When Edward VIII decided to abdicate the British throne in 1936, currency issues throughout the world were thrown into disarray.
In Australia, the government was about to launch new coin designs to coincide with Edward’s coronation that that would have introduced a strong Australian design element into the penny, florin, shilling and threepence.
The plans had to be scuttled due to Edwards’ abdication from the British throne to marry American Wallis Simpson.
To distract from the chaos, the Australian Government issued its first five-shilling piece, the 1937 Crown, depicting the portrait of the new king, George VI (Edward’s brother).
The notion of a Crown sized coin was pushed by the Treasurer of the day, R G Casey who later became Governor General of Australia. The coin was - and still is - referred to as ‘Casey’s Cartwheel’.
The 1937 Crown is Australia’s only commemorative crown. And it was the only currency issue released in 1937 making it an extremely popular collectable. Its appeal is timeless.
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