A plum start to 2017! Princess Mary rings in the new year dressed in a gold gown and deep purple cape for annual banquet... where she and Prince Frederik enjoyed pheasant soup, lamb and cheese pie

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Crown Princess Mary has rung in the New Year at a banquet held at Amalienborg Palace, Copenhagen.

The Australian-born royal dressed in a floor-length gold gown for the occasion on January 1, a plum cape helping keep her warm against the winter chill.

The banquet, hosted by Queen Margrethe, is a centuries-old tradition held for members of the Danish parliament, top officials and court management.

The Danish royal family and their guests enjoyed food, wine and music in the Amalienborg Palace Great Hall.

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New Year celebrations: Crown Princess Mary was the picture of elegance on January 1 when she welcomed in the New Year at a Banquet held at Amalienborg Palace in Copenhagen

Ringing in 2017: Mary, who dressed in a floor-length gold gown and plum cape, was joined by her husband Crown Prince Frederik, who wore traditional military regalia

The ever-elegant Mary stunned in the gold gown that hugged her waist before falling dramatically to the floor.

Over her gown she wore a plum cape, the colour complimenting the deep red stones that studded her Ruby Parure Tiara and matching jewels.

The tiara, which she regularly wears to royal events, dates back two centuries and has been in the Danish royal family since 1869 according to The Court Jeweller.

The tiara was left to Prince Frederik by Queen Ingrid after she died in 2000, who then gifted the jewels to Mary.

Around her neck Mary wore the Order of the Elephant, which is worn on a chain-link collar on January 1, which known as The Knight's Day.

The Order is Denmark’s oldest and most distinguished royal order of chivalry, and can be dated back to 1460. 

Mary arrived at the Banquet on the arm of her husband, Crown Prince Frederik, who wore traditional military regalia for the event.

All that glitters: Mary wore the Ruby Parure Tiara and matching jewels as well as the Order of the Elephant, which is worn on a chain-link collar on January 1, known as The Knight's Day

Simply elegant: The mother-of-four waved on the red carpet, before turning to walk inside and showing off the gold train of her gown

The banquet menu was published on The Danish Monarchy's website, where it was revealed the royals ate a pheasant consommé, meat and dumplings for entree, followed by a saddle of lamb, spinach flan and cheese pie and Kumquatkage (a kumquat cake) with meringue for dessert. 

They drank traditional Rosenborg wine, which has been a staple at the New Year's Banquet since 1598, bottles of the champagne Moët et Chandon, the sparkling wine Cuvée M and bottles of 2010 Château de Cayx.

The Danish Royals were also treated to live music.

A photo shared on the Danish Royal Family's official Instagram page showed a photo of the banquet table.

The table was decorated with pink, yellow, green and orange roses, that matched the colours of the rich velvet chairs and wine bottles.

Inside the palace: A photo of the banquet table showed it decorated with candle sticks and pink, yellow, green and orange roses

The Danish royals will continue their New Year's celebrations on the second and third of January, with further events to be held at Amalienborg and Christiansborg Palaces. 

The banquet came after Princess Mary, Prince Frederik and their four children attended a Christmas Day church service at Aarhus Cathedral in Aarhus, on the Jutland peninsula's east coast.

The royal couple were accompanied by Queen Margrethe II of Denmark, Prince Henrik, Prince Joachim, Princess Marie, Princess Athena, Prince Nikolai and Prince Felix of Denmark.