14/05/2012 13:31 BST | Updated 14/05/2012 13:34 BST

Queen Waxwork Unveiled At Madame Tussaud's Ahead Of Jubilee Celebrations

In the run up to next month's Diamond Jubilee, there have been all sorts of tributes paid to the second-longest reigning monarch in British history.

The latest is a brand new waxwork of the 86-year-old Queen, unveiled on Monday at Madame Tussaud's in London.

Created by sculptor Steven Swales and a team of 20, the waxwork, as it should do, represents an updated impression of Her Majesty.

The figure cost approximately £150,000 to create, due in part to the white lace dress which is studded with 53,000 Swarovski crystals.

Rumours that she could be used as a decoy for less exciting royal visits are unconfirmed.

Click through the slideshow below to see more pictures of the new waxwork...