Proclamations

Coinage Act 19712022-05-052022-05-13TSO (The Stationery Office), customer.services@thegazette.co.uk406363763697

BY THE QUEEN A PROCLAMATION DETERMINING THE SPECIFICATIONS AND DESIGNS FOR A NEW SERIES OF ONE HUNDRED POUND AND TWENTY-FIVE POUND GOLD COINS; A NEW SERIES OF TEN POUND AND FIVE POUND SILVER COINS; AND A NEW SERIES OF ONE HUNDRED POUND PLATINUM COINS ELIZABETH R.

Whereas under section 3(1)(a), (b), (c), (cc), (cd), (d) and (dd) 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, to provide for the manner of measurement of the variation from the standard weight of coins, and to determine the percentage of impurities which such coins may contain:

And Whereas under section 3(1)(f) and (ff) of the Coinage Act 1971 We have power, with the advice of Our Privy Council, by Proclamation to direct that coins made at Our Mint other than gold, silver, cupro-nickel and bronze coins shall be current and that any coin shall be legal tender for the payment of any amount:

And Whereas under section 6(2) of the Coinage Act 1971 We have power, with the advice of Our Privy Council, by Proclamation to prescribe the composition of the standard trial plates to be used for determining the justness of coins of any metal other than gold, silver or cupro-nickel:

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

We, therefore, in pursuance of the said section 3(1)(a), (b), (c), (cc), (cd), (d), (dd), (f) and (ff), the said section 6(2), 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 “· ELIZABETH II · D · G · REG · F · D · 100 POUNDS”, and for the reverse a depiction of the Bull of Clarence with the inscription “BULL OF CLARENCE · 1OZ · FINE GOLD · 999.9” 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 “· ELIZABETH II · D · G · REG · F · D · 25 POUNDS”, and for the reverse a depiction of the Bull of Clarence with the inscription “BULL OF CLARENCE · 1/4OZ · FINE GOLD · 999.9” and the date of the year. The coin shall have a grained edge.’

TEN POUND SILVER COIN

3. (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 999.9 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 “· ELIZABETH II · D · G · REG · F · D · 10 POUNDS”, and for the reverse a depiction of the Bull of Clarence with the inscription “BULL OF CLARENCE · 10OZ · FINE SILVER · 999.9” and the date of the year. The coin shall have a grained edge.’

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

FIVE POUND SILVER COIN

4. (1) A new coin of silver of the denomination of five pounds shall be made, being a coin of a standard weight of 62.42 grammes, a standard diameter of 38.61 millimetres, a standard composition of not less than 999.9 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 0.228 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 “· ELIZABETH II · D · G · REG · F · D · 5 POUNDS”, and for the reverse the Bull of Clarence with the inscription “BULL OF CLARENCE · 2OZ · FINE SILVER· 999.9” and the date of the year. The coin shall have a grained edge.’

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

ONE HUNDRED POUND PLATINUM COIN

5. (1) A new coin of platinum 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, and being circular in shape.

(2) In the making of the said platinum 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 said platinum coin may contain impurities of five-tenths of one per centum.

(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 composition of the standard trial plates to be used for determining the justness of the said platinum coin shall be pure platinum.

(6) The design of the said platinum coin shall be as follows:

‘For the obverse impression Our effigy with the inscription “· ELIZABETH II · D · G · REG · F · D · 100 POUNDS”, and for the reverse a depiction of the Bull of Clarence with the inscription “BULL OF CLARENCE · 1OZ · FINE PLATINUM · 999.5” and the date of the year. The coin shall have a grained edge.’

(7) The said platinum coin shall be current and shall be legal tender for payment of any amount in any part of Our United Kingdom.

6. This Proclamation shall come into force on the twelfth day of May Two thousand and twenty-two.

Given at Our Court at Windsor Castle, this eleventh day of May in the year of Our Lord Two thousand and twenty-two and in the seventy-first year of Our Reign.

GOD SAVE THE QUEEN