1 New Penny - Elizabeth II Ring and celtic chain, Silver

The Isle of Man gained full control over its own coinage with the Coinage Act of 1973, which broke a long dependence on British currency and allowed Douglas to issue distinct Manx pieces for the first time in the modern era. The 1975 silver issues were struck as collector pieces alongside the circulating base-metal versions, a practice the Manx authorities pursued aggressively through the 1970s to generate revenue from numismatic sales rather than taxation.

KM#20a is the silver variant of the circulation type, differentiated only by composition in the catalog sequence.