Yesterday, Bank Negara Malaysia announced that it is issuing new commemorative coins in conjunction with the 50th Anniversary of Kuala Lumpur as a city.
There will be two denominations of the commemorative coins:
1. Coloured Sterling Silver Commemorative Coin (proof)
The weight of the coin is 31 grams. It’s made of sterling silver that has a purity of 92.5%. It will be sold at a price of RM274 per piece despite having a face value of RM10. Besides, the quantity of mintage is 1,000 pieces.
2. Nordic Gold Brilliant Uncirculated (B.U) Commemorative Coin
The copper and other metals used to create this 8.5-gram coin give it a unique appearance. It will be offered at a price of RM16.50 per unit, with a face value of RM1. 5,000 coins will be produced.
Sets of 2 of these commemorative coins are also for sale. You may purchase the entire set for RM330. One proof coin in sterling silver and one proof coin in Nordic gold are included in each pair. What’s more, there will be a total of 1,000 sets for sale.
Coin design
Obverse
Kuala Lumpur’s skyline and several modes of modern transportation can be seen on the obverse, next to the clock face of Bangunan Sultan Abdul Samad.
This represents the passage of time since Kuala Lumpur was officially recognized as a city in 1972. It also marks the beginning of its transformation into the metropolitan metropolis that it is today.
Reverse
The text “BANK NEGARA MALAYSIA” appears around the outer edge to represent the issuing institution. Moreover, the logo for the event is located in the upper left corner (highlighted in color on silver coins only).
Elements from the Perdana Botanical Garden and the cultural centre Istana Budaya are also included to emphasize Kuala Lumpur’s reputation as a green and hospitable metropolis.
In addition, at the bottom, the texts “10 RINGGIT” and “1 RINGGIT,” which are the coins’ face values, are on the coin.
Last but not least, if you want to order these coins, you may place your orders at https://duit.bnm.gov.my, starting from 14th November 2022.
Source: Bank Negara Malaysia