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1652 MASSACHUSETTS "PINE TREE" SHILLING - NOE 29
  

Obverse of Massachusetts Pine Tree Shilling - Noe 29     Reverse of Massachusetts Pine Tree Shilling - Noe 29

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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