The Isle of Man have confirmed that they will be keeping the familiar round pound coin and issuing a new design for 2017.
This means they will be the only British Isles country to continue issuing round pounds…
Revealed today, the new design for the Isle of Man £1 coin features two birds – a Falcon and a Raven.
These birds are symbolically associated with the Island and feature on the Coat of Arms.
A Celtic interlocking border circulates the outside of the coin while the Triskelion (three armoured legs) features at the twelve o’ clock position.
In contrast, both Jersey and Guernsey have confirmed that they will stop striking the round £1 coin this year, opting to use the paper £1 note instead.
Not only are the Isle of Man keeping the £1 coin, all their circulation coins have had a total redesign and been struck at a new Mint.
Launched today, seven brand new Isle of Man currency designs have been revealed…
5 Pence – Features the Manx Shearwater, an amber-listed species of particular conservation concern on the Isle of Man. This design celebrates the increasing number of this traditional Isle of Man bird species.
10 Pence – Features the famous Isle of Man Manx Cat, best known for being entirely tailless. The other distinguishing characteristics include elongated hind legs and a rounded head.
20 Pence – The Isle of Man has a significant Viking heritage; key symbols are Odin’s Raven and Viking Longships. The design depicts a typical scene of a sailing Viking Longship.
50 Pence – The design depicts the Manx Loaghtan, a breed of sheep native to the Isle of Man. The sheep have dark brown wool and usully four or occasionally six horns.
1 Pound – The £1 coin features two birds – a Raven and a Falcon. These birds are symbolically associated with the island and feature of the Isle of Man Coat of Arms.
2 Pound – Featuring the Tower of Refuge, this important landmark was built upon the reef on the orders of Sir William Hillary, founder of the Royal National Lifeboat Institution in 1832.
5 Pound – The Triskelion (three armoured legs) is arguably the most known symbol of the island and is included in both the coat of arms and the flag of the Isle of Man. The Isle of Man also circulates their £5 coins making them the only Crown dependency country where you could find one in your change, and spend it.
A new effigy
And the changes don’t stop there.
The coins also feature a new effigy of Her Majesty Queen Elizabeth II, created by designer and sculptor Jody Clark.
The outer description includes the Queen’s full title, country of issue and year of issue.
The new portrait will be used on coins from Crown dependencies and Commonwealth countries.
No new coppers
Although the Isle of Man have completely redesigned their circulation coins, they have not produced any new designs for the 1p and 2p coins. Instead they will continue to use their current stock.
If you would like to know more about the new Isle of Man coins, fill in your details in the below form. We will contact you when the coins are available to order.