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[Page 3]
Gold Coins
The monetary unit to be of Gold the value of 1000 ones or farthings
Two Gold Coins to be Struck to be Calld the George & the half George
The George to be of the value of 1000
The half George of the value of 500
The alloy Standard to Continue as it has been 11/12 Pure 1/12 alloy
They Royal arms & Crest, The national Pledge of currency in weight & alloy to be on the Reverse of these Coins & the Number signifying their value in the exergue under the head.
Stet These Coins to be the only ones Legal Tender in the for sums above £20 Georges
by this Arrangement Gold will become in Future the only measure of Property & the numerous inconveniences arising from measuring it by two metals Continualy Varying in their Comparative value will be Compleatly avoided.
Gold to be Coind free from all at the expence of the Public as here before in May 1804, Gold Old British Standard was worth £4.2.0 an ounce or £49.4.0 lb Troy. If a Pound of Gold is [indecipherable] into 47 Georges it Each will weigh 5 dwt 43/1000 c/c Grains. They Cannot be taken at even Pennyweights unless the Price of Gold is likely to Rise.