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  4. Issuance of Commemorative Coins In Conjunction with the 50th Anniversary of Universiti Teknologi MARA

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null Issuance of Commemorative Coins In Conjunction with the 50th Anniversary of Universiti Teknologi MARA

Issuance of Commemorative Coins In Conjunction with the 50th Anniversary of Universiti Teknologi MARA

Embargo : For immediate release Not for publication or broadcast before 0601 on Thursday, 9 November 2006
9 Nov 2006

Bank Negara Malaysia is issuing three types of commemorative coins in conjunction with the 50 th anniversary of the establishment of Universiti Teknologi MARA (UiTM). The issuance of commemorative coins is in recognition of the significant role and contribution of UiTM in nurturing graduates in the areas of business, science and technology. Over the past 50 years, the graduates of UiTM have contributed towards the development of the broad spectrum of industries in the rapidly changing Malaysian economy.

The commemorative coins are legal tender and the technical specifications are as follows:

1) Gold Commemorative Coins (proof)

This proof coin is made of gold with 999.9 purity and weighs 7.96 grams. It has a face value of RM100 and will be sold at RM1,028 a piece. The mintage quantity is limited to 300 pieces.

2) Silver Commemorative Coin (proof)

This proof coin, with a face value of RM10 is made of Sterling silver with 92.5 purity and weighs 21.0 grams. It is priced at RM138 a piece. The mintage quantity is limited to 500 pieces.

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

The Nordic Gold (B.U) coin has a face value of RM1 and is sold at RM8 each. Mintage quantity is 10,000 pieces.

These coins are also available in sets of 3 and sets of 2. The sets of 3 consist of the gold, silver and Nordic gold proof coins. The set of 2 consists of the silver and Nordic gold proof coins. The sets of 3 and sets of 2 will be sold at RM1,268 and RM188 respectively.

Detailed specifications for the coins are as per Attachment I.

Coin Design

The design descriptions of the 50 th Anniversary of UiTM commemorative coins are as follows:

The Obverse side of the Coin

The obverse side depicts the UiTM emblem as a background. The words "Universiti Teknologi Mara" appear on the upper circumference of the coin whilst the Jawi transcript appears on the lower circumference of the coin.

The Reverse Side of the Coin

The reverse side features the official logo of UiTM's 50 th anniversary (the stylized numeral "50"). The words "JUBLI EMAS UiTM 2006" appear on the upper circumference of the coin. The seven beads each on the left and right hand side of the reverse of the coin represent the 14 branches of UiTM campuses throughout the country. The words "BANK NEGARA MALAYSIA " and its denomination appear on the lower circumference of the coin.

Sales Outlets

These commemorative coins are minted and distributed by The Royal Mint of Malaysia and are available for sale from 9 November 2006 at the following outlets:

The Royal Mint of Malaysia 
Kompleks Kilang Wang
Lot 2, Persiaran Selangor, Seksyen 15
40000 Shah Alam
(Tel. No: 03 - 55191611/2/3)

Money Museum 
Bank Negara Malaysia
Jalan Dato' Onn
50480 Kuala Lumpur
(Tel. No: 03 – 26988044)

THE ISSUANCE OF COMMEMORATIVE COINS IN CONJUNCTION WITH 50 TH ANNIVERSARY OF UITM

Technical Specifications

Type
Alloy
Face Value (RM)
Selling Price (RM)
Mintage Quantity (piece/set)
Diameter (mm)
Weight (gram)
Shape
Gold Proof
Gold (Au999.9)
100
1,028
300
22.00
7.96
Round with milled edge
Silver Proof
Silver (Ag92.5)
10
138
500
35.70
21.00
Round with milled edge
Nordic Gold (B.U.)
Cu89 Zn5 Al5 Sn1
1
8
10,000
30.00
8.80
Round with milled edge
Set of 2 Proof
 
10+1
188
300
 
 
 
Set of 3 Proof
 
100+10+1
1,268
300
 
 
 

 

Note:

  1. Set of 2 consists of silver proof coin and Nordic gold proof coin, and
  2. Set of 3 consists of gold proof coin, silver proof coin and Nordic gold proof coin.

 

 

Bank Negara Malaysia
9 November 2006

© Bank Negara Malaysia, 2006. All rights reserved.

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