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1662 Oak Tree 2 Pence, Large 2

Image Information

Type Coin
Title 1662 Oak Tree 2 Pence, Large 2
Date 1662
Grade AU53
Service NGC
Service Catalog # 45356
Denomination 2PENCE

1662 2PENCE Oak Tree Twopence, Large 2, Noe-32, W-240, Salmon 1-B, R.5, AU53 NGC. 12.4 grains. Die alignment: 330?. A well-centered and attractive example of this intriguing issue, which is usually encountered struck off-center. The tree is sharp and the legends distinct, having received a stable strike that is only a bit weak around 2 o'clock on the obverse and the corresponding area of the reverse. A uniform gray is underscored by pleasing gold toning in some of the protected areas, most noticeable in the legends. While the other denominations of the Massachusetts Willow, Oak, and Pine Tree silver series are all dated 1652, the Oak Tree twopence is unique not only for its value but because of its date. Issued in response to a need for smaller change, the coins were authorized on May 16, 1662 and ordered to be produced in large numbers: half the total value of the coinage minted that year was to be struck in twopence pieces. The Noe-32 variety is an early die state of the same recut reverse die used for Noe-33 and 34, with only a hint of the die breaks that distinguish the latter varieties. Listed on page 40 of the 2018 Guide Book. Ex: Eckfeldt; Eric P. Newman Numismatic Education Society.

Heritage Newman IX, November 2017, lot 15001, realized $8400. Images and description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part IX
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