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1/2 Sovereign - Elizabeth II Bicentenary of Revestment Act, Gold Proof 23.5ct

Issuer Isle of Man
Year 1965
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Technique Milled
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Obverse description Right-facing effigy of Queen Elizabeth II, truncated at the shoulder, wearing the Girls of Great Britain and Ireland tiara. The portrait is rendered in high relief in the style of Thomas Humphrey Paget, with fine detail in the hair and diadem. The commemorative legend encircles the bust, referencing the Bicentenary of the Revestment Act, with the date 1965 and the engraver's initials HP appearing in the field.
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Edge Reeded
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The Revestment Act of 1765 ended the so-called "Running Trade" — the Isle of Man's institutionalized smuggling economy, which had made the island a transshipment hub for untaxed goods flowing into Britain. Westminster effectively bought out the feudal rights of the Dukes of Atholl for £70,000, folding Manx customs revenues into the Crown. This 1965 issue marks the bicentenary of that transfer. The .980 fineness is notably purer than the standard British sovereign alloy of .9167, a deliberate distinction for this commemorative rather than a continuation of circulating coinage practice.

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