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Order Eco/637/2004, Of March 4, That Agreed Issue, Minting And Putting Into Circulation Of 12 Euro Collector Coins Commemorating The Double Bond Of The Prince Of Asturias.

Original Language Title: ORDEN ECO/637/2004, de 4 de marzo, por la que se acuerda la emisión, acuñación y puesta en circulación de monedas de colección de 12 euro que conmemoran el enlace matrimonial del Príncipe de Asturias.

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TEXT

With Order ECO/84/2002 of 10 January, which agrees to the issuance, minting and putting into circulation of 12 euro coins for the year 2002, continuity was given to the stage started within the monetary framework in 1994 with the 2000 pesetas currency.

Law 62/2003 of 30 December 2003 (BOE No 313 of 31 December 2003) of Fiscal, Administrative and Social Order Measures, in Article 102 thereof, carries out a transposition of Community legislation (Communication from the Commission) on the Recommendation of 29 September 2003 on a common procedure for the amendment of the design of the national side on the front of euro coins intended for circulation); and amending the wording of Article 81 of the Law 42/1994, giving a new terminology in relation to commemorative and collector coins.

In the new wording of Article 81, it is established, inter alia, that, from January 2004, euro collector coins, euro coins not intended for circulation, normally minted, will be denominated in euro. in precious metals, with a nominal value and design other than those intended for circulation. These coins shall differ significantly from those circulated in at least two of the following three characteristics: colour, weight and diameter.

In the same arrangement, the National Currency and Timbre-Real Casa de la Moneda (National Mint) is authorized to coin and market all kinds of coins. The coinage and sale of these coins will be agreed by the Ministry of Economy, which, in accordance with the Community provisions, will determine the characteristics of the coins, their facial values and the original dates of issue. and, where appropriate, the sales prices to the public.

According to Royal Decree 689/2000, of 12 May, establishing the basic organic structure of the Ministries of Economy and Finance, the Ministry of Economy has the power attributed to the then Ministry of Economy and Finance, through the Directorate General of the Treasury and Financial Policy. On the other hand, the National Mint and Timbre-Real Casa de la Moneda is attached to the Ministry of Economy, through the Secretariat of Economy.

On May 22, 2004, the marriage liaison of His Royal Highness the Prince of Asturias Don Felipe de Borbón and Greece will be celebrated with Dona Letizia Ortiz Rocasolano. Being this event of such an entity for the Spanish, it is going to proceed to coin various coins of collection to commemorate such historic event. To this end, the issuance, minting and putting into circulation of 12 euro collection coins will be carried out, in which images of the contrayents will be reproduced.

In its virtue, I have:

First. Agreement on issuance, coinage and putting into circulation. -It is agreed for the year 2004, the issuance, minting and putting into circulation of 12 euro collection coins commemorating the marriage bond of His Royal Highness the Prince of Asturias.

Second. Characteristics of the pieces. -Currency of 12 euro of face value (33 mm, silver) Composition: Silver of 925 thousandths minimum.

Weight: 18 g > 1 per 100.

Diameter: 33 mm.

Shape: Circular with smooth singing.

Legends and Reasons:

The front reproduces the superimposed effigies of His Majesties the Kings Don Juan Carlos and Dona Sofia.

At the top, circular and in capital letters, the text JUAN CARLOS I AND SOFIA. At the bottom, between two points and in capital letters, the legend SPAIN, and the year of coinage 2004, separated by a script.

Surrounds the motifs and legends a pearl graffiti.

On the back are the effigies of His Royal Highness the Prince of Asturias Don Felipe de Borbón and Greece and of Dona Letizia Ortiz Rocasolano. In the upper right, circular and in capital letters, the text, FELIPE AND LETIZIA; to the left, the mark of Ceca and to the left of it, in circular sense, the date of the link 22-V-2004. At the bottom and in capital letters, the value of the piece, 12 EURO, separated by a circle containing, in latent image, a M Coronada and the digits 04. Surround the motifs and legends a pearl graffiti.

Third. Maximum number of parts. The maximum number of pieces to be coined will be 4,000,000. This amount may be increased or reduced in line with market demand and will be determined by a Follow-up Commission, composed of representatives of the Directorate-General of the Treasury and Financial Policy, the Bank of Spain and the National Mint and Timbre-Real Casa de la Moneda. The Commission's decisions in this regard will aim to avoid significant differences between the face value and the numismatic value of this currency.

The National Currency and Timbre Factory-Royal Mint is authorized to allocate to the numismatic funds of the Museum of this entity up to a maximum of five pieces of each coin minted under the present ministerial order and, where appropriate, those industrial elements of their manufacture which, due to the characteristics of the emission, are of numismatic or museological interest.

Fourth. Initial date of issue. -The initial date of issue will be the second quarter of 2004.

Fifth. Minting and putting into circulation. -The coins will be minted on behalf of the State, in the National Mint and Timbre-Real Casa de la Moneda, which will deliver them to the Banco de España. Once this delivery is made, the coins will be made available to the public, for which the collaboration of the credit institutions will be counted. They may submit to the National Mint and Timbre-Real Casa de la Moneda their requests in the form and time limit that it determines to meet the demand of the public.

The Factory will provide the aforementioned entities with a document to be presented at the Banco de España for the delivery of the parts. After three months from the date of issue of this document without having been presented to the Bank of Spain for the delivery of these coins, the same shall be considered void and without effect; the corresponding pieces, as well as the return to the Banco de España from the market, will be made available to the public and credit institutions.

Both the Banco de España and the credit institutions will distribute these coins by giving the public the same face value as they were issued, lacking the Price of Sale to the Public.

Sixth. Measures for the implementation of this Order.-The Directorate-General of the Treasury and Financial Policy will perform the interpretation of the precepts that will give doubt and will take the measures that are necessary for the application of this Order, acting as a consultative body the Monitoring Committee referred to in the third paragraph of this Order.

Final disposition.

This Order shall enter into force on the day following that of its publication in the Official Gazette of the State.

Madrid, 4 March 2004.

HANGING OUT AND FIGAREDO

Excmo. Mr Governor of the Bank of Spain and Ilmos.

Messrs. Director General of the Treasury and Financial Policy and President-General Manager of the National Mint and Timbre-Real Casa de la Moneda.