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Thread Title: PCGS Oak Tree Shilling Genuine grade
Created On Monday September 19, 2011 7:44 PM
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fenian
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Monday September 19, 2011 7:44 PM

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Hello all. I have a 1652 Oak Tree Shilling graded Genuine by PCGS. It was damaged due to clipping (51.23 grams). It is the "IN" at left variety. Hoping to pick your brains for a best guess on its value. Thanks in advance for the help.





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ColonialCoinUnion
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Monday September 19, 2011 7:47 PM

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Condition aside, the weight - or rather lack thereof (since a full weight piece = 72 grains) - reduces the value considerably.

I'd say somewhere in the low teens.

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Edited: Monday September 19, 2011 at 7:47 PM by ColonialCoinUnion

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NewEnglandRarities
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Monday September 19, 2011 7:49 PM

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<< Condition aside, the weight - or rather lack thereof (since a full weight piece = 72 grains) - reduces the value considerably.

I'd say somewhere in the low teens.
>>



I would agree.

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New England Rarities...Dealer In Colonial Coinage and Americana

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fenian
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Monday September 19, 2011 7:54 PM

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Thanks ColonialCoinUnion. I knew when I purchased it that it was clipped down significantly and sent it in just to get it tombed as real. I knew better grades are fast out of my price range so to get this one, I was very happy.

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BillJones
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Monday September 19, 2011 7:57 PM

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First of all the coin is "too round." Some clipped some metal from it, probably long ago. These pieces are almost always oblong in some way because they were struck on a rocker press that rolled them out instead of squeezing them with the screw press type of action. Second the piece has been flattened, not worn, by something like a hammer or vise.

You can compare it with this one, which has some “as made” sins, which plague almost all of these pieces.






<< Thanks ColonialCoinUnion. I knew when I purchased it that it was clipped down significantly and sent it in just to get it tombed as real. I knew better grades are fast out of my price range so to get this one, I was very happy. >>



Yes Oak Tree pieces are scarcer and more desirable than Pine Tree pieces, especially the small planchet Pine Tree shillings. This one is probably worth $7,000 or so. One that is only slightly better than this gets into 5 figures.

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Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals.

Edited: Monday September 19, 2011 at 8:01 PM by BillJones

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RYK
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Monday September 19, 2011 7:58 PM

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<< Condition aside, the weight - or rather lack thereof (since a full weight piece = 72 grains) - reduces the value considerably.

I'd say somewhere in the low teens.
>>


Wow, that is considerably more than I expected. Is it a better variety (or can you even tall from the image)?

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fenian
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Monday September 19, 2011 7:58 PM

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Thanks NewEngland. I value both of your input and as always, I am in awe of your inventories.

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ColonialCoinUnion
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Monday September 19, 2011 8:01 PM

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<<

<< Condition aside, the weight - or rather lack thereof (since a full weight piece = 72 grains) - reduces the value considerably.

I'd say somewhere in the low teens.
>>


Wow, that is considerably more than I expected. Is it a better variety (or can you even tall from the image)?
>>



It looks like a common (though popular) Noe-1 variety, and that is what I based my estimate on.

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robkool
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Monday September 19, 2011 8:01 PM

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Always a kool coin to have... Nevertheless.

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fenian
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Monday September 19, 2011 8:02 PM

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Agreed BillJones. She isn't the prettiest but she needed a new home.

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NewEnglandRarities
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Monday September 19, 2011 8:02 PM

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<< Thanks ColonialCoinUnion. I knew when I purchased it that it was clipped down significantly and sent it in just to get it tombed as real. I knew better grades are fast out of my price range so to get this one, I was very happy. >>



Owning a piece of MA silver is never a bad thing! Any colonial has a ton of history associated with it. Enjoy it!

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New England Rarities...Dealer In Colonial Coinage and Americana

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BillJones
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Monday September 19, 2011 8:07 PM

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<<

<< Thanks ColonialCoinUnion. I knew when I purchased it that it was clipped down significantly and sent it in just to get it tombed as real. I knew better grades are fast out of my price range so to get this one, I was very happy. >>



Owning a piece of MA silver is never a bad thing! Any colonial has a ton of history associated with it. Enjoy it!
>>



Yes, I agree. Owning an Oak Tree shilling is very cool. Very few collectors ever get there. They own a Pine Tree shilling at best.

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Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals.

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fenian
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Monday September 19, 2011 8:09 PM

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I also agree that it's probably a NOE 1. I was researching it prior to sending it in to PCGS. I had sent it to NGC first but it was body bagged so I was happy enough to get it slabbed by PCGS.

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fenian
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Monday September 19, 2011 8:18 PM

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I'd say somewhere in the low teens.Text

WOW! $13,000 - $14,000?!?! Really?!?!?

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Bochiman
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Monday September 19, 2011 8:32 PM

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I hate you guys. I hate you all!
I have been fighting back the need/urge/desire/need to get a MA silver piece and each time I see a thread like this, I get closer and closer to the cliff!!!

I, and my bank account, hate you all!!!!


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RYK
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Monday September 19, 2011 8:39 PM

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<< I hate you guys. I hate you all!
I have been fighting back the need/urge/desire/need to get a MA silver piece and each time I see a thread like this, I get closer and closer to the cliff!!!

I, and my bank account, hate you all!!!!
>>


Let me give you a little push...


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fenian
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Monday September 19, 2011 8:43 PM

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<< I hate you guys. I hate you all!
I have been fighting back the need/urge/desire/need to get a MA silver piece and each time I see a thread like this, I get closer and closer to the cliff!!!

I, and my bank account, hate you all!!!!
>>



Jump! Jump! Jump!

I'm a Darksider but HAD to have one of these. Just great history there.

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Bochiman
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Monday September 19, 2011 8:45 PM

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<<

<< I hate you guys. I hate you all!
I have been fighting back the need/urge/desire/need to get a MA silver piece and each time I see a thread like this, I get closer and closer to the cliff!!!

I, and my bank account, hate you all!!!!
>>


Let me give you a little push...

>>




RYK - I hate YOU most of all

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I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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RYK
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Monday September 19, 2011 8:48 PM

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Here's a nice one from CRO...



It has Bochiman written all over it.

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Bochiman
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I check out their site almost daily.........

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I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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