Whereas under section 3(1)(a), (b), (c), (cc), (cd) and (d) 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 their 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, and to provide for the manner of measurement of the variation from the standard weight of coins:

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 five hundred pounds, one hundred pounds, fifty pounds, twenty-five pounds, ten pounds, one pound and fifty pence in gold, and a new series of coins of the denominations of ten pounds, two pounds, one pound, fifty pence, twenty pence, ten pence and five pence in silver:

We, therefore, in pursuance of the said section 3(1)(a), (b), (c), (cc), (cd), (d) 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:

FIVE HUNDRED POUND COIN

1. (1) A new gold coin of the denomination of five hundred 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 999.9, 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 0.8 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 154.500 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 · 500 POUNDS”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 5 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

ONE HUNDRED POUND COIN

2. (1) A new coin of gold of the denomination of one hundred pounds shall be made, being a coin of a standard weight of 31.210 grammes, a standard diameter of 32.69 millimetres, a millesimal fineness of not less than 999.9, 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 0.15 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 31.010 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 · 100 POUNDS”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

FIFTY POUND COIN

3. (1) A new coin of gold of the denomination of fifty pounds shall be made, being a coin of a standard weight of 15.600 grammes, a standard diameter of 27 millimetres, a millesimal fineness of not less than 999.9, 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 0.045 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 15.505 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 · 50 POUNDS”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/2 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

TWENTY-FIVE POUND COIN

4. (1) A new coin of gold of the denomination of twenty-five pounds shall be made, being a coin of a standard weight of 7.800 grammes, a standard diameter of 22 millimetres, a millesimal fineness of not less than 999.9, 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 0.025 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 7.750 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 · 25 POUNDS”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/4 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

TEN POUND COIN

5. (1) A new coin of gold of the denomination of ten pounds shall be made, being a coin of a standard weight of 3.130 grammes, a standard diameter of 16.5 millimetres, a millesimal fineness of not less than 999.9, 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 0.020 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 3.110 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”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/10 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

ONE POUND COIN

6. (1) A new coin of gold of the denomination of one pound shall be made, being a coin of a standard weight of 1.580 grammes, a standard diameter of 12 millimetres, a millesimal fineness of not less than 999.9, 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 0.020 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 1.560 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 · 1 POUND”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/20 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

FIFTY PENCE COIN

7. (1) A new coin of gold of the denomination of fifty pence shall be made, being a coin of a standard weight of 0.8 grammes, a standard diameter of 8 millimetres, a millesimal fineness of not less than 999.9, 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 0.015 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 0.65 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 · 50 PENCE”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/40 OZ FINE GOLD 999.9 2016”. The coin will have a grained edge.’

TEN POUND COIN

8. (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 0.85 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”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 5 OZ FINE SILVER 999 2016”. The coin 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.

TWO POUND COIN

9. (1) A new coin of silver of the denomination of two pounds shall be made, being a coin of a standard weight of 31.210 grammes, a standard diameter of 38.61 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 0.15 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 · 2 POUNDS”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1 OZ FINE SILVER 999 2016”. The coin 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.

ONE POUND COIN

10. (1) A new coin of silver of the denomination of one pound 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 · 1 POUND”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/2 OZ FINE SILVER 999 2016”. The coin 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.

FIFTY PENCE COIN

11. (1) A new coin of silver of the denomination of fifty pence shall be made, being a coin of a standard weight of 7.860 grammes, a standard diameter of 22 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 0.080 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 · 50 PENCE”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/4 OZ FINE SILVER 999 2016”. The coin will have a grained edge.’

TWENTY PENCE COIN

12. (1) A new coin of silver of the denomination of twenty pence shall be made, being a coin of a standard weight of 3.150 grammes, a standard diameter of 16.50 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 0.035 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 PENCE”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/10 OZ FINE SILVER 999 2016”. The coin will have a grained edge.’

TEN PENCE COIN

13. (1) A new coin of silver of the denomination of ten pence shall be made, being a coin of a standard weight of 1.580 grammes, a standard diameter of 12 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 0.025 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 PENCE”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/20 OZ FINE SILVER 999 2016”. The coin will have a grained edge.’

FIVE PENCE COIN

14. (1) A new coin of silver of the denomination of five pence shall be made, being a coin of a standard weight of 0.8 grammes, a standard diameter of 8 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 0.015 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 · 5 PENCE”, and for the reverse the figure of Britannia holding a trident and shield, with a lion at her feet and the inscription “BRITANNIA 1/40 OZ FINE SILVER 999 2016”. The coin will have a grained edge.’

15. This Proclamation shall come into force on the ninth day of June Two thousand and sixteen.

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

GOD SAVE THE QUEEN