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Lot 30262

Image Information

Type Coin
Title Lot 30262
Date 1662
/Catalog #
Grade 58
Service NGC
Denomination 2PENCE
Description 1662 2PENCE Oak Tree Twopence, Small Date AU58 NGC. Noe-29, W-240, Salmon 1-B, High R.4. 10.4 grains. Close examination of this near-Mint specimen reveals touches of gold and orange hues, enhancing the attractiveness of this Small Date variety twopence. The slightly irregularly shaped planchet exhibits a low strike on the obverse, but displays nice centering on the reverse, with most of the pellets at the border remaining. The oak tree is well defined. The twopence coinage was authorized on May 16, 1662, with the requirement that the first year of production must consist of fifty pounds worth of twopence coins for every hundred pounds minted, significantly increasing the amount of time required to strike coinage that year. The Oak Tree twopence is the sole coin in the Massachusetts silver series with a 1662 date. Ex: Eric P. Newman Numismatic Education Society. Realized $10,575.00. Description courtesy of Heritage Auctions.

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