2 Pence - George VI 1st Maundy issue obverse
Obverse
2 Pence - George VI 1st Maundy issue reverse
Reverse
Very Rare ⚖ Sells occasionally

Very Rare: fewer than 100,000 minted. Sells occasionally: 4 verified sales in the last 12 months.

2 Pence - George VI 1st Maundy issue (1937–1946)

CountryUK Year1937–1946 Denom2 Pence Mintage26,000 MintRoyal Mint MetalSilver (.500) Melt £0.60
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
Reference guide Read the 2p coin values UK guide Mintage, key dates, realised auction prices and authentication tips.
CountryUnited Kingdom
Year1937–1946
Denomination2 Pence
Mintage26,000
MintRoyal Mint · Llantrisant
SeriesMaundy Money
CirculationNon-circulating
CompositionSilver (.500) (500/1000 fine)
Weight0.940g · 0.0151 t oz
Diameter13.0mm
ShapeRound
EdgePlain
OrientationMedal alignment ↑↑
Obv. artistThomas Humphrey Paget
Rev. artistJean Baptiste Merlen
Grade scaleUK (EF/UNC)
Obverse

Uncrowned portrait of King George VI left, legend around.

GEORGIVS VI D:G:BR:OMN:REX F:D:IND:IMP

Reverse

Crowned denomination dividing date within oak wreath.

Silver content
Fine troy oz 0.0151
Melt value £0.60
Premium over melt £31.38

2 Pence - George VI 1st Maundy issue market value

£31.98
Median of 2 verified VF sales, the grade that sells most often. 4 sales across 2 grades.
Grade range £32 – £44
Lowest grade Highest grade
Last sale 1 months ago View price history →

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2 Pence - George VI 1st Maundy issue price history

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2 Pence - George VI 1st Maundy issue value by year

1937 to 1946 · median sold prices
Year Mintage Circulated Uncirculated Sales
1937 Not recorded £31.98 type £44.24 (2) 2
VF£12.50EF£28.00UNC£95.00
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1941 Not recorded £31.95 (1) £44.24 type 1
VF£12.50EF£28.00UNC£95.00
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1946 Not recorded £32.00 (1) £44.24 type 1
VF£12.50EF£28.00UNC£95.00
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One row for each year the 2 Pence - George VI 1st Maundy issue was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.

2 Pence - George VI 1st Maundy issue value by grade

Realised auction prices · ⭐ Pro Expand rows for individual sale records
Grade Latest Median 30d Δ All-time range Sales (1yr) Total sales Last sale
VF £31.95 🔒 eBay £31.98 (2) – £31.95 – £32.00 2 2 13-09-2026
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PR-65 £48.48 🔒 eBay £44.24 (2) – £40.00 – £48.48 2 2 31-08-2026
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Pricing Data
2 grades · last updated 27 Oct 2026

About the 1937 2 Pence - George VI 1st Maundy issue

The 1937 2 Pence - George VI 1st Maundy issue is a collector 2 pence coin issued from 1937 to 1946 in the Maundy Money series, struck in 50% silver. It weighs 0.94g and measures 13mm across. Reverse design: Crowned denomination dividing date within oak wreath.

A mintage of 26,000 is recorded for one date of this type; figures for each year are not held.

Common questions

How much is the 1937 2 Pence - George VI 1st Maundy issue worth?

Verified sold prices for the 1937 2 Pence - George VI 1st Maundy issue run from £31.98 to £44.24 across 2 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.

Is a George VI Maundy twopence real silver?

Yes, but the coins dated 1937 to 1946 are .500 silver, half the sterling standard. British silver coins had been debased to .500 in the early 1920s, and Maundy money was only restored to .925 sterling silver from 1947, when the circulating coins changed to cupro-nickel.

Who designed the George VI Maundy twopence?

Humphrey Paget modelled the uncrowned portrait of George VI. The reverse, a crowned figure 2 in an oak wreath, goes back to Jean Baptiste Merlen's design of 1822, with the crown and the shape of the 2 altered in 1888 by Leonard Charles Wyon.

Is a Maundy twopence legal tender?

Maundy money is technically legal tender. Since decimalisation in 1971 all Maundy coins, including those struck before Decimal Day, are deemed to be in new pence, so a George VI Maundy twopence counts as 2p. In practice the coins do not circulate.

Did George VI give out the Maundy money himself?

Not often. According to Wikipedia, George VI did not attend the Royal Maundy until 1940 and then not again until 1944. In most years of his reign the Lord High Almoner, Archbishop Cosmo Gordon Lang, took his place and distributed the purses.

How do I identify the 1937 2 Pence - George VI 1st Maundy issue?

Check the weight 0.94g and diameter 13mm and the metal (50% silver) against the specification table on this page. The reverse design is described above.

History and design

Maundy money is the King's gift at the Royal Maundy service on the Thursday before Easter. The Royal Mint Museum explains that each recipient, as many men and as many women as the monarch has years, receives a white purse of silver Maundy coins totalling the same number of pence as the monarch's age. A set is four coins: a penny, twopence, threepence and fourpence.

George VI's first Maundy coins were dated 1937. Like all British silver of the time they were .500 silver, the standard Wikipedia dates from 1921 for Maundy money, and this issue ran until 1946. The King himself was rarely there: Wikipedia records that he did not attend until 1940 and then not again until 1944, with Archbishop Cosmo Gordon Lang distributing the purses in most years.

The obverse has Humphrey Paget's uncrowned portrait of the King facing left, with his initials HP below the truncation. The proclamation of 18 March 1937 gave the Maundy coins the full title, GEORGIVS VI D:G:BR:OMN:REX F:D:IND:IMP, longer than the legend on the crown and other circulating silver.

The reverse is the figure 2 with the date placed across it, encircled by an oak wreath surmounted by the Royal Crown, with a plain edge. Wikipedia credits this layout to Jean Baptiste Merlen in 1822. Leonard Charles Wyon altered the crown in 1888 and also changed the shape of the 2 on the twopence, so the numeral differs from that on pieces struck before 1888.

Varieties and errors

The 1937 date also exists in proof. The Royal Mint says its 1937 coronation proof set included a silver Maundy set, struck in the medal department between highly polished dies and distributed from July 1937 to the early autumn of 1938.

Collecting notes

Recipients received their coins in white leather purses, while Wikipedia notes that sets supplied by the Royal Mint to officials came in presentation cases instead. Check the date: coins dated 1937 to 1946 are .500 silver, while the 1947 and 1948 twopence is sterling with an identical design. Maundy money is still legal tender, deemed since 1971 to be in new pence, but it does not circulate.

Sources

The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.

  1. Royal Maundy, Wikipedia (read 10 Oct 2026)
  2. Maundy Money, Royal Mint Museum (read 10 Oct 2026)
  3. The London Gazette, 19 March 1937, issue 34381, page 1818 (coinage proclamation of 18 March 1937), The Gazette (read 10 Oct 2026)
  4. Humphrey Paget, Royal Mint Museum (read 10 Oct 2026)
  5. Initials on British coins, TreasureRealm (read 10 Oct 2026)
  6. The 1937 George VI Coronation Proof Set, The Royal Mint (read 10 Oct 2026)

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