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Crown


George VI (1937 - 1938)

The Crown was originally intended to commemorate the ascension of King Edward VIII however due to Edward VIII's abdication, it was instead struck to commemorate the ascension of King George VI (Cruzi's Coins, 2009). This commemorative appeal was lost in 1938 when the series continued though the lack of popularity made the series terminate after just 101,600 coins in 1938.

The Crown or five shillings features a crown on the reverse with COMMONWEALTH : OF : AUSTRALIA at the top half of the legends and ONE CROWN at the bottom with the date just above that. The obverse features the uncrowned bust of George VI with the legends, GEORGIVS VI D : G : BR : OMN : REX F : D : IND : IMP (George VI by the grace of god, ruler and king, defender of the faith, emperor of India).

Both dates are notorious for large bagmarks due to the large size and weight of the coin and the the distribution process via ship and rail (Coin Web, 2007) though the 1938 is by far harder to obtain in higher mint state grades mostly due to its low mintage.

Collector proofs were issued at the issue price of 6/- (Sharples, J, 1990) in both years with a sell out mintage of 100 in 1937 (Verheyen, T, V, 2009) plus 5 proof of record pieces but in 1938 only 52 out of the mintage of 100 were sold (Sharples, J, 1990).
 
Contents
Reverse Designer
George Kruger Gray
Obverse Designer
Thomas H. Paget
Weight
28.28 grams
Size
38.5 mm
Composition
92.50% Silver
7.50% Copper
Bullion Value
$19.55
1937 George VI Crown
Reverse

1937 George VI Crown
Obverse

Business Strikes
Coin Mintage Average Circulated
1937 1,008,000 $20
1938 101,600 $135

Proof Strikes
Coin Mintage Typical Handled
1937 Proof
Notes about Mintage

  • Only 100 available to the public
  • 105
    $27.5K
    1937 Uniface Reverse Unique $30K
    1938 Proof
    Notes about Mintage

  • 52 sold
  • 100
    $75K

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    The values listed here are for average examples of the date. Coins in better condition will be worth many times the values listed here. For example, an average 1911 florin is worth around $50, but in choice uncirculated condition is worth about $15,000! To view valuations in higher grades, please click here to subscribe.




    Current Auctions
    Australia George VI - 1937 Crown Reserve: $1.00
    Estimate: $44 - $55
    Lot 4171 Uncertified Extremely Fine 15 days
    Walter Eigner Numismatics
    Location: Canberra, ACT
    Member Since: Aug-2010
    Australia George VI - 1937 Crown Reserve: $1.00
    Estimate: $120 - $150
    Lot 4170 Uncertified Uncirculated 15 days
    Walter Eigner Numismatics
    Location: Canberra, ACT
    Member Since: Aug-2010
    Australia George VI - 1937 Crown Reserve: $1.00
    Estimate: $120 - $150
    Lot 4169 Uncertified Uncirculated 15 days
    Walter Eigner Numismatics
    Location: Canberra, ACT
    Member Since: Aug-2010
    Australia George VI - 1938 Crown Reserve: $1.00
    Estimate: $200 - $250
    Lot 4188 Uncertified about Extremely Fine 15 days
    Walter Eigner Numismatics
    Location: Canberra, ACT
    Member Since: Aug-2010

    Glossary
    • bagmarks - Surface marks caused by impact from other coins during the handling process before the coin enters circulation
    • issue price - The price a collector coin is sold to the public at the time of issue
    • legend - The inscription around the inner edge of the coin
    • mint state - A state of a coin that shows no signs of circulation
    • mintage - The number of coins struck of a particular designation
    • obverse - The heads side of the coin
    • proof - A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation
    • proof of record - A proof or specimen strike intended to represent a circulation piece produced for mint records
    • reverse - The tails side of the coin

    Numismatic Glossary - View the full glossary of numismatic terms.

    References

    References - View full bibliography

    Index