Market Analysis: Even vintage NE counterfeits have value

A NE sixpence struck copy graded Very Fine by the auction house that had been featured in an Eric P. Newman book sold for $1,440.

Images courtesy of Stack's Bowers.

Bringing $60,000 at Stack’s Bowers was a PCGS Very Fine 30 (1652) NE shilling from the Noe 1-A, Salmon 1-B dies. The cataloger noted the bold detail in the design elements of the punches, though recognizing, “some of the finer elements of both punches are obscured by this coin’s interesting texture, which is rough and somewhat uneven overall.”

For collectors looking for a much more affordable option, a NE sixpence struck copy graded Very Fine by the auction house sold for $1,440. It is listed in Eric P. Newman’s 1959 book The Secret of the Good Samaritan Shilling: Supplemented with Notes on Other genuine and Counterfeit Massachusetts Silver Coins where he writes, “The texture of the silver is much more uniform than the genuine New England coinage.”

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