Proclamations

Coinage Act 19712020-02-072020-02-14TSO (The Stationery Office), customer.services@thegazette.co.uk348933462919

BY THE QUEEN A PROCLAMATION DETERMINING THE SPECIFICATIONS AND DESIGNS FOR A NEW SERIES OF ONE THOUSAND POUND, FIVE HUNDRED POUND, TWO HUNDRED POUND, ONE HUNDRED POUND, ONE HUNDRED POUND BULLION AND TWENTY-FIVE POUND GOLD COINS; A NEW SERIES OF FIVE POUND, TWO POUND, TWO POUND BULLION AND ONE POUND SILVER COINS; AND A NEW SERIES OF FIVE POUND CUPRO-NICKEL COINS ELIZABETH R.

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 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, 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 contain:

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, five hundred pounds, two hundred pounds, one hundred pounds, one hundred pounds bullion and twenty-five pounds in gold, a new series of coins of the denominations of five pounds, two pounds, two pounds bullion and one pound in silver, and a new series of coins of the denomination of five pounds in cupro-nickel:

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 GOLD 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 least current weight of the said gold coin shall be 995 grammes.

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

(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 ·”, and the date of the year, and for the reverse either:

(a) Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”; or

(b) a keyboard, drum, bass and electric guitar accompanied by a microphone and the inscription “QUEEN”.

The coin shall have a piano key patterned edge.’

FIVE HUNDRED POUND GOLD COIN

2. (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 least current weight of the said gold coin shall be 154.5 grammes.

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

(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 the date of the year, and for the reverse either:

(a) Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”; or

(b) a keyboard, drum, bass and electric guitar accompanied by a microphone and the inscription “QUEEN”.

The coin shall have a grained edge.’

TWO HUNDRED POUND GOLD COIN

3. (1) A new coin of gold of the denomination of two hundred pounds shall be made, being a coin of a standard weight of 62.42 grammes, a standard diameter of 40 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 0.5 grammes; and

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

(3) The least current weight of the said gold coin shall be 61.8 grammes.

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

(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 · 200 POUNDS ·”, and the date of the year, and for the reverse either:

(a) Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”; or

(b) a keyboard, drum, bass and electric guitar accompanied by a microphone and the inscription “QUEEN”.

The coin shall have a grained edge.’

ONE HUNDRED POUND GOLD COIN

4. (1) A new coin of gold of the denomination of one hundred pounds shall be made, being a coin of a standard weight of 31.21 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 least current weight of the said gold coin shall be 31.01 grammes.

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

(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 the date of the year, and for the reverse Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”. The coin shall have a grained edge.’

ONE HUNDRED POUND BULLION GOLD COIN

5. (1) A new coin of gold of the denomination of one hundred pounds shall be made, being a coin of a standard weight of 31.21 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 least current weight of the said gold coin shall be 31.01 grammes.

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

(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 a keyboard, drum, bass and electric guitar accompanied by a microphone, with the inscription “QUEEN” and “1OZ FINE GOLD 999.9” and the date of the year. The coin shall have a grained edge.’

TWENTY-FIVE POUND GOLD COIN

6. (1) A new coin of gold of the denomination of twenty-five pounds shall be made, being a coin of a standard weight of 7.8 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 least current weight of the said gold coin shall be 7.75 grammes.

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

(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 the date of the year, and for the reverse Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”. The coin shall have a grained edge.’

FIVE POUND SILVER COIN

7. (1) A new coin of silver of the denomination of five pounds shall be made, being a coin of a standard weight of 62.42 grammes, a standard diameter of 40 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 1.10 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 POUNDS ·”, and the date of the year and for the reverse either:

(a) Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”; or

(b) a keyboard, drum, bass and electric guitar accompanied by a microphone and the inscription “QUEEN”.

The coin shall 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 SILVER COIN

8. (1) A new coin of silver of the denomination of two pounds shall be made, being a coin of a standard weight of 31.21 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 the date of the year, and for the reverse Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”. The coin shall have a plain edge with a decorative star pattern and in incuse letters the inscription “ELTON JOHN”.’

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

TWO POUND BULLION SILVER 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 31.21 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 a keyboard, drum, bass and electric guitar accompanied by a microphone, with the inscription “QUEEN” and “1OZ FINE SILVER 999” and the date of the year. The coin shall 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 SILVER 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 15.71 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 0.16 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 the date of the year, and for the reverse Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”. The coin shall 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.

FIVE POUND CUPRO-NICKEL COIN

11. (1) A new coin of cupro-nickel of the denomination of five pounds shall be made, being a coin of a standard weight of 28.28 grammes, a standard diameter of 38.61 millimetres, a standard composition of seventy-five per centum copper and twenty-five per centum nickel, and being circular in shape.

(2) In the making of the said cupro-nickel coin a remedy (that is, a variation from the standard weight, diameter or composition 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 0.75 grammes;

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

(c) a variation from the said standard composition of two per centum copper and two per centum nickel.

(3) The said cupro-nickel coin may contain impurities of three-quarters of one per centum.

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

(5) The design of the said cupro-nickel coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 5 POUNDS ·” and the date of the year, and for the reverse Elton John’s boater hat, glasses and bow tie set against a union flag and the inscription “ELTON JOHN”. The coin shall have a grained edge.’

(6) The said cupro-nickel coin shall be legal tender for the payment of any amount in any part of Our United Kingdom.

12. This Proclamation shall come into force on the thirteenth day of February Two thousand and twenty.

Given at Our Court at Buckingham Palace, this twelfth day of February in the year of Our Lord Two thousand and twenty and in the sixty-ninth year of Our Reign.

GOD SAVE THE QUEEN