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Coin Act 1816

Coinage Act 1816
Citation 56 Geo. III c.68
Territorial extent United Kingdom of Great Britain and Ireland
Status: Repealed

The Coinage Act 1816 (56 Geo. III c.68), also known as Liverpool's Act, defined the value of the pound sterling relative to gold. One troy pound of standard (22-carat) gold was defined as equivalent to £46 14s 6d., i.e. 44½ guineas, the guinea having been fixed in December 1717 at £1 1s exactly. According to its preamble, the purposes of the Act were to:


Coordinates: 51°33′15″N 3°23′20″W / 51.5542°N 3.3889°W / 51.5542; -3.3889


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