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1/5 Crown - Elizabeth II Sir Walter Raleigh

Issuer Isle of Man Treasury
Year 2003
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Value 1/5 Crown
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Reverse description Finely engraved portrait bust of Sir Walter Raleigh facing right, depicted in the Elizabethan fashion with a prominent ruffled lace collar characteristic of the late 16th century. The subject is rendered in high relief against a plain field. A circular inner border frames the portrait, with the commemorative legend arcing around the upper periphery reading '400th ANNIVERSARY OF THE LIFE OF QUEEN ELIZABETH I' and the denomination inscribed in the lower exergue, accompanied by the gold fineness and weight designation.
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Reverse lettering • 400th ANNIVERSARY OF THE LIFE OF QUEEN ELIZABETH I • 999.9 PM Au. 1/5 oz. CROWN
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Additional information

Sir Walter Raleigh's connection to the Isle of Man is essentially nonexistent, making this a purely commemorative issue capitalizing on the 400th anniversary of his fall from royal favor under James I. Raleigh was imprisoned in the Tower of London in 1603 — the same year James acceded — accused of treason in the Main Plot conspiracy, a charge historians have long considered politically convenient rather than substantively proven.

The Isle of Man Treasury issued numerous gold fractionals in this period targeting the collector market rather than circulation. Mintages were typically tightly capped.

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