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, and 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 denominations of one hundred pounds, fifty pounds, twenty-five pounds and ten pounds in gold and a new series of coins of the denominations of ten pounds and two pounds in silver:

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:

ONE HUNDRED POUND GOLD COIN

1. (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 0.118 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 31.06 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 “· CHARLES III · D · G · REX · F · D · 100 POUNDS”, and for the reverse either:

(a) a depiction of a beam balance set against a decorative background accompanied by the inscription “THE GOLD STANDARD”, the date of the year and “· 1OZ FINE GOLD · 999.9 ·”; or

(b) a depiction of Our Royal Arms with the inscription “1OZ FINE GOLD 999.9” and the date of the year.

The coin shall have a grained edge.’

FIFTY POUND GOLD COIN

2. (1) A new coin of gold of the denomination of fifty pounds shall be made, being a coin of a standard weight of 15.6 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 0.048 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 15.54 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 “· CHARLES III · D · G · REX · F · D · 50 POUNDS”, and for the reverse a depiction of a beam balance set against a decorative background accompanied by the inscription “THE GOLD STANDARD”, the date of the year and “· 1/2OZ FINE GOLD · 999.9 ·”. The coin shall have a grained edge.’

TWENTY-FIVE POUND GOLD COIN

3. (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 0.024 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 7.77 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 “· CHARLES III · D · G · REX · F · D · 25 POUNDS” and for the reverse either:

(a) a depiction of Franklin Roosevelt and Winston Churchill in front of the flags of The United States of America and the United Kingdom accompanied by the inscription “UNITED STATES – UNITED KINGDOM A SPECIAL RELATIONSHIP - (the date of the year) - 1/4OZ FINE GOLD 999.9”; or

(b) a depiction of a beam balance set against a decorative background accompanied by the inscription “THE GOLD STANDARD”, the date of the year and “· 1/4OZ FINE GOLD · 999.9 ·”.

The coin shall have a grained edge.’

TEN POUND GOLD COIN

4. (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 0.018 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 “· CHARLES III · D · G · REX · F · D · 10 POUNDS”, and for the reverse either:

(a) a depiction of a beam balance set against a decorative background accompanied by the inscription “THE GOLD STANDARD”, the date of the year and “· 1/10OZ FINE GOLD · 999.9 ·”; or

(b) a depiction of Our Royal Arms with the inscription “1/10OZ FINE GOLD 999.9” and the date of the year.

The coin shall have a grained edge.’

TEN POUND SILVER COIN

5. (1) A new coin of silver of the denomination of ten pounds shall be made, being a coin of a standard weight of 311.53 grammes, a standard diameter of 89 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 0.566 grammes; and

(b) a variation from the said standard diameter of 0.3 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 “· CHARLES III · D · G · REX · F · D · 10 POUNDS”, and for the reverse a depiction of Our Royal Arms with the inscription “10OZ 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 the payment of any amount in any part of Our United Kingdom.

TWO POUND SILVER COIN

6. (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 0.12 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 “· CHARLES III · D · G · REX · F · D · 2 POUNDS”, and for the reverse either:

(a) a depiction of Franklin Roosevelt and Winston Churchill in front of the flags of the United States of America and the United Kingdom accompanied by the inscription “UNITED STATES – UNITED KINGDOM A SPECIAL RELATIONSHIP - (the date of the year) - 1OZ FINE SILVER 999”; or

(b) a depiction of Our Royal Arms with the inscription “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 the payment of any amount in any part of Our United Kingdom.

7. This Proclamation shall come into force on the fifteenth day of December Two thousand and twenty-two.

Given at Our Court at Buckingham Palace, this fourteenth day of December in the year of Our Lord Two thousand and twenty-two and in the first year of Our Reign.

GOD SAVE THE KING