10 Pence - Elizabeth II Falcon, Silver

Pobjoy Mint struck this piece for the Isle of Man, which has maintained its own coinage rights independently of the Royal Mint since the late eighteenth century. The falcon series issues of this period were produced in multiple metal variants simultaneously — cupro-nickel for circulation, and silver and gold for collectors — a commercial model Pobjoy had refined into a reliable revenue stream for the Manx government by the early 1980s.

The .925 silver strikes were not legal tender in any practical sense; they were sold at a premium directly into the collector market.