Advanced Search

Order Ecc/700/2015, Of 14 April, That Agreed Issue, Minting And Putting Into Circulation Of Coins Of The Iii Series Of "cities Spanish Heritage".

Original Language Title: Orden ECC/700/2015, de 14 de abril, por la que se acuerda la emisión, acuñación y puesta en circulación de monedas de colección de la III Serie de "Ciudades Españolas Patrimonio de la Humanidad".

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.

TEXT

Law 62/2003 of 30 December on Tax, Administrative and Social Order, in Article 102, amended Article 81 of Law 42/1994 of 30 December 1994 on Tax, Administrative and Social Measures, giving new terminology in relation to commemorative and collector coins, in accordance with the terminology used in European provisions and regulations.

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 and Competitiveness, which, in accordance with the European provisions, will determine the characteristics of the coins, their facial values and the original dates. of the issue and, where applicable, the sales prices to the public.

Article 5 of Regulation (EU) No 651/2012 of the European Parliament and of the Council of 4 July 2012 on the issue of euro coins, regulates the issuance of collector coins.

Article 3.1.a) and 3.1.m) of Royal Decree 345/2012 of 10 February 2012 (for which the basic organic structure of the Ministry of Economy and Competitiveness is developed and amended by Royal Decree 1887/2011 of 30 December 2011). establishing the basic organic structure of the ministerial departments), in the new wording given by the second article, paragraph 3 of Royal Decree 672/2014, of 1 August, (amending Royal Decree 1887/2011, of December 30, by which the basic organic structure of the departments is established ministerial and Royal Decree 345/2012, of 10 February, for which the basic organic structure of the Ministry of Economy and Competitiveness is developed and the Royal Decree 1887/2011, of 30 December, for which the (a) the basic organic structure of the ministerial departments), he attributes, to the General Secretariat of the Treasury and Financial Policy, in addition to the powers recognized in the legislation in force, and, among others, the coinage of currency and the representation in the European Coin Sub-Committee (Eurocoin Subcommittee).

The III series of coins of collection called "Cities Spanish Heritage of Humanity" is issued, dedicated to the cities of Santiago de Compostela, Segovia, Tarragona, Toledo and Ubeda, inscribed on the Heritage List World.

In its virtue, I have:

Article 1. Emission agreement.

It is agreed, for the year 2015, the issuance, minting and putting into circulation of coins of collection of the III Series of "Spanish Cities Heritage of Humanity".

Article 2. Features of the parts.

5 euro face value coin (5 pieces, 4 real, 925 thousandths silver, remaining copper).

Tolerance in law: Minimum of 925 thousandths of silver.

Weight: 13.50 g with a tolerance in more or less than 0.20 g.

Diameter: 33 mm.

Shape: Circular with striatum.

Quality: Proof.

Reasons:

In the front (common for the five pieces), the logo of the UNESCO is reproduced accompanied, on the right, by the official emblem of the World Heritage Convention. At the top of the coin, circular and in capital letters, the legend SPAIN; at the bottom of the coin, the year of minting 2015.

On the back of the first piece an image of the main facade of the Cathedral of Santiago de Compostela is reproduced. Above the image, the mark of Ceca; on the left, in two lines and in capital letters, the value of the currency 5 EURO; on the right, an allusive motif to the pilgrims. At the top of the coin, in two lines, in circular sense and in capital letters, the legends CITIES PATRIMONY OF HUMANITY and SANTIAGO DE COMPOSTELA.

On the back of the second piece an image of the Roman Aqueduct of Segovia is reproduced. Above the image, in capital letters, the value of the currency 5 EURO; to the left, the mark of Ceca. At the top of the coin, in two lines, circular and in capital letters, the legends HERITAGE CITIES OF HUMANITY and SEGOVIA.

On the back of the third piece is a view of the Roman Amphitheatre of Tarragona. Above the image, in two lines and in capital letters, the value of the coin, 5 EURO; on the right, the legend TARRAGONA and, below, the mark of Ceca. At the top of the coin, in circular sense and in capital letters, the legend HERITAGE CITIES OF HUMANITY.

On the back of the fourth piece a view of the city of Toledo is reproduced. Above the image, two lines and in capital letters, the value of the coin, 5 EURO; on the right, in capital letters, the legend TOLEDO and, below, the mark of Ceca. At the top of the coin, in circular sense and in capital letters, the legend HERITAGE CITIES OF HUMANITY.

On the back of the fifth piece is an image of the main facade of the Sacred Chapel of El Salvador del Mundo, in Ubeda. Above the image, in capital letters the value of the coin, 5 EURO; on the right, the mark of Ceca and, below, in capital letters, the legend UBEDA. At the top of the coin, in circular sense and in capital letters, the legend HERITAGE CITIES OF HUMANITY.

Article 3. Maximum number of parts.

The maximum number of pieces that are joined for each of the reasons will be 7,000 units.

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, by the characteristics of the emission, are of numismatic or museological interest.

Article 4. Initial date of issue.

The initial issue date will take place during the second half of 2015.

Article 5. 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 through the contribution of the representative documents of the coins. minted.

The National Mint and Timbre-Real Casa de la Moneda will pay the face value of these coins, which will be paid to the Public Treasury, and once acquired, will proceed to its marketing through the process that indicates below.

Article 6. Marketing process.

The National Currency and Currency Factory-Real Casa de la Moneda will proceed to the marketing of these coins, both in collections and in isolation, by itself or through entities contracted to the effect, which will be committed to to be regularly sold to the public, as well as for export.

Article 7. Sales prices to the public.

The initial retail price for each piece will be EUR 33, excluding VAT.

These pieces may be sold individually or as collections, in which case the price will be the sum of the individual prices of the pieces that form them.

In the event that, once this provision is in force, the official quotations of the markets corresponding to the precious metals used in their production and coinage, will experience fluctuations exceeding four years. (a) a percentage of the arithmetic average of the daily contributions of the month preceding that period, by modifying the values of the metals used and, therefore, the initial sales prices to the established public, the General Secretariat of the Treasury and Financial policy, in accordance with such contributions, may revise the initial prices of these currencies, up or down, prior to the report of the Banco de España and the National Mint and Timbre-Real Casa de la Moneda.

Article 8. Measures for the application of this Order.

The General Secretariat of the Treasury and Financial Policy will adopt the measures that are necessary for the implementation of this order.

Single end disposition. Effects.

This order will produce effects from the day following your publication in the "Official State Bulletin".

Madrid, April 14, 2015. -Minister of Economy and Competitiveness, Luis de Guindos Jurado.