DETERMINING THE SPECIFICATIONS AND DESIGNS FOR A NEW SERIES OF FIVE HUNDRED POUND, ONE HUNDRED POUND, FIFTY POUND, TWENTY-FIVE POUND, TEN POUND, ONE POUND AND FIFTY PENCE GOLD COINS; A NEW SERIES OF FIVE HUNDRED POUND, TEN POUND, TWO POUND, ONE POUND, FIFTY PENCE, TWENTY PENCE, TEN PENCE AND FIVE PENCE SILVER COINS; AND A NEW SERIES OF TWENTY-FIVE 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 five hundred pounds, one hundred pounds, fifty pounds, twenty-five pounds, ten pounds, one pound and fifty pence in gold, a new series of coins of the denominations of five hundred pounds, ten pounds, two pounds, one pound, fifty pence, twenty pence, ten pence and five pence in silver, and a new series of coins of the denomination of twenty-five 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:

FIVE HUNDRED POUND GOLD COIN

1. (1) A new gold coin of the denomination of five hundred pounds shall be made, being a coin of a standard weight of 156.295 grammes, a standard diameter of 50 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 0.8 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 154.5 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 · 500 POUNDS”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 5OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 5OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

ONE HUNDRED POUND GOLD COIN

2. (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 0.15 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 31.01 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 either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

FIFTY POUND GOLD COIN

3. (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 0.045 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 15.505 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 · 50 POUNDS”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/2OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/2OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

TWENTY-FIVE POUND GOLD COIN

4. (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 more 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 0.025 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 7.75 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 either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/4OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/4OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

TEN POUND GOLD COIN

5. (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 0.02 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 “· ELIZABETH II · D · G · REG · F · D · 10 POUNDS”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/10OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/10OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

ONE POUND GOLD COIN

6. (1) A new coin of gold of the denomination of one pound shall be made, being a coin of a standard weight of 1.58 grammes, a standard diameter of 12 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 0.02 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 1.56 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 · 1 POUND”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/20OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/20OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

FIFTY PENCE GOLD COIN

7. (1) A new coin of gold of the denomination of fifty pence shall be made, being a coin of a standard weight of 0.8 grammes, a standard diameter of 8 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 0.015 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 0.65 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 · 50 PENCE”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/40OZ FINE GOLD 999.9 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/40OZ FINE GOLD 999.9 2019”.

The coin shall have a grained edge.’

FIVE HUNDRED POUND SILVER COIN

8. (1) A new coin of silver of the denomination of five hundred pounds shall be made, being a coin of a standard weight of 1005 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 5 grammes; and

(b) a variation from the said standard diameter of 0.25 millimetres per coin.

(3) The variation from the standard weight will be measured by weighing each coin separately.

(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 · 500 POUNDS”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1 KILO FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1 KILO FINE SILVER 999 2019”.

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.

TEN POUND SILVER COIN

9. (1) A new coin of silver of the denomination of ten pounds shall be made, being a coin of a standard weight of 156.295 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 0.85 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 · 10 POUNDS”, and for reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 5OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 5OZ FINE SILVER 999 2019”.

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.

TWO POUND SILVER COIN

10. (1) A new coin of silver of the denomination of two pounds shall be made, being a coin of a standard weight of 31.21 grammes, a standard diameter of 38.61 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 0.15 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 · 2 POUNDS”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1OZ FINE SILVER 999 2019”.

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 POUND SILVER COIN

11. (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) a variation from the said standard weight of an amount per coin of 0.16 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 · 1 POUND”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/2OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/2OZ FINE SILVER 999 2019”.

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.

FIFTY PENCE SILVER COIN

12. (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 0.08 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 · 50 PENCE”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/4OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/4OZ FINE SILVER 999 2019”.

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.

TWENTY PENCE SILVER COIN

13. (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 0.035 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 · 20 PENCE”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/10OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/10OZ FINE SILVER 999 2019”.

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.

TEN PENCE SILVER COIN

14. (1) A new coin of silver of the denomination of ten pence shall be made, being a coin of a standard weight of 1.58 grammes, a standard diameter of 12 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 0.025 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 · 10 PENCE”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/20OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/20OZ FINE SILVER 999 2019”.

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 PENCE SILVER COIN

15. (1) A new coin of silver of the denomination of five pence shall be made, being a coin of a standard weight of 0.8 grammes, a standard diameter of 8 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 0.015 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 PENCE”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/40OZ FINE SILVER 999 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/40OZ FINE SILVER 999 2019”.

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.

TWENTY-FIVE POUND PLATINUM COIN

16. (1) A new coin of platinum of the denomination of twenty-five pounds shall be made, being a coin of a standard weight of 7.846 grammes, a standard diameter of 20 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 0.075 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 · 25 POUNDS”, and for the reverse either:

(a) the figure of Britannia wearing a Corinthian helmet garlanded with the floral symbols of Britain and the inscription “BRITANNIA 1/4OZ PLATINUM 999.5 2018”; or

(b) the figure of Britannia holding a trident and shield and accompanied by a lion, and the inscription “BRITANNIA 1/40OZ PLATINUM 999.5 2019”.

The coin shall have a grained edge.’

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

17. This Proclamation shall come into force on the fifteenth day of March Two thousand and eighteen.

Given at Our Court at Buckingham Palace, this fourteenth day of March in the year of Our Lord Two thousand and eighteen and in the sixty-seventh year of Our Reign.

GOD SAVE THE QUEEN