2 Pounds - George VI obverse
Obverse
2 Pounds - George VI reverse
Reverse
Key Date Legendary 💧 Sells regularly

Legendary: fewer than 100 minted. Sells regularly: 21 verified sales in the last 12 months.

2 Pounds - George VI (1937)

"Double sovereign"

CountryUK Year1937 Denom2 Sovereigns Mintage5,501 MintRoyal Mint MetalGold (.9167) Melt £1,410.98
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
CountryUnited Kingdom
Year1937
Denomination2 Sovereigns
Face value£2
Mintage5,501
MintRoyal Mint · Llantrisant
CirculationNon-circulating
CompositionGold (.9167) (917/1000 fine)
Weight15.980g · 0.4710 t oz
Diameter28.0mm
ShapeRound
EdgePlain
OrientationMedal alignment ↑↑
Obv. artistThomas Humphrey Paget
Rev. artistBenedetto Pistrucci
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

St. George on horseback slaying the dragon right, date in exergue.

Gold content
Fine troy oz 0.4710
Melt value £1,410.98
Premium over melt £1,583.02

2 Pounds - George VI market value

£3,000.00
Median of 13 verified PR-64 sales, the grade that sells most often. 32 sales across 8 grades.
Grade range £2,600 – £7,100
Lowest grade Highest grade
Last sale 29 days ago View price history →

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2 Pounds - George VI price history

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2 Pounds - George VI 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
FDC £2,400.00 🔒 £2,994.00 (2) – £2,400.00 – £3,588.00 1 3 07-06-2026
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UNC £2,100.00 🔒 £1,850.00 – £1,500.00 – £2,500.00 0 4 07-09-2025
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BU £1,900.00 🔒 £1,900.00 (1) – £1,900.00 – £1,900.00 0 1 02-12-2019
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EF £2,600.00 🔒 £2,600.00 (1) – £2,600.00 – £2,600.00 0 1 25-03-2025
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VF £3,440.00 🔒 £3,440.00 – £2,580.00 – £8,000.00 3 8 12-09-2026
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AG £2,924.00 🔒 £2,924.00 (1) – £2,924.00 – £2,924.00 1 1 24-04-2026
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PR-61 £2,322.00 🔒 £2,322.00 (1) – £2,322.00 – £2,322.00 1 1 03-02-2026
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PR-62 £2,566.62 🔒 £1,900.00 – £1,887.22 – £2,566.62 1 3 01-09-2026
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PR-63 £2,800.00 🔒 £2,404.00 – £1,900.00 – £3,200.00 2 10 06-09-2026
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PR-64 £3,095.04 🔒 £3,000.00 – £1,800.00 – £3,400.00 2 16 03-08-2026
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PR-65 £4,529.33 🔒 £3,020.00 – £1,450.00 – £5,280.00 7 40 01-09-2026
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PR-66 £4,200.00 🔒 £4,500.00 – £3,774.44 – £4,600.00 3 5 28-09-2026
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PR-67 £9,000.00 🔒 £7,100.00 (2) – £5,200.00 – £9,000.00 0 2 30-09-2025
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Pricing Data
13 grades · last updated 27 Oct 2026

About the 1937 2 Pounds - George VI

The 1937 2 Pounds - George VI is a collector 2 sovereigns coin, struck in 91.67% gold. It weighs 15.98g and measures 28mm across. Reverse design: St. George on horseback slaying the dragon right, date in exergue.

5,501 were struck.

Common questions

How much is the 1937 2 Pounds - George VI worth?

Verified sold prices for the 1937 2 Pounds - George VI run from £1,850 to £7,100 across 13 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its gold content is worth about £1,411 at today's spot price, which puts a floor under its value.

How many 1937 double sovereigns were made?

The Royal Mint gives a mintage of 5,501 for the 1937 proof £2, and Coin Hunter gives the same figure. Every one was a proof struck for the coronation gold sets. The double sovereign was not issued for circulation in 1937.

Is the 1937 double sovereign legal tender?

Technically not. The Royal Mint Museum explains that the 1937 gold proofs have a plain edge rather than the milled edge laid down in the Royal Proclamation, so they do not meet its specification. The Royal Mint itself describes the £2 as technically a pattern for this reason.

Who designed the 1937 double sovereign?

The Royal Mint credits the obverse to Thomas Humphrey Paget, whose initials HP sit below the King's neck, and the reverse to Benedetto Pistrucci. Pistrucci's St George and the dragon, signed B.P., is the same design that appears on the sovereign.

When was the next gold £2 coin made after 1937?

A small number of gold £2 pieces were struck in 1953 for Elizabeth II but were never released, going only to museums and the Royal Collection, according to Wikipedia. It records no further gold £2 coins until 1980.

How do I identify the 1937 2 Pounds - George VI?

Check the weight 15.98g and diameter 28mm and the metal (91.67% gold) against the specification table on this page. The reverse design is described above.

History and design

The double sovereign, or gold £2, was one of four gold proofs struck to mark the coronation of George VI on 12 May 1937. By then, the Royal Mint Museum notes, sovereign production had stopped in London and at all the overseas branches, so the gold set served only to mark the start of the reign. The Royal Mint gives a mintage of 5,501, and Coin Hunter agrees.

Wikipedia records that the double sovereign was struck only in 1937 in this reign. After it, the next gold £2 coins were a handful made in 1953 that were never released, and none followed until 1980.

The obverse shows Humphrey Paget's bare-headed portrait of the King facing left, signed HP below the neck. The Royal Mint Museum says Paget was commissioned alone after the abdication of Edward VIII and completed the effigy in little more than a month. The legend reads GEORGIVS VI D:G: BR: OMN: REX F: D: IND: IMP:, George the Sixth, by the grace of God King of all the Britains, Defender of the Faith, Emperor of India.

The reverse is Benedetto Pistrucci's St George and the dragon, with the date in the exergue and B.P. to its upper right. Wikipedia notes that the same reverse had been used on the pattern double sovereign prepared for Edward VIII, and that the obverse legend changed little beyond the king's name.

Collecting notes

All four 1937 gold proofs have a plain edge rather than a milled one. The Royal Mint Museum explains that this leaves them technically not legal tender, because they do not match the Royal Proclamation, and the Royal Mint describes the £2 as technically a pattern.

The coin was issued in the coronation gold set alongside the 1937 £5, sovereign and half sovereign, and Tony Clayton observes that a good number of the reign's proof sets have been broken up. Check the mirrored fields for hairlines. The Royal Mint lists the coin at 15.98 g and 28.00 mm in 22 carat gold.

Do not confuse it with the Edward VIII pattern £2, which carries a different king's portrait and was never issued.

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. George VI 1937 Proof Two Pounds - Double Sovereign, The Royal Mint (read 10 Oct 2026)
  2. George VI (modern sovereign), Royal Mint Museum (read 10 Oct 2026)
  3. Humphrey Paget, Royal Mint Museum (read 10 Oct 2026)
  4. UK Coins of George VI, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  5. Double sovereign, Wikipedia (read 10 Oct 2026)
  6. 1937 Coin Values, George VI, Coin Hunter (read 10 Oct 2026)

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