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Law 62/2003, of December 30, of fiscal, administrative and social order measures, in Article 102, amended Article 81 of Law 42/1994 of 30 December 1994 on fiscal, 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 at the order of the Ministry of Economy (sic), which, in accordance with the Community provisions, will fix the characteristics of the coins, their facial values and the initial dates of the issue and, where appropriate, the sales prices to the public.
Article 12 of Royal Decree 1887/2011 of 30 December, establishing the basic organic structure of the ministerial departments, suppresses the Directorate General of the Treasury and Financial Policy, whose powers are assumed by the General Secretariat of the Treasury and Financial Policy, a management body in the Secretariat of State for Economic and Enterprise Support of the Ministry of Economy and Competitiveness.
Article 3.1.a) of Royal Decree 345/2012 of 10 February, 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, the basic organic structure of the ministerial departments is established, he attributes, to the General Secretariat of the Treasury and Financial Policy, in addition to the competences recognized in the legislation in force, among others, the one of coin minting and Point 1 (i) of the same Article, representation in the European Coin Sub-Committee ("Eurocoin Subcommittee").
On March 19, 1812, the Spanish Cortes, gathered in Cadiz, approved the first democratic constitution in the history of Spain. Commemorating this event, a collection coin is issued.
In its virtue, I have:
Article 1. Emission agreement.
It is agreed, for the year 2012, the issuance, minting and putting into circulation of collection coins "Bicentennial of the Constitution of 1812".
Article 2. Features of the parts.
Currency of 10 euro face value (8 reais, silver of 925 thousandths, remaining copper).
Tolerances in laws: Minimum of 925 thousandths of silver.
Weight: 27 g with a tolerance in more or less than 0.27 g.
Diameter: 40 mm.
Shape: Circular with striatum.
Quality: Proof.
Reasons:
In the front, the effigy of Her Majesty King Don Juan Carlos is reproduced. Surrounding it, in circular sense and in capital letters, the legend JOHN CARLOS I KING OF SPAIN. At the bottom of the coin, between two points, the year of coinage, 2012. It rounds out the motifs and legends a pearl graffiti.
On the back is an image of the Monument to the Cortes, Constitution and Site of Cadiz, the work of the architect Modesto López Otero and the sculptor Aniceto Marinas, which rises in the Plaza de España, in the city of Cadiz. To the left, in two lines and in capital letters, the value of the piece, 10 EURO. On the right, the mark of Ceca. Below, in capital letters, the BICENTENARIO legend. In the upper part of the coin, in circular sense and in capital letters, the legend CONSTITUTION OF CADIZ 1812. At the bottom of the coin, on both sides of the Monument, in ascending circular sense, two groups of three stars. Surround the motifs and legends a pearl graffiti.
Article 3. Maximum number of parts.
The maximum print run of the pieces that will be joined will be 10,000.
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 coins of the 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 start date of issue will be the first quarter of 2012.
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 Treasury, and once acquired, will proceed to its marketing through the process indicated to continuation.
Article 6. Marketing process.
The National Mint and Timbre-Real Casa de la Moneda will proceed to the marketing of these coins, by themselves or through entities contracted to the effect, that will be committed to vending them to the public regularly, thus as for your export.
Article 7. Sales prices to the public.
The initial sale price to the public of the currency will be EUR 50, excluding VAT.
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. Percentage of the arithmetic average of the daily contributions of the month preceding that effect, modifying the values of the metals used and, therefore, the initial selling price to the established public, the General Secretariat of the Treasury and Policy Financial, in accordance with such quotations, may revise the initial price of this currency, 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, acting as a consultative body, a Follow-up Commission, composed of the Secretariat. General, by the Banco de España and by the National Mint and Timbre-Real Casa de la Moneda, through the persons that these entities designate to the effect.
Single end disposition. Entry into force.
This order shall enter into force on the day following that of its publication in the "Official State Gazette".
Madrid, April 3, 2012. -Minister of Economy and Competitiveness, Luis de Guindos Jurado.
