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Recent appearances:
PCGS VF-30. Ex - Ira S. Reed, June 13, 1944 at $25.00 - Ira & Larry Goldberg Coins & Collectibles, Inc.'s
"The Benson Collection - Part I", February 16, 18-20,
2001, Lot 3 at $2,875.00, where it was described (in part) as follows: "1652
Pine Tree Shilling, small planchet, 67.0 grains. PCGS graded VF-30. This
coin appears to be Noe-29, with the D in ENGLAND first rotated 180°,
then corrected. A choice coin for the grade, the fields are a natural
medium gray color, while the devices are uniformly lighter in color.
Well centered and struck, with the M is obviously double cut on the
obverse. Trouble-free wear and surfaces, without planchet problems. Die
steel for coinage was very hard to come by in early America, hence dies
were used and reused and then used some more to strike desperately
needed coinage. When a die cracked or broke, it was repaired by either
lapping down the surfaces or reingraving the devices (sometimes both).
Many coins reflect the worn or broken condition of the dies, and it is
evident that a great struggle was unfolding to keep the first authorized
silver coinage in circulation. About as nice as these are found, PCGS
has yet to grade any in mint state of this size and type."

Images courtesy of Early American History Auctions, Inc.
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