1652 Pine Tree Shilling, Noe 5

  • The 1652 Noe 5 variety Pine Tree Shilling represents a milestone in American numismatics
  • This coin is among the first examples of legal tender in Colonial America
  • With a pine tree on the obverse, the reverse displays a charming backwards N die error
  • Get complete item description here
Item No. 31-3353

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This Noe 5 variety silver Pine Tree Shilling is a wonderfully rare example of early Colonial coinage. The first mint in the North American British colonies was established in Boston in 1652. John Hull, along with Robert Sanderson, served as mintmaster after being appointed by the Massachusetts General Court without permission from the British government. The mint, known as the “Hull Mint,” issued coins in 3 pence, 6 pence and 1 shilling denominations which were struck with Roman numerals corresponding to their value. 

The Pine Tree Shilling, so-called for the pine tree that adorns it, circulated widely after its minting, from French Canada to the West Indies, and from Boston all the way to London, giving the Colonies a degree of financial independence. The Noe 5 is distinguished from the other Pine Tree Shilling varieties by a vertical die break from the outer to inner beaded circles through the “M” in “DOM” on the reverse. Also, the Noe 4-Noe 7 varieties have a charming error on the reverse: the first “N” in “England” is backwards. In all, this shilling represents an American numismatic milestone and an early glimpse into the colonists’ desire for independence.

Circa 1652
1652 Pine Tree Shilling, Noe 5
Period: 17th Century
Origin: America
Type: Coins

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