1821
Gold payout resumes
The Bank of England pays gold for its notes again. Restriction ends.
Peel’s Act of 1819 set a path back to convertibility. In 1821 the Bank of England resumed full gold payout on its notes. The wartime stop of 1797 was over.
The pound could be tested in coin again. That is resumption of a window, not a new kind of money. Britain’s later return in 1925, and the exit in 1931, are a different century.