Friday, February 24, 2012

Old News-PATA coins release

Another old news that I want to share, PATA coins release; Marking it with coins from New Straits Times, 1 April 1986. The release of the coins had bring a large crowd coming to Bank Negara Malaysia (BNM) Kuala Lumpur Headquarters. The Silver Proof coins, packed in special blue cases, cost at RM40 a set and come with cerificate of Authenticity. The $1 non-proof coins sold at their face value. The coins feature the logo of the 35th Annual conference of PATA (Pacific Asia Travel Association) in Malaysia, Johan (PATA conference official mascot) a stylised version of the smiling giant leatherback turtle. 500,000 Uncirculated $1 copper-nickel coins and 11,000 $5 Silver Proof .500 coins were issued by BNM.


Marking it with coins; New Straits Times, 1 April 1986.
Bank Negara is to issue a set of silver proof $5 and $1 coins as well as a $1 cupro-nickel non-proof coin from April 9 to commemorate the Pata conference. These coins feature, comprising a stylised version of the smilling giant leatherback turtle with the inscription "35th Annual Conference" and the date of the conference-April 9 to 16. The two proof coins are being sold as a set at $40 each, while $1 non-proof coin will be issued at a face value. The proof coins have a metal composition of 50 per cent silver, 40 per cent copper and five percent each of zinc and nickel, while the non-proof $1 cupro-nickel coin is 75 percent copper and 25 percent nickel. both the non-proof and proof coins will be legal tender in Malaysia and will be available at branches of Bank Negara Malaysia. The bank said only a limited quantity of the proof coins, packed in special presentation cases, have been minted.


Will BNM sell their coins for the face value in the near future? I am probably can only dream about it. BNM also want to gain profit from the commemorative coins sales but please do some changes. At least, start a BNM online shop or official Malaysia Mint website. Malaysia coins and banknotes have many fan outside Malaysia too and not all Malaysian can go to BNM branches on the release date. One thing for sure, I cannot find any BNM Commemorative coins Model like Noor Aimah Mohd Nor from all newspaper cutting that I found. Maybe BNM should appointed her as the Official BNM Model for 2012. She is pretty and also Photogenic. Anyone agree?