Decimal Day and 10p coin equivalents, co-existed in circulation as valid currency until the early 1990s. In theory this included coins dating back to 1816; in practice the oldest were dated 1947, when these coins stopped containing silver. The coins were withdrawn when smaller 5p and 10p coins were introduced in 1990 and 1992 respectively. The face value of Maundy money coins was maintained, increasing all their face values by a factor of 2.4, as the coins continued to be legal tender as new pence. The numismatic value of each coin, though, greatly exceeds face value. The decimal halfpenny (p), introduced in
Coins of the Manx pound the circulating coins. One reason for this is to increase sales to collectors, which can be an important source of income in small countries. The Manx pound matches the pound sterling and went decimal in 1971, with the UK, however since this date the Isle of Man has been at the forefront of coin innovation: The £1 coin was introduced on the Isle of Man in 1978, 5 years before the United Kingdom's equivalent, and there is currently a circulating £5 coin. Below are descriptions of some of the different designs in circulation from the Isle of Man. This page