Whereas under section 3(1)(a), (b), (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 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 denomination of one penny in silver:

We, therefore, in pursuance of the said section 3(1)(a), (b), (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 PENNY SILVER COIN

1. (1) A new coin of silver of the denomination of one penny shall be made, being a coin of a standard weight of 3.56 grammes, a standard diameter of 20.32 millimetres, a standard composition of not less than 925 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 0.084 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 · DEI · GRA · REX · FID · DEF ·” and for the reverse a depiction of a portcullis with chains royally crowned, being the badge of King Henry VII and His successors, accompanied by the inscription “ONE PENNY” and the date of the year. The coin shall have a plain edge.’

(5) The said silver coin shall be legal tender for the payment of any amount in any part of Our United Kingdom.

2. This Proclamation shall come into force on the twelfth day of October Two thousand and twenty-three.

Given at Our Court at Buckingham Palace, this eleventh day of October in the year of Our Lord Two thousand and twenty-three and in the second year of Our Reign.

GOD SAVE THE KING