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1652 SHILNG Pine Tree MS64 PCGS

Currency:USD Category:Coins & Paper Money Start Price:57,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1652 SHILNG Pine Tree MS64 PCGS
<B>1652 SHILNG Pine Tree Shilling, Large Planchet MS64 PCGS.</B></I> Ex: Ford. Without pellets at trunk. Crosby 5-B1, Noe-4, R.4. 72.7 gns. The first N in ENGLAND is reversed, a die engraver's blunder. Inexperienced engravers sometimes forget that dies are the mirror images of the coins they strike. The best example of this is the Noe-11 Pine Tree shilling, for which all four Ns within the legends were entered backwards.<BR>This beautiful golden-brown shilling offers unbroken satin sheen. The obverse is misaligned slightly toward 7 o'clock, with a few letters in the vicinity partly off the flan. The reverse centering is nearly perfect, since only the M in DOM is incomplete, and even that letter is mostly present. The outer beaded circle is visible along the right border. Ejection from the die stretched the AND in ENGLAND, as made. The characteristic wave across the centers is also a feature of its manufacture.<BR>Typical for a Noe-4, a group of tiny to large die lumps is noted to the west of the XII. The exact nature of the die break above the M in DOM is unknown, since that is the only portion of the reverse legend off the flan. The preservation is remarkable, and the piece is more easily identified by its pattern of mint-made peripheral clips than by any post-strike marks. A faint spot on the right border of the A in MASATHVSETS is barely worthy of passing mention.<BR>The present lot is unquestionably among the finest Large Planchet Pine Tree shillings, and it will require a strong bid for the connoisseur to secure such a museum-quality example. The 17th century Boston Mint coinage was the first struck in what would become the United States, and its historical importance cannot be overemphasized. Listed on page 37 of the 2008 Guide Book. Population: 3 in 64, 0 finer (7/07).<BR><I>Ex: F.C.C. Boyd Collection; John J. Ford, Jr. Collection Part XII, Stack's (10/05), lot 84.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)