A delicately stitched embroidery/cross stitch celebrating the coronation of George VI.
Unlike some of the 1937 samplers, where Edward became George, I've not seen any Edward examples of this one; perhaps it was designed after the abdication. My guess would be that it was based on a transfer. It's a delicate-looking design, in every example I've seen: mostly embroidery with a little cross-stitch (but it looks embroidered, not counted thread work - eg. the red crown in the coat of arms). The framed size of this example is 13inches x 15.5inches: it sold for just over GBP42.
Design-wise, it has interesting connections to two other types of designs shown in other blog posts here. The buildings are reminiscent of the impressionistic sketch buildings embroideries such as the Windsor Castle one in the previous blog (use the tag buildings to find more). The lettering of the bordered inscription is like that used in the map samplers (such as the county map samplers) in other blog entries here (use the tag maps to find more).
If you know any more about this design, please do leave a comment.