U.S. & World Coin News and Articles

Colonial Treasures

Way back in the day, long before America became the United States, colonists in the Massachusetts Bay Colony (later Massachusetts) arranged to strike their own silver coins. The first were the "New England" shillings, sixpence, and threepence, all of which were undated but struck in 1652. These were simple disks of silver with the monogram "NE" punched on one side and the denomination (in Roman numerals) punched on the other. All of the New England coins are extremely rare. Over the years, PCGS has had the privilege of examining and certifying many of the best examples. With a subscription to PCGS CoinFacts (www.pcgscoinfacts.com), you can view some of these valuable, sublime coins. Here's how: 1) click on the Massachusetts Silver Coins page to learn about all the different silver coins issued by Massachusetts and to view examples of the four different types, 2) click on the New England Silver Coins link for the background story on these unusual coins, then 3) click on the New England Shilling link to view three, top-grade examples and to see the PCGS Price Guide, PCGS Population Report, Auction Prices Realized, rarity estimates, and the PCGS CoinFacts Condition Census. You'll be amazed at how valuable these simple coins have become.

Ron Guth is President of PCGS CoinFacts. He has been active as a coin collector, dealer, writer and auctioneer since his introduction to numismatics in 1964.
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