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5 Pounds - Elizabeth II Bicentenary of Revestment Act, Gold Proof 23.5ct

Issuer Isle of Man
Year 1965
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Reference(s) KM#17a, Schön#17a
Obverse description Right-facing truncated effigy of Queen Elizabeth II, wearing the Girls of Great Britain and Ireland tiara, rendered in the classic portrait style by Thomas Humphrey Paget. The Queen's bust is shown in fine relief with delicate detail to the hair and tiara. The commemorative legend encircles the portrait, with the engraver's initials HP appearing at the truncation. The design commemorates the bicentenary of the Revestment Act of 1765.
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Reverse lettering QUOCUNQUE · JECERIS · STABIT · 1965 ·
(Translation: Whereever you throw it, it will stand)
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Additional information

The Revestment Act of 1765 ended the so-called "running trade" — the Isle of Man's extraordinarily profitable smuggling economy that had made the island a thorn in Britain's side for decades. Westminster purchased the feudal rights of the Atholl family for £70,000 plus a pension, bringing Manx customs under Crown control and collapsing an industry that had supplied contraband tea, brandy, and tobacco to half of northern England.

This 1965 issue marks the two hundredth anniversary of that transfer. Struck at .980 fineness rather than the .916 standard of British gold coinage, it sits outside the conventional sovereign series entirely.

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