Five Pounds History
The first gold quintuple sovereign (£5 coin), was issued in 1820, and is considered by some to be be a pattern coin. In 1826 and 1839, proofs were issued as part of complete proof coin sets, and this also occurred in 1902, 1911, and 1937.
Only in 1887, 1893, and 1902 were ordinary circulation types issued in addition to proof versions.

1937 Gold Sovereign Proof Set
In 1937, the Royal Mint issued, for the first time since 1911, a gold coin proof set. The 1937 set was issued for the Coronation of George VI following a tradition established in the early 19th century. There were none issued in 1953 for our present queen's Coronation, perhaps because of utility and economy measures following two world wars. Rationing was still in place in the UK, and the 1947 Exchange Control Act was in force, which was later amended to include a prohibition on UK citizens from owning or buying gold coins, This act was repealed in 1971.

Obverse
Profile portrait of George VI facing left, with the legend (inscription):
GEORGIVS (GEORGIUS) VI D : G : BR : OMN : REX F : D: IND : IMP.
The engraver's initials HP appear at the right beneath the neck.

Reverse
The world famous portrayal of St. George, on horseback, killing a dragon. There is no legend (inscription). The date 1937 appears in the exergue, and the initials B.P. also appear at the right of the exergue. These are the initials of Benedetto Pistrucci, who originally engraved the design for medals, and the first modern sovereigns of 1817.

The Same Only Different!
Although we have stated that all four coins share the same design, there are some slight differences in proportion and spacing of the motifs of the design relative to the complete flan. An observant collector should be able to tell the difference between photographs of all four coins. For the eagle-eyed experts, our two photographs are of the £5 coin, we intend to add photographs of the other coins soon, possibly on their own pages.

Specifications

Denomination	Diameter	Weight	AGW*	Description
Five Pounds	36.02	39.94	1.1771	St George & Dragon

Notes on Table
Weight = gross weight in grams.
*AGW = Actual intrinsic gold weight in troy ounces.

Prices & Availability
The prices quoted in the US $ column may be out of date due to currency fluctuations.

Date	From	Mintage	Issue £	Grade	Stock	Price £	Price $
1937	£5	5,500	£5*	Yes	About FDC	£	$Ask

* Plus small charge for handling and presentation box. Total approximately £10.

More Information
More information about British gold sets is available on our British Gold Sets Information page.

You may wish to use our order form.

Other 1937 World Gold Coins

Postage & Packing
UK Registered Post (Special Delivery) £9 per order, plus £1 per £1,000
EU Insured Post £10 per order, plus £1 per £1,000
USA Airmail $10,
Insured Shipping $20, plus $1 per $1,000
Canada Airmail $15,
Insured Shipping via Fedex $60, plus $1 per $1,000

Coins Wanted
We make an active market in almost all coins, including gold proofs and patterns. If you have any of these coins to sell, please contact us, or post them to us for appraisal and offer.