50th Anniversary of Kuala Lumpur as a City
Bank Negara Malaysia announces today the issuance of commemorative coins in conjunction with the 50th Anniversary of Kuala Lumpur as a city (KL50).
The commemorative coins will be issued in two denominations:
1. Coloured Sterling Silver Commemorative Coin (proof)
The coin weighs 31 grams 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. The mintage quantity is 1,000 pieces.
2. Nordic Gold Brilliant Uncirculated (B.U) Commemorative Coin
This coin weighs 8.5 grams and is made of copper and several other metals. It has a face value of RM1 and will be sold at RM16.50 per piece. The mintage quantity is 5,000 pieces.
These commemorative coins are also available for sale in a Set of 2. The set is priced at RM330. Each set comprises one coloured sterling silver proof coin and one Nordic gold proof coin. A total of 1,000 sets will be available for purchase.
Detailed specifications of these commemorative coins are set out in the Appendix below.
Coin design
The design of the commemorative coins is as follows:
Obverse
The obverse features images of the Kuala Lumpur skyline and modern transportation juxtaposed against the clock face of Bangunan Sultan Abdul Samad. This symbolises the passage of time since the granting of city status to Kuala Lumpur in 1972 which saw the city progress and develop into a modern city.
Reverse
The top circumference features the text “BANK NEGARA MALAYSIA” to depict the issuing authority, and the event logo (highlighted in colour on silver coins only). The Istana Budaya building and elements from the Perdana Botanical Garden are also featured, signifying Kuala Lumpur being a cultural centre and environmentally friendly city. The text “10 RINGGIT” and “1 RINGGIT” are shown at the bottom circumference, representing the face value of the coins”.
Sale of commemorative coins
To provide a fair opportunity for members of the public to buy these limited-edition coins, there will be a purchase limit of one Set of 2, one coloured sterling silver coin (proof) and up to five Nordic gold (B.U.) coins per person.
Members of the public can place their orders at duit.bnm.gov.my from 11 a.m., Monday, 14 November 2022 to 11 p.m., Sunday, 27 November 2022.
Members of the public are advised to place their orders through the Bank Negara Malaysia online system and not with or through any other party or unauthorised ordering facility. All orders will be considered, and there will be no preference given to orders based on the order date and time. In the event of oversubscription, balloting will take place.
Appendix - Technical Specifications
| Category | Metal | Alloy | Face Value (RM) | Diameter (mm) |
Weight (g) |
Mintage Quantity(pcs/set) | Price (RM) |
|---|---|---|---|---|---|---|---|
|
Single |
Coloured Sterling Silver (proof) |
Ag 92.5 |
10 |
40.7 |
31 |
1,000 |
275 |
|
Nordic Gold (B.U.) |
Cu89 Zn5 Al5 Sn1 |
1 |
30 |
8.5 |
5,000 |
16.50 |
|
|
Set of 2 |
Coloured Sterling Silver (proof) and Nordic Gold (proof) |
Ag 92.5 and Cu89 Zn5 Al5 Sn1 |
10 and 1 |
40.7 and 30 |
31 and 8.5 |
1,000 |
330 |
Note: Prices stated above are inclusive of 10% Sales and Services Tax (SST).
Bank Negara Malaysia
14 November 2022
