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Shipwreck Pine Tree Shilling

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Author Previous TopicReplies: 4 / Views: 1,264Next Topic  
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coinsandcoins32's Avatar
United States
159 Posts
 Posted 05/08/2014  5:54 pm Show Profile   Bookmark this topic Add coinsandcoins32 to your friends list Get a Link to this Message Number of Subscribers
Hello everyone, I was wondering what you think of this. This coin is being offered for sale to me and I need a second opinion. The coin in question is a Massachusetts Pine Tree Shilling (Noe-11) from the wreck of the HMBS Feversham in 1711. The coin is in a very low grade AG details, but the fact that it was part of a shipwreck is interesting for me. What d you think I should pay for this?

Pictures of the coin are in the link below. The seller obtained the coin at a coin galleries auction a few years back where it sold for $400.

http://www.mcsearch.info/record.html?id=160143
Valued Member
pcunix's Avatar
United States
58 Posts
 Posted 05/09/2014  03:49 am  Show Profile   Bookmark this reply Add pcunix to your friends list Get a Link to this Reply
I'd be on the fence about that. The picture is not great, so maybe the corrosion is not as bad as it looks, or maybe it is worse. You certainly don't get too many opportunities at that price level though, and as you say, the history is ineresting.

I'd want better pictures. As to what to pay, I don't know - not very much!
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968 Posts
 Posted 05/09/2014  04:01 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
That's pretty dang cool, I'd be tempted.
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coinsandcoins32's Avatar
United States
159 Posts
 Posted 05/09/2014  08:11 am  Show Profile   Bookmark this reply Add coinsandcoins32 to your friends list Get a Link to this Reply
I have examined the coin in hand and those are simply pictures of where the buyer obtained the coin.
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 05/09/2014  1:56 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
If you want one, that example is a good one to get, but at the right price.

Noe 11 is one of the scarcer large planchet Pine Tree Shillings, with no 'H' in Masathusets, so that is a plus. The Feversham pedigree is also interesting. However, the coin has suffered a lot, and has lost much of its statutory weight. The norm for a non-clipped example would be about 70-72 grains. This one weighs 36 grains, lost due to salt water corrosion or possibly clipping, or both.
I would not go much above the price paid at the auction you linked.


Edited by GERMANICVS
05/09/2014 1:57 pm
  Previous TopicReplies: 4 / Views: 1,264Next Topic  

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