Malaysia 1999 Formula 1 Grand Prix Commemorative coin

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4 years ago

On 5 October 1999, Bank Negara Malaysia launched a commemorative coin of RM15 and RM25 in conjunction with Petronas Formula 1 Grand Prix race from 15 to 17 October 1999. The launch was completed by Bank Negara Deputy Governor Datuk Huang Sing Chong. Also present at the function were Sepang F1 Circuit chairman Tan Sri Basir Ismail and Chairman of Boustead Mint Sdn. Bhd., Datuk Lodin Wok Kamaruddin. The commemorative coins were issued as a reminder for the first time Malaysia was honored to host the world-class prestigious motorsports event, the first Petronas Grand Prix Formula One Malaysia in Sepang.

The RM 25 coins are made of silver coins with its front showcase the design of the Canopy Tower which is a landmark on the Sepang FI Circuit with the words SEPANG F1 CIRCUIT and 1st PETRONAS MALAYSIAN F1 GRAND PRIX 1999 'around it. The RM 15 coin is of the type of Capro-nickel with its frontlet designing the Sepang International Circuit design with a map of Malaysia with the words SEPANG F1 CIRCUIT and 1st PETRONAS MALAYSIAN F1 GRAND PRIX 1999 around it.

The back design illustrates the value of the denomination of the coin with the words of MALAYSIA and 1999.

This coin is minted by Boustead Mint Sdn. Bhd. Sepang International Circuit Sdn. Bhd., As the F1 organizer has contributed to the design concept of these two coins. The coins were sold on 6 October at Perwira Affin Bank (selected branches), Bank Simpanan Nasional (selected branches), Sepang Circuit Sales Center, and Boustead Mint Sdn. Bhd., Persiaran Selangor, Shah Alam.

1999 formula 1 Sepang 15 ringgit cupro-nickel commemorative Coin

Front
Back

TECHNICAL SPECIFICATION:
Composition of Metal: Cupro Nickel (Copper 75%, Nickel 25%)
Weight: 16.80 grams
Diameter: 33.4 mm
Mintage: 8,000 pieces.
Mint: Bousted Mint Sdn Bhd.
Face value: RM15
Sale Price: RM95

1999 formula 1 Sepang 25 ringgit silver commemorative Coin

Front
Back

TECHNICAL SPECIFICATION:
Metal Composition: 92.5 silver proof (Silver 92.5%, Copper 7.5%)
Weight: 21.70 grams
Diameter: 35.70 mm
Mintage: 3,000 pieces.
Mint: Bousted Mint Sdn Bhd
Face value: RM25
Sale Price: RM165

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