Malaysia 2022 100th Anniversary of the Cooperative Movement Commemorative Coins
On 23 December 2022, Bank Negara Malaysia issue commemorative coins in conjunction with the 100th anniversary of the Cooperative Movement in Malaysia.
The commemorative coins will be issued in two denominations:
1. 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 RM385 per piece. The mintage quantity is 1,000 pieces.
2. 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, with each set priced at RM440. The set comprises one coloured sterling silver proof coin and one Nordic gold proof coin. A total of 1,000 sets will be available for purchase.
Coin design
The design of the commemorative coins is as follows:
Obverse
The obverse features the word “co-op” in the style of two infinity loops, symbolising the various ways in which cooperatives have contributed to nation building. Within each letter is an icon, symbolising the different ways in which cooperatives have helped improve the lives and livelihoods of their members.
Reverse
The top circumference of the reverse side features the text “BANK NEGARA MALAYSIA” to depict the issuing authority, while the event logo is displayed on the left (highlighted in colour on the silver coins). An array of diagonal rippling waves is featured on the background to symbolise progress of the cooperative movement over the past 100 years. The text “10 RINGGIT” and “1 RINGGIT” are shown at the bottom circumference, representing the face value of the coins.
Technical Specifications for 2022 100th Anniversary of the Cooperative Movement RM1 Coins:
Type: Nordic Gold (B.U)
Metal: Cu89 Zn5 Al5 Sn1
Face Value (RM): 1 Ringgit
Quantity (pieces / sets): 5,000
Diameter: 30
Weight: 8.5
Retail sales price: RM16.50
Technical Specifications for 2022 100th Anniversary of the Cooperative Movement RM10 Coins:
Type: Colored Sterling Silver (proof)
Metal: Silver (Ag 92.5)
Face Value (RM): 10 Ringgit
Quantity (pieces / sets): 1,000
Diameter: 40.7
Weight: 31
Retail sales price: RM385
Technical Specifications for 2022 100th Anniversary of the Cooperative Movement set of 2 Coins:
Mintage: 1000 sets
it contains the Coloured Sterling Silver (proof) and Nordic Gold (proof)
Retail sales price: RM440
