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Coinage Act 1971

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This is the original version (as it was originally enacted).

1Standard of certain coins

(1)The following provisions of this section shall have effect with respect to coins made at the Mint

(2)Gold coins and coins of silver of the Queen's Maundy money—

(a)shall, if of a denomination mentioned in Part I of Schedule 1 to this Act, be of the weight and fineness specified in that Part; and

(b)shall, if of any other denomination, be of the same fineness and of a weight bearing the same proportion to the weights specified in that Part as the denomination bears to the denominations mentioned in that Part;

but in the making of the coins a remedy (that is, a variation from the standard weight and fineness so specified) shall be allowed of an amount not exceeding that specified in that Part

(3)Cupro-nickel or bronze coins of the denominations mentioned in Part II of Schedule 1 to this Act shall be circular and of the standard weight, diameter and composition specified in that Part; but in the making of the coins a remedy (that is, a variation from the standard weight, diameter or, in the case of cupro-nickel coins, composition so specified) shall be allowed of an amount not exceeding that specified in that Part and the variation from the standard weight of any coin shall be measured as the average of a sample of not more than one kilogram of that coin.

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