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    Description

    1662 Noe-32 Oak Tree Twopence, AU53
    A Well-Centered, Boldly Struck Example

    1662 2PENCE Oak Tree Twopence, Large 2, Noe-32, W-240, Salmon 1-B, R.5, AU53 NGC. 12.4 grains. Die alignment: 330°. A well-centered and attractive example of this intriguing issue, which is usually encountered struck off-center. The tree is sharp and the legends distinct, having received a stable strike that is only a bit weak around 2 o'clock on the obverse and the corresponding area of the reverse. A uniform gray is underscored by pleasing gold toning in some of the protected areas, most noticeable in the legends. While the other denominations of the Massachusetts Willow, Oak, and Pine Tree silver series are all dated 1652, the Oak Tree twopence is unique not only for its value but because of its date. Issued in response to a need for smaller change, the coins were authorized on May 16, 1662 and ordered to be produced in large numbers: half the total value of the coinage minted that year was to be struck in twopence pieces. The Noe-32 variety is an early die state of the same recut reverse die used for Noe-33 and 34, with only a hint of the die breaks that distinguish the latter varieties. Listed on page 40 of the 2018 Guide Book.
    Ex: Eckfeldt; Eric P. Newman Numismatic Education Society. (NGC ID# 2ARE, Variety PCGS# 45356, Base PCGS# 17)


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

    Auction Info

    Auction Dates
    November, 2017
    1st-3rd Wednesday-Friday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 1,178

    Buyer's Premium per Lot:
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    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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