3
THURSDAY, MAY 8, 1975
COMPUTER BAI LOT HELD FOR ROYAL VISIT GOLD COINS.
******
A BALLOT BY COMPUTER HAS BEEN HELD TO DETERMINE SUCCESSFUL APPLICANTS OF ROYAL VISIT COMMEMORATIVE GOLD COINS, AND APPLICANTS WILL BE NOTIFIED INDIVIDUALLY AFTER NEXT WEEK.
SLIGHTLY MORE THAN HALF THE 20,000 GOLD COINS MINTED WILL BE ALLOCATED TO HONG KONG APPLICANTS CONSISTING OF 8,200 UNCIRCULATED AND 2,500 PROOF COINS.
AS THE ISSUE HAS BEEN HEAVILY OVERSUBSCRIBED. NO APPLICANT WILL BE ALLOTED MORE THAN ONE COIN. APPLICATIONS FOR 9,191 PROOF AND 20,802 UNCIRCULATED COINS HAD BEEN RECEIVED WHEN APPLICATIONS CLOSED ON APRIL 28 -- NEARLY 10,000 MORE THAN THE MAXIMUM 20,000 COINS MINTED (5,000 PROOF AND 15,000 UNCIRCULATED). A GOVERNMENT SPOKESMAN SAID TODAY THAT PROCESSING OF THE BALLOT RESULTS WAS GOING AHEAD AT TOP SPEED BUT BECAUSE OF THE ENORMOUS AMOUNT OF WORK INVOLVED APPLICANTS WERE UNLIKELY TO RECEIVE ANY NOTIFICATION BEFORE THE END OF NEXT WEEK.
THE FINAL CONSIGNMENT OF UNCIRCULATED COINS SHOULD ARRIVE THIS WEEK, HE SAID, BUT SUCCESSFUL APPLICANTS FOR PROOF COINS MAY HAVE TO WAIT UNTIL JUNE BEFORE RECEIVING THEIR COINS.
CHEQUES IN RESPECT OF SUCCESSFUL APPLICANTS WILL BE PRESENTED FOR PAYMENT DURING THE NEXT FOURTEEN DAYS. +THIS PERIOD IS NECESSARILY LONG AS SUCCESSFUL PROOF APPLICANTS WILL BE GIVEN AN OPPORTUNITY TO WITHDRAW THEIR APPLICATIONS IF THEY DO NOT WISH TO WAIT UNTIL JUNE BEFORE RECEIVING A COIN,+ HE SAID.
WHERE NECESSARY, HE ADDED, ARRANGEMENTS WILL BE MADE TO REFUND THE DIFFERENCE BETWEEN THE AMOUNT OF A CHEQUE AND THE COST OF THE COIN ALLOCATED. CHEQUES SUPPORTING UNSUCCESSFUL APPLICATIONS WILL BE RETURNED TO THE APPLICANTS AS SOON AS POSSIBLE.
0-
14'..