|Coin||Silver Two Ounces 2022 Noble|
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.
The Mint says about this coin:
The modern Noble coins have been issued by Isle of Man since the early 1980’s. Despite their world-wide popularity, they were not minted every year. This had added to the coins allure as previous issues can be difficult to find. With the 2022 edition, CIT is extremely proud to bring an emended design to the Noble. It is the first enhancement to the actual design since it was introduced back in 1983! Thanks to the smartminting technology the famous Viking long ship on the reverse shows more details as certain elements have been modernised. You can almost feel the wind when you look at this coin!
Interestingly, Nobles are legal tender but they do not have a fixed face value; instead, like the Krugerrand or Mexico’s Libertad, they are legal tender to the value of their precious metal content.
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The Queen also wears the Coronation Necklace; originally made for Queen Victoria in 1858, it was also worn at the coronations (as Queen's Consort) of Queen Alexandra in 1902, Queen Mary in 1911 and Queen Elizabeth (the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 · 2022 ·.
The reverse of the coin shows a Viking longboat under sail, with a horned dragon figurehead on the bow. In the background, flying seagulls.
in the exergue, the metal content: Ag .999 2 OUNCES (two troy ounces of 99.9% silver).
Around below, the name of the (fictional) denomination, ONE NOBLE. This does not translate to a face value in pounds, since the coin's legal tender value depends on the metal content and not on the denomination.
The rim is framed by an elaborate Viking motif border design, interrupted at the top by a small Triskele symbol, which is the Coat of Arms of the Isle of Man.
||Ag .999 2 OUNCES ONE NOBLE
Finish: proof, smartminting (Ultra High Relief), piedfort (double thickness).
CIT Item ID: 29781.
It seems that the coin was produced (organised) by CIT but struck by B.H. Mayer whose name is also on the certificate.