14th November 2022 - 3 min read
Bank Negara Malaysia (BNM) has officially issued two commemorative coins in conjunction with Kuala Lumpur’s Golden Jubilee anniversary as a city. This is following an earlier announcement that asserted BNM’s intention to do so, in collaboration with the Kuala Lumpur City Hall (DBKL).
In a notice, BNM said that the two commemorative coins issued are the coloured sterling silver commemorative coin (proof) and the Nordic gold brilliant uncirculated (BU) commemorative coin. Specifically, the coloured sterling silver commemorative coin weighs 31g, and is made of sterling silver with 92.5 purity. It has a face value of RM10, and will be sold at RM275 per piece – with only 1,000 pieces available.
Meanwhile, the Nordic gold BU commemorative coin – which has a face value of RM1 – weighs 8.5g, and is made of copper and several other metals. Priced at RM16.50 per piece, there are a total of 5,000 pieces up for sale.
In terms of design, the obverse side of both commemorative coins will feature images of the Kuala Lumpur skyline and modern transportation juxtaposed against the clock face of Bangunan Sultan Abdul Samad. BNM said that this symbolises the passage of time since Kuala Lumpur obtained its city status back in 1972, slowly developing into the modern city that it is today.
The reverse side of the coins, on the other hand, features the text “Bank Negara Malaysia” to specify the issuing authority, as well as the unique logo of Kuala Lumpur’s Golden Jubilee anniversary (highlighted in colour for the coloured sterling silver commemorative coin). Aside from that, the image of Istana Budaya and elements of the Perdana Botanical Garden are also set against the background, signifying Kuala Lumpur’s role as a cultural centre and an environmentally friendly city. The face value of the coins, too, is included on this side at the bottom circumference.
If you’re interested in getting both limited-edition coins, they are available for sale in a set of two. Each set will contain one coloured sterling silver proof coin and one Nordic gold BU coin, priced at RM330 per set. Only a total of 1,000 sets are available for purchase.
BNM further clarified that each interested individual is only allowed to purchase a maximum of one set of both coins, one coloured sterling silver coin, and up to five Nordic gold BU coins. This is in order to provide a fair opportunity for all members of the public to obtain these items.
You can put in an order for the commemorative coins via BNM’s landing page from today until 27 November 2022 (11pm). The central bank also advised all collectors to only purchase the coins through its online system instead of any other unauthorised parties.
To note, DBKL had actually already announced the issuance of these commemorative coins back in July 2022, noting that it is collaborating with BNM to do so. However, the details of the coins were not made available to the public at that time. Aside from these coins, DBKL also worked together with Pos Malaysia to roll out exclusive stamps and first-day covers in celebration of Kuala Lumpur’s Golden Jubilee anniversary. The sale of the stamps and first-day covers began much earlier – on 7 July 2022 – at the price of RM38 per set at post offices across Malaysia.
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