Whereas under section 3(1)(a), (b), (c), (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 provide for the manner of measurement of the variation from the standard weight of coins:

And Whereas it appears to Us desirable to order that there should be made at Our Mint a new coin of the denomination of one pound in gold:

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

PIEDFORT SOVEREIGN

1. (1) A new coin of gold of the denomination of one pound shall be made, being a coin of a standard weight of 15.976 grammes, a standard diameter of 22.05 millimetres, a millesimal fineness of not more than 916.7, 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 0.030 grammes;

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

(c) a variation from the said millesimal fineness of two per mille.

(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 15.946 grammes.

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

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · DEI · GRA · REG · FID · DEF · 2017”, and for the reverse the image of St George armed, sitting on horseback, attacking the dragon with a broken spear surrounded by the inscription “HONI · SOIT · QUI · MAL · Y · PENSE ·”. The coin shall have a grained edge.’

2. This Proclamation shall come into force on the fourth day of May Two thousand and seventeen.

Given at Our Court at Buckingham Palace, this third day of May in the year of Our Lord Two thousand and seventeen and in the sixty-sixth year of Our Reign.

GOD SAVE THE QUEEN