With Isle of Man coins now being handled by Tower Mint and Coin Invest Trust, the British Pobjoy Mint has redirected its talents to another of its many client states, the British Virgin Islands. The first silver bullion fruits of their labours appeared in the form of the Pegasus one-ounce silver coin. Limited to 50,000 items, it was a classically styled design that has seemingly proven popular.
Fast forward to 2017 and they’ve just announced the second of such coins, this time taking the most iconic president in United States history as its inspiration. John F. Kennedy has appeared on a couple of US Mint coins recently and there was a silver coin remembering JFK’s time on PT-109, the torpedo boat he sailed on during the Second World War, struck by the Royal Australian Mint.
Pobjoys new coin is a clean, neat design, depicting JFK in effigy form, much like that of Queen Elizabeth II that adorns the obverse. Both faces carry a similarly styled border that holds all the inscriptions, except for a couple of dates on the reverse face. There’s little to dislike about the reverse face design, the effigy looks a good one. It isn’t as detailed as the US Mints proof effort, but that’s to be expected with a bullion coin. Struck in an ounce of 0.999 silver, the mintage will be limited to 50,000 pieces, which in terms of numbers would place it towards the lower end of the mid-range.
Available to order from 24th April, if the Pegasus is any indicator, the premiums won’t be too excessive on this one. Keep your eye open in case APMEX do a twin set with a reverse proof again, a potentially hot item we think.