A rare 1937 Edward VIII sovereign coin has been bought by a private collector for 1 million pounds (US$1.31 million), making it the most expensive British coin ever.

An Edward VIII sovereign has become the first British coin to be bought for £1m, the BBC can reveal. The new owner, a private collector, described the chance to buy it and bring it back from the ...

"It is interesting that coins converted in such a specific way date to the reigns of Edward the Confessor and William the Conqueror, with a concentration in a period of 10 years," said Ms Rogerson.