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6.
SUNDAY, DECEMBER 18, 1977
GOLD COIN APPLICATION FORMS AVAILABLE
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APPLICATION FORMS FOR THE YEAR OF THE HORSE GOLD COIN WILL BE AVAILABLE FROM TOMORROW (MONDAY) AT ALL BRANCHES OF THE HONG KONG AND SHANGHAI BANKING CORPORATION AND THE MERCANTILE BANK LTD.
THE FORMS WILL BE AVAILABLE FOR THREE WEEKS UNTIL JANUARY 7 WHEN APPLICATIONS CLOSE.
THE NUMBER OF THE YEAR OF THE HORSE GOLD COINS WILL BE STRICTLY LIMITED TO NOT MORE THAN 30,000. OF THESE NOT MORE THAN 10,000 PROOFS WILL BE STRUCK.
THE OBVERSE SIDE OF THE COIN CARRIES A PORTRAIT OF THE QUEEN AND THE REVERSE DEPICTS THE HORSE.
THE COIN IS MADE OF 22 CARAT GOLD AND HAS A STANDARD WEIGHT OF 15.976 GRAMMES AND A DIAMETER OF 28.4 MILIMETERS.
EACH COIN HAS A FACE VALUE OF $1,000 AND THE BRILLIANT UNCIRCULATED VERSION WILL BE SOLD AT THIS PRICE. THE PROOF QUALITY COINS WHICH HAVE A FROSTED RELIEF ON A MIRROR BACKGROUND FINISH ARE PRICED AT $1,500.
THE COIN WILL BE PACKAGED IN A PRESENTATION CASE AND ACCOMPANIED BY A DESCRIPTIVE BOOKLET.
MEANWHILE, SCORES OF FORMS HAVE BEEN FILLED IN BY MEMBERS OF THE PUBLIC AT THE GOVERNMENT PUBLICATIONS CENTRE EXPRESSING
INTEREST IN A GOLD COIN COLLECTORS CABINET.
THE PROTOTYPE CABINET WILL BE WITHDRAWN FROM PUBLIC DISPLAY AT THE END OF DECEMBER AND THE GOVERNMENT WILL DECIDE WHETHER DEMAND JUSTIFIES LARGE SCALE PRODUCTION.
THE CABINET HAS 14 WELLS TO ACCOMMODATE SCREW TOP PLASTIC COIN CONTAINERS AS WELL AS A RECESS FOR THE BOOKLETS WHICH ACCOMPANY EACH COIN.
GOLD COINS MARK ING THE YEAR OF THE DRAGON (1976), THE YEAR OF THE SNAKE (1977) AND THE QUEEN'S VISIT TO THE TERRITORY IN 1975 HAVE ALREADY BEEN ISSUED.
GOVERNMENT EXPECTS TO ISSUE A $1,000 GOLD COIN EVERY YEAR UNTIL THE LUNAR NEW YEAR CYCLE OF 12 ANIMALS IS COMPLETE.