One (1) New England shilling coin
Massachusetts, 1652
Obverse Image: N/A
Obverse Text: NE
Reverse Image: N/A
Reverse Text: XII
Boston was founded in 1630. Within two decades, it had become a prosperous, thriving community, engaging in legal trade with the mother country and clandestine trade with Spanish America.
Perpetually short of coinage, the proper Bostonians came up with an unorthodox idea: they would take a portion of the silver coming in from the south, melt it down, and make coins from it. Their first efforts were modest. They recast the silver, beat it into thin sheets, then cut more-or-less round blanks from it. The blanks were struck with simple designs, once on each side.
The resulting coins were fairly easy to counterfeit. They were very easy to clip off some of the metal (and a portion of their value would be thereby removed). Embarrassed bureaucrats soon legislated more sophisticated designs that took up all of each side of the coin.
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