Sovereign 1937 - British Coins price guide and values - Coins and United Kingdom

Sovereign 1937 - British Coins Price Guide and Values

Sovereign 1937 - United Kingdom coin
The date on the image can be different from the year selected.

Proof only.

Sovereign 1937 value

The value of a Sovereign 1937 British coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more.

The melt and minimum value of a Sovereign 1937 is £551.87.

Slide

Variety VG-8 F-12 VF-20 EF-40 AU-50 AU-55
1937 - Edward VIII ------
1937 - George VI ------
1937 - George IV - Matte ------

Circulated: Defines business strike coins showing signs of circulation and/or wear.

Variety MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67
1937 - Edward VIII -------
1937 - George VI -------
1937 - George IV - Matte -------

Uncirculated (Mint state): Defines business strike coins that barely or never been in circulation. Circulated decimal British coins are usually worth face value.

Variety PR-60 PR-62 PR-63 PR-64 PR-65 PR-66 PR-67
1937 - Edward VIII -------
1937 - George VI -£2,850£2,860£2,870£3,230£4,340£6,700
1937 - George IV - Matte -------

Proof (PR): Planchets of these coins (not intended for circulation) were polished before struck (usually struck twice for higher quality). The field of Proof coins wear a cameo aspect.

View the average prices of certified Sovereign 1937 sold at auctions »

Varieties

George IV - Matte

The abdication of King Edward VIII in December 1936, to marry the American divorcee Wallis Simpson, led to his brother George VI ascending the throne. This necessitated the scrapping of already prepared dies featuring Edward's portrait and the creation of new ones for George VI, from which the 1937 coronation Proof Sets were minted. With 5,501 sets struck in gold, these sets are relatively common today; however, the challenge at the time was how to advertise these new coins due to the limitations of photographic technology in the late 1930s, especially for capturing numismatic items.

Early sales catalogs resorted to wax casts for illustrations, but by the 1930s, flash photography had become popular, although it proved unsuitable for brilliant Proofs because of the metal's reflectivity. As a result, the Royal Mint had to individually sandblast each coin to reduce their glossiness for photography, deviating from the typical method of sandblasting the dies before striking the coins. This painstaking process was applied to only a few coins, making them incredibly rare and sought-after today.

Mintage

  • Sovereign 1937 - Edward VIII : n/a
  • Sovereign 1937 - George VI : n/a
  • Sovereign 1937 - George IV - Matte : n/a

Last update : Thursday, April 18, 2024

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