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Colonial Coins by Type

Obverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5     Reverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5

  
1662 MASSACHUSETTS "OAK TREE" SHILLING -
NOE 5

Variety equivalents: Crosby 2-D

Rarity: Very Rare

Images courtesy of Early American History Auctions, Inc.

Significant examples:
PCGS AU-53 (illustrated above).  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, December 9, 2000, Lot 883, where it was described as follows: "
1652 Oak Tree Shilling, Noe-5, PCGS graded About Uncirculated-53. A truly special example of the large size Oak Tree Coinage showing only the lightest of friction on the highest points, from being graded fully Mint State. There is lots of original mint luster still present, the tree is sharp and clear and the date side is incredibly sharp and distinct in detail. This coin has a very large round planchet and is wholly original, being a soft silvery-gray in color with nice natural golden overtones. (Current 2002 Guidebook lists this coins value at $6,750 in EF-40, but being so rare in AU, there is no listing. However, one typically adds about double the value for the next grade level and this coin is an AU-53... better still!) An excellent specimen for the collector wanting one premium quality example of this most important Colonial Silver issue."

PCGS AU-53 (does not match any of the coins illustrated here).  Ex - Bowers and Merena Galleries "The Rarities Sale", September 22, 2002, Lot 1, not sold.

PCGS AU-53 (71.1 grains).  Ex - American Numismatic Rarities "The Classics Sale", July 25, 2003, Lot 2, illustrated, sold for $8,625.00

PCGS AU-53 (illustrated below - compare with the coin immediately above).  Ex - Wesley Van Olden - Heritage Numismatic Auctions, Inc. "Long Beach Sale", September 18-20, 2003, Lot 5007, illustrated, "...Noe-5, Crosby 2-D, R.2. 73.3 grains. A bit off center on the obverse, as usually seen on this variety, the devices are well defined and cut into the die sufficiently deep to render a good impression. The surfaces are bright with traces of luster still remaining and evident even through the multiple layerings of gray, blue, and rose toning that covers each side. Two planchet cracks are seen on the lower obverse and affect the reverse as well. One of the finest Noe-5 shillings known..."

PCGS AU-53.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 2, "Noe-5, Rarity-2", illustrated, sold for $8,625.00

Recent appearances:
PCGS AU-50 (illustrated above).  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, December 9, 2000, Lot 829, where it was described as follows: "1652 MA "Oak Tree" Shilling, Noe 5, PCGS graded About Uncirculated-50.  A wonderfully original coin that features a full weight of 72.0 grains, perfect, problem-free surfaces, and rich silver color. This coin came to us unattributed in a collection along with a 1794 "Head of 1793" Large Cent. Our consignor was disappointed to hear that the Large Cent was an electrotype, but was thrilled to learn that his lone piece of Massachusetts Silver was one of the finest examples known of the variety. This piece is at least the equal of the Norweb:1161 example, which was slightly underweight and not quite as well-detailed as the example we offer here. Like the Norweb piece, this one has an obverse that was struck slightly off-center towards the bottom edge. The top of the obverse has a similar flat area which causes some weakness on the corresponding area at the top of the reverse. Never clipped, never bent, never cleaned, this outstanding coin will grace any advanced collection of these increasingly popular Colonial coins. By way of pricing, we note that the Norweb coin realized $6,200 way back in the "ancient" days of 1987 and the current Red Book's highest value is listed as $9,000. in EF-40!" - Superior Galleries New York ANA Sale, August 1-3, 2002, Lot 8

PCGS XF-45 (illustrated below).  Ex - Superior Galleries New York ANA Sale, August 1-3, 2002, Lot 9, illustrated, where it was described as follows: "1652 Massachusetts Oak Tree Shilling. Noe-5 Rarity-2. PCGS graded Extremely Fine 45. Glossy bluish steel and medium gray with lighter silvery gray highpoints. No marks or planchet flaws other than a minor straight-edge clip on either side. Struck slightly off center to K-5, but the planchet is large enough to accommodate the legends, only TS IN being tight to the edge. The normal s-wave in the planchet is gentle and has not affected the wear pattern. Later die state. Superior to the LDS example in the Hain sale. Weight listed at 72.4 grains on the PCGS label."

PCGS XF-40.  Ex - Dr. Joseph M. Seventko - Heritage Numismatic Auctions, Inc.'s "Atlanta 2001 ANA" Signature Sale, August 8-11, 2001, Lot 5003, illustrated, "69.6 grains...tiny planchet crack on the obverse between 4 and 5 o'clock..."

Sources and/or recommended reading:
"The Silver Coinage of Massachusetts" by Sydney P. Noe

Obverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5     Reverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5

PCGS AU-53
Images courtesy of Heritage Numismatic Auctions, Inc.

Obverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5     Reverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5

PCGS EF-45
Images courtesy of Superior Galleries

Obverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5     Reverse of 1652 Massachusetts "Oak Tree" Shilling - Noe 5

PCGS AU-50
Images courtesy of Early American History Auctions, Inc.

  

 

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