highlight of The Henry P. Kendall Foundation Collection, which brought
more than $9.5 million when offered at Stack’s Bowers
Galleries’ March 26 auction in Baltimore, was his collection of
early Massachusetts silver coins.
John Kraljevich Jr. wrote in the introduction to the catalog, with
many great collections like the Kendall Foundation’s coming to market
recently, “Collectors have an opportunity in the present to acquire an
array of Massachusetts silver coins that would have been unimaginable
in most markets since the Civil War.”
is one of three that caught my eye.
Oak Tree shilling, AU-58 CAC
From an attractiveness perspective, a standout from the Kendall
Collection is this 1652 Oak Tree shilling graded About Uncirculated 58
by Professional Coin Grading Service, with a green
Certified Acceptance Corp. sticker indicating quality within the
grade, that sold for $35,250.
Categorized as Noe 9 and Salmon 7-Ei in the standard reference books
on the series, it is considered the finest known example, with Stack’s
Bowers noting, “Superb frosty luster is retained on both sides, each
fully original in appearance and beautifully toned medium gray with
traces of blue, gold, and rose in recesses,” before concluding that it
is “about as well preserved as one could hope a specimen of this
design type or variety to be, natural and beautiful, a coin that will
meet any connoisseur’s taste.”
For a perspective on value, the description compares the piece to a
different example of the same die marriage offered back in 2005 as
part of the Stack’s Ford XII sale that brought $46,000, although the
firm characterizes the present example as even finer.
Keep reading this Market Analysis:
1652 shilling offers collectors value, historical perspective
Kendall Collection shilling is a common variety with not-so-common features