How a royal disagreement over a penny revealed Edward VIII’s vanity
From our UK edition
A rare penny piece goes on sale this month for 20 million times its face value – quite the mark up. But it’s the backstory to the coin’s creation that is arguably the most interesting aspect of the sale – because of the insight it gives into the frosty relationship between George VI and Edward, whose sudden abdication put his brother on the throne. The story begins in 1936 with a dispute over the small matter of a hairstyle. While plunging the government towards a constitutional crisis through his relationship with the American divorcee Wallis Simpson, the notoriously vain Edward was also concerned about how he might look as loose change.