Whereas under section 3(1)(a), (b), (cc), (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 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 determine the percentage of impurities which such coins may contain:

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 coins of the denomination of five pounds in gold, in silver and in cupro-nickel:

We, therefore, in pursuance of the said section 3(1)(a), (b), (cc), (d), (dd) 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:

GOLD COIN

1. A new coin of gold of the denomination of five pounds shall be made, being a coin of a standard diameter of 38.61 millimetres, and being circular in shape.

SILVER COIN

2. (1) A new coin of silver of the denomination of five pounds shall be made, being a coin of a standard weight of 28.28 grammes, a standard diameter of 38.61 millimetres, a standard composition of 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, composition or dimensions 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 0.435 grammes;

(b) a variation from the said standard composition of five parts per thousand fine silver; and

(c) a variation from the said standard diameter of 0.125 millimetres per coin.

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

SILVER PIEDFORT COIN

3. (1) A new coin of silver of the denomination of five pounds shall be made, being a coin of a standard weight of 56.56 grammes, a standard diameter of 38.61 millimetres, a standard composition of 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, composition or dimensions 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 0.22 grammes;

(b) a variation from the said standard composition of five parts per thousand fine silver; and

(c) a variation from the said standard diameter of 0.125 millimetres per coin.

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

CUPRO-NICKEL COIN

4. (1) A new coin of cupro-nickel of the denomination of five pounds shall be made, being a coin of a standard weight of 28.28 grammes, a standard diameter of 38.61 millimetres, a standard composition of seventy-five per centum copper and twenty-five per centum nickel, and being circular in shape.

(2) In the making of the said cupro-nickel coin a remedy (that is, a variation from the standard weight, composition or dimensions 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 0.75 grammes;

(b) a variation from the said standard composition of two per centum copper and two per centum nickel; and

(c) a variation from the said standard diameter of 0.125 millimetres per coin.

(3) The said cupro-nickel coin may contain impurities of three-quarters of one per centum.

(4) The said cupro-nickel coin shall be legal tender for the payment of any amount in any part of Our United Kingdom.

DESIGN OF THE COINS

5. The design of the said coins shall be as follows:

‘For the obverse impression Our effigy with the inscription “ · ELIZABETH II · D · G · REG · FID · DEF · 5 POUNDS”, and for the reverse either:

(a) a stylised portrait of Canute accompanied by the inscription “1017 KING CANUTE 2017”. The said coin shall have a grained edge, except for the gold and silver coin which shall have a plain edge and in incuse letters the inscription “TIME AND TIDE WAIT FOR NO MAN”; or

(b) a depiction of the crowned badge of the House of Windsor surrounded by a garland of oak leaves, accompanied by the inscription “ · CENTENARY OF THE HOUSE OF WINDSOR · ” and the date of the year. The said coin shall have a grained edge, except for the gold and silver coin which shall have a plain edge and in incuse letters the inscription “THE CHRISTENING OF A DYNASTY”.’

6. This Proclamation shall come into force on the seventeenth day of November Two thousand and sixteen.

Given at Our Court at Buckingham Palace, this sixteenth day of November in the year of Our Lord Two thousand and sixteen and in the sixty-fifth year of Our Reign.

GOD SAVE THE QUEEN