The 1652 New England Shilling is one of the earliest coins struck in what would become the United States, making it a highly significant and sought-after piece in American numismatics. Here are the key details about this historic coin:
Key Facts
- Date: 1652 (all coins bear this date, though they were struck over a period of years)
- Mint Location: Boston, Massachusetts
- Composition: Silver
- Diameter: Approximately 27 mm
- Weight: About 70-72 grains (4.5 to 4.7 grams)
Design Features
- Obverse:
- Features the letters “NE” (for New England).
- The design is very simple and utilitarian, reflecting the rudimentary minting techniques of the time.
- Reverse:
- The Roman numerals “XII” indicating the denomination of twelve pence (one shilling).
Historical Context
- Colonial Coinage: The New England Shilling was part of the first series of coins minted in the American colonies, authorized by the Massachusetts Bay Colony.
- Date Significance: The year 1652 was used on all coins minted under this authorization as a political statement, asserting the colony’s rights during a period of political uncertainty following the English Civil War. The date continued to be used for several years even though the coins were struck later.
Variants
- New England Type: The earliest and simplest design with “NE” on the obverse and the denomination on the reverse.
- Willow Tree, Oak Tree, and Pine Tree Types: Later issues featured more complex designs with tree motifs, though these also retained the 1652 date.
Rarity and Value
- Rarity: The New England Shilling is extremely rare. Only a small number were struck, and even fewer have survived to the present day.
- Value: The coin is highly valued by collectors and historians. Prices can range from tens of thousands to hundreds of thousands of dollars depending on the condition and provenance of the individual coin.
Collecting Tips
- Authentication: Due to its value and rarity, the New England Shilling is often subject to forgery. It is essential to have the coin authenticated by a reputable grading service or expert in colonial coinage.
- Provenance: Documentation of the coin’s history and previous ownership can add significantly to its value.
Notable Facts
- Historical Significance: The New England Shilling represents the first attempts at self-sufficient coinage in the American colonies, a significant step in the economic development of the early settlements.
- Symbolism: The simplicity of the design reflects the practical needs and resources of the Massachusetts Bay Colony at the time, focusing on function over form.
The 1652 New England Shilling is a remarkable artifact of early American history, symbolizing the nascent economic independence of the colonies. Its rarity and historical context make it a prized possession for collectors and a key piece of early American numismatic history. Proper authentication and documentation are crucial for anyone looking to acquire this historic coin.
