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Isle of Man Decimal Coin the Laxey Water Wheel in 2004 and Tosha Cat in 2011


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Actually, I do not want to talk about the Laxey water wheel itself, but just generally specify the fact of the Laxey water wheel being on IOM coinage over time.

Part I

According to wikipedia, the Laxey Water Wheel is the largest working wheel in the world. This landscape you are able to see is not only on IOM coins but also on its banknotes. Here, we talk about the Laxey water wheel on decimal coins mainly. In terms of the Laxey water wheel, we are not going through its history instead of discovering the Laxey water wheel the object on 2004 IOM coins. Hereafter, you are going to see interesting things behind on coins.

  1. 1976 — 1979, the Laxey Water Wheel on nominal 5p coin (i.e., 5×10^0);
  2. 2004, the Laxey Water Wheel the 150 Anniversary on nominal Xmas 50p coin (i.e., 5×10^1);
  3. 2004 — 2016, the Laxey Water Wheel was upgraded to nominal £5 virenium coin (i.e., 5×10^2);
  4. 2004, the Isle of Man government issue a Tourist Trophy 50p coin 2004-verison.

Based on the facts above, you probably notice two things already. One thing is that the first appearance of the Laxey water wheel lasts 9 years by the way of (1 + 8) years, and the second appearance is 24 years later since 1979, 3 times of the length of 1st appearance (excluded 1 year). In the same time, the third appearance straightly jumps to £5 coin with no any breaks in 2004. Totally, the Laxey Water Wheel covers 40 years on IOM coins made by the Pobjoy Mint. Within 40 year, you can feel and see the logic and consistency. Also, here it is the answer to the IOM Xmas series the Laxey water wheel appeared in 2004.

Another thing is that it is (up to) three 50p coins in a row in 2004, meaning, 1x circulating coin (i.e., 1x Milner’s Tower currency coin) and 2x commemorative circulating coins (i.e., 1x Xmas series 50p coin & 1x T.T. series 50p coin). Similar thing happened in 1994, PC 50p coin, Xmas 50p coin and Legislative building 50p coin. Normally they do one circulating 50p coin and one commemorative circulating 50p coin same time. However, it is massive production in contrast to recent IOM 50p coin issues, like 2019 ICC Cricket World Cup 50p coin (x5), 2018 Sapphire Coronation 50p coin (x5)). Note 2012 4x 50p coins it is a special case and 2 Xmas 50p coins in a row in 2008 and it failed to do so.

Part II

IOM decimal coin Collection set normally it has two versions, with £5 (9-coin) and without £5 (8-coins) on the secondary market in 2004 onwards. Originally, it started a 6-coin decimal set in 1971 by the Royal Mint. Due to unknown reason(s), a decimal coin 8-coin set is less seeing than a 9-coin set. However, a 2011 decimal coin collection set (9-coin) is very different in terms of £2 and 50p coin. The two coins are both commemorative. It is hard to see this in a year mint set from 2004 onwards.

  • 2011 Isle of Man Decimal Collection Coin set (9-coin)
  • 2011 IOM £2 UNC coin Tosha Cat
  • 2011 IOM 50p UNC coin Yamaha at TT 50 years

To sum up, we talked the Laxey water wheel on 2004 IOM coins especially 50p coins and 2011 £2 coin Tosha cat as well. The year 2004, it was a turning point either to the Tynwald Court or to the then Minter.

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Isle of Man Decimal Proof and Diamond Finish Coins 1978 vs. 1980 vs. 1981


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Isle of Man Decimal Proof (PF) and Diamond Finish (DF) Coins 1978 vs. 1980

This topic, it is mainly going to talk about Isle of Man proof decimal coins in base metal pre-1980, for instance, a 1978 proof set. However, it covers 1981 diamond finish decimal coins. The reason of mentioning the 1981 decimal diamond set, obviously, is due to the first £5 (crown-sized) coin in Britain decimalisation system on the island. What is more, a 2017 50p commemorative coin struck at the Tower Mint will be a supportive point to echo this topic.

What had happened in 1978? At least 3 points to say. Firstly, most importantly, it was the year of the 25th Anniversary of Coronation of Queen Elizabeth II. Secondly, the first £1 round coin issued on the island for the first £1 coin in the British decimalisation system. Last, this proof technique was first showing in base metal coin, 2 years early than the Royal Mint. A 1978 proof set is the very first proof finish standard in base metal in Britain decimal coinage. Back at that time, there was not any proof sets or single coin at the market (e.g., particles, mirror-liked field etc) even the Royal Mint world-class minter had no product to show off, for instance, 1973 UK 50p coin Hands in Hands not struck with a proof finish standard and British decimal set in 1980 onward with a proof finish standard issued. Indeed, the 1978 proof set has enormous numismatic value in terms of collection value.

Above 3-point carried on a 1978 IOM proof set, it is all behind each 1978 proof set. A issue limit is unknown. But based on 1996 IOM silver proof set issue limit, for the purpose of celebrating the 25th decimalisation on the island, 1996 silver sets were produced, say 25–1996. Let we make a guess on 1978 issue limit, it could be like say 25–1978. However, it somehow has the base of 25. Therefore, a issue limit is between 25 (i.e., min.) and 1978 (i.e., max.). At this point, we conclude that the 1978 decimal CN proof set indicates that the closest relationship between the Tynwald government and British Monarch.

  • 1978 Isle of Man Proof Decimal 8 Coins, mintage unknown

The 1978 proof set contains coins from 1/2d (the smallest value coin) up to Crown, 8-coin with a Pobjoy Mint medallion. The most interesting thing is virenium £1 coin within the set. Also this Pound coin makes a huge achievement in Britain decimalisation history–the very 1st Pound coin, considering Great Britain Pound coin issued in 1983. The 1978 proof set issue limit is unknown, this is very typically and mysteriously things they love to do. I personally would say it is 1,000 sets (or less, this would be dependent on the demand variable and the proof set popularity variable in 1978). Why is 1,000 sets? Please see 1981 Diamond Finish decimal 8-coin with £5 and 1972-74 decimal 6-coin, they are all 1,000 sets each.

It is said that they (the Pobjoy mint) upgraded their machinery in 1980 and declared Diamond Finish (DF) Standard for a higher standard finish to collector at same year. Actually, DF is highly likely a prooflike finish (see 2017 the Treasure of Isle of Man, “press once on pre-polished blank”), lower than proof finish standard in terms of grade. See supportive evidence that 2017 Isle of Man House of keys 50p proof coin. Tynwald did not allow their new staff IOM post office (used to be the Pobjoy mint job) sell and advertise 50p “proof” coin instead a letter from the Treasure cancelling wording “proof”, but coins were actually struck at a proof standard by their new minter the Tower mint. Here it is another story untold.

Next, it is 1980 diamond decimal set.

  • 1980 Isle of Man Diamond Decimal 7 Coins, limited at 25,000 sets

You probably notice that coin grade between 1978 and 1980 is totally different. This is the significant difference between the two decimal sets in terms of coin finish standard. It is probably the reason they declared the diamond finish in 1980. The 1978 decimal set coin was struck at level of proof finish standard, however the 1980 set coin was only a diamond finish standard (i.e., prooflike finish). Also, the 1980 set had no crown sized coin with it. This might be a clue directing that a new higher nominal face value coin would be born in 1981? The DD batch code/die mark was shown on the 50p CN coin and BB on £1 coin in 1980. The prefix B and prefix D assigned on decimal diamond finish sets have had a stir internally, but finally the prefix B was the winner (please see IOM Xmas 50p diamond finish BC coin (1980/1981) and/or Gibraltar Xmas 50p DA coin (2019)). As you can see above, the 1978 50p proof coin has no die mark on (ND). Later soon, a 50p coin of a 1984 Decimal diamond finish set is ND as well. However, the first Xmas 50p coin with ND was struck in 1994 Wren hunt. At this moment, it has no any evidence indicating the relationship between a 50p proof coin w/ ND and a 50p proolike coin w/ ND. But array of the years, 1984 & 1994 and 1987 & 1997, are another things to look into.

Finally, 1981 diamond decimal set comes to an end of this topic.

  • 1981 Isle of Man Diamond Decimal 8 Coins, limited at 1,000 sets

The year 1981, it had two different decimal sets, 7 coins without £5 crown-sized coin limited at 25,000 sets and 8 coins with £5 crown-sized coin limited at 1,000 sets. Eventually, it had a total of 26,000 sets. Oooohh, wait, 1,000 sets for 8-coin set, the no. 1,000 echoes a). 1,000 sets of 1972/73/74 decimal UNC 6-coin respectively and b). 1000 years of Tynwald 1979, the oldest continuous parliament in the world. Therefore, it concludes that the mintage of 1978 decimal proof set it was highly likely to set at 1,000. How many sets sold in the past, nobody knew.

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