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Provision as to exchange of light gold coins.
33 & 34 Vict. c. 10.
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1.—(1) It shall be lawful for Her Majesty, by Order in Council, to direct that gold coins of the realm which have not been called in by proclamation and are below the least current weight as provided by the Coinage Act, 1870, shall, if they have not been illegally dealt with, and subject to such conditions as to time, manner, and order of presentation, as may be mentioned in the Order, be exchanged or paid for by or on behalf of the Mint at their nominal value.
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(2) For the purposes of this Act a gold coin shall be deemed to have been illegally dealt with where the coin has been impaired, diminished, or lightened otherwise than by fair wear and tear, or has been defaced by having any name, word, device, or number stamped thereon, whether the coin has or has not been thereby diminished or lightened.
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(3) In a sovereign or half-sovereign loss of weight exceeding three grains from the standard weight shall, for the purposes of this Act, be prima facie evidence that the coin has been impaired, diminished, or lightened otherwise than by fair wear and tear.
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