In an incredible discovery that bridges the past and present, a small silver coin minted in 1652 in colonial Boston has sold for over $2.5 million at auction. This rare artifact, smaller than a nickel and initially worth just $1.03 in silver value, is a testament to America’s early history of independence and defiance.
The coin was unearthed in 2016 from the back of a cabinet in Amsterdam, Netherlands. The homeowner found it alongside an old note reading: “Silver token unknown / From Quincy family / B. Ma. Dec 1798.” Initially, the finder had no idea of the treasure’s historical significance.
In the Publised article by MSN, After an investigation by the Professional Coin Grading Service (PCGS), it was confirmed that the coin was minted at the Boston Mint in 1652. Stamped with the letters “NE,” representing New England, the coin symbolized the colonies’ desire to break free from British economic and political control.
A Rare Piece of American History
This coin was part of a bold move by the 13 colonies to assert their independence. The Boston Mint’s coins challenged the British crown by creating a local currency, laying an early foundation for an independent economy. According to the Massachusetts Historical Society, these coins became a symbol of rebellion, embodying New England’s resolve to stand on its own.
By the late 1700s, Boston Mint coins were already collector’s items. Thomas Brand Hollis, an English coin collector, even wrote to John Adams—then serving as an ambassador to the Netherlands and later the second President of the United States—seeking help in acquiring one of these rare pieces. Adams enlisted the help of his wife Abigail, whose great-grandfather had connections to the Boston Mint’s silversmith, John Hull.
While it’s unclear whether Adams himself played a role in transporting this particular coin to Europe, its Quincy family link and historical importance make it a treasure of monumental significance.
A Record-Breaking Auction
This recently auctioned coin, a threepence minted in 1652, is only the second known of its kind. The other resides in the Massachusetts Historical Society’s collection.
Stack’s Bowers Galleries, the auction house overseeing the sale, described the coin as a highly coveted piece among collectors. “The record for an NE coin was $646,250, but this piece has surpassed expectations,” said Vicken Yegparian, vice president of the gallery.
The bidding process was intense, lasting 12 minutes before the coin fetched $2.52 million, making it the most expensive non-gold U.S. coin minted before 1792.
A Symbol of Freedom and History
For historians and collectors, this coin isn’t just about its monetary value; it’s a window into the birth of American independence. Minted in defiance of British rule, it reflects the courage and determination of the colonies to establish their identity.
The $2.52 million sale underscores the timeless value of historical artifacts, reminding us of the stories behind these treasures and the people who shaped the course of history.
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Premlata is a seasoned finance writer with a keen eye for unraveling complex global financial systems. From government benefits to energy rebates and recruitment trends, she empowers readers with actionable insights and clarity. When she’s not crafting impactful articles, you can find her sharing her expertise on LinkedIn or connecting via email at biswaspremlata@gmail.com.
