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Which Coin Would You Choose? NE Shilling Vs. Octo Pan Pac

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Bedrock of the Community
numismatic student's Avatar
United States
11896 Posts
 Posted 08/07/2023  5:00 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
There is another NE Shilling coming up for sale. This one is finer than mine at PCGS AU53 CAC with both the obverse and reverse punch showing full and clear. This same coin, the Winsor specimen sold for $186,000 in 2019 and $211,500 in 2015. It is bid at $55,000 with 9 days to go until it crosses the block. Maybe someone snipes it at a bargain price.

https://auctions.stacksbowers.com/l...-53-PCGS-cac

HA: "Today, we know of about 60 examples of all six varieties; a surprising 21 of those examples are in museum holdings, leaving just 39 pieces for collectors."

Some of the examples outside of museums that Howes identified haven't been seen in years or decades. But it's amazing how much research and scholarship surrounds this coin. It resides at the British Museum, the Smithsonian's National Museum of American History, the Museum of Fine Arts in Boston, the Metropolitan Museum of Art, the Deerfield Museum, etc.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
08/07/2023 5:31 pm
Bedrock of the Community
numismatic student's Avatar
United States
11896 Posts
 Posted 08/07/2023  5:14 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
https://www.britishmuseum.org/colle.../C_SSB-168-1

The British claim it as their own as it was struck in the territorial possession of King Charles II. The British Museum piece was donated by the sister-in-law of collector Sarah Sophia Banks (1744-1818) and was donated in 1818 upon her passing.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Pillar of the Community
Ty2020b's Avatar
United States
4680 Posts
 Posted 08/07/2023  6:53 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
I would have also gone NE for the historical importance and rarity. Yours and the one posted are both amazing examples I'll never afford.


Quote:
Don't forget buckskins, reputedly the source of our slang use of buck for dollar.


Forget which early US coinage book I read it in, but beaver hides were big. Shortly after wampum's, beaver pelts, especially large adult male beavers in season, were a standard for trade.
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NumisEd's Avatar
United States
5191 Posts
 Posted 08/07/2023  10:13 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
"A Historical Account of Massachusetts Currency"

https://books.googleusercontent.com...N94pzWTObeZE
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kbbpll's Avatar
United States
4233 Posts
 Posted 08/07/2023  10:31 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
Massachusetts Historical Society has one. https://www.masshist.org/database/6429
They also have a sixpence and the only currently known threepence, making them the only entity to have all three denominations.
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kbbpll's Avatar
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4233 Posts
 Posted 08/07/2023  10:39 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
There is another NE Shilling coming up for sale. This one is finer than mine at PCGS AU53 CAC
You know, not AU50 or AU55, but AU53. And CAC deems it choice for the grade. This stuff cracks me up sometimes.
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TimNH's Avatar
United States
417 Posts
 Posted 08/15/2023  5:45 pm  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply

Quote:
There is another NE Shilling coming up for sale.


Two more coming right up, not much notice but if anyone sees this quickly -

https://coins.ha.com/itm/colonials/.../1364-3002.s

https://coins.ha.com/itm/colonials/.../1364-3001.s
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kbbpll's Avatar
United States
4233 Posts
 Posted 08/15/2023  7:53 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
$132k and $84k.
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hfjacinto's Avatar
United States
7276 Posts
 Posted 08/15/2023  9:40 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I never liked the look of the NE shilling. I understand it's historical significance but it's a rather boring looking coin.

The pan octo slug ($50) is a masterpiece of artistry. The highest amount coin till that point and a limited mintage. Coupled with its artistry I would rather have 1 (well maybe 2 , an octo and a round) than a set of shillings from NE.

Edited by hfjacinto
08/15/2023 9:42 pm
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Oldgrouchyguy's Avatar
United States
632 Posts
 Posted 08/16/2023  5:39 pm  Show Profile   Bookmark this reply Add Oldgrouchyguy to your friends list Get a Link to this Reply
The thing is, Heritage just sold the Salmon collection of Massachusetts Silver, the Syd Martin collection is selling now, and pretty much anyone who wanted (read: could afford it) to buy a NE Shilling could do that. That could deplete the supply of buyers in the market very quickly. It's a hugely Specialized coin. Pan Pac $50's have a panache all their own, with I'd say a larger following. Which coin is "more liquid"? I understand liquidity of the coin isn't under scrutiny now, but later?
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numismatic student's Avatar
United States
11896 Posts
 Posted 08/17/2023  5:57 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
The Stack's AU53 CAC Winsor specimen listed at the top of the page sold for $174,000 yesterday. It keeps getting cheaper. :)
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Valued Member
canudigit's Avatar
United States
59 Posts
 Posted 08/18/2023  7:39 pm  Show Profile   Bookmark this reply Add canudigit to your friends list Get a Link to this Reply
NE shilling without doubt. These positively bespeak rough and ready colonial America. If only it could talk.
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TimNH's Avatar
United States
417 Posts
 Posted 08/19/2023  12:36 pm  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply
Undoubtedly the NE shilling, iconic and elemental, while that Pan Pac thing does nothing for me.

In fact, the more I look at it the less I like it. Look at that elongated head, looks like Gazoo -
Which-Coin-Would-You-Choose?-NE-Shilling-Vs.-Octo-Pan-Pac
(The reverse with the owl I will concede is splendid)
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