THE Bank Negara Malaysia today announced the launch of commemorative coins marking Kuala Lumpur's 50th anniversary (KL50) as a city.
The commemorative coins will be issued in two denominations:
- 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.
- 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 sale.
Coin design
The commemorative coins are available in two designs – obverse and reverse.
The obverse features images of the Kuala Lumpur skyline and modern transportation. They are 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.
It portrays the city's progress and development into a modern city.
![The Set of 2 (Coloured Sterling Silver [proof] and Nordic Gold [proof]). – Pic courtesy of BNM](https://media.thevibes.com/images/uploads/covers/2022/September/CnL/_extra-large/kl50_setof2.jpeg)
In the reverse design, 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. They signify 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 until 11pm, Sunday, November 27.
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.
There will be no preference given to orders based on the order date and time. In the event of oversubscription, balloting will take place. – The Vibes, November 14, 2022
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