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Two types of coins are defined by the Tynwald, circulating commemorative coins and commemorative coins. It is very interesting to talk a bit on this topic. You find out it later. This part will introduce the Pre-Norse 50p coins, and then it is a brief summary on IOM 50p circulating coins. The Pre-Norse 50p coins were definitely circulating commemorative coins (ie., regular coinage on the island) during the period of 2000 to 2003. Because you can get them from 2000 to 2003 each year mint. From the perspective of the Mint, the AA batch code tells you direct information rather than speculations.
Also, it is only 4 circulating commemorative coins for the period of 2000 to 2003. Does the number 4 make you some sense here? Let me give you a hint → the Tynwald hill → Tynwald → the Mint works under Tynwald permission. Probably, you now can see a clear and close relationship between the Tynwald and the Mint. Under Mr Derek Pobjoy’s foundation built in early 1970s, the Mint had a very good relationship with the Tynwald in 1980s and 1990s. Yeah, you do not forget one fact that the Mint is a family-run limited company. This hint can give you a full picture of why did the Tynwald give permission to the Mint for producing coins of the period of 1972 to 1974 in 1975. The Tynwald said it was for the purpose of continuity.
What is more, the Mint only issues Miller’s tower 50p for circulating commemorative coins mainly after 2004 onwards. Yeah, they also lost the contract from the government of Gibraltar this year. So it makes sense why gibraltar £2 bi-pounds (12 different reverses in 4 years) coins are hot as well.
- The reverses for the period of 2000 to 2003 below
- The obverses for the period of 2000 to 2003 below
From pictures shown above, we firstly conclude that striking quality dramatically decreases year by year (Note: all 50p coins were obtained from year mints to conduct this test). In other words, on the ground of uncirculated standard, it is the way to avoid any biased point(s). Secondly, the flyer within a 2003 year set is a simple paper, not like the flyers within a 2000/2001/2002 set.
As mentioned earlier, the number 4, So where the number 4 comes from on 50p coins? They are as follows:
- 1971 to 1974 (x4 Viking boat, proof(or prooflike) standard, carried the RM reverse),
- 1972 to 1975 (x4 Viking boat, BUNC standard, carried the reverse from the RM),
- 1976 to 1979 (x4 Viking longboat over the island, designed by the PM),
- 1979 Millenium Voyage (x4, AA-AB-AC-AD in presentation box coins),
- 1980 to 1983 (x4 Viking full-sailing boat coins),
- 1984 to 1987 (x4 Viking boat in shield coins),
- 1988 to 1991 (x4 PC coins),
- 1992 to 1995 (x4 PC coins),
- 1996 to 1999 (x4 TTF1 coins),
- 2000 to 2003 (x4 Pre-Norse coins, Do not forget one thing, they all are regular coinage on the island above!).
- Even commemorative coins, 1981 to 1984 (x4 TT coins).
The 4-based themes cover a range from Viking (x4), Tourist Trophy, PC, Tourist Trophy Formula One and Pre-Norse. Things happened or are happening on the island. Based on this point (ie., themes), the Mint did do a good job for the Tynwald.
However, the Pobjoy mint, aims to sell coins/medals under the brand of Pobjoy Mint (registered in 1975). It is really hard to see the designer names on reverse on IOM coinages. But, the Royal Mint (registered in 2007), aims to sell coins/medals designed by talented artists. So the initials appear on U.K. coinages.