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Rare coins made in Colonial New England may get $ 300,000 | Nationwide

A very rare coin with a penny at face value when minted in the mid-17th century could sell for about $ 300,000 when auctioned in London next month.

The silver one-shilling coin manufactured in Boston in 1652 is considered to be the best example of about 40 coins known to exist today, but recently hundreds of old in the UK. It was found in a candy can containing coins. Auctioneer Morton & Eden Ltd. said in a statement Wednesday.

Auctioneer coin specialist James Morton called New England coins a “collection star.”

“I believe in my eyes when I realized that the early settlers of the Massachusetts Bay Colony were a good example of the New England shilling that John Hull struck in Boston in 1652 for use as a currency. I couldn’t, “he said in a statement.

In 1652, the Massachusetts State Court appointed Hull and his assistant Robert Sanderson as Boston’s Moneyer to produce North America’s first silver coin. According to a statement, mint, considered rebellious by Charles II, was closed in 1682.

On one side of the rudimentary design coin is the New England acronym NE, and on the other side is the Roman numeral XII (12), the number of shilling penny.

Jim Bailey, Coin Expert and Metal Detector, Warwick, Rhode Island The excavation of 17th-century silver coins, believed to be related to the infamous British pirate Henry Every, created a sensation earlier this year., Called British Shilling a “amazing discovery.”

“Coins are very attractive,” Bailey said Wednesday. “There are only about 40 such coins, so this specimen is the best.”

The coin was commissioned to an auctioneer by Wentworth “Wenty” Beaumont. His father found it in a can in a study in a family estate in northern England.

Beaumont’s ancestor, William Wentworth, was an early pioneer in New England who arrived in the colony in 1636 and was probably the first to get a new coin. Wentwards has become a prominent family in New Hampshire.

“I can only think that Schilling was brought back from the United States by one of my ancestors many years ago,” Beaumont said in a statement.

An online auction containing some other early American coins is scheduled for November 26th.

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William J. Kole of Warwick, Rhode Island contributed to this report.

Copyright 2021 AP communication. all rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.



Rare coins made in Colonial New England may get $ 300,000 | Nationwide

Source link Rare coins made in Colonial New England may get $ 300,000 | Nationwide

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