Coinage Act 1870
|Act of Parliament|
|Long title||An Act to consolidate and amend the law relating to the Coinage and Her Majesty's Mint|
|Citation||33 & 34 Vict., c. 10|
|Territorial extent||United Kingdom and overseas possessions|
|Royal assent||April 4, 1870|
|Repealed by||Coinage Act, 1971|
The Coinage Act 1870 (33 & 34 Vict. c. 10) stated the metric weights of British coins. For example, it defined the weight of the sovereign as 7.98805 grams (about 123.27747 grains). The Act was repealed by the Coinage Act 1971.
The Act also gave the British government the authority to establish branches of the Mint in overseas British possessions. In 1907, the government used that power to establish a branch of the Mint in Ottawa, at the request of the Canadian government. It repealed the authorization in 1931, when the Mint in Ottawa came under full Canadian control.
- Lisle, George, Accounting in Theory and Practice, 1906, republished by Read Books 2008 (ISBN 1-4097-7128-8, ISBN 978-1-4097-7128-9), p.277 "British Currency: Gold" (Google Books)
- Coinage Act, s. 3, Schedule.
- Coinage Act, 1870, s. 14.
- Coinage Act, 1870, s. 11(8).
- Proclamation by the King under the Coinage Act, 1870: London Gazette, November 8, 1907, Issue 28076, Pages 7483-7484.
- Ottawa Mint (Discontinuance) Proclamation, 1931, London Gazette, November 10, 1931, Issue 33770, Page 7240.
- Challis, C. E. A new history of the royal mint (1992), quoted in Ansell, George Frederick (1826–1880), chemist and assayer by W. P. Courtney, rev. Robert Brown, Oxford Dictionary of National Biography.