Lot #11. 1652 Massachusetts Bay Colony Oak Tree Shilling. W-470, Noe-5, Crosby 2-D. URS-11. VF-20 (PCGS).
The September 2009 Philadelphia Rarities Sale - 9/22/2009
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As the most available die marriage of the Oak Tree Shilling, Noe-5 is a strong candidate to represent the type in a more expansive collection of Colonial and early federal-era coinage. This piece display a typical quality of strike for the die pair, the reverse well centered on the planchet but the obverse drawn toward the lower border. As such, the tops of the letters IN as well as M and the final S in MASATHVSETS are off the flan. All other devices on the obverse are present from the strike, although moderate wear has effaced much of the detail to the oak tree, as well as some of the peripheral lettering at 10 and 3 o'clock. The reverse is much bolder with all devices readily evident. Deep charcoal-copper patina to both sides, neither of which displays any sizeable abrasions. The extent of break-up to the reverse die at the right periphery suggests that this piece is a late state of the Noe-5 marriage before the obverse was discarded is favor of that used to strike the Noe-6/Noe-7 variety.