Proclamations

Coinage Act 19712024-05-152024-05-24TSO (The Stationery Office), customer.services@thegazette.co.uk462398664407

BY THE KING A PROCLAMATION DETERMINING THE SPECIFICATIONS AND DESIGN FOR A NEW SERIES OF FIFTY POUND, TWENTY-FIVE POUND, AND TEN POUND GOLD COINS; AND A NEW SERIES OF TEN POUND, ONE POUND, FIFTY PENCE AND TWENTY PENCE SILVER COINS CHARLES 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, 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 fifty pounds, twenty-five pounds and ten pounds in gold, and a new series of coins of the denominations of ten pounds, one pound, fifty pence and twenty pence 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:

FIFTY POUND GOLD COIN

1. (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 the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” and the date of the year. The coin shall have a grained edge.’

TWENTY FIVE POUND GOLD COIN

2. (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 the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” and the date of the year. The coin shall have a grained edge.’

TEN POUND GOLD COIN

3. (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 the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” and the date of the year. The coin shall have a grained edge.’

TEN POUND SILVER COIN

4. (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 1.8 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 · 10 POUNDS ·” and the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” 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.

ONE POUND SILVER COIN

5. (1) A new coin of silver of the denomination of one pound shall be made, being a coin of a standard weight of 15.71 grammes, a standard diameter of 27 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) variation from the said standard weight of an amount per coin of 0.186 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 · 1 POUND ·” and the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” 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.

FIFTY PENCE SILVER COIN

6. (1) A new coin of silver of the denomination of fifty pence shall be made, being a coin of a standard weight of 7.86 grammes, a standard diameter of 22 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 0.092 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 · 50 PENCE ·” and the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” 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.

TWENTY PENCE SILVER COIN

7. (1) A new coin of silver of the denomination of twenty pence shall be made, being a coin of a standard weight of 3.15 grammes, a standard diameter of 16.5 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 0.036 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 · 20 PENCE ·” and the date of the year, and for the reverse a depiction of a lion and an eagle surrounded by a laurel wreath with the inscription “THE LION AND THE EAGLE” 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.

8. This Proclamation shall come into force on the twenty-third day of May Two thousand and twenty-four.

Given at Our Court at Buckingham Palace this twenty-second day of May in the year of Our Lord Two thousand and twenty-four and in the second year of Our Reign.

GOD SAVE THE KING