50th Anniversary of the Central Bank of Malta - Silver Coin - Silver Coin
50th Anniversary of the Central Bank of Malta - Silver Coin - Silver Coin for only GBP £53.10
- Noel Galea Bason
- Royal Dutch Mint
- 0.925 Silver
On 17 April 2018 the Central Bank of Malta is celebrating its fiftieth anniversary. To mark this important milestone the Bank will be issuing numismatic coins in gold and silver.
The obverse of the coins features the coat of arms of Malta together with the coins' denomination. The reverse of the coins carries a representation of the façade of the Bank's newly-built premises, 'Binja Laparelli' located within St James's Counterguard in Valletta. The coins also bear a 50th Anniversary logo designed by Michael Grech and Daniel Galea of MCAST Arts and Design Institute. Selective gold-plating has been used on the silver coins. It is the first time that such a technique has been used on Maltese numismatic coins.
The setting up of a central bank for Malta was one of the recommendations made by United Nations team of experts in January 1964. Shortly after, on 21 September 1964, Malta gained independence from Britain. In 1967 draft legislation for the setting up of the Central Bank of Malta Act was steered through parliament and was passed in November of the same year. The Central Bank of Malta was formally established on 17 April 1968 by the coming into force of the Central Bank of Malta Act.