Trial of the Pyx been properly minted. Criteria are given for diameter, chemical composition and weight for each class of coinage. Statutory basis for the Trial of the Pyx is given by the Coinage Act 1971, the latest in a long series of similarly named Acts of Parliament. Specific procedures are established by Order in Council, the most recent being the Trial of the Pyx Order 1998, which was amended in 2005, 2012 and 2016. It is "not" required for a new Order to be issued for each Trial: this is mandated (to occur) only with regulatory revision. Trial of the Pyx The Trial
Coins of the United States dollar of these coins is legal as tender, but does not actually reflect the value of the precious metal contained therein. On May 11, 2011, Utah became the first state to accept these coins as the value of the precious metal in common transactions. The Utah State Treasurer assigns a numerical precious metal value to these coins each week based on the spot metal prices. Modern commemoratives have been minted since 1982. An incomplete list is available here. Note: It is a common misconception that "eagle"-based nomenclature for gold U.S. coinage was merely slang. The "eagle," "half-eagle" and "quarter-eagle" were specifically