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FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5503

Starting price: 1 USD
Price realized: 120 000 USD
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Colonials
(1652) SHILNG New England Shilling VF35 PCGS Secure. Noe 2-A, W-60, Salmon 2-B, Low R.7. 69.5 grains. A diagonal die line extends down to the right from the center of the E in NE, identifying Noe's obverse 2. The reverse is the same as seen on the previous pieces, with a diagonal die line extending up to the right from the top of the first I in XII. A bulge through the upper left arm of the X is advanced further than on Noe 1-A, and appears to vary in size on different examples of Noe 2-A.
This pleasing pewter-gray example has the usual bumps and old scratches found on most surviving NE shillings. The wavy planchet is typical of all NE pieces. An old scratch across the lower reverse serves to establish the pedigree of this piece. Jack Howes identifies this piece as the Clay; Warner; Cole specimen. All of the various identifying marks on this piece are visible in the plate of the Warner catalog published 130 years ago. Howes records 12 examples of the Noe 2-A NE shilling, including two in the ANS Collection, another in the Durham Western Heritage Museum, and two in the British Museum, leaving just seven examples in private collections.
Lot 63 in the W.H. Strobridge catalog of the Dr. Charles Clay Collection was described as: "Entirely circular. Weight two dwts. 22 grs. Size 19. Silver; but little worn by circulation." A similar description appeared in the 1884 catalog of the Thomas Warner Collection:

"(1652) Shilling. N E in an incused square on a plain silver planchet. Rev. XII in an incused square. Fine. Very rare and in great demand. Size 19. See plate.
"Note.-This was the first coin issued in America."

Ezra Cole was a professional philatelist who acquired important numismatic items from time to time. This historic piece, hidden for several decades, shows that Mr. Cole had excellent judgment, and the next owner will undoubtedly be rewarded for similarly exceptional judgment.

Census of Noe 2-A New England Shillings:
1. AU53 PCGS Secure.
Richard B. Winsor, Esq. Collection (Chapman Bros., 12/1895), lot 1; Lester Merkin, 11/1976; Henry P. Kendall Foundation Collection (Stack's Bowers, 3/2015), lot 2303.
2. XF.
Ferguson Haines (Chapman Brothers, 10/1888), lot 18; Ben G. Green (10/1906), lot 477; John Story Jenks (Henry Chapman, 12/1921), lot 5383; Morgenthau (10/1933), lot 1; Charles Jay (Stack's 10/1967), lot 2; Gibson Collection (Stack's, 11/1974), lot 1; Andrew Hain Family Collection (Stack's, 1/2002), lot 1.
3. XF. Belden E. Roach (B. Max Mehl, 2/1944), lot 1; Richard Picker (Stack's, 4/1991), lot 1; Andrew Hain Family Collection (Stack's, 1/2002), lot 2; Henry Leon (Stack's, 5/2008), lot 319.
4. XF. Col. James Ellsworth; John Work Garrett; Richard Picker (Stack's, 10/1984), lot 2.
5. VF35 PCGS Secure. Dr. Charles Clay Collection (W.H. Strobridge, 12/1871), lot 63; Thomas Warner Collection (Chapman Brothers, 6/1884), lot 2022; later, Ezra Cole Collection (Bowers and Merena, 1/1986), lot 1102; later, Anthony Terranova (Philadelphia ANA, 8/8/2000); Donald Groves Partrick; Donald G. Partrick Collection (Heritage, 1/2015), lot 5515. The present example.
6. VF. Thomas Cleneay (Chapman Brothers, 12/1890), lot 256; later, David Bullowa (6/1953), lot 756; A-Mark (1972); Promised Lands Collection (Pine Tree, 4/1974), lot 193; Pine Tree (4/1975), lot 620; Stack's (12/1979), lot 2; currently, Sydney Martin Collection.
7. VF, estimated grade. William B. Osgood Field; ANS (Inv. 1946.89.11). Noe Plate 1, No. 4.
8. VF, estimated grade. William B. Osgood Field; ANS (Inv. 1946.89.10). Noe Plate 1, No. 3.
9. VF, estimated grade. Byron Reed Collection; Durham Western Heritage Museum, Omaha, Nebraska.
10. VF, estimated grade. British Museum (Inv. BM E4150).
11. VF, estimated grade. Matthew Adams Stickney Collection (Henry Chapman, 6/1907), lot 1.
12. Fine, estimated grade. Sarah Sophia Banks; British Museum (Inv. SSB 168.1).

Ex: Dr. Charles Clay Collection (W.H. Strobridge, 12/1871), lot 63; Thomas Warner Collection (Chapman Brothers, 6/1884), lot 2022; later, Ezra Cole Collection (Bowers and Merena, 1/1986), lot 1102; later, Anthony Terranova (Philadelphia ANA, 8/8/2000).
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