King George VI · 1937 (proof only)

1937 Gold Sovereign

Issued only as a proof for the coronation set. Highly collectable; bullion examples don't exist.

Melt value (live spot) £—
Typical auction value (+700%) £—

Melt value is the live gold spot price × 7.32g of fine gold. The auction value reflects the typical numismatic premium for this date in good condition. Exceptional specimens (proof, slabbed, perfect condition) can sell for materially more.

1937 specifications

Year
1937
Series
George VI
Monarch
King George VI
Mintage
5,500 (proof)
Metal
22-carat gold (916.7)
Fine weight
7.32g · 0.2354 oz t
Gross weight
7.988g
Diameter
22.05 mm
Face value
£1
Numismatic premium
~700% over melt

About the George VI series

Sovereigns struck only as proof in 1937 for the coronation set. None issued for circulation. Extremely scarce.

How the value is calculated

Every Sovereign contains exactly 7.32g of fine gold. The melt value above is that fine content × the live per-gram gold spot price in GBP on the dashboard. The auction value adds the numismatic premium typical for this year — that premium reflects collector interest, scarcity and condition expectations.

Where to buy or sell

Vintage Sovereigns trade through specialist UK coin dealers (Spink, Baldwin's, Sovereign Rarities) and major bullion dealers (BullionByPost, Atkinsons, Chards). Auction houses (Spink, Heritage) handle the rarest pieces. Always compare quotes — premiums on key-date Sovereigns vary widely between dealers and auction venues.

CGT and tax

All UK Sovereigns are legal tender and therefore CGT-free for UK residents, regardless of year. Read the CGT-free coins guide →

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