In 2012 to celebrate the Queens Diamond Jubilee, the Royal Mint on behalf of the Cook Islands released a very Limited Issue Ascot Gold Cup $1 One Dollar Silver Proof Coin struck in solid .999 Silver and weighing one ounce of pure Silver Certified Slabbed and Graded by PCGS as PR70 DCAM.
The reverse depicts a horse with the outline of the Gold Cup from Ascot in the background while the obverse features a portrait of Her Majesty Queen Elizabeth II by Ian Rank Broadley.
These legal tender coins have been struck to proof quality using specially prepared dies and highly polished blanks.