIA”, as the issuing authority of these numismatic coins, is shown on the top circumference of the coin, with the official logo of LKIM's golden jubilee featured immediately below in the centre. The bottom segment features a 3D wave sculpture motif, symbolising the challenges and opportunities faced by the fishing industry. The text of "10 RINGGIT” and "1 RINGGIT” as the face value of the coins are shown at the bottom circumference.


Technical Specifications

Category

Metal

Alloy

Face Value (RM)

Diameter
(mm)

Weight
(g)

Mintage Quantity(pcs/ set)

Price

(RM)

Single

Coloured Sterling Silver (proof)

Ag 92.5

10

40.7

31

1,000

253

Nordic Gold (B.U.)

Cu89 Zn5 Al5 Sn1

1

30

8.5

10,000

13.20

Set of 2

Coloured Sterling Silver (proof) and

Nordic Gold (proof)

Ag 92.5 and Cu89 Zn5 Al5 Sn1

10 and 1

40.7 and

30

31 and

8.5

1,000

308

Friday 20 May 2022

Sarawak Banknotes

Sarawak dollar was the currency of Sarawak from 1858 to 1953.  The dollar remained at par with the Straits dollar and its successor the Malayan dollar.  Both Sarawak dollar and Malayan dollar were replaced by the Malaya and British Borneo dollar in 1953.




James Brooke 
( 18aug1842 – 11Jun1868 )
 
1862-1863



Charles Brooke
 ( 3Aug1868 – 17May1917 )





1897-1917

Charles Vyner Brooke 
( 24May1917 – 1Jul1946 )

1919

1.7.1919

1929-1940

1940




British Crown Colony
1946-1963


1945 Proof

Sarawak Banknote 1919 $1 No.2


A rare Sarawak $1 note, issued by the then Raj of Sarawak in 1919 when the State was under the Brooke Dynasty, has been bought by a Malaysian collector during a live auction held by London-based Spink & Son behind closed doors in January 2021.

The note was sold for £27,000 , plus a 20% commission to the auctioneer.

The black and white note with a red 'No.2' printed on it, features a portrait of Charles Vyner Brooke, who ruled Sarawak from May 24, 1917 to July 1, 1946 at its top left corner. He was the last ruler or White Rajah, as the rulers of the Brooke Dynasty were then called, before Sarawak came under British control and subsequently joined Malaysia.

Charles was the son of the second Sarawak ruler Charles Brooke, and grand nephew of Sir James Brooke, a British soldier and the first White Rajah who founded the Raj of Sarawak — as the then independent state was known — and ruled it from 1841 to 1868.

The value of the note was printed in three green circular engine turned designs in the centre.
Another feature that stands out on the currency is the allegorical maiden with a beehive and anchor — representing industry and commerce — at the top of the note.

The maiden was modelled after the Baroness Angela Georgina Burdett-Coutts, a British philanthropist whom King Edward II had reportedly described as "the most remarkable woman in the kingdom", second only to his mother, Queen Victoria. Born on April 21, 1814, Burdett-Coutts was known during her time as 'the richest heiress in England' after she inherited in 1837 her grandfather’s £1.8 million fortune. 

Known as a close friend of Charles Dickens and the Duke of Wellington, she is also remembered in history for her love of James, and the assistance she provided him by gifting him ships, advancing loans, and helping to finance his efforts to stamp out rebellions among the natives in Sarawak during his rule. 

James was made the first Rajah of Sarawak in 1841 by the Sultan of Brunei, who ceded the sovereignty of the State to James in return for his help in restoring him to his throne during a period of political turmoil. The Brooke Dynasty ruled Sarawak till 1946.

Other distinct features of the note include the coat of arms for Sarawak under the Brookes' rule at the top right, and the printed signatures of the then Accountant of Sarawak Joseph P Reutens at the bottom left, and of the then Sarawak Government Treasurer George C Gillan on the bottom right.


Sarawak Banknotes 1945 Proof

  
The Brookes had ruled Sarawak for 100 years prior to its falling to the Japanese in 1942. The last of White Rajahs, Charles Vyner Brooke, recognized he lacked the resources to rebuild his shattered country. He opted to cede Sarawak to Britain as a Crown Colony.
 
Brooke had minted no coins nor had he any notes printed that might be circulated once the Japanese had been expelled. When Britain became aware of Brooke’s intent to cede, they ensured a supply of emergency currency would be available for their new colony in the same manner they were doing for Malaya.
 
Accordingly, a series of 1 Cent, 5 Cent, and 10 Cents notes where being prepared for Sarawak during the final days of the Pacific war. These could be quickly and inexpensively printed and shipped to Sarawak after approval. However, it is likely that they were never printed in quantity for circulation, and it is clear that none of these could have been issued
 
Essentially, these are specimen proofs if not trials.   None were ever issued.



 
The design of each of the 1945 notes is similar in some respects to Sarawak’s pre-1942 issues. Each names the issuer as THE GOVERNMENT OF SARAWAK as do those pre-1942 issues but the 1945 notes lack any provision to be signed by TREASURER OF SARAWAK. Rather.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Thursday 19 May 2022

Sarawak Rubber Export Coupons 1941

   Brief History of Rubber in Malaya
 
1876 - Sir Henry Alexander Wickham smuggled 70,000 Amazonian rubber tree seeds from Brazil to Kew Gardens.  Only 2,700 germinated.
1876 - 1,919 rubber seedlings reach Ceylon, planted at Henarathgoda Botanical Gardens
1877 - 22 rubber seedlings from Ceylon send to Singapore, 11 planted in Singapore Botanic Gardens, 9 send to Kuala Kangsar, 2 to Malacca
1879 - 28 rubber seedlings from Ceylon send to India and Burma
1895 - Henry Nicholas Ridley discover rubber tapping technique
1897 - 345 acres of rubber plantation in Federated Malay States
1905 - 43,435 acres of rubber plantation in Federated Malay States
1922 - 2,260,000 acres of rubber plantation in Malaya
1925 - establishment of Rubber Research Institute of Malaya ( RRIM )
1956 - establishment of Federal Land Development Authority ( FELDA )
1973 - establishment of Rubber Industry Smallholders Development Authority ( RISDA )
1988 - establishment of Malaysia Rubber Board ( MRB ).
2000 - establishment of Malaysia Rubber Council ( MRC )
 

 
1922 - 1928 Stevenson Restriction Scheme
 
Following WW1 (1914-1918), demand for rubber diminished, creating a glut of rubber on the market and very low prices.
 
Around 1920 the British Rubber Growers Association turned to then Secretary of State for the Colonies, Winston Churchill, for help. Churchill initiated the Rubber Investigation Committee chaired by Sir James Stevenson, to come up with a plan to stabilize rubber prices. The committee came up with the Stevenson Plan which would stabilize prices by limiting the tonnage of rubber exported. The plan was enacted by the governments of Ceylon and British Malaya.
 
The Federal Legislative Council of the Federated Malay States passed the Export of Rubber (Restriction) Enactment in October 1922, to take effect on November 1
 
The Stevenson Plan ends on November 1, 1928.  Rubber producers returned control of rubber prices to the free market.  But the Great Depression in the 1930s, rubber price dropped to record low.
 
 
1934 – 1942  International Rubber Regulation Scheme
 
After the stock market crash of 1929 the Great Depression hit the United States and rubber demanded once again softened. It was in this context that the International Rubber Regulation Agreement was implemented.  The Agreement was enacted in 1934 between the United Kingdom, the Netherlands, France, India, Burma, Ceylon, Siam, Sarawak and British North Borneo to restrict the rubber supply in accordance with the decline of rubber prices to maintain rubber prices and profitability of rubber producing firms.

Under the plan, a "Bank" system was established crediting European Estates with estimated output and export of natural rubber. Rubber Export Coupons were issued of native smallholder planters. 

The coupons were printed in Kuala Lumpur by the Survey Department of the Federated Malay Sates. Coupons were issued for the following states and years:
  • Federated Malay States          1935-42
  • Straits Settlements Mainland 1938-42
  • Johore                    1934-42
  • Kedah              1934-42
  • Kelantan            1934-42        
  • Terengganu        1941-42
  • Singapore & Penang Island 1936
  • Penang Island         1941-1942
  • Singapore Island         1941
  • Sarawak                 1940-1942
  • B L & P                   1941


From 1940 the reverse of coupons remained blank with the exception of Sarawak where the value was indicated by the number and size of the stars on the ornate reverses.
 
In the late 1930s some of the smaller growers found it more profitable to sell their coupons for cash, or exchange them at the local stores for provisions, rather than harvest and sell their allowance of natural rubber. It is said that at times a 1 Picul coupon could be exchanged for more than $100.00, creating the expression "Paper Rubber".
 
Source : http://dniewcollectors.blogspot.com/2011/10/rubber-coupons.html#ixzz7TbIlvmag
 
   

 

1 pikul ( 60.47kg ) = 100 kati  

1 kati ( 0.6047g ) = 16 tahil  

 

 

Sarawak Rubber Export Coupons