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    Description

    1652 Pine Tree Shilling, MS64
    Large Planchet, Noe-2, W-700, Salmon 2-C
    Finest Known, Ex: Eliasberg

    1652 SHILNG Pine Tree Shilling, Large Planchet, No Pellets at Trunk, Noe-2, W-700, Salmon 2-C, R.5. MS64 NGC. 73.1 grains. No Pellets at Trunk. The Straight Tree. In a Ford:XII catalog description for a Noe-2 lot, the writer noted "the fact that none of the four Boyd-Ford coins are better than Choice EF shows that this is about as good as it gets for the variety."

    The present lot proves an exception to the rule. Graded "MS-60 or finer" in its Eliasberg catalog appearance two decades ago, the coin was noted as "clearly a Condition Census contender" with the comment, "it would be difficult to imagine a finer example of N-2."

    One can imagine a Noe-2 with complete peripheral legends, but that would be the sole consequential improvement over the present coin. The light-to-medium cream-gray and chestnut-gold surfaces are satiny. They are also unabraded, save for a solitary tick on the base of the first I in XII and a trivial hairline west of the lowest left tree branch. The strike is bold throughout, although about half of IN MAS is absent and several other letters, mostly on the reverse, are missing their upper tips. No Noe-2 Pine Tree shillings are known with complete legends.

    Incomplete peripheral letters are characteristic of Large Planchet Pine Tree shillings, which were struck on dies that were oversize relative to the irregular diameter planchets, typically clipped down to standard weight at the Boston Mint. The current piece is larger than most Noe-2 examples. For example, it exceeds in weight three of the four Ford:XII pieces, and all five of the Hain Family coins.
    As of (6/16), the NGC Census has recorded a total of 47 Large Planchet, No Pellets Pine Tree shillings. Among all varieties (Noe-1 through Noe-14), NGC has certified five pieces as MS64, two as MS65, and none finer. This example is the finest known Noe-2. Listed on page 41 of the 2017 Guide Book.
    Ex: Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 5/1996), lot 9; Donald Groves Partrick; Partrick Collection (Heritage, 1/2015), lot 5569, realized $51,700.

    Coin Index Numbers: (NGC ID# 2ARV, Variety PCGS# 45370, Base PCGS# 23)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    August, 2016
    10th-14th Wednesday-Sunday
    Bids + Registered Phone Bidders: 27
    Lot Tracking Activity: N/A
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