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1662 2PENCE Oak Tree Twopence MS61 PCGS. CAC. Noe-32, W-240, Salmon 1-B, R.5....
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Description
1662 Oak Tree Twopence, MS61
Noe-32, W-240, Salmon 1-B
Gorgeous, Conditionally Rare Example
1662 2PENCE Oak Tree Twopence MS61 PCGS. CAC. Noe-32, W-240,
Salmon 1-B, R.5. 12.1 gns. Large Date. Unlike the other Oak
Tree denominations -- the shilling, the threepence, and the
sixpence -- the Oak Tree twopence coins bear the date 1662, which
apparently refers to the year in which they were authorized. The
shillings, threepence, and sixpence pieces are dated 1652, like the
related Willow Tree and Pine Tree issues. All seven known varieties
of the Oak Tree twopence were struck using the same dies, but four
of those are referred to as "Small Date," while three varieties are
called "Large Date." It appears that the original reverse die,
featuring the so-called Small Date, was reworked at some point to
create the later Large Date pieces. Thus, all seven variants are
really different states of the same original die pair.This is a gorgeous specimen in an unusually high grade, for the type. The strike definition on both sides is sharp and nearly full, an almost unheard-of occurrence with any of the early Massachusetts silver issues. There is a considerable degree of original mint luster on the coin, and the surfaces are impressively preserved. The deep medium-gray toning is enhanced by pleasing accents of champagne, steel-green, and sky-blue.
A great Mint State example of this rare early type, which seems to be conservatively graded by PCGS. The savvy advanced specialist in these interesting early Colonial coins should take a good look at this exceptional offering. Listed on page 38 of the 2015 Guide Book. PCGS Population for all known varieties: 1 in 61, 4 finer (6/14).
From The Palos Verdes Collection.
Coin Index Numbers: (PCGS# 17)
View all of [The Palos Verdes Collection ]
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