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Long Beach Signature US Coin Sale 1252  16-17 Feb 2017
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Lot 3603

Starting price: 1 USD
Price realized: 95 000 USD
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Colonials
1652 SHILNG Pine Tree Shilling, Large Planchet, No Pellets at Trunk, MS65 NGC. Noe-3, W-710, Salmon 3-C, R.6. Ex: Hanson / Donald G. Partrick Collection. 74.1 grains. No Pellets at Trunk. N in IN Reversed. The Norweb catalog (lot 1193) description for a different Noe-3 shilling stated that "the finest example of this rare variety known to the present writer is currently in a major Eastern collection and is an exceptionally well struck and perfectly round example," a reference to the present coin. There is little if any doubt that this Noe-3 Pine Tree shilling is the single finest known.
The present lot is clearly superior to the Noe plate coin, which has a smaller diameter and shows a diagonal mark to the right of the tree roots. The Boyd-Clarke-Wurtzbach-Norweb-Hain specimen had "two planchet wrinkles" and a noticeable straight edge clip at 3 o'clock. The Mills-Boyd-Ford example has a similar distracting clip at 3 o'clock. Garrett's coin is comparable in grade to the present lot, but has an edge split and a smaller diameter. The Newcomer-Clarke-Boyd example from New Netherlands' 60th sale had an "irregular flan split." The Stickney-Breisland-Roper coin is circulated, oval-shaped, and "has a few old minor scratches and some incrustation." Three circulated examples are held by in the ANS. The variety was absent from Stearns, Eliasberg, Picker, Oechsner, Hawn, and Massachusetts Historical Society auctions.
A remarkable Gem, this MS65 example displays shimmering luster across lightly toned and unabraded gunmetal, ice-blue, and caramel-gold surfaces. The strike is bold and the reverse legends are complete. The obverse legends are nearly complete, with only the very tops of N MA absent. In fact, a majority of the outer beaded circle is present on both sides, something that can be said about few Large Planchet shillings. The aesthetic, technical, and market appeal are all outstanding and unsurpassable.
Ex: Donald Groves Partrick Collection / FUN Signature (Heritage, 1/2015), lot 5570.
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