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    Description

    1652 Pine Tree Shilling, MS64
    Large Planchet, Noe-5
    Ex: Brand, Clarke, Boyd

    1652 SHILNG Pine Tree Shilling, Large Planchet MS64 NGC. CAC. Noe-5, W-720, Salmon 4-Di, R.4. 72.4 grains. 1942 ANS Exhibit Coin #116. Noe-5 is another recutting variety from the Crosby 5-B dies. Crosby identified the varieties 5-B1, 5-B2, and 5a-B2, which respectively became Noe-4, 5, and 6. Later, Ford discovered, and Picker confirmed, the important intermediate Noe-4.5 variety. Noe-5 has an oval O in DOM. That letter is round and bold on Noe-4, and round and weak on Noe-4.5. A Boston Mint engraver strengthened and reshaped the O to create Noe-5. Noe-6 is the final chapter in the life of the die pair, distinctive for its awkwardly re-engraved obverse M.

    Edge splits and upper border elongation are prevalent traits on Noe-5 shillings. For example, two consecutive Hain Family lots, 105 and 106, exhibit both characteristics. The cause of upper border stretching is explained in lot 106 of that catalog as "from the rocker press action [of] squeezing the planchet forward." The edge splits may arise from an improperly rolled planchet strip. The strip was too thick; the planchets would be subject to greater stress at the border during coinage.

    The present near-Gem is outstanding from the technical perspective, and ranks among the finest examples of the variety. The satiny cream-gray and straw-gold surfaces display only incidental contact. The usual die state, this example shows a clashed N southwest of the denomination and noticeable breaks close to the inner reverse beaded circle, near the letters M, W, second E, and first A.

    Two flan splits, at 5:30 and 11 o'clock, each extend about four mm radially into the coin. The upper reverse shows the stretching characteristic of the variety. These aspects are all as made. Of greater significance is that the coin is nearly round and has virtually complete peripheral letters. Only the very tops of MA and (DO)M N(EW) are absent. The upper edge flaw passes between TH and, opposite, (LAN)D A(N) without affecting any letters. The lower edge split impacts the first N in both peripheral legends.
    Ex: Virgil Brand; B.G. Johnson; T. James Clarke; F.C.C. Boyd; 60th Public Auction Sale (New Netherlands, 12/1968), lot 214; Donald Groves Partrick.

    Coin Index Numbers: (PCGS# 23)


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    Auction Info

    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 15
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