| Coin | Silver Ounce 2016 Angel |
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The Isle of Man has its own circulating coinage, which is used in parallel with the British Pound Sterling; it also issues an extensive range of commemorative coins for collectors, as well as bullion coins in a variety of formats and designs for investors in precious metals.
One of the formats used is the internationally popular one troy ounce (1oz) of silver. An early design issued in this format was the Angel, depicting Saint Michael slaying the dragon. The original Angel was a gold coin introduced in England by King Edward IV in 1465 as a new issue of the Noble. Based on a French coin, the Angelot or Ange, its name was derived from the representation of the Archangel St. Michael. The image of the Archangel Michael slaying the dragon was thought to bring good luck and health and was traditionally given to sufferers of the disease the "King’s evil" or scrofula, in a medieval ceremony intending to cure them with the "royal touch".
It is usually said that modern Angels are legal tender but without a fixed face value, like the Krugerrand or Mexico’s Libertad which are legal tender to the value of their precious metal content. However, according to the various Currency Determinations by The Treasury of the Isle of Man authorising each issue, under section 6 of the Currency Act 1992, the "Angel" denomination is equal to 5 pounds in face value, with fractions or multiples divided or multiplied as required by the fraction or multiplier shown on the reverse of the coin - hence, the one ounce has a nominal face value of £5 (five pounds).
The 2016 coin is in "reverse proof" finish: "Each coin is produced to the highest quality and has been struck four times to produce a stunning frosted-finish background with the design sculpted in striking relief." |
| Mint | Pobjoy Mint |
Mint Mark | Letters PM |
Total Mintage |
100,000
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| Obverse | |
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The obverse of the coin shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait", by Ian Rank-Broadley). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.
The portrait is in its "uncouped" version which extends below the neck and shows the Queen's shoulders. The designer's initials IRB are on the shoulder truncation.
Around above, the monarch's legend and the date: * ELIZABETH II * ISLE OF MAN * 2016.
The dividers in the inscription are triskele symbols. |
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| Reverse | |
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The reverse of the coin shows Saint Michael, facing right, slaying the dragon. He has a halo and wears only a loincloth. In his left hand he holds a shield bearing a cross, at the centre of which is a small triskele symbol; in his right hand he has a long spear, the tip of which has pierced the throat of a fire-breathing dragon fallen at the saint's feet.
In the exergue, the precious metal content: Ag 999. 1 OUNCE (one troy ounce of 99.9% silver).
Around below, the name of the denomination, ANGEL.
The PM mint mark of the Pobjoy Mint is below the dragon.
The rim is framed by an elaborate Celtic border design ("Viking Knit"), interrupted at the top by a small Triskele symbol, which is the Coat of Arms of the Isle of Man. |
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| Reverse Inscription |
Ag 999. 1 OUNCE ANGEL |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Platinum content (troy ounces): 1.000.
Finish: reverse proof (mirrored design on frosted background).
To distinguish the production grade of its coins, the Pobjoy Mint affected a privy mark on the reverse for a while; the letter U in a hexagon denotes "Uncirculated", while P is for "Proof".
Mintage is "limited to" 100,000, and - in the absence of further information - we have to assume that was the final minateg. |
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| See also |
Coins in the Angel and Noble series issued in 2016 include:
- 1 oz Platinum, Noble, 2016
- 1/2 oz Platinum, Noble, 2016
- 1/4 oz Platinum, Noble, 2016
- 1/10 oz Platinum, Noble, 2016
- 1 oz Gold, Angel, 2016
- 1 oz Gold, Noble, 2016
- 1/4 oz Gold, Angel, 2016
- 1/10 oz Gold, Angel, 2016
- 1/20 oz Gold, Angel, 2016
- 1 oz Silver, Angel, 2016
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