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Gibraltar £1 Pound Virenium Proof Coin 1988




Gibraltar £1 Pound Virenium Proof Coin 1988


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By reading the title, a Gibraltar £1 Pound Virenium Proof Coin made in 1988, it is really a difficult topic to illustrate here. Because it has no any written records about this coin. It is a coin or not, it all depends on the detail of COA. So, let we bring you our new coin today.

  • 1988 Gibraltar £1 Pound Virenium Proof Coin with AA
  • Photograph: richukcoins®

  • Its COA
  • Photograph: richukcoins®

This is a special coin that has a very unique position in the numismatic world made by the British Pobjoy Mint in 1988. The reasons are as follows:

  1. Rarity;
  2. According to the COA, a limited batch of 100 coins was minted in 1988 for the purpose of commemorating 1st £1 Pound coin in Gibraltar, but subject to the approval of HM Queen Elizabeth II after 14/11/1988. A 100-coin sample means 100 pence is equal to £1.

  3. A Proof standard stamped with AA;
  4. It is not often to see a coin like a proof condition with AA made by the Pobjoy Mint. If you are very familiar with coins made by the Mint, it is easy to say that this coin is a sample, for instance, 1994 Isle of Man Christmas 50p silver proof coin with AA. Meanwhile, this £1 Virenium Proof coin with AA makes it rare very rare within the all decimal coin range in terms of proof grade, even right now.

  5. Composition Virenium;
  6. According to the Gibraltar Coinage Act 1990 (renamed in 2006 from the Gibraltar Coinage Ordinance 1990), metal Virenium is one of many possible metals list for £1 pound category in law. Also, it shows that Gibraltar’s Virenium is a combination of 81Cu/10Sn/9Ni. Bear in mind that the name of Virenium is a registered mark by the Mint. This type of Virenium looks very close to Nickel Brass in colour if you look hard. It is likely a possible reason apart from no any precious metals being allowed to strike £1 pound coins in 1988.

  7. The Year 1988;
  8. In the year 1983, UK 1st £1 pound coin was issued in Nickel Brass, silver Proof and silver proof piedfort and so forth. But, you find nothing when you search for Gibraltar 1st £1 pound coin only Nickel Brass type. However, the Gibraltar government issued 100 coins in platinum in 1989 for the 150th Anniversary of Gibraltar Coinage.

  9. History.
  10. A told story either word by word or written down is easy to explore but something still remains untold. This identified piece is a piece of history of Gibraltar coinage clearly.

From the perspective of financial terms, this coin is a financial instrument due to its very unique position demonstrated above. Right now it has been slabbed by NGC PF 68 UC (Cert # 2869941-001) which this extra security gives a buyer more confidence and value added with its designation. In terms of valuation, it all depends on people/collector how to value the Gibraltar coinage history, but sadly, nobody could tell you more and how much it is worth. Only here, it tells you information about this coin for free. This coin will soon or later trade like a 1989 Isle of Man £2 Virenium Blimp coin, be sure.

Reference
**The Gibraltar Coinage Act 1990 [Online].
**The Currency & Coinage of Gibraltar 1704-2014 by the Gibraltar Government [Online].

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Isle of Man Christmas 50p Coin in Grade from 1999 to 2016




Isle of Man Christmas 50p Coin in Grade from 1999 to 2016


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Part I

Here, it is a very very interesting topic to present in a way either valuation or numismatic value. This topic also is important to collectors who are keen to Christmas 50p base metal coin in modern British Isles coinage history (other than GB coin). Because the more layers we tear off, the more value you can add on the IOM Xmas series. Frankly, it is only here you are able to find out more information on what actually so-called Diamond Finish is. In the early days (say, pre-1997), a Diamond Finish standard (hereafter DF) is a combination of advanced dies (ie., polished) and advanced planchets (ie., buffed), for instance, 1980 IOM Xmas 50p coin associated with BBs-BC-BD-BE-BFs-BFs(Mule). However, the Isle of Man Christmas 50p coin made after 1999, it let you feel that collectors pay a higher price for low quality item made from normal/advanced Dies and normal blanks.

So, let we introduce a UNC coin without mentioning dies and planchets in detail first, as follows:

  • 1999 Christmas 50p Coin from the Isle of Man — UNC <#1>

From the above <#1> pictures, it is hard to tell you what is what, but a base-line point is well established. It is a normal 50p coin which you are able to find it in your pocket money. However, if you look for further detail on the coin, a AA die mark could be spotted at 8 o’clock position. Alongside of that, You are going to see NO squared-rim easily.

Still, another UNC coin, as follows:

  • 1999 Christmas 50p Coin from the Isle of Man — UNC <#2>

From the above <#2> pictures, you are going to see more details on the coin compared to UNC <#1>, but this time, a BB die mark noted on at 8 o’clock position and the mirrored-like field. A variant of UNC <#2> named <#2.1> shows a bit low quality in contrast to UNC <#2>, which is associated with no die mark (hereafter ND).

  • 1999 Christmas 50p Coin from the Isle of Man — UNC <#2.1>

let we have a close look at obverse each,

  • BB’s obverse (UNC <#2>) vs. ND’s obverse (UNC <#2.1>)

At this point, two different coins in grade are established. A UNC <#1> coin is a circulating coin, or Mint Statue (hereafter MS) grade from a 3rd grading company. A UNC either <#2> or <#2.1> coin is a circulating commemorative coin or MS Prooflike.

The last grade in a row, it goes to UNC <#3>.

  • 1999 Christmas 50p Coin from the Isle of Man — UNC <#3>

UNC <#3> is also a circulating commemorative coin but a MS Deep PL standard from a 3rd grading company.

Having said that without mentioning dies and planchets, it concludes that most importantly there were no any BUNC 50p coins made in the IOM Xmas series. UNC <#1> was under strike one time and two times for <#2> and <#2.1>, however, three times for UNC <#3>. What is more, the AA and BB die marks were an indication to tell the significant difference between circulating and circulating commemorative coins in principle. However, die marks (with or without) had less information on grades but were able to give you direct information about a xmas coin wether circulating coin or circulating commemorative coin. Obviously, it was hard to follow when the sudden appearance of the existence of ND type of coins. Therefore, UNC (or MS), DF (or MS PL) and DF with Deep prooflike (or MS DPL) were well established and defined here.

A complicated case is list below from the IOM xmas series. UNC and DF coins share the BB die mark at the same time.

  • 2000 Christmas 50p Coin from the Isle of Man — UNC <#1>

Yes, a BB die mark is easily spotted, but does not necessarily say it is a UNC <#2> or <#3> coin. The above coin is actually a UNC <#1> coin.

Now, it presents a UNC <#2> and <#2.1> coin as below,

  • 2000 Christmas 50p Coin from the Isle of Man — UNC <#2>
  • 2000 Christmas 50p Coin from the Isle of Man — UNC <#2.1>

Having said the 1999 IOM Xmas 50p coin mainly, a balanced picture needs to keep in mind. A more complicated case compared cross panel is going to be presented here in relation to same year 50p coin in the IOM Xmas series. we now have to cover the 1999 Xmas 50p coin from Gibraltar (ie., the Mint works on a same topic for two different people, ironically, the Mint has lost the right to mint Gibraltar coinage since 2004). This time, it is your turn to tell us what is it.

  • 1999 Christmas 50p Coin from Gibraltar — UNC <#2>? or <#3>?

Do not get me wrong here, the BB die mark does not say or indicate UNC <#2> in grade equally and definitely. What I have talked here is that how to identify a DF standard with and without the die marks.

We are moving to the period of 1999 to 2016 that reveals how the quality of coins drops in years.

First of all, it will be the year 2004 and then 2016 in the second place. There is a pattern of AA-BA-ND in both years when the BA die mark has been used. Meanwhile, the AA die mark is simultaneously existed in relation to the BA die mark as well. Most significantly, the Manx cat in the first place has a farewell appearance in 2004 and drops completely from the IOM Xmas series in 2005. What is more, the p has no place after the 50 denomination in 2016. This echoes back to the very beginning of the IOM Xmas series in 1980. These information are a way to express the internal side of the story.

  • 2004 Christmas 50p Coin from the Isle of Man — UNC <#1>
  • 2016 Christmas 50p Coin from the Isle of Man — UNC <#1>

The frosting effect can be seen clearly in both. However, in contrast to ND and BA 50p coins made in same years, the above coins are no better in terms of grade and even worse than UNC <#1> from 1999. A assumption is set up here that the two AA die mark coins are very specially made in the first place but reason(s) unknown.

Last, I want to mention a point here that not all AA diemarks stand for UNC or struck on base metal but there is an exception see below.

  • 1994 Christmas 50p Silver Proof Coin from Gibraltar — PF <#4>
  • Credit: NGC database/online

The mystery of the IOM and GIB Xmas 50p coin is not bad and pulling out from the water, but exploring is still on.

#The End

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The Pobjoy Mint Die Mark (Single) A/B/C/D/E in 1973





The Pobjoy Mint Die Mark (Single) A/B/C/D/E in 1973




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I have talked a little bit on the topic of die mark AC in the past, catching it up you can click on Die Marks AC under All Categories on your right panel. Today, let we talk about single die mark, and the start of all die mark variants.

It all begun on sovereigns gold coins in 1973. In the year 1973, the Pobjoy mint were commissioned to mint sovereigns from half to five sovereigns on behalf of the government of Isle of Man. Also, it was the time to see the birth of die mark (single) A/B/C/D/E from a private mint in the post-decimal era in the UK. A special die mark X was created in 1973 and die mark F in 1979. In the meantime, the letters of PM were well-established as the Pobjoy Mint’s mintmark.

According to MacKay (1978, p.51), a single letter like A/B/C/D/E was stamped on IOM sovereigns from half to Five in 1973, and each letter indicated the numbers of coins struck from each die. However, the author has not put more information about the difference among dies, or gave explanation on reasons behind using different dies. Most importantly, this book was published by the Pobjoy Mint.

In terms of a single letter,
Precious metal, (–0)*, single die mark like: A, B, C, D & E, X (only 1973 gold metal, MacKay (1978, p.52)) and F (1979 silver metal);
Man-made metal, (–1)*, 2-digit die mark like AA/AB/AC/AD and BB/BC on 1978 £1 Virenium coin;
Base metal, (–2)*, 2-digit die mark like: AA/AB/AC/AD/AE(?)/AF(?) under the Prefix A, and BB/BC/BD/BE/BF and BA (1988 50p Xmas coin) under the Prefix B** on 1979 50p CN coin.
The difference among above like 2^0(=1) and 2^1(=2, two different finish standards) and 2^2 (=4, Tynwald Hill, a 4-tiered hill). The base 2 comes from a coin having two sides.
The meaning of 2-digit die mark represents the First Day of Minting (FDM) like AA and BB in base metal, B in precious metal.
*Note: considers as position in line.
**Note: AE, AF, BE and BF were only appeared on circulating commemorative coins like IOM Xmas 50p coin, and not on circulating coins. DD was spotted on 1980 circulating coins. Also, the Prefix B indicates a (at least) prooflike or proof finish standard. This source comes from 50p coins.

Having said above, it is easy to direct how to collect IOM Xmas 50p coin and IOM T.T. 50p coin in terms of die mark. In general, coins in loose condition, die marks AA and BB both from circulating commemorative coins are the most common ones but AA with BU striking techniques and BB with Diamond Finish striking techniques. Years like 1980 1981 1982 1983 1984 until 1985 it is hard to decide which direction you are going to, because there is 4 (at least) variants from the Prefix A and the Prefix B and later after post-1997, down to AA/BB (or ND).

Some special IOM/T.T. 50p ones without provenance at the moment, like:

  1. 1980 IOM Xmas,
  2. it has BB/BC/BD/BE/BF & BF mule plus two different versions under die letters BB–BB w/ mirror-liked field and BB w/o mirror-liked field, and AA/AB/AC/AD/AE(?)/AF(?). Mistakes noted! Very new product from the perspective of the Mint alongside circulating coins. Official announcement of BC as diamond finish in Krause book (KM#).

  3. 1981 IOM Xmas XX,
  4. this one is possibly linked to 1973 sovereign with die mark X. It has BB and BC under the Prefix B this year. In the same year, IOM T.T. was minted. Mistake noted! New product from the perspective of the Mint alongside circulating coins.

  5. 1983 IOM T.T. AC,
  6. it has AA/AB/AC/AD and BB.

  7. 1988 IOM Xmas BA,
  8. this one indicates that BA coin finish standard is between AA and BB. The BB die marks indicate proof finish, and the AA die marks stand for standard finish. Somehow it echoes 1980 BB w/o mirror-liked field in terms of striking quality.

  9. In 1994 IOM Xmas ND,
  10. Striking techniques are totally different.

  11. 2005 IOM Xmas AA,
  12. is shiny like a glass cup.

  13. 2011 IOM Xmas AA,
  14. and ND are only two grades in Xmas series. BB die marks has dropped out since 2004 onwards.

Let us talk about the AC and AD die marks once again here. It has been talking many times in the past, but here it definitively gives you the best picture you can see. Also, you can find them from Die Marks AC/ AD under Categories on your right panel. The AD die mark was established alongside with the AC die mark in 1978 for the purpose of celebrating the first £1 pound coin in British decimal coinage history. The standard finish (i.e., UNC finish) was used on £1 IOM virenium coin from sequence of A to D under the Prefix A. In the year 1979, it only had the AA/AB/AC die marks on £1 virenium coin. However, the AD die mark was spotted on 1979 IOM 50p coin. Most surprisingly, this year 50p coin finish on the AA/AB/AC/AD die marks was significant different, and each die mark had two variants (note, another 1979 AC from 1980 AC). Probably, all steps above were included in the “1972 workable proposal” submitted in 1972 by Mr. D. Pobjoy.

Have you noticed that the AD die mark was shifted from £1 down to 50p? This obviously echoes the Millennium AD event and the Royal visit event in 1979.

It was a amazing story told by the different die marks, but sadly, it had no any official record of them to trace or search. Probably, it is the best disadvantage of collecting IOM post-decimal coin.

Reference
MacKay, J.A., 1978. The Pobjoy Mint Encyclopaedia of Isle of Man Coins and Tokens. 2nd ed. Dumfries, England: The Pobjoy Mint.

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Gibraltar Father Christmas 50p Diamond Finish Coin in 2019




Gibraltar Father Christmas 50p Coin associated with Die Marks DA and AA






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With no exception and surprise, it is time to reveal 2019 Xmas-related 50p coin in base metal. Normally it is about this time every year. This 50p coin comes from Gibraltar, designed and struck by the Pobjoy mint with theme Father Christmas by Raymond Briggs. Metal available in silver and gold (please see 2018 ones in terms of metal variety; Note silver is silver proof and silver piedfort proof version this year). Since they (the Mint) took over the contract from the Tower mint in 2017, it has been a little mess about the Gibraltar Xmas series. Generally speaking, it is highly related with stories from the Bible from 1988 to 2003, and but from 2017 to 2019 it is a story all about Father Christmas. At this point, the Royal mint are doing the exactly same thing, Snowman.

From below, you are going to see three different type coins.

1. Currency type, die mark AA

  • 1.1 Version I
  • 1.2 Version II

Between Version I and Version II, the prominent difference is obviously coin finish itself and mirror-field. In Version II, “frosted” Father Christmas can be seen easily. If you look further and scroll down, “frosted” AA has a less quality than “frosted” DA in terms of coin finish. It concludes that Version I coin has no any pre-polished blank used in comparison to Version II, and Version II it has also a better mirror-field than Version I in terms of reflectivity. With regard to die mark AA, it locates at the right side of the horizon and below berries & holly.

2. Diamond finish non-colour-printed in a decoration, die mark DA (instead of ND in 2018)

This DA coin, it is a sign indicating what they are still able to produce, but still a faraway from 1980s products. Also, they create a big room between DA coins and Silver Piedfort coins in terms of margins.

3. Diamond finish colour-printed in a card, die mark DA (instead of ND in 2018)

From above 2 & 3, one thing is clear, mintage for both diamond finish and diamond finish colour-printed coins has only one number, 8,500. They spend almost 40 years figured out this in order. In contrast to mintage of 2018, they agreed to increase 1,000 coins in base metal. Silver proof coin was decreased from 4,500 to 1,500 coins. However, silver proof coin has gone instead of silver proof piedfort coin. A 3rd coin since 2016 is still not able to stay away from the Father Christmas theme. From this point on, silver coins are no longer silver proof version, and are piedfort style (i.e., double silver proof), asking price £99.17 (excl. VAT). However, it is totally wrong market strategy in terms of product variety.

Below it is Table A that summarises Gibraltar Xmas 50p coin from 2017 to 2019.

Table A: Gibraltar Christmas 50p DFCN coin from 2017 to 2019
Year Mintage (base metal) 1st order difference Colour Theme Metal
2019 8,500 1,000 Yes Father Christmas by R Briggs CN, Silver/Silver Piedfort, Gold
2018 7,500 -2,500 Yes Father Christmas by R Briggs CN, Silver, Gold
2017 10,000 Christmas (from 1992) CN
Source: created by richukcoins®

A 2019 Father Christmas 50p coin w/ die mark AA and a 2019 Father Christmas 50p coin w/ die mark DA, they are two totally different coins in terms of coin quality and coin mintage. A Father Christmas 50p coin w/ DA is limited at 8,500 coins, slabbed in a decoration and a card produced by the Pobjoy mint itself. However, A Father Christmas 50p coin w/ AA is absolutely UNLIMITED, partially some in Gibraltar Stamps and Coins FDC.

This year, you probably see die mark DA first time, me as well. But, actually, the prefix D has been using in 1980 Viking 50p on IOM decimal diamond finish coin set, named die mark DD. A new pattern is formed under the prefix D in 2019 which is DD–DA–AA. The new pattern echoes a similar pattern, but from the prefix B (IOM) in between 1988 and 2004, BB–BA–AA. With seeing die mark DA, I believe that it is time to say goodby to die mark BB and the prefix B. Somehow, you can think about it like sort of strike back. At this point, you might feel the existence of die mark DA.

Let we talk back on coin itself. First look, it is better, much better since 2016. You can think this like the divorce resulted in very sad feeling and exhausted in 2017, and take a break and fell better in 2018. Finally, in 2019 it is able to do work. Also, 2019 one is the best so far. In 2019, we hope everything is back on track.

Below, it is a DF non-colour-printed coin, taking out from a decoration. First, eye-appealing is much better (since 2013 onwards). A deep “frosted” effect is there, only on a DA coin. So the coin shows more whitish in colour both two sides. Second, mirror-liked field is easy to see. Last, the portrait on the obverse is a problem. It is slightly rotated at least 1 degree.

  • 2019 Gibraltar Father Christmas 50p DA coin

So far, you have seen 2019 Father Christmas 50p coin in different range of products in base metal.

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Gibraltar Father Christmas 50p Diamond Finish Coin in 2018





Gibraltar Father Christmas 50p Coin associated with NO Die Mark in 2018




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Story is being updated now……

A second one in series after many years they had got their contract back from the Tower Mint. This one looked very different in comparison with previous, considering a same Father Christmas face in two different years, one named Christmas 2017, but 2018 was called Father Christmas(tm). It concludes that the Christmas series is no longer come out on the market but instead the Father Christmas series. At the same time, The Snowman(tm) series by the Royal Mint was under way. Both the themes came from the same source original creator Raymond Briggs.

In 2018, it has three types of Father Christmas 50p coin from Gibraltar in base metal, standard version with die marks AA/AB (i.e., currency/circulating commemorative coin), diamond finish standard version with NO die mark (i.e., uncirculated commemorative coin) and of course, diamond finish standard colour-printed version with NO die mark. In terms of coin striking quality, a 2018 Father Christmas 50p coin is much better than a 2017 Christmas 50p coin that is originally issued in 1992.

1. Currency coin with die marks AA/AB (Note AA/AB is underneath left arm)

  • Version AA
  • COMING SOON……

  • Version AB
  • COMING SOON……

2. Diamond Finish non-colour-printed, 50p ND coin

  • Father Christmas 2018, a 50p ND DF coin in a decoration
  • Father Christmas 2018, a 50p ND DF coin

It has been a while since last 50p coin in a decoration. One was likely seen in 2012, but later was fully replaced by a IOM Post Office small-sized card. And, never and ever a 2014 IOM Christmas 50p Snowman coin in a decoration was officially sold, please be aware of this cottage business.

The first surprise is that the Xmas 50p series has gone? Because in the year 2018, Father Christmas(tm) was big enough printed on the reverse of a Gibraltar 50p coin. In 2017, Christmas was highly seen on Gibraltar 50p coin. However, there was no any trace of Christmas on 50p coins. The second focus, of course, is that coin quality is much better than 2017 ones. At least, the mirror-like field is more or less visible. It looks boring that one singular object was drawn in design structure, meaning very simple in design. Thirdly, in contrast to 2017 Christmas 50p coins’ mintage, it came down to 7,500 coins, a bit smaller than 2017 ones. Last but not least, other coins in precious metal, silver proof and gold proof were both minted.

3. Diamond Finish colour-printed, 50p ND coin

  • Father Christmas 2018, a 50p colour-printed ND DF coin in a card
  • Father Christmas 2018, a 50p colour-printed ND DF coin

It seems that this colour-printed version is the first one made by the Pobjoy mint for Gibraltar. However, the disadvantage of this colour-printed version is painting so weak, might have a result of colour dropping over time.

*Most popular philatelic products are First Day Coin cover (i.g., FDC), and the key players are benham and westminstercollection in the UK. Others may exist but not included here. One 2018 Father Christmas 50p colour-printed DF coin was seen for sale and this FDC has a issue limit of 50. The number of 50 is very very small, but the story behind the 50 is very interesting to decipher. Eventually, this FDC programme was replaced by the Gibraltar Philatelic Bureau’s FDC. Both the 2 cases were achieved none! For collectors, they suffered a lot of pain during the course. (*Note: I wrote this paragraph after I put blog of Gibraltar Father Christmas 50p ND coin in 2019 online.)

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The Pobjoy Mint Die Mark (or batch code) A/B/C/D/E/F in 1978 onwards




The Pobjoy Mint Die Marks A B C D E and F in 1978 onwards




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Today, we are going to talk about so-called die marks, invented by the Pobjoy mint in 1973 on gold coins and presented on Isle of Man coins. They (the Mint, hereafter) have got the contract in 1972. A little bit background of the Pobjoy family, they had a airmotors company ltd and had strong background of engineering before stepping into this business. This business is very profitable like BBC Archive (2018) said a business without cash flow. According to MacKay (1978, p.63), “the first contract, with a value in excess of £5 million, came from the Bolivian Government, and was soon followed by similar contracts with the governments of the Isle of Man and Senegal.” How profitable is it, let us break it down. If you are familiar with financial sector like hedge fund managers, a rule of 2-20 with a value of £5 million works here, meaning 2% is for asset management fee and 20% of your profit on your asset.

A singular letter, for instance, A or B or C or D or E etc, is only used on precious metals like gold, then expanding on silver. The purpose of carrying a die mark on is to identify the particular die used in striking that coin. Now, let we have a look what singular die marks are, for the purpose of illustration of the die marks seen as follows:

  • Ancient Hiberno-Norse lettering
  • Note: sequences are in alphabetical from A to E. A very special die mark ‘X’ was defaced personally by William Dawson then the Tynwald Treasurer in 1974. Base metals in BU finish grade have double letters in association with the Prefix A, and in proof finish grade also have two letters with the Prefix B. “[p.82]… The dies used in striking proof and uncirculated versions of coins in precious metals have a single letter beginning with B, C, D and so on. The first letter or letters in each group (i.e., AA, BB or B), was used on dies which struck coins on 14th July 1978 only, the First Day of Minting (FDM) (MacKay, 1978).”

At this point, we can understand a singular die mark has no particular meaning but just for coin traces in order for identifying a die used in striking that coin. Most importantly, it is the concept of FDM.

  • D — left from 1978 (£1), right from 1979 (50p, Royal Visit) (Silver)
  • E — left from 1978 (£1), right from 1979 (50p, Royal Visit) (Silver)
  • F — left from 1978 (£1), right from 1979 (50p, Royal Visit) (Silver)
  • Note: £1 silver coins with a letter started in 1978, and it was the first pound coin in British decimalisation system. Given 1975 (50p) and 1976 (50p) in contrast, the two years had BU finish in perspex set only. However, the 1977 (50p) and 1978 (50p) ones were proof finish in velvet set only. The four sets mentioned here had no any die marks due to pre-1979. On the basis of the die marks D, E and F, at first glance, D die coin and E die coin they have a similar proof finish between the £1 coins ([D = E] > F). Secondly, E die coin has the best finish, and the lowest is F die coin among 50p coins where come from the Royal Visit IOM series (E > D > F). At this point, the F die letter it is understood to trace Satin Finish on coins either £1 or 50p.

Later on, to commemorating IOM £1 round coin on a base metal specifically Virenium, a 2-digit letter (BC) was revealed in 1978 as well. Based on information above, it has just been verified that Prefix B is equivalent to proof finish in grade (please see IOM £1 round coin or Die Marks BC article), this is a very solid point. This point also can be understood that a 2-digit letter is used to strike coins on base metals like virenium, copper-nickel (CN). Thirdly, it is understood that the sequence of C has the meaning of commemorative or celebrating by Tynwald.

From £1 coin below, you are able to see a). AA, BB and BC as a set and b). AA, AB, AC and AD as a subset from a).:

  • AA from 1978 (£1) (Virenium, FDM)
    • AA from 1978 (£1) (Virenium, FDM) & AB from 1978 (£1) (Virenium)
    • AC from 1978 (£1) (Virenium) & AD from 1978 (£1) (Virenium)
  • BB from 1978 (£1) (Virenium, FDM)
    • BC from 1978 (£1) (Virenium, Special Commemorative type)

From 50p coin below, you are able to see:

  • AA from 1979 50p coins (FDM)
  • Note: edge lettering noted.

  • AB from 1979 50p coins
  • Note: edge plain.

  • AC from 1979 50p coins*
  • *Note: left one, it was for New York Show in 1980 and edge lettering noted. You see it right now because they just made this gap to fit in this one. left: library finish & right: prooflike finish.

  • AD from 1979 50p coins
  • Note: edge lettering noted.

Note: a base-metal coin like CN 50p coin associated with die mark started in 1979. But, 1979 it was really important the year to Tynwald. A very interesting point, pictures above show many different finish 50p coins under Prefix A. However, there is no any 50p coins under Prefix B in comparison to £1 coin.

Beyond this point, you are going to see a 2-same-digit die mark coin like BB, DD and AA.

  • 1980 BB — IOM Xmas 50p coin (FDM)
  • Note: a very interesting set of two coins, because carrying the same die mark but different grades in finish. If a lower grade BB coin is considered FDM, what about BB in higher grade? And BC??? Can not see continuity. It is highly likely the Pobjoy own product. At this point, the BA die mark is making more sense now.

  • 1980 DD — IOM Proof set coin (FDM)*
  • *Note:The BB has been used on commercial commemorative coins, the only choice left is to choose the DD. It is understood from citing on Krause book foot note that they declare the BC as diamond finish in grade not the BB or the DD. A question unsolved now what the correlation between the F die letter and No die letter (ND) finish?

  • 1980 AA — IOM currency 50p coin (FDM)

Right now, you can clearly see that a group of 2-digit die marks indicates different finishes like BB, DD and FF have a superb finish in grade. Associated with different die marks, you are able to see different finishes on coins. It is hard to say the correlation among them, but, based on things we have known already, metrics [A, C, E] and [B, D, F] are created.

A C E
B D F

Reference
**BBC Archive (08, Oct 2018), #OnThisDay 1978, [Adapted on 15th, Nov 2018].

**MacKay, J.A. (1978), The Pobjoy Encyclopaedia of Isle of Man Coins and Tokens (2nd ed.). Surrey, England: The Pobjoy Mint.

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Isle of Man 50p Coin In 1994, 1997 & 2017 (Circulating Commemorative Coin)





Isle of Man Circulating Commemorative 50p coin in 1994 1997 and 2017






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It is very tricky to talk about this topic here. In terms of circulating coin (i.e., currency) and circulating commemorative coin, there is no a significant difference that tells you how to define/recognise them (i.e., benchmark). But, it is only occasionally addressed by officials over years. A final and solid outcome was written in black and write in 2017, due to an error made by the Tower Mint.

The Isle of Man is one of the Crown Dependence Isles, and is not part of the U.K. but is self-governing dependency of the Crown (Ministry of Justice). The government of the Isle of Man is called the Tynwald Court (hereafter Tynwald). Tynwald has two branches on the island, the House of Keys, and the Legislative Council (British-Irish Council). With regard to the two branch themes above on Fifty pence coins, they can be found in 2017 and 1994 respectively.

Probably, we have seen enormous coins or related-medals (either circulating currency coins or circulating commemorative coins) struck at the Pobjoy mint under permission of the Isle of Man government, this is because “The issue of its own currency is a positive statement of independence and the power of self-determination. It is also an important source of investment income which would otherwise accrue to the United Kingdom if that country’s currency was allowed to displace it” (Treasury, the Isle of Man Government). How many coins are they (the Mint) able to mint, it all depends on the IOM government demand.

It is clear right now that you have seen coins well-related with Tynwald itself only a few, like 1994 and 2017, but the amount of coins well-related with Queen E II struck at the Pobjoy mint (before 2017) is huge like 1978, 1979 and 2012 etc. In this blog, we will go through a set of three circulating commemorative coins, covering 1994, 2017 and 1997, as below.

  • 1994 Legislative building 50p UNC coin

  • 2017 the House of Keys 50p UNC coin (version I)
  • Note: this type of coin, named version I, was minted by the Tower Mint in England that is the brand new minter of the Isle of Man government since 2017.

  • 2017 the House of Keys 50p PF coin (version II)
  • Note: this type of coin, named version II, was minted by the Tower Mint, but the Tynwald claimed they were PROOFLIKE coins (see the apology letter). Because of this apology letter, it tells us that a) diamond finish coins by Pobjoy Mint are at least prooflike coins, and b) the coin in folder is actually a proof coin made by the Tower mint, but the Tynwald only say it is a prooflike coin, last not least c) the consistency of the Isle of Man coinage could never be broken, and also remember who is the big boss behind, the Tynwald Court.

  • 1997 Philip McCallen and Nigel Davies T.T.-related 50p UNC coin
  • Note: only large-sized 50p coins made in 1997 are collector’s coin due to in high demand.

The above three 50p coins tell us that how the Tynwald Court think and behave on the numismatic markets. Also, it is a solid way to understand how the Tynwald make its coinage business profitable and commercial-preferred. A very interesting question is going to be asked, who was the person put bets on 50p coin after the Decimalisation Day (D-day)? The Tynwald Court, or the Mint, or …? It is not hard to make a guess on a binary question (50/50), especially getting rid of the Mint quickly after more than 40 years last long standing relationship.

#The End

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Isle of Man Tourist Trophy (T.T.) 50p Standard Finish and Diamond Finish Coins from 1981 to 2016




Isle of Man Tourist Trophy 50p Diamond Finish and Standard Finish Coin



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First of all, this topic is all about circulating and/or circulating commemorative 50p cupronickel (i.e. base metal, silver in colour; 75:25 copper to nickel ratio) coins from the Isle of Man especially the Tourist Trophy (i.e., T.T.) events on the island. More clearly, we are going to split this chapter into two subparts. One part it is about to talk standard finish 50p coin in terms of uncirculated grade. Another part will direct us to diamond finish 50p coin in terms of prooflike grade. Meanwhile, you can find out what are so-called a “diamond finish” 50p coin. All then-standard and diamond finish TT 50p coins are solely minted by the British Pobjoy Mint® which is a private limited company (hereafter the Mint or PM) on behalf of the government of the Isle of Man (Tynwald, note Tynwald you need to see Viking Boats 50ps article) from 1981 to 2016.

Normally, a standard finish IOM 50p coin with only one strike that gives a complete finish on base metal has the purpose to serve people daily use on the island. Therefore, Manx collectors can easily find a 50p coin through their daily life. All standard finish 50p coins are most minted associated with “AA” on its reverse (note AA originally called the production batch codes). For some particular cases, it may appear “AB”/”AC”/”AD” under the A batch (or Prefix A) in the T.T. series, or more special cases AA appears on silver metal. Other single die mark like B, C, D (or E or F) represents precious metals. You will have less information here. Collectors normally call them as die marks (or die letters, interchangeable). They are definitely meant some information internally. Sadly, we can tell you nothing at the moment. Based on my experience, die letters tell me that may indicate many different types of mirrors associated with different striking pressures, times of striking, etc. Why do we see such difference of the die letters among coins? It is a good point to raise. However, it never ever concludes a convincible answer, even from the Mint itself.

Diamond finish 50p coins are specially created by the Mint for the purpose of producing higher standard quality on commemorative coins to serious collectors. The concept of “diamond finish” was invented by the Mint in early 1980s (note I personally think the term was derived from “diamond cut”, because the first mint-master has very strong background of jewellery). What is a coin with a “diamond finish”? In terms of a diamond finish, it is highly likely ProofLike (i.e., PL, no official confirmation) coin (e.g., 1980 IOM Xmas 50p BC coins). More information related to PL can be seen below. Bearing in mind that all diamond finish 50p coins come with die letters “BB” on reverse and a cert (e.g., it includes IOM T.T./IOM Xmas/some IOM Viking boats) originally. Interestingly, some diamond 50p coins in the T.T series come with NO “BB” when minted in late 1990s onwards. The techniques (for instance, matte mirror, reflectivity etc) used on diamond 50p coins are very detailed and enjoyable when you hold and look at it. Because the mirrored-field (or mirror-liked field) has higher reflectivity than a normal standard 50p coin but slightly lower than any proof base metal coins made by the Mint. Last, all T.T. 50p coins you are going to see within this chapter are made of cupronickel (Copper-3/4, Nickel-1/4 and appears silver in colour).

“Prooflike (PL) coins appear to look like proof coins but in reality have not been produced using the special proof process. This may include mirrored fields and cameo devices. The scale donates the proper designation for the coin, based on reflectivity, 2 to 4 inches of reflectivity; devices must be frosted.” 2 elements of prooflike coin: polished blanks are used to strike coins, and no proof dies used for mirror-liked field and frosted relief.
– pcgs.com

“For instance, PCGS notes that Prooflike Morgan dollars require ‘clear reflection in the fields on both sides from 2-4 inches away.’ The grading company states that a hazy effect or streaks may impede the reflectivity, generally indicating a semi-prooflike condition (which does not appear on the PCGS label).”
– pcgs.com

Having said a little about a prooflike finish above, it is time to reveal what the T.T. 50p coins look like now. In this part below, it contains two parts. Part I: it is the pre-1997 section (i.e., 1969 to 1997 echoes British coinage changes, 50p coins were 30.00mm in diameter and 13.50g in weight) and Part II: it is the post-1997 section (i.e., 1997 to date, 50p coins are resized to 27.30mm in diameter and 8.00g in weight).

Part I
In total, six T.T. 50p coins exist before 1997. They are: four T.T. 50p coins from 1981 to 1984) plus two T.T. related (ie., TTF1) 50p coins between 1996 and 1997 (note, by 30.00mm in diameter, therefore 6 in total, or by 27.30mm in diameter it is 7 in total. It all depends on the way how you count them). More details for each coin are as follows:

  1. 1981 T.T. commemorates 1980 winner–Joey Dunlop & Yamaha motor. Mintage 100,000 standard finish coins (AA/AB) & 30,000 diamond finish coins (BB).
  2. 1982 T.T. commemorates 1981 winner–Mike Grant & Suzuki motor. Mintage 100,000 (assumed) standard finish coins (AA) & 30,000 diamond finish coins (BB).
  3. 1983 T.T. commemorates 1982 winner–Ron Haslam & Honda motor. Mintage 100,000 standard finish coins (AA/AB/AC/AD) & 30,000 diamond finish coins (BB).
  4. 1984 T.T. commemorates the Sidecar T.T. nine times winner–Mike Boddice. Mintage 100,000 (assumed) standard finish coins (AA) & 30,000 diamond finish coins (BB).
  5. 1996 commemorates Philip McCallen Great achievement in 1996. Unknown mintage for both standard finish coins (AA) & diamond finish coins (NO die letters).
  6. 1997 commemorates Philip McCallen Great achievement in 1996. Unknown mintage for standard finish coins (AA, 30mm in diameter).
  7. 1997 commemorates Philip McCallen Great achievement in 1996. Unknown mintage for standard finish coins (AA, 27.30mm in diameter).

More specifically, 1981 Joey Dunlop
1981 T.T. 50p coin in pictures,
Note
Obverse designer A. Machin
Machine: Yamaha (747)
TT on top of the reverse
Circulating Commemorative issue (AA) and commemorative issue (BB)

  • 1981 TT 50p Diamond Finish BB coin w/o error
  • 1981 TT 50p standard finish AA coin w/ error
  • 1981 TT 50p standard finish AB coin w/ error
  • 1981 TT 50p standard finish AB coin
  • Variation on 1981 Misspelling Error Coins, Note “RACING” only on AB die mark and BB die mark coins. However, it makes a controversial point between AA die mark and BB die mark in terms of FDM. If no any controversy involved, BB die mark lost the FDM function on IOM TT 50p DF coin, and BB die mark only left with meaning of a diamond finish.

It is clearly seeing that the Mint really made a mistake when they produced 50ps of first the T.T. theme in 1981 (seen from pictures below). But they did not fully realise the “spelling” was an issue seriously, and not negotiate with other party properly before striking the first T.T. collection 50p coin. As you can see from pictures below, a small “hump” was used to cover up the first three REA of REARACING (the letters was originally supposed to be “REARACING”). It is very unclear that this hump was done by intension or dispute or economic situation in 1981. But having seen the small hump from pictures below, it really tells people that the Mint made it by intension for sure. This “accident” it is easy to remind collectors WHY did not they correct and recall and re-create a correct reverse die for a commemorative 50p in 1981? However, this mistake will last forever once collectors well noticed this significant difference. A real story behind bar nobody could tell and answer presumably.

1982 Mike Grant
Note
Obverse designer A. Machin
Machine: Suzuki (500)
TT on top of the reverse
Circulating Commemorative issue (AA) and commemorative issue (BB)

  • 1982 TT 50p Diamond Finish BB Coin
  • 1982 TT 50p standard finish AA coin

1983 Ron Haslam
Note
Obverse designer A. Machin
Machine: Honda
TT on top of the reverse
Circulating Commemorative issue (AA) and commemorative issue (BB)

  • 1983 TT 50p Diamond Finish BB Coin
  • 1983 TT 50p standard finish AA coin
  • 1983 TT 50p standard finish AB coin
  • 1983 TT 50p standard finish AC coin
  • 1983 TT 50p standard finish AD coin

1984 Mike Boddice
Note
Obverse designer A. Machin
Machine: Yamaha
TT on top of the reverse
Circulating Commemorative issue (AA) and commemorative issue (BB)

  • 1984 TT 50p Diamond Finish BB Coin
  • 1984 TT 50p standard finish AA coin

1996 Philip McCallen & Nigel Davies
Note
Obverse designer R. Maklouf
Why this one is related to T.T. (but for TTF1), you then have to understand first what is w privy noted in 1985. Because of the world-class famous T.T. events to Tynwald.
the 25th Anniversary of decimalisation in the Isle of Man.
NO T.T. logo.
right tail of the first A missing of AA noted, and also existed in 1997 large ones.
Circulating Commemorative issue (AA) and commemorative issue (ND)

  • 1996 50p diamond finish No die letters coin (PL, UNC)
  • 1996 50p standard finish AA coin (no mirrored-field, circulated)
  • 1996 50p standard finish AA coin from decimal mint set (UNC)
  • 1996 50p (likely) diamond finish AA coin (aUNC)
  • 1996 50p (most likely) diamond finish AA coin (semi-PL, mirrored-field, aUNC)
  • Extra: 1996 50p silver proof coin

1997 Philip McCallen & Nigel Davies
Note
Obverse designer R. Maklouf
Why this one is related to T.T. (but for TTF1), see note in 1996 above.
Echo UK coinage changes in resizing 50p coins in 1997.
NO T.T. logo
Circulating Commemorative issue (AA, 27.30mm in diameter) and commemorative issue (AA, 30.00mm in diameter)

  • 1997 50p standard finish AA coin (30.00mm in diameter)–a real collector coin
  • 1997 50p standard finish AA coin circulated (27.30mm in diameter)
  • 1997 AA standard finish 50p coin uncirculated (27.30mm in diameter)

From 1996 to 1999, the reverse was all about Philip McCallen & Nigel Davies (riders of the Formula One TT, TTF1). Also, during the period of 1996 to 1999, the Formula One T.T. theme 50ps coins were issued as circulating coins on the island. But all circulating coins were in a circle of 4-year window (see Viking Boats 50p part). Mintage figures assumed were around 6,000 coins (or less) each year. The one of the riders on reverse, Philip McCallen, became the first-and only-rider to win FOUR races in one week in 1996 T.T.–the Formula One T.T., Junior T.T., Production T.T. and Senior T.T. and almost made it for five races in Lightweight T.T.. His name was in the T.T. history book in 1996 as well. Motor machine maker was HONDA.

Part II
Information beyond this point, they are all about T.T. 50p smaller-sized coins and T.T. related coins after/(within) the period of 1997. In other words, the diameter of all 50p coins in 1997 afterwards is 27.30mm & 8.00g in weight. All diamond finish coins may come cross in this chapter. But it will be around the corner somewhere in this chapter.

If you are keen to collect IOM 50p coins, the themes on IOM 50ps circulating area coins you may have noticed are as follows:

  • 1971 to 1987 “Viking Boats/Long Boats” were struck (by the Royal Mint in 1971, the rest started from 1972 onwards to 03/2017 by the Pobjoy Mint) on 50p coins, regular issue coinage;
  • And, 1988 to 1995 “Computer Technology, PC” on 50p coins, regular issue coinage;
  • Moreover, 1996 to 1999 “Philip McCallen”, regular issue coinage;
  • And then, 2000 to 2003 “Pre-Norse Carved Cross”, regular issue coinage;
  • Last 2004 to Present “Milner’s Tower”, regular issue coinage.
  • Since 04/2017, the Tower Mint was pointed as IOM solo minter over the Pobjoy Mint.

All above stated coinages were regular issue coins and no any time gap(s) created and overlapped among 50p coin themes from 1971 to 2003 and even 1972/73/74 50ps. Note the 1972s, 1973s and 1974s were minted in 1975 for the purpose of continuity (i.e., 1972-1973-1974-1975 BU grade, 1971-1972-1973-1974 Proof grade by then). Obviously, this logic it is strongly connected before and after. Considering public information gathered, it tells us that all the 50p coins were followed by one simple rule “consistency” in time order Year by Year. However, ONLY the 1997 large-sized Philip McCallen 50p coin was overlapped between two different sizes in diameter but has the same reverse in IOM decimalisation system. It is more likely to commemorate and distinguish pre-1997 & post-1997 decimal eras on the island. Ahh, yes! It has one single commemorative 50p coin made in 1994, the Legislative Building. Moreover, the Xmas theme was started from 1980 till 2016. But this bit belongs to Xmas commemorative coin part. Dont forget to check that out! We will not reveal any info this chapter.

1998 & 1999, Philip McCallen & Nigel Davies
Note
Obverse designers I. Rank-Broadley (except R. Maklouf (1997) )
Why this one is related to T.T. (for TTF1), see note in 1996 above.
NO TT logo noted.
Currency coin (AA) and Circulating commemorative issue

  • 1998 50p standard finish AA coin
  • 1999 50p standard finish AA coin

1999 “Commemorative” coin, Yes or No??!!
In 1949, Isle of Man T.T. races became part of FIM Road Racing World Championship. In 1999, Isle of Man T.T. races celebrates its 50th anniversary and commemorates rider Robert “Les” Graham riding with 500cc AJS “Porcupine”. Whether this coin is a commemorative coin or not, it seems to people that it is not easy to answer it. If you consider a fact that regular issue coinage is in place alongside 1999 50p ones, so this type of 50p coin is a commemorative coin automatically, a very rare commemorative coin.

1999 “T.T.-related Commemorative” 50p coin
Note
Obverse designers I. Rank-Broadley (IRB)
NO T.T. logo
IOM T.T. races became part of FIM ROAD RACING WORLD CHAMPIONSHIP GRAND PRIX held since 1949 in the Isle of Man (the 50th Anni.)
Commemorative issue

  • 1999 50p diamond finish AA coin (made in 1990s from a FDC cover)
  • 1999 50p diamond finish AA coin (made in 2010s from the Mint direct)
  • A Comparison of the AA die marks above

2004 The Trophy
Note
Obverse designer I. Rank-Broadley (IRB),
The TT logo next to the trophy
Circulating commemorative issue

  • 2004 TT 50p standard finish AA coin (i.e., UNcirculated)
  • 2004 TT 50p standard finish AA coin (i.e., circulated)

2007 The Trophy and Sidecar
In this year, two 50ps exist, and both to celebrate the 100th Anni. of The T.T. on island.
Note
Either the trophy or sidecar obverses designers I. Rank-Broadley (IRB)
the trophy as exact SAME as the 2004 one
sidecar noted “100 YEARS”
T.T. logo both noted.
Circulating commemorative issue (AA)

>>2007 Type I: the Trophy

  • 2007 TT 50p diamond finish ND Coin, the Trophy
  • 2007 TT 50p standard finish AA coin

>>2007 Type II: sidecar

  • 2007 TT 50p diamond finish ND Coin, Sidecar
  • 2007 TT 50p standard finish AA coin, Sidecar

2009 Honda’s 50th Anniversary of world championship racing
Note
Obverse designer I. Rank-Broadley (IRB)
The Honda Wing logo & the 2009 TT logo noted.
The rider on coin: J McGuinness on a CBR1000RR Fireblade from his record breaking lap in 2007.
Circulating commemorative (AA) issue and commemorative (ND) issue

  • 2009 TT 50p diamond finish ND coin, Honda’s 50th Anni. of world championship racing
  • 2009 TT 50p standard finish AA coin, Honda’s 50th Anni. of world championship racing

2010 Suzuki’s 50th Anni. of its international racing
Note
Obverse designer I. Rank-Broadley (IRB)
The 2010 TT logo noted
The rider on coin Mitsuo Ito (JPN) on a Suzuki to victory in the 1963 50cc TT
Circulating Commemorative (AA) issue and commemorative (ND) issue

  • 2010 TT 50p diamond finish ND Coin, Suzuki’s 50th Anni. of its international racing
  • 2010 TT 50p standard finish AA coin, Suzuki’s 50th Anni. of its international racing

2011 Yamaha at T.T. 50 years
Note
obverse designer I. Rank-Broadley (IRB)
The 2011 TT logo noted
Circulating Commemorative (AA) issue which only one variety exits

  • 2011 TT 50p standard finish AA coin, 50 years of Yamaha at the T.T. (high grade)
  • 2011 TT 50p standard finish AA coin, 50 years of Yamaha at the T.T. (low grade)

2012 Enduro Motorcycle
Note
“Enduro Motorcycle” noted
obverse designer I. Rank-Broadley (IRB)
Motor cross (off-road racing)
Rider David Knight (IOM)
3-event held in the UK 2012 are as follows:

  • a). 2012 the Olympic Games held in London UK 2012 (Cyclist From IOM).
  • b). the Diamond Jubilee of Elizabeth II in 2012 (Queen Victoria celebrated in 1897).
  • c). Great sport events related to IOM (Motor racing famous around the islands).

Circulating commemorative (AA) issue

  • 2012 50p diamond finish ND coin, Enduro Motorcycle
  • 2012 50p standard finish AA coin, Enduro Motorcycle

2014 John McGuinness with 20 T.T. wins
Note
obverse designer I. Rank-Broadley (IRB)
T.T. logo noted
Circulating Commemorative (AA) issue

  • 2014 TT 50p standard finish AA coin, John McGuinness with 20 T.T. wins

2015 T.T. the legends
Note
TT logo noted
New theme called T.T. the Legends
obverse designer I. Rank-Broadley (IRB)
Circulating Commemorative (AA) issue
the last one bearing the 4th portrait of Q.E on IOM commemorative coinage

  • 2015 TT 50p diamond finish ND coin, T.T. the legends
  • 2015 TT 50p standard finish AA coin, T.T. the legends
  • 2015 TT 50p standard finish AB coin, T.T. the legends

2016 T.T. the legends
Note
T.T. logo noted.
The New portrait made by PM in place, echoing UK coinage changing.
PM is beneath bust back on obverse.
Circulating commemorative (AA) issue
The last one in series and like the last one of Xmas

  • 2016 TT 50p standard finish AA coin, T.T. the legends

At this point, you have seen IOM T.T. 50p coins that all are on the market through picture by picture above. No any precious coins are covered here I am afraid. This is because there is no particular value you after only mintage number. Considering the fact that circulating coin is well in place and circulating commemorative coin follows suit for the TT series for the period of 1981 to 2016, it concludes that the AA die mark is a basic point for the 50p coins struck by the Pobjoy mint after permission of the IOM government from 1975 to 2016. Coins like no die mark (indirect) or a prooflike finish (direct) are more sought-after from the IOM. A 50p coin with NO die mark is the one from 1996, and a 50p coin with a particular die mark definitely goes for 1983 (AC). Yes, the two coins mentioned have great value contained but still undervalued.

#The End

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