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 series of coins of the denominations of fifty pounds and ten pounds 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:

FIFTY POUND GOLD COIN

1. (1) A new coin of gold of the denomination of fifty pounds shall be made, being a coin of a standard weight of 15.597 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 0.045grammes; 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 15.505 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 · 50 POUNDS”, and for the reverse a depiction of a beam balance set against a decorative background with the date of the year accompanied by the inscription “THE GOLD STANDARD” and “· 1/2 OZ FINE GOLD · 999.9 ·”. The coin shall have a grained edge.’

TEN POUND GOLD 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 3.13 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 0.02 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 3.11 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 · 10 POUNDS”, and for the reverse a depiction of a beam balance set against a decorative background with the date of the year accompanied by the inscription “THE GOLD STANDARD” and “· 1/10 OZ FINE GOLD · 999.9 ·”. The coin shall have a grained edge.’

3. This Proclamation shall come into force on the twenty-second day of July Two thousand and twenty-one.

Given at Our Court at Windsor Castle, this twenty-first day of July in the year of Our Lord Two thousand and twenty-one and in the seventieth year of Our Reign.

GOD SAVE THE QUEEN