Manx pound for the island since 1865. In 1971 the United Kingdom moved to a decimal currency, with the pound subdivided into 100 pence. The Isle of Man Government, having issued its own banknotes for ten years, took the opportunity to approach the Royal Mint and request its own versions of the decimal coins, which were introduced in 1971. The "Murrey Pennies" of 1668 were the first to depict the 'triskeles' symbol and the Island motto ""Quocunque Gesseris Stabit"" (sic), both of which have continued to feature on Manx coinage until the present day (the motto was corrected to ""Quocunque Jeceris Stabit""
Coins of the pound sterling 10p and 50p coins. The pound coin (£1) was introduced in 1983 to replace the Bank of England £1 banknote which was discontinued in 1984 (although the Scottish banks continued producing them for some time afterwards; the last of them, the Royal Bank of Scotland £1 note, is still in production ). The designs on the one pound coin change annually in a largely five-year cycle. The decimal half penny coin was demonetised in 1984 as its value was by then too small to be useful. The pre-decimal sixpence, shilling and two shilling coins, which had continued to circulate alongside