LOT Old Heritage Auctions  /  2007 (ANA) Signature Coin Auction #444  / 

1510

1652 SHILNG Pine Tree MS63 PCGS

Currency:USD Category:Coins & Paper Money Start Price:29,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1652 SHILNG Pine Tree MS63 PCGS
<B>1652 SHILNG Pine Tree Shilling, Large Planchet MS63 PCGS.</B></I> Ex: Ford. Crosby 5-B1, Noe-4, R.4. 69.8 gns. Reversed first N in ENGLAND. Noe-4, Noe-5, and Noe-6 were all struck from the same pair of dies. The tree is slightly recut for Noe-6, and Noe-5 is identified by a break from the outer to inner beaded circles through the M in DOM. An intermediate die state, Noe-4.5, was used by Walter Breen and Richard Picker, characterized by an open left (facing) side to the O in DOM. Noe-4 is thus an early die state from the Noe-4 to Noe-6 dies. Yet the reverse die already shows some crumbling, primarily left of the X in the denomination, and from the beaded circle to the M in DOM.<BR>This is a lustrous and pleasing high grade example. The mild S-shaped wave across the centers is strictly due to its production method via a rocker press. Both sides are evenly toned in blended chestnut-tan and aqua-blue shades. Examination beneath a strong lens locates a couple of unimportant marks, between the 65 in the date and near the N in NEW, but the surfaces are otherwise exceptional. The strike is sharp and consistent. All branches on the tree are distinct.<BR>The obverse was nearly perfectly centered when struck, but the Boston Mint made two short, straight clips at 3 o'clock. On the obverse, these affected only small portions of the TS in MASATHVSETS. The reverse is misaligned a few degrees toward 9 o'clock, and the mint-made clip has slightly greater effect on this side, although most of W ENG is present and the other letters are fully intact.<BR>The 1652 date on the Massachusetts shillings represents the year the denomination was authorized, rather than the date of its production. A consensus of numismatists until recently believed that the 1652 date was intended to deceive England. Coinage was not explicitly authorized in the Massachusetts Royal charter, but with Oliver Cromwell in charge in 1652, the charter was arguably no longer in effect. But Massachusetts silver coinage continued for two decades after King Charles II assumed the throne in 1660, and when the Oak Tree twopence was first issued, it was dated 1662. Listed on page 37 of the 2008 <I>Guide Book.</B></I> Population: 5 in 63, 3 finer (7/07).<BR><I>Ex: F.C.C. Boyd Collection; John J. Ford, Jr. Collection, Part XII (Stack's, 10/05), lot 86.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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