Proclamations

Coinage Act 19712022-02-092022-02-18TSO (The Stationery Office), customer.services@thegazette.co.uk398895963621

BY THE QUEEN A PROCLAMATION DETERMINING THE SPECIFICATIONS AND DESIGNS FOR A NEW SERIES OF ONE THOUSAND POUND AND TWO HUNDRED POUND GOLD COINS; AND A NEW SERIES OF FIVE HUNDRED POUND, FIVE POUND AND TWO POUND SILVER COINS ELIZABETH 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 one thousand pounds and two hundred pounds in gold, and a new series of coins of the denominations of five hundred pounds, five pounds and two 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 GOLD 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 1005 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 6 grammes; and

(b) a variation from the said standard diameter of 0.3 millimetres per coin.

(3) The least current weight of the said gold coin shall be 997.5 grammes.

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

(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 · 1000 POUNDS”, and for the reverse a depiction of Britannia at different ages in her life accompanied by the inscription “BRITANNIA 2022 1 KILO 999 FINE GOLD”. The coin shall have a grained edge.’

TWO HUNDRED POUND GOLD COIN

2. (1) A new coin of gold of the denomination of two hundred pounds shall be made, being a coin of a standard weight of 62.42 grammes, a standard diameter of 40 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 0.24 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 62.12 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 · 200 POUNDS”, and for the reverse a depiction of Britannia at different ages in her life accompanied by the inscription “BRITANNIA 2022 2 OZ 999.9 FINE GOLD”. The coin shall have a grained edge.’

FIVE HUNDRED POUND SILVER COIN

3. (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 6 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 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 a depiction of Britannia at different ages in her life accompanied by the inscription “BRITANNIA 2022 1 KILO 999 FINE SILVER”. 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 62.86 grammes, a standard diameter of 40 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 0.784 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 · FID · DEF · 5 POUNDS”, and for the reverse either:

(a) a depiction of Britannia at different ages in her life accompanied by the inscription “BRITANNIA 2022 2 OZ 999 FINE SILVER”; or

(b) a depiction of the figure of Britannia aside a seated lion and the inscription “BRITANNIA 2OZ 999 FINE SILVER” and the date “2021”.

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

5. (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 0.12 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 a depiction of Britannia at different ages in her life accompanied by the inscription “BRITANNIA 2022 1 OZ 999 FINE SILVER”. 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.

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

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

GOD SAVE THE QUEEN