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The Isle of Man Treasury has announced the launch of the latest set of Manx circulating coins, including a five pound coin.

The new coins will begin circulating from today, Monday 10 April 2017, on the Isle of Man, a self-governing Crown dependency situated between England and Northern Ireland with a population of around 86,000 people.

The coin set does not include the 1 and 2 pence, but a new five pound coin has been introduced of which 20,000 pieces are expected to be issued. The £5 coin has been considered legal tender on the Isle of Man since its release in 1981 but, with an average of 260 coins issued per year, it has previously been considered a collector’s coin.

The new designs include illustrations of Manx landmarks, themes and traditions, such as the Manx Shearwater, Manx cat, Viking longship, Loaghtan sheep, Raven and Falcon, Tower of Refuge and the Three Legs symbol.

Change of Mint

Surrey based Pobjoy Mint had produced coins for the Isle of Man for more than forty years but following a tender last year, London based Tower Mint began its ten year contract to produce coins for the Isle of Man Treasury on 1 April 2017.

Read the press release from the Isle of Man Government

Imagery courtesy of the Isle of Man Government.