i heard about it 1rm gold coin not in used? so i never tried using the 1rm coins again .. but i have lots of it at home ..
can change it anywhere?
2007-03-20 22:33:46 · 14 answers · asked by Anonymous in Travel ➔ Asia Pacific ➔ Malaysia
Btw people this Jessica R is a spammer i think .. please don't click on her link . it mite be some virus site ...
2007-03-20 23:01:21 · update #1
Michelle: hmm i didnt get the answer that a fren of yrs wanted to buy it ??
btw i'm not sure if i wanna dispose it or not .. still thinking what to do with them
2007-03-22 14:06:34 · update #2
yup, no longer in use. may be you keep it for 10 years later, I'm sure it will worth a fortune then.
i got many too....
2007-03-20 22:52:16 · answer #1 · answered by anderson 6 · 1⤊ 0⤋
The Malaysia RM1 coins have been demonetized effective 7th December 2005, which means that they are no longer legal tender or have any value. They can no longer be exchanged at banks as well because members of the public were given a three-month period from 7th September to 6th December 2005 to exchange the RM1 coins at face value at the Central Bank or commercial banks. You can, however, try to sell the obsolete coins to coin dealers but only if your coins are in uncirculated condition, meaning that they are still in shiny golden color. Dealers will, however, pay you less than the face value since the coins are considered worthless.
2007-03-23 10:32:09 · answer #2 · answered by silverpet 6 · 0⤊ 0⤋
Jessica is a spammer ...omg !!!! RM1 coins could be changed at the Bank...preferably at Bank Negara..
2007-03-21 23:04:00 · answer #3 · answered by Sarah 5 · 0⤊ 0⤋
the RM 1 coins has since withdrawn for circulation on 07 December 2005. you may bring those coins directly to Bank Negara Malaysia (BNM) & see if they are willing to change into Ringgit notes.
2007-03-21 12:10:38 · answer #4 · answered by foongwk140804 7 · 1⤊ 0⤋
I don 't think u could , I remembered government did give us a certain time of period to exchange RM 1 coins with any banks in Malaysia .
2007-03-26 22:31:17 · answer #5 · answered by Anonymous · 0⤊ 0⤋
it is no longer in use because there used to have many counterfeit RM1 coints in the market. you can always exchange it at the bank negara malasia with the same face values.
2007-03-21 05:39:17 · answer #6 · answered by kl_leong 1 · 3⤊ 0⤋
excuse me, can i ask something out of this question?
Why did the author, or u guys deleted my friend, Gabriel Valentino's answer?
He was asking whether he could buy the coins because the author is disposing them..
2007-03-22 14:17:00 · answer #7 · answered by princess17 2 · 0⤊ 0⤋
there no place you can change that coin, even Bank Negara no longer accept this coin.
2007-03-25 13:54:52 · answer #8 · answered by Mohd Azizul 2 · 0⤊ 0⤋
just keep the coins..in another 30-50 years it wud an antique asset...
2007-03-28 12:58:21 · answer #9 · answered by dolphin_197 1 · 0⤊ 0⤋
go to the bank and change them
2007-03-29 04:32:41 · answer #10 · answered by Priyangaf 1 · 0⤊ 0⤋