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 five pounds, two pounds, sovereign, half-sovereign and quarter-sovereign 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:

FIVE POUND GOLD COIN

1. (1) A new coin of gold of the denomination of five pounds shall be made, being a coin of a standard diameter of 36.02 millimetres, and being circular in shape.

(2) In the making of the said gold coin a remedy (that is, a variation from the standard diameter specified above) shall be allowed of an amount not exceeding 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.

TWO POUND GOLD COIN

2. (1) A new coin of gold of the denomination of two pounds shall be made, being a coin of a standard diameter of 28.4 millimetres, and being circular in shape.

(2) In the making of the said gold coin a remedy (that is, a variation from the standard diameter specified above) shall be allowed of an amount not exceeding 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.

SOVEREIGN GOLD COIN

3. (1) A new coin of gold of the denomination of a sovereign shall be made, being a coin of a standard diameter of 22.05 millimetres, and being circular in shape.

(2) In the making of the said gold coin a remedy (that is, a variation from the standard diameter specified above) shall be allowed of an amount not exceeding 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.

HALF-SOVEREIGN GOLD COIN

4. (1) A new coin of gold of the denomination of half-sovereign shall be made, being a coin of a standard diameter of 19.3 millimetres, and being circular in shape.

(2) In the making of the said gold coin a remedy (that is, a variation from the standard diameter specified above) shall be allowed of an amount not exceeding 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.

QUARTER-SOVEREIGN GOLD COIN

5. (1) A new coin of gold of the denomination of quarter-sovereign shall be made, being a coin of a standard weight of 1.997 grammes, a standard diameter of 13.5 millimetres, a millesimal fineness of 916.7 and being circular in shape.

(2) In the making of the said gold coin a remedy (that is, a variation from the standard weight, diameter or fineness 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 0.012 grammes;

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

(c) a variation from the said millesimal fineness of two per mille.

(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 least current weight of the said gold coin shall be 1.98 grammes.

DESIGN OF THE COINS

6. The design of the said five pound, two pound, sovereign, half-sovereign and quarter-sovereign gold coins shall be as follows:

‘For the obverse impression Our effigy with the inscription “· CHARLES III · DEI · GRA · REX · FID · DEF” and for the reverse a depiction of St George armed, sitting on horseback, attacking a dragon with a sword, and a broken spear upon the ground, and the date of the year. The coins shall have a grained or plain edge.’

7. This Proclamation shall come into force on the ninth day of March Two thousand and twenty-three.

Given at Our Court at Buckingham Palace, this eighth day of March in the year of Our Lord Two thousand and twenty-three and in the first year of Our Reign.

GOD SAVE THE KING