Revere Auctions
Live Auction

March Day 1: Modern Design

Wed, Mar 16, 2022 11:00AM EDT
Lot 187

1652 Oak Tree Shilling PCGS Genuine N94

Estimate: $2,000 - $4,000

Bid Increments

Price Bid Increment
$0 $25
$300 $50
$1,000 $100
$3,000 $200
$5,000 $500
$10,000 $1,000
$20,000 $2,000
$50,000 $5,000
$100,000 $10,000
$500,000 $25,000
$1,000,000 $50,000
$10,000,000 $100,000
John Hull and Robert Saunderson (American, 17th Century). One 1652 oak tree shilling featuring an oak tree design along the obverse surrounded by "MASATHUSETS ∑ IN ∑" The reverse reads "NEW ENGLAND ∑ AN ∑ DOM ∑ 1652 XXI." Graded by PCGS as N94 meaning that there are a few spots of alteration making a certifiable grading difficult. Verified as genuine but not gradable.

This coin was among the very first minted in the United States in the Boston mint and were struck for three months before being replaced by "Willow Tree" silver coins and then "Pine Tree" coins. The Boston mint, operated by John Hull and Robert Saunderson, began to produce coinage in 1652 with the authorization of the General court of Massachusetts Bay. As creating coinage was not the right of colonists, this was among some of the first acts of rebellion by the American colonists prior to the Revolutionary War. The Boston mint produced coins from 1652 to 1682, when the contract expired. The same year, British loyalist Edward Randolph traveled to London to present seventeen charges against Massachusetts Bay Colony, the first of which was operating a "Publik mint in Boston."


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