Coin | Silver Two Ounces 2017 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 large two ounces of silver, abbreviated as 2oz Ag, where Ag comes from the Latin word for silver, Argentum. The coins are considered Non-Circulating Legal Tender (NCLT) because they are "premium" editions released at prices much higher than their bullion value.
It is usually said that 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 two-ounce size is equal to 10 pounds.
The mint says about this coin: The Angel represents the first coin CIT has produced for the Isle of Man. Additionally, it is the first CIT release featuring Jody Clark’s Queen Elizabeth II effigy that replaced Ian Rank Broadley’s design, which adorned countless coins struck between 1998 and 2015. |
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Obverse | |
The obverse of the coin depicts the crowned old bust of Queen Elizabeth II facing right, wearing the Royal Diamond Diadem crown worn for her Coronation (effigy known as the "Fifth Portrait" worldwide but "Sixth Portrait" in Australia, where the Queen's portrait by Vladimir Gottwald was fifth).
The Queen also wears the Coronation Necklace; originally made for Queen Victoria in 1858, it was also worn at the coronations (as Queen's Consort) of Queen Alexandra in 1902, Queen Mary in 1911 and Queen Elizabeth (the Queen mother) in 1937.
Unlike on British coinage, the effigy is "uncouped" (includes the Queen's shoulders) and extends almost to the rim of the coin; consequently, the legend does not run continuously around the rim.
The artist's initials JC (for Jody Clark) are in tiny letters below left.
Around the effigy is the monarch's legend and the date: QUEEN ELIZABETH II · ISLE OF MAN · 2017 ·.
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Reverse | |
The reverse of the coin shows Saint Michael, facing left, slaying the dragon. He has a halo and wears only a loincloth; in his right hand he holds a shield bearing a cross, and in his left 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 metal content: ag .999 2 OUNCES (two troy ounces of 99.9% silver).
Around below, the name of the denomination, ANGEL.
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 2 OUNCES ANGEL |
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Edge | Milled | Edge Inscription | None |
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Notes | Finish: proof, smartminting, piedfort (double thickness). CIT Item ID: 28315
CIT also says: "Furthermore, coins issued from 1985 to 1997 carried a design by Raphael Maklouf. Coming full circle, Raphael Maklouf is also the artist of the angel on this new coin." However, the design is the original 1985 depiction by Leslie Lindsay? |
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See also |
Coins in the Angel and Noble series issued in 2017 include: - 1 oz Gold, Angel, 2017 - 1 oz Gold, Noble, 2017 - 1/4 oz Gold, Angel, 2017 - 1/10 oz Gold, Angel, 2017 - 0.5 g Gold, Angel, 2017 - 2 oz Silver, Angel, 2017 - 1 oz Silver, Angel, 2017 - 1 oz Silver, Noble, 2017
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