The Bank Negara Malaysia will issue commemorative coins in conjunction with the inauguration of His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV Sultan Muhammad V who became the 15th Yang di-Pertuan Agong (head of state) of Malaysia. His Majesty was elected as the 15th Yang di-Pertuan Agong for a five-year term, by the Malay Rulers at the 243rd Conference of Rulers (Special Meeting) at Istana Negara, Kuala Lumpur on the 14th October 2016. His Majesty subsequently took the oath of office as the 15th Yang di-Pertuan Agong on the 13th December 2016, at Istana Negara, Kuala Lumpur. The formal installation of His Majesty was held on the 24th April 2017. The commemorative coins were presented to His Majesty on the 14th December by the governor of the Bank Negara Malaysia, Muhammad bin Ibrahim, at Sasana Kijang.
The Federation of Malaysia is a constitutional monarchy and the Yang di-Pertuan Agong is one of the few elected monarchs in the world. The Yang di-Pertuan Agong is formally elected to a five-year term whose candidates are chosen from the nine hereditary rulers of the Malay states. There are 13 states of Malaysia in total.
The four versions of the collector coins share the same design on both the obverse and reverse with the silver examples including a colour application. The obverse shows a portrait of His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV Sultan Muhammad V and is featured at the centre of the coin. The words KEBAWAH DULI YANG MAHA MULIA SERI PADUKA BAGINDA YANG DI-PERTUAN AGONG XV SULTAN MUHAMMAD V are inscribed along the circumference of the coin with the date of the installation depicted at the bottom of the portrait of His Majesty. The reverse side depicts the image of the official royal insignia of His Majesty. BANK NEGARA MALAYSIA is featured on the upper circumference of the coin, while the words PERTABALAN SERI PADUKA BAGINDA YANG DI-PERTUAN AGONG XV are inscribed along the lower circumference of the coin together with the respective face value.
|1 ringgit||Alum-bronze||8.5 g||30 mm||Brilliant Unc.||15,000|
|15 ringgit||99.9 Copper||77.7 g||50 mm||Proof||500|
|150 ringgit||.999 Silver||92 g||50 mm||Proof||500|
|300 ringgit||.999 Gold||7.96 g||22 mm||Proof||300|
Display examples of the coins will be available for public viewing from Thursday, the 21st December 2017, at the Bank Negara Malaysia’s Museum and Art Gallery and at the bank’s offices in Penang, Johor Bahru, Kota Kinabalu, Kuching, and Kuala Terengganu. Retail and presentation options include separate gold, silver, copper, or aluminum-bronze examples as well as a two-coin set consisting of the silver and copper coins.
To improve convenience, the Bank Negara Malaysia have announced that the public can place their orders online starting on the 5th January 2018. In the event of oversubscription, balloting will take place. The gold commemorative coins will be sold via public auction on the 10th March 2018. Further information on the ordering, auction, payment, and collection will be provided to the public in a press release prior to the sale date. For additional information on these coins, please visit the website of the Bank Negara Malaysia.