The Isle of Man is a small island state located in between the UK and Ireland. The local currency is interestingly enough, called the Manx Pound. Its currently paired to the British Pound at a 1:1 ratio and both are widely used in the island today. The first Manx Pound dates back to 1668 when coins were minted by private individuals to circulate with the British Pound. Eventually the government stepped in to try and streamline issuing of currency.

Isle of Man 1 Pound | 1865 | P-2 |
Source: Banknote World Educational

The First Banknotes In Isle of Man

In 1865 the first banknotes were introduced in the Isle of Man. Before that there were coins. The first banknotes were printed by the Isle of Man Banking company. As time went on various other commercial banks issued 1 Pound banknotes same as what goes in Hong Kong in modern day. The 1 Pound, 1865 is part of the first generation, if you could describe the design it would be “straight to business”. For example, some of the commercial banks who printed their own banknotes are Barclays, Lloyds and Westminster to name a few. You can find various banknotes with their names on them such as the 1 Pound, 1936. On the top center you can find Westminster Bank Limited as well as the coat of arms.

Isle of Man 10 Shillings | 1961 | P-24b |
Source: Banknote World Educational

The overall design of Manx Pound banknotes did not change until 1961. In that same year, the government stopped commercial banks from issuing their own banknotes. Also, only the government would be allowed to legally issue banknotes from now on. They also started to feature Queen Elizabeth II on the front of the banknotes as well. The 1 Pound, 1983 design has carried into the modern day. it features the national symbol of the Isle of Man which is 3 legs, in the center. You can find a portrait of a young Queen Elizabeth II on the right hand corner. What do you think about the Manx Pound, should there be redesign in the future, maybe the use of polymer?

Isle of Man 1 Pound | 1983 | P-40c | Queen Elizabeth II |
Source: Banknote World

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