BY THE QUEEN

A PROCLAMATION

DETERMINING THE SPECIFICATIONS AND DESIGNS FOR A ONE THOUSAND POUND GOLD COIN AND A FIVE-HUNDRED POUND SILVER COIN CELEBRATING LONDON 2012

ELIZABETH R.

Whereas under section 3(1)(a), (b), (c), (cc) 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 Whereas under section 3(1)(cd) of the Coinage Act 1971, as amended by the Coinage (Measurement) Act 2011, We have power, with the advice of our Privy Council, by Proclamation to provide for the manner of measurement of the variation from the standard weight for 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, to celebrate London 2012, there should be made at Our Mint a coin of the denomination of one thousand pounds in gold and a coin of the denomination of five hundred 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 THOUSAND POUND COIN

1. (1) A new coin of gold of the denomination of one thousand pounds shall be made, being a coin of a standard weight of 1010 grammes, a standard diameter of 100 millimetres, a millesimal fineness of not less than 999, 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 10 grammes; and

(b) a variation from the said standard diameter of 0.20 millimetres per coin.

(3) The variation from the standard weight referred to in paragraph 2(a) will be measured by weighing each coin separately.

(4) The least current weight of the said gold coin shall be 995 grammes.

(5) The design of the said gold coin, which takes the theme of individual sporting achievements, shall be as follows:

‘For the obverse impression Our effigy with the inscription “ELIZABETH ∙ II ∙ D ∙ G ∙ REG ∙ F ∙ D 1000 POUNDS ∙ 2012”, and for the reverse a design depicting individual pieces of sporting equipment partly encircled by a laurel wreath of victory. The coin will have a plain edge’.

FIVE-HUNDRED POUND COIN

2. (1) A new coin of silver of the denomination of five-hundred pounds shall be made, being a coin of a standard weight of 1010 grammes, a standard diameter of 100 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 10 grammes; and

(b) a variation from the said standard diameter of 0.20 millimetres per coin.

(3) The variation from the standard weight referred to in paragraph 2(a) will be measured by weighing each coin separately.

(4) The design of the said silver coin, themed around team sporting achievements, shall be as follows:

‘For the obverse impression Our effigy with the inscription “ELIZABETH ∙ II ∙ D ∙ G ∙ REG ∙ F ∙ D 500 POUNDS ∙ 2012”, and for the reverse a design consisting of celebratory pennants and the inscription “XXX OLYMPIAD” surrounded by the epigram “UNITE OUR DREAMS TO MAKE THE WORLD A TEAM OF TEAMS”. The coin will have a graining upon the edge’.

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

3. This Proclamation shall come into force on the seventeenth day of November Two thousand and eleven, save for paragraphs 1(3) and 2(3) which shall come into force upon the coming into force of the Coinage (Measurement) Act 2011.

Given at Our Court at Buckingham Palace, this sixteenth day of November in the year of our Lord Two thousand and eleven and in the sixtieth year of Our Reign.

GOD SAVE THE QUEEN