1652 Shilling Pine Tree, Noe-8 MS(PCGS#890971)

August 2023 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

8180

Grade

AU53

Price

6,300

Lot Description

Magnificent Second Noe-8 Pine Tree Shilling Extra Large Planchet Ex Norweb; Hain 1652 Pine Tree Shilling. Large Planchet. Noe-8, Salmon 7-E, W-740. Rarity-4. Ligatured NE In Legend. AU-53 (PCGS). 71.9 grains. An unusual specimen, struck on an extra large, 31.4 mm diameter, planchet. Both sides are deep copper-gray with some faint gold. Obverse and reverse about perfectly centered when struck. Short, shallow edge break at 12 o'clock, long and dramatic straight edge clip at 6 o'clock. This coin was struck on wider then necessary strip, accounting for the extra metal that shows beyond the beaded outer borders on both sides. The full weight of the coin shows that it was clipped at the mint because as struck, it must have weighed nearly 80 grains. Two roughly parallel planchet creases diagonally flanking the central design elements testify to how the coin was made. The beads under the second letter S in MASATHVSETS on the obverse still show, but the reverse cud break engaging the bottoms of the letters GL in ENGLAND is growing thicker, although it does not run into the field below. A visually impressive piece, made even more desirable by a smooth in hand appearance that is free of detracting marks. Provenance: From the Sydney F. Martin Collection. Earlier ex Sotheby's sale of May 1928, lot 639; Hollinbeck Stamp & Coin Company's sale of November 1953; our (Bowers and Merena's) sale of the Norweb Collection, Part I, October 1987, lot 1197; Superior's session of Auction '88, July 1988, lot 3; our (Stack's) same of the Hain Family Collection, January 2002, lot 117; Lawrence R. Stack Collection, November 2006. To view supplemental information and all items from the Sydney F. Martin Collection, click here. PCGS# 890971. NGC ID: 2ARY. Click here for certification details from PCGS.