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Lot
1824

1652 SHILNG Pine Tree Shilling, Large Planchet MS64 PCGS....

2008 May Long Beach, CA Signature Auction #1108

 
Sold for: $51,750.00 (includes BP )
Bid Source: Live: Floor
Auction Ended On: May 29, 2008
Item Activity: 11 Internet/mail/phone bidders
6,545 page views

Description:

Splendid MS64 Pine Tree Shilling
Large Planchet, Noe-4, Ex: Ford, Boyd

1652 SHILNG Pine Tree Shilling, Large Planchet MS64 PCGS. Ex: Ford. Without pellets at trunk. Crosby 5-B1, Noe-4, R.4. 72.7 gn. 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.
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.
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.
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 (3/08).
Ex: F.C.C. Boyd Collection; John J. Ford, Jr. Collection Part XII, Stack's (10/2005), lot 84; Milwaukee ANA Signature, (Heritage, 8/2007), lot 1511, which realized $48,875.
From The Liberty Collection of American Colonial Coinage, Part Three.
(#23)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 444, Lot 1511 Sunday, August 12, 2007 64 PCGS $48,875.00
Auction 1104, Lot 2215 Saturday, April 19, 2008 64 NGC $29,900.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
63 --- --- --- --- --- $42,000 $46,000
64 --- --- --- --- --- $55,000 $60,000
65 --- --- --- --- --- $82,500 ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 0  
NGC 64 7 6 118 -
CAC 64 0 0 12 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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