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1 Angel - Elizabeth II Archangel Michael - Dragon

Issuer Isle of Man
Year 2009
Type Non-circulating coin
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Obverse script Latin
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Reverse description A highly detailed, finely sculpted winged dragon occupies the full field of the reverse, depicted in dynamic coiled posture with scaled body, outstretched claws, and open jaws, being pierced by a spear in reference to the legend of Saint Michael and the dragon. The creature's sinuous tail curves around the lower field, and intricate relief work highlights individual scales and wing membranes. The Pobjoy Mint initials PM appear at lower left. Below the central design, the denomination and fineness inscription are displayed in bold lettering within the lower exergue, with a decorative rope border encircling the entire design.
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Additional information

The Angel series, launched by the Isle of Man in 1984, was among the earliest bullion coinage programs to adopt a religious iconographic theme as a deliberate marketing differentiator from the Krugerrand and Maple Leaf. The Isle of Man Treasury retained tight control over annual design variations, meaning the specific reverse treatment on any given year can differ subtly from the last — a policy that built a collector following alongside the bullion buyer base.

The 2009 issue arrived as gold spot prices were climbing sharply out of the post-Lehman crash, driving unusually strong demand for fractional and one-ounce issues alike. The .9999 fineness specification, rather than the .9167 of earlier Angels, had been adopted years prior to align with Canadian and Australian competitors.

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