Extremely Rare Coins Worthy of a King's Speech Baldwin's, the UK based coin auctioneer, is offering an extremely rare 1937 George VI Matt Proof set of four gold coins in their upcoming London auction, due to be held in May.
Following the phenomenal success of the British spectacular The King’s Speech at the Oscars Baldwin’s latest auction consignment couldn’t have come at a more appropriate time. Offered in its original Royal Mint case, a set of four 1937 Gold, Matt Proof finish coins, commissioned to commemorate the Coronation of King George VI, are sure to be the highlight of the Baldwin’s London auction, due to be held in May this year.
The set, which carries a weighty estimate of £90,000 – 110,000, is one of only two known sets struck with an experimental matt finish specifically to be used for pre-production promotion of the coins minted by the Royal Mint to commemorate the Coronation of the King in May 1937. In 1936, when the new designs were in gestation, numismatic photography was in its infancy. The reflective properties in the gold metal used to mint coinage made it impossible to generate a clear image of each coin. The Royal Mint successfully experimented with matt finishes produced from a sand-blasting process to generate these pre-production coins which were used to advertise new coins to the public. This set would have been one of the first to be produced solely for that purpose. One of only two of its kind known to exist in private hands, the case housing the coins has a black velvet pad, inverse in colouration to the normal cream used for brilliant proof sets in 1937. Unlike its counterpart (illustrated individually in Wilson and Rasmussen), this beautifully preserved set has its original and unusual case intact. The set comes complete with a copy of a letter, dated 4th October 1961, from the Royal Mint, Tower Hill, London, outlining the method and process for preparation of the set and confirming that the set was a pre-production example that was not released to the general public. A relevant extract is transcribed below:-
4th October 1961
Dear Mr Liddell
(a) We have examined the set of George VI coins and we are satisfied they [sic] they were given the matt finish before issue by the Mint. The matt finish is given to each coin individually by very fine sand-blasting and as the process is very laborious it would not be practicable to apply the treatment on any but a very limited scale. None of the 5,500 sets made available to the Public was treated in this way and it must be assumed that your set was specially prepared for a particular occasion of which a record no longer exists.
The extraordinary series of events leading up to the coronation of King George VI is well documented. Following the death of King George V on 20th January 1936 the Prince of Wales succeeded as King Edward VIII and a coronation date was set for 12th May 1937. According to George V’s official biographer, Phillip Ziegler, George V was said to have had reservations about his sons suitability as king and was