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    Description

    1652 Pine Tree Shilling, MS65
    Noe-4.5, Full Legends
    The Finest Known Noe-4.5

    1652 SHILNG Pine Tree Shilling, Large Planchet MS65 NGC. Noe-4.5, W-720, Salmon 4-D, R.5. 73.9 grains. No Pellets at Trunk. N in IN Reversed. First N in ENGLAND Reversed. The Noe-4.5 variety, a missing link between Noe-4 and Noe-5, first received notice in print in lot 213 of New Netherlands' 60th sale held December 1968. John J. Ford, Jr. wrote: "Dies of Crosby 5-B in transitional state, not known to Noe. Upon the obverse the forms of M ... TV. E .. are as on Noe 5 as is the inner circle, but the tree is as on Noe-4; the letter M has its third stroke so weak as to be hardly discernible. Rev. Die injury and failure at AND*; die reground at O leaving that letter partly open; break at M extended; inner beads, date and XII as on Noe 5 but as yet not strengthened; die extensively reground. ... The total appearance of this piece is quite different from that of both Noe 4 and 5. In addition to our comments above, attention might be called to the following obv. details: top horizontal of first T, the bottom serifs of the H, all of the letter V, and, possibly, the bottom serif of the second S."

    Eight years later, Noe-4.5 was recorded in Richard Picker's list of intermediate Massachusetts silver varieties in the 1976 ANS reference Studies on Money in Early America. No variety collection of Pine Tree shillings is complete without an example. Both Crosby and Noe overlooked the distinct variety, partly due to its scarcity.

    The present Gem ranks among the finest known examples of the variety. In its 2005 Stack's appearance, the cataloger noted "the Hain collection contained a similarly graded specimen (lot 102), but that one had planchet and striking issues that are missing from the very attractive and problem-free specimen offered here." The pastel sea-green and wheat-gold toning is as pleasing as the crisp strike and coruscating luster. The slight wave on the piece is characteristic of original examples. Unabraded and desirable with full legends and outstanding eye appeal.
    Ex: Americana Sale (Stack's, 1/2005), lot 2446; 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: 23
    Lot Tracking Activity: N/A
    Page Views: 1,223

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