Great Britain 1937 5 pounds
This coin was lot 8583 in Ponterio sale 150 (Los Angeles, August 2009), where it sold for $2,645. The catalog description noted, "GREAT BRITAIN. 5 Pounds, 1937. Proof. NGC PF-65 ULTRA CAMEO." The type was struck in 1937 only and only in proof "to illustrate the type." Apparently, the anti-counterfeiting laws applied only to current coinage; to protect older coinage the Royal Mint would strike gold coins with contemporary busts with no plan to place them in circulation. Striking of sovereigns for circulation ended in 1925.
Recorded mintage: 5,500.
Specification: 38.94 g, .917 fine gold, 1.177 troy oz AGW, designed by T. H. Paget.
Catalog reference: Fr-409; S-4074; KM-861.
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- Ponterio, Richard, and Kent Ponterio, Ponterio sale 150: The 2009 Los Angeles ANA Auction, Irvine, CA: Bowers and Merena, 2009.
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