TAFEP Hero 2024 Oct
Commemorative coins issued in conjunction with the installation of His Majesty Yang di-Pertuan Agong Sultan Ibrahim

Commemorative coins issued in conjunction with the installation of His Majesty Yang di-Pertuan Agong Sultan Ibrahim

The commemorative coins will be issued in three denominations — Gold (proof), Sterling Silver (proof), and Nordic Gold Brilliant Uncirculated (B.U.).

In conjunction with the installation of His Majesty Yang di-Pertuan Agong Sultan Ibrahim as the 17th King of Malaysia on 20 July 2024, Bank Negara Malaysia (BNM) announced the issuance of ⁠commemorative coins on 2 October 2024. 

The commemorative coins will be issued in three denominations: 

Gold (proof) commemorative coin

This coin is made of gold with 999.9 purity and weighs 8g. It has a face value of RM100 and will be sold at RM3,250 per piece. The mintage quantity is 300 pieces.

Sterling Silver (proof) commemorative coin

This coin is made of sterling silver with 92.5 purity and weighs 31g. It has a face value of RM10 and will be sold at RM275 per piece. The mintage quantity is 1,300 pieces.

Nordic Gold Brilliant Uncirculated (B.U.)  commemorative coin

This coin is made of copper and several other metals and weighs 8.5g. The coin has a face value of RM1 and will be sold at RM16.50 per piece. The mintage quantity is 5,000 pieces.

The commemorative coins will also available for sale in a set of 2, comprising of one sterling silver (proof) coin and one Nordic gold (proof) coin. Each set is priced at RM330 and a total of 1,300 sets will be available for purchase.

The technical specifications of these commemorative coins are set out below:

Note: Prices stated above will be inclusive of 10% Sales and Services Tax (SST), except for the gold commemorative coins which are exempted under Clause 71.18 Sales Tax Act (Goods Exempted from Tax) Order 2022.

The design of the commemorative coins is as follows:

image

Note:

  1. From left to right: Sterling silver (proof), Nordic gold B.U. and gold (proof) coins.
  2. Please refer to the Appendix for the actual coin size.

Obverse – The portrait of His Majesty Yang di-Pertuan Agong XVII Sultan Ibrahim will be featured at the centre of the coin against a stylised black pepper plant motif.

His Majesty’s name, "SULTAN IBRAHIM" will be inscribed on the upper circumference of the coin.

image

Reverse – The centre of the coin depicts the image of the royal insignia of His Majesty Yang di-Pertuan Agong against a stylised black pepper plant motif.

The text "PERTABALAN SERI PADUKA BAGINDA YANG DI-PERTUAN AGONG XVII" will be inscribed on the upper circumference of the coin while the text "BANK NEGARA MALAYSIA" as the issuing authority is shown at the bottom circumference along with the face value of 

  • "100 RINGGIT" for gold (proof), 
  • "10 RINGGIT" for sterling silver (proof), and 
  • "1 RINGGIT" for Nordic gold B.U.

Sale of Commemorative Coins

To ensure everyone has a fair chance to purchase these limited-edition coins, each individual will be allowed to buy only one Set of 2, one gold (proof) coin, one sterling silver (proof) coin, and up to five Nordic gold B.U. coins.

Orders can be placed at ⁠duit.bnm.gov.my from 11:00 a.m. on 2 October 2024 until 11:00 p.m. on 13 October 2024.

The public is encouraged to submit orders directly through BNM’s online system, avoiding any third parties. 

All orders will be considered equally, with no priority given to the time or date of submission. If the demand exceeds availability, a balloting process will be conducted.


READ MORE: 2025 public holiday dates for Malaysia 

Lead image / BNM

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