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null 50th Anniversary of Rubber Industry Smallholders Development Authority (RISDA)

50th Anniversary of Rubber Industry Smallholders Development Authority (RISDA)

BNM is pleased to announce the issuance of commemorative coins in conjunction with the 50th anniversary of Pihak Berkuasa Kemajuan Pekebun Kecil Perusahaan Getah (RISDA).

The commemorative coins will be issued in two denominations:

1. Sterling Silver Commemorative Coin (proof)

The commemorative coins for RISDA are made of sterling silver with 92.5% purity and weigh 31 grams. Each coin has a face value of RM10 and will be sold at RM330 per piece.

The mintage quantity is 1,000 pieces for each coin design.

2. Nordic Gold Brilliant Uncirculated (B.U.) Commemorative Coin

This coin is made of copper and several other metals and weighs 8.5 grams. The coin has a face value of RM1 and will be sold at RM16.50 per piece.

The mintage quantity is 5,000 pieces for each coin design.

These commemorative coins are also available for sale in Sets of 2, comprising one coloured sterling silver proof coin and one Nordic gold proof coin. The Set of 2 for RISDA will be sold at RM385. A total of 1,000 sets per design will be available for purchase.

Detailed specifications of these commemorative coins are set out in the Appendix.

Coin Designs

Obverse – The design concept of the coin is inspired by the critical mission of RISDA, which was established to improve the socio-economic well-being of the rubber smallholder community in Malaysia. A rubber tapper is featured prominently on the front side of the coin. The top left of the coin depicts images of the other products by the smallholder community, brought to market with RISDA’s support through RisSMart. The silhouettes of a child and a graduate on the right side of the coin signify RISDA's efforts in human capital development.

Reverse – The name “BANK NEGARA MALAYSIA” as the issuing authority of the numismatic coins is shown on the right circumference of the coin and the face value of “10 RINGGIT” for sterling silver or “1 RINGGIT” for Nordic gold. The logo for RISDA’s 50th anniversary is featured on the top of the coin and is set against the background of a stylised depiction of a rubber tree trunk.

All commemorative coin designs are available for sale today

These commemorative coins will be sold separately. To provide a fair opportunity for members of the public to buy these limited-edition coins, there will be a purchase limit for each design 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 today to 5:00 a.m., Monday, 9 December 2024.

Members of the public are advised to place their orders through BNM’s online system and not with or through any other party or unauthorised ordering facility. All orders will be considered, and no preference will be 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 (pieces/set)

Price

(RM)

Single

Sterling Silver (proof)

Ag92.5

10

40.7

31

1,000

330

Nordic Gold (B.U.)

Cu89 Zn5 Al5 Sn1

1

30

8.5

5,000

16.50

Set of 2

Sterling Silver (proof);

and

Nordic Gold (proof)

Ag92.5
and
Cu89 Zn5 Al5 Sn1

10
and
1

40.7

 

30

31

 

8.5

1,000

385

 Note: Prices stated above are inclusive of 10% Sales and Services Tax (SST).

Bank Negara Malaysia
3 December 2024