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£516,000 Gold Sovereign breaks auction record for a Royal Mint coin

Posted by Mark Liversidge on

It’s every collector’s dream to find a significant coin which is worth a fortune. And they don’t come any more significant than the Edward VIII Sovereign which has just smashed an auction record and netted £516,000. The incredibly rare 1937 dated gold ‘proof’ coin is the only single example available to collectors anywhere in the world. It was struck ahead of the King’s Coronation, however following the scandal which predicated Edward’s abdication from the throne in 1936, the coins became redundant and cemented their place in collecting folklore. His left-facing portrait; the same as his predecessor George V, also represents a unique...

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