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 pound sterling Coins of the pound sterling The standard circulating coinage of the United Kingdom is denominated in pounds sterling (symbol "£"), and, since the introduction of the two-pound coin in 1994 (to celebrate the 300th anniversary of the Bank of England 1694–1994), ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. From the 16th century until decimalisation, the pound was divided into 20 shillings, each of 12 (old) pence. British coins are minted by the Royal Mint in Llantrisant, Wales. The Royal Mint also commissions the