Ultra-rare gold Edward VIII £5 coin sells for record-breaking £1.65million

A RARE gold Edward VIII £5 coin has sold for a record £1.65million.

The prototype was never put into circulation due to his abdication, and is one of only three known to exist.

The samples were made ahead of production due to start in January 1937, but Edward quit in December 1936 to marry Wallis Simpson.

The £5 coin was controversial even before his abdication as he chose to show his face in profile from the left, when tradition dictated it should be the right.

The sale by a collector at Heritage Auctions in Dallas, Texas, makes it the most expensive British coin yet, smashing the £1million for an Edward VIII trial Sovereign in 2020.

The previous record for the most expensive British coin sold at auction was for a king William IV proof five pounds from 1831, which sold in Monaco last October for £703,000.

The front of the 1.4ins diameter coin carries a left facing bust of Edward, with St George on horseback slaying a dragon on its reverse.

The Duke of Windsor stepped down from power so he could marry socialite Wallis Simpson.

They were estranged from the Royal Family and spent most of the remainder of their lives in France.

GOT a story? RING The Sun on 0207 782 4104 or WHATSAPP on 07423720250 or EMAIL [email protected]

Source: Read Full Article