Proclamations

Coinage Act 19712021-07-152021-07-23TSO (The Stationery Office), customer.services@thegazette.co.uk384575063425

BY THE QUEEN A PROCLAMATION DETERMINING THE SPECIFICATIONS AND DESIGNS FOR A NEW SERIES OF FIVE THOUSAND POUND GOLD COINS; A NEW SERIES OF FIVE HUNDRED POUND GOLD PIEDFORT COINS; AND A NEW SERIES OF TEN POUND SILVER PIEDFORT COINS ELIZABETH R.

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, 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 denomination of five thousand pounds in gold, a new series of coins of the denomination of five hundred pounds in gold piedfort and a new series of coins of the denomination of ten pounds in silver piedfort:

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 THOUSAND POUND GOLD COIN

1. (1) A new coin of gold of the denomination of five thousand pounds shall be made, being a coin of a standard weight of 5040 grammes, a standard diameter of 175 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 39.95 grammes; and

(b) a variation from the said standard diameter of 0.5 millimetres per coin.

(3) The least current weight of the said gold coin shall be 4960 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 · 5000 POUNDS ·” and the date of the year, and for the reverse either:

(a) a depiction of ten heraldic beasts encircling Our effigy, with the inscription “THE QUEEN’S BEASTS” and the date of the year; or

(b) a depiction of James Bond’s car accompanied by the 007 logo.

The coin shall have a plain edge.’

FIVE HUNDRED POUND GOLD PIEDFORT COIN

2. (1) A new coin of gold of the denomination of five hundred pounds shall be made, being a coin of a standard weight of 312.521 grammes, a standard diameter of 65 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 1.5 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 311 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 a depiction of James Bond’s car accompanied by the 007 logo. The coin shall have a grained edge.’

TEN POUND SILVER PIEDFORT COIN

3. (1) A new coin of silver of the denomination of ten pounds shall be made, being a coin of a standard weight of 312.59 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 1.75 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 the date of the year, and for the reverse a depiction of James Bond’s car accompanied by the 007 logo. 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.

4. 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