In 2012 to celebrate the Queens Diamond Jubilee, the Royal Mint on behalf of the Cook Islands released a very Limited Issue Royal Ascot Gold Cup $1 One Dollar Silver Proof Coin struck in solid .999 Silver and weighing one ounce of pure Silver.

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.

• Limited Mintage Worldwide
• Finished to Royal Mint's Proof Quality in Solid Fine .999 Silver
• Celebrating the Queens Diamond Jubilee - Royal Ascot Gold Cup
  
• Encapsulated as Shown