1937 Coronation Medal: King George VI Value & History
Let's dive into the fascinating world of the Coronation Medal of King George VI and Queen Elizabeth, issued in 1937. This medal commemorates a significant moment in British history, and understanding its value involves looking at its historical context, design, and the factors influencing its collectibility. Guys, if you've got one of these tucked away, or you're just curious, you're in the right place! Let's get started by exploring the history behind this commemorative piece.
Historical Significance
The Coronation of King George VI and Queen Elizabeth in 1937 marked a pivotal transition in the British monarchy. Following the abdication crisis of King Edward VIII, George VI unexpectedly ascended to the throne. The coronation symbolized stability and continuity during a period of considerable uncertainty. The medals issued to commemorate the event served as tangible reminders of the renewed commitment to the crown and the values it represented. Distributing these medals was a way to involve a wide range of individuals, from dignitaries to public servants, in celebrating this important occasion.
The coronation ceremony itself was steeped in tradition, reflecting centuries of royal customs. Held at Westminster Abbey, the event was a spectacular display of pageantry and symbolism. The Archbishop of Canterbury presided over the ceremony, anointing and crowning King George VI and Queen Elizabeth. The newly crowned monarchs then processed through the streets of London, greeted by cheering crowds. This event helped to solidify their position in the hearts and minds of the British people, reinforcing the importance of the monarchy in national life. The coronation was not just a religious and political event; it was a powerful symbol of national unity and resilience.
Moreover, the decision to proceed with a grand coronation despite the recent abdication crisis demonstrated the monarchy's determination to maintain its relevance and authority. The event was carefully planned to project an image of strength and stability, both domestically and internationally. In a world increasingly threatened by political instability, the coronation served as a reassuring symbol of British resolve. It was an opportunity to showcase the country's rich history and traditions while also embracing the challenges of the modern era. The widespread distribution of coronation medals played a crucial role in fostering a sense of shared national identity and pride during this transformative period.
Design and Features
The design of the 1937 Coronation Medal is quite striking and full of symbolism. Typically made of silver, the medal features the conjoined busts of King George VI and Queen Elizabeth on the obverse (front). The reverse (back) usually depicts the royal crown, along with the year of the coronation. The level of detail in the design reflects the artistry of the time, and the quality of the materials used adds to the medal's overall appeal. The inscription often includes the names and titles of the King and Queen, further emphasizing the medal's commemorative purpose. The choice of silver as the primary material was significant, symbolizing purity and value, aligning with the regal nature of the event it celebrated.
The medal's design elements were carefully chosen to convey specific messages about the monarchy and the nation. The conjoined busts of King George VI and Queen Elizabeth represented their partnership and shared commitment to the throne. The royal crown, prominently displayed on the reverse, symbolized the authority and dignity of the monarchy. The inclusion of the coronation year served as a clear marker of the event being commemorated, helping to preserve its historical significance for future generations. The overall aesthetic of the medal was intended to evoke a sense of reverence and pride, reflecting the importance of the coronation in British history.
Furthermore, the medal's size and weight were also important considerations in its design. It was intended to be substantial enough to convey a sense of importance but also practical enough to be worn or displayed. The ribbon attached to the medal typically featured colors associated with the monarchy, such as purple and gold, adding to its visual appeal. The combination of all these design elements contributed to the medal's overall impact, making it a cherished keepsake for those who received it. The medal's aesthetic appeal, combined with its historical significance, has ensured its enduring popularity among collectors and historians alike.
Factors Influencing Value
Alright, let's talk about what really makes these medals valuable! Several factors come into play when determining the value of a 1937 Coronation Medal. Condition is key – a medal in pristine condition will fetch a higher price than one with significant wear and tear. Rarity also plays a big role. While many of these medals were produced, some variations or presentation versions are scarcer than others. Material composition matters too; silver medals are generally more valuable than those made from base metals. Provenance, or the medal's history of ownership, can also add to its value, especially if it was once owned by someone notable.
The condition of the medal is often the first thing collectors assess. Medals that have been well-preserved, with minimal scratches, dents, or discoloration, are highly sought after. Proper storage and handling can significantly impact a medal's condition over time. Rarity can be determined by the number of medals produced and the specific variations that exist. Some medals may have been issued in limited quantities or presented to specific individuals, making them more valuable. Understanding these factors requires careful research and knowledge of the medal's history.
Material composition is another important consideration. Silver medals, being made from a precious metal, inherently have more value than those made from cheaper materials like bronze or cupro-nickel. The purity of the silver can also affect the medal's value. Provenance can add a significant premium to a medal's value, especially if it can be traced back to a notable historical figure or event. Collectors are often willing to pay more for medals with a documented history, as it adds to their overall appeal and historical significance. Ultimately, the value of a 1937 Coronation Medal is a complex interplay of these factors, requiring careful evaluation and expertise.
Current Market Value
So, what's the bottom line? What's a 1937 Coronation Medal worth today? The market value can fluctuate, but generally, a well-preserved silver medal can range from $50 to $200 or more. Rare variations or medals with interesting historical connections can command even higher prices. Keep an eye on auction sites, coin and medal dealers, and collector forums to get a sense of current market trends. Remember, value can change, so staying informed is crucial if you're looking to buy or sell.
The market value is influenced by the demand among collectors and the availability of the medals. When demand is high and supply is limited, prices tend to increase. Economic conditions can also play a role, as can trends in the broader collectibles market. Auction sites, such as eBay and specialized numismatic auctions, provide a good indication of current market values. Coin and medal dealers can also offer appraisals and insights into the value of specific medals. Collector forums and online communities can be valuable resources for gathering information and comparing prices.
Staying informed about market trends is essential for both buyers and sellers. Monitoring auction results, reading industry publications, and consulting with experts can help you make informed decisions. Keep in mind that prices can fluctuate based on various factors, so it's important to conduct thorough research before buying or selling a 1937 Coronation Medal. The value of these medals is not just monetary; they also hold significant historical and sentimental value, making them cherished pieces for collectors around the world. Keeping track of the medal's worth, aided by dealers, online resources, and auction houses can help you get the most value for the historical item.
Caring for Your Medal
If you own a 1937 Coronation Medal, proper care is essential to preserve its value and historical significance. Store the medal in a cool, dry place away from direct sunlight. Use archival-quality holders or cases to protect it from scratches and environmental damage. When handling the medal, avoid touching the surface directly; use cotton gloves to prevent transferring oils and dirt. Regular, gentle cleaning can help maintain its appearance, but avoid harsh chemicals or abrasive cleaners. Properly cared for, your medal can remain a treasured piece of history for generations to come.
Proper storage is crucial for preventing damage to the medal. Avoid storing it in areas with high humidity or temperature fluctuations, as these can cause corrosion or discoloration. Archival-quality holders or cases provide a protective barrier against dust, dirt, and other contaminants. These holders are made from materials that won't react with the metal, ensuring long-term preservation. When handling the medal, always use cotton gloves to avoid leaving fingerprints or transferring oils from your skin. These oils can etch into the surface of the metal over time, causing permanent damage.
Gentle cleaning can help maintain the medal's appearance, but it's important to use the right methods and materials. Avoid using harsh chemicals, abrasive cleaners, or polishing compounds, as these can scratch or damage the surface. Instead, use a soft, lint-free cloth and a mild soap solution to gently wipe away any dirt or grime. Rinse the medal thoroughly with distilled water and allow it to air dry completely before storing it. Regular care and maintenance will help ensure that your 1937 Coronation Medal remains a valuable and cherished piece of history for many years to come.
Conclusion
The Coronation Medal of King George VI and Queen Elizabeth is more than just a piece of metal; it's a tangible link to a pivotal moment in British history. Understanding its historical significance, design, and the factors influencing its value can help you appreciate its importance, whether you're a seasoned collector or a curious observer. By properly caring for these medals, we ensure that their legacy endures for future generations. So, whether you're buying, selling, or simply admiring, take a moment to recognize the rich history encapsulated in this remarkable commemorative piece. Guys, hope this has been helpful!