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Issuance of Commemorative Coins in Conjunction with APEC 2020

Ref No : 11/20/08 20 Nov 2020 Embargo : For immediate release    

Bank Negara Malaysia is pleased to announce the issuance of commemorative coins in conjunction with the Asia-Pacific Economic Cooperation Meetings 2020 in Malaysia (APEC 2020).

The commemorative coins were launched in conjunction with the APEC Economic Leaders’ Meeting on 20 November 2020.

Coin Design

A first for Malaysian coin issuances, the coins are minted with two contrasting surface techniques using advanced laser technology and digital frosting to create the effect of a rainbow.

Obverse

The centre of the coin features an artistic representation of 21 human figures which symbolise the collaboration of 21 APEC economies in sustaining the growth and development of the region. The words “ASIA-PACIFIC ECONOMIC COOPERATION 2020” are inscribed on the upper circumference of the coin with APEC 2020’s theme “OPTIMISING HUMAN POTENTIAL TOWARDS A FUTURE OF SHARED PROSPERITY” depicted on the lower circumference of the coin.

Reverse

The decorative floral element of songket motif (bunga pecah lapan) in the background depicts Malaysia’s rich culture. The face value of the coin is displayed at the centre of the coin, while the official logo of APEC 2020 is displayed on the lower part of the coin.

The commemorative coins have the following specifications:

  1. Coloured Silver Commemorative Coin (proof)

    This coin is made of fine silver with 99.9 purity and weighs 31.1 grams. It has a face value of RM10 and will be sold at RM253 a piece. The mintage quantity is 1,000 pieces.

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

    This coin in matte finish is made mainly out of copper, and weighs 8.5 grams. It has a face value of RM1 and will be sold at RM13.20 a piece. The mintage quantity is 15,000 pieces.

750 units of sets of two coins comprising one coloured silver proof and one Nordic gold proof coin priced at RM308 per set are also available for purchase.

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

The detailed specifications of the coins are set out in Appendix I.

Ordering the coins

To provide a fair opportunity for members of the public to buy these limited edition coins, there will be a purchase limit, with each customer allowed to purchase a maximum of a Set of 2, a coloured silver coin (proof) and up to five Nordic gold (B.U.) coins. In the event of oversubscription, balloting will take place. The Bank will provide further information on ordering, payment and delivery in due course.


 

Bank Negara Malaysia
20 Nov 2020

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