N ENGLAND SHILNG XF40
ULTRA RARE. NOE-III-A, 66.20 grs. RARITY-7+. ORIGINALLY STRUCK IN BOSTON AFTER AUTHORIZED BY THE MASSACHUSETTS GENERAL COURT IN 1652. THESE ARE THE FIRST COINS MINTED THE "ENGLISH AMERICAS". FINEST KNOWN OF THIS VARIETY.
A prized time in American history, 1652 harbored the roots of our nation and the slightest hints of revolt within the relatively new chartered colonies. Though it was nearly one hundred and twenty years before the actual Declaration of Independence was signed, colonists developed this new territory into a feasible, functioning society that needed newer laws and a relatively stable economy. Previous purchases were handled through goods for goods trade but as settlements developed into colonies, colonies developed into towns, and town developed into cities these goods were no longer viable currency. Unfortunately, many colonies chartered by the King were not granted coin production rights, probably to maintain economic control over the colonies. Massachusetts Bay Colony was the first colony to challenge the prohibitory law and surprisingly their request was approved. By mid-1652 the Massachusetts Bay Colony minted its first legal coin, the silver shilling worth twelve pence; because this was a relatively quick process head of the mint John Hall and assistant made a simply designed coin with “NE” for New England on the obverse and “XII” the Roman Numeral 12 for value, on the reverse. These handmade coins often had to be sanded down to their proper weight of 72 grains, leaving uneven edges and creating an imperfect circle but adding to the unique quality of these coins. After three months of production the design changed to include more complex details due to the simple coins often being counterfeited. Though short lived and plainly designed, these 1652 New England Shillings hold the entire U.S. history within its creation and foreshadows the beginning of independence.