Silver Ounce 2022 Pegasus, Coin from British Virgin Islands - detailed information

Silver Ounce 2022 Pegasus, Coin from British Virgin Islands
CoinSilver Ounce 2022 Pegasus

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.

This coin is part of the Pegasus range of bullion coins issued by the Pobjoy Mint under the jurisdiction of the British Virgin Islands.

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.

Throughout his life, Pegasus remained a mysterious creature that symbolised divine inspiration or the journey to heaven. As a reward for his service and loyalty, Zeus honoured him with a special kind of immortality, turning him into a constellation on the last day of his life.

MintPobjoy Mint Mint MarkLetters PM Total Mintage 15,000
Obverse
British Virgin Islands / Silver Ounce 2022 Pegasus - 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 2022.

Obverse Inscription BRITISH VIRGIN ISLANDS QUEEN ELIZABETH II 2022
Reverse
British Virgin Islands / Silver Ounce 2022 Pegasus - reverse photo

The reverse of the coin depicts the mythical horse Pegasus rearing up to left, with his wings spread.

Above left, the face value $1 (one dollar).

In small letters around below, the precious metal content Ag 999. 1 OUNCE (one troy ounce of 99.9% silver), above which a small privy mark: a rectangle with the letter P incuse in it, marking the coin as "proof" grade (as opposed to uncirculated).

Reverse Inscription $1 Ag 999. 1 OUNCE
EdgeMilledEdge InscriptionNone
Notes

Finish: proof (according to the marking on the actual coin). APMEX (the exclusive distributor of the release) calls it "reverse frosted cameo BU" (Brilliant Uncirculated).
Packaging: in coin capsule.

Mintage includes 10,000 reverse frosted coins, and 5,000 with 5th anniversary privy mark (with U privy mark, called Prooflike BU by APMEX).

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Silver Ounce 2022 Pegasus: Known varieties
Variety 5th anniversary privy mark
Images British Virgin Islands / Silver Ounce 2022 Pegasus / 5th anniversary privy mark - obverse photo British Virgin Islands / Silver Ounce 2022 Pegasus / 5th anniversary privy mark - reverse photo
Mintage Issued: 5,000 (included in total)
Details

A privy mark in the upper right field of the reverse with the numeral 5 within a wreath, to mark the fifth anniversary of the Pegasus bullion range. The privy mark for grade below the horse is U for uncirculated, and not P.

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Silver Ounce 2022 Pegasus: Details
CountryBritish Virgin Islands
CurrencyBritish Virgin Islands Dollar
Coin TypeSilver Ounce (1 oz), Bullion
Issued2022
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Portrait by Pobjoy Mint
Face Value1 (x Dollar)
Total Mintage15,000
CurrentYes
Material0.999 Silver
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.6000 mm
Thickness3.000 mm
Mass31.1030 g
OCC IDGAVP-EXAC-BZLZ-OMDY
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Silver Ounce 2022 Pegasus: Photos
ImageDetails
Silver Ounce 2022 Pegasus: Photo 2022 1oz British Virgin Islands Pegasus Reverse Cameo 999 Silver BU Coin / thumbnail 2022 1oz British Virgin Islands Pegasus Reverse Cameo 999 Silver BU Coin
Copyright: LPM
Source
Silver Ounce 2022 Pegasus: Photo 2022 1oz British Virgin Islands Pegasus Reverse Cameo 999 Silver BU Coin / thumbnail 2022 1oz British Virgin Islands Pegasus Reverse Cameo 999 Silver BU Coin
Copyright: LPM
Source
Silver Ounce 2022 Pegasus: Photo Coin, British Virgin Islands, Silver Ounce 2022 Pegasus / thumbnail Coin, British Virgin Islands, Silver Ounce 2022 Pegasus
Copyright: LPM
Source
Silver Ounce 2022 Pegasus: Photo Coin, British Virgin Islands, Silver Ounce 2022 Pegasus / thumbnail Coin, British Virgin Islands, Silver Ounce 2022 Pegasus
Copyright: LPM
Source
Silver Ounce 2022 Pegasus: Photo Coin, British Virgin Islands, Silver Ounce 2022 Pegasus / thumbnail Coin, British Virgin Islands, Silver Ounce 2022 Pegasus
Copyright: LPM
Source
Silver Ounce 2022 Pegasus: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsBritish Virgin Islands KM# 617, 646 (privy mark)