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Proclamations Notices:

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Date:
16 December 2011
Issue Number:
7356
Page number:
741

Publication Date: Friday, 16 December 2011

Notice Code: 1101

BY THE QUEEN

A PROCLAMATION

DETERMINING THE SPECIFICATIONS AND DESIGNS FOR TEN‑POUND COINS 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)(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 coins of the denomination of ten pounds in gold and in silver:

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

GOLD COIN

1.  (1) A new coin of gold of the denomination of ten pounds shall be made, being a coin of a standard weight of 156.295 grammes, a standard diameter of 65.0 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 0.778 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 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 ∙ TEN POUNDS ∙” and for the reverse a design of the winged horse Pegasus rearing up on its hind legs surrounded by the inscription “LONDON OLYMPIC GAMES”, the London 2012 logo and the date “2012”. The coin will have a graining upon the edge’.

SILVER COIN

2.  (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 65.0 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 0.778 grammes; and

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

(3) 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 ∙ TEN POUNDS ∙” and for the reverse a design of the winged horse Pegasus rearing up on its hind legs surrounded by the inscription “LONDON OLYMPIC GAMES”, the London 2012 logo and the date “2012”. The coin will have a graining upon the edge’.

(4) 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 fifteenth day of December Two thousand and eleven.

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

GOD SAVE THE QUEEN

(3)

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