The Isle of Man Silver Angel is a bullion coin produced by the Isle of Man government. It is made of .999 pure silver and features a unique design depicting Archangel Michael slaying a dragon on the reverse side.
It first entered the market in 1995, and it quickly became a popular choice among silver investors and coin collectors. The Pobjoy Mint creates these coins, a private mint located in the United Kingdom, under a licensing agreement with the Isle of Man government. The design of the coin is based on the traditional English coinage of the Angel, which was first introduced in the 15th century.
Design of Isle of Man Silver Angel:
The obverse design of the coin features the portrait of Queen Elizabeth II. Raphael Maklouf created this portrait in 1985. It shows the Queen facing right with the words “ELIZABETH II” and the denomination of the coin inscribed around the edge.
The reverse design of the coin depicts Archangel Michael slaying a dragon. The Archangel is shown with wings outstretched, holding a sword in one hand and a shield in the other. The dragon is depicted as a fearsome beast, with its wings and claws outstretched as it tries to defend itself. The design also includes the words “ISLE OF MAN” and the year of the issue. The reverse design of the coin is meant to symbolize the triumph of good over evil.
Specifications of Isle of Man Silver Angel:
This coin is available in various denominations, including 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 5 oz, 10 oz, and 1 kg.
The weight and purity of the coin vary depending on the denomination of the coin. The 1 oz coin, for example, is made of .999 pure silver and weighs 31.1035 grams.
The diameter and thickness of the coin also vary depending on the denomination of the coin. The 1 oz coin has a diameter of 38.6 mm and a thickness of 3 mm. The 1/20 oz coin, on the other hand, has a diameter of 12 mm and a thickness of 1 mm.
Specifications for the one-ounce coin are as follows:
99.9% Pure Silver
Rarity and Value of Isle of Man Silver Angel:
The mintage figures for the coin vary depending on the year and denomination of the coin. Generally, the smaller denominations have higher mintages, while the larger denominations have lower mintages. Some of the rarer coins, such as the 1995 1 oz proof coin, have a mintage of only 15,000.
Grading and certification can play a significant role in determining the value of the Isle of Man Silver Angel. The coins are graded on a scale of 1 to 70 by third-party grading companies such as PCGS or NGC. A higher grade generally indicates a coin that is in better condition, and therefore, more valuable.
The market value of the coin is determined by a variety of factors, including the rarity of the coin, its condition, and current market demand. The current market value for a 1 oz Isle of Man Silver Angel typically ranges from around $20 to $40, depending on these factors. Some of the rarer or more collectible coins, such as the 1995-proof coin, can command significantly higher prices.
Collecting Isle of Man Silver Angel:
There are several reasons why someone may choose to collect the Isle of Man Silver Angel. One reason is the unique design of the coin, which is based on traditional English coinage and features a symbol of good triumphing over evil. Additionally, the coin is produced by the prestigious Pobjoy Mint and is considered a high-quality investment-grade coin. Finally, collecting the Isle of Man Silver Angel can be a fun and rewarding hobby for numismatists and precious metal enthusiasts alike.
Tips for Collecting Isle of Man Silver Angel:
When collecting the Isle of Man Silver Angel, it’s essential to consider factors. Such as rarity, condition, and historical significance. Collectors may also want to consider collecting a complete set of coins or focusing on specific denominations or years.
To ensure the authenticity and condition of the coins, collectors should purchase them from reputable dealers and have them graded and certified by a third-party grading company.
Proper storage and display of the coin can help to protect the coins from damage and maintain their value.
It’s recommended to store the coins in airtight containers. Such as coin capsules or plastic sleeves, to protect them from moisture, dust, and other contaminants. Additionally, collectors may want to display their coins in a coin album or display case to showcase their collection and protect the coins from handling damage.
The Isle of Man Silver Angel is significant for several reasons. Its unique design and symbolism make it a valuable addition to any coin collection, while its high silver purity and quality make it a popular investment-grade coin.
The coin also has historical significance, as its design is based on the traditional English coinage of the Angel, which dates back to the 15th century. Overall, the Isle of Man Silver Angel is a noteworthy coin that holds both historical and financial value.
With proper storage and maintenance, The Isle of Man Silver Angel can provide investors with a tangible asset that can be easily bought and sold in the global market.
However, for retirement investors, this coin might not be a good choice. Why?