{"id":844,"date":"2017-03-20T13:30:37","date_gmt":"2017-03-20T13:30:37","guid":{"rendered":"https:\/\/www.towermint.co.uk\/?p=844"},"modified":"2021-01-07T09:25:57","modified_gmt":"2021-01-07T09:25:57","slug":"isle-of-man-and-the-tower-mint","status":"publish","type":"post","link":"https:\/\/www.towermint.co.uk\/isle-of-man-and-the-tower-mint\/","title":{"rendered":"Isle of Man and the Tower Mint: First-strike ceremony for a new coin and a new relationship"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n

Isle of Man and the Tower Mint: First-strike ceremony for a new coin and a new relationship.<\/h1>\n

[\/vc_column_text][vc_separator color=”orange” border_width=”3″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1519141846044{padding-top: 15px !important;}”][vc_column width=”2\/3″][vc_column_text]<\/p>\n

It was a day of all change on Thursday the 9th\u00a0March 2017 when representatives of the Treasury of the Isle of Man attended the first-strike ceremony and inauguration of the new series of circulation coinage for the self-governing Crown dependency.<\/h3>\n

[\/vc_column_text][vc_column_text]From the\u00a01st April, the Tower Mint, United Kingdom, become the island\u2019s official minter, having won a bid tendered out last year. The change of minters has been described as a new phase of coinage for the Isle of Man, one that will usher in a new era of dynamic and bold designs as well as a new circulation \u00a35 coin.[\/vc_column_text][vc_column_text]The day was hosted by the owner of the Tower Mint, the world-renowned sculptor and artist Raphael Maklouf, who introduced his team and greeted assembled mint guests. Among them were representatives from blank suppliers, distributors, marketing, and numismatic editors and publishers. Mr. Maklouf introduced Ms. Paula Primrose, the Isle of Man\u2019s chief accountant, as well Mr. Colin Campbell, the Isle of Man\u2019s investment and banking manager, whose job it would be to strike the new coins. Being struck today was a new commemorative coin celebrating 150 years of the first general election of the House of Keys\u2014the directly elected lower branch of Tynwald, which took place in April 1867.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″][vc_single_image image=”848″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1519141832454{padding-top: 15px !important;padding-bottom: 15px !important;}”][vc_column][vc_separator color=”custom” accent_color=”#cecece”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Mr. Maklouf commented further that today was a very special day not only for the Tower Mint but for the Isle of Man, who would be inaugurating a new effigy of HM Queen Elizabeth II on their 2017-dated coinage. The new portrait is the work of Jody Clark, product designer and engraver at the Royal Mint. The portrait was created at the same time as the definitive, fifth portrait that has been in use on all British circulation coins since March 2015.[\/vc_column_text][vc_column_text]After introductions were completed, the time to strike the new coins was at hand, and it was Ms. Primrose who duly carried out the honour. She pushed the minting machine\u2019s button, and a new, Proof-quality commemorative 50 pence emerged to the delight of all guests, who had an opportunity to inspect the new coin. It was then passed to Mr. Maklouf, who encased it in a special frame and presented the coin to Ms. Primrose. A second commemorative 50-pence coin was then struck by Mr. Colin Campbell, who was also presented with his own strike. Mr. Campbell commented the coin would be proudly shown to treasury representatives on his return to Douglas, the capital city and seat of the Isle of Man government.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1519141832454{padding-top: 15px !important;padding-bottom: 15px !important;}”][vc_column][vc_separator color=”custom” accent_color=”#cecece”][\/vc_column][\/vc_row][vc_row gap=”20″ equal_height=”yes” css=”.vc_custom_1527770687471{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;padding-right: 10px !important;padding-bottom: 15px !important;padding-left: 10px !important;}”][vc_column width=”1\/3″ css=”.vc_custom_1527770462513{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”850″ img_size=”full” css=”.vc_custom_1527769773651{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527770510417{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Ms. Paula Primrose, chief accountant of the Isle of Man Treasury, strikes the first coin on the day: a new commemorative 50-pence Proof coin that marks the 150th\u00a0anniversary of the first election of the House of Keys.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1527770468460{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”851″ img_size=”full” css=”.vc_custom_1527769797562{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527770538100{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Ms. Primrose holds up the first 2017-dated coin struck by the island\u2019s new official minter from the 1st\u00a0April.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1527770552482{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”243″ img_size=”full” css=”.vc_custom_1527769548416{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527770544130{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Raphael Maklouf presents the first Tower Mint coin to Paula Primrose.[\/vc_column_text][\/vc_column][\/vc_row][vc_row gap=”20″ equal_height=”yes” css=”.vc_custom_1527770687471{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;padding-right: 10px !important;padding-bottom: 15px !important;padding-left: 10px !important;}”][vc_column width=”1\/3″ css=”.vc_custom_1527770462513{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”852″ img_size=”full” css=”.vc_custom_1527770010871{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527778054653{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Mr. Colin Campbell, investment and banking manager for the Treasury, strikes the second 2017-dated Tower Mint coin on the day.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1527770468460{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”860″ img_size=”full” css=”.vc_custom_1527770265646{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527778068331{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Mr. Campbell inspects the new coins closely with Mr. Maklouf looking on.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1527770552482{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”859″ img_size=”full” css=”.vc_custom_1527770305773{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527778074070{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]The final product, a Proof 50-pence coin that now includes a new portrait of HM Queen Elizabeth II as created by engraver Jody Clark of the Royal Mint.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The visit for treasury representatives and guests included a tour of the Tower Mint\u2019s production floor, which also saw the start of the minting of new \u00a31 coins. In total, the Isle of Man will introduce seven new coins this year with denominations from \u00a35 to 5 pence and with entirely new reverse designs, including a new royal portrait on the obverse. With the tour and the strike ceremony concluded, the Tower Mint management offered guests the chance to also strike their own visitor\u2019s gold-plated medal, designed by Mr. Maklouf. \u00a0New Isle of Man coins will be presented to the Manx public during a launch ceremony in Douglas on the 10th\u00a0April, when the coins will officially be released. The new agreement between the government\u2019s treasury and the Tower Mint will be in effect from the 1st\u00a0April and will continue for a 10-year period. The Tower Mint commented that collector sets including Brilliant Uncirculated mint and Proof sets, in base metal as well as precious metals, will go on sale to eagerly awaiting collectors at a later date.\u00a0The Tower Mint will also be working closely with Westminster Collections, premier distributors of foreign and British coins, who will play a key role in further activity for the sale and marketing of Isle of Man products.[\/vc_column_text][\/vc_column][\/vc_row][vc_row gap=”20″ equal_height=”yes” css=”.vc_custom_1527770687471{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;padding-right: 10px !important;padding-bottom: 15px !important;padding-left: 10px !important;}”][vc_column width=”1\/3″ css=”.vc_custom_1527770462513{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”875″ img_size=”full” css=”.vc_custom_1527844318028{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527843737424{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Ms. Primrose inspects the remaining dies, which will produce the other denominations in time for their official release date of the 10th\u00a0April.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1527770468460{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”874″ img_size=”full” css=”.vc_custom_1527844334265{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527843748709{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]Mr. Maklouf inspects the newly minted \u00a31 coins, which commenced on the day in time for visiting guests to see the results.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1527770552482{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-color: #f2f2f2 !important;}”][vc_single_image image=”873″ img_size=”full” css=”.vc_custom_1527844344105{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1527843767058{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 15px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;background-color: #f2f2f2 !important;}” el_class=”caption-box”]A work sheet is posted on the minting press, showing the new \u00a31 coin.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

It was a day of all change on Thursday the 9th\u00a0March 2017 when representatives of the Treasury of the Isle of Man attended the first-strike ceremony and…<\/p>\n","protected":false},"author":7,"featured_media":870,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"yoast_head":"\nIsle of Man and the Tower Mint: First-strike ceremony for a new coin and a new relationship<\/title>\n<meta name=\"description\" content=\"From the\u00a01st April, the Tower Mint, United Kingdom, become the island\u2019s official minter, having won a bid tendered out last year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.towermint.co.uk\/isle-of-man-and-the-tower-mint\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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