Whereas under section 3(1)(a), (b), (c), (cc), (cd), (d) and (dd) of the Coinage Act 1971 We have power, with the advice of Our Privy Council, by Proclamation to determine the denomination, the design and dimensions of coins to be made at Our Mint, to determine the weight and fineness of certain gold coins, the remedy to be allowed in the making of such coins and the least current weight, and to determine the weight and composition of coins other than gold coins or coins of silver of Our Maundy money and the remedy to be allowed in the making of such coins, to provide for the manner of measurement of the variation from the standard weight of coins and to determine the percentage of impurities which such coins may cointain:

And Whereas under section 3(1)(ff) of the Coinage Act 1971 We have power, with the advice of Our Privy Council, by Proclamation to direct that any coin shall be legal tender for the payment of any amount:

And Whereas it appears to Us desirable to order that there should be made at Our Mint a new series of coins of the denominations of one thousand pounds and ten pounds in gold; a new series of coins of the denominations of five hundred pounds, twenty pounds and ten pounds in silver:

We, therefore, in pursuance of the said section 3(1)(a), (b), (c), (cc), (cd), (d), (dd) and (ff), and of all other powers enabling Us in that behalf, do hereby, by and with the advice of Our Privy Council, proclaim, direct and ordain as follows:

ONE THOUSAND POUND COIN

1. (1) A new coin of gold of the denomination of one thousand pounds shall be made, being a coin of a standard weight of 1005 grammes, a standard diameter of 100 millimetres, a millesimal fineness of not less than 999, and being circular in shape.

(2) In the making of the said gold coin a remedy (that is, a variation from the standard weight or diameter specified above) shall be allowed of an amount not exceeding the following, that is to say:

(a) a variation from the said standard weight of an amount per coin of 5 grammes; and

(b) a variation from the said standard diameter of 0.25 millimetres per coin.

(3) The variation from the standard weight will be measured by weighing each coin separately.

(4) The least current weight of the said gold coin shall be 995 grammes.

(5) The design of the said gold coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 1000 POUNDS · 2016 ”, and for the reverse a crowned Royal Cypher above the number “90” encircled by roses accompanied by the inscription “ FULL · OF · HONOUR · AND · YEARS ”. The coins will have a grained edge.’

TEN POUND COIN

2. (1) A new coin of gold of the denomination of ten pounds shall be made, being a coin of a standard weight of 156.295 grammes, a standard diameter of 50 millimetres, a millesimal fineness of not less than 999, and being circular in shape.

(2) In the making of said gold coin a remedy (that is, a variation from the standard weight or diameter specified above) shall be allowed of an amount not exceeding the following, that is to say:

(a) a variation from the said standard weight of an amount per coin of 0.784 grammes; and

(b) a variation from the said standard diameter of 0.125 millimetres per coin.

(3) The variation from the standard weight will be measured as the average of a sample of not more than one kilogram of the coin.

(4) The least current weight of the said gold coin shall be 154.5 grammes.

(5) The design of the said gold coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 10 POUNDS · 2016 ”, and for the reverse a crowned Royal Cypher above the number “90” encircled by roses. The coins will have a grained edge.’

FIVE HUNDRED POUND COIN

3. (1) A new coin of silver of the denomination of five hundred pounds shall be made, being a coin of a standard weight of 1005 grammes, a standard diameter of 100 millimetres, a standard composition of not less than 999 parts per thousand fine silver, and being circular in shape.

(2) In the making of the said silver coin a remedy (that is, a variation from the standard weight or diameter specified above) shall be allowed of an amount not exceeding the following, that is to say:

(a) a variation from the said standard weight of an amount per coin of 5 grammes; and

(b) a variation from the said standard diameter of 0.25 millimetres per coin.

(3) The variation from the standard weight will be measured by weighing each coin separately.

(4) The design of the said silver coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 500 POUNDS · 2016 ”, and for the reverse a crowned Royal Cypher above the number “90” encircled by roses accompanied by the inscription “ FULL · OF · HONOUR · AND · YEARS ”. The coins will have a grained edge.’

(5) The said silver coin shall be legal tender for payment of any amount in any part of Our United Kingdom.

TWENTY POUND COIN

4. (1) A new coin of silver of the denomination of twenty pounds shall be made, being a coin of a standard weight of 15.710 grammes, a standard diameter of 27 millimetres, a standard composition of not less than 999 parts per thousand fine silver, and being circular in shape.

(2) In the making of the said silver coin a remedy (that is, a variation from the standard weight or diameter specified above) shall be allowed of an amount not exceeding the following, that is to say:

(a) a variation from the said standard weight of an amount per coin of 0.160 grammes; and

(b) a variation from the said standard diameter of 0.125 millimetres per coin.

(3) The variation from the standard weight will be measured as the average of a sample of not more than one kilogram of the coin.

(4) The design of the said silver coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 20 POUNDS · 2016 ”, and for the reverse a crowned Royal Cypher above the number “90” encircled by roses. The coins will have a grained edge.’

(5) The said silver coin shall be legal tender for payment of any amount in any part of Our United Kingdom.

TEN POUND COIN

5. (1) A new coin of silver of the denomination of ten pounds shall be made, being a coin of a standard weight of 156.295 grammes, a standard diameter of 65 millimetres, a standard composition of not less than 999 parts per thousand fine silver, and being circular in shape.

(2) In the making of the said silver coin a remedy (that is, a variation from the standard weight or diameter specified above) shall be allowed of an amount not exceeding the following, that is to say:

(a) a variation from the said standard weight of an amount per coin of 0.830 grammes; and

(b) a variation from the said standard diameter of 0.125 millimetres per coin.

(3) The variation from the standard weight will be measured as the average of a sample of not more than one kilogram of the coin.

(4) The design of the said silver coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 10 POUNDS · 2016 ”, and for the reverse a crowned Royal Cypher above the number “90” encircled by roses. The coins will have a grained edge.’

(5) The said silver coin shall be legal tender for payment of any amount in any part of Our United Kingdom.

6. This Proclamation shall come into force on the sixteenth day of March Two thousand and sixteen.

Given at Our Court at Buckingham Palace this fifteenth day of March in the year of Our Lord Two thousand and sixteen and in the sixty-fifth year of Our Reign.

GOD SAVE THE QUEEN