Whereas under section 3(1)(b) and (h) of the Coinage Act 1971 We have power, with the advice of Our Privy Council, by Proclamation to determine the design of coins to be made at Our Mint, and to alter any Proclamation previously made under the said section:

And Whereas by Our Proclamation dated the fourth day of October 1953 We determined, among other matters, the design of coins of the denominations of five pounds, two pounds, sovereign and half sovereign in gold:

And Whereas it appears to Us desirable to determine a new design for the said gold coins:

We, therefore, in pursuance of the said section 3(1)(b) and (h) 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:

1. In paragraph (1) under the heading ‘GOLD COINS’ of Our said Proclamation of the fourth day of October 1953, for ‘Five-Pound Piece- Every five-pound piece shall have for the obverse impression Our effigy with the inscription “ELIZABETH II ∙DEI ∙ GRATIA ∙ REGINA F: D:” and for the reverse the image of Saint George armed, sitting on horseback, attacking the dragon with a sword, and a broken spear upon the ground, and the date of the year. The coins shall have a graining upon the edge.’ there shall be substituted:

‘Five-Pound Piece- Every five-pound piece, shall have for the obverse impression Our effigy with the inscription “· ELIZABETH II ∙ DEI ∙ GRA · REGINA ∙ FID ∙ DEF”, and for the reverse a depiction of Our Royal Coat of Arms and the date of the year. The coin shall have either a grained or plain edge.’

2. In paragraph (2) under the heading ‘GOLD COINS’ of Our said Proclamation of the fourth day of October 1953, for ‘Two-Pound Piece- Every two-pound piece shall have the same obverse and reverse impression and inscription in all respects as the five-pound piece. The coin shall have a graining upon the edge.’ there shall be substituted:

‘Two-Pound Piece- Every two-pound piece shall have the same obverse and reverse impression and inscription in all respects as the five-pound piece. The coin shall have either a grained or plain edge.’

3. In paragraph (3) under the heading ‘GOLD COINS’ of Our said Proclamation of the fourth day of October 1953, for ‘Sovereign- Every sovereign shall have the same obverse and reverse impression and inscription in all respects as the five-pound piece. The coin shall have a graining upon the edge.’ there shall be substituted:

‘Sovereign- Every sovereign shall have the same obverse and reverse impression and inscription in all respects as the five-pound piece. The coin shall have either a grained or plain edge.’

4. In paragraph (4) under the heading ‘GOLD COINS’ of Our said Proclamation of the fourth day of October 1953, for ‘Half-Sovereign- Every half-sovereign shall have the same obverse and reverse impression and inscription in all respects as the five-pound piece. The coin shall have a graining upon the edge’ there shall be substituted:

‘Half-Sovereign- Every half-sovereign shall have the same obverse and reverse impression and inscription in all respects as the five-pound piece. The coin shall have either a grained or plain edge.’

5. This Proclamation shall come into force on the seventeenth day of February Two thousand and twenty-two.

Given at Our Court at Windsor Castle, this sixteenth day of February in the year of our Lord Two thousand and twenty-two and in the seventy-first year of Our Reign.

GOD SAVE THE QUEEN