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The scarcity of coin currency was a problem for the growth of the New England economy. On May 27, 1652, the Massachusetts General Court appointed John Hull, a local silversmith, to be Boston's mint master without notifying or seeking permission from the British government. Coins were issued in denominations of 3 and 6 pence and 1 shilling.
Early American currency went through several stages of development during the colonial and post-Revolutionary history of the United States. John Hull was authorized by the Massachusetts legislature to make the earliest coinage of the colony (the willow, the oak, and the pine tree shilling ) in 1652.
1652 New England Shilling (Proofed) Sold price: $250,000 “New England Shillings are among the simplest, most valuable and rarest of all U.S. Colonial coins,” according to Professional Coin ...
A rare 17th Century coin sold at auction for a record-breaking $2.52 million eight years after it was found in an old cabinet.
X-ray examination by conservation specialists at the Museum of Fine Arts, Boston revealed the presence of coins and other items. It was opened by specialists in a media event in the American gallery of the museum on January 6, 2015. [2] Its contents include newspaper pages of the period and coins including a 1652 pine tree shilling.
The first pieces bore the letters "NE" and the denomination "III", "VI" or "XII". The coins (the pine tree shillings) were smaller than the equivalent sterling coins by 22.5%. [2] Later pieces, struck between 1652 and 1660 or 1662, bore the image of a willow tree, [3] with an oak tree [4] appearing on coins produced between 1660 or 1662 and c ...
Thanks to its connection to one of the most important journeys in American history, exploration maps have been known to fetch thousands at auction, like this one that sold for over $6,000 in 2012 ...
John Hull was born on December 18, 1624, in Market Harborough, Leicestershire, England, [1] the son of blacksmith Robert Hull and Elizabeth Storer. [2] [3] At age eleven, he immigrated to the Massachusetts Bay Colony with his father, mother, and half-brother Richard Storer, [1] departing Bristol on September 28, 1635, and arriving in Boston on November 7. [4]