Showing posts with label grading. Show all posts
Showing posts with label grading. Show all posts

Bank Negara Seminar on Numismatic Grading [ 20 May 2017 ]


Fig. 1 : Sasana Kijang, BNM  Kuala Lumpur
Back in mid April 2017, I was contacted by an official from Bank Negara Malaysia (the Malaysian Central Bank). The call was from none other than the curator of the Numismatic Museum of Bank Negara himself, inviting me to conduct a seminar on numismatic grading. Of course I agreed to do it without any hesitation whatsoever! Mainly because it is indeed an honor and privilege to receive such an invitation from the best numismatic museum in the country! 


The event was scheduled for 20 May 2017, 2:30 p.m. at the auditorium at Sasana Kijang, Kuala Lumpur and the duration is expected to be 2 hours. With about 6 weeks to go I immediately set about preparing the content of the seminar.

For a start - why talk about numismatic grading and not any other topics? For most people numismatic grading equals to graded coins or banknotes stored in slabs of plastic with the grading company logo and a number between 1 to 70 indicating the grade. But grading is much more than just a number, it is a important aspect in determining the value of the collectible that every collector and numismatist must learn and understand. Failure to do so will increase the risk of overpaying for something, especially when acquiring ungraded / "unslabbed" items.

Fig 2. Opening slide for the seminar

The main objective of the seminar was to provide a high level view of the numismatic grading and its origins, while trying to keep the technical aspects of it at a minimum - which many perceive to be difficult to learn. It is hoped that attendees will come away from the seminar being able to make sense of grading and what it means to the collector.

Fig 3 : Grading a coin ....



Fig 4 : Relationship between grade and value



Fig. 5 : BNM's invitation letter & momento.

Asia School of Business (ASB) Commemorative silver coin 2016 - Obverse
Fig. 6 : The very "rare" Asia School of Business commemorative silver coin
(Although not officially stated I have been told that there are only 100 minted)

Asia School of Business (ASB) Commemorative silver coin 2016 - Reverse
Fig. 7 : The reverse of the commemorative coin
With a total of 126 presentation slides, packed with vital information, the seminar did generate some interest in grading, resulting in a question and answer session which lasted more than 1 hour. We wish to record our thanks and appreciation to Bank Negara Malaysia Numismatic Museum for organizing such an event that promote the hobby of numismatics. It is indeed a honour to be amongst the select few who has been invited to speak at the MAG Theatre of Sasana Kijang.


Fig 10: Technical specifications for the Asia School of Business (ASB) Commemorative silver coin 2016.
Fig. 9: Technical specifications for the Asia School of Business (ASB) Commemorative silver coin 2016.

Fig 8. Logo of ASB. Source : http://www.asb.edu.my/

To top off this honour, I was presented with a momento from BNM as a token of appreciation - and much to my surprise it turned out to be the much sought after "Asia School of Business" commemorative silver coin. This coin was never issued to the public, which makes it difficult to obtain for the average collector. While not officially stated, I have been told that only 100 of these coins were minted. It was released on 23rd February 2016 to coincide with the ground breaking ceremony for the new campus building that was officiated by our then BNM Governor Tan Sri Dr. Zeti Akhtar Aziz. The Asia School of Business is a collaboration between BNM and MIT Sloan School of Business, one of the top business schools in the United States.

The Asia School of Business offers Master in Business Administration (MBA) courses here in Kuala Lumpur - being one of the top schools in the world, its fee is certainlynot cheap! This world class 20 month full time course will set you back by RM265,000 for Malaysian students and RM365,000 (USD85,000) for international students.

The official press release from BNM for the ground breaking event can be found here.

And of course it does not end here, we are planning for more seminars in the near future. The new seminars will be announced via our Facebook page at http://www.facebook.com/alphanumis

In the meantime, HAPPY COLLECTING !!!





How to get the ANA Diploma in Numismatics - A Personal Experience


Fig 1 : The ANA "Numismatic Scholar" certificate
A friend of mine blogged about the numismatic course from the American Numismatic Association or ANA back in late September. Since the blog article was published, some folks have asked me about what was it like doing the American Numismatics Association's Diploma in Numismatics Program :

1. How much does it cost? How do I pay the fees?
2. Was the ANA course difficult to do?  Are the subjects difficult to understand?
3. How long did it take for you to finish it?
4. Are there any exams?
5. How many questions are there and what type of questions?
6. What is the passing mark? Is the failure rate high?
7. Do I really need to study for it ? (Duh !)
8. Is it difficult to study the subject ?

The questions posed mainly revolves around how "difficult" is it to obtain the qualification.

As of the time of writing, there is still ONLY 1 MALAYSIAN (Update : As of 2016 there are 2 Malaysians) who has been awarded the qualification of "Numismatic Scholar" under the ANA Numismatic Diploma Program, according to their records (Yes, I have written confirmation from ANA on that ... in case you really want to know). As some of you already know, I received my Diploma in Numismatics back in 24 July 2014, after spending just under 1 year pursuing it. Of course, there has been a few hundred "numismatic scholars" who have completed the course - if I recall correctly there are more than 600 worldwide.

If you are serious about numismatics, whether you are a dealer or a collector, you should enroll this course to get in depth knowledge on this subject area. At the very least, you are less likely to get conned into buying fake / counterfeit or OVER GRADED items and most of all able to sense if someone is telling you the real facts or just trying to bulls**t you. The returns definitely justifies the price you pay for this course.

If you REALLY want to know how to get one for yourself, read on.





A numismatist or a collector - is there a difference?


Numismatist vs Collector
Got a comment or a different view? Use the "comment" feature 
at the end of this blog entry.
The word "numismatics" is not often heard outside the banknote and coin collecting community. Mention the word "numismatics" to anyone you meet on the street, you will almost certainly to get the "excuse me?" kind of reaction, as if it was some foreign language! In fact that kind of reaction is quite "normal" for a "numismatist". Worse if you tell people that you are a numismatist, they'll go "what?".

Like any other field of study or job specialization, such terminologies or "buzzwords" as they are commonly referred to, often sound unfamiliar. Take the medical profession for example, I am sure all of you know what a doctors are and what they do. But have you heard of cardiologist, gastroenterologist, oncologist, pathologist and radiologist ? No? I am not surprised. All of these are specialists professions for the heart, gut, cancer, lab tests and X-ray/imaging, They are your garden variety medical practitioners which are commonly found in your local hospital.





Banknote Grading Guide


This is a summarized banknote grading guide in a tabular form. Makes it easier to used because the factors that affect grade is clearly spelled out. The contents are summarized base on the International Banknote Society's (www.theibns.org) adjectival grading description. This was presented at the recent the "Introduction to Numismatic Grading" course conducted in Kuala Kangsar.

If you have any questions about the course or numismatic grading, do email us at help@alphanumis.com or Whatsapp +60 12 318 3042.

If you would like to get a FREE large version of this table (A3 size) in PDF, please email us.


Banknote Grading Guide by alphaNumis.com





Numismatic Grading Course at ProCINS Kuala Kangsar


Back in November 2014, I received a call from Dato' Sha, who is the founder "Kelab Warisan Numismatik Malaysia" (loosely translated : Malaysian Numismatic Heritage Club). After a polite introduction, he inquired about my background and my qualifications in numismatics. I briefed him about my numismatic interests and having just completed the Diploma in Numismatics with the American Numismatic Association (ANA) in July. To which he said that he is in the process of putting together a course in numismatics with University Malaysia Pahang (UMP) [Update 10 Dec 2015 : Please note that the certificate is issued by Koperasi Universiti Malaysia Pahang] and he is looking for a professionally trained numismatist to be one of the lecturers as well as develop the course content from scratch and I seem to fit the bill.

As for myself, I have always enjoyed sharing my knowledge and help people whenever I can. I have volunteered as a coach for MBA students, conducted systems engineering classes, spoke at industry conferences and also served on an Industry Advisory Panel  for a local university for the past 3 years. 

So there is no need to guess what my answer was going to be.





Re-grading aN Graded Notes at PMG


It's bound to happen. It is only a matter of time.

Late last year, a collector acquired 2 pieces of banknotes graded by alphaNumis decided to cut them out from the plastic slab and send it to PMG for grading, just to compare our grading skills/competency, which in our honest opinion, is a good thing. As consumers, people have every right to compare products and services. As a service provider, it's good feedback and opportunity to learn and improve.


Malaya 1 Dollar 1941 Graded by alphaNumis & PMG
Fig 1. PMG graded this piece at 55, same as aN grading. (Photos from Straits Settlements Shop)
The notes in question are Malaya 1 dollar from 1941, with King George VI. They were graded AU55 and EF40 respectively by alphaNumis. The result of the grading came back earlier this year and below are the photos posted by the collector, Andrew Chan, at his blogsite. You can read this piece on the grading here.






Top 10 Questions about alphaNumis Banknote Grading Service



We have received quite a number of calls and emails recently on how to submit banknotes to alphaNumis to grade and encapsulate. We think it will be better if we explain the process in a bit more detail, in the form of a Q&A in our blog so that you can get a better picture how it's done.

alphaNumis Graded Banknote - Mauritius 10 Rupees 1967
Figure 1 : alphaNumis Graded banknote





The Basics and Origins of Grading



Grading is part and parcel of collecting as much as exams are part of studying; and yet there many collectors feel that grading is something best left to the experts or numismatists.  Let me assure you that nothing can be further from the truth.

We grade things in our daily lives – from picking the right fruit at the grocery store, to checking out that used car, right up to our life partners!  Grading is the process of determining the condition and therefore value of something and subsequently deciding on how much of resource e.g. time and money that you want to invest in it.

Sheldon Scale
Fig1. Dr. William H Sheldon (Source : LIFE)