5 Dollars - Elizabeth II Pegasus, Silver 5oz.

Pobjoy Mint, operating as a private facility in Surrey, has struck coins under contract for numerous territories for decades — the Isle of Man among its most consistent clients. These Pegasus issues were produced for the British Virgin Islands, a territory with no historical minting tradition of its own, making every coin in the series effectively a bullion product dressed in legal-tender clothing. At five troy ounces of fine silver, the practical audience was always the collector and investor market, not circulation.

KM#585 spans two calendar years, suggesting a continuous striking program rather than a single dated release — a common approach for Pobjoy when managing larger-format silver rounds with sustained retail demand.