Do you know there are few 1976 bronze 1 sen found in circulation? For anyone who still don't know, only bronze variety for this coin is rare and have a high value. I don't remember if I show any of this coin before, on sell or in my friends collection. Normal copper clad steel only prize at least RM3 for uncirculated. Its not easy to get them and not easy to spot bronze coin. Someone suggest using magnet to differentiate copper clad steel from bronze. You just put together the 1 sen 1976 coin and look for coin that not attach for that magnet and that mean it is a bronze variety.
Photo: this are only normal 1976 coin.
Do you know how this bronze variety get out into circulation? Here is a story told to me Dickson. a frequent reader of my blog:
In 1973, when Bank Negara found out the production cost of the 1973 1 cent copper is higher than the face value,they decided to replace with copper-clad steel blank. As a result, half of the 1973 1 cent coins produced in copper-clad steel.In 1976,a staff of Bank Negara found some 1976 1 cent coins stuck in the coin counting machine.The coin counting machine was adjusted to detect only 1 cent coin in copper-clad steel in 1973. Apparently, 1 cent coin in copper-clad steel is lighter than copper blank and attracted to magnet.The staff took out those stuck coins and reported to his superior.They found out this coins was minted on copper planchet.A post-mortem was conducted by them.They traced it to the mint factory. Here are what they found out:when they clear the floor of the minting area which is full of all sizes planchets,they separated those planchet for future minting because each planchet is accounted for.However, they missed to separate the copper planchets form the copper-clad steel planchets for 1 cent coins. So when times to mint 1976 1 cent coins, this mixed planchets was used. Some of the planchets include this bronze variety.Malaysia Numismatic Society traced the owners of this rare coins. So far only 19pcs, mostly in UNC condition are known. We called this the Transitional Error. Current price, RM1000 offered. So far no seller.Latest news on 1976 one cent bronze, l was told by a collector (an ex-staff of Bank Negara) changed RM4000.00 worth of old one cent coins (equivalent to 400000 pieces),when finished checking, he found 4pcs of used 1970 one cent coin and lucky enough to find one piece of used 1976 one cent Bronze.If you know any owners of this rare piece,please update us to add into the list.
I don't think I saw any of that in my life Dickson. I received many email asking me if their coin is the 1976 1 sen collector were looking for but most of the time its only the normal copper. I am still searching for the best way to show in this blog on how to differiantiate between copper and bronze. Maybe we can get a positive result about this coin after that. To anyone who own this Malaysia 1 sen bronze variety, feel free to show it to me at lunaticg@gmail.com. You will be helping other collectors a lot by just one clear picture of your collection.
If you have any information regarding Malaysia coin story, please email me about it at lunaticg@gmail.com. Every information will get a free link to any of your Blog, website, sales page (eBay, Mudah.my etc) or even your email. I don't publish any story that had been written by someone before or your ads for selling your items. It will be easy if you can provide me with written story and clear pictures of the items. Any pictures publish in this blog, I will put lunaticg blog watermark to prevent others from plagiat or copy the story. Please tell me if you don't want me to publish your question or story in here.
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