Isle of Man Angel
The first Isle of Man government coin was issued in 1709 and was made legal tender in 1710. After 1839, Isle of Man coins were no longer issued and were replace with coins from the United Kingdom. Furthermore, an act was passed that the currency of Great Britain was to be the currency of the Isle of Man. This is an Isle of Man law that remains to this day. Although the Isle of Man is a small British Crown Dependency, it has issued many different types of gold coins over the years.
Most of these coins have been produced by the Pobjoy Mint since 1970. These coins include; Gold Isle of Man Sovereigns and Half Sovereigns, Gold Cats, which are collector coins, and the Gold Isle of Man Angel, which we will profile here.
Gold Angel Coins from the Isle of Man are truly unique and have beautiful designs. The coins are popular with both investors and collectors. They also make excellent gifts because they are associated with good fortune, luck and well being.
History of Angel Gold Coins
Angel coins have a long and rich history that dates back to 1465 when the first English angel gold coin was released under Edward IV. The original gold angel continued to be minted until 1642. These coins were given their name based on the depiction of Michael the archangel slaying a dragon.
The Angel was said to bring good health and success. In a mediaeval ceremony the coin was given to people with a disease called the “King’s Evil” to heal them with the “royal touch”
Angel coins have become famous. There are even English pubs who have been named after it.
Angel Gold Coin Isle of Man (1984-2016)
Isle of Man Angel gold coins were initially issued in proof only in 1984. Since 1985, the gold bullion version and proof editions have been minted every year. The proof editions will often carry a higher premium than the bullion edition. Proof coins have a limited mintage and use a more specialized manufacturing process.
The Isle of Man gold angel coin comes in 1 oz, ½ oz, ¼ oz and 1/10 oz. The ¼ oz angel is no longer being produced. The angel bullion coin is also available in silver.
The gold angel had a purity of .999 until 1993 and then the fineness was increased to 24 karat gold (999.9) from 1994. As mentioned, the coin has been consistently produced in the 4 weights outlined above, however, there were times when the angel was minted a variety of different coins sizes from 1 oz to 1/25 oz. Some of these have lower mintages.
The motif side depicts the iconic image of St. Michael the Archangel slaying a dragon. The design is very specific and outlines the smallest details of Michael and the dragon. The motif is pictured against a smooth surface background which enhances the design.
Below the motif is the metal content and the weight, which reads as “finegold” and the weight. The name of the coin “ANGEL” is inscripted at the bottom outer edge. There is also a thick ornamental circle that surrounds the outer edge which contributes to the uniqueness of the design. The edge bar is slightly raised, which protects the coins surface from damage.
The reverse side depicts a profile of her majesty Queen Elizabeth II. The inscriptions around the outer edge read “ISLE OF MAN” and “ELIZABETH II”. The date of issue is below the motif of the queen.
The gold angel depicts different designs of Queen Elizabeth II depending on the edition. Featured in the angel series are separate designs of the queen from coin artists Raphael Maklouf, Ian-Rank Broadley, and Jody Clark.
Product Specifications 1 oz Size
Weight: 1 oz
Diameter: 32.7 mm
Thickness: 2.8 mm
Product Specifications ½ oz Size
Weight: 0.5 oz
Diameter: 27 mm
Thickness: 2.2 mm
Product Specifications ¼ oz Size
Weight: 0.25 oz
Diameter: 22 mm
Thickness: 1.8 mm
Product Specifications 1/10 oz Size
Weight: 0.10 oz
Diameter: 16.5 mm
Thickness: 1.25 mm
New Direction for 2017
For many years Isle of Man coins were produced by the Pobjoy Mint in Great Britain. However, the Isle of Man recently decided to terminate its relationship with the Pobjoy Mint and has selected Tower Mint as its new partner.
Owned by famed artist and coin engraver Raphael Maklouf, the Tower Mint has a four decade history minting bullion and commemorative coins. Raphael Maklouf is best known for his artistic portrait of Queen Elizabeth II, which appeared on all circulation coins in the U.K. from 1985 to 1997. The agreement with the Isle of Man will be for 10 years and the new partnership kicked off in March of 2017.
Tower Mint has become one of the leading private mints in the U.K. The mint supplies coins and metals to the government of Gibraltar, Government of Tuvalu, Andorra and Bank of Ghana.
Some isle of Man commemorative coins will also be minted through a partnership between Tower Mint and Coin Invest Trust (CIT) located in Lichtenstein.
Angel Gold 1 oz Coin 2017
The new 2017 edition of the gold angel depicts the traditional design of St. Michael slaying a dragon. The coin has the same level of intricate detail as the prior editions. The biggest difference is the change in purity to 999 fine gold. The coin also has a very limited mintage of 100 pieces. The reverse side of the coin depicts the right side profile of Queen Elizabeth II. The initials “JC” appears just above the left shoulder of the queen and stand for coin designer Jody Clark.
Product Specifications (2017 1 oz Edition)
Weight: 1 oz
Diameter: 32.6 mm
Mintage: Limited mintage of 100 coins
Angel Gold ½ Gram Coin 2017 Proof Edition
This 2017 proof version is produced by Coin Invest Trust (CIT), which is a private mint located in Lichtenstein. The coin was re-designed, however it still features the iconic image of St. Michael slaying a dragon. The artist for the design is Raphael David Maklouf. The design depicts St. Michael with a cross on the shield spearing the neck of a fire breathing dragon. Above the dragon is the symbol for the Isle of Man. The profile of the queen is also the rendition designed by artist Jody Clark.
Product Specifications (2017 ½ Gram Proof Version)
Weight: 0.5 grams
Diameter: 11 mm
Mintage: 15,000 coins
Gold angels are a high quality bullion coins that have very unique and
beautiful designs. The coins origin dates back several hundred years.
Most years the coin has been produced in a proof and bullion edition.
This feature makes it popular for both investors and collectors.
The coin is available in fractional sizes which are ideal for first time gold buyers or for those who want to add to a current gold bullion collection.
Brief History of the Isle of Man
The Isle of Man became an island approximately 8,500 years ago when rising sea levels cut Britain off from continental Europe for the last time. It is estimated that the island was colonized sometime around 6500 BC during the Mesolithic era. The Isle of Man would later become controlled by the Scottish and then British empires. It has been a Crown Dependency since 1866 and has democratic self government.
Gold investors and collectors should become familiar with the factors that influence the gold price. These factors include global supply and demand, interest rate policies, and geopolitical risks/factors. Understanding these price factors can help to determine the right entry price for gold. It is also important to understand the history of gold as a monetary asset. Many gold investors and collectors look at gold as a long term investment and a strategy for wealth protection and preservation.
The premium is the cost and margin of the mint and bullion dealer. Premiums can vary widely because each bullion dealer has a different cost structure. Always choose a bullion dealer that has a proven track record in the business. This will make the buy back process much easier when you decide to sell.
In addition to the cost and margin of the mint and bullion dealer, there are other factors that can influence the premium. These include:
The condition of the coin. Proof coins and coins in mint state will often carry a higher premium than regular minted bullion coins.
Coins with historical importance or significance will also often have a higher premium.
Limited mintages will also carry a higher premium. This is due to the higher demand for the coin. Limited mintages can sometimes have collector value.
In Germany, investment gold coins are exempt from VAT regulated in § 25c UStG. The following criteria make the Isle of Man angel investment gold.
The gold coin must have been stamped after 1800.
It must be or have been an official means of payment in the country of production.
It must have a fine gold content of at least 900/1000.
The gold coin may not exceed the open market value by more than 80%
Manufacturer: Pobjoy Mint up until 2017
Manufacturer: Tower Mint as of 2017
Country of origin: Isle of Man
Series Name: Angel
Weight: 1 oz, ½ oz, ¼ oz. 1/10 oz
Scratch resistance: Good
There are no products matching the selection.