New England Shilling
This, with the Sixpence and Threepence, were the earliest coins issued by the Colony of Massachusetts. They are plain planchets of silver, without date, legend, or inscription, and bear on one side the figures of value and on the other the letters N.E.
The shilling was made current, according to the act establishing a mint, at two Pence less than the corresponding English coin.
For detailed descriptions conf. Crosby.
Source: Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)