Silver Ounce 2017 Pegasus and Athena, Proof, Coin from British Virgin Islands - detailed information

Silver Ounce 2017 Pegasus and Athena, Proof, Coin from British Virgin Islands
CoinSilver Ounce 2017 Pegasus and Athena, Proof

The British overseas territory of the Virgin Islands has used the United States Dollar as its currency since 1959 - even before it gained autonomy in 1967. However, the territory has also authorised a number of mints to issue non-circulating and bullion coins under its name, denominated in British Virgin Islands Dollars. These do not circulate as regular currency, and are targeted at collectors or investors in precious metals.

One of the formats used for the purpose is the internationally popular one troy ounce (1oz) of silver size. Some of these - such as this coin - were released at prices much higher than the intrinsic value of the metal, so are considered Non-Circulating Legal Tender (NCLT), and not bullion.

This coin is part of the Pegasus range of bullion coins issued by the Pobjoy Mint under the jurisdiction of the British Virgin Islands. Unlike later coins in the series, it also depicts the Ancient Greek goddess Athena.

Pegasus is one of the best-known creatures in Ancient Greek mythology. This winged horse is usually depicted as white in color and was always considered a good-hearted and gentle animal.

The story of Pegasus begins when Perseus is sent to kill one of the three Gorgons, Medusa, who had writhing snakes instead of hair. It was said that anyone unfortunate enough to gaze on her face would turn to stone. The god Hermes and the goddess Athena came to aid Perseus with special gifts, including a shield which Perseus used as a mirror so he did not look directly at Medusa. When Perseus beheaded Medusa, it is said that Pegasus was born from the blood of the Gorgon. Many wanted to capture Pegasus, but no one could figure out how to tame such a magnificent creature.

Athena is an important goddess of a number of things - wisdom, law and justice, strength, mathematics, strategy and many others. She is known for her skill in tactical warfare and is often seen in company of other companions.

MintPobjoy Mint Mint MarkLetters PM Total Mintage 300
Obverse
British Virgin Islands / Silver Ounce 2017 Pegasus and Athena, Proof - obverse photo

The obverse of the coin features a mature portrait of Queen Elizabeth II, facing right, wearing the Royal Diamond Diadem crown which she wore for her Coronation, pearl earrings, and a pearl necklace.

In small letters below the shoulder truncation on the left, the mint mark of the Pobjoy Mint, PM.

Around above, the monarch's legend and the date of issue: BRITISH VIRGIN ISLANDS QUEEN ELIZABETH II 2017.

Obverse Inscription BRITISH VIRGIN ISLANDS QUEEN ELIZABETH II 2017
Reverse
British Virgin Islands / Silver Ounce 2017 Pegasus and Athena, Proof - reverse photo

The reverse of the coin depicts the mythical horse Pegasus rearing up to left, lead by Athena who holds his reigns in her right hand a spear in her left hand. The goddess wears a tunic and Ancient Greek style of helmet.

In the exergue, the precious metal content Ag 999. 1 OUNCE (one troy ounce of 99.9% silver), below which the face value TEN DOLLARS.

Reverse Inscription Ag 999. 1 OUNCE TEN DOLLARS
EdgeMilledEdge InscriptionNone
Notes

Finish: proof.
Packaging: in two-coin set only.

This a "normal" (not "reverse") proof: frosted design on mirror-finished background, unlike the bullion ounce, from which it also differs in the denomination ($10 as opposed to $1) and the fact that there is no "P" privy mark denoting the coin as proof.

Included in Set
Pegasus 2017 Silver Proof / Reverse Frosted Set, mintage 300
2 coins: Reverse Frosted, Proof
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Silver Ounce 2017 Pegasus and Athena, Proof: Details
CountryBritish Virgin Islands
CurrencyBritish Virgin Islands Dollar
Coin TypeSilver Ounce (1 oz)
Issued2017
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Portrait by Pobjoy Mint
Face Value10 (x Dollar)
Total Mintage300
CurrentYes
Material0.999 Silver
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.6000 mm
Mass31.1030 g
OCC IDPMVR-EAPC-MXKQ-ONQG
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Silver Ounce 2017 Pegasus and Athena, Proof: Photos
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Silver Ounce 2017 Pegasus and Athena, Proof: Photo Pegasus 2017 Proof Silver 1oz Coin / thumbnail Pegasus 2017 Proof Silver 1oz Coin
Copyright: eBay
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Silver Ounce 2017 Pegasus and Athena, Proof: Photo Pegasus 2017 Proof Silver 1oz Coin / thumbnail Pegasus 2017 Proof Silver 1oz Coin
Copyright: eBay
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Silver Ounce 2017 Pegasus and Athena, Proof: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsBritish Virgin Islands KM# 524