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1937 Crown

George VI

Australia

The 1937 Crown was originally intended to commemorate the ascension of King Edward VIII however due to Edward VIII's abdication, it was instead struck to commemorate the ascension of King George VI (Cruzi's Coins, 2009) and was the only circulation coin produced by Australia that year.The crown was proposed by the then Federal Treasurer R. G. Casey who pushed hard for its introduction, thus spawning the nick name, "Casey's Cartwheel" (Cruzi's Coins, 2009) .A total of 1,008,000 coins were struck, and while the coin was generally not circulated due to its large size and its commemorative nature, many did find themselves in circulation leaving the average circulated pieces ranging from XF to AU.The 1937 crown is readily obtainable in mint state but as the crown was distributed to banks by ship and rail (Coin Web, 2007) and due to the large open surfaces, they are frequently found with large bagmarks resulting in an average grade of mint state pieces ranging from MS62 to MS63. Finding an example free of significant surface marks can be quite a challenge though the coin does occasionally turn up in MS64 but becomes very scarce beyond this.Strike is also of major consideration when grading the coin as the strikes within both years that the crown was struck vary to a strong degree such as with the mint state example below seeming worn to the untrained eye: Image not found: http://images.numismatics.com.au/jpg/photos/PCGS/12907583-rev.jpg Image not found: http://images.numismatics.com.au/jpg/photos/PCGS/12907583-obv.jpg While strike doesn't have much of an influence on grades up to MS64, where most of mint state population rests, it certainly does have a influence on price with strong premiums being paid for well struck up examples, particular if they display a fully formed orb.The Melbourne mint also struck 100 proof crowns in 1937 - .While the series was originally intended as commemorative , it continued into 1938 with an additional 101,600 coins losing its commemorative appeal - .

A coin struck differing from the standard design to commemorate an eventSurface marks caused by impact from other coins during the handling process before the coin enters circulationA state of a coin that shows no signs of circulationA coin struck from specially prepared dies to strike a superior quality coin not intended for circulation(Cruzi's Coins, 2009)(Coin Web, 2007)
Values are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.