MS62 Small Planchet Pine Tree Shilling
    Scarce Noe-16 Middle Die State

    1652 SHILNG Pine Tree Shilling, Small Planchet MS62 PCGS. Crosby 21-L, Noe-16, R.2. 66.36 gn. It is a little-known secret that Small Planchet Pine Tree shillings are exceptionally rare in Mint State. They are rarer, as a type, than Large Planchet shillings. PCGS has certified only three Small Planchet pieces as Mint State, one each as MS61, MS62, and MS64. NGC has encapsulated just one example as Mint State, an MS62. The Noe varieties of these pieces are unknown to the cataloger, with the obvious exception of the present lot.
    This is a magnificent example of Noe-16. The reverse is nearly perfectly centered, and the obverse is misaligned only a few degrees toward 6 o'clock, affecting a few border beads. All peripheral letters are well separated from the edge, and all are well struck. The centers show moderate softness, although the designs are clear even in these areas.
    The surfaces are smooth and glisten with comprehensive satin luster. Caramel-gold, plum-mauve, and ocean-blue shades alternate throughout. Remarkably unabraded, since it takes lengthy examination beneath a glass to locate completely trivial hair-thin marks near the second T in MASATHVSETS. The only attribution marker present is a faint, slender lamination (as made) near the lower two right-side branches.
    It is from an interesting middle die state with intermittent rust on both sides. The two lowest left branches are nearly merged by die crumbling, which also connects obverse design elements from 5 to 6 o'clock. However, earlier than Hain:137, since the heavy breaks on the roots and nearby beads on that piece are absent here.
    The present piece is almost certainly the finest known middle die state Noe-16. An outstanding opportunity to obtain a Mint State Small Planchet shilling. Listed on page 37 of the 2008 Guide Book. Population: 1 in 62, 1 finer (11/07).
    From The Madison Collection. (NGC ID# 2ARZ, PCGS# 24)

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

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    Auction Dates
    January, 2008
    9th-12th Wednesday-Saturday
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